Singapore vs Upper middle income: Goods and services expense
Goods and services expense over time
- Singapore
- Upper middle income
How they compare
Singapore currently reports 27.9% against 13.9% in Upper middle income, a difference of 14.0%.
That makes Singapore's figure about 2.0 times Upper middle income's.
Across all 19 years both countries report, Singapore has been ahead every year.
Singapore ranks 21st and Upper middle income ranks 22nd of 154 countries.
Singapore has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Singapore | Upper middle income | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 37.8% | 14.7% | 23.1% | Singapore |
| 2010s | 33.0% | 13.4% | 19.6% | Singapore |
| 2020s | 28.7% | 13.4% | 15.2% | Singapore |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher goods and services expense, Singapore or Upper middle income?
- Singapore, at 27.9% against 13.9% in Upper middle income as of 2023.
- What is the difference in goods and services expense between Singapore and Upper middle income?
- 14.0%, with Singapore ahead.
- How many years of comparable data are there for Singapore and Upper middle income?
- 19 years are reported by both, from 2003 to 2023.
- How do Singapore and Upper middle income rank globally for goods and services expense?
- Singapore ranks 21st and Upper middle income ranks 22nd of 154 countries.
- 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.