Government Spending in Singapore increased to 16106 SGD Million in the second quarter of 2025 from 14230.50 SGD Million in the first quarter of 2025. This dataset provides - Singapore Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2023, housing and related expenditure made up the largest share of spending among households in Singapore, at **** percent. This included spending on housing and utilities, as well as furnishings, household equipment, and the maintenance of the house. The next biggest share of household expenses went to food and food servicing services.

Consumer Spending in Singapore increased to 52218.70 SGD Million in the second quarter of 2025 from 51533.90 SGD Million in the first quarter of 2025. This dataset provides - Singapore Consumer Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

As of the third quarter 2023, the total consumer spending in Singapore amounted to ***** billion Singapore dollars. After a two-year low in the second quarter 2020, consumer spending in Singapore has started to rebound. The decrease in consumer spend in that period was likely due to the lockdown implemented in the country to slow down the spread of COVID-19.

The total consumer spending on food and non-alcoholic beverages in Singapore was forecast to continuously increase between 2024 and 2029 by in total *** billion U.S. dollars (+***** percent). After the ninth consecutive increasing year, the food-related spending is estimated to reach **** billion U.S. dollars and therefore a new peak in 2029. Consumer spending, in this case food-related spending, refers to the domestic demand of private households and non-profit institutions serving households (NPISHs). Spending by corporations and the state is not included. The forecast has been adjusted for the expected impact of COVID-19.Consumer spending is the biggest component of the gross domestic product as computed on an expenditure basis in the context of national accounts. The other components in this approach are consumption expenditure of the state, gross domestic investment as well as the net exports of goods and services. Consumer spending is broken down according to the United Nations' Classification of Individual Consumption By Purpose (COICOP). The shown data adheres broadly to group **. As not all countries and regions report data in a harmonized way, all data shown here has been processed by Statista to allow the greatest level of comparability possible. The underlying input data are usually household budget surveys conducted by government agencies that track spending of selected households over a given period. The data is shown in nominal terms which means that monetary data is valued at prices of the respective year and has not been adjusted for inflation. For future years the price level has been projected as well. The data has been converted from local currencies to US$ using the average exchange rate of the respective year. For forecast years, the exchange rate has been projected as well. The timelines therefore incorporate currency effects.Find more key insights for the total consumer spending on food and non-alcoholic beverages in countries like Thailand and Cambodia.

Singapore: Government spending, billion USD: The latest value from 2023 is 51.28 billion U.S. dollars, an increase from 47.09 billion U.S. dollars in 2022. In comparison, the world average is 109.33 billion U.S. dollars, based on data from 146 countries. Historically, the average for Singapore from 1960 to 2023 is 11.36 billion U.S. dollars. The minimum value, 0.05 billion U.S. dollars, was reached in 1960 while the maximum of 51.28 billion U.S. dollars was recorded in 2023.

Government expenditure on education, total (% of GDP) in Singapore was reported at 2.1879 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Singapore - Public spending on education, total (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Singapore: Government spending as percent of GDP: The latest value from 2024 is 10.59 percent, an increase from 10 percent in 2023. In comparison, the world average is 14.67 percent, based on data from 101 countries. Historically, the average for Singapore from 1960 to 2024 is 10.17 percent. The minimum value, 7.53 percent, was reached in 1960 while the maximum of 13.39 percent was recorded in 1985.

In 2024, the ratio of government expenditure to GDP in Singapore amounted to about 14.51 percent. Between 1990 and 2024, the figure dropped by approximately 0.55 percentage points, though the decline followed an uneven course rather than a steady trajectory. From 2024 to 2030, the ratio will rise by around 3.04 percentage points, showing an overall upward trend with periodic ups and downs.Shown here is the general government expenditure as a share of the national gross domestic product. As defined by 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.

Singapore SG: General Government: Expenditure: % of GDP data was reported at 20.072 % in 2023. This records an increase from the previous number of 19.929 % for 2022. Singapore SG: General Government: Expenditure: % of GDP data is updated yearly, averaging 17.649 % from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 21.579 % in 2001 and a record low of 13.593 % in 1994. Singapore SG: General Government: Expenditure: % 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.

Singapore SG: Proportion of Population Spending More Than 10% of Household Consumption or Income on Out-of-Pocket Health Care Expenditure: % data was reported at 9.014 % in 2012. Singapore SG: Proportion of Population Spending More Than 10% of Household Consumption or Income on Out-of-Pocket Health Care Expenditure: % data is updated yearly, averaging 9.014 % from Dec 2012 (Median) to 2012, with 1 observations. Singapore SG: Proportion of Population Spending More Than 10% of Household Consumption or Income on Out-of-Pocket Health Care Expenditure: % data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Singapore – Table SG.World Bank.WDI: Poverty. Proportion of population spending more than 10% of household consumption or income on out-of-pocket health care expenditure.; ; World Health Organization and World Bank. 2019. Global Monitoring Report on Financial Protection in Health 2019.; Weighted average;

Singapore SG: Out-of-Pocket Health Expenditure: % of Current Health Expenditure data was reported at 36.737 % in 2015. This records a decrease from the previous number of 38.151 % for 2014. Singapore SG: Out-of-Pocket Health Expenditure: % of Current Health Expenditure data is updated yearly, averaging 48.318 % from Dec 2000 (Median) to 2015, with 16 observations. The data reached an all-time high of 55.590 % in 2001 and a record low of 36.737 % in 2015. Singapore SG: Out-of-Pocket Health Expenditure: % of Current Health Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Singapore – Table SG.World Bank.WDI: Health Statistics. Share of out-of-pocket payments of total current health expenditures. Out-of-pocket payments are spending on health directly out-of-pocket by households.; ; World Health Organization Global Health Expenditure database (http://apps.who.int/nha/database).; Weighted average;

Singapore SG: Expenditure: % of GDP data was reported at 14.876 % in 2017. This records a decrease from the previous number of 16.130 % for 2016. Singapore SG: Expenditure: % of GDP data is updated yearly, averaging 15.359 % from Mar 1973 (Median) to 2017, with 45 observations. The data reached an all-time high of 27.031 % in 1988 and a record low of 10.905 % in 1995. Singapore SG: Expenditure: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Singapore – Table SG.World Bank.WDI: Government Revenue, Expenditure and Finance. Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.; Weighted average;

Singapore Distribution of Monthly Household Expenditure: Clothing & Footwear data was reported at 2.700 % in 2013. This records a decrease from the previous number of 3.200 % for 2008. Singapore Distribution of Monthly Household Expenditure: Clothing & Footwear data is updated yearly, averaging 3.200 % from Dec 2003 (Median) to 2013, with 3 observations. The data reached an all-time high of 3.300 % in 2003 and a record low of 2.700 % in 2013. Singapore Distribution of Monthly Household Expenditure: Clothing & Footwear data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.H050: Distribution of Monthly Household Expenditure: By Type of Goods and Services.

Government expenditure on education, total (% of government expenditure) in Singapore was reported at 10.07 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. Singapore - Public spending on education, total (% of government expenditure) - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

Fiscal Expenditure in Singapore increased to 11307.40 SGD Million in June from 8535.40 SGD Million in May of 2025. This dataset provides - Singapore Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The real total consumer spending on food and non-alcoholic beverages in Singapore was forecast to continuously decrease between 2024 and 2029 by in total ***** million U.S. dollars (-**** percent). According to this forecast, in 2029, the real food-related spending will have decreased for the seventh consecutive year to * billion U.S. dollars. Consumer spending, in this case food-related spending, refers to the domestic demand of private households and non-profit institutions serving households (NPISHs). Spending by corporations and the state is not included. The forecast has been adjusted for the expected impact of COVID-19.Consumer spending is the biggest component of the gross domestic product as computed on an expenditure basis in the context of national accounts. The other components in this approach are consumption expenditure of the state, gross domestic investment as well as the net exports of goods and services. Consumer spending is broken down according to the United Nations' Classification of Individual Consumption By Purpose (COICOP). The shown data adheres broadly to group **. As not all countries and regions report data in a harmonized way, all data shown here has been processed by Statista to allow the greatest level of comparability possible. The underlying input data are usually household budget surveys conducted by government agencies that track spending of selected households over a given period.The data has been converted from local currencies to US$ using the average constant exchange rate of the base year 2017. The timelines therefore do not incorporate currency effects. The data is shown in real terms which means that monetary data is valued at constant prices of a given base year (in this case: 2017). To attain constant prices the nominal forecast has been deflated with the projected consumer price index for the respective category.Find more key insights for the real total consumer spending on food and non-alcoholic beverages in countries like Cambodia and Myanmar.

Key information about Singapore Private Consumption Expenditure

• Singapore Private Consumption Expenditure was reported at 44.358 USD bn in Dec 2024. This records an increase from the previous number of 43.538 USD bn for Sep 2024.
• Singapore Private Consumption Expenditure data is updated quarterly, averaging 10.050 USD bn from Mar 1975 to Dec 2024, with 200 observations.
• The data reached an all-time high of 44.358 USD bn in Dec 2024 and a record low of 848.326 USD mn in Mar 1975.
• Singapore Private Consumption Expenditure data remains in an active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Private Consumption Expenditure: USD: Quarterly.

Singapore Tourist Expenditure Per Capita: Malaysia data was reported at 677.000 SGD in 2016. This records an increase from the previous number of 544.000 SGD for 2015. Singapore Tourist Expenditure Per Capita: Malaysia data is updated yearly, averaging 553.000 SGD from Dec 1998 (Median) to 2016, with 19 observations. The data reached an all-time high of 873.000 SGD in 2009 and a record low of 338.000 SGD in 1999. Singapore Tourist Expenditure Per Capita: Malaysia data remains active status in CEIC and is reported by Singapore Tourism Board. The data is categorized under Global Database’s Singapore – Table SG.Q011: Tourism Revenue and Expenditure.

Key information about Singapore Public Consumption: % of GDP

• Singapore Public Consumption accounted for 10.6 % of its Nominal GDP in Dec 2024, compared with a share of 10.0 % in the previous year.
• Singapore Public Consumption share of Nominal GDP ratio is updated yearly, available from Dec 1960 to Dec 2024, with an average number of 10.2 %.
• The data reached an all-time high of 13.4 % in Dec 1985 and a record low of 7.5 % in Dec 1960.

• In the latest reports, Singapore GDP expanded 0.4 % YoY in Mar 2023.
• Singapore Nominal GDP reached 120.6 USD bn in Mar 2023.
• Its GDP deflator (implicit price deflator) fell 0.0 % in Mar 2023.
• Singapore GDP Per Capita reached 84,714.0 USD in Dec 2023.
• Its Gross Savings Rate was measured at 48.6 % in Dec 2023.
• For Nominal GDP contributions, Investment accounted for 21.0 % in Dec 2023.
• Private Consumption accounted for 31.3 % in Dec 2023.