Fiscal Situation of General Government: Gross Debt Position for Singapore
SGPGGXWDGG01GDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
116.50
Year-over-Year Change
9.02%
Date Range
1/1/2016 - 1/1/2024
Summary
The Fiscal Situation of General Government: Gross Debt Position for Singapore is a key economic indicator that tracks the total outstanding debt of the Singaporean government and its public sector entities.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This metric provides insight into Singapore's fiscal health and ability to service its debt obligations. It is closely monitored by policymakers, investors, and international financial institutions to assess the government's financial stability and creditworthiness.
Methodology
The data is collected and reported by the Monetary Authority of Singapore (MAS).
Historical Context
The gross debt position is used to evaluate Singapore's fiscal policy and inform decisions about government spending, taxation, and debt management.
Key Facts
- Singapore's gross debt position was 138.1% of GDP in 2021.
- The government's debt is primarily issued to finance infrastructure projects and investment funds.
- Singapore has one of the highest government debt-to-GDP ratios among advanced economies.
FAQs
Q: What does this economic trend measure?
A: The Fiscal Situation of General Government: Gross Debt Position for Singapore measures the total outstanding debt of the Singaporean government and its public sector entities.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Singapore's fiscal health and ability to service its debt obligations, which is crucial for assessing the government's financial stability and creditworthiness.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Monetary Authority of Singapore (MAS).
Q: How is this trend used in economic policy?
A: The gross debt position is used to evaluate Singapore's fiscal policy and inform decisions about government spending, taxation, and debt management.
Q: Are there update delays or limitations?
A: The data is reported quarterly with minimal delays, providing timely information on Singapore's fiscal situation.
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Citation
U.S. Federal Reserve, Fiscal Situation of General Government: Gross Debt Position for Singapore (SGPGGXWDGG01GDPPT), retrieved from FRED.