Singapore recorded a government budget deficit of 2211.70 SGD Million in December of 2018. Government Budget Value in Singapore averaged 968.56 SGD Million from 2011 until 2018, reaching an all time high of 10861 SGD Million in January of 2018 and a record low of -8694.90 SGD Million in March of 2016.
Government Budget Value in Singapore is expected to be 1630.00 SGD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Singapore to stand at 1400.00 in 12 months time. In the long-term, the Singapore Government Budget Value is projected to trend around 1800.00 SGD Million in 2020, according to our econometric models.