Government Spending in Singapore decreased to 10674.70 SGD Million in the third quarter of 2018 from 10691.70 SGD Million in the second quarter of 2018. Government Spending in Singapore averaged 4376.64 SGD Million from 1975 until 2018, reaching an all time high of 11009.30 SGD Million in the first quarter of 2018 and a record low of 733.60 SGD Million in the first quarter of 1975.

Government Spending in Singapore is expected to be 10498.00 SGD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Singapore to stand at 10930.00 in 12 months time. In the long-term, the Singapore Government Spending is projected to trend around 11030.00 SGD Million in 2020, according to our econometric models.

Singapore Government Spending
Forecast Data Chart
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Singapore Government Last Previous Highest Lowest Unit
Government Debt to GDP 110.60 111.50 111.50 67.40 percent [+]
Government Budget 0.30 -1.20 21.23 -1.20 percent of GDP [+]
Government Budget Value 534.00 -60.60 10861.00 -8694.90 SGD Million [+]
Government Spending 10674.70 10691.70 11009.30 733.60 SGD Million [+]
Government Revenues 6967.70 5423.20 15353.80 3193.50 SGD Million [+]
Fiscal Expenditure 6433.70 5483.80 16413.00 2544.20 SGD Million [+]
Credit Rating 97.96 [+]
Military Expenditure 10122.00 9881.50 10122.00 841.10 USD Million [+]
Government Debt 535829.00 527981.20 535829.00 47443.50 SGD Million [+]

Singapore Government Spending

Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Singapore Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Singapore Government Spending - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
10674.70 10691.70 11009.30 733.60 1975 - 2018 SGD Million Quarterly
Constant Prices, SA

Country Last Previous
Argentina 95670.00 Sep/18
Australia 87057.00 Sep/18
Brazil 115583.12 Nov/18
Canada 417220.00 Sep/18
China 203330.00 Dec/17
Euro Area 542.69 Sep/18
France 136072.00 Sep/18
Germany 142.29 Sep/18
India 4216.64 Sep/18
Indonesia 205839.31 Sep/18
Italy 78350.00 Sep/18
Japan 107015.20 Sep/18
Mexico 2120744.19 Sep/18
Netherlands 44573.00 Sep/18
Russia 3930.20 Sep/18
Saudi Arabia 156928.00 Sep/18
Singapore 10674.70 Sep/18
South Africa 643704.00 Sep/18
South Korea 60505.20 Sep/18
Spain 55858.00 Sep/18
Switzerland 19864.58 Sep/18
Turkey 58201812.20 Sep/18
United Kingdom 91629.00 Sep/18
United States 3192.01 Sep/18