Singapore - Goods and services expense

Goods and services expense (current LCU)

The value for Goods and services expense (current LCU) in Singapore was 24,891,470,000 as of 2019. As the graph below shows, over the past 47 years this indicator reached a maximum value of 25,206,990,000 in 2018 and a minimum value of 396,000,000 in 1972.

Definition: Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1972 396,000,000
1973 437,000,000
1974 519,000,000
1975 769,000,000
1976 875,000,000
1977 1,070,000,000
1978 970,000,000
1979 1,134,000,000
1980 1,430,000,000
1981 2,333,000,000
1982 2,160,000,000
1983 2,058,000,000
1984 2,653,000,000
1985 2,045,000,000
1986 1,879,000,000
1987 2,054,000,000
1988 2,373,000,000
1989 2,646,000,000
1990 3,413,000,000
1991 3,506,000,000
1992 3,902,000,000
1993 4,166,000,000
1994 4,560,000,000
1995 5,674,000,000
1996 6,073,000,000
1997 6,757,000,000
1998 7,389,000,000
1999 7,661,000,000
2000 8,557,000,000
2001 8,945,000,000
2002 9,197,000,000
2003 9,292,000,000
2004 9,671,999,000
2005 10,604,000,000
2006 11,143,000,000
2007 14,414,000,000
2008 15,791,000,000
2009 14,367,000,000
2010 14,511,800,000
2011 14,564,200,000
2012 14,899,900,000
2013 15,720,300,000
2014 17,147,200,000
2015 19,299,300,000
2016 20,747,110,000
2017 22,937,100,000
2018 25,206,990,000
2019 24,891,470,000

Goods and services expense (% of expense)

Goods and services expense (% of expense) in Singapore was 34.23 as of 2019. Its highest value over the past 47 years was 43.51 in 2007, while its lowest value was 16.70 in 1987.

Definition: Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
1972 31.81
1973 30.37
1974 30.62
1975 36.88
1976 37.65
1977 39.87
1978 34.45
1979 34.80
1980 36.07
1981 43.05
1982 39.29
1983 32.76
1984 33.84
1985 27.88
1986 20.28
1987 16.70
1988 23.40
1989 24.59
1990 28.37
1991 24.97
1992 27.78
1993 29.19
1994 37.11
1995 38.22
1996 27.67
1997 33.34
1998 32.76
1999 35.46
2000 32.87
2001 30.60
2002 34.38
2003 34.27
2004 34.56
2005 39.58
2006 36.14
2007 43.51
2008 39.74
2009 35.57
2010 35.75
2011 32.45
2012 32.63
2013 33.01
2014 32.68
2015 28.62
2016 32.59
2017 33.83
2018 33.75
2019 34.23

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance