The Gross Domestic Product per capita in Singapore was last recorded at 67706.83 US dollars in 2024. The GDP per Capita in Singapore is equivalent to 536 percent of the world's average. This dataset provides - Singapore GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The gross domestic product (GDP) per capita in Singapore amounted to 90,670 U.S. dollars in 2024. Between 1980 and 2024, the GDP per capita rose by 85,670 U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP per capita will steadily rise by 23,570 U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product per capita at current prices. Thereby, the gross domestic product was first converted from national currency to U.S. dollars at current exchange rates and then divided by the total population. The gross domestic product is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period (here a year).

In 2025, Luxembourg was the country with the highest gross domestic product per capita in the world. Of the 20 listed countries, 13 are in Europe and five are in Asia, alongside the U.S. and Australia. There are no African or Latin American countries among the top 20. Correlation with high living standards While GDP is a useful indicator for measuring the size or strength of an economy, GDP per capita is much more reflective of living standards. For example, when compared to life expectancy or indices such as the Human Development Index or the World Happiness Report, there is a strong overlap - 14 of the 20 countries on this list are also ranked among the 20 happiest countries in 2024, and all 20 have "very high" HDIs. Misleading metrics? GDP per capita figures, however, can be misleading, and to paint a fuller picture of a country's living standards then one must look at multiple metrics. GDP per capita figures can be skewed by inequalities in wealth distribution, and in countries such as those in the Middle East, a relatively large share of the population lives in poverty while a smaller number live affluent lifestyles.

Key information about Singapore GDP Per Capita

• Singapore Gross Domestic Product (GDP) per Capita reached 90,689.000 USD in Dec 2024, compared with 85,392.000 USD in Dec 2023.
• Singapore GDP Per Capita data is updated yearly, available from Dec 1960 to Dec 2024, with an average number of 16,136.000 USD.
• The data reached an all-time high of 90,689.000 USD in Dec 2024 and a record low of 428.000 in Dec 1960.
• Mid-Year Population is used in the calculation of GDP per Capita.

Related information about Singapore GDP Per Capita data

• In the latest reports, Singapore GDP expanded 4.200 % YoY in Sep 2025.
• Singapore Nominal GDP reached 147.764 USD bn in Sep 2025.
• Its GDP deflator (implicit price deflator) fell 0.722 % in Sep 2025.
• Gross Savings Rate of Singapore was measured at 47.456 % in Dec 2024.

Actual value and historical data chart for Singapore GDP Per Capita Growth Annual Percent

Actual value and historical data chart for Singapore GDP Per Capita Ppp Us Dollar

Actual value and historical data chart for Singapore GDP Per Capita Us Dollar

The Gross Domestic Product per capita in Singapore was last recorded at 132569.53 US dollars in 2024, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Singapore, when adjusted by Purchasing Power Parity is equivalent to 746 percent of the world's average. This dataset provides - Singapore GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Singapore Real GDP Growth

• The Gross Domestic Product (GDP) in Singapore expanded 4.2 % YoY in Sep 2025, following a growth of 4.7 % in the previous quarter.
• Real GDP Growth YoY data in Singapore is updated quarterly, available from Mar 1976 to Sep 2025, with an average rate of 9.4 %.
• The data reached an all-time high of 18.6 % in Jun 2010 and a record low of -11.9 % in Jun 2020.

The Singapore Department of Statistics provides Real GDP Growth at chain linked 2015 prices.


Related information about Singapore Real GDP Growth

• In the latest reports, Nominal GDP of Singapore reached 147.8 USD bn in Sep 2025.
• Its GDP deflator (implicit price deflator) fell 0.7 % in Sep 2025.
• GDP Per Capita in Singapore 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.

Key information about Singapore GDP Deflator Growth

• Singapore GDP deflator (implicit price deflator) fell 0.7 % in Sep 2025, compared with a drop of 2.0 % in the previous quarter.
• Singapore GDP Deflator Growth data is updated quarterly, available from Mar 1976 to Sep 2025, with an average rate of 4.8 %.
• The data reached an all-time high of 20.3 % in Jun 2022 and a record low of -8.7 % in Jun 2023.

CEIC calculates GDP Deflator Growth from quarterly Nominal and Real GDP. The Singapore Department of Statistics provides Nominal GDP in local currency and Real GDP in local currency, at chain linked 2015 prices.


Related information about Singapore GDP Deflator Growth

• In the latest reports, Singapore GDP expanded 4.2 % YoY in Sep 2025.
• Its Nominal GDP reached 147.8 USD bn 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.

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.

Actual value and historical data chart for Singapore GDP Per Capita Constant 2000 Us Dollar

The statistic shows gross domestic product (GDP) per capita in the ASEAN countries from 2020 to 2024, with projections up until 2030. In 2024, GDP per capita in Singapore was almost ****** U.S. dollars: more than five times the average of all ASEAN countries, and more than 80 times larger than that of Myanmar.

The average for 2024 based on 11 countries was 15067.24 U.S. dollars. The highest value was in Singapore: 90674.07 U.S. dollars and the lowest value was in Burma (Myanmar): 1359.26 U.S. dollars. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.

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.

Key information about Singapore Investment: % of GDP

• Singapore Investment accounted for 22.2 % of its Nominal GDP in Dec 2024, compared with a ratio of 21.2 % in the previous year.
• Singapore investment share of Nominal GDP data is updated yearly, available from Dec 1960 to Dec 2024, with an average ratio of 35.5 %.
• The data reached an all-time high of 46.9 % in Dec 1984 and a record low of 11.3 % in Dec 1960.

CEIC calculates Investment as % of Nominal GDP from annual Nominal Gross Capital Formation and annual Nominal GDP. Gross Capital Formation is calculated as the sum of Gross Fixed Capital Formation and Changes in Inventories. The Singapore Department of Statistics provides Nominal Gross Capital Formation in local currency and Nominal GDP in local currency.


Related information about Singapore Investment: % of GDP

• In the latest reports, Singapore GDP expanded 4.2 % YoY in Sep 2025.
• Singapore Nominal GDP reached 147.8 USD bn 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.

Key information about Singapore Public Consumption: % of GDP

• Singapore Public Consumption accounted for 10.6 % of its Nominal GDP in Dec 2024, compared with a share of 10.0 % in the previous year.
• Singapore Public Consumption share of Nominal GDP ratio is updated yearly, available from Dec 1960 to Dec 2024, with an average number of 8.8 %.
• The data reached an all-time high of 13.4 % in Dec 1985 and a record low of 7.5 % in Dec 1960.

CEIC calculates Government Consumption as % of Nominal GDP from annual Government Consumption Expenditure and annual Nominal GDP. The Singapore Department of Statistics provides Government Consumption Expenditure in local currency and Nominal GDP in local currency.


Related information about Singapore Public Consumption: % of GDP

• In the latest reports, Singapore GDP expanded 4.2 % YoY in Sep 2025.
• Singapore Nominal GDP reached 147.8 USD bn 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.
• Private Consumption accounted for 31.5 % in Dec 2024.

Key information about Singapore Private Consumption: % of GDP

• Singapore Private Consumption accounted for 31.5 % of its Nominal GDP in Dec 2024, compared with a ratio of 31.6 % in the previous year.
• Singapore Private Consumption contribution to Nominal GDP ratio is updated yearly, available from Dec 1960 to Dec 2024, with an average share of 43.3 %.
• The data reached an all-time high of 90.4 % in Dec 1961 and a record low of 28.0 % in Dec 2022.

CEIC calculates Private Consumption as % of Nominal GDP from annual Private Consumption Expenditure and annual Nominal GDP. The Singapore Department of Statistics provides Private Consumption Expenditure in local currency and Nominal GDP in local currency.


Related information about Singapore Private Consumption: % of GDP

• In the latest reports, Singapore GDP expanded 4.2 % YoY in Sep 2025.
• Its Nominal GDP reached 147.8 USD bn 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.

GDP per capita (current LCU) in Singapore was reported at 121162 LCU in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Singapore - GDP per capita (current LCU) - actual values, historical data, forecasts and projections were sourced from the World Bank on November of 2025.

In 2022, Luxembourg had the largest gross domestic product (GDP) per capita at purchasing power parity. The country ranked first with a PPP-adjusted GDP per capita of about 141,000 international dollars. Ireland and Singapore followed in the places behind.