The Gross Domestic Product (GDP) in Singapore was worth 372.06 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Singapore represents 0.31 percent of the world economy. source: World Bank

GDP in Singapore averaged 91.11 USD Billion from 1960 until 2019, 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 May of 2021.

GDP in Singapore is expected to reach 340.00 USD Billion by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Singapore GDP is projected to trend around 390.00 USD Billion in 2021 and 425.00 USD Billion in 2022, according to our econometric models.

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Singapore GDP

Actual Previous Highest Lowest Dates Unit Frequency
372.06 373.22 373.22 0.70 1960 - 2019 USD Billion Yearly
Current USD

Singapore GDP Last Previous Highest Lowest Unit
GDP Growth Rate 2.00 3.80 9.00 -13.20 percent [+]
GDP Annual Growth Rate 0.20 -2.40 18.60 -13.30 percent [+]
GDP 372.06 373.22 373.22 0.70 USD Billion [+]
GDP Constant Prices 117400.50 113149.90 120228.10 7540.50 SGD Million [+]
Gross National Product 411756.60 460724.70 460724.70 2195.90 SGD Million [+]
Gross Fixed Capital Formation 27435.60 23622.20 31268.60 1971.60 SGD Million [+]
GDP per capita 58829.60 59073.50 59073.50 3503.40 USD [+]
GDP per capita PPP 97341.50 97745.00 97745.00 37348.20 USD [+]
Gdp Growth Annualized 2.00 8.70 35.40 -43.30 percent [+]
GDP From Construction 3597.80 2311.80 5248.80 543.20 SGD Million [+]
GDP From Manufacturing 25190.30 25549.10 25549.10 1432.90 SGD Million [+]
GDP From Mining 66551.90 74819.60 77466.90 4232.00 SGD Million [+]
GDP From Services 16807.10 16090.80 17325.50 1096.20 SGD Million [+]
GDP From Transport 5881.80 5690.30 8140.80 537.70 SGD Million [+]
GDP From Utilities 1471.00 1422.50 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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