Leading Economic Index Singapore increased to 112.40 in September of 2025 over the same month in the previous year. This dataset provides - Singapore Leading Composite Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Monthly and long-term Singapore economic indicators data: historical series and analyst forecasts curated by FocusEconomics.

Singapore: Economic freedom, overall index (0-100): The latest value from 2025 is 84 index points, unchanged from 84 index points in 2024. In comparison, the world average is 60 index points, based on data from 174 countries. Historically, the average for Singapore from 1995 to 2025 is 87 index points. The minimum value, 84 index points, was reached in 2022 while the maximum of 90 index points was recorded in 2021.

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.

Economic growth, quarterly in Singapore, September, 2025 The most recent value is 2.4 percent as of Q3 2025, an increase compared to the previous value of 1.7 percent. Historically, the average for Singapore from Q2 1975 to Q3 2025 is 1.51 percent. The minimum of -12.1 percent was recorded in Q2 2020, while the maximum of 9.1 percent was reached in Q3 2020. | TheGlobalEconomy.com

Key information about Singapore Domestic Credit

• Singapore Domestic Credit reached 942.6 USD bn in Oct 2025, compared with a reported figure of 948.9 USD bn in the previous month
• Singapore Domestic Credit data is updated monthly
• It is available from Mar 2004 to Oct 2025 and averaged 502.8 USD bn
• The data reached an all-time high of 948.9 USD bn in Sep 2025 and a record low of 105.8 USD bn in Nov 2005

CEIC calculates monthly Domestic Credit from monthly Gross Domestic Credit less monthly Government Deposits. CEIC converts Domestic Credit into USD. The Monetary Authority of Singapore provides Domestic Credit in local currency. The Federal Reserve Board period end market exchange rate is used for currency conversions. Domestic Credit prior to July 2021 covers transactions from Domestic Banking Units and Asian Currency Units.


Further information about Singapore Domestic Credit

• In the latest reports, Singapore Domestic Credit represented an increased of 5.2 % YoY in Oct 2025
• Money Supply M2 in Singapore increased to 1,091.9 USD bn YoY in Oct 2025
• Singapore Foreign Exchange Reserves was measured at 379.4 USD bn in Oct 2025
• The Foreign Exchange Reserves equaled 7.9 Months of Import in Oct 2025
• The country's Non Performing Loans Ratio stood at 1.3 % in Dec 2019, compared with the ratio of 1.4 % in the previous quarter
• Household Debt of Singapore reached 53.0 % in Sep 2025, accounting for 53.0 % of the country's Nominal GDP

Singapore: Financial development: The latest value from 2021 is 0.704 index points, a decline from 0.71 index points in 2020. In comparison, the world average is 0.331 index points, based on data from 178 countries. Historically, the average for Singapore from 1980 to 2021 is 0.664 index points. The minimum value, 0.443 index points, was reached in 1985 while the maximum of 0.831 index points was recorded in 2008.

Key information about Singapore Nominal GDP

• Singapore Nominal GDP reached 147.8 USD bn in Sep 2025, compared with 144.9 USD bn in the previous quarter.
• Nominal GDP in Singapore is updated quarterly, available from Mar 1975 to Sep 2025, with an average number of 23.5 USD bn.
• The data reached an all-time high of 147.8 USD bn in Sep 2025 and a record low of 1.4 USD bn in Sep 1975.

CEIC converts quarterly Nominal GDP into USD. The Singapore Department of Statistics provides Nominal GDP in local currency. Federal Reserve Board average market exchange rate is used for currency conversions.


Related information about Singapore Nominal GDP

• In the latest reports, Singapore GDP expanded 4.2 % YoY in Sep 2025.
• Its GDP deflator (implicit price deflator) fell 0.7 % in Sep 2025.
• Singapore GDP Per Capita reached 90,689.0 USD in Dec 2024.
• Its Gross Savings Rate was measured at 47.5 % in Dec 2024.
• For Nominal GDP contributions, Investment accounted for 22.2 % in Dec 2024.
• Public Consumption accounted for 10.6 % in Dec 2024.
• Private Consumption accounted for 31.5 % in Dec 2024.

Singapore: Financial freedom index (0-100): The latest value from 2025 is 80 points, unchanged from 80 points in 2024. In comparison, the world average is 48 points, based on data from 175 countries. Historically, the average for Singapore from 1995 to 2025 is 71 points. The minimum value, 50 points, was reached in 2007 while the maximum of 80 points was recorded in 2013.

Singapore SG: GDP: Growth: Exports of Goods and Services data was reported at 4.096 % in 2017. This records an increase from the previous number of 1.105 % for 2016. Singapore SG: GDP: Growth: Exports of Goods and Services data is updated yearly, averaging 9.727 % from Dec 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 34.001 % in 1968 and a record low of -17.136 % in 1964. Singapore SG: GDP: Growth: Exports of Goods and Services 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: Annual Growth Rate. Annual growth rate of exports of goods and services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

Singapore SG: GDP: Growth: Gross Value Added: Agriculture data was reported at -8.392 % in 2017. This records a decrease from the previous number of -1.455 % for 2016. Singapore SG: GDP: Growth: Gross Value Added: Agriculture data is updated yearly, averaging 0.096 % from Dec 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 17.964 % in 1966 and a record low of -17.121 % in 2002. Singapore SG: GDP: Growth: Gross Value Added: Agriculture 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: Annual Growth Rate. Annual growth rate for agricultural value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. 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 or 4.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.

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.

Singapore SG: GDP: Real data was reported at 422,679.100 SGD mn in 2017. This records an increase from the previous number of 407,918.400 SGD mn for 2016. Singapore SG: GDP: Real data is updated yearly, averaging 79,866.350 SGD mn from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 422,679.100 SGD mn in 2017 and a record low of 7,609.100 SGD mn in 1960. Singapore SG: GDP: Real 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: Real. GDP 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 constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

Singapore SG: GDP: Growth: Gross Capital Formation data was reported at 8.697 % in 2017. This records an increase from the previous number of 4.822 % for 2016. Singapore SG: GDP: Growth: Gross Capital Formation data is updated yearly, averaging 8.208 % from Dec 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 46.436 % in 2004 and a record low of -28.598 % in 2003. Singapore SG: GDP: Growth: Gross Capital Formation 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: Annual Growth Rate. Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and 'work in progress.' According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

Singapore SG: GDP: Growth: Adjusted Net National Income data was reported at 2.983 % in 2016. This records an increase from the previous number of 0.168 % for 2015. Singapore SG: GDP: Growth: Adjusted Net National Income data is updated yearly, averaging 6.464 % from Dec 1972 (Median) to 2016, with 45 observations. The data reached an all-time high of 23.556 % in 2010 and a record low of -6.632 % in 2008. Singapore SG: GDP: Growth: Adjusted Net National Income 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: Annual Growth Rate. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.; ; World Bank staff estimates based on sources and methods described in 'The Changing Wealth of Nations 2018: Building a Sustainable Future' (Lange et al 2018).; Weighted average;

Singapore SG: GDP: Growth: Adjusted Net National Income per Capita data was reported at 1.656 % in 2016. This records an increase from the previous number of -1.013 % for 2015. Singapore SG: GDP: Growth: Adjusted Net National Income per Capita data is updated yearly, averaging 4.124 % from Dec 1972 (Median) to 2016, with 45 observations. The data reached an all-time high of 21.386 % in 2010 and a record low of -11.471 % in 2008. Singapore SG: GDP: Growth: Adjusted Net National Income per Capita 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: Annual Growth Rate. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.; ; World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).; Weighted average;

Key information about Singapore Consolidated Fiscal Balance

• Singapore Consolidated Fiscal Balance registered a surplus equal to 926.421 USD mn in Oct 2025, compared with a surplus equal to 2.009 USD bn in the previous month.
• Singapore Consolidated Fiscal Balance data is updated monthly, available from Apr 2011 to Oct 2025, with an average ratio of 2.104 USD bn.
• The data reached an all-time high of 13.007 USD bn in May 2019 and a record low of -13.583 USD bn in Mar 2024.

CEIC converts monthly Consolidated Fiscal Balance into USD. The Singapore Department of Statistics provides Consolidated Fiscal Balance in local currency. Federal Reserve Board average market exchange rate is used for currency conversions.

Singapore Contributions to Real(GDP) Gross Domestic ProductGrowth: Capital Input data was reported at 2.100 % in 2017. This records a decrease from the previous number of 2.400 % for 2016. Singapore Contributions to Real(GDP) Gross Domestic ProductGrowth: Capital Input data is updated yearly, averaging 3.400 % from Dec 1974 (Median) to 2017, with 44 observations. The data reached an all-time high of 7.700 % in 1974 and a record low of 1.700 % in 2003. Singapore Contributions to Real(GDP) Gross Domestic ProductGrowth: Capital Input data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.G051: Multifactor Productivity: Contributions to Growth in Real GDP.

Singapore SG: Net Barter Terms of Trade Index data was reported at 86.302 2000=100 in 2016. This records a decrease from the previous number of 86.468 2000=100 for 2015. Singapore SG: Net Barter Terms of Trade Index data is updated yearly, averaging 104.301 2000=100 from Dec 1980 (Median) to 2016, with 37 observations. The data reached an all-time high of 131.915 2000=100 in 1982 and a record low of 80.607 2000=100 in 2012. Singapore SG: Net Barter Terms of Trade Index 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: Trade Index. Net barter terms of trade index is calculated as the percentage ratio of the export unit value indexes to the import unit value indexes, measured relative to the base year 2000. Unit value indexes are based on data reported by countries that demonstrate consistency under UNCTAD quality controls, supplemented by UNCTAD's estimates using the previous year’s trade values at the Standard International Trade Classification three-digit level as weights. To improve data coverage, especially for the latest periods, UNCTAD constructs a set of average prices indexes at the three-digit product classification of the Standard International Trade Classification revision 3 using UNCTAD’s Commodity Price Statistics, international and national sources, and UNCTAD secretariat estimates and calculates unit value indexes at the country level using the current year's trade values as weights.; ; United Nations Conference on Trade and Development, Handbook of Statistics and data files, and International Monetary Fund, International Financial Statistics.; ;

IDI Flows: FI: Europe: United Kingdom data was reported at 10,153.300 SGD mn in 2024. This records an increase from the previous number of 3,957.700 SGD mn for 2023. IDI Flows: FI: Europe: United Kingdom data is updated yearly, averaging 2,692.500 SGD mn from Dec 2015 (Median) to 2024, with 10 observations. The data reached an all-time high of 10,153.300 SGD mn in 2024 and a record low of -9,484.800 SGD mn in 2021. IDI Flows: FI: Europe: United Kingdom data remains active status in CEIC and is reported by Singapore Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.O007: Inward Direct Investment Flows: By Source Economy and Broad Industry.