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.

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 July of 2020. source: World Bank

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 -4.70 0.60 27.20 -10.90 percent [+]
GDP Annual Growth Rate -0.70 1.00 18.60 -7.70 percent [+]
GDP 372.06 373.22 373.22 0.70 USD Billion [+]
GDP Constant Prices 117792.10 119230.40 119230.40 7558.30 SGD Million [+]
Gross National Product 460724.70 454012.90 460724.70 2195.90 SGD Million [+]
Gross Fixed Capital Formation 29897.10 28702.60 31280.40 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 From Construction 4515.30 4802.00 5291.00 543.20 SGD Million [+]
GDP From Manufacturing 24822.60 22933.00 24822.60 1432.90 SGD Million [+]
GDP From Mining 74755.40 77466.90 77466.90 4246.90 SGD Million [+]
GDP From Services 15840.40 16652.80 17380.90 1105.30 SGD Million [+]
GDP From Transport 7412.90 8101.20 8123.10 538.40 SGD Million [+]
GDP From Utilities 1488.40 1469.70 1495.60 140.70 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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