Fiscal Situation of General Government: Net Lending/borrowing for Singapore
SGPGGXCNLG01GDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.56
Year-over-Year Change
-51.32%
Date Range
1/1/1990 - 1/1/2029
Summary
The 'Fiscal Situation of General Government: Net Lending/borrowing for Singapore' measures Singapore's overall government budget balance as a percentage of GDP. This key economic indicator provides insight into the country's fiscal policy and financial standing.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This trend represents the difference between government revenue and expenditure for Singapore's general government sector, including central and local governments. It is used by economists and policymakers to assess the sustainability of the government's fiscal position and guide economic and budgetary decision-making.
Methodology
The data is collected and calculated by the Monetary Authority of Singapore based on official government financial accounts.
Historical Context
Tracking this fiscal balance trend is important for understanding Singapore's macroeconomic conditions and the government's role in managing the economy.
Key Facts
- Singapore has maintained a balanced fiscal position in recent years.
- The fiscal balance is an important indicator of economic stability.
- Positive net lending indicates a government budget surplus.
FAQs
Q: What does this economic trend measure?
A: This trend measures Singapore's overall government budget balance as a percentage of GDP, capturing the difference between government revenue and expenditure.
Q: Why is this trend relevant for users or analysts?
A: Tracking Singapore's fiscal balance is crucial for understanding the government's role in managing the economy and assessing the sustainability of its fiscal policies.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Monetary Authority of Singapore based on official government financial accounts.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this fiscal balance trend to guide budgetary decisions, evaluate the government's role in the economy, and assess macroeconomic conditions in Singapore.
Q: Are there update delays or limitations?
A: The data is published with a slight delay, but it provides a comprehensive and reliable measure of Singapore's overall government fiscal position.
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Citation
U.S. Federal Reserve, Fiscal Situation of General Government: Net Lending/borrowing for Singapore (SGPGGXCNLG01GDPPT), retrieved from FRED.