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Singapore Fiscal Balance
4.2% GDPas of 2025
Singapore's fiscal balance stands at 4.2% GDP as of 2025. The indicator has remained relatively stable from 4.6% in 2014 to 4.2% in 2025. Source: IMF WEO.
Historical trend (2014–2025)
Fiscal Balance — Year by Year
| Year | Value | Change |
|---|---|---|
| 2014 | 4.6% GDP | — |
| 2015 | 2.9% GDP | -1.7pp |
| 2016 | 3.2% GDP | +0.3pp |
| 2017 | 5.2% GDP | +2.0pp |
| 2018 | 3.7% GDP | -1.5pp |
| 2019 | 3.8% GDP | +0.1pp |
| 2020 | -6.7% GDP | -10.5pp |
| 2021 | 1.1% GDP | +7.8pp |
| 2022 | 1.2% GDP | +0.1pp |
| 2023 | 3.4% GDP | +2.2pp |
| 2024 | 3.8% GDP | +0.4pp |
| 2025 | 4.2% GDP | +0.4pp |
Source: IMF WEO. Data retrieved from World Bank WDI and IMF WEO databases. Values represent official estimates; may be subject to revision.