An error occured. Details Hide
You have unsaved pages. Restore Cancel

Singapore - General government gross debt in current LCU

530 (billion LCU) in 2018

In 2018, government debt for Singapore was 530 billion LCU. Over the last 20 years, government debt of Singapore grew substantially from 126 to 530 billion LCU rising at an increasing annual rate that reached a maximum of 14.11 % in 2009 and then decreased to 5.61 % in 2018.

The description is composed by our digital data assistant.

What is government debt?

Gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. This includes debt liabilities in the form of SDRs, currency and deposits, debt securities, loans, insurance, pensions and standardized guarantee schemes, and other accounts payable. Thus, all liabilities in the GFSM 2001 system are debt, except for equity and investment fund shares and financial derivatives and employee stock options. Debt can be valued at current market, nominal, or face values (GFSM 2001, paragraph 7.110).

What is Singapore government debt?

Date Value Change, %
2018 530 5.61 %
2017 502 8.39 %
2016 463 9.94 %
2015 421 8.79 %
2014 387 -0.81 %
2013 390 1.40 %
2012 385 8.75 %
2011 354 10.23 %
2010 321 10.18 %
2009 292 14.11 %
2008 255 9.13 %
2007 234