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Singapore Government Budget: Revenues and Spending

Singapore Government Budget Data

Indicator Data Period
Government Budget Value 4097 SGD Million | 3.006 B USD Aug/23
Government Spending 13540 SGD Million | 9.935 B USD 2Q/23
Government Revenues 13054 SGD Million | 9.578 B USD Aug/23
Government Budget to GDP -0.3 % 2022


Latest data on Government Budget Value (SGD Million)

Government Budget Value
                     Singapore - Historical Data (SGD Million)

How much is Singapore Government Budget?

  • The surplus of government budget in Singapore increased to 4097 SGD Million (3.006 B USD) in August 2023. The maximum surplus was 17604 SGD Million and deficit was -19607 SGD Million.
  • Data published Monthly by Statistics.

Historical Data (SGD Million) by years

Data
Period
Date
4097 Aug/23 30.09.2023
1404 Jul/23 06.09.2023
2807 Jun/23 03.08.2023
6846 May/23 03.07.2023
2363 Apr/23 31.05.2023
-23855 Mar/23 29.04.2023
3782 Feb/23 01.04.2023
2589 Jan/23 04.03.2023


Historical Chart by presidents (SGD Million)

Government Budget Value in Singapore by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Halimah Yacob 14.09.2017 - 1382.7000 1356.3000 10861.0000 -4753.7000 -1.91%
Tony Tan 01.09.2011 - 31.08.2017 1077.2000 1382.7000 4296.3000 -8694.9000 28.36%
S. R. Nathan 01.09.1999 - 01.09.2011 5198.5000 2294.1000 5198.5000 -5766.7000 -55.87%


Latest data on Government Spending (SGD Million)

Government Spending
                     Singapore - Historical Data (SGD Million)

What is current Singapore Government Spending?

  • Government Spending in Singapore decreased to 13540 SGD Million (9.935 B USD) in the second quarter of 2023. The maximum volume was 14292 SGD Million and minimum was 833 SGD Million
  • Data published Quarterly by Statistics.

Historical Data (SGD Million) by years

Data
Period
Date
13540 2Q/23 12.08.2023
14665 1Q/23 26.05.2023
14206 4Q/22 18.02.2023
14223 3Q/22 26.11.2022
14349 2Q/22 13.08.2022
13988 1Q/22 28.05.2022
14697 4Q/21 19.02.2022
14631 3Q/21 18.01.2022


Historical Chart by presidents (SGD Million)

Government Spending in Singapore by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Halimah Yacob 14.09.2017 - 10503.2000 11135.3000 11135.3000 10292.3000 6.02%
Tony Tan 01.09.2011 - 31.08.2017 8278.6000 10778.2000 10778.2000 7582.6000 30.19%
S. R. Nathan 01.09.1999 - 01.09.2011 4025.3000 7912.5000 8739.5000 4025.3000 96.57%
Ong Teng Cheong 01.09.1993 - 01.09.1999 2752.2000 3961.1000 4647.5000 2421.0000 43.92%


Latest data on Government Revenues (SGD Million)

Government Revenues
                     Singapore - Historical Data (SGD Million)

How much is Singapore Government Revenue?

  • Government Revenues in Singapore increased to 13054 SGD Million (9.578 B USD) in August 2023. The maximum volume was 24580 SGD Million and minimum was 1665 SGD Million
  • Data published Monthly by Statistics.

Historical Data (SGD Million) by years

Data
Period
Date
13054 Aug/23 30.09.2023
8349 Jul/23 06.09.2023
9585 Jun/23 03.08.2023
15434 May/23 03.07.2023
5952 Apr/23 31.05.2023
7910 Mar/23 29.04.2023
10724 Feb/23 01.04.2023
8628 Jan/23 04.03.2023


Historical Chart by presidents (SGD Million)

Government Revenues in Singapore by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Halimah Yacob 14.09.2017 - 4666.5000 4666.5000 4666.5000 4666.5000 0.00%


Latest data on Government Budget to GDP (%)

Government Budget to GDP
                     Singapore - Historical Data (%)

What is the deficit of Singapore Government Budget?

  • The deficit of Current Account to GDP in Singapore increased to 0.3 % in 2022. The maximum surplus was 21.23 % and deficit was -13.9 %.
  • Data published Yearly by Monetary Authority.

Historical Data (%) by years

Data
Period
Date
-0.3 2022 14.02.2023
-0.9 2021 14.11.2022
-13.9 2020 16.02.2021
-0.3 2019 18.02.2020
0.4 2018 04.07.2019


Historical Chart by presidents (%)

Government Budget to GDP in Singapore by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Other budget indicators in Singapore

Index Updated Actual Previous
Government Debt to GDP 2022 168 % 160
Fiscal Expenditure  Aug/23 6.571 B USD 5.095
Military Expenditure 2022 11.688 B USD 11.055

Government Budget to GDP in other countries

Country Updated Actual Previous
Bangladesh 2022 5.06 % -6.23
Jordan 2022 -4.6 % -5.4
Kyrgyzstan 2022 -1.1 % -0.2
Mongolia 2022 -1.9 % -6.8
Nepal 2022 -5.4 % -6.1
Palestine 2022 3.6 % 1.9
Tajikistan 2022 0.3 % 0.2
Cambodia 2021 -7.3 % -3.7
China 2022 -7.4 % -6.1
Georgia 2022 -3 % -6
India 2022 -6.44 % -6.72
Israel 2022 0.6 % -4.4
Pakistan 2022 -7.9 % -6.1
South Korea 2022 -7 % -5.2
Taiwan 2021 -0.5 % -2.9
Vietnam 2021 -3.41 % -3.2
Maldives 2022 -14.3 % -13.8
Armenia 2022 -2.5 % -4.6
Hong Kong 2022 -5 % -3.6
Indonesia 2022 -2.38 % -4.65
Japan 2022 -6.4 % -5.1
Kazakhstan 2022 -2.3 % -5
Lebanon 2020 -3.5 % -10.4
Malaysia 2022 -5.6 % -6.4
Philippines 2022 -7.3 % -8.6
Qatar 2022 0 % 0.2
Singapore 2022 -0.3 % -0.9
Sri Lanka 2022 -10.2 % -11.7
Thailand 2022 -4.9 % -9.1
Oman 2022 2.6 % -3.6
Iran 2022 -4 % -4.2
Laos 2022 -0.3 % -1.3
Azerbaijan 2022 -1 % -1.1
Kuwait 2022 11.6 % 2.3
Saudi Arabia 2022 2.5 % -2.3
Bahrain 2022 -5.6 % -11.6
United Arab Emirates 2021 0.8 % -4.9
Yemen 2018 -4.4 % -4.8
Turkmenistan 2022 1 % -0.3
Uzbekistan 2022 -4 % -6
Iraq 2022 6.4 % -0.4
Syria 2012 -11.4 % -1.14
Afghanistan 2021 -4.5 % -3.4
Bhutan 2022 -7.8 % -6.3
Brunei 2021 -5.4 % -19.6
Mauritius 2021 -5.4 % -5.6