Singapore Budget Overview 2025

In March 2025, the Singapore government presented its budget for the fiscal year 2025. This overview provides a summary of the estimated revenue and expenditure breakdown, as well as a detailed view of expenditures by ministry.

Estimated Revenue and Expenditure Breakdown for FY2025

As reported in The Straits Times , the Singapore government has estimated a total revenue of 150 billion Singapore dollars (SGD) taking into account the Operating Revenue (122.8 billion SGD) and the Net Investment Returns Contribution (NIRC) of 27.2 billion SGD. The total expenditure (inclusive of Special Transfers) is estimated to be 147 billion SGD which results in a budget surplus close to 3 billion SGD.

The Sankey diagram below can be customized to show a more granular breakdown of the revenue and expenditure data. The default view allows the visual to be less cluttered by visualizing items larger than 5 billion SGD. You can adjust the threshold using the slider below.

Expenditure Breakdown by Ministry for FY2025

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