Singapore recorded a government budget surplus of 2224.80 SGD Million in August of 2021. source: Statistics Singapore

Government Budget Value in Singapore averaged 594.65 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 October 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. 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

Singapore Last Unit Reference Previous Highest Lowest
Government Budget Value 2224.80 SGD Million Aug/21 -614.90 17603.90 -19607.20
Government Spending 14540.10 SGD Million Jun/21 14013.40 14540.10 833.20
Government Revenues 9466.20 SGD Million Aug/21 7902.60 24579.90 1664.60
Fiscal Expenditure 7241.40 SGD Million Aug/21 8517.50 26069.40 2544.20
Government Debt 744302.00 SGD Million Jun/21 728756.20 744302.00 47443.50

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.