Singapore - General government final consumption expenditure (% of GDP)

General government final consumption expenditure (% of GDP) in Singapore was 12.42 as of 2020. Its highest value over the past 60 years was 13.39 in 1985, while its lowest value was 7.53 in 1960.

Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 7.53
1961 8.89
1962 9.39
1963 9.86
1964 10.32
1965 10.36
1966 10.52
1967 10.17
1968 10.33
1969 11.07
1970 11.83
1971 12.48
1972 11.98
1973 10.82
1974 10.21
1975 10.48
1976 10.38
1977 10.58
1978 10.80
1979 9.73
1980 9.65
1981 9.39
1982 10.72
1983 10.71
1984 10.61
1985 13.39
1986 12.67
1987 11.51
1988 9.86
1989 9.73
1990 9.51
1991 9.25
1992 8.83
1993 9.01
1994 8.17
1995 8.25
1996 8.95
1997 8.76
1998 9.49
1999 9.39
2000 10.50
2001 11.61
2002 11.84
2003 11.41
2004 10.32
2005 9.90
2006 9.91
2007 9.14
2008 10.11
2009 9.93
2010 9.69
2011 9.24
2012 8.86
2013 9.74
2014 9.63
2015 10.19
2016 10.28
2017 10.18
2018 10.00
2019 10.30
2020 12.42

Limitations and Exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total.

Statistical Concept and Methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts