World Finance Atlas
187 economies · 2025–26

Singapore

Capital SingaporeCurrency SGDRegion Asia-Pacific
Output · rank 28/187
$562B
People · rank 114/187
6.1M
Land · rank 178/187
1K km²
GDP per person
$92,131
Density
8,603.7 /km²

Government debt

174.9%gross debt, share of GDP
$983Boutstanding, rank 14 of 178
Perimeter
General government
Basis
Gross, not net
Valuation
Nominal
Debt per person
$161,131
Net of assets
not published
Source
IMF World Economic Outlook / Fiscal Monitor
What this number does not tell youThe most misread figure in public finance. Perimeter varies by country — the IMF notes its Fiscal Monitor tables use a narrower perimeter for China than its Article IV estimates, and published figures for Japan range from roughly 200% to 250% depending on perimeter and valuation, both citing the IMF. Debt in a currency the government issues is a fundamentally different instrument from debt it must earn or borrow to service; this ratio does not distinguish them.

Private-sector debt

Households
48.9% of GDP
Non-financial corporations
128.4% of GDP
Total private
177.3% of GDP
Government debt is only one layer. Household and corporate borrowing is where financial fragility often actually sits — and here it totals 177.3% of GDP, larger than the public debt above.

Currency & monetary policy

Currency
SGD
Regime
Crawl-like arrangement
Central bank
Policy rate
Monetary arrangement shown where classified.

House prices

Nominal, year-on-year
+3.9%
Real (inflation-adjusted)
+3.1%
The real figure strips out inflation and is the one that tells you whether housing actually became more expensive.

Payment rails

SystemTypeLive since
MEPS+Large-value RTGS2006
FASTInstant retail2014
PayNowInstant retail2017

Against its region and the world

Where Singapore sits relative to the Asia-Pacific average and the world average.

GDP per person (USD)
This country92,131
Region average8,736
World average14,013
Population density (per km²)
This country8,604
Region average135
World average64
Debt to GDP (%)
This country175
Region average97
World average95

Major banks

Largest institutions headquartered in Singapore, by total assets. Assets, not market value — the two rank very differently.

All banks →
InstitutionHeadquartersTotal assetsvs. national GDP
1DBS GroupSingapore$620B110%
2OCBC BankSingapore$440B78%
3United Overseas BankSingapore$380B68%

All figures

Nominal GDP
$562B
Share of world output
0.49%
Population
6.1M
Share of world population
0.07%
Land area
709 km²
Share of world land
0.00%
GDP per person
$92,131
GDP per km²
$792,665,726
Population density
8,603.7 /km²
Government debt
174.9%
Debt outstanding
$983B

Closest by output in Asia-Pacific

Thailand$546B63.9%
Philippines$508B58.3%
Vietnam$506B34.9%
Malaysia$489B66.8%
Bangladesh$482B40.4%

Nearest neighbours by nominal output within the same region. Third column is debt to GDP.

Where these figures come from

Nominal GDPGross domestic product at current market prices, converted to US dollars at market exchange rates. Not adjusted for purchasing power.
IMF World Economic Outlook
2025 estimate
PopulationTotal resident population, mid-year estimate.
UN World Population Prospects
2025 estimate
Land areaTotal land area, excluding inland water where the source reports it separately.
UN Statistics Division
2024
General government gross debtGross debt of the general government sector as a share of GDP. Gross means government-held financial assets are not netted off.
IMF World Economic Outlook / Fiscal Monitor
2025–26 estimate
Bank total assetsTotal assets for the most recent reporting period: cash, loans, investments, property and equipment.
S&P Global Market Intelligence
2026 ranking
Net government debtGovernment debt net of its financial assets, as a share of GDP.
IMF Fiscal Monitor
2025–26 estimate
Household debtCredit to households and non-profits serving them, as a share of GDP.
BIS credit statistics
2024–25
Corporate debtCredit to non-financial corporations, as a share of GDP.
BIS credit statistics
2024–25
Exchange rate regimeHow the currency is managed: free floating, floating, pegged, currency board, or no separate legal tender.
IMF AREAER
2025
Central bank policy rateThe main policy interest rate set by the central bank.
Central banks / BIS
mid-2026, live
Residential house pricesYear-on-year change in residential property prices, nominal and inflation-adjusted.
BIS / OECD residential property
latest quarter