In 2021, general government revenue for Singapore was 101 billion LCU. General government revenue of Singapore increased from 30 billion LCU in 2002 to 101 billion LCU in 2021 growing at an average annual rate of 6.84%.
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.