Claims on central government in Singapore
Singapore: Claims on central government was 2.5% in 2020. ◆ Volatile
Claims on central government in Singapore, 1964–2020
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual growth as % of broad money.
Analysis
Singapore recorded 2.5% for claims on central government in 2020.
That represents a change of up 260.7% on the previous year and up 151.0% over ten years.
Over the whole period, claims on central government in Singapore peaked at 28.0% in 1981 and was at its lowest, -22.2%, in 1982.
That places Singapore 83rd out of 167 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Claims on central government in Singapore, year by year
| Year | annual growth as % of broad money | Change |
|---|---|---|
| 1964 | 1.5% | — |
| 1965 | 6.7% | +330.7% |
| 1966 | -1.7% | -125.4% |
| 1967 | -4.3% | +155.2% |
| 1968 | -4.7% | +7.4% |
| 1969 | -11.8% | +153.1% |
| 1970 | -10.4% | -12.1% |
| 1971 | -13.5% | +30.3% |
| 1972 | -12.2% | -9.2% |
| 1973 | -19.5% | +59.1% |
| 1974 | -10.8% | -44.6% |
| 1975 | -6.1% | -43.9% |
| 1976 | 3.0% | -149.4% |
| 1977 | -5.2% | -273.8% |
| 1978 | -7.1% | +36.6% |
| 1979 | -10.4% | +47.0% |
| 1980 | -3.6% | -65.2% |
| 1981 | 28.0% | -871.9% |
| 1982 | -22.2% | -179.2% |
| 1983 | 14.2% | -164.1% |
| 1984 | 4.8% | -66.6% |
| 1985 | -11.4% | -339.4% |
| 1986 | 5.8% | -151.3% |
| 1987 | 2.7% | -52.9% |
| 1988 | -7.2% | -360.4% |
| 1989 | -14.6% | +104.7% |
| 1990 | -4.9% | -66.8% |
| 1991 | -1.9% | -60.3% |
| 1992 | -5.1% | +165.2% |
| 1993 | -5.9% | +15.6% |
| 1994 | -6.1% | +2.6% |
| 1995 | -8.1% | +32.9% |
| 1996 | -4.6% | -43.3% |
| 1997 | 0.7% | -114.6% |
| 1998 | 6.0% | +798.8% |
| 1999 | 1.9% | -67.8% |
| 2000 | -1.6% | -182.7% |
| 2001 | -4.7% | +193.3% |
| 2002 | -4.0% | -13.4% |
| 2003 | 1.9% | -147.9% |
| 2004 | -2.1% | -205.9% |
| 2005 | -5.7% | +179.1% |
| 2006 | 2.5% | -144.6% |
| 2007 | 3.0% | +16.8% |
| 2008 | -4.9% | -264.6% |
| 2009 | 8.9% | -280.9% |
| 2010 | -4.9% | -155.2% |
| 2011 | -3.0% | -38.3% |
| 2012 | -2.4% | -20.1% |
| 2013 | 3.2% | -232.1% |
| 2014 | 7.9% | +147.0% |
| 2015 | -2.5% | -131.3% |
| 2016 | 7.8% | -415.1% |
| 2017 | 8.4% | +8.1% |
| 2018 | 2.7% | -67.5% |
| 2019 | -1.6% | -156.8% |
| 2020 | 2.5% | -260.7% |
Singapore compared with similar countries
- Singapore's 2.5% is above the median for high income countries, which is 0.4%, 6.3× the median. (41 countries reporting)
- Singapore's 2.5% is above the median for East Asia & Pacific, which is 0.1%, 24.9× the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -2.4% | -11.8% | 6.7% | 6 |
| 1970s | -9.2% | -19.5% | 3.0% | 10 |
| 1980s | -0.3% | -22.2% | 28.0% | 10 |
| 1990s | -2.8% | -8.1% | 6.0% | 10 |
| 2000s | -0.7% | -5.7% | 8.9% | 10 |
| 2010s | 1.6% | -4.9% | 8.4% | 10 |
| 2020s | 2.5% | 2.5% | 2.5% | 1 |
Countries ranked near Singapore
More financial sector data for Singapore
- Reserve position in the IMF, US dollar, annual growth rate 8.93 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0023 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 230.78 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 3.73 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 168.51 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 8.93 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0023 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 230.78 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 3.73 % change on previous year (2025)
Frequently asked questions
- What is claims on central government in Singapore?
- Claims on central government in Singapore was 2.5% in 2020, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest claims on central government recorded in Singapore?
- The highest recorded value was 28.0% in 1981.
- What is the lowest claims on central government recorded in Singapore?
- The lowest recorded value was -22.2% in 1982.
- How does Singapore rank for claims on central government?
- Singapore ranks 83rd out of 167 countries with data for 2020.
- Is claims on central government rising or falling in Singapore?
- Over the last ten years it is up 151.0%. The long-run trend across the full record is volatile.
- Where does this Singapore data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Claims on central government (annual growth as % of broad money). Statizoid updates them automatically from the source API.
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About this data
Claims on central government include loans to central government institutions net of deposits. Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator represents the annual percentage growth in the ratio of claims to broad money.