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.
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.
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Dataset from Singapore Department of Statistics. For more information, visit https://data.gov.sg/datasets/d_0267c40931b02c8cad4b56e41e6e35c7/view
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.
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Dataset from Singapore Department of Statistics. For more information, visit https://data.gov.sg/datasets/d_38d62de582eb7ee2c58d1bba4cd4132d/view
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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.; ;
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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.
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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.; ;
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.
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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.; ;
https://data.gov.sg/open-data-licencehttps://data.gov.sg/open-data-licence
Dataset from Singapore Department of Statistics. For more information, visit https://data.gov.sg/datasets/d_7870c84f8c1d825a87f13b68e38efd6c/view
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.
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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.
https://data.gov.sg/open-data-licencehttps://data.gov.sg/open-data-licence
Dataset from Singapore Department of Statistics. For more information, visit https://data.gov.sg/datasets/d_3dbf4c3eec72cfccac3ad1f75e1d3adb/view
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Singapore Net Investment in Manufacturing and Services: Japan data was reported at 892.800 SGD mn in 2017. This records an increase from the previous number of 680.600 SGD mn for 2016. Singapore Net Investment in Manufacturing and Services: Japan data is updated yearly, averaging 1,186.100 SGD mn from Dec 1997 (Median) to 2017, with 21 observations. The data reached an all-time high of 2,104.400 SGD mn in 1997 and a record low of 317.200 SGD mn in 2014. Singapore Net Investment in Manufacturing and Services: Japan data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.S002: Composite Leading Index and Net Investment Commitments.
Major industry group of 2-digit SSIC level (Classified according to Singapore Standard Industrial Classification (SSIC) 2015)
https://data.gov.sg/open-data-licencehttps://data.gov.sg/open-data-licence
Dataset from Singapore Department of Statistics. For more information, visit https://data.gov.sg/datasets/d_a2829a647d8161c6f1ec54a440603e37/view
This statistic shows the most popular industries on Facebook in Singapore as of June 2020, ranked by number of local fans. As of June 2020, the services sector was the leading industry on Facebook, with approximately twelve million followers.
The total manufacturing output in Singapore in 2023 was valued at around ****** billion Singapore dollars. This was a decrease compared to the previous year, indicating a recovery from the economic shocks of the COVID-19 pandemic. In 2022, the manufacturing sector in Singapore expanded by *** percent. Importance of the manufacturing sector to the Singapore economy Since its independence, the Singapore government has relied on manufacturing to develop its economy. From producing low-cost, labor-intensive goods, the manufacturing sector in Singapore has since then transitioned to high-value products and advanced manufacturing. While it is no longer the largest sector for employment in Singapore, the manufacturing industry is still the largest sector contributing to the Singapore economy. Key segments of the Singapore manufacturing sector The key segments of Singapore’s manufacturing sector are electronics and precision engineering, chemicals and refineries, and biomedical manufacturing. An essential product in Singapore’s electronics manufacturing sector is semiconductors. Some of the leading global pure-play foundries, such as GlobalFoundries and Taiwan’s United Microelectronics Corp (UMC), have established semiconductor manufacturing fabs in the city-state. Apart from semiconductors, the electronics manufacturing sector also produces storage and memory products and microelectromechanical systems (MEMs).
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Singapore SG: GDP: % of Manufacturing: Food, Beverages and Tobacco data was reported at 4.600 % in 2014. This records a decrease from the previous number of 4.710 % for 2013. Singapore SG: GDP: % of Manufacturing: Food, Beverages and Tobacco data is updated yearly, averaging 4.756 % from Dec 1963 (Median) to 2014, with 52 observations. The data reached an all-time high of 24.790 % in 1965 and a record low of 2.267 % in 2007. Singapore SG: GDP: % of Manufacturing: Food, Beverages and Tobacco 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. Food, beverages, and tobacco correspond to ISIC divisions 15 and 16.; ; United Nations Industrial Development Organization, International Yearbook of Industrial Statistics.; ;
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.