Singapore—Fiscal Balance (% of GDP)
Category: Fiscal & MonetarySource: IMF World Economic OutlookGlobal Rank: #10 of 192
Latest Value
2.4%
2027
YoY Change
-11.1%
2026 → 2027
Global Rank
#10
of 192 countries
Maximum
8.0%
2011
Minimum
-6.7%
2020
CAGR
-2.4%
28 years
Last
2.4%
Previous
2.7%
Highest
8.0%
Lowest
-6.7%
Unit
Percent of GDP
Source
IMF World Economic Outlook
Actual
IMF Forecast
Source: IMF World Economic Outlook
Historical Data
| Year | Value | Change |
|---|---|---|
| 2027 | 2.4% | -11.1% |
| 2026 | 2.7% | -12.9% |
| 2025 | 3.1% | -29.5% |
| 2024 | 4.4% | +25.7% |
| 2023 | 3.5% | +191.7% |
| 2022 | 1.2% | +9.1% |
| 2021 | 1.1% | +116.4% |
| 2020 | -6.7% | -276.3% |
| 2019 | 3.8% | +2.7% |
| 2018 | 3.7% | -28.8% |
| 2017 | 5.2% | +57.6% |
| 2016 | 3.3% | +13.8% |
| 2015 | 2.9% | -37.0% |
| 2014 | 4.6% | -23.3% |
| 2013 | 6.0% | -17.8% |
| 2012 | 7.3% | -8.8% |
| 2011 | 8.0% | +40.4% |
| 2010 | 5.7% | +5800.0% |
| 2009 | -0.1% | -102.8% |
| 2008 | 3.6% | -49.3% |
| 2007 | 7.1% | +222.7% |
| 2006 | 2.2% | -15.4% |
| 2005 | 2.6% | +23.8% |
| 2004 | 2.1% | +200.0% |
| 2003 | 0.7% | -68.2% |
| 2002 | 2.2% | +83.3% |
| 2001 | 1.2% | -73.9% |
| 2000 | 4.6% |
IMF Forecast
Projections from the IMF World Economic Outlook. These are staff estimates, not guarantees.
| Year | Projected Value | Change from Previous |
|---|---|---|
| 2026Forecast | 2.7% | -12.9% |
| 2027Forecast | 2.4% | -11.1% |
Top Countries — Fiscal Balance (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Kuwait | 26.5% | 2026 |
| 2 | Norway | 10.7% | 2026 |
| 3 | Nauru | 9.5% | 2026 |
| 4 | Macao SAR, China | 5.6% | 2026 |
| 5 | United Arab Emirates | 4.8% | 2026 |
| 6 | South Sudan | 4.1% | 2026 |
| 7 | Lesotho | 3.8% | 2026 |
| 8 | Liechtenstein | 3.2% | 2026 |
| 9 | Cyprus | 3.2% | 2026 |
| 10 | Singapore | 2.7% | 2026 |
About This Indicator
Definition
General government net lending/borrowing as a percentage of GDP. A positive value indicates a fiscal surplus; negative indicates a deficit.
Methodology
Revenue minus expenditure minus net acquisition of nonfinancial assets, as a percentage of GDP. A comprehensive measure of the fiscal balance.
Unit
Percent of GDP