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.

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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.

The Gross Domestic Product (GDP) in Singapore expanded 4.20 percent in the third quarter of 2025 over the same quarter of the previous year. This dataset provides - Singapore GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Singapore FCA: In Flows: Forwards & Futures: Long data was reported at 52.096 USD bn in Sep 2018. This records an increase from the previous number of 51.184 USD bn for Aug 2018. Singapore FCA: In Flows: Forwards & Futures: Long data is updated monthly, averaging 44.402 USD bn from Aug 2000 (Median) to Sep 2018, with 218 observations. The data reached an all-time high of 125.849 USD bn in Aug 2011 and a record low of 0.000 USD mn in Dec 2002. Singapore FCA: In Flows: Forwards & Futures: Long data remains active status in CEIC and is reported by Monetary Authority of Singapore. The data is categorized under Global Database’s Singapore – Table SG.KA008: International Reserves and Foreign Currency Liquidity.

The ratio of national debt to gross domestic product (GDP) of Singapore amounted to about 174.30 percent in 2024. Between 1990 and 2024, the ratio rose by approximately 100.79 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The ratio will steadily rise by around 3.70 percentage points over the period from 2024 to 2030, reflecting a clear upward trend.The general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.

Singapore Open Interest: Simex Futures data was reported at 3,024,865.000 Unit in Oct 2018. This records an increase from the previous number of 3,005,621.000 Unit for Sep 2018. Singapore Open Interest: Simex Futures data is updated monthly, averaging 788,330.000 Unit from Jun 1992 (Median) to Oct 2018, with 317 observations. The data reached an all-time high of 3,024,865.000 Unit in Oct 2018 and a record low of 184,898.000 Unit in Jun 1992. Singapore Open Interest: Simex Futures data remains active status in CEIC and is reported by Monetary Authority of Singapore. The data is categorized under Global Database’s Singapore – Table SG.Z008: Simex: Futures and Options.

The gross domestic product (GDP) in current prices in Singapore stood at 547.39 billion U.S. dollars in 2024. Between 1980 and 2024, the GDP rose by 535.31 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP will steadily rise by 173.93 billion U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.

Singapore Turnover: Simex Futures data was reported at 18,619,105.000 Unit in Nov 2018. This records a decrease from the previous number of 20,797,331.000 Unit for Oct 2018. Singapore Turnover: Simex Futures data is updated monthly, averaging 3,031,210.500 Unit from Jun 1992 (Median) to Nov 2018, with 318 observations. The data reached an all-time high of 21,121,828.000 Unit in Jun 2015 and a record low of 832,824.000 Unit in Dec 1992. Singapore Turnover: Simex Futures data remains active status in CEIC and is reported by Monetary Authority of Singapore. The data is categorized under Global Database’s Singapore – Table SG.Z008: Simex: Futures and Options.

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.

Singapore Turnover: Simex Futures and Options data was reported at 22,001,274.000 Unit in Oct 2018. This records an increase from the previous number of 18,519,499.000 Unit for Sep 2018. Singapore Turnover: Simex Futures and Options data is updated monthly, averaging 3,055,733.000 Unit from Jun 1992 (Median) to Oct 2018, with 317 observations. The data reached an all-time high of 22,001,274.000 Unit in Oct 2018 and a record low of 865,677.000 Unit in Dec 1992. Singapore Turnover: Simex Futures and Options data remains active status in CEIC and is reported by Monetary Authority of Singapore. The data is categorized under Global Database’s Singapore – Table SG.Z008: Simex: Futures and Options.

Full Year GDP Growth in Singapore increased to 4.40 percent in 2024 from 1.80 percent in 2023. This dataset includes a chart with historical data for Singapore Full Year GDP Growth.

While the tourism sector GDP share in Singapore was forecast to increase long-term between 2023 and 2028 by in total *** percentage points, it is estimated to decrease in the years 2026, 2027 and 2028. The share is estimated to amount to **** percent in 2028. While the share was forecast to increase significant in the next years, the increase will slow down in the future.Depited is the economic contribution of the tourism sector in relation to the gross domestic product of the country or region at hand.The forecast has been adjusted for the expected impact of COVID-19.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than *** countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).Find more key insights for the tourism sector GDP share in countries like Malaysia and Myanmar.

Singapore Turnover: Daily Avg: Simex Futures data was reported at 937,784.000 Contract in Sep 2018. This records an increase from the previous number of 778,952.000 Contract for Aug 2018. Singapore Turnover: Daily Avg: Simex Futures data is updated monthly, averaging 219,851.000 Contract from Jan 1999 (Median) to Sep 2018, with 237 observations. The data reached an all-time high of 1,029,230.000 Contract in Feb 2018 and a record low of 70,675.000 Contract in Dec 1999. Singapore Turnover: Daily Avg: Simex Futures data remains active status in CEIC and is reported by Monetary Authority of Singapore. The data is categorized under Global Database’s Singapore – Table SG.Z008: Simex: Futures and Options.

Singapore Turnover: Daily Avg: Simex Futures and Options data was reported at 1,098,358.000 Contract in Oct 2018. This records an increase from the previous number of 984,063.000 Contract for Sep 2018. Singapore Turnover: Daily Avg: Simex Futures and Options data is updated monthly, averaging 221,635.500 Contract from Jan 1999 (Median) to Oct 2018, with 238 observations. The data reached an all-time high of 1,098,358.000 Contract in Oct 2018 and a record low of 73,546.000 Contract in Dec 1999. Singapore Turnover: Daily Avg: Simex Futures and Options data remains active status in CEIC and is reported by Monetary Authority of Singapore. The data is categorized under Global Database’s Singapore – Table SG.Z008: Simex: Futures and Options.

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Dataset from Singapore Department of Statistics. For more information, visit https://data.gov.sg/datasets/d_c52be84b3643c964b0af161998653dfd/view

Singapore Open Interest: Simex Options data was reported at 2,675,385.000 Unit in Nov 2018. This records a decrease from the previous number of 2,713,240.000 Unit for Oct 2018. Singapore Open Interest: Simex Options data is updated monthly, averaging 140,674.500 Unit from Jun 1992 (Median) to Nov 2018, with 318 observations. The data reached an all-time high of 2,746,994.000 Unit in Nov 2017 and a record low of 6,448.000 Unit in Mar 2009. Singapore Open Interest: Simex Options data remains active status in CEIC and is reported by Monetary Authority of Singapore. The data is categorized under Global Database’s Singapore – Table SG.Z008: Simex: Futures and Options.

In 2024, the average consumer price inflation rate in Singapore amounted to about 2.39 percent compared to the previous year. For 2030, Singapore’s inflation is expected to level off at around 1.97 percent. Singapore’s economy in shortSingapore is a prospering, highly developed economy, relying heavily on its role as an intermediary port for transport and storage of goods and merchandise. The lion’s share of its GDP is generated by the services sector, mainly by financial services, oil-refining, and manufacturing. Tourism is also an important contributor. It is one of the leading economies in Asia with one of the highest GDPs in the ASEAN region. The great slump of 2015 to 2016As dramatic as it looks, there was no definite reason for Singapore’s inflation rate to drop below zero in 2015 and 2016. A slump in economic growth and oil prices, as well as a low consumer price index were most likely responsible for inflation taking a hit in those years. Singapore has since recovered and continues its success story as one of the leading economies in the East.

Singapore FCA: Out Flows: Forwards & Futures: Short data was reported at 0.000 USD mn in Oct 2018. This stayed constant from the previous number of 0.000 USD mn for Sep 2018. Singapore FCA: Out Flows: Forwards & Futures: Short data is updated monthly, averaging 0.000 USD mn from Aug 2000 (Median) to Oct 2018, with 219 observations. The data reached an all-time high of 0.000 USD mn in Oct 2018 and a record low of -3.067 USD bn in Aug 2001. Singapore FCA: Out Flows: Forwards & Futures: Short data remains active status in CEIC and is reported by Monetary Authority of Singapore. The data is categorized under Global Database’s Singapore – Table SG.KA008: International Reserves and Foreign Currency Liquidity.