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Singapore Government Budget: Revenues and Spending

Singapore Government Budget Data

Indicator Data Period
Government Budget Value 2589 SGD Million | 1.948 B USD Jan/23
Government Spending 14206 SGD Million | 10.688 B USD 4Q/22
Government Revenues 8628 SGD Million | 6.491 B USD Jan/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 deficit of government budget in Singapore increased to 2589 SGD Million (1.948 B USD) in January 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
2589 Jan/23 04.03.2023
-4264 Dec/22 04.02.2023
1862 Nov/22 31.12.2022
-272 Oct/22 03.12.2022
1902 Sep/22 05.11.2022
4280 Aug/22 01.10.2022
-14.3 Jul/22 03.09.2022
618 Jun/22 30.07.2022


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 14206 SGD Million (10.688 B USD) in the forth quarter of 2022. 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
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
14540 2Q/21 14.08.2021
14013 1Q/21 29.05.2021


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 8628 SGD Million (6.491 B USD) in January 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
8628 Jan/23 04.03.2023
5284 Dec/22 04.02.2023
9611 Nov/22 31.12.2022
5720 Oct/22 03.12.2022
8163 Sep/22 05.11.2022
11757 Aug/22 01.10.2022
7959 Jul/22 03.09.2022
8891 Jun/22 30.07.2022


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 2021 160 % 131
Fiscal Expenditure  Jan/23 4.543 B USD 7.183
Military Expenditure 2021 11.115 B USD 9.979

Government Budget to GDP in other countries

Country Updated Actual Previous
Bangladesh 2021 -6.23 % -5.48
Jordan 2021 -5.4 % -7
Kyrgyzstan 2021 -0.2 % 0.5
Mongolia 2021 -6.8 % -11.5
Nepal 2021 -6.3 % -6.8
Palestine 2021 1.9 % -0.7
Tajikistan 2021 0.2 % 0.3
Cambodia 2020 -2.6 % 0.5
China 2022 -7.4 % -6.1
Georgia 2021 -6 % -9.3
India 2021 -6.9 % -9.5
Israel 2022 0.6 % -4.4
Pakistan 2021 -7.1 % -8.1
South Korea 2021 -5.6 % -3.5
Taiwan 2021 -0.5 % -2.9
Vietnam 2021 -3.41 % 4
Maldives 2021 -16.6 % -23.5
Armenia 2021 -4.6 % -5.4
Hong Kong 2021 -3.6 % -12
Indonesia 2022 -2.38 % -4.65
Japan 2021 -5.9 % -9.3
Kazakhstan 2020 -4 % -1.8
Lebanon 2020 -3.5 % -10.4
Malaysia 2021 -6.4 % -6.2
Philippines 2022 -7.3 % -8.6
Qatar 2021 0.24 % -2
Singapore 2022 -0.3 % -0.9
Sri Lanka 2021 -12.2 % -11.1
Thailand 2022 -4.9 % -9.1
Oman 2021 -2.6 % -16
Iran 2021 -3.9 % -9.5
Laos 2021 -1.3 % -5.2
Azerbaijan 2022 -1 % -1.1
Kuwait 2021 -0.5 % -12.8
Saudi Arabia 2021 -2.3 % -11.2
Bahrain 2021 -35 % -13.1
United Arab Emirates 2021 0.8 % -4.9
Yemen 2018 -4.4 % -4.8
Turkmenistan 2021 -0.3 % 0.1
Uzbekistan 2021 -6 % -4.4
Iraq 2021 -0.8 % -12.8
Syria 2012 -11.4 % -1.14
Afghanistan 2021 -4.5 % -3.4
Bhutan 2022 -7.8 % -6.3
Brunei 2020 -19.3 % -5.6
Mauritius 2021 -5 % -5.6