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Government > Spending Stats: compare key data on Finland & Singapore

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Definitions

  • Compensation of employees > % of expense: Compensation of employees consists of all payments in cash, as well as in kind (such as food and housing), to employees in return for services rendered, and government contributions to social insurance schemes such as social security and pensions that provide benefits to employees."
  • Compensation of employees > Current LCU: Compensation of employees consists of all payments in cash, as well as in kind (such as food and housing), to employees in return for services rendered, and government contributions to social insurance schemes such as social security and pensions that provide benefits to employees."
  • Expense > % of GDP: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends."
  • Expense > Current LCU: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends."
  • Goods and services expense > % of expense: Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.
  • Goods and services expense > Current LCU: Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.
  • Interest payments > % of expense: Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents."
  • Interest payments > % of revenue: Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents."
  • Interest payments > Current LCU: Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents."
  • Subsidies and other transfers > % of expense: Subsidies, grants, and other social benefits include all unrequited, nonrepayable transfers on current account to private and public enterprises; grants to foreign governments, international organisations, and other government units; and social security, social assistance benefits, and employer social benefits in cash and in kind."
  • Subsidies and other transfers > Current LCU: Subsidies, grants, and other social benefits include all unrequited, nonrepayable transfers on current account to private and public enterprises; grants to foreign governments, international organisations, and other government units; and social security, social assistance benefits, and employer social benefits in cash and in kind."
STAT Finland Singapore HISTORY
Compensation of employees > % of expense 10.05%
Ranked 80th.
27.15%
Ranked 33th. 3 times more than Finland

Compensation of employees > Current LCU 6.5 billion
Ranked 65th.
10.79 billion
Ranked 61st. 66% more than Finland

Expense > % of GDP 35.12%
Ranked 25th. 2 times more than Singapore
14.53%
Ranked 80th.

Expense > Current LCU 64.68 billion
Ranked 57th. 63% more than Singapore
39.73 billion
Ranked 62nd.

Goods and services expense > % of expense 9.76%
Ranked 64th.
39.74%
Ranked 4th. 4 times more than Finland

Goods and services expense > Current LCU 6.31 billion
Ranked 60th.
15.79 billion
Ranked 50th. 3 times more than Finland

Interest payments > % of expense 3.63%
Ranked 54th. 45 times more than Singapore
0.08%
Ranked 85th.

Interest payments > % of revenue 3.21%
Ranked 57th. 54 times more than Singapore
0.06%
Ranked 86th.

Interest payments > Current LCU 2.35 billion
Ranked 58th. 71 times more than Singapore
33 million
Ranked 86th.

Subsidies and other transfers > % of expense 71.36%
Ranked 6th. 238 times more than Singapore
0.3%
Ranked 87th.

Subsidies and other transfers > Current LCU 46.16 billion
Ranked 50th. 388 times more than Singapore
119 million
Ranked 86th.

SOURCES: International Monetary Fund, Government Finance Statistics Yearbook and data files.; International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

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