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Singapore Government Spending

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

Singapore's government spending was 15.80% in 2025, ranked 101st globally. This represents a 8.7% decrease from 2024. Data from World Bank, covering 1972–2025.

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.

Singapore's government spending has exhibited significant fluctuations over the past five decades. At 15.80% of GDP in 2025, the country's current government spending ratio ranks 101 globally, according to World Bank data. This figure is a far cry from the all-time peak of 27.00% in 1987, a year that marked the end of a prolonged period of economic boom in the country. Conversely, the trough of 10.92% in 1994, during a period of economic contraction, highlights the government's ability to adapt to changing economic conditions. Compared to its peers, Singapore's government spending ratio is lower than Switzerland's 16.28%, but slightly higher than that of Guinea-Bissau at 15.70%. The trajectory of Singapore's government spending has been largely influenced by the country's economic health, with a notable increase in spending during the 1980s. A shift towards fiscal consolidation or a significant economic downturn could alter the trajectory of government spending in Singapore.

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 October 21, 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} }
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