Singapore had a household consumption expenditure of $7,148 on transportation per household in 2021. It recorded a growth of 11% in 2021 compared to the previous year. Between 2010-2021, the household consumption expenditure on transportation per household in Singapore decreased by 20.9%. The indicator in Singapore was highest in the year 2017 and lowest in the year 2020, between 2010 and 2021.
Transportation is one of the leading household expenditure types after healthcare, housing, and food. This indicator refers to household consumption expenditure on transport, per household. Data includes expenditures incurred by resident households on transport which includes spending on motor vehicles (purchase and operation), motor vehicle parts, accessories, fuel, maintenance, repair, and public transportation (ground, air, and water).
According to GlobalData, some of the countries with the highest household consumption expenditure on transportation per household in 2020 were Luxembourg, Iceland, the United States, Norway, Israel, Canada, Ireland, Denmark, Singapore, Germany, and Sweden.
Ukraine, Colombia, Bosnia and Herzegovina, Azerbaijan, Thailand, Slovakia, Serbia, Bulgaria, Croatia, Czech Republic, and Estonia were some of the countries with the lowest household consumption expenditure on transportation per household in 2020.
Between 2010 and 2020, Romania, Ukraine, Lithuania, Iceland, Latvia, Estonia, Poland, Azerbaijan, and the United States were some of the countries with the highest growth in household consumption expenditure on transportation per household.
Colombia, Greece, Australia, Turkey, Bosnia and Herzegovina, Mexico, Italy, Norway, Malta, Cyprus, and Singapore were some of the countries with the lowest growth in household consumption expenditure on transportation per household, between 2010 and 2020.
Household consumption expenditure on Transport in Singapore attained a value of $13 billion in 2021. It recorded a growth of 12.6% in 2021 compared to the previous year. Between 2010-2021, the household consumption expenditure on Transport in Singapore decreased by 2.3%. The indicator in Singapore was highest in the year 2018 and lowest in the year 2020, between 2010 and 2021.
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