Singapore Government Budget
Singapore recorded a Government Budget surplus equal to 1.10 percent of the country's Gross Domestic Product in 2013. Government Budget in Singapore averaged 9.27 Percent of GDP from 1990 until 2013, reaching an all time high of 21.23 Percent of GDP in 1994 and a record low of -0.50 Percent of GDP in 2009. Government Budget in Singapore is reported by the Monetary Authority of Singapore.
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Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Singapore Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.