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 165.64 percent and therefore a new peak in 2029. 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 Cambodia, Vietnam and Philippines.
Singapore: National debt from 2019 to 2029 in relation to gross domestic product
(GDP)
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IMF. (April 22, 2024). Singapore: National debt from 2019 to 2029 in relation to gross domestic product (GDP) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/379472/national-debt-of-singapore-in-relation-to-gross-domestic-product-gdp/
IMF. "Singapore: National debt from 2019 to 2029 in relation to gross domestic product (GDP)." Chart. April 22, 2024. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/379472/national-debt-of-singapore-in-relation-to-gross-domestic-product-gdp/
IMF. (2024). Singapore: National debt from 2019 to 2029 in relation to gross domestic product (GDP). Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/379472/national-debt-of-singapore-in-relation-to-gross-domestic-product-gdp/
IMF. "Singapore: National Debt from 2019 to 2029 in Relation to Gross Domestic Product (Gdp)." Statista, Statista Inc., 22 Apr 2024, https://www.statista.com/statistics/379472/national-debt-of-singapore-in-relation-to-gross-domestic-product-gdp/
IMF, Singapore: National debt from 2019 to 2029 in relation to gross domestic product (GDP) Statista, https://www.statista.com/statistics/379472/national-debt-of-singapore-in-relation-to-gross-domestic-product-gdp/ (last visited September 01, 2024)
Singapore: National debt from 2019 to 2029 in relation to gross domestic product (GDP) [Graph], IMF, April 22, 2024. [Online]. Available: https://www.statista.com/statistics/379472/national-debt-of-singapore-in-relation-to-gross-domestic-product-gdp/