Other expense in Singapore
Singapore: Other expense was 30.5% in 2023. ▲ Rising
Other expense in Singapore, 2016–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Singapore recorded 30.5% for other expense in 2023.
Compared with earlier readings it is up 22.7% on the previous year and up 78.6% over ten years.
Singapore ranks 3rd of 147 countries on this measure, in the top 10%.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 17.8% | 16.8% | 19.5% | 4 |
| 2020s | 30.6% | 24.8% | 40.9% | 4 |
Countries ranked near Singapore
- 1 East Timor 42.8% compare
- 2 Micronesia (country) 32.6% compare
- 4 Turkey 29.2% compare
- 5 Equatorial Guinea 27.6% compare
- 6 Kenya 26.4% compare
More public sector data for Singapore
- Arms imports 348.00 million SIPRI trend indicator values (2024)
- Tax revenue 13.6% (2024)
- Taxes on income, profits and capital gains 39.0% (2024)
- Taxes on goods and services 21.5% (2024)
- Net investment in nonfinancial assets -1.0% (2024)
- Net lending (+) / net borrowing (-) 3.4% (2024)
- Interest payments 0.5% (2024)
- Grants and other revenue 23.5% (2024)
- Interest payments 0.4% (2023)
- Other taxes 16.0% (2024)
Frequently asked questions
- What is other expense in Singapore?
- Other expense in Singapore was 30.5% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest other expense recorded in Singapore?
- The highest recorded value was 40.9% in 2020.
- What is the lowest other expense recorded in Singapore?
- The lowest recorded value was 16.8% in 2017.
- How does Singapore rank for other expense?
- Singapore ranks 3rd out of 147 countries with data for 2023.
- Is other expense rising or falling in Singapore?
- Over the last ten years it is up 78.6%. The long-run trend across the full record is rising.
- Where does this Singapore data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Other expense (% of expense). Statizoid updates them automatically from the source API.
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About this data
Other expense is spending on dividends, rent, and other miscellaneous expenses, including provision for consumption of fixed capital. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.