The general government final consumption expenditure of Singapore in 2024 amounted to 57 991 million USD, which is 14.74% more than in 2023, when it was 50 540 million USD. It has been growing in this country for already 15 years in a row. Over the entire data period, since 1960, this indicator has increased in 1 093.13 times. The lowest government consumption expenditure in the service sector was recorded in 1960, when it was 53 million USD. The maximum value of Singapore was in 2024, when it reached 57 991 million USD.
The general government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.
General government consumption | Singapore – yearly data, chart and table
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Primary data
Change
Per capita
Per month
Per 1000 km2 surface area
PPP
In constant 2015 dollars
In local currency (average annual exchange rate)
Percent of GDP
Percent of GNI
Percent of total consumption
Table
Chart
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Overview
Additional infomation:
About indicator
General government final consumption expenditure 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. Data are in current U.S. dollars.
