Net incurrence of liabilities, total in Singapore
Singapore: Net incurrence of liabilities, total was 66.75 billion current LCU in 2024. ◆ Volatile
Net incurrence of liabilities, total 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 incurrence of liabilities, total in Singapore is 66.75 billion current LCU, measured in 2024.
The figure is down 24.0% on the previous year and up 355.6% over ten years.
Over the whole period, net incurrence of liabilities, total in Singapore peaked at 94.17 billion current LCU in 2019 and was at its lowest, -14.90 billion current LCU, in 2013.
Singapore ranks 63rd of 136 countries on this measure, in the middle of the range.
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 | 1.33 billion current LCU | 531.00 million current LCU | 1.88 billion current LCU | 8 |
| 1980s | 3.55 billion current LCU | 1.52 billion current LCU | 5.50 billion current LCU | 10 |
| 1990s | 10.78 billion current LCU | 3.15 billion current LCU | 26.09 billion current LCU | 10 |
| 2000s | 17.44 billion current LCU | 8.96 billion current LCU | 36.28 billion current LCU | 10 |
| 2010s | 35.68 billion current LCU | -14.90 billion current LCU | 94.17 billion current LCU | 10 |
| 2020s | 62.50 billion current LCU | 14.50 billion current LCU | 87.81 billion current LCU | 5 |
Countries ranked near Singapore
More public sector data for Singapore
- Arms imports 348.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 57.65 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0006 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -27.95 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 348.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 2,495 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0263 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 6.2 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 15.06 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 672,702 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is net incurrence of liabilities, total in Singapore?
- Net incurrence of liabilities, total in Singapore was 66.75 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Singapore?
- The highest recorded value was 94.17 billion current LCU in 2019.
- What is the lowest net incurrence of liabilities, total recorded in Singapore?
- The lowest recorded value was -14.90 billion current LCU in 2013.
- How does Singapore rank for net incurrence of liabilities, total?
- Singapore ranks 63rd out of 136 countries with data for 2024.
- Is net incurrence of liabilities, total rising or falling in Singapore?
- Over the last ten years it is up 355.6%. 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 incurrence of liabilities, total (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. 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.