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.
Net lending (+) / net borrowing (-) in Singapore, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 451.00 million current LCU | — |
| 1973 | 696.00 million current LCU | +54.3% |
| 1974 | 813.00 million current LCU | +16.8% |
| 1975 | 990.00 million current LCU | +21.8% |
| 1976 | 604.00 million current LCU | -39.0% |
| 1977 | 700.00 million current LCU | +15.9% |
| 1978 | 756.00 million current LCU | +8.0% |
| 1979 | 1.16 billion current LCU | +52.8% |
| 1980 | 1.59 billion current LCU | +37.9% |
| 1981 | 1.86 billion current LCU | +16.9% |
| 1982 | 3.12 billion current LCU | +67.7% |
| 1983 | 3.44 billion current LCU | +10.2% |
| 1984 | 1.22 billion current LCU | -64.5% |
| 1985 | 4.18 billion current LCU | +242.1% |
| 1986 | 3.53 billion current LCU | -15.5% |
| 1987 | -1.47 billion current LCU | -141.5% |
| 1988 | 2.72 billion current LCU | -285.3% |
| 1989 | 4.15 billion current LCU | +52.8% |
| 1990 | 7.41 billion current LCU | +78.5% |
| 1991 | 7.27 billion current LCU | -2.0% |
| 1992 | 10.76 billion current LCU | +48.0% |
| 1993 | 17.23 billion current LCU | +60.2% |
| 1994 | 22.92 billion current LCU | +33.0% |
| 1995 | 23.68 billion current LCU | +3.3% |
| 1996 | 22.21 billion current LCU | -6.2% |
| 1997 | 30.08 billion current LCU | +35.4% |
| 1998 | 15.59 billion current LCU | -48.2% |
| 1999 | 17.75 billion current LCU | +13.9% |
| 2000 | 18.28 billion current LCU | +3.0% |
| 2001 | 8.83 billion current LCU | -51.7% |
| 2002 | 7.55 billion current LCU | -14.5% |
| 2003 | 4.96 billion current LCU | -34.2% |
| 2004 | 7.51 billion current LCU | +51.3% |
| 2005 | 13.55 billion current LCU | +80.3% |
| 2006 | 14.51 billion current LCU | +7.1% |
| 2007 | 30.31 billion current LCU | +108.8% |
| 2008 | 20.90 billion current LCU | -31.0% |
| 2009 | 4.42 billion current LCU | -78.8% |
| 2010 | 24.41 billion current LCU | +452.0% |
| 2011 | 31.89 billion current LCU | +30.7% |
| 2012 | 31.18 billion current LCU | -2.2% |
| 2013 | 31.01 billion current LCU | -0.6% |
| 2014 | 28.33 billion current LCU | -8.6% |
| 2015 | 17.78 billion current LCU | -37.3% |
| 2016 | 22.21 billion current LCU | +24.9% |
| 2017 | 35.87 billion current LCU | +61.5% |
| 2018 | 24.28 billion current LCU | -32.3% |
| 2019 | 38.12 billion current LCU | +57.0% |
| 2020 | -35.51 billion current LCU | -193.1% |
| 2021 | 9.77 billion current LCU | -127.5% |
| 2022 | 10.61 billion current LCU | +8.6% |
| 2024 | 26.36 billion current LCU | +148.6% |
Singapore compared with similar countries
- Singapore's 26.36 billion current LCU is above the median for high income countries, which is -2.76 billion current LCU. (57 countries reporting)
- Singapore's 26.36 billion current LCU is above the median for East Asia & Pacific, which is -24.64 million current LCU. (25 countries reporting)
Biggest year-on-year movements
Years where Net lending (+) / net borrowing (-) in Singapore changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2010 | +452.0% | 4.42 billion current LCU | 24.41 billion current LCU |
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
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Democracy 3 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
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.
Download this data
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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.