The Gross Domestic Product (GDP) in Singapore was worth 340 billion US dollars in 2020, according to official data from the World Bank. The GDP value of Singapore represents 0.30 percent of the world economy. source: World Bank

GDP in Singapore averaged 95.19 USD Billion from 1960 until 2020, reaching an all time high of 373.22 USD Billion in 2018 and a record low of 0.70 USD Billion in 1960. This page provides the latest reported value for - Singapore GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Singapore GDP - values, historical data and charts - was last updated on September of 2021.

GDP in Singapore is expected to reach 390.00 USD Billion by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Singapore GDP is projected to trend around 425.00 USD Billion in 2022, according to our econometric models.

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Singapore GDP

Actual Previous Highest Lowest Dates Unit Frequency
340.00 374.39 375.98 0.70 1960 - 2020 USD Billion Yearly
Current USD

Singapore GDP Last Previous Highest Lowest Unit
GDP Growth Rate -1.80 3.10 9.00 -13.20 percent [+]
GDP Annual Growth Rate 14.70 1.50 18.60 -13.30 percent [+]
GDP 340.00 374.39 375.98 0.70 USD Billion [+]
GDP Constant Prices 119031.00 121078.70 121078.70 7540.50 SGD Million [+]
Gross National Product 411756.60 460724.70 460724.70 2195.90 SGD Million [+]
Gross Fixed Capital Formation 27871.50 27938.60 31268.60 1971.60 SGD Million [+]
GDP per capita 56349.03 59374.44 59374.44 3503.41 USD [+]
GDP per capita PPP 93397.05 98411.58 98411.58 37412.33 USD [+]
Gdp Growth Annualized -7.70 2.00 35.40 -43.30 percent [+]
GDP From Construction 3469.20 3778.70 5248.80 543.20 SGD Million [+]
GDP From Manufacturing 27381.00 27913.70 27913.70 1432.90 SGD Million [+]
GDP From Mining 66551.90 74819.60 77466.90 4232.00 SGD Million [+]
GDP From Services 17015.60 16933.80 17325.50 1096.20 SGD Million [+]
GDP From Transport 6114.30 6218.10 8140.80 537.70 SGD Million [+]
GDP From Utilities 1464.50 1477.30 1506.60 140.70 SGD Million [+]


Singapore GDP
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.
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