Public Debt in Singapore
Public debt averaged 119% of GDP in the decade to 2022, above the average for the Asia-Pacific region of 87% of GDP. Public debt in Singapore in 2022 was 168% of GDP. For more public debt information, visit our dedicated page.
Singapore Public Debt Chart
Note: This chart displays Public Debt (% of GDP) for Singapore from 2014 to 2023.
Source: Macrobond.
Singapore Public Debt Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Public Debt (% of GDP) | 125 | 146 | 133 | 157 | 171 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Singapore public debt projections for the next ten years from a panel of 6 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable public debt forecast available for Singapore public debt.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Singapore public debt projections.
Want to get access to the full dataset of Singapore public debt forecasts? Send an email to info@focus-economics.com.