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Singapore Goods and services expense (% of expense) 2026: Interactive Chart & Historical Data

Goods and services expense (% of expense) in Singapore stood at 27.86% in 2023, according to World Bank. The latest value is down 4.16 percentage points from 32.02% in 2022. Ten years earlier, in 2013, the value was 33.01% (down 5.15 percentage points since). The highest value since 1972 was 43.51% in 2007, the lowest 16.7% in 1987. Singapore ranked 6th highest of the 109 countries in this dataset in 2022; Tonga ranked first.

Data source: World Bank · Unit: % · Category: Macroeconomics · Explore more indicators on EconDash

Data updated:Last checked:Frequency:AnnualCoverage:1972–2024

Key facts

What is the latest Goods and services expense (% of expense) in Singapore?

Goods and services expense (% of expense) in Singapore stood at 27.86% in 2023, according to World Bank.

Is Goods and services expense (% of expense) in Singapore rising or falling?

The latest value is down 4.16 percentage points from 32.02% in 2022. Ten years earlier, in 2013, the value was 33.01% (down 5.15 percentage points since).

How does Singapore rank for Goods and services expense (% of expense)?

Singapore ranked 6th highest of the 109 countries in this dataset in 2022; Tonga ranked first.

What is the highest Goods and services expense (% of expense) on record in Singapore?

The highest value since 1972 was 43.51% in 2007, the lowest 16.7% in 1987.

Metadata for Goods and services expense (% of expense) in Singapore
IndicatorGoods and services expense (% of expense)
CountrySingapore
CategoryMacroeconomics
Unit%
SourceWorld Bank
Interactive chartView on EconDash
API accessEconDash API documentation

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Source:World Bank — series GC.XPN.GSRV.ZS
License:CC BY 4.0
Cite this chart
APA

World Bank. (2026). Goods and services expense (% of expense) — Singapore [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/wdi-gc-xpn-gsrv-zs/SGP. Original source: https://data.worldbank.org/indicator/GC.XPN.GSRV.ZS

MLA

World Bank. "Goods and services expense (% of expense) — Singapore." EconDash, 2026, https://econdash.org/chart/wdi-gc-xpn-gsrv-zs/SGP. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/GC.XPN.GSRV.ZS.

Chicago

World Bank. 2026. "Goods and services expense (% of expense) — Singapore." EconDash. Accessed November 13, 2026. https://econdash.org/chart/wdi-gc-xpn-gsrv-zs/SGP. Original source: https://data.worldbank.org/indicator/GC.XPN.GSRV.ZS.

BibTeX
@misc{econdash_wdi_gc_xpn_gsrv_zs_sgp,
  author = {{World Bank}},
  title = {{Goods and services expense (\% of expense) --- Singapore}},
  howpublished = {EconDash},
  year = {2026},
  url = {https://econdash.org/chart/wdi-gc-xpn-gsrv-zs/SGP},
  note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/GC.XPN.GSRV.ZS}
}