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

The Gross Domestic Product (GDP) in Singapore expanded 2.40 percent in the third quarter of 2025 over the previous quarter. This dataset provides - Singapore GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Singapore recorded a real gross domestic product (GDP) growth rate of around 4.4 percent in 2024 compared to the previous year. While up from the previous year, this number is expected to decline in 2025, settling around 2.5 percent in the future. What is GDP? GDP is a measure of a country’s income, and most economists agree that slow but steady GDP growth is best for a developed economy. GDP measures the total value of all goods and services produced within a country during a certain time period. With the highest GDP per capita in ASEAN, Singapore certainly qualifies as developed, meaning that it should target GDP growth around 2 to 3 percent. Singapore’s context Singapore is a small, open economy. As such, it has little influence on, and high exposure to, international trends. For example, a shift in the exchange rate with a major trading partner can have significant effects on the economy. For Singapore, who relies heavily on exports, these kinds of shocks can affect the entire economy. For example, a weaker Singapore dollar would increase GDP by raising net exports, but this would also lead to higher inflation. As a result, policymakers in Singapore have to follow many factors if they want to continue enjoying healthy GDP growth.

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

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.

According to a survey conducted in April 2024, ** percent of Generation X respondents were optimistic about Singapore's economic outlook. In comparison, only ** percent of respondents from the Boomers generation expressed the same opinion.

GDP from Transport in Singapore increased to 9369.60 SGD Million in the second quarter of 2025 from 9301.40 SGD Million in the first quarter of 2025. This dataset provides - Singapore Gdp From Transport- actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

Key information about Singapore Nominal GDP Growth

• Singapore Nominal GDP Growth was reported at 3.395 % in Sep 2025.
• This records an increase from the previous number of 2.640 % for Jun 2025.
• Singapore Nominal GDP Growth data is updated quarterly, averaging 0.000 % from Mar 1976 to Sep 2025, with 199 observations.
• Singapore Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Quarterly: Seasonally Adjusted.

Historical dataset showing Singapore economic growth by year from 1960 to 2023.

View yearly updates and historical trends for Singapore GDP Per Capita Outlook. Source: International Monetary Fund. Track economic data with YCharts anal…

In the fourth quarter of 2024, Singapore's gross domestic product (GDP) grew by *** percent compared to the previous quarter. In the previous quarter, the GDP grew by *** percent.

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.

Singapore MTI Forecast: GDP: YoY: Maximum data was reported at 3.500 % in 2019. This stayed constant from the previous number of 3.500 % for 2018. Singapore MTI Forecast: GDP: YoY: Maximum data is updated yearly, averaging 3.500 % from Dec 2006 (Median) to 2019, with 14 observations. The data reached an all-time high of 8.000 % in 2007 and a record low of -6.000 % in 2009. Singapore MTI Forecast: GDP: YoY: Maximum 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.A004: GDP: Forecast: Ministry of Trade and Industry.

Consumption growth in Singapore, June, 2025 The most recent value is 4.35 percent as of Q2 2025, a decline compared to the previous value of 4.4 percent. Historically, the average for Singapore from Q1 1976 to Q2 2025 is 7.2 percent. The minimum of -29.94 percent was recorded in Q2 2020, while the maximum of 27.94 percent was reached in Q2 2021. | TheGlobalEconomy.com

Business Confidence in Singapore increased to 8 points in the third quarter of 2025 from 5 points in the second quarter of 2025. This dataset provides - Singapore Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The real gross domestic product (GDP) growth of Samoa was around **** percent in 2024, which was the highest growth rate across all countries and territories in the Asia-Pacific region in that year. In comparison, China's real GDP was reported to grow at about five percent in 2024 and projected to grow by **** percent by 2030.

In 2024, the real gross domestic product (GDP) in Vietnam grew by approximately **** percent, marking the highest growth rate in Southeast Asia. In comparison, Myanmar's real GDP growth rate dropped by **** percent. Southeast Asia, a tapestry of economic and cultural complexity Historically a critical component of global trade, Southeast Asia is a diverse region with heterogeneous economies. The region comprises ** countries in total. While Singapore is a highly developed country economy and Brunei has a relatively high GDP per capita, the rest of the Southeast Asian countries are characterized by lower GDPs per capita and have yet to overcome the middle-income trap. Malaysia is one of these countries, having reached the middle-income level for many decades but yet to grow incomes proportionally to its economic development. Nevertheless, Southeast Asia’s young population will further drive economic growth across the region’s markets. ASEAN’s economic significance Aiming to promote economic growth, social progress, cultural development, and regional stability, all Southeast Asian countries except for Timor-Leste are part of the political and economic union Association of Southeast Asian Nations (ASEAN). Even though many concerns surround the union, ASEAN has avoided trade conflicts and is one of the largest and most dynamic trade zones globally. Factors such as the growing young population, high GDP growth, a largely positive trade balance, and exemplary regional integration hold great potential for future economic development in Southeast Asia.

Dataset from Singapore Department of Statistics. For more information, visit https://data.gov.sg/datasets/d_a5ff719648a0e6d4b4c623ee383ab686/view

Future Outlook and Projections for Singapore Executive Education Market on the Basis of Revenues in USD Billion, 2024-2029 The Singapore executive education market is projected to grow steadily by 2029, demonstrating a robust CAGR during the forecast period. This growth is expected to be driven by the increasing need for professional upskilling, globalization, and advancements in digital learning platforms. What Lies Ahead for Singapore Executive Education Market?