Government Spending in Singapore increased to 14697.10 SGD Million in the fourth quarter of 2021 from 14631.30 SGD Million in the third quarter of 2021. source: Statistics Singapore

Government Spending in Singapore averaged 5426.05 SGD Million from 1975 until 2021, reaching an all time high of 14697.10 SGD Million in the fourth quarter of 2021 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. Singapore Government Spending - values, historical data and charts - was last updated on May of 2022.

Government Spending in Singapore is expected to be 12400.00 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 Spending is projected to trend around 13500.00 SGD Million in 2023, according to our econometric models.

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Singapore Government Spending

Related Last Previous Unit Reference
Government Budget Value 4871.80 33.60 SGD Million Feb 2022
Government Spending 14697.10 14631.30 SGD Million Dec 2021
Government Revenues 11214.70 8087.30 SGD Million Feb 2022
Fiscal Expenditure 6342.90 8053.70 SGD Million Feb 2022
Government Debt 777957.70 764357.90 SGD Million Dec 2021

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.
Actual Previous Highest Lowest Dates Unit Frequency
14697.10 14631.30 14697.10 833.20 1975 - 2021 SGD Million Quarterly
Constant Prices 2015, SA