Singapore recorded a Government Budget surplus equal to 1.90 percent of the country's Gross Domestic Product in 2025. Government Budget in Singapore averaged 5.82 percent of GDP from 1990 until 2025, reaching an all time high of 21.23 percent of GDP in 1994 and a record low of -10.80 percent of GDP in 2020. source: Monetary Authority of Singapore
Government Budget in Singapore is expected to reach 1.00 percent of GDP by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Singapore Government Budget is projected to trend around 0.50 percent of GDP in 2027 and 0.20 percent of GDP in 2028, according to our econometric models.