Singapore recorded a government budget deficit of 7831.50 SGD Million in May of 2020.

Government Budget Value in Singapore averaged 866.64 SGD Million from 2011 until 2020, reaching an all time high of 17603.90 SGD Million in May of 2019 and a record low of -9045.20 SGD Million in March of 2019. This page provides - Singapore Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Singapore Government Budget Value - values, historical data and charts - was last updated on August of 2020. source: Statistics Singapore

Government Budget Value in Singapore is expected to be 1500.00 SGD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Singapore to stand at 1800.00 in 12 months time. In the long-term, the Singapore Government Budget Value is projected to trend around 1800.00 SGD Million in 2021, according to our econometric models.

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Singapore Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-7831.50 -4996.70 17603.90 -9045.20 2011 - 2020 SGD Million Monthly
Current Prices, NSA

Singapore Government Last Previous Highest Lowest Unit
Government Debt to GDP 126.30 112.20 126.30 67.40 percent [+]
Government Budget -0.30 0.40 21.23 -1.20 percent of GDP [+]
Government Budget Value -7831.50 -4996.70 17603.90 -9045.20 SGD Million [+]
Government Spending 13053.30 12534.30 13053.30 833.20 SGD Million [+]
Government Revenues 4523.00 1664.60 24579.90 1664.60 SGD Million [+]
Fiscal Expenditure 12354.50 6661.30 16654.70 2544.20 SGD Million [+]
Credit Rating 100.00 [+]
Military Expenditure 10458.00 10196.00 10458.00 845.00 USD Million [+]
Government Debt 656258.00 641094.30 656258.00 47443.50 SGD Million [+]


Singapore Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.