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Singapore Government Revenue

General government revenue as % of GDP  GGR_NGDP

19.93% +0.94% (+4.9%)
Year 2025 Rank #136 Global Peak 21.09% (1999) Source IMF WEO

Singapore Government Revenue (1990–2025)

Overview

Singapore's government revenue stood at 19.93% in 2025, a rise of +0.94% from 2024. The IMF projects 19.93% by 2025. Singapore ranked 136th globally.

Data & projection

Year Government Revenue YoY change Rank
2030* IMF 20.09% - -
2029* IMF 20.05% - -
2028* IMF 20.02% - -
2027* IMF 20.00% - -
2026* IMF 20.00% - -
2025* IMF 19.93% - -
2025 19.93% +0.94% #136
2024 18.99% +0.68% #140
2023 18.32% +2.14% #144
2022 16.18% −0.50% #161
2021 16.68% −0.74% #157
2020 17.41% −0.38% #153
2019 17.80% +0.24% #156
2018 17.56% −1.29% #154
2017 18.85% +0.32% #146
2016 18.53% +1.25% #140
2015 17.29% +0.11% #157
2014 17.17% +0.30% #160
2013 16.88% −0.28% #159
2012 17.16% −0.46% #156
2011 17.62% +1.71% #152
Show all years (1990-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +14.9% GDP growth 9.8% C/A balance 19.8%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Singapore matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw government revenue improve within 24 months. View full analysis →

Frequently Asked Questions

What is Singapore's government revenue?

Singapore's government revenue was 19.93% in 2025. Ranked 136th globally. This represents a 4.9% increase from the previous year.

What was the highest government revenue in Singapore?

Singapore's government revenue peaked at 21.09% in 1999.

What was the lowest government revenue in Singapore?

The lowest government revenue in Singapore was 14.44% in 2006.

How does Singapore rank in government revenue?

Singapore ranks 136th globally in government revenue as of 2025.

What is the World Bank indicator code for government revenue?

The World Bank indicator code is GGR_NGDP. Data sourced from IMF WEO.

What is the projected government revenue of Singapore in 2025?

Singapore's government revenue is projected to reach 19.93% by 2025 based on IMF projection.

What is the government revenue of Singapore in 2025?

The government revenue of Singapore in 2025 was 19.93%. This ranks 136th in the world.

Cite this page

APA
Singapore Government Revenue. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/singapore/government-revenue
BibTeX
@misc{historysaid_singapore_government-revenue, title = {Singapore Government Revenue}, url = {https://historysaid.com/singapore/government-revenue}, publisher = {HistorySaid}, year = {2026} }