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GDP (current US$) - Singapore | Data. GDP (current US$) - Singapore. World Bank national accounts data, and OECD National Accounts data files. License : CC BY-4.0. LineBarMap.
The Gross Domestic Product (GDP) in Singapore was worth 501.43 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Singapore represents 0.48 percent of the world economy.
Gross Domestic Product (GDP) refers to the aggregate value of the goods and services produced within the economic territory of Singapore. GDP estimates are compiled by the output, expenditure and income approaches.
Gross Fixed Capital Formation. Income Components of Gross Domestic Product at Current Prices.
Singapore gdp for 2022 was $466.79B, a 10.14% increase from 2021. Singapore gdp for 2021 was $423.80B , a 21.64% increase from 2020. Singapore gdp for 2020 was $348.39B , a 7.55% decline from 2019.
2024, Singapore’s GDP growth averaged 3.0 per cent year-on-year. On a year-on-year basis, GDP growth in the second quarter was primarily driven by the wholesale trade, finance & insurance, and information & communications sectors. By contrast, the manufacturing sector shrank, largely due to a contraction
For the full year, the Singapore economy grew by 3.6 per cent, slower than the 8.9 per cent expansion in 2021. All sectors recorded full-year expansions, with the wholesale trade, manufacturing and other services sectors
In the fourth quarter of 2021, the Singapore economy grew by 6.1 per cent on a year-on-year basis, moderating from the 7.5 per cent growth in the previous quarter. All sectors expanded during the quarter, with the exception
Jan 2, 2024 · Singapore’s GDP Grew by 2.8 Per Cent in the Fourth Quarter of 2023 and by 1.2 Per Cent in 2023. 2 January 2024. Based on advance estimates, the Singapore economy grew by 2.8 per cent on a year-on-year basis in the fourth quarter of 2023, faster than the 1.0 per cent growth in the previous quarter.
The preliminary GDP estimates for the fourth quarter and whole of 2022, including performance by sectors, sources of growth, inflation, employment and productivity, will be released in the Economic Survey of Singapore in February 2023. MINISTRY OF TRADE AND INDUSTRY. 3 January 2023.
