Singapore recorded a Government Budget deficit equal to 0.30 percent of the country's Gross Domestic Product in 2022, according to estimates from the finance minister. source: Monetary Authority of Singapore

Government Budget in Singapore averaged 6.32 percent of GDP from 1990 until 2022, reaching an all time high of 21.23 percent of GDP in 1994 and a record low of -10.80 percent of GDP in 2020. This page provides - Singapore Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Singapore Government Budget - values, historical data and charts - was last updated on June of 2023.

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Singapore Government Budget



Related Last Previous Unit Reference
Government Budget -0.30 -0.90 percent of GDP Dec 2022

Singapore Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.
Actual Previous Highest Lowest Dates Unit Frequency
-0.30 -0.90 21.23 -10.80 1990 - 2022 percent of GDP Yearly