Makrognosis

Singapore Government Debt to GDP

AnnualNot seasonally adjustedCode SG.GOVDEBT.A.NSA

Latest166.1%2025
Previous165.4%2024
Year ago165.4%2024

Singapore Government Debt to GDP was 166.1% in 2025, up 0.7 percentage points from 2024.

That is the highest reading since 2023.

Among the 38 economies Makrognosis covers on this measure, it is the highest.

Over the past ten years it has ranged from 99.5% (2015) to 167.6% (2023), averaging 133.6%.

Singapore Government Debt to GDP (% of GDP), 1990 – 202550%75%100%125%150%175%19901995200020052010201520202025Robomacro
Singapore Government Debt to GDP (% of GDP), 1990 – 2025. Source: U.S. Treasury FiscalData.

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValue
2025166.1%
2024165.4%
2023167.6%
2022152.3%
2021131.3%
2020145.4%
2019124.7%
2018107.2%
2017105.4%
2016104.5%
201599.5%
201497.1%
2013101.4%
2012104.4%
2011100.8%
201098.2%
2009103.2%
200893.3%
200785.8%
200687.4%
200594.0%
200496.0%
200399.5%
200294.6%

Last 24 observations. The full history (36 observations) is available through the API.

Get Singapore Government Debt to GDP in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/SG.GOVDEBT.A.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/SG.GOVDEBT.A.NSA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observation2025
First observation1990
Observations36
FrequencyAnnual
Units% of GDP
AdjustmentNot seasonally adjusted
10-year high167.6% (2023)
10-year low99.5% (2015)
10-year average133.6%
Source agencyU.S. Treasury FiscalData
Makrognosis codeSG.GOVDEBT.A.NSA

This series is a labelled reference series (an official figure republished by an aggregator) rather than a first print from the agency itself.

Government Debt to GDP: how Singapore compares

#EconomyPeriodLatest
1Singapore2025166.1%
2Greece2026140.8%
3Italy2026139.9%
4Canada2026131.3%
5United States2026121.7%
6France2026119.1%
7Belgium2026110.2%
8Spain2026101.4%
9United Kingdom2026101.1%
10Portugal202692.5%
11Finland202690.2%
12Austria202683.6%

Government Debt to GDP by country: all 38 economies ranked →

Other Singapore indicators

Singapore GDP (Gross Domestic Product)Singapore GDP At Current Prices Total, Quarterly (SingStat M015651)Singapore Nominal GDP at current market prices (SingStat/DOS, SGD million, annual)Singapore Inflation Rate (CPI)Singapore Core Inflation RateSingapore Unemployment RateSingapore Unemployment rate, end of period (MOM via SingStat, quarterly)Singapore 10-Year Government Bond YieldSingapore Credit Rating & Sovereign Risk ScoreSingapore Loans and advances of banks (SingStat M701091 series 1)Singapore Industrial ProductionSingapore Retail SalesSingapore Producer Price Inflation (PPI)Singapore Current account balance, SGD million (SingStat, quarterly)Singapore Trade Balance: Goods & ServicesSingapore Total Merchandise Exports (At Current Prices), Monthly

FAQ

What is the current government Debt to GDP in Singapore?
The latest reading is 166.1% for 2025, published by U.S. Treasury FiscalData.
Where does this data come from?
It is collected directly from U.S. Treasury FiscalData and is available through the Makrognosis API under the code SG.GOVDEBT.A.NSA.

Last updated 2026-10-22. Source: U.S. Treasury FiscalData. Original title: “Singapore total government debt, % of nominal GDP (computed: SINGSTAT level ÷ SINGSTAT GDP)”.