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Singapore: Government deficit (% of GDP)

Percent of GDP · 1963–2025 · 63 observations · forecasts to 2031 · govdef_GDP

2025
4.16%percent of GDP
Change on 2024
+0.4 pointsfrom 3.79%
Average, 2016–2025
2.29%10 years
Record high and low
10.2% (1985)low −6.68% (2020)

Government deficit (% of GDP)

Report error
-10%-5%0%5%10%15%1970198019902000201020202030SingaporeSingapore
ForecastPercent of GDP

Compare with other countries →Definition of Government deficit (% of GDP)

Recent values

Percent of GDP

YearValue
20311.84Forecast
20301.80Forecast
20292.07Forecast
20282.49Forecast
20272.93Forecast
20263.31Forecast
20254.16
20243.79
20233.42
20221.20
20211.11
2020-6.68
20193.76
20183.67
20175.23
20163.24

Sources

This series is derived from other GMD variables.

Singapore documentation (PDF)

More for Singapore

Real GDP per capita (USD)Nominal GDPReal GDPInflationUnemployment rateGovernment debt (% of GDP)All 75 series →

Government deficit (% of GDP) elsewhere

United StatesChinaJapanGermanyUnited KingdomFrance

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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