The Gross Domestic Product (GDP) in Singapore expanded 4.40 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.

In the first quarter of 2024, the Singapore GDP grew by ***** percent compared to the same quarter the previous year. The GDP was forecast to grow by *** percent in the second quarter of 2024, compared to the corresponding quarter the previous year.

In the second quarter of 2023, Singapore's gross domestic product (GDP) stood at around *** billion Singapore dollars. Singapore is one of Asia-Pacific's most advanced free-market economies and its main economic sectors include manufacturing, wholesale trade, and banking and financial services.

Economic growth, quarterly in Singapore, June, 2025 The most recent value is 1.4 percent as of Q2 2025, an increase compared to the previous value of -0.5 percent. Historically, the average for Singapore from Q2 1975 to Q2 2025 is 1.5 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

Consumption as percent of GDP in Singapore, March, 2025 The most recent value is 31.59 percent as of Q1 2025, an increase compared to the previous value of 31.47 percent. Historically, the average for Singapore from Q1 1975 to Q1 2025 is 41.97 percent. The minimum of 26.61 percent was recorded in Q2 2022, while the maximum of 60.46 percent was reached in Q4 1975. | TheGlobalEconomy.com

Investment as percent of GDP in Singapore, March, 2025 The most recent value is 21.76 percent as of Q1 2025, a decline compared to the previous value of 22.55 percent. Historically, the average for Singapore from Q1 1975 to Q1 2025 is 30.85 percent. The minimum of 19.02 percent was recorded in Q3 2020, while the maximum of 50.69 percent was reached in Q2 1983. | TheGlobalEconomy.com

Consumption growth in Singapore, March, 2025 The most recent value is 4.43 percent as of Q1 2025, a decline compared to the previous value of 4.84 percent. Historically, the average for Singapore from Q1 1976 to Q1 2025 is 7.21 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

In the second quarter of 2023, the tourism receipts collected in Singapore was 12.04 billion Singapore dollars. The increase in tourism receipts was likely due to the ease of the cross-border restrictions related to the COVID-19 pandemic.

Singapore recorded a Current Account surplus of 34796.60 SGD Million in the second quarter of 2025. This dataset provides - Singapore Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Economic growth, quarterly in Singapour, juin, 2025 Pour cet indicateur, Department of Statistics Singapore fournit des données pour la Singapour de Q2 1975 à Q2 2025. La valeur moyenne pour Singapour pendant cette période était de 1.5 pour cent avec un minimum de -12.1 pour cent en Q2 2020 et un maximum de 9.1 pour cent en Q3 2020. | TheGlobalEconomy.com

Employment, million people in Singapore, June, 2025 The most recent value is 4.06 million employed people as of Q2 2025, an increase compared to the previous value of 4.05 million employed people. Historically, the average for Singapore from Q4 2001 to Q2 2025 is 3.21 million employed people. The minimum of 2.12 million employed people was recorded in Q2 2003, while the maximum of 4.06 million employed people was reached in Q2 2025. | TheGlobalEconomy.com

Unemployment Rate in Singapore increased to 2.10 percent in the second quarter of 2025 from 2 percent in the first quarter of 2025. This dataset provides the latest reported value for - Singapore Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Shopee's gross merchandise value amounted to **** billion U.S. dollars in the second quarter of 2024. Shopee is a subsidiary of Sea Limited, one of Southeast Asia's leading online service providers headquartered in Singapore. Sea Limited rides the pandemic-driven e-commerce wave Shopee is the most visited e-commerce platform in Singapore, surpassing rivals Lazada, Amazon, and Qoo10. The e-commerce platform saw a marked increase in monthly web traffic with the onset of the COVID-19 pandemic. Lockdowns and movement restrictions imposed during the pandemic accelerated the use of digital services such as e-commerce. A quarter of Singaporean consumers now reported purchasing items online several times a month. Choppy seas ahead for one of Singapore’s leading unicorns However, the quick, short-term gains brought about at the beginning of the pandemic have given way to increasing challenges in 2022. The marked increase in revenue for digital services such as e-commerce and digital entertainment has stabilized with the easing of restrictions and a return to normal. Coupled with global economic and political crises, tech companies such as Sea are seeing their stock value tumble. To mitigate their losses, Sea has resorted to cost-cutting measures, such as reigning in their expansion to other international markets and mass lay-offs in their e-commerce arm, Shopee.