Singapore Government Revenue
General government revenue as % of GDP GGR_NGDP
Singapore's government revenue was 19.93% in 2025, ranked 136th globally. This represents a 4.9% increase from 2024. Data from IMF WEO, covering 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.
Singapore's government revenue has demonstrated a relatively stable trajectory over the past three and a half decades, with a coverage spanning 36 years. Starting from 17.02 in 1990, the revenue gradually increased to an all-time peak of 21.09 in 1999, before experiencing a trough of 14.44 in 2006. Since then, it has steadily climbed back up, reaching 19.93 in 2025. Singapore's government revenue is now ranked 136 globally, closely trailed by Guyana with 19.98. The country's fiscal stability is likely due to its well-diversified economy and robust financial system. However, a decline in global trade or a significant shift in regional dynamics could potentially alter Singapore's revenue trajectory. A sustained increase in international trade and continued economic diversification would be essential to maintaining the country's fiscal stability and supporting its high standard of living.
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 |
Detected Pattern
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
Singapore's government revenue was 19.93% in 2025. Ranked 136th globally. This represents a 4.9% increase from the previous year.
Singapore's government revenue peaked at 21.09% in 1999.
The lowest government revenue in Singapore was 14.44% in 2006.
Singapore ranks 136th globally in government revenue as of 2025.
The World Bank indicator code is GGR_NGDP. Data sourced from IMF WEO.
Singapore's government revenue is projected to reach 19.93% by 2025 based on IMF projection.
The government revenue of Singapore in 2025 was 19.93%. This ranks 136th in the world.
Cite this page
@misc{historysaid_singapore_government-revenue,
title = {Singapore Government Revenue},
url = {https://historysaid.com/singapore/government-revenue/},
publisher = {HistorySaid},
year = {2026}
}