In 2023, the finance and insurance sector in Singapore posted the largest growth rate out of all economic sectors in the country, at 5.4 percent. Overall, Singapore's GDP grew by 2.2 percent in that year.

In 2023, the wholesale trade sector contributed 22.3 percent to Singapore's nominal gross value added (GVA). Singapore's economy posted growth across as sectors, indicating a recovery from the impact of the COVID-19 pandemic.

This statistic shows the distribution of the gross domestic product (GDP) across economic sectors in Singapore from 2013 to 2023. In 2023, agriculture contributed around 0.03 percent to the GDP of Singapore, 22.4 percent came from the industry and 72.45 percent from the services sector.

The Gross Domestic Product (GDP) in Singapore was worth 547.39 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Singapore represents 0.52 percent of the world economy. This dataset 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 SG: GDP: Growth: Gross Value Added: Industry: Manufacturing data was reported at 10.071 % in 2017. This records an increase from the previous number of 3.701 % for 2016. Singapore SG: GDP: Growth: Gross Value Added: Industry: Manufacturing data is updated yearly, averaging 9.319 % from Dec 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 29.675 % in 2010 and a record low of -11.605 % in 2001. Singapore SG: GDP: Growth: Gross Value Added: Industry: Manufacturing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Singapore – Table SG.World Bank: Gross Domestic Product: Annual Growth Rate. Annual growth rate for manufacturing value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average; Note: Data for OECD countries are based on ISIC, revision 4.

Dataset from Singapore Department of Statistics. For more information, visit https://data.gov.sg/datasets/d_38d62de582eb7ee2c58d1bba4cd4132d/view

Singapore GDP Deflator: Services Producing Industries (SPI) data was reported at 107.000 2010=100 in Sep 2018. This records an increase from the previous number of 105.100 2010=100 for Jun 2018. Singapore GDP Deflator: Services Producing Industries (SPI) data is updated quarterly, averaging 81.400 2010=100 from Mar 1975 (Median) to Sep 2018, with 175 observations. The data reached an all-time high of 107.800 2010=100 in Dec 2017 and a record low of 48.800 2010=100 in Jun 1975. Singapore GDP Deflator: Services Producing Industries (SPI) data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.A064: GDP Deflator.

GDP from Mining in Singapore increased to 93314.60 SGD Million in the first quarter of 2025 from 92877.40 SGD Million in the fourth quarter of 2024. This dataset provides - Singapore Gdp From Mining- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Singapore SG: GDP: % of Manufacturing: Chemicals data was reported at 23.229 % in 2014. This records a decrease from the previous number of 23.786 % for 2013. Singapore SG: GDP: % of Manufacturing: Chemicals data is updated yearly, averaging 9.188 % from Dec 1963 (Median) to 2014, with 52 observations. The data reached an all-time high of 31.646 % in 2007 and a record low of 3.482 % in 1963. Singapore SG: GDP: % of Manufacturing: Chemicals data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Singapore – Table SG.World Bank.WDI: Gross Domestic Product: Share of GDP. Value added in manufacturing is the sum of gross output less the value of intermediate inputs used in production for industries classified in ISIC major division D. Chemicals correspond to ISIC division 24.; ; United Nations Industrial Development Organization, International Yearbook of Industrial Statistics.; ;

Dataset from Singapore Department of Statistics. For more information, visit https://data.gov.sg/datasets/d_0267c40931b02c8cad4b56e41e6e35c7/view

Singapore GDP for 2023 was 501.43 billion US dollars, a 0.59% increase from 2022.

<ul style='margin-top:20px;'>

<li>Singapore GDP for 2022 was <strong>498.47 billion US dollars</strong>, a <strong>14.83% increase</strong> from 2021.</li>
<li>Singapore GDP for 2021 was <strong>434.11 billion US dollars</strong>, a <strong>24.21% increase</strong> from 2020.</li>
<li>Singapore GDP for 2020 was <strong>349.49 billion US dollars</strong>, a <strong>7.27% decline</strong> from 2019.</li>
</ul>GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

In 2023, the gross domestic product (GDP) from the manufacturing sector in Singapore was approximately 118.83 billion Singapore dollars. In comparison, the agricultural sector's GDP was 195.7 million Singapore dollars.

Total equity refers to the shareholders' interest in the enterprise after deducting all its liabilities from its assets. Data are extracted from financial accounts of companies covered in the Survey of Financial Structure and Operations of Companies.

They may be subsequently revised when new data becomes available.

Singapore SG: GDP: Growth: Gross Value Added: Industry data was reported at 5.744 % in 2017. This records an increase from the previous number of 3.224 % for 2016. Singapore SG: GDP: Growth: Gross Value Added: Industry data is updated yearly, averaging 8.059 % from Dec 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 23.910 % in 2010 and a record low of -9.969 % in 1985. Singapore SG: GDP: Growth: Gross Value Added: Industry data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Singapore – Table SG.World Bank: Gross Domestic Product: Annual Growth Rate. Annual growth rate for industrial value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average; Note: Data for OECD countries are based on ISIC, revision 4.

Exports in Singapore increased to 55774.72 SGD Million in March from 55264.95 SGD Million in February of 2024. This dataset provides the latest reported value for - Singapore Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Singapore SG: GDP: % of Manufacturing: Textiles and Clothing data was reported at 0.328 % in 2014. This records a decrease from the previous number of 0.335 % for 2013. Singapore SG: GDP: % of Manufacturing: Textiles and Clothing data is updated yearly, averaging 3.238 % from Dec 1963 (Median) to 2014, with 52 observations. The data reached an all-time high of 8.378 % in 1973 and a record low of 0.273 % in 2010. Singapore SG: GDP: % of Manufacturing: Textiles and Clothing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Singapore – Table SG.World Bank.WDI: Gross Domestic Product: Share of GDP. Value added in manufacturing is the sum of gross output less the value of intermediate inputs used in production for industries classified in ISIC major division D. Textiles and clothing correspond to ISIC divisions 17-19.; ; United Nations Industrial Development Organization, International Yearbook of Industrial Statistics.; ;

Singapore SG: GDP: % of Manufacturing: Medium and High Tech Industry data was reported at 80.379 % in 2015. This records a decrease from the previous number of 84.582 % for 2014. Singapore SG: GDP: % of Manufacturing: Medium and High Tech Industry data is updated yearly, averaging 80.435 % from Dec 1990 (Median) to 2015, with 26 observations. The data reached an all-time high of 88.037 % in 2008 and a record low of 64.759 % in 1990. Singapore SG: GDP: % of Manufacturing: Medium and High Tech Industry data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Singapore – Table SG.World Bank.WDI: Gross Domestic Product: Share of GDP. The proportion of medium and high-tech industry value added in total value added of manufacturing; ; United Nations Industrial Development Organization (UNIDO), Competitive Industrial Performance (CIP) database; ;

GDP from Manufacturing in Singapore decreased to 28628.30 SGD Million in the first quarter of 2025 from 30406.90 SGD Million in the fourth quarter of 2024. This dataset provides - Singapore Gdp From Manufacturing- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Singapore SG: GDP: % of Manufacturing: Other Manufacturing data was reported at 17.595 % in 2014. This records an increase from the previous number of 15.618 % for 2013. Singapore SG: GDP: % of Manufacturing: Other Manufacturing data is updated yearly, averaging 55.023 % from Dec 1963 (Median) to 2014, with 52 observations. The data reached an all-time high of 66.139 % in 1987 and a record low of 15.618 % in 2013. Singapore SG: GDP: % of Manufacturing: Other Manufacturing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Singapore – Table SG.World Bank.WDI: Gross Domestic Product: Share of GDP. Value added in manufacturing is the sum of gross output less the value of intermediate inputs used in production for industries classified in ISIC major division D. Other manufacturing, a residual, covers wood and related products (ISIC division 20), paper and related products (ISIC divisions 21 and 22), petroleum and related products (ISIC division 23), basic metals and mineral products (ISIC division27), fabricated metal products and professional goods (ISIC division 28), and other industries (ISIC divisions 25, 26, 31, 33, 36, and 37). Includes unallocated data. When data for textiles, machinery, or chemicals are shown as not available, they are included in other manufacturing.; ; United Nations Industrial Development Organization, International Yearbook of Industrial Statistics.; ;

The Gross Domestic Product (GDP) in Singapore expanded 3.90 percent in the first quarter of 2025 over the same quarter of the previous year. This dataset provides - Singapore GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.