Net lending (+) / net borrowing (-) in Singapore
Singapore: Net lending (+) / net borrowing (-) was 26.36 billion current LCU in 2024. ◆ Volatile
Net lending (+) / net borrowing (-) in Singapore, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for net lending (+) / net borrowing (-) in Singapore is 26.36 billion current LCU, measured in 2024.
The figure is up 148.6% on the previous year and down 6.9% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in Singapore peaked at 38.12 billion current LCU in 2019 and was at its lowest, -35.51 billion current LCU, in 2020.
Singapore ranks 15th of 156 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 770.62 million current LCU | 451.00 million current LCU | 1.16 billion current LCU | 8 |
| 1980s | 2.44 billion current LCU | -1.47 billion current LCU | 4.18 billion current LCU | 10 |
| 1990s | 17.49 billion current LCU | 7.27 billion current LCU | 30.08 billion current LCU | 10 |
| 2000s | 13.08 billion current LCU | 4.42 billion current LCU | 30.31 billion current LCU | 10 |
| 2010s | 28.51 billion current LCU | 17.78 billion current LCU | 38.12 billion current LCU | 10 |
| 2020s | 2.81 billion current LCU | -35.51 billion current LCU | 26.36 billion current LCU | 4 |
Countries ranked near Singapore
More public sector data for Singapore
- Arms imports 348.00 million SIPRI trend indicator values (2024)
- Tax revenue 13.6% (2024)
- Taxes on income, profits and capital gains 39.0% (2024)
- Taxes on goods and services 21.5% (2024)
- Net investment in nonfinancial assets -1.0% (2024)
- Net lending (+) / net borrowing (-) 3.4% (2024)
- Interest payments 0.5% (2024)
- Grants and other revenue 23.5% (2024)
- Interest payments 0.4% (2023)
- Other taxes 16.0% (2024)
Frequently asked questions
- What is net lending (+) / net borrowing (-) in Singapore?
- Net lending (+) / net borrowing (-) in Singapore was 26.36 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net lending (+) / net borrowing (-) recorded in Singapore?
- The highest recorded value was 38.12 billion current LCU in 2019.
- What is the lowest net lending (+) / net borrowing (-) recorded in Singapore?
- The lowest recorded value was -35.51 billion current LCU in 2020.
- How does Singapore rank for net lending (+) / net borrowing (-)?
- Singapore ranks 15th out of 156 countries with data for 2024.
- Is net lending (+) / net borrowing (-) rising or falling in Singapore?
- Over the last ten years it is down 6.9%. The long-run trend across the full record is volatile.
- Where does this Singapore data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net lending (+) / net borrowing (-) (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.