Credit to government and state-owned enterprises to GDP in Singapore
Singapore: Credit to government and state-owned enterprises to GDP was 36.5% in 2020. ▲ Rising
Credit to government and state-owned enterprises to GDP in Singapore, 1980–2020
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2020, credit to government and state-owned enterprises to gdp in Singapore stood at 36.5%. That is the highest value across all 41 years on record.
Compared with earlier readings it is up 16.5% on the previous year and up 40.7% over ten years.
Over the whole period, credit to government and state-owned enterprises to gdp in Singapore peaked at 36.5% in 2020 and was at its lowest, 8.5%, in 1981.
That places Singapore 12th out of 178 countries with data for 2020, putting it in the top 10%.
The long-run direction has been consistently rising across the 41 years of available data.
Credit to government and state-owned enterprises to GDP in Singapore, year by year
| Year | % | Change |
|---|---|---|
| 1980 | 8.6% | — |
| 1981 | 8.5% | -0.4% |
| 1982 | 8.7% | +1.7% |
| 1983 | 9.2% | +6.2% |
| 1984 | 9.0% | -2.3% |
| 1985 | 9.8% | +9.4% |
| 1986 | 9.7% | -1.2% |
| 1987 | 11.6% | +19.4% |
| 1988 | 10.1% | -12.7% |
| 1989 | 11.1% | +9.9% |
| 1990 | 11.2% | +0.9% |
| 1991 | 12.4% | +10.6% |
| 1992 | 13.6% | +9.7% |
| 1993 | 13.0% | -4.5% |
| 1994 | 12.1% | -7.5% |
| 1995 | 12.7% | +5.0% |
| 1996 | 12.9% | +2.0% |
| 1997 | 12.7% | -1.7% |
| 1998 | 18.5% | +45.3% |
| 1999 | 21.2% | +14.7% |
| 2000 | 20.4% | -3.8% |
| 2001 | 25.2% | +23.7% |
| 2002 | 25.7% | +2.2% |
| 2003 | 26.8% | +4.1% |
| 2004 | 23.2% | -13.5% |
| 2005 | 20.6% | -11.3% |
| 2006 | 21.5% | +4.5% |
| 2007 | 22.0% | +2.3% |
| 2008 | 24.3% | +10.8% |
| 2009 | 28.8% | +18.3% |
| 2010 | 26.0% | -9.9% |
| 2011 | 26.0% | +0.3% |
| 2012 | 26.7% | +2.6% |
| 2013 | 25.5% | -4.4% |
| 2014 | 27.0% | +5.9% |
| 2015 | 26.6% | -1.6% |
| 2016 | 26.0% | -2.3% |
| 2017 | 26.3% | +1.1% |
| 2018 | 27.4% | +4.2% |
| 2019 | 31.3% | +14.4% |
| 2020 | 36.5% | +16.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 9.6% | 8.5% | 11.6% | 10 |
| 1990s | 14.0% | 11.2% | 21.2% | 10 |
| 2000s | 23.8% | 20.4% | 28.8% | 10 |
| 2010s | 26.9% | 25.5% | 31.3% | 10 |
| 2020s | 36.5% | 36.5% | 36.5% | 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 credit to government and state-owned enterprises to gdp in Singapore?
- Credit to government and state-owned enterprises to gdp in Singapore was 36.5% in 2020, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest credit to government and state-owned enterprises to gdp recorded in Singapore?
- The highest recorded value was 36.5% in 2020.
- What is the lowest credit to government and state-owned enterprises to gdp recorded in Singapore?
- The lowest recorded value was 8.5% in 1981.
- How does Singapore rank for credit to government and state-owned enterprises to gdp?
- Singapore ranks 12th out of 178 countries with data for 2020.
- Is credit to government and state-owned enterprises to gdp rising or falling in Singapore?
- Over the last ten years it is up 40.7%. The long-run trend across the full record is rising.
- Where does this Singapore data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Credit to government and state-owned enterprises to GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 41 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from the electronic version of the IMF’s International Financial Statistics. (IFS line 22A + line 22B + line 22C) / GDP. Local currency GDP is from IFS (line 99B..ZF or, if not available, line 99B.CZF).