Lower middle income vs Singapore: Goods and services expense
Goods and services expense over time
- Lower middle income
- Singapore
How they compare
Singapore currently reports 27.9% against 16.0% in Lower middle income, a difference of 11.9%.
That makes Singapore's figure about 1.7 times Lower middle income's.
Across all 14 years both countries report, Singapore has been ahead every year.
Lower middle income ranks 18th and Singapore ranks 21st of 41 groups.
Singapore has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Lower middle income | Singapore | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 17.4% | 35.1% | 17.7% | Singapore |
| 2010s | 17.8% | 33.0% | 15.2% | Singapore |
| 2020s | 15.9% | 27.4% | 11.5% | Singapore |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher goods and services expense, Lower middle income or Singapore?
- Singapore, at 27.9% against 16.0% in Lower middle income as of 2023.
- What is the difference in goods and services expense between Lower middle income and Singapore?
- 11.9%, with Singapore ahead.
- How many years of comparable data are there for Lower middle income and Singapore?
- 14 years are reported by both, from 2004 to 2021.
- How do Lower middle income and Singapore rank globally for goods and services expense?
- Lower middle income ranks 18th and Singapore ranks 21st of 41 groups.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Goods and services expense (% of expense). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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 own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.