Total Expenditure (general government) — Value Standard Local Currency in Singapore

Singapore: Total Expenditure (general government) — Value Standard Local Currency was 183,996 million SLC in 2024. ◆ Volatile

Latest (2024)
183,996 million SLC
Change on year
up 19.2%
World rank
66th
of 114 countries
All-time high
183,996 million SLC
in 2024
All-time low
29,741 million SLC
in 2002
Years of data
24
2001–2024

Total Expenditure (general government) — Value Standard Local Currency in Singapore, 2001–2024

50.0k100.0k150.0k200.0k2001201220242001: 33.8k million SLC2002: 29.7k million SLC2003: 30.0k million SLC2004: 31.1k million SLC2005: 30.8k million SLC2006: 34.1k million SLC2007: 36.9k million SLC2008: 44.7k million SLC2009: 47.8k million SLC2010: 46.8k million SLC2011: 50.8k million SLC2012: 47.8k million SLC2013: 52.9k million SLC2014: 58.5k million SLC2015: 74.0k million SLC2016: 71.7k million SLC2017: 75.7k million SLC2018: 82.8k million SLC2019: 81.1k million SLC2020: 132.3k million SLC2021: 103.7k million SLC2022: 137.1k million SLC2023: 154.4k million SLC2024: 184.0k million SLC

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

Analysis

Singapore recorded 183,996 million SLC for total expenditure (general government) — value standard local currency in 2024. That is the highest value across all 24 years on record.

That represents a change of up 19.2% on the previous year and up 214.6% over ten years.

Over the whole period, total expenditure (general government) — value standard local currency in Singapore peaked at 183,996 million SLC in 2024 and was at its lowest, 29,741 million SLC, in 2002.

Singapore ranks 66th of 114 countries on this measure, in the middle of the range.

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

Total Expenditure (general government) — Value Standard Local Currency in Singapore, year by year

Annual values for Total Expenditure (general government) — Value Standard Local Currency in Singapore, 2001 to 2024.
Year million SLC Change
2001 33,831 million SLC
2002 29,741 million SLC -12.1%
2003 29,975 million SLC +0.8%
2004 31,110 million SLC +3.8%
2005 30,765 million SLC -1.1%
2006 34,094 million SLC +10.8%
2007 36,913 million SLC +8.3%
2008 44,738 million SLC +21.2%
2009 47,774 million SLC +6.8%
2010 46,759 million SLC -2.1%
2011 50,783 million SLC +8.6%
2012 47,845 million SLC -5.8%
2013 52,894 million SLC +10.6%
2014 58,488 million SLC +10.6%
2015 73,972 million SLC +26.5%
2016 71,702 million SLC -3.1%
2017 75,698 million SLC +5.6%
2018 82,773 million SLC +9.3%
2019 81,063 million SLC -2.1%
2020 132,279 million SLC +63.2%
2021 103,709 million SLC -21.6%
2022 137,081 million SLC +32.2%
2023 154,376 million SLC +12.6%
2024 183,996 million SLC +19.2%

Averages by decade

DecadeAverage LowestHighest Years
2000s 35,438 million SLC 29,741 million SLC 47,774 million SLC 9
2010s 64,198 million SLC 46,759 million SLC 82,773 million SLC 10
2020s 142,288 million SLC 103,709 million SLC 183,996 million SLC 5

Countries ranked near Singapore

  1. 63 Peru 250,407 million SLC compare
  2. 64 Mauritius 227,220 million SLC compare
  3. 65 Qatar 207,668 million SLC compare
  4. 67 New Zealand 176,047 million SLC compare
  5. 68 Finland 159,403 million SLC compare
  6. 69 Guatemala 139,743 million SLC compare

See the full ranking of 123 places →

More economy & growth data for Singapore

All data for Singapore →

Frequently asked questions

What is total expenditure (general government) — value standard local currency in Singapore?
Total expenditure (general government) — value standard local currency in Singapore was 183,996 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest total expenditure (general government) — value standard local currency recorded in Singapore?
The highest recorded value was 183,996 million SLC in 2024.
What is the lowest total expenditure (general government) — value standard local currency recorded in Singapore?
The lowest recorded value was 29,741 million SLC in 2002.
How does Singapore rank for total expenditure (general government) — value standard local currency?
Singapore ranks 66th out of 114 countries with data for 2024.
Is total expenditure (general government) — value standard local currency rising or falling in Singapore?
Over the last ten years it is up 214.6%. 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 (general government) — Value Standard Local Currency. Statizoid updates them automatically from the source API.

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Total Expenditure (general government) — Value Standard Local Currency in Singapore. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 01 September 2026, from https://economy.statizoid.com/stat/total-expenditure-general-government-value-standard-local-currency/singapore/

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About this data

Indicator
Total Expenditure (general government) — Value Standard Local Currency
Unit
million SLC
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
123 places, 2,235 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.