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Government > Spending Stats: compare key data on India & 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 India Singapore HISTORY
Compensation of employees > % of expense 6.57%
Ranked 86th.
27.15%
Ranked 33th. 4 times more than India

Compensation of employees > Current LCU 565.67 billion
Ranked 11th. 52 times more than Singapore
10.79 billion
Ranked 61st.

Expense > % of GDP 15.43%
Ranked 75th. 6% more than Singapore
14.53%
Ranked 80th.

Expense > Current LCU 8.6 trillion
Ranked 7th. 217 times more than Singapore
39.73 billion
Ranked 62nd.

Goods and services expense > % of expense 10.83%
Ranked 59th.
39.74%
Ranked 4th. 4 times more than India

Goods and services expense > Current LCU 931.79 billion
Ranked 7th. 59 times more than Singapore
15.79 billion
Ranked 50th.

Interest payments > % of expense 21.7%
Ranked 7th. 271 times more than Singapore
0.08%
Ranked 85th.

Interest payments > % of revenue 23.35%
Ranked 6th. 389 times more than Singapore
0.06%
Ranked 86th.

Interest payments > Current LCU 1.87 trillion
Ranked 2nd. 56577 times more than Singapore
33 million
Ranked 86th.

Subsidies and other transfers > % of expense 54.07%
Ranked 32nd. 180 times more than Singapore
0.3%
Ranked 87th.

Subsidies and other transfers > Current LCU 4.65 trillion
Ranked 5th. 39096 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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