Interest payments in Singapore
Singapore: Interest payments was 642.91 million current LCU in 2024. ◆ Volatile
Interest payments 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 interest payments in Singapore is 642.91 million current LCU, measured in 2024.
Compared with earlier readings it is up 24.4% on the previous year and up 71,334.3% over ten years.
Over the whole period, interest payments in Singapore peaked at 3.80 billion current LCU in 1987 and was at its lowest, 591,000 current LCU, in 2018.
That places Singapore 127th out of 155 countries with data for 2024, putting it in the bottom quarter.
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 | 320.12 million current LCU | 100.00 million current LCU | 636.00 million current LCU | 8 |
| 1980s | 1.51 billion current LCU | 740.00 million current LCU | 3.80 billion current LCU | 10 |
| 1990s | 1.42 billion current LCU | 838.00 million current LCU | 2.63 billion current LCU | 10 |
| 2000s | 261.37 million current LCU | 33.00 million current LCU | 531.00 million current LCU | 10 |
| 2010s | 47.13 million current LCU | 591,000 current LCU | 448.45 million current LCU | 10 |
| 2020s | 482.81 million current LCU | 349.76 million current LCU | 642.91 million current LCU | 5 |
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 interest payments in Singapore?
- Interest payments in Singapore was 642.91 million current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Singapore?
- The highest recorded value was 3.80 billion current LCU in 1987.
- What is the lowest interest payments recorded in Singapore?
- The lowest recorded value was 591,000 current LCU in 2018.
- How does Singapore rank for interest payments?
- Singapore ranks 127th out of 155 countries with data for 2024.
- Is interest payments rising or falling in Singapore?
- Over the last ten years it is up 71,334.3%. 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 Interest payments (current LCU). Statizoid updates them automatically from the source API.
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About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. 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.