The ratio of government expenditure to GDP in Singapore was forecast to continuously increase between 2024 and 2029 by in total 3.8 percentage points. According to this forecast in 2029, the ratio will have increased for the fifth consecutive year to 17.18 percent. Depicted here is the general government expenditure as a share of the national gross domestic product. According to the International Monetary Fund, the general government expenditure consists of total expense and the net acquisition of nonfinancial assets. The gross domestic product represents the total value of final goods and services produced during a year.
Find more key insights for the ratio of government expenditure to GDP in countries like Brunei, Thailand and Timor-Leste.
Singapore: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029
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IMF. (April 22, 2024). Singapore: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029 [Graph]. In Statista. Retrieved September 15, 2024, from https://www.statista.com/statistics/379453/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-singapore/?ref=goodoil.news
IMF. "Singapore: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029." Chart. April 22, 2024. Statista. Accessed September 15, 2024. https://www.statista.com/statistics/379453/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-singapore/?ref=goodoil.news
IMF. (2024). Singapore: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029. Statista. Statista Inc.. Accessed: September 15, 2024. https://www.statista.com/statistics/379453/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-singapore/?ref=goodoil.news
IMF. "Singapore: Ratio of Government Expenditure to Gross Domestic Product (Gdp) from 2019 to 2029." Statista, Statista Inc., 22 Apr 2024, https://www.statista.com/statistics/379453/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-singapore/?ref=goodoil.news
IMF, Singapore: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029 Statista, https://www.statista.com/statistics/379453/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-singapore/?ref=goodoil.news (last visited September 15, 2024)
Singapore: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029 [Graph], IMF, April 22, 2024. [Online]. Available: https://www.statista.com/statistics/379453/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-singapore/?ref=goodoil.news
