Singapore: Economic growth forecast: The latest value from 2030 is 2.51 percent, an increase from 2.46 percent in 2029. In comparison, the world average is 3.25 percent, based on data from 182 countries. Historically, the average for Singapore from 1980 to 2030 is 5.57 percent. The minimum value, -3.82 percent, was reached in 2020 while the maximum of 14.52 percent was recorded in 2010.

According to a survey conducted in April 2024, 68 percent of Generation X respondents were optimistic about Singapore's economic outlook. In comparison, only 27 percent of respondents from the Boomers generation expressed the same opinion.

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?

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 4.30 percent in the second 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 posted a gross domestic product (GDP) growth rate of 1.35 percent in 2019, after adjusting for inflation. While up from the previous two years, this number is expected to decline in 2023, 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.

In 2023, Singapore Co-Working Space Market reached a value of USD 88.2 million, and it is projected to surge to USD 407.8 million by 2030

The Gross Domestic Product (GDP) in Singapore expanded 1.40 percent in the second 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.

Future Outlook and Projections for Singapore Logistics and Warehousing Market on the Basis of Revenues in USD Billion, 2024-2029 The Singapore logistics and warehousing market is projected to witnesssteady and resilient growth by 2029, supported by regional trade integration, digital transformation, and increasing demand for high-value logistics services. The market is expected to register a healthy CAGR over the forecast period, with Singapore continuing to position itself as a regional logistics and supply chain innovation hub. What Lies Ahead for Singapore Logistics and Warehousing Market?

The retail market in Singapore reached USD 36.25 Billion in 2024. The market is expected to grow at a CAGR of 3.70% between 2025 and 2034, reaching USD 52.13 Billion by 2034.

• Singapore Real Estate | Ken Research

Market Size, Trends, Segmentation, and Future Outlook Across Key Sectors Base Year : 2024

Singapore MTI Forecast: GDP: YoY: Minimum data was reported at 1.500 % in 2019. This records a decrease from the previous number of 3.000 % for 2018. Singapore MTI Forecast: GDP: YoY: Minimum data is updated yearly, averaging 3.000 % from Dec 2006 (Median) to 2019, with 14 observations. The data reached an all-time high of 7.000 % in 2007 and a record low of -9.000 % in 2009. Singapore MTI Forecast: GDP: YoY: Minimum 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.

The revenue in the 'Social Commerce' segment of the e-commerce market in Singapore was forecast to continuously increase between 2024 and 2029 by in total ***** million U.S. dollars (+***** percent). After the tenth consecutive increasing year, the revenue is estimated to reach ****** million U.S. dollars and therefore a new peak in 2029. Notably, the revenue of the 'Social Commerce' segment of the e-commerce market was continuously increasing over the past years.Find further information concerning the share in total e-commerce in the 'Social Commerce' segment of the e-commerce market in Singapore and the number of users in the 'Social Commerce' segment of the e-commerce market in Thailand.The Statista Market Insights cover a broad range of additional markets.

Future Outlook and Projections for Singapore Car Finance Market on the Basis of Loan Disbursements in USD Billion, 2024-2029 The Singapore auto finance market is projected to grow steadily by 2029, exhibiting a moderate CAGR during the forecast period. Growth will be driven by technological advancements, evolving consumer preferences, and increasing adoption of green financing solutions. What Lies Ahead for the Singapore Auto Finance Market?

Singapore MAS Forecast: Bank Loans: Median data was reported at 6.900 % in Sep 2018. This records an increase from the previous number of 5.800 % for Jun 2018. Singapore MAS Forecast: Bank Loans: Median data is updated quarterly, averaging 5.750 % from Dec 1999 (Median) to Sep 2018, with 76 observations. The data reached an all-time high of 28.000 % in Dec 2011 and a record low of -2.700 % in Dec 1999. Singapore MAS Forecast: Bank Loans: Median 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.KB005: Bank Loans: Forecast: Monetary Authority of Singapore: Survey of Professional Forecasters.

GDP from Transport in Singapore increased to 9206.10 SGD Million in the first quarter of 2025 from 8956.30 SGD Million in the fourth quarter of 2024. This dataset provides - Singapore Gdp From Transport- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Singapore: Investment forecast: The latest value from 2030 is 24.13 percent, a decline from 24.4 percent in 2029. In comparison, the world average is 24.06 percent, based on data from 164 countries. Historically, the average for Singapore from 1980 to 2030 is 30.07 percent. The minimum value, 17.23 percent, was reached in 2003 while the maximum of 46.93 percent was recorded in 1984.

Singapore Wealth Management Market is valued at USD 198 billion in 2024, driven by demand for professional advisory, advanced fintech adoption, and a thriving single-family office ecosystem.

Singapore: Unemployment rate forecast: The latest value from 2030 is 1.9 percent, unchanged from 1.9 percent in 2029. In comparison, the world average is 6.28 percent, based on data from 100 countries. Historically, the average for Singapore from 1980 to 2030 is 2.67 percent. The minimum value, 1.43 percent, was reached in 1997 while the maximum of 6.28 percent was recorded in 1982.