World Clock / Singapore / vs India

๐Ÿ‡ธ๐Ÿ‡ฌ Singapore vs ๐Ÿ‡ฎ๐Ÿ‡ณ India

Live side-by-side comparison of government debt. India currently owes about 7.2ร— more โ€” a gap of $3.00 trillion. Updated every second from IMF baselines.

๐Ÿ‡ธ๐Ÿ‡ฌ
Singapore
$480,000,000,000
Debt-to-GDP172%
Per citizen$81,356
Per secondstable
VS
๐Ÿ‡ฎ๐Ÿ‡ณ
India
$3,479,385,707,882
Debt-to-GDP82%
Per citizen$2,415
Per second+$7,200
In nominal terms, India carries the larger government debt โ€” roughly 7.2ร— that of Singapore, a difference of $3.00 trillion. Note that debt-to-GDP (Singapore: 172%, India: 82%) is the better measure of sustainability than the raw total.

Analysis

By total government debt, Singapore ranks 21st-largest and India ranks 8th-largest among the 137 sovereigns tracked on this site.

On a per-citizen basis the picture can look different from the nominal totals: a resident's notional share of the national debt in Singapore is roughly 33.7× that in India ($81,356 vs $2,415 per person).

The debt-to-GDP picture is asymmetric here: Singapore sits at 172% of GDP, well above India's 82%, meaning Singapore owes far more relative to the size of its own economy — even where the nominal, dollar-for-dollar comparison above suggests otherwise.

The gap between them is widening: India's debt is growing faster in dollar terms ($7K/sec vs $0/sec for Singapore), adding roughly $622,080,000 to the difference each day.

Scale is part of the story too: India's population (1.44B) is about 244.2× Singapore's (6M), which is part of why the nominal and per-capita comparisons above can point in different directions — a government's debt load scales loosely with the size of both its economy and its population, not either alone.

Singapore and India are both grouped under this site's “Asia-Pacific” region, so this is, in effect, an intra-regional comparison as well.

This analysis is generated automatically from live data as an educational orientation, not financial advice — see the methodology page for definitions and caveats.

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Source: Global Debt Clock, based on the IMF World Economic Outlook (April 2026, general government gross debt) and World Bank IDS.
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