Singapore - Public finance



The US Central Intelligence Agency (CIA) estimates that in 2000 Singapore's central government took in revenues of approximately $27.9 million and had expenditures of $19.5 billion including capital expenditures of $5.4 billion. Overall, the government registered a deficit of approximately $19.5 billion. External debt totaled $8.3 billion.

The following table shows an itemized breakdown of government revenues and expenditures. The percentages were calculated from data reported by the International Monetary Fund. The dollar amounts (millions) are based on the CIA estimates provided above.

Singapore

REVENUE AND GRANTS 100.0% 28
Tax revenue 55.0% 15
Non-tax revenue 33.8% 9
Capital revenue 11.2% 3
EXPENDITURES 100.0% 19,500
General public services 6.0% 1,170
Defense 24.1% 4,692
Public order and safety 5.4% 1,055
Education 19.4% 3,791
Health 5.5% 1,076
Social security 12.4% 2,422
Housing and community amenities 10.5% 2,046
Recreation, cultural, and religious affairs 0.1% 14
Economic affairs and services 15.1% 2,946
Interest payments 1.5% 288

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