Singapore Forecast: Government Expenditure

1991 - 2030 | Yearly | SGD bn | International Monetary Fund

Key information about Singapore Forecast: Government Expenditure

  • Singapore Government Expenditure is forecasted to be 99.980 SGD bn in Mar 2025 as reported by International Monetary Fund.
  • It records an increase from the last reported number of 103.472 SGD bn in Mar 2024.
  • Looking ahead, Singapore Government Expenditure is projected to stand at 146.244 SGD bn in Mar 2030.
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: General Government Total Expenditure.

View Singapore's Forecast: Government Expenditure from 1991 to 2030 in the chart:

Singapore Forecast: Government Expenditure

What is Singapore's Forecast: Government Expenditure in 2030?

Singapore Government Expenditure is forecasted to be 99.980 SGD bn in Mar 2025 as reported by International Monetary Fund. See the table below for more data.

Last Previous Min Max Unit Frequency Range
146.244 2030 139.326 2029 10.917 1991 146.244 2030 SGD bn yearly 1991 - 2030

Forecast: Government Expenditure by Country Comparison

country/region Last Frequency Range
Afghanistan (AFA bn) 229.209 2023 yearly 2002 - 2023
Albania (ALL bn) 1,027.504 2029 yearly 1997 - 2029
Algeria (DZD bn) 16,911.079 2029 yearly 1990 - 2029
Andorra (%) 36.271 2028 yearly 2001 - 2028
Angola (AOA bn) 30,579.806 2029 yearly 1996 - 2029
Antigua and Barbuda (XCD bn) 1.469 2029 yearly 1990 - 2029
Argentina (ARS bn) 740,993.414 2029 yearly 1993 - 2029
Armenia (AMD bn) 4,374.501 2029 yearly 2005 - 2029
Aruba (%) 21.292 2028 yearly 1995 - 2028
Australia (AUD bn) 1,268.078 2029 yearly 1988 - 2029
Austria (EUR bn) 308.609 2029 yearly 1988 - 2029
Azerbaijan (AZN bn) 46.605 2029 yearly 1994 - 2029
Bahamas (BSD bn) 3.693 2029 yearly 1990 - 2029
Bahrain (BHD bn) 5.683 2029 yearly 1990 - 2029
Bangladesh (BDT bn) 7,011.275 2024 yearly 1980 - 2024
Barbados (BBD bn) 4.732 2030 yearly 1995 - 2030
Belarus (BYN bn) 138.225 2029 yearly 2001 - 2029
Belgium (EUR bn) 400.202 2029 yearly 1980 - 2029
Belize (BZD bn) 1.937 2029 yearly 1996 - 2029
Benin (XOF bn) 3,898.638 2029 yearly 1989 - 2029
Bhutan (BTN bn) 141.129 2029 yearly 1981 - 2029
Bolivia (BOB bn) 154.661 2029 yearly 1984 - 2029
Bosnia and Herzegovina (BAM bn) 28.027 2029 yearly 1998 - 2029
Botswana (BWP bn) 117.247 2030 yearly 1981 - 2030
Brazil (BRL bn) 6,975.892 2029 yearly 2001 - 2029
Brunei (BND bn) 6.627 2029 yearly 1980 - 2029
Bulgaria (BGN bn) 97.888 2029 yearly 1998 - 2029
Burkina Faso (XOF bn) 5,183.536 2029 yearly 1985 - 2029
Burundi (BIF bn) 8,634.540 2029 yearly 1990 - 2029
Cambodia (KHR bn) 49,759.239 2029 yearly 1996 - 2029
Cameroon (XAF bn) 7,713.943 2029 yearly 2000 - 2029
Canada (CAD bn) 1,546.047 2029 yearly 1980 - 2029
Cape Verde (CVE bn) 97.798 2029 yearly 1994 - 2029
Central African Republic (XAF bn) 431.460 2029 yearly 1988 - 2029
Chad (XAF bn) 2,650.660 2029 yearly 1995 - 2029
Chile (CLP bn) 105,724.758 2029 yearly 1990 - 2029
China (RMB bn) 61,759.865 2029 yearly 1982 - 2029
Colombia (COP bn) 719,334.932 2029 yearly 1982 - 2029
Comoros (KMF bn) 162.544 2029 yearly 1984 - 2029
Congo (XAF bn) 2,406.260 2029 yearly 1989 - 2029
Costa Rica (CRC bn) 11,444.353 2029 yearly 1990 - 2029
Croatia (EUR bn) 49.722 2029 yearly 1992 - 2029
Cyprus (EUR bn) 17.597 2029 yearly 1995 - 2029
Czech Republic (CZK bn) 3,989.504 2029 yearly 1995 - 2029
Democratic Republic of Congo (CDF bn) 58,691.414 2029 yearly 1996 - 2029
Denmark (DKK bn) 1,663.394 2029 yearly 1980 - 2029
Djibouti (DJF bn) 212.245 2029 yearly 1990 - 2029
Dominica (XCD bn) 1.034 2029 yearly 1990 - 2029
Dominican Republic (DOP bn) 1,982.578 2029 yearly 1997 - 2029
Ecuador (USD bn) 51.430 2029 yearly 1995 - 2029
Egypt (EGP bn) 7,219.600 2029 yearly 1999 - 2029
El Salvador (SVC bn) 14.164 2029 yearly 1990 - 2029
Equatorial Guinea (XAF bn) 1,878.274 2029 yearly 1980 - 2029
Eritrea (ERN bn) 9.338 2019 yearly 1992 - 2019
Estonia (EUR bn) 21.897 2029 yearly 1995 - 2029
Swaziland (SZL bn) 38.780 2030 yearly 1981 - 2030
Ethiopia (ETB bn) 4,819.139 2029 yearly 1980 - 2029
Fiji (FJD bn) 5.348 2028 yearly 1992 - 2028
Finland (EUR bn) 185.332 2029 yearly 1980 - 2029
France (EUR bn) 1,934.691 2029 yearly 1980 - 2029
Gabon (XAF bn) 3,683.236 2029 yearly 1990 - 2029
Gambia (GMD bn) 56.764 2029 yearly 2000 - 2029
Georgia (GEL bn) 40.909 2029 yearly 1995 - 2029
Germany (EUR bn) 2,430.883 2029 yearly 1991 - 2029
Ghana (GHS bn) 408.854 2029 yearly 1980 - 2029
Greece (EUR bn) 126.705 2029 yearly 1980 - 2029
Grenada (XCD bn) 1.362 2029 yearly 1990 - 2029
Guatemala (GTQ bn) 192.425 2029 yearly 1995 - 2029
Guinea (GNF bn) 74,925.820 2029 yearly 1990 - 2029
Guinea-Bissau (GWP bn) 366.276 2029 yearly 1991 - 2029
Guyana (GYD bn) 1,506.994 2029 yearly 1997 - 2029
Haiti (HTG bn) 545.979 2029 yearly 1997 - 2029
Honduras (HNL bn) 363.532 2029 yearly 1990 - 2029
Hong Kong SAR, China (HKD bn) 865.064 2030 yearly 1982 - 2030
Hungary (HUF bn) 50,519.031 2029 yearly 1995 - 2029
Iceland (ISK bn) 2,558.091 2029 yearly 1980 - 2029
India (INR bn) 151,611.822 2030 yearly 1989 - 2030
Indonesia (IDR bn) 5,468,663.624 2029 yearly 1993 - 2029
Iran (IRR bn) 102,170,609.775 2030 yearly 1991 - 2030
Iraq (IQD bn) 204,643.953 2029 yearly 2004 - 2029
Ireland (EUR bn) 161.203 2029 yearly 1980 - 2029
Israel (ILS bn) 1,053.304 2029 yearly 2000 - 2029
Italy (EUR bn) 1,200.142 2029 yearly 1988 - 2029
Ivory Coast (XOF bn) 17,297.009 2029 yearly 1997 - 2029
Jamaica (JMD bn) 1,331.228 2030 yearly 1991 - 2030
Japan (JPY bn) 285,838.584 2029 yearly 1980 - 2029
Jordan (JOD bn) 14.085 2029 yearly 1985 - 2029
Kazakhstan (KZT bn) 45,053.221 2029 yearly 2002 - 2029
Kenya (KES bn) 6,278.921 2029 yearly 1982 - 2029
Kiribati (AUD bn) 0.615 2029 yearly 1990 - 2029
South Korea (KRW bn) 700,035.486 2029 yearly 1995 - 2029
Kosovo (EUR bn) 4.315 2029 yearly 2000 - 2029
Kuwait (KWD bn) 27.335 2029 yearly 1985 - 2029
Kyrgyzstan (KGS bn) 792.705 2029 yearly 1995 - 2029
Laos (LAK bn) 50,372.610 2022 yearly 2000 - 2022
Latvia (EUR bn) 22.508 2029 yearly 1998 - 2029
Lebanon (LBP bn) 277,571.056 2023 yearly 1990 - 2023
Lesotho (LSL bn) 34.905 2030 yearly 1983 - 2030
Liberia (LRD bn) 1.506 2029 yearly 2000 - 2029
Libya (LYD bn) 128.676 2029 yearly 1990 - 2029

Accurate Macro & Micro Economic Data You Can Trust

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

Learn more about what we do

Singapore Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 1.4 Jun 2024 quarterly Mar 2012 - Jun 2024
Consolidated Fiscal Balance (USD mn) 2,691.750 Sep 2024 monthly Apr 2011 - Sep 2024
Tax Revenue (USD mn) 5,961.951 Sep 2024 monthly Aug 1987 - Sep 2024
Tax Revenue: % of GDP (%) 16.7 Jun 2024 quarterly Dec 1987 - Jun 2024
National Government Debt (USD mn) 896,656.1 Jun 2024 quarterly Mar 1990 - Jun 2024
Government Debt: % of GDP (%) 174.1 Jun 2024 quarterly Mar 1990 - Jun 2024
Forecast: Government Expenditure (SGD bn) 146.244 2030 yearly 1991 - 2030
Forecast: Government Net Debt (SGD bn) 1,597.757 2030 yearly 1991 - 2030
Forecast: Government Revenue (SGD bn) 169.136 2030 yearly 1991 - 2030
Govt Finance: Cash Surplus / Deficit (SGD mn) 3,487.700 Sep 2024 monthly Apr 2011 - Sep 2024
Govt Revenue: Operating (SGD mn) 8,684.200 Sep 2024 monthly Jan 2003 - Sep 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 4.333 2029 yearly 1980 - 2029
Trade Balance (USD mn) 4,065.3 Sep 2024 monthly Jan 1976 - Sep 2024
Total Exports (USD mn) 42,232.0 Sep 2024 monthly Jan 1976 - Sep 2024
Total Exports Growth (%) 1.5 Sep 2024 monthly Jan 1977 - Sep 2024
Aluminum: Exports (USD th) 482,034.010 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 10,982,157.540 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 7,291,818.243 2022 yearly 1995 - 2022
Total Imports (USD mn) 38,166.8 Sep 2024 monthly Jan 1964 - Sep 2024
Total Imports Growth (%) 1.7 Sep 2024 monthly Jan 1965 - Sep 2024
Imports: Medicament (USD th) 2,207,048.295 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 2,625,676.303 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 3,559.778 Sep 2024 monthly Jan 1976 - Sep 2024
Total Imports from USA (USD mn) 4,988.350 Sep 2024 monthly Jan 1976 - Sep 2024
Total Exports to China (USD mn) 6,353.006 Sep 2024 monthly Jan 1975 - Sep 2024
Total Imports from China (USD mn) 4,412.089 Sep 2024 monthly Jan 1975 - Sep 2024
Domestic Exports: Non Oil (SGD mn) 17,289.94 May 2018 monthly Jan 1976 - May 2018
Re Exports: Non Oil (SGD mn) 22,035.26 May 2018 monthly Jan 1976 - May 2018
Exports: Non Oil (SGD mn) 40,168.70 Jul 2018 monthly Jan 1964 - Jul 2018
Exports: Indonesia (SGD mn) 4,090.511 Sep 2024 monthly Jan 2003 - Sep 2024
Export Value Index (2015=100) 130.084 2021 yearly 1980 - 2021
Import Value Index (2015=100) 136.736 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 13,258.1 Jun 2024 quarterly Mar 1995 - Jun 2024
Current Account Balance (USD mn) 25,549.4 Jun 2024 quarterly Mar 1986 - Jun 2024
Current Account Balance: % of GDP (%) 19.2 Jun 2024 quarterly Mar 1986 - Jun 2024
Foreign Direct Investment (USD mn) 40,879.3 Jun 2024 quarterly Mar 1995 - Jun 2024
Foreign Direct Investment: % of GDP (%) 30.7 Jun 2024 quarterly Mar 1995 - Jun 2024
Foreign Portfolio Investment (USD mn) 5,607.134 Jun 2024 quarterly Mar 1995 - Jun 2024
Foreign Portfolio Investment: % of GDP (%) 4.2 Jun 2024 quarterly Mar 1995 - Jun 2024
External Debt (USD mn) 2,011,208.2 Jun 2024 quarterly Jun 2003 - Jun 2024
External Debt: % of GDP (%) 391.1 2023 yearly 2003 - 2023
External Debt: Short Term (USD mn) 1,298,666.8 Jun 2024 quarterly Jun 2003 - Jun 2024
External Debt: Short Term: % of GDP (%) 254.2 2023 yearly 2003 - 2023
Forecast: Current Account Balance (USD bn) 95.944 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) 840,737.603 Jun 2024 quarterly Dec 2013 - Jun 2024
BoP: FA: Others: Liabilities (SGD mn) -12,645.100 Jun 2024 quarterly Mar 1986 - Jun 2024
BoP: Net Errors and Omissions (SGD mn) -1,166.900 Jun 2024 quarterly Mar 1986 - Jun 2024
BoP: FA: Direct Investment: Liabilities (SGD mn) 55,315.100 Jun 2024 quarterly Mar 1995 - Jun 2024
BoP: Official Reserves (OR): Net (SGD mn) 6,285.500 Jun 2024 quarterly Mar 1986 - Jun 2024
BoP: FA: Direct Investment (SGD mn) -37,375.100 Jun 2024 quarterly Mar 1986 - Jun 2024
BoP: CA: Goods: Exports (SGD mn) 192,260.000 Jun 2024 quarterly Mar 1986 - Jun 2024
BoP: FA: Direct Investment: Assets (SGD mn) 17,940.000 Jun 2024 quarterly Mar 1995 - Jun 2024
BoP: CA: Primary Income Balance: Receipts (SGD mn) 65,089.700 Jun 2024 quarterly Mar 1986 - Jun 2024
BoP: CA: Primary Income Balance (SGD mn) -28,924.000 Jun 2024 quarterly Mar 1986 - Jun 2024
BoP: FA: Financial Derivatives: Liabilities (SGD mn) 246.000 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: FA: Financial Derivatives (SGD mn) 1,176.400 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: CA: Services: Imports (SGD mn) 106,708.400 Jun 2024 quarterly Mar 1986 - Jun 2024
BoP: CA: Goods: Balance (SGD mn) 51,818.900 Jun 2024 quarterly Mar 1986 - Jun 2024
BoP: CA: Goods: Imports (SGD mn) 140,441.100 Jun 2024 quarterly Mar 1986 - Jun 2024
BoP: FA: Others: Assets (SGD mn) 12,388.700 Jun 2024 quarterly Mar 1986 - Jun 2024
BoP: FA: Financial Derivatives: Assets (SGD mn) 1,422.400 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: CA: Primary Income Balance: Payment (SGD mn) 94,013.700 Jun 2024 quarterly Mar 1986 - Jun 2024
BoP: CA: Secondary Income Balance (SGD mn) -1,971.900 Jun 2024 quarterly Mar 1986 - Jun 2024
BoP: FA: Portfolio Investment (SGD mn) 38,284.200 Jun 2024 quarterly Mar 1986 - Jun 2024
BoP: CA: Services: Balance (SGD mn) 13,648.700 Jun 2024 quarterly Mar 1986 - Jun 2024
BoP: CA: Services: Exports (SGD mn) 120,357.100 Jun 2024 quarterly Mar 1986 - Jun 2024
BoP: Current Account (CA) Balance (SGD mn) 34,571.700 Jun 2024 quarterly Mar 1986 - Jun 2024
BoP: Financial Account (FA): Net (SGD mn) 27,119.300 Jun 2024 quarterly Mar 1986 - Jun 2024
BoP: FA: Portfolio Inv: Liabilities (SGD mn) 7,587.200 Jun 2024 quarterly Mar 1995 - Jun 2024
BoP: FA: Portfolio Inv: Assets (SGD mn) 45,871.400 Jun 2024 quarterly Mar 1995 - Jun 2024
BoP: FA: Others (SGD mn) 25,033.800 Jun 2024 quarterly Mar 1986 - Jun 2024
BoP: FA: PI: Liabilities: Debt Securities (SGD mn) 1,256.600 2018 yearly 1988 - 2018
BoP: FA: PI: Liabilities: Equity & Investment Fund Shares (SGD mn) -5,728.600 2018 yearly 1988 - 2018
International Investment Position (IIP) (SGD mn) 1,108,209.700 Dec 2018 quarterly Dec 2013 - Dec 2018
External Debt: Gross: OL: DTC: Long Term (SGD mn) 176,484.200 Jun 2024 quarterly Jun 2003 - Jun 2024
External Debt: Gross: OL: DTC: Short Term (SGD mn) 1,424,878.600 Jun 2024 quarterly Jun 2003 - Jun 2024
External Debt: Gross (SGD mn) 2,725,589.400 Jun 2024 quarterly Jun 2003 - Jun 2024
External Debt: Gross: OL: OS: Long Term (SGD mn) 302,795.900 Jun 2024 quarterly Jun 2003 - Jun 2024
External Debt: Gross: OL: OS: Short Term (SGD mn) 335,074.700 Jun 2024 quarterly Jun 2003 - Jun 2024
FDI: By Industry: Financial & Insurance Services (SGD mn) 1,476,535.300 2022 yearly 1998 - 2022
FDI: By Industry: Manufacturing (SGD mn) 323,144.100 2022 yearly 1998 - 2022
Foreign Direct Investment (FDI): Total (SGD mn) 2,618,994.200 2022 yearly 1998 - 2022
FDI: By Industry: Wholesale & Retail Trade (SGD mn) 411,171.600 2022 yearly 1998 - 2022
FDI: By Industry: Professinal, Administrative & Support Services (SGD mn) 175,782.000 2022 yearly 1998 - 2022
FDI: By Country: Netherlands (SGD mn) 70,409.500 2022 yearly 1998 - 2022
FDI: By Country: United Kingdom (SGD mn) 138,604.600 2022 yearly 1998 - 2022
FDI: By Country: United States (SGD mn) 574,017.500 2022 yearly 1998 - 2022
FDI: By Country: Switzerland (SGD mn) 80,150.900 2022 yearly 1998 - 2022
FDI: By Country: Japan (SGD mn) 177,665.900 2022 yearly 1998 - 2022
Business Entities (BE): Formation: Total (Number) 5,896.000 Sep 2024 monthly Jan 1970 - Sep 2024
SG: BOP: Current Account: Personal Remittances: Received (USD mn) 0.000 2023 yearly 2005 - 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.3 Dec 2019 quarterly Dec 2008 - Dec 2019
Household Debt: % of GDP (%) 52.7 Jun 2024 quarterly Mar 1995 - Jun 2024
Non-Performing Loans (USD mn) 9,947.940 Dec 2019 quarterly Dec 2008 - Dec 2019
Money Supply M1 (USD mn) 370,780.607 Sep 2024 monthly Mar 2004 - Sep 2024
Money Supply M2 (USD mn) 1,033,462.978 Sep 2024 monthly Mar 2004 - Sep 2024
M2 Growth (%) 4.6 Sep 2024 monthly Mar 2005 - Sep 2024
Foreign Exchange Reserves (USD mn) 369,677.0 Oct 2024 monthly Apr 2000 - Oct 2024
Foreign Exchange Reserves: % of GDP (%) 69.048 Jun 2024 quarterly Jun 2000 - Jun 2024
Foreign Exchange Reserves: Months of Import (NA) 9.9 Sep 2024 monthly Apr 2000 - Sep 2024
Gold Reserves (USD mn) 6,412.300 Oct 2024 monthly Apr 2000 - Oct 2024
Total Deposits (USD mn) 1,437,262.489 Sep 2024 monthly Jan 1991 - Sep 2024
Total Deposits Growth (%) 10.0 Sep 2024 monthly Jan 1992 - Sep 2024
Domestic Credit (USD mn) 903,795.2 Sep 2024 monthly Mar 2004 - Sep 2024
Domestic Credit Growth (%) 3.7 Sep 2024 monthly Mar 2005 - Sep 2024
Credit to Households (USD bn) 236.805 Dec 2023 quarterly Mar 1991 - Dec 2023
Credit to Private Non-Financial Sector (USD bn) 897.411 Dec 2023 quarterly Dec 1963 - Dec 2023
Household Debt (USD mn) 290,266.3 Sep 2024 monthly Mar 2004 - Sep 2024
Total Loans (USD mn) 989,651.391 Sep 2024 monthly Mar 2004 - Sep 2024
Total Loans Growth (%) 0.81 Sep 2024 monthly Mar 2005 - Sep 2024
Private Debt: % of Nominal GDP (%) 128.51 Jun 2024 quarterly Mar 2004 - Jun 2024
ORA: Gold Incl Gold Deposits and Gold Swapped (USD mn) 211.70 Jul 2018 monthly Apr 2000 - Jul 2018
ORA: Other Reserve Assets (USD mn) 472.40 Jul 2018 monthly Apr 2000 - Jul 2018
DBU: Loans & Advances: CL: Housing & Bridging Loans (SGD mn) 203,114.90 May 2018 monthly Jan 1991 - May 2018
DBU: Loans & Advances: Loans to Businesses (LB) (SGD mn) 403,032.70 May 2018 monthly Mar 2004 - May 2018
DBU: Loans & Advances: Consumer Loans (CL) (SGD mn) 264,859.50 May 2018 monthly Mar 2004 - May 2018
DBU: Loans & Advances: Total, Including Bills Financing (SGD mn) 667,892.20 May 2018 monthly Jan 1980 - May 2018
DBU: Loans & Advances: LB: Professional & Private Individuals (SGD mn) 10,320.90 May 2018 monthly Jan 1991 - May 2018
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 1.2 Oct 2024 monthly Jan 2000 - Oct 2024
Composite Leading Index: 2015=100 (2015=100) 109.300 Mar 2019 quarterly Mar 1978 - Mar 2019

More Indicators for Singapore

Request a demo of CEIC

CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.

Request a demo
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.
Unlimited access tailored to your data needs
Flexible monthly access to CEIC data