Fiscal Balance in Singapore

Singapore Fiscal Balance | Economic News & Forecasts

Singapore - Fiscal Balance

Revised data showed growth mellowed markedly in the third quarter and by more than previously reported, on weaker-than-previously-estimated growth in the manufacturing and services sectors. However, the contraction in the construction sector was smaller than initially announced. Looking at Q4, PMI data for October and November illustrates further softening in the manufacturing sector as new orders and employment gravitate closer to negative territory, while the electronics sector contracted in November. Nevertheless, non-oil domestic export growth ticked up in October—albeit thanks to the volatile pharmaceutical subsector. On the political front, tensions with neighbor Malaysia are escalating due to a dispute over maritime boundaries. However, there is unlikely to be a noticeable economic impact and mutual economic interests will likely stop the disagreement escalating too much further.

Singapore - Fiscal Balance Data

2013  2014  2015  2016  2017  
Fiscal Balance (% of GDP)1.3  0.1  -1.0  1.4  2.1  

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Singapore Facts

Bond Yield2.191.39 %Jan 16
Exchange Rate1.36-0.01 %Jan 16
Stock Market3,2290.18 %Jan 16

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