Singapore Forecast: Government Revenue

1991 - 2028 | Yearly | SGD bn | International Monetary Fund

Key information about Singapore Government Revenue Forecast

  • Singapore Government Revenue is forecasted to be 103.314 SGD bn in Mar 2023 as reported by International Monetary Fund
  • It records an increase from the last reported number of 100.698 SGD bn in Mar 2022
  • Looking ahead, Singapore Government Revenue is projected to stand at 145.993 SGD bn in Mar 2028
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: General Government Revenue

View Singapore's Forecast: Government Revenue from 1991 to 2028 in the chart:

Singapore Forecast: Government Revenue

What is Singapore's Forecast: Government Revenue in 2028?

Singapore Government Revenue is forecasted to be 103.314 SGD bn in Mar 2023 as reported by International Monetary Fund See the table below for more data.

Last Previous Min Max Unit Frequency Range
145.993 2028 136.241 2027 12.343 1991 145.993 2028 SGD bn yearly 1991 - 2028

Forecast: Government Revenue by Country Comparison

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Includes Forecast: Government Revenue on 195 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Afghanistan (AFA bn) 397.564 2020 yearly 2002 - 2020
Albania (ALL bn) 724.915 2027 yearly 1997 - 2027
Algeria (DZD bn) 12,347.930 2027 yearly 1990 - 2027
Andorra (EUR bn) 1.458 2027 yearly 2001 - 2027
Angola (AOA bn) 16,078.650 2027 yearly 1996 - 2027
Antigua and Barbuda (XCD bn) 1.329 2027 yearly 1990 - 2027
Argentina (ARS bn) 214,969.400 2027 yearly 1993 - 2027
Armenia (AMD bn) 3,182.560 2027 yearly 1993 - 2027
Aruba (AWG bn) 1.672 2027 yearly 1995 - 2027
Australia (AUD bn) 1,042.330 2027 yearly 1988 - 2027
Austria (EUR bn) 262.690 2027 yearly 1988 - 2027
Azerbaijan (AZN bn) 47.584 2027 yearly 1994 - 2027
Bahamas (BSD bn) 3.520 2027 yearly 1990 - 2027
Bahrain (BHD bn) 3.367 2027 yearly 1990 - 2027
Bangladesh (BDT bn) 6,864.350 2027 yearly 1980 - 2027
Barbados (BBD bn) 4.635 2028 yearly 1995 - 2028
Belarus (BYN bn) 106.535 2027 yearly 1996 - 2027
Belgium (EUR bn) 332.221 2027 yearly 1980 - 2027
Belize (BZD bn) 1.559 2027 yearly 1996 - 2027
Benin (XOF bn) 2,650.610 2027 yearly 1989 - 2027
Bhutan (BTN bn) 88.180 2027 yearly 1981 - 2027
Bolivia (BOB bn) 108.458 2027 yearly 1984 - 2027
Bosnia and Herzegovina (BAM bn) 23.732 2027 yearly 1998 - 2027
Botswana (BWP bn) 105.049 2028 yearly 2000 - 2028
Brazil (BRL bn) 3,748.670 2027 yearly 1996 - 2027
Brunei (BND bn) 5.116 2027 yearly 1980 - 2027
Bulgaria (BGN bn) 74.474 2027 yearly 1998 - 2027
Burkina Faso (XOF bn) 3,406.100 2027 yearly 1985 - 2027
Burundi (BIF bn) 3,486.670 2027 yearly 1990 - 2027
Cambodia (KHR bn) 44,357.080 2027 yearly 1996 - 2027
Cameroon (XAF bn) 6,061.320 2027 yearly 2000 - 2027
Canada (CAD bn) 1,381.310 2027 yearly 1980 - 2027
Cape Verde (CVE bn) 81.002 2027 yearly 1994 - 2027
Central African Republic (XAF bn) 364.909 2027 yearly 1988 - 2027
Chad (XAF bn) 1,863.830 2027 yearly 1995 - 2027
Chile (CLP bn) 88,606.000 2027 yearly 1990 - 2027
China (RMB bn) 44,245.080 2027 yearly 1982 - 2027
Colombia (COP bn) 553,793.550 2027 yearly 1980 - 2027
Comoros (KMF bn) 139.476 2027 yearly 1984 - 2027
Congo (XAF bn) 2,734.340 2027 yearly 1989 - 2027
Costa Rica (CRC bn) 9,171.900 2027 yearly 1990 - 2027
Croatia (HRK bn) 282.728 2027 yearly 1992 - 2027
Cyprus (EUR bn) 13.385 2027 yearly 1995 - 2027
Czech Republic (CZK bn) 3,695.060 2027 yearly 1995 - 2027
Democratic Republic of Congo (CDF bn) 38,147.750 2027 yearly 1996 - 2027
Denmark (DKK bn) 1,670.560 2027 yearly 1980 - 2027
Djibouti (DJF bn) 180.334 2027 yearly 1990 - 2027
Dominica (XCD bn) 1.011 2027 yearly 1990 - 2027
Dominican Republic (DOP bn) 1,414.620 2027 yearly 1997 - 2027
Ecuador (USD bn) 46.147 2027 yearly 1995 - 2027
Egypt (EGP bn) 3,206.380 2027 yearly 1999 - 2027
El Salvador (SVC bn) 10.028 2027 yearly 1990 - 2027
Equatorial Guinea (XAF bn) 913.417 2027 yearly 1980 - 2027
Eritrea (ERN bn) 17.984 2027 yearly 1992 - 2027
Estonia (EUR bn) 20.966 2027 yearly 1995 - 2027
Swaziland (SZL bn) 28.974 2028 yearly 1981 - 2028
Ethiopia (ETB bn) 2,142.300 2027 yearly 1980 - 2027
Fiji (FJD bn) 3.527 2027 yearly 1992 - 2027
Finland (EUR bn) 161.320 2027 yearly 1980 - 2027
France (EUR bn) 1,607.050 2027 yearly 1980 - 2027
Gabon (XAF bn) 2,846.220 2027 yearly 1990 - 2027
Gambia (GMD bn) 44.068 2027 yearly 2000 - 2027
Georgia (GEL bn) 28.334 2027 yearly 1994 - 2027
Germany (EUR bn) 2,187.930 2027 yearly 1991 - 2027
Ghana (GHS bn) 198.173 2027 yearly 1982 - 2027
Greece (EUR bn) 110.082 2027 yearly 1980 - 2027
Grenada (XCD bn) 1.203 2027 yearly 1990 - 2027
Guatemala (GTQ bn) 120.067 2027 yearly 1995 - 2027
Guinea (GNF bn) 52,157.440 2027 yearly 1990 - 2027
Guinea-Bissau (GWP bn) 263.117 2027 yearly 1991 - 2027
Guyana (GYD bn) 752.536 2027 yearly 1997 - 2027
Haiti (HTG bn) 399.071 2027 yearly 1997 - 2027
Honduras (HNL bn) 172.999 2021 yearly 1990 - 2021
Hong Kong SAR, China (HKD bn) 905.617 2028 yearly 1982 - 2028
Hungary (HUF bn) 39,067.170 2027 yearly 1995 - 2027
Iceland (ISK bn) 2,057.380 2027 yearly 1980 - 2027
India (INR bn) 95,610.490 2028 yearly 1989 - 2028
Indonesia (IDR bn) 4,095,075.070 2027 yearly 1981 - 2027
Iran (IRR bn) 33,205,756.200 2028 yearly 1991 - 2028
Iraq (IQD bn) 167,492.030 2027 yearly 2004 - 2027
Ireland (EUR bn) 147.604 2027 yearly 1980 - 2027
Israel (ILS bn) 825.400 2027 yearly 2000 - 2027
Italy (EUR bn) 1,030.540 2027 yearly 1988 - 2027
Ivory Coast (XOF bn) 9,802.660 2027 yearly 1997 - 2027
Jamaica (JMD bn) 990.037 2028 yearly 1991 - 2028
Japan (JPY bn) 206,229.820 2027 yearly 1980 - 2027
Jordan (JOD bn) 11.308 2027 yearly 1985 - 2027
Kazakhstan (KZT bn) 32,856.480 2027 yearly 1994 - 2027
Kenya (KES bn) 4,229.850 2027 yearly 1982 - 2027
Kiribati (AUD bn) 0.368 2027 yearly 1988 - 2027
South Korea (KRW bn) 702,855.220 2027 yearly 1995 - 2027
Kosovo (EUR bn) 3.271 2027 yearly 2000 - 2027
Kuwait (KWD bn) 28.077 2027 yearly 1990 - 2027
Kyrgyzstan (KGS bn) 479.522 2027 yearly 1993 - 2027
Laos (LAK bn) 40,599.931 2022 yearly 2000 - 2022
Latvia (LVL bn) 18.401 2027 yearly 1998 - 2027
Lebanon (LBP bn) 15,338.560 2020 yearly 1990 - 2020
Lesotho (LSL bn) 25.737 2028 yearly 1983 - 2028
Liberia (LRD bn) 1.326 2027 yearly 2000 - 2027
Libya (LYD bn) 140.963 2027 yearly 1990 - 2027

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Singapore Key Series

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Includes 235 key indicators for Singapore, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 2.0 Dec 2022 quarterly Mar 2012 - Dec 2022
Consolidated Fiscal Balance (USD mn) 1,788.647 Jan 2023 monthly Apr 2011 - Jan 2023
Tax Revenue (USD mn) 4,906.703 Jan 2023 monthly Aug 1987 - Jan 2023
Tax Revenue: % of GDP (%) 9.9 Dec 2022 quarterly Dec 1987 - Dec 2022
National Government Debt (USD mn) 805,548.9 Dec 2022 quarterly Mar 1990 - Dec 2022
Government Debt: % of GDP (%) 167.8 Dec 2022 quarterly Mar 1990 - Dec 2022
Forecast: Government Expenditure (SGD bn) 118.703 2028 yearly 1991 - 2028
Forecast: Government Net Debt (SGD bn) 1,105.480 2028 yearly 1991 - 2028
Forecast: Government Revenue (SGD bn) 145.993 2028 yearly 1991 - 2028
Govt Finance: Cash Surplus / Deficit (SGD mn) 2,369.600 Jan 2023 monthly Apr 2011 - Jan 2023
Govt Revenue: Operating (SGD mn) 7,044.300 Jan 2023 monthly Jan 2003 - Jan 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.997 2027 yearly 1980 - 2027
Trade Balance (USD mn) 4,758.0 Jan 2023 monthly Jan 1976 - Jan 2023
Total Exports (USD mn) 41,285.6 Jan 2023 monthly Jan 1976 - Jan 2023
Total Exports Growth (%) -3.0 Jan 2023 monthly Jan 1977 - Jan 2023
Aluminum: Exports (USD th) 638,380.869 2021 yearly 1995 - 2021
Exports: Medicament (USD th) 10,238,420.942 2021 yearly 1995 - 2021
Exports: Medicinal and Pharmaceutical Product (USD th) 7,279,161.100 2021 yearly 1995 - 2021
Total Imports (USD mn) 33,734.2 Feb 2023 monthly Jan 1964 - Feb 2023
Total Imports Growth (%) -5.8 Jan 2023 monthly Jan 1965 - Jan 2023
Imports: Medicament (USD th) 1,940,269.506 2021 yearly 1995 - 2021
Imports: Medicinal and Pharmaceutical Product (USD th) 1,928,399.104 2021 yearly 1995 - 2021
Total Exports to USA (USD mn) 3,423.660 Feb 2023 monthly Jan 1976 - Feb 2023
Total Imports from USA (USD mn) 3,956.729 Jan 2023 monthly Jan 1976 - Jan 2023
Total Exports to China (USD mn) 5,313.842 Feb 2023 monthly Jan 1975 - Feb 2023
Total Imports from China (USD mn) 5,555.439 Jan 2023 monthly Jan 1975 - Jan 2023
Re Exports: Non Oil (SGD mn) 22,035.26 May 2018 monthly Jan 1976 - May 2018
Domestic Exports: Non Oil (SGD mn) 17,289.94 May 2018 monthly Jan 1976 - May 2018
Exports: Non Oil (SGD mn) 40,168.70 Jul 2018 monthly Jan 1964 - Jul 2018
Exports: Indonesia (SGD mn) 4,196.404 Feb 2023 monthly Jan 2003 - Feb 2023
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 12,018.5 Dec 2022 quarterly Mar 1995 - Dec 2022
Current Account Balance (USD mn) 16,956.3 Dec 2022 quarterly Mar 1986 - Dec 2022
Current Account Balance: % of GDP (%) 14.6 Dec 2022 quarterly Mar 1986 - Dec 2022
Foreign Direct Investment (USD mn) 36,694.7 Dec 2022 quarterly Mar 1995 - Dec 2022
Foreign Direct Investment: % of GDP (%) 31.7 Dec 2022 quarterly Mar 1995 - Dec 2022
Foreign Portfolio Investment (USD mn) 9,946.200 Dec 2022 quarterly Mar 1995 - Dec 2022
Foreign Portfolio Investment: % of GDP (%) 8.6 Dec 2022 quarterly Mar 1995 - Dec 2022
External Debt (USD mn) 1,752,297.8 Sep 2022 quarterly Jun 2003 - Sep 2022
External Debt: % of GDP (%) 419.9 2021 yearly 2003 - 2021
External Debt: Short Term (USD mn) 1,200,975.3 Sep 2022 quarterly Jun 2003 - Sep 2022
External Debt: Short Term: % of GDP (%) 291.8 2021 yearly 2003 - 2021
Forecast: Current Account Balance (USD bn) 61.603 2027 yearly 1980 - 2027
Net International Investment Position (USD mn) 927,616.645 Sep 2022 quarterly Dec 2013 - Sep 2022
BoP: FA: Others: Liabilities (SGD mn) -117,586.200 Dec 2022 quarterly Mar 1986 - Dec 2022
BoP: Net Errors and Omissions (SGD mn) -737.400 Dec 2022 quarterly Mar 1986 - Dec 2022
BoP: Official Reserves (OR): Net (SGD mn) -10,716.200 Dec 2022 quarterly Mar 1986 - Dec 2022
BoP: FA: Direct Investment: Liabilities (SGD mn) 50,904.100 Dec 2022 quarterly Mar 1995 - Dec 2022
BoP: FA: Direct Investment (SGD mn) -34,231.700 Dec 2022 quarterly Mar 1986 - Dec 2022
BoP: CA: Goods: Exports (SGD mn) 184,495.600 Dec 2022 quarterly Mar 1986 - Dec 2022
BoP: FA: Direct Investment: Assets (SGD mn) 16,672.400 Dec 2022 quarterly Mar 1995 - Dec 2022
BoP: FA: Financial Derivatives: Liabilities (SGD mn) -2,334.000 Dec 2022 quarterly Mar 2006 - Dec 2022
BoP: CA: Primary Income Balance: Receipts (SGD mn) 50,936.100 Dec 2022 quarterly Mar 1986 - Dec 2022
BoP: CA: Primary Income Balance (SGD mn) -28,892.900 Dec 2022 quarterly Mar 1986 - Dec 2022
BoP: FA: Financial Derivatives (SGD mn) -2,381.400 Dec 2022 quarterly Mar 2006 - Dec 2022
BoP: CA: Goods: Balance (SGD mn) 41,707.000 Dec 2022 quarterly Mar 1986 - Dec 2022
BoP: FA: Portfolio Inv: Liabilities (SGD mn) 13,797.700 Dec 2022 quarterly Mar 1995 - Dec 2022
BoP: CA: Services: Imports (SGD mn) 89,826.200 Dec 2022 quarterly Mar 1986 - Dec 2022
BoP: CA: Secondary Income Balance (SGD mn) -1,371.300 Dec 2022 quarterly Mar 1986 - Dec 2022
BoP: Financial Account (FA): Net (SGD mn) 33,501.100 Dec 2022 quarterly Mar 1986 - Dec 2022
BoP: FA: Others: Assets (SGD mn) -66,074.500 Dec 2022 quarterly Mar 1986 - Dec 2022
BoP: CA: Goods: Imports (SGD mn) 142,788.600 Dec 2022 quarterly Mar 1986 - Dec 2022
BoP: FA: Others (SGD mn) 51,511.700 Dec 2022 quarterly Mar 1986 - Dec 2022
BoP: FA: Financial Derivatives: Assets (SGD mn) -4,715.400 Dec 2022 quarterly Mar 2006 - Dec 2022
BoP: FA: Portfolio Inv: Assets (SGD mn) 32,400.200 Dec 2022 quarterly Mar 1995 - Dec 2022
BoP: Current Account (CA) Balance (SGD mn) 30,378.200 Sep 2022 quarterly Mar 1986 - Sep 2022
BoP: CA: Primary Income Balance: Payment (SGD mn) 79,829.000 Dec 2022 quarterly Mar 1986 - Dec 2022
BoP: CA: Services: Balance (SGD mn) 12,079.500 Dec 2022 quarterly Mar 1986 - Dec 2022
BoP: CA: Services: Exports (SGD mn) 101,905.700 Dec 2022 quarterly Mar 1986 - Dec 2022
BoP: FA: Portfolio Investment (SGD mn) 18,602.500 Dec 2022 quarterly Mar 1986 - Dec 2022
BoP: FA: PI: Liabilities: Equity & Investment Fund Shares (SGD mn) -5,728.600 2018 yearly 1988 - 2018
BoP: FA: PI: Liabilities: Debt Securities (SGD mn) 1,256.600 2018 yearly 1988 - 2018
International Investment Position (IIP) (SGD mn) 1,108,209.700 Dec 2018 quarterly Dec 2013 - Dec 2018
External Debt: Gross: OL: DTC: Long Term (SGD mn) 207,484.500 Sep 2022 quarterly Jun 2003 - Sep 2022
External Debt: Gross: OL: DTC: Short Term (SGD mn) 1,367,032.900 Jun 2022 quarterly Jun 2003 - Jun 2022
External Debt: Gross (SGD mn) 2,470,312.700 Jun 2022 quarterly Jun 2003 - Jun 2022
External Debt: Gross: OL: OS: Short Term (SGD mn) 318,440.000 Jun 2022 quarterly Jun 2003 - Jun 2022
External Debt: Gross: OL: OS: Long Term (SGD mn) 199,438.900 Sep 2022 quarterly Jun 2003 - Sep 2022
FDI: By Industry: Financial & Insurance Services (SGD mn) 1,413,493.900 2021 yearly 1998 - 2021
Foreign Direct Investment (FDI): Total (SGD mn) 2,478,992.200 2021 yearly 1998 - 2021
FDI: By Industry: Manufacturing (SGD mn) 283,113.000 2021 yearly 1998 - 2021
FDI: By Industry: Professinal, Administrative & Support Services (SGD mn) 226,482.900 2021 yearly 1998 - 2021
FDI: By Industry: Wholesale & Retail Trade (SGD mn) 355,257.200 2021 yearly 1998 - 2021
FDI: By Country: United Kingdom (SGD mn) 115,352.900 2021 yearly 1998 - 2021
FDI: By Country: Switzerland (SGD mn) 87,875.100 2021 yearly 1998 - 2021
FDI: By Country: Netherlands (SGD mn) 54,410.000 2021 yearly 1998 - 2021
FDI: By Country: United States (SGD mn) 597,792.600 2021 yearly 1998 - 2021
FDI: By Country: Japan (SGD mn) 155,401.300 2021 yearly 1998 - 2021
Business Entities (BE): Formation: Total (Number) 5,672.000 Feb 2023 monthly Jan 1970 - Feb 2023
SG: BOP: Current Account: Personal Remittances: Received (USD mn) 0.000 2021 yearly 2005 - 2021
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.3 Dec 2019 quarterly Dec 2008 - Dec 2019
Household Debt: % of GDP (%) 56.1 Dec 2022 quarterly Mar 1995 - Dec 2022
Non-Performing Loans (USD mn) 9,947.940 Dec 2019 quarterly Dec 2008 - Dec 2019
Money Supply M1 (USD mn) 338,745.203 Jan 2023 monthly Mar 2004 - Jan 2023
Money Supply M2 (USD mn) 919,530.136 Jan 2023 monthly Mar 2004 - Jan 2023
M2 Growth (%) 6.2 Jan 2023 monthly Mar 2005 - Jan 2023
Foreign Exchange Reserves (USD mn) 281,305.7 Feb 2023 monthly Apr 2000 - Feb 2023
Foreign Exchange Reserves: % of GDP (%) 59.942 Dec 2022 quarterly Jun 2000 - Dec 2022
Foreign Exchange Reserves: Months of Import (NA) 8.3 Jan 2023 monthly Apr 2000 - Jan 2023
Gold Reserves (USD mn) 4,935.300 Feb 2023 monthly Apr 2000 - Feb 2023
Total Deposits (USD mn) 1,307,918.524 Jan 2023 monthly Jan 1991 - Jan 2023
Total Deposits Growth (%) 8.9 Jan 2023 monthly Jan 1992 - Jan 2023
Domestic Credit (USD mn) 873,907.1 Jan 2023 monthly Mar 2004 - Jan 2023
Domestic Credit Growth (%) 27.7 Jan 2023 monthly Mar 2005 - Jan 2023
Credit to Households (USD bn) 220.616 Sep 2022 quarterly Mar 1991 - Sep 2022
Credit to Private Non-Financial Sector (USD bn) 824.455 Sep 2022 quarterly Dec 1963 - Sep 2022
Household Debt (USD mn) 281,135.5 Jan 2023 monthly Mar 2004 - Jan 2023
Total Loans (USD mn) 969,524.686 Jan 2023 monthly Mar 2004 - Jan 2023
Total Loans Growth (%) -4.21 Jan 2023 monthly Mar 2005 - Jan 2023
Private Debt: % of Nominal GDP (%) 139.70 Dec 2022 quarterly Mar 2004 - Dec 2022
ORA: Other Reserve Assets (USD mn) 472.40 Jul 2018 monthly Apr 2000 - Jul 2018
ORA: Gold Incl Gold Deposits and Gold Swapped (USD mn) 211.70 Jul 2018 monthly Apr 2000 - Jul 2018
DBU: Loans & Advances: CL: Housing & Bridging Loans (SGD mn) 203,114.90 May 2018 monthly Jan 1991 - May 2018
DBU: Loans & Advances: Total, Including Bills Financing (SGD mn) 667,892.20 May 2018 monthly Jan 1980 - May 2018
DBU: Loans & Advances: Consumer Loans (CL) (SGD mn) 264,859.50 May 2018 monthly Mar 2004 - May 2018
DBU: Loans & Advances: Loans to Businesses (LB) (SGD mn) 403,032.70 May 2018 monthly Mar 2004 - May 2018
DBU: Loans & Advances: LB: Professional & Private Individuals (SGD mn) 10,320.90 May 2018 monthly Jan 1991 - May 2018
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -0.4 Feb 2023 monthly Jan 2000 - Feb 2023
Composite Leading Index: 2015=100 (2015=100) 109.300 Mar 2019 quarterly Mar 1978 - Mar 2019

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