Singapore Government Spending

Government Spending in Singapore decreased to 13988.30 SGD Million in the first quarter of 2022 from 14697.10 SGD Million in the fourth quarter of 2021. Government Spending in Singapore averaged 5471.36 SGD Million from 1975 until 2022, reaching an all time high of 14697.10 SGD Million in the fourth quarter of 2021 and a record low of 833.20 SGD Million in the first quarter of 1975. 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. This page provides – Singapore Government Spending – actual values, historical data, forecast, chart, statistics, economic calendar and news.

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