Name: Singapore Full Year GDP Growth
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/

Singapore’s GDP grew by 5% in 2025, slowing from an upwardly revised 5.3% expansion in the previous year. Despite the moderation, this marked the fifth consecutive year of economic growth, driven primarily by strong performances in the manufacturing, wholesale trade, and finance & insurance sectors. source: Statistics Singapore

Full Year GDP Growth in Singapore averaged 6.90 percent from 1961 until 2025, reaching an all time high of 14.52 percent in 2010 and a record low of -3.80 percent in 2020. This page includes a chart with historical data for Singapore Full Year GDP Growth. Singapore Full Year GDP Growth - values, historical data and charts - was last updated on February of 2026.

Full Year GDP Growth in Singapore is expected to reach 2.80 percent by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Singapore Full Year GDP Growth is projected to trend around 2.90 percent in 2027 and 3.20 percent in 2028, according to our econometric models.

Related	Last	Previous	Unit	Reference
Full Year GDP Growth	5.00	5.30	percent	Dec 2025
GDP	547.39	505.44	USD Billion	Dec 2024
GDP Growth Rate YoY	6.90	4.30	percent	Dec 2025
GDP Constant Prices	151646.50	148829.80	SGD Million	Dec 2025
GDP from Construction	5306.80	5325.70	SGD Million	Dec 2025
GDP from Manufacturing	34792.70	31875.80	SGD Million	Dec 2025
GDP from Services	21753.60	22054.60	SGD Million	Sep 2025
GDP from Transport	9267.00	9250.20	SGD Million	Sep 2025
GDP from Utilities	1619.90	1601.30	SGD Million	Sep 2025
GDP Growth Annualized	9.80	7.10	percent	Sep 2025
GDP Growth Rate	1.90	2.40	percent	Dec 2025
Gross Fixed Capital Formation	35792.00	34758.70	SGD Million	Sep 2025
Gross National Product	731436.10	678687.50	SGD Million	Dec 2024

Singapore Full Year GDP Growth

In Singapore, services are the biggest sector of the economy and account for 72 percent of GDP. Within services the most important segments are: wholesale and retail trade (18 percent of total GDP); business services (16 percent); finance and insurance (13 percent), transport and storage (10 percent) and information and communications (5 percent). Industry contributes the remaining 28 percent total output. Manufacturing (21 percent) and construction (5 percent) are the most important industry segments.