The ratio of national debt to gross domestic product (GDP) in Singapore was forecast to continuously increase between 2024 and 2029 by in total 3.2 percentage points. After the eighth consecutive increasing year, the ratio is estimated to reach 178.36 percent and therefore a new peak in 2029. Depicted here is the general government gross debt in relation to the country's GDP. According to the International Monetary Fund, 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. The GDP, on the other hand, refers to the total value of final goods and services produced during a year.Find more key insights for the ratio of national debt to gross domestic product (GDP) in countries like Cambodia, Vietnam, and Philippines.

Singapore recorded a Government Debt to GDP of 170.80 percent of the country's Gross Domestic Product in 2023. This dataset provides - Singapore Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The ratio of national debt to gross domestic product (GDP) in Thailand was forecast to increase between 2024 and 2029 by in total 1.1 percentage points. This overall increase does not happen continuously, notably not in 2027, 2028 and 2029. The ratio is estimated to amount to 66.06 percent in 2029. Notably, the ratio of national debt to gross domestic product (GDP) was continuously increasing over the past years.Depicted here is the general government gross debt in relation to the country's GDP. According to the International Monetary Fund, 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. The GDP, on the other hand, refers to the total value of final goods and services produced during a year.Find more key insights for the ratio of national debt to gross domestic product (GDP) in countries like Singapore, Indonesia, and Philippines.

Il debito delle famiglie a Singapore è diminuito al 44,90% del PIL nel secondo trimestre del 2024 rispetto al 45,50% del PIL nel primo trimestre del 2024. Valori correnti, dati storici, previsioni, statistiche, grafici e calendario economico - Singapore - Le famiglie del debito e il PIL.

The statistic shows the national debt of countries in the ASEAN region of Asia in relation to gross domestic product (GDP) from 2019 to 2029. The ASEAN (Association of Southeast Asian Nations) countries are Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam. In 2021, the national debt of Myanmar amounted to 61.29 percent of the country's gross domestic product.

Key information about Singapore Domestic Credit Growth

• Singapore Domestic Credit increased 6.1 % YoY in Jan 2025, compared with an increase of 6.3 % YoY in the previous month
• Singapore Domestic Credit Growth YoY data is updated monthly
• It averaged 8.2 %, available from Mar 2005 to Jan 2025
• The data reached an all-time high of 39.0 % in Sep 2007 and a record low of -6.0 % in Jul 2021

CEIC calculates Domestic Credit Growth from monthly Domestic Credit. Domestic Credit is calculated as Gross Domestic Credit less Government Deposits. The Monetary Authority of Singapore provides Domestic Credit in local currency. Domestic Credit prior to July 2021 covers transactions from Domestic Banking Units and Asian Currency Units.


Further information about Singapore Domestic Credit Growth

• In the latest reports, Singapore Domestic Credit reached 887.0 USD bn in Jan 2025
• Money Supply M2 in Singapore increased to 994.1 USD bn YoY in Jan 2025
• Singapore Foreign Exchange Reserves was measured at 363.3 USD bn in Jan 2025
• The Foreign Exchange Reserves equaled 9.0 Months of Import in Jan 2025
• The country's Non Performing Loans Ratio stood at 1.3 % in Dec 2019, compared with the ratio of 1.4 % in the previous quarter
• Household Debt of Singapore reached 52.0 % in Sep 2024, accounting for 52.0 % of the country's Nominal GDP

The ratio of national debt to gross domestic product (GDP) in Cambodia was forecast to continuously decrease between 2024 and 2029 by in total 0.2 percentage points. According to this forecast, in 2029, the ratio will have decreased for the fourth consecutive year to 26.35 percent. This indicator describes the general government gross debt in relation to the country's GDP. According to the International Monetary Fund, 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. The GDP, on the other hand, refers to the total value of final goods and services produced during a year.Find more key insights for the ratio of national debt to gross domestic product (GDP) in countries like Indonesia, Singapore, and Philippines.

This dataset provides values for HOUSEHOLDS DEBT TO GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Hutang Rumah Tangga:% dari PDB Singapura dilaporkan sebesar 51.9 % pada 2024-12. Rekor ini turun dibanding sebelumnya yaitu 52.0 % untuk 2024-09. Data Hutang Rumah Tangga:% dari PDB Singapura diperbarui triwulanan, dengan rata-rata 71.4 % dari 1995-03 sampai 2024-12, dengan 120 observasi. Data ini mencapai angka tertinggi sebesar 96.0 % pada 2003-09 dan rekor terendah sebesar 51.1 % pada 2023-03. Data Hutang Rumah Tangga:% dari PDB Singapura tetap berstatus aktif di CEIC dan dilaporkan oleh CEIC Data. Data dikategorikan dalam Global Economic Monitor World Trend Plus – Table: Household Debt: % of Nominal GDP: Quarterly.

The ratio of national debt to gross domestic product (GDP) in the Philippines was forecast to continuously decrease between 2024 and 2029 by in total 3.4 percentage points. According to this forecast, in 2029, the ratio will have decreased for the fourth consecutive year to 54.21 percent. Depicted here is the general government gross debt in relation to the country's GDP. According to the International Monetary Fund, 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. The GDP, on the other hand, refers to the total value of final goods and services produced during a year.Find more key insights for the ratio of national debt to gross domestic product (GDP) in countries like Singapore, Malaysia, and Cambodia.

Singapurs Haushaltschuld:% des BIP belief sich im 2024-09 auf 52.4 %. Dies stellt einen Rückgang im Vergleich zu den vorherigen Zahlen von 52.7 % für 2024-06 dar. Singapurs Haushaltschuld:% des BIP werden vierteljährlich aktualisiert, mit einem Durchschnitt von 71.6 % von 1995-03 bis 2024-09, mit 119 Beobachtungen. Die Daten erreichten ein Allzeithoch in Höhe von 96.0 % im 2003-09 und ein Rekordtief in Höhe von 52.4 % im 2024-09. Singapurs Haushaltschuld:% des BIP Daten behalten den Aktiv-Status in CEIC und werden von CEIC Data gemeldet. Die Daten werden unter World Trend Pluss Global Economic Monitor – Table: Household Debt: % of Nominal GDP: Quarterly kategorisiert.

In 2023, the U.S. GDP increased from the previous year to about 27.36 trillion U.S. dollars. This increase in GDP can be attributed to a continued rebound from the impact of the coronavirus pandemic. Gross domestic product (GDP) refers to the market value of all goods and services produced within a country. In 2023, the United States has the largest economy in the world. See, for example, the Russian GDP for comparison.

What is GDP? Gross domestic product is one of the most important indicators used to analyze the health of an economy. GDP is defined by the BEA as the market value of goods and services produced by labor and property in the United States, regardless of nationality. It is the primary measure of U.S. production. The OECD defines GDP as an aggregate measure of production equal to the sum of the gross values added of all resident, institutional units engaged in production (plus any taxes, and minus any subsidies, on products not included in the value of their outputs).

GDP and national debt

Although the United States had the highest Gross Domestic Product (GDP) in the world in 2022, this does not tell us much about the quality of life in any given country. GDP per capita at purchasing power parity (PPP) is an economic measurement that is thought to be a better method for comparing living standards across countries because it accounts for domestic inflation and variations in the cost of living.

While the United States might have the largest economy, the country that ranked highest in terms of GDP at PPP was Luxembourg, amounting to around 141,333 international dollars per capita. Singapore, Ireland, and Qatar also ranked highly on the GDP PPP list, and the United States ranked 9th in 2022.

Key information about Singapore M2 Growth

• Singapore Money Supply M2 increased 6.7 % YoY in Jan 2025, compared with a growth of 6.7 % in the previous month
• Singapore Money Supply M2 growth data is updated monthly, available from Mar 2005 to Jan 2025
• The data reached an all-time high of 23.0 % in Mar 2007 and a record low of 1.0 % in Feb 2016

CEIC calculates M2 Growth Rate from monthly M2. The Monetary Authority of Singapore provides M2 in local currency. Money Supply M2 prior to July 2021 covers transactions from Domestic Banking Units and Asian Currency Units.


Further information about Singapore M2 Growth

• In the latest reports, Singapore Foreign Exchange Reserves was measured at 363.3 USD bn in Jan 2025
• The Foreign Exchange Reserves equaled 9.0 Months of Import in Jan 2025
• Singapore Domestic Credit reached 887.0 USD bn in Jan 2025, representing an increased of 6.1 % YoY
• The country's Non Performing Loans Ratio stood at 1.3 % in Dec 2019, compared with the ratio of 1.4 % in the previous quarter
• Household Debt of Singapore reached 278.8 USD bn in Jan 2025, accounting for 52.0 % of the country's Nominal GDP

Portugal, Canada, and the United States were the countries with the highest house price to income ratio in 2023. In all three countries, the index exceeded 130 index points, while the average for all OECD countries stood at 117.5 index points. The index measures the development of housing affordability and is calculated by dividing nominal house price by nominal disposable income per head, with 2015 set as a base year when the index amounted to 100. An index value of 120, for example, would mean that house price growth has outpaced income growth by 20 percent since 2015. How have house prices worldwide changed since the COVID-19 pandemic? House prices started to rise gradually after the global financial crisis (2007–2008), but this trend accelerated with the pandemic. The countries with advanced economies, which usually have mature housing markets, experienced stronger growth than countries with emerging economies. Real house price growth (accounting for inflation) peaked in 2022 and has since lost some of the gain. Although, many countries experienced a decline in house prices, the global house price index shows that property prices in 2023 were still substantially higher than before COVID-19. Renting vs. buying In the past, house prices have grown faster than rents. However, the home affordability has been declining notably, with a direct impact on rental prices. As people struggle to buy a property of their own, they often turn to rental accommodation. This has resulted in a growing demand for rental apartments and soaring rental prices.