Singapore recorded a Government Budget surplus equal to 0.40 percent of the country's Gross Domestic Product in 2018. Government Budget in Singapore averaged 7.62 percent of GDP from 1990 until 2018, reaching an all time high of 21.23 percent of GDP in 1994 and a record low of -1.20 percent of GDP in 2015.
Government Budget in Singapore is expected to be -0.60 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Singapore Government Budget is projected to trend around 0.40 percent of GDP in 2020, according to our econometric models.