Singapore GDP Growth Rate  1975-2017 | Data | Chart | Calendar | Forecast

The Gross Domestic Product (GDP) in Singapore expanded 2.20 percent in the second quarter of 2017 over the previous quarter. GDP Growth Rate in Singapore averaged 6.78 percent from 1975 until 2017, reaching an all time high of 37.20 percent in the first quarter of 2010 and a record low of -13.50 percent in the fourth quarter of 2008.

Singapore GDP Growth Rate
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Calendar GMT Actual Previous Consensus Forecast (i)
2017-05-25 12:00 AM Q1 -1.3% 12.3% -1.0% -1.3%
2017-07-14 12:00 AM Q2 0.4% -1.9% 1.1% 1.2%
2017-08-11 12:00 AM Q2 2.2% -2.1% 0.5% 0.4%
2017-10-14 12:00 AM Q3 2.2% 0.8%
2017-11-24 12:00 AM Q3 0.8%


Singapore GDP Last Previous Highest Lowest Unit
GDP Growth Rate 2.20 -1.90 37.20 -13.50 percent [+]
GDP Annual Growth Rate 2.90 2.50 19.00 -8.80 percent [+]
GDP 296.97 296.84 308.14 0.70 USD Billion [+]
GDP Constant Prices 102755.90 102408.70 102755.90 7052.10 SGD Million [+]
Gross National Product 378329.70 366618.40 378329.70 2195.90 SGD Million [+]
Gross Fixed Capital Formation 23947.20 23497.80 26351.80 1860.50 SGD Million [+]
GDP per capita 52600.60 52244.60 52600.60 3389.60 USD [+]
GDP per capita PPP 81443.40 80892.10 81443.40 34339.70 USD [+]
GDP From Construction 4563.50 4746.80 4847.60 508.90 SGD Million [+]
GDP From Manufacturing 19273.60 19050.80 19273.60 1303.30 SGD Million [+]
GDP From Mining 68498.10 68867.80 68867.80 4133.60 SGD Million [+]
GDP From Services 18737.20 18519.90 18737.20 1333.10 SGD Million [+]
GDP From Transport 8044.70 7999.20 8044.70 543.10 SGD Million [+]
GDP From Utilities 1351.10 1365.10 1365.10 130.20 SGD Million [+]


Singapore GDP Growth Rate Notes

Since gaining independence in 1963, Singaporean economy has been growing rapidly and as a result the country has now one of the highest GDP per capita in the world. The economy depends heavily on foreign trade; both from port activities and from exports of electronic components and refined oil. The country is a leading foreign direct investment recipient due to its status of one of the freest, most competitive and most business-friendly economies in the world. Singapore is also an important financial center. This page provides - Singapore GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Singapore GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on August of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
2.20 -1.90 37.20 -13.50 1975 - 2017 percent Quarterly
SA



gdp growth rate by Country

Last
Indonesia 4.00 Jun/17
United States 2.60 Jun/17
China 1.70 Jun/17
India 1.50 Mar/17
Netherlands 1.50 Jun/17
Turkey 1.40 Mar/17
Brazil 1.00 Mar/17
Japan 1.00 Jun/17
Canada 0.90 Mar/17
Spain 0.90 Jun/17
Euro Area 0.60 Jun/17
Germany 0.60 Jun/17
Mexico 0.60 Jun/17
South Korea 0.60 Jun/17
France 0.50 Jun/17
Italy 0.40 Jun/17
Australia 0.30 Mar/17
Switzerland 0.30 Mar/17
United Kingdom 0.30 Jun/17
Russia -0.57 Sep/15