Subsidies and other transfers in Singapore
Singapore: Subsidies and other transfers was 27.56 billion current LCU in 2024. ◆ Volatile
Subsidies and other transfers in Singapore, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Singapore recorded 27.56 billion current LCU for subsidies and other transfers in 2024. That is the highest value across all 35 years on record.
That represents a change of up 4.5% on the previous year and up 22,361.1% over ten years.
Over the whole period, subsidies and other transfers in Singapore peaked at 27.56 billion current LCU in 2024 and was at its lowest, 104.80 million current LCU, in 2011.
That places Singapore 100th out of 153 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.60 billion current LCU | 1.19 billion current LCU | 8.39 billion current LCU | 10 |
| 2000s | 3.06 billion current LCU | 107.00 million current LCU | 9.31 billion current LCU | 10 |
| 2010s | 6.44 billion current LCU | 104.80 million current LCU | 16.62 billion current LCU | 10 |
| 2020s | 24.78 billion current LCU | 20.62 billion current LCU | 27.56 billion current LCU | 5 |
Countries ranked near Singapore
- 97 Slovak Republic 28.89 billion current LCU compare
- 98 Zambia 27.81 billion current LCU compare
- 99 Macau (China) 27.62 billion current LCU compare
- 101 Honduras 23.82 billion current LCU compare
- 102 Luxembourg 21.71 billion current LCU compare
- 103 Lithuania 19.38 billion current LCU compare
More public sector data for Singapore
- Arms imports 348.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 57.65 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0006 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -27.95 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 348.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 2,495 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0263 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 6.2 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 15.06 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 672,702 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is subsidies and other transfers in Singapore?
- Subsidies and other transfers in Singapore was 27.56 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Singapore?
- The highest recorded value was 27.56 billion current LCU in 2024.
- What is the lowest subsidies and other transfers recorded in Singapore?
- The lowest recorded value was 104.80 million current LCU in 2011.
- How does Singapore rank for subsidies and other transfers?
- Singapore ranks 100th out of 153 countries with data for 2024.
- Is subsidies and other transfers rising or falling in Singapore?
- Over the last ten years it is up 22,361.1%. 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 Subsidies and other transfers (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. 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.