Leading Economic Index Singapore increased to 109.70 in March 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.

Singapore: Economic growth: the rate of change of real GDP: The latest value from 2024 is 4.39 percent, an increase from 1.82 percent in 2023. In comparison, the world average is 3.20 percent, based on data from 177 countries. Historically, the average for Singapore from 1961 to 2024 is 6.92 percent. The minimum value, -3.81 percent, was reached in 2020 while the maximum of 14.52 percent was recorded in 2010.

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, June, 2025 The most recent value is 1.4 percent as of Q2 2025, an increase compared to the previous value of -0.5 percent. Historically, the average for Singapore from Q2 1975 to Q2 2025 is 1.5 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

Singapore Contributions to Real(GDP) Gross Domestic ProductGrowth: Labour Input data was reported at -0.100 % in 2017. This records a decrease from the previous number of 0.500 % for 2016. Singapore Contributions to Real(GDP) Gross Domestic ProductGrowth: Labour Input data is updated yearly, averaging 1.600 % from Dec 1974 (Median) to 2017, with 44 observations. The data reached an all-time high of 4.000 % in 2008 and a record low of -2.500 % in 1985. Singapore Contributions to Real(GDP) Gross Domestic ProductGrowth: Labour 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.

Key information about Singapore Nominal GDP

• Singapore Nominal GDP reached 120.6 USD bn in Mar 2023, compared with 113.0 USD bn in the previous quarter.
• Nominal GDP in Singapore is updated quarterly, available from Mar 1975 to Mar 2023, with an average number of 23.0 USD bn.
• The data reached an all-time high of 120.6 USD bn in Mar 2023 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 0.4 % YoY in Mar 2023.
• Its GDP deflator (implicit price deflator) fell 0.0 % in Mar 2023.
• Singapore GDP Per Capita reached 82,794.0 USD in Dec 2022.
• Its Gross Savings Rate was measured at 49.2 % in Dec 2022.
• For Nominal GDP contributions, Investment accounted for 21.9 % in Dec 2022.
• Public Consumption accounted for 10.0 % in Dec 2022.
• Private Consumption accounted for 29.8 % in Dec 2022.

Singapore: Uneven economic development index, 0 (low) - 10 (high): The latest value from 2024 is 3.9 index points, an increase from 3.4 index points in 2023. In comparison, the world average is 5.28 index points, based on data from 176 countries. Historically, the average for Singapore from 2007 to 2024 is 3.39 index points. The minimum value, 2.5 index points, was reached in 2007 while the maximum of 4 index points was recorded in 2014.

Singapore SG: GDP: Growth: Imports of Goods and Services data was reported at 5.246 % in 2017. This records an increase from the previous number of 0.112 % for 2016. Singapore SG: GDP: Growth: Imports of Goods and Services data is updated yearly, averaging 9.874 % from Dec 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 31.475 % in 1968 and a record low of -18.238 % in 1964. Singapore SG: GDP: Growth: Imports 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 imports of goods and services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Imports of goods and services represent the value of all goods and other market services received from 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: Financial markets development, depth: The latest value from 2021 is 0.776 index points, a decline from 0.813 index points in 2020. In comparison, the world average is 0.255 index points, based on data from 157 countries. Historically, the average for Singapore from 1980 to 2021 is 0.657 index points. The minimum value, 0.179 index points, was reached in 1985 while the maximum of 0.92 index points was recorded in 2014.

Singapore: Financial markets development, access: The latest value from 2021 is 0.822 index points, unchanged from 0.822 index points in 2020. In comparison, the world average is 0.361 index points, based on data from 114 countries. Historically, the average for Singapore from 1980 to 2021 is 0.631 index points. The minimum value, 0.371 index points, was reached in 1994 while the maximum of 0.896 index points was recorded in 2001.

Singapore: Percent of world GDP: The latest value from 2023 is 0.48 percent, a decline from 0.5 percent in 2022. In comparison, the world average is 0.53 percent, based on data from 188 countries. Historically, the average for Singapore from 1980 to 2023 is 0.29 percent. The minimum value, 0.11 percent, was reached in 1980 while the maximum of 0.5 percent was recorded in 2022.

Key information about Singapore Consolidated Fiscal Balance

• Singapore Consolidated Fiscal Balance recorded a deficit equal to 675.584 USD mn in Jan 2025, compared with a deficit equal to 8.877 USD bn in the previous month.
• Singapore Consolidated Fiscal Balance data is updated monthly, available from Apr 2011 to Jan 2025, with an average ratio of 1.346 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.

GDP, billion currency units in Singapore, March, 2025 The most recent value is 186.95 billion Singapore Dollar as of Q1 2025, a decline compared to the previous value of 187.87 billion Singapore Dollar. Historically, the average for Singapore from Q1 1975 to Q1 2025 is 56.38 billion Singapore Dollar. The minimum of 3.21 billion Singapore Dollar was recorded in Q1 1975, while the maximum of 187.87 billion Singapore Dollar was reached in Q4 2024. | TheGlobalEconomy.com

Singapore: Exports of goods and services as percent of GDP: The latest value from 2024 is 178.78 percent, a decline from 181.56 percent in 2023. In comparison, the world average is 44.58 percent, based on data from 134 countries. Historically, the average for Singapore from 1960 to 2024 is 169.4 percent. The minimum value, 106.74 percent, was reached in 1972 while the maximum of 228.99 percent was recorded in 2008.

Singapore: Equal protection index: The latest value from 2023 is 0.865 index points, an increase from 0.847 index points in 2022. In comparison, the world average is 0.615 index points, based on data from 171 countries. Historically, the average for Singapore from 1960 to 2023 is 0.837 index points. The minimum value, 0.703 index points, was reached in 1960 while the maximum of 0.865 index points was recorded in 2023.

Key information about Singapore Tourism Revenue Growth

• Singapore Tourism Revenue dropped 4.8 % YoY in Sep 2024, compared with an increase of 6.4 % YoY in the previous quarter
• Singapore Tourism Revenue Growth rate data is updated quarterly, available from Mar 2008 to Sep 2024
• The data reached an all-time high of 1,145.9 % in Sep 2022 and a record low of -97.6 % in Jun 2020

CEIC calculates quarterly Tourism Revenue Growth from quarterly Tourism Revenue. Singapore Tourism Board provides year-to-date Tourism Revenue in local currency.

Singapore: Government debt as percent of GDP: The latest value from 2023 is 174.84 percent, an increase from 158.25 percent in 2022. In comparison, the world average is 61.85 percent, based on data from 137 countries. Historically, the average for Singapore from 1990 to 2023 is 99.09 percent. The minimum value, 69.82 percent, was reached in 1995 while the maximum of 174.84 percent was recorded in 2023.

Singapore: Monetary freedom index (0-100): The latest value from 2024 is 76.3 points, a decline from 81.9 points in 2023. In comparison, the world average is 67.58 points, based on data from 174 countries. Historically, the average for Singapore from 1995 to 2024 is 85.97 points. The minimum value, 76.3 points, was reached in 2024 while the maximum of 93 points was recorded in 2004.

Investment growth in Singapore, March, 2025 The most recent value is 8.42 percent as of Q1 2025, an increase compared to the previous value of 7.94 percent. Historically, the average for Singapore from Q1 1976 to Q1 2025 is 8.27 percent. The minimum of -29.48 percent was recorded in Q2 2020, while the maximum of 54.72 percent was reached in Q1 1980. | TheGlobalEconomy.com

Singapore: Women political empowerment index: The latest value from 2023 is 0.783 index points, a decline from 0.799 index points in 2022. In comparison, the world average is 0.728 index points, based on data from 171 countries. Historically, the average for Singapore from 1960 to 2023 is 0.67 index points. The minimum value, 0.436 index points, was reached in 1960 while the maximum of 0.815 index points was recorded in 2020.