Key information about Singapore Consolidated Fiscal Balance: % of GDP

• Singapore Consolidated Fiscal Balance registered a surplus equal to 0.4 % of its Nominal GDP in Dec 2024, compared with a surplus equal to 2.1 % in the previous quarter
• Singapore Consolidated Fiscal Balance to GDP data is updated quarterly, available from Mar 2012 to Dec 2024, with an average ratio of 3.7 %
• The data reached an all-time high of 8.0 % in Sep 2013 and a record low of -8.0 % in Mar 2021

• In the latest reports, Singapore National Government Debt reached 962.6 USD bn in Sep 2024
• Singapore Nominal GDP reached 120.6 USD bn in Mar 2023

The budget balance in relation to the gross domestic product (GDP) in Singapore was approximately 4.43 percent in 2024. Between 1990 and 2024, the budget balance rose by around 2.46 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The budget balance is forecast to decline by about 2.12 percentage points from 2024 to 2030, fluctuating as it trends downward.The indicator describes the general government net lending / borrowing, which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expenses and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.

Singapore recorded a government budget surplus of 8644.90 SGD Million in August of 2025. This dataset provides - Singapore Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Singapore recorded a Government Budget deficit equal to 1.60 percent of the country's Gross Domestic Product in 2023. This dataset provides - Singapore Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Singapore Govt Finance: Overall Budget Surplus / Deficit data was reported at -605.000 SGD mn in 2019. This records a decrease from the previous number of 9,608.000 SGD mn for 2018. Singapore Govt Finance: Overall Budget Surplus / Deficit data is updated yearly, averaging 775.800 SGD mn from Mar 2000 (Median) to 2019, with 20 observations. The data reached an all-time high of 9,608.000 SGD mn in 2018 and a record low of -4,049.700 SGD mn in 2016. Singapore Govt Finance: Overall Budget Surplus / Deficit data remains active status in CEIC and is reported by Ministry of Finance. The data is categorized under Global Database’s Singapore – Table SG.F008: Overall Fiscal Position. Government's Financial Year 2017 begins from 1 April 2017 to 31 March 2019, hence FY 2018 data is updated under timepoint March 2019. This methodology also applies to other FY. 2. Data for timepoint March 2019 is budgeted figures for FY2018 whereas data for other timepoints are actual figures for the respective FY.

Dataset from Singapore Department of Statistics. For more information, visit https://data.gov.sg/datasets/d_9c0e02a3653b6b73cd3b7b6ec4263f71/view

Key information about Singapore National Government Debt

• Singapore National Government Debt reached 926.5 USD bn in Dec 2024, compared with 962.6 USD bn in the previous quarter.
• Singapore National Government Debt data is updated quarterly, available from Mar 1990 to Dec 2024.
• The data reached an all-time high of 962.6 USD bn in Sep 2024 and a record low of 25.2 USD bn in Mar 1990.

• In the latest reports, Singapore Consolidated Fiscal Balance registered a surplus equal to 0.4 % of its Nominal GDP in Dec 2024.
• The country's Government debt accounted for 173.1 % of its Nominal GDP in Dec 2024.
• Singapore Nominal GDP reached 120.6 USD bn in Mar 2023.

The budget balance in relation to the gross domestic product (GDP) in Singapore was approximately 4.43 percent in 2024. Between 1990 and 2024, the budget balance rose by around 2.46 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The budget balance is forecast to decline by about 2.12 percentage points from 2024 to 2030, fluctuating as it trends downward.The indicator describes the general government net lending / borrowing, which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expenses and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.

Singapore SG: General Government: Balance: % of Potential GDP: Cyclically Adjusted data was reported at 1.861 % in 2023. This records an increase from the previous number of 1.793 % for 2022. Singapore SG: General Government: Balance: % of Potential GDP: Cyclically Adjusted data is updated yearly, averaging 5.601 % from Dec 1995 (Median) to 2023, with 29 observations. The data reached an all-time high of 11.812 % in 2007 and a record low of 0.212 % in 2009. Singapore SG: General Government: Balance: % of Potential GDP: Cyclically Adjusted data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Singapore – Table SG.IMF.FM: Government Finance Statistics.

Singapore Govt Finance: Fiscal Yr: Cash Surplus / Deficit data was reported at 29,898.900 SGD mn in 2018. This records an increase from the previous number of 13,879.100 SGD mn for 2017. Singapore Govt Finance: Fiscal Yr: Cash Surplus / Deficit data is updated yearly, averaging 19,621.300 SGD mn from Mar 2006 (Median) to 2018, with 13 observations. The data reached an all-time high of 29,898.900 SGD mn in 2018 and a record low of -442.000 SGD mn in 2010. Singapore Govt Finance: Fiscal Yr: Cash Surplus / Deficit data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.F001: Government Finance.

Singapore SG: General Government: Overall Balance: % of GDP data was reported at 1.836 % in 2023. This records an increase from the previous number of 1.790 % for 2022. Singapore SG: General Government: Overall Balance: % of GDP data is updated yearly, averaging 5.882 % from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 20.239 % in 1994 and a record low of 0.048 % in 2009. Singapore SG: General Government: Overall Balance: % of GDP data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Singapore – Table SG.IMF.FM: Government Finance Statistics.

The statistic shows the budget balance in relation to GDP of the ASEAN countries in Asia between 2020 and 2030. The ASEAN (Association of Southeast Asian Nations) countries are Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam. A positive value indicates a budget surplus, a negative value indicates a deficit. In 2023, Indonesia's deficit amounted to around **** percent of GDP.

Singapore Govt Finance: Cash Surplus / Deficit data was reported at -11,041.600 SGD mn in Mar 2025. This records a decrease from the previous number of 6,606.700 SGD mn for Feb 2025. Singapore Govt Finance: Cash Surplus / Deficit data is updated monthly, averaging 1,788.500 SGD mn from Apr 2011 (Median) to Mar 2025, with 168 observations. The data reached an all-time high of 17,827.500 SGD mn in May 2019 and a record low of -18,210.200 SGD mn in Mar 2024. Singapore Govt Finance: Cash Surplus / Deficit data remains active status in CEIC and is reported by Singapore Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.F001: Government Finance.

Singapore SG: Budgetary Central Government: Cash Surplus/Deficit data was reported at 27,819.900 SGD mn in 2017. This records an increase from the previous number of 13,879.200 SGD mn for 2016. Singapore SG: Budgetary Central Government: Cash Surplus/Deficit data is updated yearly, averaging 15,344.500 SGD mn from Mar 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 32,895.500 SGD mn in 2007 and a record low of -4,240.300 SGD mn in 2009. Singapore SG: Budgetary Central Government: Cash Surplus/Deficit data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Singapore – Table SG.IMF.IFS: Government Finance: Cash Flow Statement: Annual.

Singapore General Govt Finance: FY: Cash Surplus / Deficit data was reported at 35,873.000 SGD mn in 2017. This records an increase from the previous number of 22,209.000 SGD mn for 2016. Singapore General Govt Finance: FY: Cash Surplus / Deficit data is updated yearly, averaging 24,407.000 SGD mn from Mar 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 35,873.000 SGD mn in 2017 and a record low of 4,421.000 SGD mn in 2009. Singapore General Govt Finance: FY: Cash Surplus / Deficit data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.F001: Government Finance.

Singapore BoP: Financial Account: Other Investment: Assets: Other Accounts Receivable: General Government: Short Term data was reported at 0.000 USD mn in 2024. This stayed constant from the previous number of 0.000 USD mn for 2023. Singapore BoP: Financial Account: Other Investment: Assets: Other Accounts Receivable: General Government: Short Term data is updated yearly, averaging 0.000 USD mn from Dec 2016 (Median) to 2024, with 9 observations. The data reached an all-time high of 0.000 USD mn in 2024 and a record low of 0.000 USD mn in 2024. Singapore BoP: Financial Account: Other Investment: Assets: Other Accounts Receivable: General Government: Short Term data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Singapore – Table SG.IMF.BOP: BPM6: Balance of Payments: Detailed Presentation: Annual.

SG：国际货币基金组织预测：一般政府：总差额：占国内生产总值百分比在12-01-2023达1.836%，相较于12-01-2022的1.790%有所增长。SG：国际货币基金组织预测：一般政府：总差额：占国内生产总值百分比数据按年更新，12-01-1990至12-01-2023期间平均值为5.882%，共34份观测结果。该数据的历史最高值出现于12-01-1994，达20.239%，而历史最低值则出现于12-01-2009，为0.048%。CEIC提供的SG：国际货币基金组织预测：一般政府：总差额：占国内生产总值百分比数据处于定期更新的状态，数据来源于International Monetary Fund，数据归类于Global Database的新加坡 – 表SG.IMF.FM：政府财政统计。

一般政府财政：FY：现金盈余或赤字在03-01-2017达35,873.000百万新加坡元，相较于03-01-2016的22,209.000百万新加坡元有所增长。一般政府财政：FY：现金盈余或赤字数据按年更新，03-01-2005至03-01-2017期间平均值为24,407.000百万新加坡元，共13份观测结果。该数据的历史最高值出现于03-01-2017，达35,873.000百万新加坡元，而历史最低值则出现于03-01-2009，为4,421.000百万新加坡元。CEIC提供的一般政府财政：FY：现金盈余或赤字数据处于定期更新的状态，数据来源于Department of Statistics，数据归类于Global Database的新加坡 – 表 SG.F001：政府财政。

政府财政：现金盈余或赤字在03-01-2025达-11,041.600百万新加坡元，相较于02-01-2025的6,606.700百万新加坡元有所下降。政府财政：现金盈余或赤字数据按月更新，04-01-2011至03-01-2025期间平均值为1,788.500百万新加坡元，共168份观测结果。该数据的历史最高值出现于05-01-2019，达17,827.500百万新加坡元，而历史最低值则出现于03-01-2024，为-18,210.200百万新加坡元。CEIC提供的政府财政：现金盈余或赤字数据处于定期更新的状态，数据来源于Singapore Department of Statistics，数据归类于全球数据库的新加坡 – Table SG.F001: Government Finance。