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Singapore Dependency Ratio

Age dependency ratio (% of working-age population)  SP.POP.DPND

Singapore's dependency ratio was 34.58 in 2025, ranked 209th globally. This represents a 1.9% increase from 2024. Data from World Bank, covering 1960–2025.

34.58 +0.63 (+1.9%)
Year 2025 Rank #209 Global Peak 89.58 (1961) Source World Bank

Singapore Dependency Ratio (1960–2025)

Overview

Singapore's dependency ratio stood at 34.58 in 2025, a rise of +0.63 from 2024. Based on recent trends, this figure is projected to reach 34.58 by 2025. Singapore ranked 209th globally.

Singapore's dependency ratio has exhibited significant fluctuations over the past 66 years. The country's all-time peak of 89.58 in 1961 indicates a period of high dependency, while the trough of 26.87 in 2012 marks a substantial decline. Since then, the ratio has been trending upwards, reaching 34.58 in 2025. This rate is comparable to that of Saudi Arabia, which ranked 14th globally with a ratio of 35.77. The country's aging population and low fertility rate are key drivers of the increasing dependency ratio. A decline in the labor force participation rate and an increase in the proportion of elderly citizens are expected to continue this trend. However, a significant influx of immigrants or a reversal in fertility rates could potentially alter the trajectory of Singapore's dependency ratio, necessitating a shift in the country's demographic management strategies.

Data & projection

Year Dependency Ratio YoY change Rank
2027* trend 35.85 - -
2026* trend 35.22 - -
2025* trend 34.58 - -
2025 34.58 +0.63 #209
2024 33.94 +0.82 #8
2023 33.13 +0.33 #8
2022 32.80 +0.47 #7
2021 32.32 +1.16 #6
2020 31.16 +0.98 #4
2019 30.19 +0.63 #4
2018 29.56 +0.71 #4
2017 28.85 +0.69 #3
2016 28.15 +0.47 #3
2015 27.68 +0.37 #3
2014 27.31 +0.29 #4
2013 27.02 +0.15 #4
2012 26.87 −0.08 #4
2011 26.95 −0.39 #4
Show all years (1960-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +14.9% GDP growth 9.8% C/A balance 19.8%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Singapore matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw dependency ratio improve within 24 months. View full analysis →

Frequently Asked Questions

What is Singapore's dependency ratio?▾

Singapore's dependency ratio was 34.58 in 2025. Ranked 209th globally. This represents a 1.9% increase from the previous year.

What was the highest dependency ratio in Singapore?▾

Singapore's dependency ratio peaked at 89.58 in 1961.

What was the lowest dependency ratio in Singapore?▾

The lowest dependency ratio in Singapore was 26.87 in 2012.

How does Singapore rank in dependency ratio?▾

Singapore ranks 209th globally in dependency ratio as of 2025.

What is the World Bank indicator code for dependency ratio?▾

The World Bank indicator code is SP.POP.DPND. Data sourced from World Bank.

What is the projected dependency ratio of Singapore in 2025?▾

Singapore's dependency ratio is projected to reach 34.58 by 2025 based on trend extrapolation.

What is the dependency ratio of Singapore in 2025?▾

The dependency ratio of Singapore in 2025 was 34.58. This ranks 209th in the world.

Cite this page

APA
Singapore Dependency Ratio. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/singapore/dependency-ratio/
BibTeX
@misc{historysaid_singapore_dependency-ratio, title = {Singapore Dependency Ratio}, url = {https://historysaid.com/singapore/dependency-ratio/}, publisher = {HistorySaid}, year = {2026} }
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