Revenue, excluding grants (current LCU) in Singapore
Singapore: Revenue, excluding grants (current LCU) was 135.70 billion current LCU in 2024. ◆ Volatile
Revenue, excluding grants in Singapore, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, revenue, excluding grants in Singapore stood at 135.70 billion current LCU. That is the highest value across all 53 years on record.
Compared with earlier readings it is up 9.8% on the previous year and up 88.7% over ten years.
Over the whole period, revenue, excluding grants in Singapore peaked at 135.70 billion current LCU in 2024 and was at its lowest, 1.76 billion current LCU, in 1972.
Singapore ranks 92nd of 157 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Revenue, excluding grants (current LCU) in Singapore, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 1.76 billion current LCU | — |
| 1973 | 2.12 billion current LCU | +20.5% |
| 1974 | 2.59 billion current LCU | +22.0% |
| 1975 | 3.15 billion current LCU | +21.6% |
| 1976 | 3.34 billion current LCU | +6.2% |
| 1977 | 3.89 billion current LCU | +16.5% |
| 1978 | 4.20 billion current LCU | +7.8% |
| 1979 | 4.89 billion current LCU | +16.5% |
| 1980 | 6.37 billion current LCU | +30.2% |
| 1981 | 7.80 billion current LCU | +22.5% |
| 1982 | 9.05 billion current LCU | +16.1% |
| 1983 | 10.94 billion current LCU | +20.8% |
| 1984 | 11.45 billion current LCU | +4.7% |
| 1985 | 10.77 billion current LCU | -6.0% |
| 1986 | 10.41 billion current LCU | -3.3% |
| 1987 | 12.95 billion current LCU | +24.4% |
| 1988 | 13.86 billion current LCU | +7.0% |
| 1989 | 15.71 billion current LCU | +13.4% |
| 1990 | 17.87 billion current LCU | +13.8% |
| 1991 | 19.92 billion current LCU | +11.5% |
| 1992 | 22.59 billion current LCU | +13.4% |
| 1993 | 28.09 billion current LCU | +24.4% |
| 1994 | 29.25 billion current LCU | +4.1% |
| 1995 | 31.87 billion current LCU | +9.0% |
| 1996 | 37.94 billion current LCU | +19.0% |
| 1997 | 39.88 billion current LCU | +5.1% |
| 1998 | 38.61 billion current LCU | -3.2% |
| 1999 | 40.33 billion current LCU | +4.4% |
| 2000 | 42.54 billion current LCU | +5.5% |
| 2001 | 39.17 billion current LCU | -7.9% |
| 2002 | 35.10 billion current LCU | -10.4% |
| 2003 | 33.05 billion current LCU | -5.9% |
| 2004 | 36.52 billion current LCU | +10.5% |
| 2005 | 38.66 billion current LCU | +5.9% |
| 2006 | 42.27 billion current LCU | +9.3% |
| 2007 | 52.49 billion current LCU | +24.2% |
| 2008 | 55.92 billion current LCU | +6.5% |
| 2009 | 48.16 billion current LCU | -13.9% |
| 2010 | 54.86 billion current LCU | +13.9% |
| 2011 | 59.81 billion current LCU | +9.0% |
| 2012 | 64.45 billion current LCU | +7.8% |
| 2013 | 66.35 billion current LCU | +2.9% |
| 2014 | 71.89 billion current LCU | +8.4% |
| 2015 | 76.21 billion current LCU | +6.0% |
| 2016 | 81.40 billion current LCU | +6.8% |
| 2017 | 95.70 billion current LCU | +17.6% |
| 2018 | 92.46 billion current LCU | -3.4% |
| 2019 | 107.46 billion current LCU | +16.2% |
| 2020 | 87.05 billion current LCU | -19.0% |
| 2021 | 100.48 billion current LCU | +15.4% |
| 2022 | 111.47 billion current LCU | +10.9% |
| 2023 | 123.62 billion current LCU | +10.9% |
| 2024 | 135.70 billion current LCU | +9.8% |
Singapore compared with similar countries
- Singapore's 135.70 billion current LCU is below the median for high income countries, which is 144.50 billion current LCU, 94% of the median. (57 countries reporting)
- Singapore's 135.70 billion current LCU is above the median for East Asia & Pacific, which is 131.04 billion current LCU, 1.0× the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.24 billion current LCU | 1.76 billion current LCU | 4.89 billion current LCU | 8 |
| 1980s | 10.93 billion current LCU | 6.37 billion current LCU | 15.71 billion current LCU | 10 |
| 1990s | 30.64 billion current LCU | 17.87 billion current LCU | 40.33 billion current LCU | 10 |
| 2000s | 42.39 billion current LCU | 33.05 billion current LCU | 55.92 billion current LCU | 10 |
| 2010s | 77.06 billion current LCU | 54.86 billion current LCU | 107.46 billion current LCU | 10 |
| 2020s | 111.66 billion current LCU | 87.05 billion current LCU | 135.70 billion current LCU | 5 |
Countries ranked near Singapore
- 89 Switzerland 145.50 billion current LCU compare
- 90 Ireland 144.50 billion current LCU compare
- 91 Guinea-Bissau 136.53 billion current LCU compare
- 93 Ghana 133.36 billion current LCU compare
- 94 Central African Republic 128.45 billion current LCU compare
- 95 Honduras 127.49 billion current LCU compare
More public sector data for Singapore
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Democracy 3 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is revenue, excluding grants in Singapore?
- Revenue, excluding grants in Singapore was 135.70 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest revenue, excluding grants recorded in Singapore?
- The highest recorded value was 135.70 billion current LCU in 2024.
- What is the lowest revenue, excluding grants recorded in Singapore?
- The lowest recorded value was 1.76 billion current LCU in 1972.
- How does Singapore rank for revenue, excluding grants?
- Singapore ranks 92nd out of 157 countries with data for 2024.
- Is revenue, excluding grants rising or falling in Singapore?
- Over the last ten years it is up 88.7%. The long-run trend across the full record is volatile.
- Where does this Singapore data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Revenue, excluding grants (current LCU). Statizoid updates them automatically from the source API.
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About this data
Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. 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.