Total Expenditure (central government) — Value US$ in Singapore

Singapore: Total Expenditure (central government) — Value US$ was 137,698 million USD in 2024. ◆ Volatile

Latest (2024)
137,698 million USD
Change on year
up 19.8%
World rank
25th
of 173 countries
All-time high
137,698 million USD
in 2024
All-time low
16,610 million USD
in 2002
Years of data
24
2001–2024

Total Expenditure (central government) — Value US$ in Singapore, 2001–2024

25.0k50.0k75.0k100.0k125.0k150.0k2001201220242001: 18.9k million USD2002: 16.6k million USD2003: 17.2k million USD2004: 18.4k million USD2005: 18.5k million USD2006: 21.5k million USD2007: 24.5k million USD2008: 31.6k million USD2009: 32.8k million USD2010: 34.3k million USD2011: 40.4k million USD2012: 38.3k million USD2013: 42.3k million USD2014: 46.2k million USD2015: 53.8k million USD2016: 51.9k million USD2017: 54.8k million USD2018: 61.4k million USD2019: 59.4k million USD2020: 95.9k million USD2021: 77.2k million USD2022: 99.4k million USD2023: 115.0k million USD2024: 137.7k million USD

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

In 2024, total expenditure (central government) — value us$ in Singapore stood at 137,698 million USD. That is the highest value across all 24 years on record.

Compared with earlier readings it is up 19.8% on the previous year and up 198.3% over ten years.

Over the whole period, total expenditure (central government) — value us$ in Singapore peaked at 137,698 million USD in 2024 and was at its lowest, 16,610 million USD, in 2002.

That places Singapore 25th out of 173 countries with data for 2024, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Total Expenditure (central government) — Value US$ in Singapore, year by year

Annual values for Total Expenditure (central government) — Value US$ in Singapore, 2001 to 2024.
Year million USD Change
2001 18,882 million USD
2002 16,610 million USD -12.0%
2003 17,205 million USD +3.6%
2004 18,406 million USD +7.0%
2005 18,484 million USD +0.4%
2006 21,457 million USD +16.1%
2007 24,493 million USD +14.1%
2008 31,620 million USD +29.1%
2009 32,845 million USD +3.9%
2010 34,293 million USD +4.4%
2011 40,375 million USD +17.7%
2012 38,286 million USD -5.2%
2013 42,271 million USD +10.4%
2014 46,160 million USD +9.2%
2015 53,805 million USD +16.6%
2016 51,900 million USD -3.5%
2017 54,817 million USD +5.6%
2018 61,366 million USD +11.9%
2019 59,423 million USD -3.2%
2020 95,872 million USD +61.3%
2021 77,194 million USD -19.5%
2022 99,430 million USD +28.8%
2023 114,968 million USD +15.6%
2024 137,698 million USD +19.8%

Averages by decade

DecadeAverage LowestHighest Years
2000s 22,222 million USD 16,610 million USD 32,845 million USD 9
2010s 48,270 million USD 34,293 million USD 61,366 million USD 10
2020s 105,032 million USD 77,194 million USD 137,698 million USD 5

Countries ranked near Singapore

  1. 22 Norway 189,819 million USD compare
  2. 23 Belgium 186,660 million USD compare
  3. 24 Denmark 145,565 million USD compare
  4. 26 Romania 119,438 million USD compare
  5. 27 Ireland 114,834 million USD compare
  6. 28 Thailand 112,433 million USD compare

See the full ranking of 188 places →

More economy & growth data for Singapore

All data for Singapore →

Frequently asked questions

What is total expenditure (central government) — value us$ in Singapore?
Total expenditure (central government) — value us$ in Singapore was 137,698 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest total expenditure (central government) — value us$ recorded in Singapore?
The highest recorded value was 137,698 million USD in 2024.
What is the lowest total expenditure (central government) — value us$ recorded in Singapore?
The lowest recorded value was 16,610 million USD in 2002.
How does Singapore rank for total expenditure (central government) — value us$?
Singapore ranks 25th out of 173 countries with data for 2024.
Is total expenditure (central government) — value us$ rising or falling in Singapore?
Over the last ten years it is up 198.3%. The long-run trend across the full record is volatile.
Where does this Singapore data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Expenditure (central government) — Value US$. Statizoid updates them automatically from the source API.

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Total Expenditure (central government) — Value US$ in Singapore. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 23 August 2026, from https://economy.statizoid.com/stat/total-expenditure-central-government-value-us/singapore/

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About this data

Indicator
Total Expenditure (central government) — Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
188 places, 3,857 data points, 2001–2024
Last refreshed

The Statistics Division of FAO collects annually data on Government Expenditure on Agriculture through a questionnaire, which was developed in partnership with the International Monetary Fund (IMF). The IMF is the responsible institution for the Government Finance Statistics (GFS) methodology and annually collects GFS data, including Expenditure by Functions of Government (COFOG). The Classification of the Functions of Government (COFOG) is an international classification developed by Organisation for Economic Co-operation and Development (OECD) and published by the United Nations Statistical Division (UNSD), with the aim of categorise governments' functions according to their purposes. The FAO questionnaire aligns with Table 7 of the IMF GFS questionnaire, replicates the relevant aggregates and drills down to request additional detail related to Agriculture. The FAO dataset consists of a time series, from 2001 onwards, of Total Government Expenditure and expenditure in: Agriculture, Forestry, Fishing and Hunting, along with its three disaggregated subsectors of Agriculture, Forestry and Fishing; and Environmental Protection. In addition, expenditure in each detailed function are further disaggregated into Recurrent and Capital expenditure. Additional indicators include the Agriculture Share of Government Expenditure, and the Agriculture Orientation Index (ratio between the Agriculture Share of Government Expenditure and the Agriculture Value Added as Share of GDP). Data are reported for the highest level of government available (Consolidated general government, consolidated central government or budgetary central government) and are available for about 100 countries on a regular basis.