Singapore Government Budget
4.2%▲ +0.37 pt
Dec 2025 · Annual
Singapore's budget balance reached 4.16% of GDP in 2025, up from 3.79% in the prior year. The surplus remains well below the all-time high of 7.96% recorded in 2011 but is far above the record deficit of -6.68% posted in 2020. Data span from 1990.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| 4.2% | 3.8% | 8.0%Dec 2011 | -6.7%Dec 2020 | 1990 – 2025 | Annual |
Related indicators
| Indicator | Last | Previous | Highest | Lowest | Last updated | Frequency |
|---|---|---|---|---|---|---|
| Government Debt to GDP | 171.3% | 166.0% | 171.3% | 69.8% | Dec 2025 | Annual |
| Tax Revenue to GDP | 13.6% | 13.7% | 18.9% | 11.6% | Dec 2024 | Annual |
About this series
Government Budget in Singapore averaged 3.4% from 1990 until 2025, reaching an all-time high of 8.0% in Dec 2011 and a record low of -6.7% in Dec 2020. The series is reported yearly with history from 1990.
This indicator measures Singapore's general government budget balance as a percentage of its gross domestic product. It is reported on an annual basis and tracks fiscal performance relative to economic output. Data are available from 1990 onward.
Source & methodology
We use primary economic sources for every country. See our methodology page for how we source and verify this data.
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