Singapore GDP Growth Rate - Forecast

GDP Growth Rate in Singapore is expected to be -1.20 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 2.40 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.


Singapore GDP Growth Rate
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Singapore GDP Last Q1/18 Q2/18 Q3/18 Q4/18 2020
GDP Growth Rate 2.8 -1.2 1.5 5.8 2.4 3.7
GDP Annual Growth Rate 3.1 2.5 2.3 2.2 2.3 1.8
GDP 297 314 314 314 314 329
GDP Constant Prices 104973 107583 109197 106734 111177 115328
Gross National Product 410272 421275 421275 417549 417234 427349
Gross Fixed Capital Formation 23086 25300 26520 23029 24868 25400
GDP per capita 52601 54247 54247 52927 54247 56242
GDP per capita PPP 81443 82077 82077 81757 82077 85504
GDP From Construction 4339 4710 4730 4064 5080 5260
GDP From Manufacturing 20815 20427 20848 20704 20611 18200
GDP From Mining 69545 69957 70162 70283 70389 70461
GDP From Services 18936 19400 20500 19128 20023 22500
GDP From Transport 8133 8100 8600 8174 8411 9240
GDP From Utilities 1362 1398 1410 1354 1401 1450