Singapore External Debt: Short Term: % of GDP

2003 - 2025 | Yearly | % | CEIC Data

Key information about Singapore External Debt: Short Term: % of GDP

  • Singapore External Debt: Short Term accounted for 248.1 % of the country's Nominal GDP in 2025, compared with the ratio of 247.9 % in the previous year.
  • Singapore External Debt: Short Term: % of Nominal GDP data is updated yearly, available from 2003 to 2025.
  • The data reached an all-time high of 444.2 % in 2003 and a record low of 236.0 % in 2022.

CEIC calculates Short Term External Debt as % of Nominal GDP from quarterly Short Term External Debt and annual Nominal GDP. Short Term External Debt is calculated as the sum of Short Term External Debt breakdowns for Deposit-Taking Corporations and Other Sectors. The Singapore Department of Statistics provides Short Term External Debt in local currency and Nominal GDP in local currency.


Related information about Singapore External Debt: Short Term: % of GDP

  • In the latest reports of Singapore, Current Account recorded a surplus of 31.0 USD bn in Dec 2025.
  • Foreign Direct Investment (FDI) increased by 45.2 USD bn in Dec 2025.
  • Singapore Direct Investment Abroad expanded by 33.6 USD bn in Dec 2025.
  • Its Foreign Portfolio Investment increased by 15.0 USD bn in Dec 2025.
  • Singapore External Debt: Short Term value stood at 1,523.3 USD bn in Dec 2025.
  • The country's Nominal GDP was reported at 147.8 USD bn in Sep 2025.

View Singapore's External Debt: Short Term: % of GDP from 2003 to 2025 in the chart:

Singapore External Debt: Short Term: % of GDP

What was Singapore's External Debt: Short Term: % of GDP in 2025?

Singapore External Debt: Short Term accounted for 248.1 % of the country's Nominal GDP in 2025, compared with the ratio of 247.9 % in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
248.1 2025 247.9 2024 236.0 2022 444.2 2003 % yearly 2003 - 2025

External Debt: Short Term: % of GDP by Country Comparison

country/region Last Frequency Range
Albania (%) 4.0 2025 yearly 1991 - 2025
Algeria (%) 0.7 2024 yearly 1977 - 2024
Argentina (%) 12.2 2025 yearly 2003 - 2025
Armenia (%) 16.5 2025 yearly 2000 - 2025
Australia (%) 25.4 2025 yearly 1988 - 2025
Austria (%) 45.4 2024 yearly 1997 - 2024
Azerbaijan (%) 0.3 2024 yearly 1993 - 2024
Bangladesh (%) 3.2 2025 yearly 2012 - 2025
Belarus (%) 12.8 Dec 2025 quarterly Dec 2000 - Dec 2025
Belgium (%) 105.5 2025 yearly 2007 - 2025
Bolivia (%) 0.0 2019 yearly 2000 - 2019
Bosnia and Herzegovina (%) 10.3 2024 yearly 1999 - 2024
Botswana (%) 0.8 2024 yearly 1994 - 2024
Brazil (%) 4.9 2025 yearly 1999 - 2025
Bulgaria (%) 10.6 2025 yearly 1999 - 2025
Canada (%) 56.2 2025 yearly 1990 - 2025
Chile (%) 7.1 2024 yearly 1971 - 2024
China (%) 6.8 2025 yearly 1985 - 2025
Colombia (%) 7.8 2024 yearly 1970 - 2024
Croatia (%) 20.7 2022 yearly 1999 - 2022
Cyprus (%) 162.6 2025 yearly 2008 - 2025
Czech Republic (%) 32.9 2025 yearly 1995 - 2025
Denmark (%) 61.2 2025 yearly 2005 - 2025
Ecuador (%) 0.2 2025 yearly 1970 - 2025
Egypt (%) 8.5 2025 yearly 1990 - 2025
Estonia (%) 29.1 2025 yearly 1996 - 2025
Finland (%) 70.8 2025 yearly 1991 - 2025
France (%) 109.8 2024 yearly 2004 - 2024
Georgia (%) 13.9 2025 yearly 2006 - 2025
Germany (%) 54.8 2025 yearly 2004 - 2025
Greece (%) 73.7 2025 yearly 2003 - 2025
Hong Kong SAR, China (%) 289.2 2025 yearly 2001 - 2025
Hungary (%) 14.2 2025 yearly 1995 - 2025
Iceland (%) 7.4 2025 yearly 1989 - 2025
India (%) 3.5 2025 yearly 1990 - 2025
Indonesia (%) 4.3 2025 yearly 2003 - 2025
Iran (%) 0.5 2025 yearly 1994 - 2025
Ireland (%) 219.5 2025 yearly 2002 - 2025
Israel (%) 9.1 2025 yearly 2000 - 2025
Italy (%) 40.3 2024 yearly 2002 - 2024
Ivory Coast (%) 4.9 2024 yearly 1970 - 2024
Japan (%) 78.4 2025 yearly 2003 - 2025
Jordan (%) 32.4 2025 yearly 2000 - 2025
Kazakhstan (%) 7.1 2025 yearly 1992 - 2025
Kenya (%) 1.7 2024 yearly 1996 - 2024
South Korea (%) 9.6 2025 yearly 1994 - 2025
Kosovo (%) 14.3 2024 yearly 2007 - 2024
Kyrgyzstan (%) 10.2 2024 yearly 2003 - 2024
Latvia (%) 40.4 2024 yearly 2000 - 2024
Lithuania (%) 51.8 2025 yearly 2004 - 2025
Luxembourg (%) 1,145.9 2025 yearly 2002 - 2025
North Macedonia (%) 19.4 2024 yearly 2004 - 2024
Malawi (%) 0.6 2019 yearly 2002 - 2019
Malaysia (%) 29.4 2025 yearly 2009 - 2025
Malta (%) 135.0 2025 yearly 2004 - 2025
Mauritius (%) 77.4 2025 yearly 2009 - 2025
Mexico (%) 3.4 2025 yearly 2002 - 2025
Moldova (%) 13.8 2024 yearly 2000 - 2024
Mongolia (%) 10.0 2025 yearly 1992 - 2025
Montenegro (%) 2.8 2024 yearly 2007 - 2024
Morocco (%) 7.8 2022 yearly 1970 - 2022
Mozambique (%) 5.3 2024 yearly 1984 - 2024
Myanmar (%) 0.1 2023 yearly 2018 - 2023
Netherlands (%) 139.5 2025 yearly 2003 - 2025
New Zealand (%) 33.5 2024 yearly 2000 - 2024
Nigeria (%) 0.2 2022 yearly 2008 - 2022
Norway (%) 54.4 2025 yearly 2012 - 2025
Pakistan (%) 0.8 2025 yearly 2006 - 2025
Palestinian Territory (%) 4.6 2024 yearly 2012 - 2024
Panama (%) 59.0 2021 yearly 1970 - 2021
Paraguay (%) 11.6 2021 yearly 2002 - 2021
Peru (%) 2.0 2025 yearly 1980 - 2025
Philippines (%) 4.2 2025 yearly 2005 - 2025
Poland (%) 7.3 2025 yearly 2004 - 2025
Portugal (%) 59.3 2024 yearly 1996 - 2024
Romania (%) 13.3 2024 yearly 2004 - 2024
Russia (%) 5.9 2025 yearly 2001 - 2025
Serbia (%) 1.2 2024 yearly 2000 - 2024
Singapore (%) 248.1 2025 yearly 2003 - 2025
Slovakia (%) 38.6 2025 yearly 2006 - 2025
Slovenia (%) 33.0 2025 yearly 1995 - 2025
South Africa (%) 11.6 2025 yearly 1994 - 2025
Spain (%) 60.9 2024 yearly 2000 - 2024
Sri Lanka (%) 11.5 2022 yearly 1998 - 2022
Sudan (%) 15.7 2021 yearly 1970 - 2021
Sweden (%) 51.2 2025 yearly 1997 - 2025
Switzerland (%) 115.2 2025 yearly 1999 - 2025
Taiwan, China (%) 24.1 2025 yearly 1999 - 2025
Tajikistan (%) 6.1 2024 yearly 1993 - 2024
Thailand (%) 15.3 2025 yearly 1980 - 2025
Tunisia (%) 30.9 2025 yearly 2002 - 2025
Turkey (%) 10.5 2025 yearly 1995 - 2025
Ukraine (%) 6.4 2025 yearly 2009 - 2025
United Kingdom (%) 192.5 2025 yearly 1979 - 2025
United States (%) 32.1 2025 yearly 2003 - 2025
Uruguay (%) 10.9 2025 yearly 1999 - 2025
Venezuela (%) 0.2 2017 yearly 1997 - 2017
Vietnam (%) 7.8 2024 yearly 1985 - 2024
Yemen (%) 1.8 2017 yearly 1991 - 2017

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Singapore Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 3.0 Dec 2025 quarterly Mar 2012 - Dec 2025
Consolidated Fiscal Balance (USD mn) -8,317.834 Mar 2026 monthly Apr 2011 - Mar 2026
Tax Revenue (USD mn) 6,038.137 Mar 2026 monthly Aug 1987 - Mar 2026
Tax Revenue: % of GDP (%) 10.9 Dec 2025 quarterly Dec 1987 - Dec 2025
National Government Debt (USD mn) 1,019,617.5 Dec 2025 quarterly Mar 1990 - Dec 2025
Government Debt: % of GDP (%) 166.1 Dec 2025 quarterly Mar 1990 - Dec 2025
Forecast: Government Expenditure (SGD bn) 186.474 2032 yearly 1991 - 2032
Forecast: Government Net Debt (SGD bn) 1,837.725 2032 yearly 1991 - 2032
Forecast: Government Revenue (SGD bn) 205.775 2032 yearly 1991 - 2032
Govt Revenue: Operating (SGD mn) 9,703.500 Mar 2026 monthly Jan 2003 - Mar 2026
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 0.602 2031 yearly 1980 - 2031
Trade Balance (USD mn) 8,767.0 Mar 2026 monthly Jan 1976 - Mar 2026
Total Exports (USD mn) 63,953.8 Mar 2026 monthly Jan 1976 - Mar 2026
Total Exports Growth (%) 42.2 Mar 2026 monthly Jan 1977 - Mar 2026
Aluminum: Exports (USD th) 804,810.730 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 8,129,174.836 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 9,478,814.484 2024 yearly 1995 - 2024
Total Imports (USD mn) 55,186.8 Mar 2026 monthly Jan 1964 - Mar 2026
Total Imports Growth (%) 35.5 Mar 2026 monthly Jan 1965 - Mar 2026
Imports: Medicament (USD th) 2,332,947.888 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 3,832,220.692 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 4,769.459 Mar 2026 monthly Jan 1976 - Mar 2026
Total Imports from USA (USD mn) 5,151.375 Mar 2026 monthly Jan 1976 - Mar 2026
Total Exports to China (USD mn) 6,547.202 Mar 2026 monthly Jan 1975 - Mar 2026
Total Imports from China (USD mn) 5,674.898 Mar 2026 monthly Jan 1975 - Mar 2026
Exports: YoY Growth (%) 41.224 Mar 2026 monthly Jan 1965 - Mar 2026
Imports: YoY Growth (%) 35.514 Mar 2026 monthly Jan 1965 - Mar 2026
Export: sa: MoM Growth (%) 20.715 Mar 2026 monthly Feb 1976 - Mar 2026
Import: sa: MoM Growth (%) 11.702 Mar 2026 monthly Jan 1974 - Mar 2026
Domestic Exports: Non Oil (SGD mn) 17,289.94 May 2018 monthly Jan 1976 - May 2018
Exports: Non Oil (SGD mn) 40,168.70 Jul 2018 monthly Jan 1964 - Jul 2018
Re Exports: Non Oil (SGD mn) 22,035.26 May 2018 monthly Jan 1976 - May 2018
Export Value Index (2015=100) 135.500 2023 yearly 1980 - 2023
Import Value Index (2015=100) 142.500 2023 yearly 1980 - 2023
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 33,615.7 Dec 2025 quarterly Mar 1995 - Dec 2025
Current Account Balance (USD mn) 31,041.5 Dec 2025 quarterly Mar 1986 - Dec 2025
Current Account Balance: % of GDP (%) 19.2 Dec 2025 quarterly Mar 1986 - Dec 2025
Foreign Direct Investment (USD mn) 45,171.7 Dec 2025 quarterly Mar 1995 - Dec 2025
Foreign Direct Investment: % of GDP (%) 27.9 Dec 2025 quarterly Mar 1995 - Dec 2025
Foreign Portfolio Investment (USD mn) 14,964.357 Dec 2025 quarterly Mar 1995 - Dec 2025
Foreign Portfolio Investment: % of GDP (%) 9.3 Dec 2025 quarterly Mar 1995 - Dec 2025
External Debt (USD mn) 2,469,353.0 Dec 2025 quarterly Jun 2003 - Dec 2025
External Debt: % of GDP (%) 402.2 2025 yearly 2003 - 2025
External Debt: Short Term (USD mn) 1,523,270.5 Dec 2025 quarterly Jun 2003 - Dec 2025
External Debt: Short Term: % of GDP (%) 248.1 2025 yearly 2003 - 2025
Forecast: Current Account Balance (USD bn) 134.295 2031 yearly 1980 - 2031
Net International Investment Position (USD mn) 1,080,064.391 Dec 2025 quarterly Dec 2013 - Dec 2025
BoP: FA: Others: Liabilities (SGD mn) 82,514.900 Dec 2025 quarterly Mar 1986 - Dec 2025
BoP: FA: Direct Investment (SGD mn) -14,978.900 Dec 2025 quarterly Mar 1986 - Dec 2025
BoP: Official Reserves (OR): Net (SGD mn) 21,431.600 Dec 2025 quarterly Mar 1986 - Dec 2025
BoP: Net Errors and Omissions (SGD mn) -1,898.200 Dec 2025 quarterly Mar 1986 - Dec 2025
BoP: FA: Direct Investment: Liabilities (SGD mn) 58,551.600 Dec 2025 quarterly Mar 1995 - Dec 2025
BoP: FA: Financial Derivatives: Liabilities (SGD mn) 1,693.900 Dec 2025 quarterly Mar 2006 - Dec 2025
BoP: CA: Goods: Exports (SGD mn) 232,813.000 Dec 2025 quarterly Mar 1986 - Dec 2025
BoP: CA: Primary Income Balance: Receipts (SGD mn) 73,218.400 Dec 2025 quarterly Mar 1986 - Dec 2025
BoP: FA: Direct Investment: Assets (SGD mn) 43,572.700 Dec 2025 quarterly Mar 1995 - Dec 2025
BoP: CA: Services: Imports (SGD mn) 129,536.000 Dec 2025 quarterly Mar 1986 - Dec 2025
BoP: CA: Goods: Imports (SGD mn) 168,217.000 Dec 2025 quarterly Mar 1986 - Dec 2025
BoP: FA: Financial Derivatives (SGD mn) 2,232.200 Dec 2025 quarterly Mar 2006 - Dec 2025
BoP: CA: Secondary Income Balance (SGD mn) -2,721.900 Dec 2025 quarterly Mar 1986 - Dec 2025
BoP: FA: Portfolio Inv: Liabilities (SGD mn) 19,396.800 Dec 2025 quarterly Mar 1995 - Dec 2025
BoP: Financial Account (FA): Net (SGD mn) 16,906.200 Dec 2025 quarterly Mar 1986 - Dec 2025
BoP: Current Account (CA) Balance (SGD mn) 40,236.000 Dec 2025 quarterly Mar 1986 - Dec 2025
BoP: FA: Financial Derivatives: Assets (SGD mn) 3,926.100 Dec 2025 quarterly Mar 2006 - Dec 2025
BoP: CA: Primary Income Balance: Payment (SGD mn) 105,968.200 Dec 2025 quarterly Mar 1986 - Dec 2025
BoP: CA: Goods: Balance (SGD mn) 64,596.000 Dec 2025 quarterly Mar 1986 - Dec 2025
BoP: CA: Primary Income Balance (SGD mn) -32,749.800 Dec 2025 quarterly Mar 1986 - Dec 2025
BoP: FA: Others (SGD mn) 20,289.800 Dec 2025 quarterly Mar 1986 - Dec 2025
BoP: FA: Portfolio Inv: Assets (SGD mn) 28,759.900 Dec 2025 quarterly Mar 1995 - Dec 2025
BoP: CA: Services: Exports (SGD mn) 140,647.700 Dec 2025 quarterly Mar 1986 - Dec 2025
BoP: CA: Services: Balance (SGD mn) 11,111.700 Dec 2025 quarterly Mar 1986 - Dec 2025
BoP: FA: Portfolio Investment (SGD mn) 9,363.100 Dec 2025 quarterly Mar 1986 - Dec 2025
BoP: FA: Others: Assets (SGD mn) 102,804.700 Dec 2025 quarterly Mar 1986 - Dec 2025
External Debt: Gross: OL: DTC: Long Term (SGD mn) 194,281.200 Dec 2025 quarterly Jun 2003 - Dec 2025
External Debt: Gross: OL: DTC: Short Term (SGD mn) 1,536,865.400 Dec 2025 quarterly Jun 2003 - Dec 2025
External Debt: Gross (SGD mn) 3,175,341.000 Dec 2025 quarterly Jun 2003 - Dec 2025
External Debt: Gross: OL: OS: Short Term (SGD mn) 421,908.100 Dec 2025 quarterly Jun 2003 - Dec 2025
External Debt: Gross: OL: OS: Long Term (SGD mn) 345,552.100 Dec 2025 quarterly Jun 2003 - Dec 2025
BoP: FA: PI: Liabilities: Equity & Investment Fund Shares (SGD mn) -5,728.600 2018 yearly 1988 - 2018
BoP: FA: PI: Liabilities: Debt Securities (SGD mn) 1,256.600 2018 yearly 1988 - 2018
International Investment Position (IIP) (SGD mn) 1,108,209.700 Dec 2018 quarterly Dec 2013 - Dec 2018
Direct Investment Abroad: European Union (EU-27) (SGD mn) 246,050.400 2024 yearly 1994 - 2024
FDI: By Industry: Financial & Insurance Services (SGD mn) 2,049,179.800 2024 yearly 1998 - 2024
FDI: By Industry: Wholesale & Retail Trade (SGD mn) 418,217.900 2024 yearly 1998 - 2024
FDI: By Industry: Manufacturing (SGD mn) 249,584.800 2024 yearly 1998 - 2024
Foreign Direct Investment (FDI): Total (SGD mn) 3,130,445.800 2024 yearly 1998 - 2024
FDI: By Industry: Professinal, Administrative & Support Services (SGD mn) 152,038.500 2024 yearly 1998 - 2024
FDI: By Country: United Kingdom (SGD mn) 174,338.400 2024 yearly 1998 - 2024
FDI: By Country: Netherlands (SGD mn) 90,253.800 2024 yearly 1998 - 2024
FDI: By Country: United States (SGD mn) 778,574.600 2024 yearly 1998 - 2024
FDI: By Country: Switzerland (SGD mn) 56,236.700 2024 yearly 1998 - 2024
FDI: By Country: Japan (SGD mn) 196,064.000 2024 yearly 1998 - 2024
Business Entities (BE): Formation: Total (Number) 7,275.000 Apr 2026 monthly Jan 1970 - Apr 2026
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.1 Dec 2025 quarterly Jun 2004 - Dec 2025
Household Debt: % of GDP (%) 51.6 Dec 2025 quarterly Mar 1995 - Dec 2025
Non-Performing Loans (USD mn) 9,947.940 Dec 2019 quarterly Dec 2008 - Dec 2019
Money Supply M1 (USD mn) 428,898.365 Mar 2026 monthly Mar 2004 - Mar 2026
Money Supply M2 (USD mn) 1,132,362.820 Mar 2026 monthly Mar 2004 - Mar 2026
M2 Growth (%) 6.8 Mar 2026 monthly Mar 2005 - Mar 2026
Foreign Exchange Reserves (USD mn) 414,957.4 Apr 2026 monthly Apr 2000 - Apr 2026
Foreign Exchange Reserves: % of GDP (%) 65.666 Dec 2025 quarterly Jun 2000 - Dec 2025
Foreign Exchange Reserves: Months of Import (NA) 7.2 Mar 2026 monthly Apr 2000 - Mar 2026
Gold Reserves (USD mn) 4,385.900 Apr 2026 monthly Apr 2000 - Apr 2026
Total Deposits (USD mn) 1,628,641.278 Mar 2026 monthly Jan 1991 - Mar 2026
Total Deposits Growth (%) 11.8 Mar 2026 monthly Jan 1992 - Mar 2026
Domestic Credit (USD mn) 983,963.4 Mar 2026 monthly Mar 2004 - Mar 2026
Domestic Credit Growth (%) 5.1 Mar 2026 monthly Mar 2005 - Mar 2026
Credit to Households (USD bn) 263.375 Sep 2025 quarterly Mar 1991 - Sep 2025
Credit to Private Non-Financial Sector (USD bn) 1,002.919 Sep 2025 quarterly Dec 1963 - Sep 2025
Household Debt (USD mn) 321,765.4 Mar 2026 monthly Mar 2004 - Mar 2026
Total Loans (USD mn) 1,094,207.244 Mar 2026 monthly Mar 2004 - Mar 2026
Total Loans Growth (%) 6.24 Mar 2026 monthly Mar 2005 - Mar 2026
Private Debt: % of Nominal GDP (%) 127.25 Dec 2025 quarterly Mar 2004 - Dec 2025
ORA: Other Reserve Assets (USD mn) 472.40 Jul 2018 monthly Apr 2000 - Jul 2018
ORA: Gold Incl Gold Deposits and Gold Swapped (USD mn) 211.70 Jul 2018 monthly Apr 2000 - Jul 2018
DBU: Loans & Advances: Total, Including Bills Financing (SGD mn) 667,892.20 May 2018 monthly Jan 1980 - May 2018
DBU: Loans & Advances: Loans to Businesses (LB) (SGD mn) 403,032.70 May 2018 monthly Mar 2004 - May 2018
DBU: Loans & Advances: CL: Housing & Bridging Loans (SGD mn) 203,114.90 May 2018 monthly Jan 1991 - May 2018
DBU: Loans & Advances: Consumer Loans (CL) (SGD mn) 264,859.50 May 2018 monthly Mar 2004 - May 2018
DBU: Loans & Advances: LB: Professional & Private Individuals (SGD mn) 10,320.90 May 2018 monthly Jan 1991 - May 2018
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 2.2 Apr 2026 monthly Jan 2000 - Apr 2026
Composite Leading Index: 2015=100 (2015=100) 109.300 Mar 2019 quarterly Mar 1978 - Mar 2019

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