Singapore - Government Budget Balance
Singapore: Government Budget Balance
| Mnemonic | GVBAL.ISGP | |
|---|---|---|
| Unit | Mil. SGD, SAAR | |
| Adjustments | Seasonally Adjusted at Annual Rate | |
| Quarterly | 15.67 % | |
| Data | 2026 Q1 | 40,719 |
| 2025 Q4 | 35,202 | |
Series Information
| Source | Singapore Department of Statistics (DOS) |
| Release | Government Accounts - Quarterly |
| Frequency | Quarterly |
| Start Date | 9/30/1969 |
| End Date | 3/31/2026 |
Singapore: Government
| Reference | Last | Previous | Units | Frequency | |
|---|---|---|---|---|---|
| Government Revenues | Apr 2026 | 7,822 | 9,703 | Mil. SGD, NSA | Monthly |
| Government Budget Balance | 2026 Q1 | 40,719 | 35,202 | Mil. SGD, SAAR | Quarterly |
| Government Expenditures | 2026 Q1 | 28,709 | 23,315 | Mil. SGD, NSA | Quarterly |
| Outstanding Public Debt | 2026 Q1 | 1,333,728 | 1,311,126 | Mil. SGD EOP, NSA | Quarterly |
| Outstanding Public Debt - Domestic | 2026 Q1 | 1,333,728 | 1,311,126 | Mil. SGD EOP, NSA | Quarterly |
| Outstanding Public Debt - Foreign | 2026 Q1 | 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.