Singapore Public Consumption: % of GDP

1960 - 2019 | Yearly | % | CEIC Data

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:

Singapore Public Consumption: % of GDP

What was Singapore's Public Consumption: % of GDP in 2019?

Last Previous Min Max Unit Frequency Range
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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Includes Public Consumption: % of GDP on 115 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
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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Includes 274 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 (%) -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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