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Singapore - General government structural balance in current LCU

18 (billion LCU) in 2018

In 2018, general government structural balance for Singapore was 18 billion LCU. Though Singapore general government structural balance fluctuated substantially in recent years, it tended to increase through 1999 - 2018 period ending at 18 billion LCU in 2018.

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What is general government structural balance?

The structural budget balance refers to the general government cyclically adjusted balance adjusted for nonstructural elements beyond the economic cycle. These include temporary financial sector and asset price movements as well as one-off, or temporary, revenue or expenditure items. The cyclically adjusted balance is the fiscal balance adjusted for the effects of the economic cycle; see, for example, A. Fedelino. A. Ivanova and M. Horton "Computing Cyclically Adjusted Balances and Automatic Stabilizers" IMF Technical Guidance Note No. 5, http://www.imf.org/external/pubs/ft/tnm/2009/tnm0905.pdf.

What is Singapore general government structural balance?

Date Value Change, %
2018 18 -29.88 %
2017 26 38.08 %
2016 19 23.34 %
2015 15 -27.86 %
2014 21 -14.09 %
2013 25 -12.42 %
2012 28 -3.69 %
2011 29 40.35 %
2010 21 3,125.27 %
2009 1 -96.51 %
2008 18 -40.03 %
2007 31