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.

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.

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.

GDP from Manufacturing in Singapore decreased to 28694.90 SGD Million in the second quarter of 2025 from 28823.10 SGD Million in the first quarter of 2025. This dataset provides - Singapore Gdp From Manufacturing- actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

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.

In 2024, the GDP of the Singaporean manufacturing industry amounted to approximately ****** billion Singapore dollars. Singapore's manufacturing industry is the largest of its goods producing industries; however, the services producing industry was almost *** times larger than the goods producing industries in that year.

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 GDP Composition by Sector, 2016 Discover more data with ReportLinker!

Dataset from Singapore Department of Statistics. For more information, visit https://data.gov.sg/datasets/d_d0db56a7c201c9a1e42c846d4fe6da8f/view

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.

GDP from Mining in Singapore increased to 94888.10 SGD Million in the second quarter of 2025 from 93444.90 SGD Million in the first quarter of 2025. This dataset provides - Singapore Gdp From Mining- actual values, historical data, forecast, chart, statistics, economic calendar and news.

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 2024, the gross domestic product (GDP) from the manufacturing sector in Singapore was approximately 119.46 billion Singapore dollars. In comparison, the agricultural sector's GDP was 200.7 million Singapore dollars.

In 2024, the gross domestic product (GDP) of the information and communication industry in Singapore amounted to approximately ******billion Singapore dollars. This sector has been growing over the last ten years.

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.

In 2024, Singapore’s construction sector contributed around ***** billion Singapore dollars to the country’s gross domestic product (GDP). This was a noticeable increase after the construction sector had been especially affected by the COVID-19 pandemic. Robust private and public sector demand in 2019 The construction sector in Singapore experienced three consecutive years of negative growth until 2019. This increase was fueled in part by the unexpected higher demand from the private sector, especially by the construction of new petrochemical facilities by global giants Linde and ExxonMobil. Public construction demand, meanwhile, has been growing steadily since 2015, supported by major civil engineering projects such as the expansion of the MRT lines and housing development. In that year, the value of contracts awarded for both private and public sector construction amounted to around ** billion Singapore dollars. Impact of COVID-19 on the construction sector However, the COVID-19 pandemic has already negatively impacted the construction industry. Singapore experienced its worst recession since independence, and in Q1 2020, the construction sector contracted by **** percent. Social distancing measures and the stopping of non-essential work meant that many construction projects were put on hold. Furthermore, Singapore’s construction sector is facing a two-fold labor crisis. This industry is heavily reliant on migrant workers from foreign countries. The global restrictions in travel meant that hardly any new labor was available. Adding to this challenge, the migrant workers in Singapore had been badly hit by COVID-19, making up the largest share of COVID-19 infections in the country.

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.; ;

Singapore SG: GDP: % of Manufacturing: Medium and High Tech Industry data was reported at 80.379 % in 2015. This records a decrease from the previous number of 84.582 % for 2014. Singapore SG: GDP: % of Manufacturing: Medium and High Tech Industry data is updated yearly, averaging 80.435 % from Dec 1990 (Median) to 2015, with 26 observations. The data reached an all-time high of 88.037 % in 2008 and a record low of 64.759 % in 1990. Singapore SG: GDP: % of Manufacturing: Medium and High Tech 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.WDI: Gross Domestic Product: Share of GDP. The proportion of medium and high-tech industry value added in total value added of manufacturing; ; United Nations Industrial Development Organization (UNIDO), Competitive Industrial Performance (CIP) database; ;

Forecast: Contribution to GDP of Manufacturing in Singapore 2024 - 2028 Discover more data with ReportLinker!