, Singapore

Chart of the Day: See how government revenue grew in five years

Revenue is expected to have grown to $71.6b in 2017.

This chart from EY shows government operating revenues increased between 5% and 7% each year between 2013 and 2016.

In 2016, operating revenue grew to $68b. In 2017, EY estimates revenue to hit $71.6b and $77b in 2018.

In the first three quarters of 2017, revenues rose 4%, compared to the same period in 2016, with tax revenues increasing by 6% and overall fees and charges — which include vehicle quota premiums — rising by 2%. 

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