BONDSTATS
Singapore / Sovereign Intelligence / Funding Architecture
STRUCTURAL DATA ONLINE
1990—2025 · S$ MILLION
BS / SG / SOV-FUND / 1990—2025

Singapore Sovereign
Funding Machine

Trace the purpose behind every major government liability — market development, household savings, CPF-linked funding, reserve transfers and infrastructure finance — across the full official history.

SYSTEM STATE · 2025
98.5%
NON-SPENDING
LIABILITY SHARE
PUBLIC—
NON-PUBLIC—
INFRASTRUCTURE—
2025
Drag to reconstruct the funding system
Government liabilitiesS$1.31tn2025 sovereign funding stock
Non-spending share
Public non-spending share
Non-public funding
Infrastructure share
Singapore funding circuit

2025 sovereign plumbing map

MARKETSAVINGSRESERVESINFRA
LIABILITY ORIGIN→ GOVERNMENT BALANCE SHEET →FINANCIAL PURPOSE

Source: Singapore Department of Statistics / data.gov.sg, “Government Debt By Instrument (As At End Of Calendar Year), Annual”, sourced from the Accountant-General's Department and Monetary Authority of Singapore. Unit: S$ million. Data used under the Singapore Open Data Licence. BondStats derives shares and infrastructure borrowing as total debt less debt issued for non-spending purposes.