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.

Singapore Government Budget Value
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 -2211.70 534.00 10861.00 -8694.90 SGD Million [+]
Government Spending 10699.80 10674.70 11009.30 733.60 SGD Million [+]
Government Revenues 4621.30 6967.70 15353.80 3193.50 SGD Million [+]
Fiscal Expenditure 6833.00 6433.70 16413.00 2544.20 SGD Million [+]
Credit Rating 97.96 [+]
Military Expenditure 10122.00 9881.50 10122.00 841.10 USD Million [+]
Government Debt 535829.00 527981.20 535829.00 47443.50 SGD Million [+]

Singapore Government Budget Value

The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - Singapore Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Singapore Government Budget Value - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-2211.70 534.00 10861.00 -8694.90 2011 - 2018 SGD Million Monthly
Current Prices, NSA

Country Last Previous
Argentina -135316.20 Dec/18
Australia -292.00 Dec/18
Brazil -68042.00 Dec/18
Canada -2219.00 Nov/18
China -286.50 Nov/18
France -76.05 Dec/18
Germany 36.06 Jun/18
India -7014.57 Dec/18
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Italy 27.41 Dec/18
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Mexico -178960.00 Dec/18
Netherlands 1.50 Dec/18
Russia 282.64 Jan/19
Saudi Arabia -238494.00 Dec/17
Singapore -2211.70 Dec/18
South Africa 17725.00 Dec/18
South Korea 37409.00 Nov/18
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Switzerland 2176.00 Dec/19
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United Kingdom 1596.00 Dec/18
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