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 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. 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 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.

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: 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; ;

Industry (including construction), value added (% of GDP) in Singapore was reported at 22.4 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Singapore - Industry, value added (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

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

Singapore SG: Domestic Credit: Provided by Financial Sector: % of GDP data was reported at 140.816 % in 2017. This records an increase from the previous number of 129.551 % for 2016. Singapore SG: Domestic Credit: Provided by Financial Sector: % of GDP data is updated yearly, averaging 61.560 % from Dec 1963 (Median) to 2017, with 55 observations. The data reached an all-time high of 140.816 % in 2017 and a record low of 7.159 % in 1963. Singapore SG: Domestic Credit: Provided by Financial Sector: % of GDP 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: Bank Loans. Domestic credit provided by the financial sector includes all credit to various sectors on a gross basis, with the exception of credit to the central government, which is net. The financial sector includes monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies.; ; International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.; Weighted average;

Singapore GDP: 2005p: Gross Value Added at Basic Prices data was reported at 80,277.400 SGD mn in Dec 2013. This records an increase from the previous number of 78,803.900 SGD mn for Sep 2013. Singapore GDP: 2005p: Gross Value Added at Basic Prices data is updated quarterly, averaging 27,175.200 SGD mn from Mar 1975 (Median) to Dec 2013, with 156 observations. The data reached an all-time high of 80,277.400 SGD mn in Dec 2013 and a record low of 5,803.100 SGD mn in Mar 1975. Singapore GDP: 2005p: Gross Value Added at Basic Prices data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.A031: GDP by Industry: SSIC 2010: 2005 Price.

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.

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 GDP: CL: 2015p: Gross Value Added at Basic Prices data was reported at 108,761.000 SGD mn in Mar 2019. This records a decrease from the previous number of 110,815.700 SGD mn for Dec 2018. Singapore GDP: CL: 2015p: Gross Value Added at Basic Prices data is updated quarterly, averaging 37,728.300 SGD mn from Mar 1975 (Median) to Mar 2019, with 177 observations. The data reached an all-time high of 110,815.700 SGD mn in Dec 2018 and a record low of 6,716.900 SGD mn in Mar 1975. Singapore GDP: CL: 2015p: Gross Value Added at Basic Prices data remains active status in CEIC and is reported by Ministry of Trade and Industry. The data is categorized under Global Database’s Singapore – Table SG.A026: GDP by Industry: SSIC 2015: 2015 Price.

Dataset from Singapore Department of Statistics. For more information, visit https://data.gov.sg/datasets/d_17bd285be4c401c50ec87821d44e8461/view

In 2023, the output from electronics manufacturing amounted to around 167 billion Singapore dollars. Electronics engineering had the largest manufacturing output in Singapore, followed by chemicals manufacturing.

Profit Before Tax: Wholesale & Retail Trade data was reported at 43,401.000 SGD mn in 2016. This records a decrease from the previous number of 45,044.000 SGD mn for 2015. Profit Before Tax: Wholesale & Retail Trade data is updated yearly, averaging 38,370.000 SGD mn from Dec 2009 (Median) to 2016, with 8 observations. The data reached an all-time high of 45,044.000 SGD mn in 2015 and a record low of 24,006.000 SGD mn in 2009. Profit Before Tax: Wholesale & Retail Trade data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.A069: Corporate Sector: Key Financial Performance.

Equity Ratios: NF: Wholesale & Retail Trade data was reported at 0.400 Ratio in 2016. This records a decrease from the previous number of 0.410 Ratio for 2015. Equity Ratios: NF: Wholesale & Retail Trade data is updated yearly, averaging 0.290 Ratio from Dec 1994 (Median) to 2016, with 23 observations. The data reached an all-time high of 0.410 Ratio in 2015 and a record low of 0.210 Ratio in 1997. Equity Ratios: NF: Wholesale & Retail Trade data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.A069: Corporate Sector: Key Financial Performance.