Singapore - Government Budget Balance





Singapore: Government Budget Balance

Mnemonic GVBAL.ISGP
Unit Mil. SGD, SAAR
Adjustments Seasonally Adjusted at Annual Rate
Quarterly 72.18 %
Data 2023 Q4 4,399
2023 Q3 15,811

Series Information

Source Singapore Department of Statistics (DOS)
Release Government Accounts - Quarterly
Frequency Quarterly
Start Date 9/30/1969
End Date 12/31/2023

Singapore: Government

Reference Last Previous Units Frequency
Government Revenues Jan 2024 6,488 6,058 Mil. SGD, NSA Monthly
Government Budget Balance 2023 Q4 4,399 15,811 Mil. SGD, SAAR Quarterly
Government Expenditures 2023 Q4 20,666 20,062 Mil. SGD, NSA Quarterly
Outstanding Public Debt 2023 Q4 1,150,259 1,120,973 Mil. SGD EOP, NSA Quarterly
Outstanding Public Debt - Domestic 2023 Q4 1,150,259 1,120,973 Mil. SGD EOP, NSA Quarterly
Outstanding Public Debt - Foreign 2023 Q4 0 0 Mil. SGD EOP, NSA Quarterly

Release Information

For Singapore, general government operating finances by caetgory: monthly revenue (tax, fees, etc.) and quarterly expenditures (administration, health, security, etc.).

  • Framework: IMF GFSM 2014
  • Measurement: Millions of Singapore dollars (Mil. SGD)
  • Adjustment: Not seasonally adjusted (NSA)
  • Native frequency: Monthly
  • Start date: As early as 1969m7

The data for central government are based on accounting records maintained by the Accountant-General’s Department of the Ministry of Finance. The data for statutory boards are based on annual financial statements prepared by the respective units.

Government operating expenditure refers to expenditure on manpower, other operating expenditure (excluding expenses on investment and agency fees on land sales) and operating grants.

"Info-communications and media development" was re-classified from Info-Communications Technology to include expenditure related to Media Development Programme from April 2007 onwards.

Figures may not add up due to rounding.

Moody's Analytics supplements

We seasonally adjust general government monthly revenue and quarterly expenditure using the U.S. Census Bureau's X-13 ARIMA program, in annualized terms (SAAR).

The data are audited, and are final at the time of release.

Further reading

At the IMF (SDDS):