Government Spending in Singapore decreased to 12317.20 SGD Million in the third quarter of 2019 from 12393.10 SGD Million in the second quarter of 2019.

Government Spending in Singapore averaged 5004.67 SGD Million from 1975 until 2019, reaching an all time high of 12422.90 SGD Million in the first quarter of 2019 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. source: Statistics Singapore

Government Spending in Singapore is expected to be 12464.00 SGD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Singapore to stand at 12440.00 in 12 months time. In the long-term, the Singapore Government Spending is projected to trend around 12892.00 SGD Million in 2020, according to our econometric models.


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Singapore Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
12317.20 12393.10 12422.90 833.20 1975 - 2019 SGD Million Quarterly
Constant Prices, SA

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.

Singapore Government Last Previous Highest Lowest Unit
Government Debt to GDP 112.20 110.60 112.20 67.40 percent [+]
Government Budget 0.40 0.30 21.23 -1.20 percent of GDP [+]
Government Budget Value 1080.00 -328.70 17603.90 -9045.20 SGD Million [+]
Government Spending 12317.20 12393.10 12422.90 833.20 SGD Million [+]
Government Revenues 7861.60 5468.20 24579.90 3193.50 SGD Million [+]
Fiscal Expenditure 6781.60 5796.90 16654.70 2544.20 SGD Million [+]
Credit Rating 100.00 [+]
Military Expenditure 10458.00 10196.00 10458.00 845.00 USD Million [+]
Government Debt 612971.40 570683.40 612971.40 47443.50 SGD Million [+]