Singapore: Government spending, percent of GDP

* indicates monthly or quarterly data series
 Singapore

Government spending as percent of GDP

 Latest value 10.02
 Year 2022
 Measure percent
 Data availability 1960 - 2022
 Average 10.18
 Min - Max 7.53 - 13.39
 Source The World Bank
For that indicator, we provide data for Singapore from 1960 to 2022. The average value for Singapore during that period was 10.18 percent with a minimum of 7.53 percent in 1960 and a maximum of 13.39 percent in 1985. The latest value from 2022 is 10.02 percent. For comparison, the world average in 2022 based on 143 countries is 16.25 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Singapore - Government spending, percent of GDP - Recent values chart

Historical chart
Singapore - Government spending, percent of GDP - historical chart - 1960-2022




The government size of Singapore and other countries is calculated as the total government spending as percent of GDP.
Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.


 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 10.02 2022 percent
 Government spending, in dollars 46.76 2022 billion U.S. dollars
 Fiscal balance, percent of GDP 3.58 2023 percent
 Government debt 162.14 2023 percent
 Government expenditure 16.13 Q3/2023 billion
 Tax revenue 13.12 2021 percent
 Commercial tax rate 21.00 2019 percent
 Tax preparation time 64 2019 hours
 Number of taxes 5 2019 taxes
 Taxes on goods and services 20.82 2021 percent
 Taxes on international trade 0.05 2007 percent
 Income and profits taxes 36.92 2021 percent
 Foreign aid 9.14 2004 million U.S. dollars
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