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In 2018, general government revenue (% of GDP) for Singapore was 21.5 %. Though Singapore general government revenue (% of GDP) fluctuated substantially in recent years, it tended to decrease through 1999 - 2018 period ending at 21.5 % in 2018.The description is composed by our digital data assistant.
Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government's net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of non-financial and financial assets or incurrence of liabilities.