Singapore (2023)
17.3
% of GDP
+2.5pp YoY
YoY Change
+2.5pp
percentage points
Trend
up
Series length
35
years of data

Data

Year% of GDPYoY Change
202317.3+2.5pp
202214.8-1.5pp
202116.3-9.5pp
202025.8+11.6pp
201914.2-0.5pp
201814.7+0.4pp
201714.3-0.1pp
201614.4-1.5pp
201515.9+2.8pp
201413.2+0.8pp
201312.4-0pp
201212.4-0.4pp
201112.8+0.4pp
201012.4-1.9pp
200914.3-0.2pp
200814.5+2.4pp
200712.2-0.9pp
200613.1+0.5pp
200512.6-1.8pp
200414.4n/a

About this Dataset

Singapore recorded 17.3 % of GDP in 2023. The most recent year-on-year change was +2.5pp. The historical series (1990–2023) shows a peak of 25.7 in 2020 and a trough of 10.9 in 1994.

Data sourced from World Bank Open Data API. Values use World Bank standardised methodology ensuring cross-country comparability.

The chart above shows the full historical trend; the table below lists annual values with year-on-year changes.

Frequently Asked Questions

This indicator tracks singapore government expenditure (% of gdp) in Singapore, published by World Bank. Data covers 1990–2023 at annual frequency using harmonised methodology.
The most recent observation covers 2023. World Bank typically publishes this series with a lag of several months after the reference period. Data is updated annual.
The series peaked at 25.7 % of GDP in 2020 and reached its lowest recorded value of 10.9 in 1994. The latest reading of 17.3 in 2023 represents a year-on-year change of +2.5pp.