
Gross debt in Singapore
The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. Not included in the gross debt are the demands of a country to foreign ones.The gross debt in Singapore in the period from 1998 to 2021 was between 71.5 billion and 650.6 billion USD. The highest level of the last years at 651 billion US Dollar was reached in 2021.
Based on the number of inhabitants, this is a debt of 119,302 USD per person. For comparison, the average debt per person in the same year in the European Union was 33,827 USD.
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Gross debt of the last 23 years in billion USD
Year | Singapore total | Singapore per capita | EU per capita |
---|---|---|---|
1998 | 71.51 bn USD | 18,209 USD | 14,079 USD |
1999 | 75.81 bn USD | 19,150 USD | 14,032 USD |
2000 | 80.55 bn USD | 19,998 USD | 11,241 USD |
2001 | 84.35 bn USD | 20,384 USD | 11,263 USD |
2002 | 89.97 bn USD | 21,544 USD | 12,266 USD |
2003 | 99.36 bn USD | 24,148 USD | 15,295 USD |
2004 | 112.27 bn USD | 26,945 USD | 17,606 USD |
2005 | 121.37 bn USD | 28,453 USD | 18,337 USD |
2006 | 132.83 bn USD | 30,180 USD | 18,887 USD |
2007 | 161.85 bn USD | 35,272 USD | 20,910 USD |
2008 | 186.73 bn USD | 38,586 USD | 24,100 USD |
2009 | 206.58 bn USD | 41,419 USD | 25,376 USD |
2010 | 242.88 bn USD | 47,841 USD | 26,515 USD |
2011 | 291.92 bn USD | 56,314 USD | 29,254 USD |
2012 | 317.25 bn USD | 59,718 USD | 28,198 USD |
2013 | 304.60 bn USD | 56,416 USD | 30,008 USD |
2014 | 312.52 bn USD | 57,136 USD | 30,677 USD |
2015 | 317.12 bn USD | 57,294 USD | 25,944 USD |
2016 | 346.89 bn USD | 61,864 USD | 26,287 USD |
2017 | 374.46 bn USD | 66,722 USD | 27,108 USD |
2018 | 416.39 bn USD | 73,846 USD | 28,543 USD |
2019 | 481.06 bn USD | 84,343 USD | 27,264 USD |
2020 | 528.20 bn USD | 92,898 USD | 30,919 USD |
2021 | 650.62 bn USD | 119,302 USD | 33,827 USD |