Government Spending in Singapore decreased to 13988.30 SGD Million in the first quarter of 2022 from 14697.10 SGD Million in the fourth quarter of 2021. source: Statistics Singapore

Government Spending in Singapore averaged 5471.36 SGD Million from 1975 until 2022, reaching an all time high of 14697.10 SGD Million in the fourth quarter of 2021 and a record low of 833.20 SGD Million in the first quarter of 1975. This page provides - Singapore Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Singapore Government Spending - values, historical data and charts - was last updated on July of 2022.

Government Spending in Singapore is expected to be 12000.00 SGD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Singapore Government Spending is projected to trend around 13500.00 SGD Million in 2023, according to our econometric models.

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Singapore Government Spending

Related Last Previous Unit Reference
Government Budget Value -158.40 -12012.70 SGD Million Apr 2022
Government Spending 13988.30 14697.10 SGD Million Mar 2022
Government Revenues 4746.10 6344.60 SGD Million Apr 2022
Fiscal Expenditure 4904.50 18357.30 SGD Million Apr 2022
Government Debt 874110.60 777957.70 SGD Million Mar 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
13988.30 14697.10 14697.10 833.20 1975 - 2022 SGD Million Quarterly
Constant Prices 2015, SA