Italy vs Singapore: Goods and services expense

Italy
32.52 billion current LCU
in 2024
Singapore
34.23 billion current LCU
in 2024
Italy rank
79th
Singapore rank
78th

Goods and services expense over time

  • Italy
  • Singapore
010.0B20.0B30.0B197219982024

How they compare

Singapore currently reports 34.23 billion current LCU against 32.52 billion current LCU in Italy, a difference of 1.71 billion current LCU.

That makes Singapore's figure about 1.1 times Italy's.

The two have swapped places 1 time across 47 shared years of data; in 1973 it was Italy ahead.

Italy ranks 79th and Singapore ranks 78th of 155 countries.

Across the 6 decades both report, Italy averaged higher in 5 and Singapore in 1.

Head to head by decade

Decade Italy Singapore Difference Ahead
1970s 1.80 billion current LCU 824.86 million current LCU 977.14 million current LCU Italy
1980s 9.79 billion current LCU 2.08 billion current LCU 7.71 billion current LCU Italy
1990s 15.31 billion current LCU 5.31 billion current LCU 10.00 billion current LCU Italy
2000s 21.76 billion current LCU 11.20 billion current LCU 10.56 billion current LCU Italy
2010s 22.47 billion current LCU 18.99 billion current LCU 3.47 billion current LCU Italy
2020s 27.57 billion current LCU 31.87 billion current LCU 4.30 billion current LCU Singapore

Averages of every year both report within each decade.

Frequently asked questions

Which has higher goods and services expense, Italy or Singapore?
Singapore, at 34.23 billion current LCU against 32.52 billion current LCU in Italy as of 2024.
What is the difference in goods and services expense between Italy and Singapore?
1.71 billion current LCU, with Singapore ahead.
How many years of comparable data are there for Italy and Singapore?
47 years are reported by both, from 1973 to 2024.
How do Italy and Singapore rank globally for goods and services expense?
Italy ranks 79th and Singapore ranks 78th of 155 countries.
Where does this data come from?
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Goods and services expense (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Italy vs Singapore: Goods and services expense. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 20 August 2026, from https://public-sector.statizoid.com/compare/goods-and-services-expense-current-lcu/italy/singapore/

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About this data

Indicator
Goods and services expense (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
155 places, 4,479 data points, 1972–2024
Last refreshed

Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.