Government Spending in Singapore increased to 14540.10 SGD Million in the second quarter of 2021 from 14013.40 SGD Million in the first quarter of 2021. source: Statistics Singapore

Government Spending in Singapore averaged 5326.72 SGD Million from 1975 until 2021, reaching an all time high of 14540.10 SGD Million in the second 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 November of 2021.

Government Spending in Singapore is expected to be 14777.00 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 13000.00 SGD Million in 2022 and 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 -257.60 2224.80 SGD Million Sep/21
Government Spending 14540.10 14013.40 SGD Million Jun/21
Government Revenues 7296.30 9466.20 SGD Million Sep/21
Fiscal Expenditure 7553.90 7241.40 SGD Million Sep/21
Government Debt 764357.90 744302.00 SGD Million Sep/21
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.