Singapore - General government net lending/borrowing in % of GDP

4.0 (%) in 2018

In 2018, general government net lending/borrowing (% of GDP) for Singapore was 4 %. Though Singapore general government net lending/borrowing (% of GDP) fluctuated substantially in recent years, it tended to decrease through 1999 - 2018 period ending at 4 % in 2018.

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Net lending (+)/ borrowing (?) is calculated as revenue minus total expenditure. This is a core GFS balance that measures the extent to which general government is either putting financial resources at the disposal of other sectors in the economy and nonresidents (net lending), or utilizing the financial resources generated by other sectors and nonresidents (net borrowing). This balance may be viewed as an indicator of the financial impact of general government activity on the rest of the economy and nonresidents (GFSM 2001, paragraph 4.17). Note: Net lending (+)/borrowing (?) is also equal to net acquisition of financial assets minus net incurrence of liabilities.