Singapore recorded a government budget deficit of 19607.20 SGD Million in March of 2021. source: Statistics Singapore

Government Budget Value in Singapore averaged 563.80 SGD Million from 2011 until 2021, reaching an all time high of 17603.90 SGD Million in May of 2019 and a record low of -19607.20 SGD Million in March of 2021. This page provides - Singapore Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Singapore Government Budget Value - values, historical data and charts - was last updated on May of 2021.

Government Budget Value in Singapore is expected to be 1800.00 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 1800.00 in 12 months time. In the long-term, the Singapore Government Budget Value is projected to trend around 1800.00 SGD Million in 2022, according to our econometric models.

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Singapore Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-19607.20 2436.50 17603.90 -19607.20 2011 - 2021 SGD Million Monthly
Current Prices, NSA

Singapore Government Last Previous Highest Lowest Unit
Government Debt to GDP 131.00 126.30 131.00 67.40 percent [+]
Government Budget -13.90 -0.30 21.23 -13.90 percent of GDP [+]
Government Budget Value -19607.20 2436.50 17603.90 -19607.20 SGD Million [+]
Government Spending 14068.80 14156.20 14291.70 833.20 SGD Million [+]
Government Revenues 6462.20 9690.10 24579.90 1664.60 SGD Million [+]
Fiscal Expenditure 26069.40 7253.60 26069.40 2544.20 SGD Million [+]
Government Debt 704721.40 690148.70 704721.40 47443.50 SGD Million [+]
Credit Rating 100.00 [+]
Military Expenditure 11262.00 10835.00 11262.00 871.00 USD 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.