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Singapore Government Spending

Government expenditure as % of GDP  GC.XPN.TOTL.GD.ZS

15.80% −1.50% (-8.7%)
Year 2025 Rank #101 Global Peak 27.00% (1987) Source World Bank

Singapore Government Spending (1972–2025)

Overview

Singapore's government spending stood at 15.80% in 2025, a decline of +1.50% from 2023. Based on recent trends, this figure is projected to reach 15.80% by 2025. Singapore ranked 101st globally.

Data & projection

Year Government Spending YoY change Rank
2026* trend 15.34% - -
2025* trend 15.80% - -
2025 15.80% −1.50% #101
2023 17.30% +2.48% #15
2022 14.82% −1.46% #11
2021 16.28% −9.46% #20
2020 25.75% +11.57% #50
2019 14.17% −0.51% #19
2018 14.68% +0.39% #24
2017 14.29% −0.13% #21
2016 14.42% −1.51% #22
2015 15.93% +2.77% #31
2014 13.15% +0.78% #18
2013 12.38% −0.01% #13
2012 12.38% −0.39% #15
2011 12.77% +0.36% #15
2010 12.41% −1.89% #13
Show all years (1972-2025)
* Linear trend extrapolation

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 spending improve within 24 months. View full analysis →

Frequently Asked Questions

What is Singapore's government spending?

Singapore's government spending was 15.80% in 2025. Ranked 101st globally. This represents a 8.7% decrease from the previous year.

What was the highest government spending in Singapore?

Singapore's government spending peaked at 27.00% in 1987.

What was the lowest government spending in Singapore?

The lowest government spending in Singapore was 10.92% in 1994.

How does Singapore rank in government spending?

Singapore ranks 101st globally in government spending as of 2025.

What is the World Bank indicator code for government spending?

The World Bank indicator code is GC.XPN.TOTL.GD.ZS. Data sourced from World Bank.

What is the projected government spending of Singapore in 2025?

Singapore's government spending is projected to reach 15.80% by 2025 based on trend extrapolation.

What is the government spending of Singapore in 2025?

The government spending of Singapore in 2025 was 15.80%. This ranks 101st in the world.

Cite this page

APA
Singapore Government Spending. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/singapore/government-spending
BibTeX
@misc{historysaid_singapore_government-spending, title = {Singapore Government Spending}, url = {https://historysaid.com/singapore/government-spending}, publisher = {HistorySaid}, year = {2026} }