Singapore - Gross national expenditure (current LCU)

The value for Gross national expenditure (current LCU) in Singapore was 319,193,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 360,596,000,000 in 2019 and a minimum value of 2,336,200,000 in 1960.

Definition: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 2,336,200,000
1961 2,595,100,000
1962 2,833,500,000
1963 3,101,000,000
1964 3,073,900,000
1965 3,309,300,000
1966 3,652,400,000
1967 4,085,400,000
1968 4,723,700,000
1969 5,461,600,000
1970 6,887,900,000
1971 8,207,100,000
1972 9,498,800,000
1973 11,569,300,000
1974 14,779,500,000
1975 15,014,200,000
1976 16,233,700,000
1977 16,881,000,000
1978 19,190,700,000
1979 22,392,500,000
1980 27,208,600,000
1981 30,987,900,000
1982 34,910,800,000
1983 38,393,200,000
1984 42,179,400,000
1985 40,554,500,000
1986 39,179,700,000
1987 43,346,100,000
1988 47,943,200,000
1989 54,945,000,000
1990 63,265,400,000
1991 67,916,200,000
1992 74,450,300,000
1993 87,971,500,000
1994 94,604,000,000
1995 103,306,000,000
1996 114,617,000,000
1997 128,907,000,000
1998 115,406,000,000
1999 122,820,000,000
2000 144,984,000,000
2001 137,500,000,000
2002 137,689,000,000
2003 126,183,000,000
2004 146,232,000,000
2005 151,569,000,000
2006 166,238,000,000
2007 188,074,000,000
2008 219,766,000,000
2009 215,758,000,000
2010 240,944,000,000
2011 254,898,000,000
2012 278,152,000,000
2013 296,570,000,000
2014 305,775,000,000
2015 307,853,000,000
2016 322,557,000,000
2017 344,682,000,000
2018 352,558,000,000
2019 360,596,000,000
2020 319,193,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts