Government Spending in Singapore decreased to 10663 SGD Million in the second quarter of 2018 from 11135.30 SGD Million in the first quarter of 2018. Government Spending in Singapore averaged 4341 SGD Million from 1975 until 2018, reaching an all time high of 11135.30 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 10499.00 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 10698.00 in 12 months time. In the long-term, the Singapore Government Spending is projected to trend around 10944.00 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 1826.60 2161.70 10861.00 -8694.90 SGD Million [+]
Government Spending 10663.00 11135.30 11135.30 733.60 SGD Million [+]
Government Revenues 6236.40 9228.30 15353.80 3193.50 SGD Million [+]
Fiscal Expenditure 4409.80 7066.60 16413.00 2544.20 SGD Million [+]
Credit Rating 97.96 [+]
Military Expenditure 10122.00 9881.50 10122.00 841.10 USD Million [+]
Government Debt 527981.20 517091.70 527981.20 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 November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
10663.00 11135.30 11135.30 733.60 1975 - 2018 SGD Million Quarterly
Constant Prices, SA

Country Last
Argentina 97236.00 Jun/18
Australia 85568.00 Jun/18
Brazil 119639.00 Sep/18
Canada 366209.00 Jun/18
China 203330.00 Dec/17
Euro Area 541.83 Jun/18
France 135951.00 Sep/18
Germany 141.98 Jun/18
India 3972.15 Jun/18
Indonesia 205839.31 Sep/18
Italy 78678.70 Jun/18
Japan 107015.20 Sep/18
Mexico 2196413.00 Jun/18
Netherlands 44573.00 Sep/18
Russia 3972.90 Jun/18
Saudi Arabia 183426.00 Jun/18
Singapore 10663.00 Jun/18
South Africa 639964.00 Jun/18
South Korea 60585.40 Sep/18
Spain 56107.00 Sep/18
Switzerland 19857.94 Jun/18
Turkey 58800570.50 Jun/18
United Kingdom 92514.00 Sep/18
United States 3197.46 Sep/18