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.
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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