GDP Growth Rate in Singapore is expected to be 2.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Singapore to stand at 4.70 in 12 months time. In the long-term, the Singapore GDP Growth Rate is projected to trend around 3.70 percent in 2020, according to our econometric models.


Forecast Data Chart
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Singapore GDP Last Q4/18 Q1/19 Q2/19 Q3/19 2020
GDP Growth Rate 4.7 2.4 1.1 5.8 4.7 3.7
GDP Annual Growth Rate 2.6 2 2.9 2.8 2.5 2.4
GDP 324 334 343 343 343 350
GDP Constant Prices 108395 109811 111255 111430 111105 115370
Gross National Product 431376 440004 443886 443455 442161 462279
Gross Fixed Capital Formation 28188 28808 26897 28977 28892 30266
GDP per capita 55236 55600 55900 55900 55900 56240
GDP per capita PPP 85535 86460 87000 87000 87000 90000
GDP From Construction 4313 4578 4638 4434 4421 4810
GDP From Manufacturing 21357 20460 21697 21955 21891 21496
GDP From Mining 72281 73936 74377 74305 74088 77679
GDP From Services 19684 20509 20085 20235 20176 21548
GDP From Transport 8152 8463 8452 8380 8355 8892
GDP From Utilities 1360 1386 1384 1398 1393 1456