Singapore: Government expenditure
* indicates monthly or quarterly data series
The most recent value is 17.78 billion Singapore Dollar as of Q3 2024, an increase compared to the previous value of 15.16 billion Singapore Dollar. Historically, the average for Singapore from Q1 1975 to Q3 2024 is 5.53 billion Singapore Dollar. The minimum of 0.28 billion Singapore Dollar was recorded in Q2 1975, while the maximum of 23.75 billion Singapore Dollar was reached in Q1 2024.
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* indicates monthly or quarterly data series
- Measure: billion Singapore Dollar
- Source: Department of Statistics Singapore
| Recent values | Singapore: Government expenditure, billion currency units |
|---|---|
| 2024 Q3 | 17.78 |
| 2024 Q2 | 15.16 |
| 2024 Q1 | 23.75 |
| 2023 Q4 | 17.27 |
| 2023 Q3 | 16.13 |
| 2023 Q2 | 13.88 |
| 2023 Q1 | 21.58 |
| 2022 Q4 | 16.69 |
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Definition: Total spending by all levels of government but excluding public enterprises.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Government spending, percent of GDP | 10.23 | 2023 | percent |
| Government spending, in dollars | 51.28 | 2023 | billion U.S. dollars |
| Fiscal balance, percent of GDP | 3.48 | 2023 | percent |
| Government debt | 174.84 | 2023 | percent |
| Government expenditure | 17.78 | Q3/2024 | billion |
| Tax revenue | 12.03 | 2022 | 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 | 20.17 | 2022 | percent |
| Taxes on international trade | 0.05 | 2007 | percent |
| Income and profits taxes | 37.81 | 2022 | percent |
| Foreign aid | 9.14 | 2004 | million U.S. dollars |