Government Spending in Singapore increased to 10699.80 SGD Million in the fourth quarter of 2018 from 10674.70 SGD Million in the third quarter of 2018. Government Spending in Singapore averaged 4412.56 SGD Million from 1975 until 2018, reaching an all time high of 11009.30 SGD Million in the first quarter of 2018 and a record low of 733.60 SGD Million in the first quarter of 1975.

Government Spending in Singapore is expected to be 11329.00 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 10952.00 in 12 months time. In the long-term, the Singapore Government Spending is projected to trend around 11484.00 SGD Million in 2020, according to our econometric models.

Singapore Government Spending
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 0.40 0.30 21.23 -1.20 percent of GDP [+]
Government Budget Value 830.00 657.90 10861.00 -8694.90 SGD Million [+]
Government Spending 10699.80 10674.70 11009.30 733.60 SGD Million [+]
Government Revenues 7828.20 8185.20 15353.80 3193.50 SGD Million [+]
Fiscal Expenditure 6998.20 7527.30 16413.00 2544.20 SGD Million [+]
Credit Rating 97.96 [+]
Military Expenditure 10122.00 9881.50 10122.00 841.10 USD Million [+]
Government Debt 546699.50 535829.00 546699.50 47443.50 SGD Million [+]

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. This page provides - Singapore Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Singapore Government Spending - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
10699.80 10674.70 11009.30 733.60 1975 - 2018 SGD Million Quarterly
Constant Prices, SA

Country Last Previous
Argentina 100173.00 Dec/18
Australia 89290.00 Dec/18
Brazil 103641.04 Feb/19
Canada 417805.00 Dec/18
China 220906.00 Dec/18
Euro Area 545.63 Dec/18
France 136594.00 Dec/18
Germany 143.97 Dec/18
India 3410.32 Dec/18
Indonesia 283404.39 Dec/18
Italy 78024.10 Dec/18
Japan 107892.20 Dec/18
Mexico 2193603.00 Dec/18
Netherlands 44944.00 Dec/18
Russia 4067.40 Dec/18
Saudi Arabia 195776.00 Dec/18
Singapore 10699.80 Dec/18
South Africa 643445.00 Dec/18
South Korea 62355.80 Dec/18
Spain 56511.00 Dec/18
Switzerland 19877.18 Dec/18
Turkey 69495065.30 Dec/18
United Kingdom 92768.00 Dec/18
United States 3188.70 Dec/18