Singapore Forecast: Government Revenue

1991 - 2031 | Yearly | SGD bn | International Monetary Fund

Key information about Singapore Government Revenue Forecast

  • Singapore Government Revenue is forecasted to be 149.914 SGD bn in Mar 2026 as reported by International Monetary Fund
  • It records an increase from the last reported number of 140.647 SGD bn in Mar 2025
  • Looking ahead, Singapore Government Revenue is projected to stand at 186.395 SGD bn in Mar 2031
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: General Government Revenue

View Singapore's Forecast: Government Revenue from 1991 to 2031 in the chart:

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Singapore Forecast: Government Revenue
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Singapore Forecast: Government Revenue

What is Singapore's Forecast: Government Revenue in 2031?

Singapore Government Revenue is forecasted to be 149.914 SGD bn in Mar 2026 as reported by International Monetary Fund See the table below for more data.

Last Previous Min Max Unit Frequency Range
186.395 2031 178.205 2030 12.653 2002 1,740.928 2022 SGD bn yearly 1991 - 2031

Forecast: Government Revenue by Country Comparison

country/region Last Frequency Range
Afghanistan (AFA bn) 241.292 2024 yearly 2002 - 2024
Albania (ALL bn) 1,053.216 2030 yearly 1997 - 2030
Algeria (DZD bn) 12,010.094 2030 yearly 1990 - 2030
Andorra (EUR bn) 1.822 2030 yearly 2001 - 2030
Angola (AOA bn) 38,056.659 2030 yearly 1996 - 2030
Antigua and Barbuda (XCD bn) 1.620 2030 yearly 1990 - 2030
Argentina (ARS bn) 540,015.956 2030 yearly 1993 - 2030
Armenia (AMD bn) 4,103.654 2030 yearly 1993 - 2030
Aruba (AWG bn) 2.173 2030 yearly 1995 - 2030
Australia (AUD bn) 1,288.528 2030 yearly 1988 - 2030
Austria (EUR bn) 308.557 2030 yearly 1988 - 2030
Azerbaijan (AZN bn) 51.991 2030 yearly 1994 - 2030
Bahamas (BSD bn) 4.141 2030 yearly 1990 - 2030
Bahrain (BHD bn) 4.133 2030 yearly 1990 - 2030
Bangladesh (BDT bn) 9,712.409 2030 yearly 1980 - 2030
Barbados (BBD bn) 5.372 2031 yearly 1995 - 2031
Belarus (BYN bn) 155.779 2030 yearly 1996 - 2030
Belgium (EUR bn) 363.969 2030 yearly 1980 - 2030
Belize (BZD bn) 2.018 2030 yearly 1996 - 2030
Benin (XOF bn) 3,734.410 2030 yearly 1989 - 2030
Bhutan (BTN bn) 137.517 2030 yearly 1981 - 2030
Bolivia (BOB bn) 98.187 2025 yearly 1984 - 2025
Bosnia and Herzegovina (BAM bn) 31.118 2030 yearly 1998 - 2030
Botswana (BWP bn) 101.797 2031 yearly 2000 - 2031
Brazil (BRL bn) 6,819.817 2030 yearly 2001 - 2030
Brunei (BND bn) 4.344 2030 yearly 1980 - 2030
Bulgaria (BGN bn) 99.415 2030 yearly 1998 - 2030
Burkina Faso (XOF bn) 5,078.715 2030 yearly 1985 - 2030
Burundi (BIF bn) 11,905.949 2030 yearly 1990 - 2030
Cambodia (KHR bn) 41,234.609 2030 yearly 1996 - 2030
Cameroon (XAF bn) 7,896.300 2030 yearly 2000 - 2030
Canada (CAD bn) 1,616.767 2030 yearly 1980 - 2030
Cape Verde (CVE bn) 108.572 2030 yearly 1994 - 2030
Central African Republic (XAF bn) 412.405 2030 yearly 1988 - 2030
Chad (XAF bn) 2,794.307 2030 yearly 1995 - 2030
Chile (CLP bn) 110,449.471 2030 yearly 1990 - 2030
China (RMB bn) 46,955.678 2030 yearly 1982 - 2030
Colombia (COP bn) 717,131.847 2030 yearly 1980 - 2030
Comoros (KMF bn) 172.072 2030 yearly 1984 - 2030
Congo (XAF bn) 2,969.564 2030 yearly 1989 - 2030
Costa Rica (CRC bn) 10,537.659 2030 yearly 1990 - 2030
Croatia (EUR bn) 52.662 2030 yearly 1992 - 2030
Cyprus (EUR bn) 19.216 2030 yearly 1995 - 2030
Czech Republic (CZK bn) 4,121.653 2030 yearly 1995 - 2030
Democratic Republic of Congo (CDF bn) 65,382.985 2030 yearly 1996 - 2030
Denmark (DKK bn) 1,820.316 2030 yearly 1980 - 2030
Djibouti (DJF bn) 212.668 2030 yearly 1990 - 2030
Dominica (XCD bn) 1.096 2030 yearly 1990 - 2030
Dominican Republic (DOP bn) 1,910.830 2030 yearly 1997 - 2030
Ecuador (USD bn) 45.876 2024 yearly 1995 - 2024
Egypt (EGP bn) 5,888.026 2030 yearly 1999 - 2030
El Salvador (SVC bn) 13.015 2030 yearly 1990 - 2030
Equatorial Guinea (XAF bn) 1,312.353 2030 yearly 1980 - 2030
Eritrea (ERN bn) 10.150 2019 yearly 1992 - 2019
Estonia (EUR bn) 21.555 2030 yearly 1995 - 2030
Swaziland (SZL bn) 38.666 2031 yearly 1981 - 2031
Ethiopia (ETB bn) 4,261.468 2030 yearly 1980 - 2030
Fiji (FJD bn) 4.845 2030 yearly 1992 - 2030
Finland (EUR bn) 175.335 2030 yearly 1980 - 2030
France (EUR bn) 1,777.438 2030 yearly 1980 - 2030
Gabon (XAF bn) 2,848.389 2030 yearly 1990 - 2030
Gambia (GMD bn) 63.874 2030 yearly 2000 - 2030
Georgia (GEL bn) 43.587 2030 yearly 1994 - 2030
Germany (EUR bn) 2,497.167 2030 yearly 1991 - 2030
Ghana (GHS bn) 449.164 2030 yearly 1982 - 2030
Greece (EUR bn) 141.673 2030 yearly 1980 - 2030
Grenada (XCD bn) 1.446 2030 yearly 1990 - 2030
Guatemala (GTQ bn) 166.708 2030 yearly 1995 - 2030
Guinea (GNF bn) 72,224.413 2030 yearly 1990 - 2030
Guinea-Bissau (GWP bn) 338.112 2030 yearly 1991 - 2030
Guyana (GYD bn) 1,781.804 2030 yearly 1997 - 2030
Haiti (HTG bn) 566.747 2030 yearly 1997 - 2030
Honduras (HNL bn) 368.897 2030 yearly 1990 - 2030
Hong Kong SAR, China (HKD bn) 909.007 2031 yearly 1982 - 2031
Hungary (HUF bn) 48,998.112 2030 yearly 1995 - 2030
Iceland (ISK bn) 2,770.902 2030 yearly 1980 - 2030
India (INR bn) 122,422.622 2031 yearly 1989 - 2031
Indonesia (IDR bn) 4,914,924.869 2030 yearly 1981 - 2030
Iran (IRR bn) 134,024,927.122 2031 yearly 1991 - 2031
Iraq (IQD bn) 159,991.873 2030 yearly 2004 - 2030
Ireland (EUR bn) 182.964 2030 yearly 1980 - 2030
Israel (ILS bn) 1,023.369 2030 yearly 2000 - 2030
Italy (EUR bn) 1,208.245 2030 yearly 1988 - 2030
Ivory Coast (XOF bn) 17,193.755 2030 yearly 1997 - 2030
Jamaica (JMD bn) 1,439.217 2031 yearly 1991 - 2031
Japan (JPY bn) 265,307.900 2030 yearly 1980 - 2030
Jordan (JOD bn) 13.771 2030 yearly 1985 - 2030
Kazakhstan (KZT bn) 57,835.140 2030 yearly 1994 - 2030
Kenya (KES bn) 5,159.680 2030 yearly 1982 - 2030
Kiribati (AUD bn) 0.526 2030 yearly 1988 - 2030
South Korea (KRW bn) 736,053.817 2030 yearly 1995 - 2030
Kosovo (EUR bn) 4.573 2030 yearly 2000 - 2030
Kuwait (KWD bn) 44.112 2030 yearly 1985 - 2030
Kyrgyzstan (KGS bn) 993.554 2030 yearly 1993 - 2030
Laos (LAK bn) 40,599.931 2022 yearly 2000 - 2022
Latvia (EUR bn) 22.340 2030 yearly 1998 - 2030
Lebanon (LBP bn) 412,671.931 2024 yearly 1990 - 2024
Lesotho (LSL bn) 35.265 2031 yearly 1983 - 2031
Liberia (LRD bn) 1.464 2030 yearly 2000 - 2030
Libya (LYD bn) 164.654 2030 yearly 1990 - 2030

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Singapore Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 2.2 Sep 2025 quarterly Mar 2012 - Sep 2025
Consolidated Fiscal Balance (USD mn) 926.421 Oct 2025 monthly Apr 2011 - Oct 2025
Tax Revenue (USD mn) 4,385.191 Oct 2025 monthly Aug 1987 - Oct 2025
Tax Revenue: % of GDP (%) 16.1 Sep 2025 quarterly Dec 1987 - Sep 2025
National Government Debt (USD mn) 1,010,431.8 Sep 2025 quarterly Mar 1990 - Sep 2025
Government Debt: % of GDP (%) 173.4 Sep 2025 quarterly Mar 1990 - Sep 2025
Forecast: Government Expenditure (SGD bn) 168.350 2031 yearly 1991 - 2031
Forecast: Government Net Debt (SGD bn) 1,657.979 2031 yearly 1991 - 2031
Forecast: Government Revenue (SGD bn) 186.395 2031 yearly 1991 - 2031
Govt Finance: Cash Surplus / Deficit (SGD mn) 1,199.900 Oct 2025 monthly Apr 2011 - Oct 2025
Govt Revenue: Operating (SGD mn) 6,779.200 Oct 2025 monthly Jan 2003 - Oct 2025
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.246 2030 yearly 1980 - 2030
Trade Balance (USD mn) 5,573.4 Oct 2025 monthly Jan 1976 - Oct 2025
Total Exports (USD mn) 51,432.0 Oct 2025 monthly Jan 1976 - Oct 2025
Total Exports Growth (%) 24.6 Oct 2025 monthly Jan 1977 - Oct 2025
Aluminum: Exports (USD th) 804,810.730 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 8,129,174.836 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 9,478,814.484 2024 yearly 1995 - 2024
Total Imports (USD mn) 45,858.6 Oct 2025 monthly Jan 1964 - Oct 2025
Total Imports Growth (%) 20.3 Oct 2025 monthly Jan 1965 - Oct 2025
Imports: Medicament (USD th) 2,332,947.888 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 3,832,220.692 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 4,342.959 Oct 2025 monthly Jan 1976 - Oct 2025
Total Imports from USA (USD mn) 4,406.810 Oct 2025 monthly Jan 1976 - Oct 2025
Total Exports to China (USD mn) 5,785.284 Oct 2025 monthly Jan 1975 - Oct 2025
Total Imports from China (USD mn) 5,854.849 Oct 2025 monthly Jan 1975 - Oct 2025
Re Exports: Non Oil (SGD mn) 22,035.26 May 2018 monthly Jan 1976 - May 2018
Domestic Exports: Non Oil (SGD mn) 17,289.94 May 2018 monthly Jan 1976 - May 2018
Exports: Non Oil (SGD mn) 40,168.70 Jul 2018 monthly Jan 1964 - Jul 2018
Export Value Index (2015=100) 130.084 2021 yearly 1980 - 2021
Import Value Index (2015=100) 136.736 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 17,778.9 Sep 2025 quarterly Mar 1995 - Sep 2025
Current Account Balance (USD mn) 26,008.1 Sep 2025 quarterly Mar 1986 - Sep 2025
Current Account Balance: % of GDP (%) 17.7 Sep 2025 quarterly Mar 1986 - Sep 2025
Foreign Direct Investment (USD mn) 35,793.6 Sep 2025 quarterly Mar 1995 - Sep 2025
Foreign Direct Investment: % of GDP (%) 24.4 Sep 2025 quarterly Mar 1995 - Sep 2025
Foreign Portfolio Investment (USD mn) 3,900.132 Sep 2025 quarterly Mar 1995 - Sep 2025
Foreign Portfolio Investment: % of GDP (%) 2.7 Sep 2025 quarterly Mar 1995 - Sep 2025
External Debt (USD mn) 2,340,160.9 Jun 2025 quarterly Jun 2003 - Jun 2025
External Debt: % of GDP (%) 407.1 2024 yearly 2003 - 2024
External Debt: Short Term (USD mn) 1,452,869.6 Jun 2025 quarterly Jun 2003 - Jun 2025
External Debt: Short Term: % of GDP (%) 256.0 2024 yearly 2003 - 2024
Forecast: Current Account Balance (USD bn) 109.808 2030 yearly 1980 - 2030
Net International Investment Position (USD mn) 853,984.904 Jun 2025 quarterly Dec 2013 - Jun 2025
BoP: Official Reserves (OR): Net (SGD mn) -11,230.700 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: FA: Direct Investment (SGD mn) -38,869.000 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: Net Errors and Omissions (SGD mn) -974.300 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: FA: Direct Investment: Assets (SGD mn) 21,890.500 Dec 2024 quarterly Mar 1995 - Dec 2024
BoP: CA: Primary Income Balance: Receipts (SGD mn) 62,901.300 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: CA: Goods: Imports (SGD mn) 153,207.100 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: FA: Direct Investment: Liabilities (SGD mn) 60,759.500 Dec 2024 quarterly Mar 1995 - Dec 2024
BoP: CA: Secondary Income Balance (SGD mn) -2,478.100 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: CA: Goods: Exports (SGD mn) 201,807.200 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: FA: Portfolio Inv: Liabilities (SGD mn) 10,199.900 Dec 2024 quarterly Mar 1995 - Dec 2024
BoP: CA: Primary Income Balance (SGD mn) -32,453.200 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: FA: Others (SGD mn) 62,851.500 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: FA: Financial Derivatives (SGD mn) 1,654.800 Dec 2024 quarterly Mar 2006 - Dec 2024
BoP: FA: Others: Assets (SGD mn) 110,229.200 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: Current Account (CA) Balance (SGD mn) 28,814.100 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: CA: Primary Income Balance: Payment (SGD mn) 95,354.500 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: CA: Services: Imports (SGD mn) 121,243.300 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: CA: Services: Exports (SGD mn) 136,388.600 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: FA: Portfolio Inv: Assets (SGD mn) 23,633.100 Dec 2024 quarterly Mar 1995 - Dec 2024
BoP: Financial Account (FA): Net (SGD mn) 39,070.500 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: FA: Portfolio Investment (SGD mn) 13,433.200 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: FA: Financial Derivatives: Assets (SGD mn) 8,088.600 Dec 2024 quarterly Mar 2006 - Dec 2024
BoP: CA: Goods: Balance (SGD mn) 48,600.100 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: CA: Services: Balance (SGD mn) 15,145.300 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: FA: Others: Liabilities (SGD mn) 47,377.700 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: FA: Financial Derivatives: Liabilities (SGD mn) 6,433.800 Dec 2024 quarterly Mar 2006 - Dec 2024
BoP: FA: PI: Liabilities: Equity & Investment Fund Shares (SGD mn) -5,728.600 2018 yearly 1988 - 2018
BoP: FA: PI: Liabilities: Debt Securities (SGD mn) 1,256.600 2018 yearly 1988 - 2018
International Investment Position (IIP) (SGD mn) 1,108,209.700 Dec 2018 quarterly Dec 2013 - Dec 2018
External Debt: Gross: OL: DTC: Short Term (SGD mn) 1,409,972.100 Sep 2024 quarterly Jun 2003 - Sep 2024
External Debt: Gross: OL: DTC: Long Term (SGD mn) 187,451.200 Sep 2024 quarterly Jun 2003 - Sep 2024
External Debt: Gross (SGD mn) 2,762,551.700 Sep 2024 quarterly Jun 2003 - Sep 2024
External Debt: Gross: OL: OS: Long Term (SGD mn) 313,756.800 Sep 2024 quarterly Jun 2003 - Sep 2024
External Debt: Gross: OL: OS: Short Term (SGD mn) 348,972.000 Sep 2024 quarterly Jun 2003 - Sep 2024
Direct Investment Abroad: European Union (EU-27) (SGD mn) 234,607.400 2023 yearly 1994 - 2023
FDI: By Industry: Manufacturing (SGD mn) 279,941.300 2023 yearly 1998 - 2023
Foreign Direct Investment (FDI): Total (SGD mn) 2,843,105.600 2023 yearly 1998 - 2023
FDI: By Industry: Wholesale & Retail Trade (SGD mn) 411,137.600 2023 yearly 1998 - 2023
FDI: By Industry: Financial & Insurance Services (SGD mn) 1,788,363.400 2023 yearly 1998 - 2023
FDI: By Industry: Professinal, Administrative & Support Services (SGD mn) 135,762.400 2023 yearly 1998 - 2023
FDI: By Country: Switzerland (SGD mn) 73,934.800 2023 yearly 1998 - 2023
FDI: By Country: Netherlands (SGD mn) 81,934.900 2023 yearly 1998 - 2023
FDI: By Country: United States (SGD mn) 692,307.300 2023 yearly 1998 - 2023
FDI: By Country: United Kingdom (SGD mn) 153,599.700 2023 yearly 1998 - 2023
FDI: By Country: Japan (SGD mn) 181,047.100 2023 yearly 1998 - 2023
Business Entities (BE): Formation: Total (Number) 5,718.000 Jan 2025 monthly Jan 1970 - Jan 2025
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.3 Dec 2019 quarterly Dec 2008 - Dec 2019
Household Debt: % of GDP (%) 53.0 Sep 2025 quarterly Mar 1995 - Sep 2025
Non-Performing Loans (USD mn) 9,947.940 Dec 2019 quarterly Dec 2008 - Dec 2019
Money Supply M1 (USD mn) 408,786.384 Oct 2025 monthly Mar 2004 - Oct 2025
Money Supply M2 (USD mn) 1,091,899.504 Oct 2025 monthly Mar 2004 - Oct 2025
M2 Growth (%) 6.4 Oct 2025 monthly Mar 2005 - Oct 2025
Foreign Exchange Reserves (USD mn) 387,151.0 Nov 2025 monthly Apr 2000 - Nov 2025
Foreign Exchange Reserves: % of GDP (%) 66.529 Sep 2025 quarterly Jun 2000 - Sep 2025
Foreign Exchange Reserves: Months of Import (NA) 7.9 Oct 2025 monthly Apr 2000 - Oct 2025
Gold Reserves (USD mn) 5,047.400 Nov 2025 monthly Apr 2000 - Nov 2025
Total Deposits (USD mn) 1,552,978.712 Oct 2025 monthly Jan 1991 - Oct 2025
Total Deposits Growth (%) 10.1 Oct 2025 monthly Jan 1992 - Oct 2025
Domestic Credit (USD mn) 942,631.6 Oct 2025 monthly Mar 2004 - Oct 2025
Domestic Credit Growth (%) 5.2 Oct 2025 monthly Mar 2005 - Oct 2025
Credit to Households (USD bn) 260.901 Jun 2025 quarterly Mar 1991 - Jun 2025
Credit to Private Non-Financial Sector (USD bn) 997.056 Jun 2025 quarterly Dec 1963 - Jun 2025
Household Debt (USD mn) 307,915.4 Oct 2025 monthly Mar 2004 - Oct 2025
Total Loans (USD mn) 1,034,013.987 Oct 2025 monthly Mar 2004 - Oct 2025
Total Loans Growth (%) 5.45 Oct 2025 monthly Mar 2005 - Oct 2025
Private Debt: % of Nominal GDP (%) 129.14 Sep 2025 quarterly Mar 2004 - Sep 2025
ORA: Other Reserve Assets (USD mn) 472.40 Jul 2018 monthly Apr 2000 - Jul 2018
ORA: Gold Incl Gold Deposits and Gold Swapped (USD mn) 211.70 Jul 2018 monthly Apr 2000 - Jul 2018
DBU: Loans & Advances: Loans to Businesses (LB) (SGD mn) 403,032.70 May 2018 monthly Mar 2004 - May 2018
DBU: Loans & Advances: Total, Including Bills Financing (SGD mn) 667,892.20 May 2018 monthly Jan 1980 - May 2018
DBU: Loans & Advances: Consumer Loans (CL) (SGD mn) 264,859.50 May 2018 monthly Mar 2004 - May 2018
DBU: Loans & Advances: CL: Housing & Bridging Loans (SGD mn) 203,114.90 May 2018 monthly Jan 1991 - May 2018
DBU: Loans & Advances: LB: Professional & Private Individuals (SGD mn) 10,320.90 May 2018 monthly Jan 1991 - May 2018
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -1.6 Nov 2025 monthly Jan 2000 - Nov 2025
Composite Leading Index: 2015=100 (2015=100) 109.300 Mar 2019 quarterly Mar 1978 - Mar 2019

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