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. This page provides - Singapore Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Monetary Authority of Singapore

Government Budget in Singapore is expected to be 3.00 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 2.00 percent of GDP in 2020, according to our econometric models.


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Singapore Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
0.40 0.30 21.23 -1.20 1990 - 2018 percent of GDP Yearly

Singapore Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.

Singapore Government Last Previous Highest Lowest Unit
Government Debt to GDP 112.20 110.60 112.20 67.40 percent [+]
Government Budget 0.40 0.30 21.23 -1.20 percent of GDP [+]
Government Budget Value 1080.00 -328.70 17603.90 -9045.20 SGD Million [+]
Government Spending 12317.20 12393.10 12422.90 833.20 SGD Million [+]
Government Revenues 7861.60 5468.20 24579.90 3193.50 SGD Million [+]
Fiscal Expenditure 6781.60 5796.90 16654.70 2544.20 SGD Million [+]
Credit Rating 100.00 [+]
Military Expenditure 10458.00 10196.00 10458.00 845.00 USD Million [+]
Government Debt 612971.40 570683.40 612971.40 47443.50 SGD Million [+]