Singapore Public Consumption: % of GDP
Singapore's Public Consumption accounted for 10.3 % of its Nominal GDP in Dec 2019, compared with a share of 10.1 % in the previous year. Singapore's Public Consumption share of Nominal GDP ratio is updated yearly, available from Dec 1960 to Dec 2019, with an average number of 10.1 %. The data reached an all-time high of 13.4 % in Dec 1985 and a record low of 7.5 % in Dec 1960. CEIC calculates Government Consumption as % of Nominal GDP from annual Government Consumption Expenditure and annual Nominal GDP. The Department of Statistics provides Government Consumption Expenditure in local currency. The Ministry of Trade and Industry provides Nominal GDP in local currency.
In the latest reports, Singapore's GDP contracted 13.2 % YoY in Jun 2020. Singapore's Nominal GDP reached 73.9 USD bn in Jun 2020. Its GDP deflator (implicit price deflator) fell 5.7 % in Jun 2020. Singapore's GDP Per Capita reached 65,233.0 USD in Dec 2019. Its Gross Savings Rate was measured at 46.1 % in Dec 2019.
View Singapore's Public Consumption: % of GDP from 1960 to 2019 in the chart:
What was Singapore's Public Consumption: % of GDP in 2019?
|10.3 2019||10.1 2018||7.5 1960||13.4 1985||%||yearly||1960 - 2019|
Public Consumption: % of GDP by Country Comparison
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|Albania (%)||11.5 Sep 2020||quarterly||Mar 2008 - Sep 2020|
|Algeria (%)||16.9 2019||yearly||1950 - 2019|
|Argentina (%)||15.4 Sep 2020||quarterly||Mar 1993 - Sep 2020|
|Armenia (%)||16.5 Jun 2020||quarterly||Dec 1994 - Jun 2020|
|Australia (%)||21.5 Sep 2020||quarterly||Sep 1959 - Sep 2020|
|Austria (%)||20.5 Sep 2020||quarterly||Mar 1988 - Sep 2020|
|Azerbaijan (%)||10.5 Mar 2020||quarterly||Mar 2001 - Mar 2020|
|Bahrain (%)||16.3 2018||yearly||1975 - 2018|
|Bangladesh (%)||6.2 2020||yearly||1960 - 2020|
|Belarus (%)||14.7 Sep 2020||quarterly||Mar 1994 - Sep 2020|
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Singapore Key Series
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|Government and Public Finance||Last||Frequency||Range|
|Consolidated Fiscal Balance: % of GDP (%)||-5.7 Sep 2020||quarterly||Mar 2012 - Sep 2020|
|Consolidated Fiscal Balance (USD mn)||62.665 Sep 2020||monthly||Apr 2011 - Sep 2020|
|Tax Revenue (USD mn)||5,150.330 Nov 2020||monthly||Aug 1987 - Nov 2020|
|Tax Revenue: % of GDP (%)||13.7 Sep 2020||quarterly||Dec 1987 - Sep 2020|
|National Government Debt (USD mn)||505,455.3 Sep 2020||quarterly||Mar 1990 - Sep 2020|
|Government Debt: % of GDP (%)||147.0 Sep 2020||quarterly||Mar 1990 - Sep 2020|
|Forecast: Government Expenditure (SGD bn)||86.441 2025||yearly||1990 - 2025|
|Forecast: Government Net Debt (SGD bn)||795.470 2025||yearly||1990 - 2025|
|Forecast: Government Revenue (SGD bn)||101.605 2025||yearly||1990 - 2025|
|Govt Finance: Cash Surplus / Deficit (SGD mn)||188.300 Nov 2020||monthly||Apr 2011 - Nov 2020|
|Govt Revenue: Operating (SGD mn)||7,367.200 Nov 2020||monthly||Jan 2003 - Nov 2020|
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