Singapore Economy Statistics
Republic of Singapore · Asia · South-Eastern Asia · Capital: Singapore
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Key Indicators
GDP (Current USD)
$547.39B
2024 ↑ 45.5% 5yr
GDP Per Capita (USD)
$90,674.067
2024 ↑ 37.5% 5yr
GDP Growth Rate (%)
4.4%
2024 ↑ 235.5% 5yr
Inflation Rate (%)
2.4%
2024 ↑ 320.8% 5yr
Unemployment Rate (%)
2.8%
2025 ↓ 31.3% 5yr
Government Debt (% of GDP)
175.6%
2024 ↑ 37.1% 5yr
Foreign Direct Investment (USD)
$151.94B
2024 ↑ 42.6% 5yr
Exports (% of GDP)
178.8%
2024 ↑ 1.1% 5yr
Historical Trends
GDP (Current USD)
GDP Per Capita (USD)
GDP Growth Rate (%)
Inflation Rate (%)
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Complete Data
GDP (Current USD)
| Year | Value | Change |
|---|---|---|
| 2024 | $547.39B | +8.3% |
| 2023 | $505.44B | -0.7% |
| 2022 | $509.02B | +16.6% |
| 2021 | $436.59B | +25.0% |
| 2020 | $349.17B | -7.2% |
| 2019 | $376.16B | -0.3% |
| 2018 | $377.12B | +9.7% |
| 2017 | $343.67B | +7.5% |
| 2016 | $319.65B | +3.8% |
| 2015 | $308.00B | -2.2% |
| 2014 | $314.86B | +2.4% |
| 2013 | $307.58B | +4.2% |
| 2012 | $295.09B | +5.6% |
| 2011 | $279.36B | +16.5% |
| 2010 | $239.81B | +23.5% |
| 2009 | $194.15B | +0.3% |
| 2008 | $193.62B | +7.0% |
| 2007 | $180.94B | +21.7% |
| 2006 | $148.63B | +16.3% |
| 2005 | $127.81B | — |
GDP Per Capita (USD)
| Year | Value | Change |
|---|---|---|
| 2024 | $90,674.067 | +6.2% |
| 2023 | $85,412.23 | -5.4% |
| 2022 | $90,299.07 | +12.8% |
| 2021 | $80,056.129 | +30.4% |
| 2020 | $61,410.079 | -6.9% |
| 2019 | $65,952.038 | -1.4% |
| 2018 | $66,881.607 | +9.2% |
| 2017 | $61,236.251 | +7.4% |
| 2016 | $57,005.589 | +2.4% |
| 2015 | $55,645.607 | -3.3% |
| 2014 | $57,564.802 | +1.0% |
| 2013 | $56,967.426 | +2.6% |
| 2012 | $55,547.555 | +3.1% |
| 2011 | $53,891.457 | +14.1% |
| 2010 | $47,236.683 | +21.3% |
| 2009 | $38,926.805 | -2.7% |
| 2008 | $40,008.572 | +1.5% |
| 2007 | $39,432.886 | +16.8% |
| 2006 | $33,768.453 | +12.7% |
| 2005 | $29,961.317 | — |
GDP Growth Rate (%)
| Year | Value | Change |
|---|---|---|
| 2024 | 4.39% | +140.9% |
| 2023 | 1.82% | -55.7% |
| 2022 | 4.11% | -57.9% |
| 2021 | 9.76% | +355.8% |
| 2020 | -3.81% | -391.6% |
| 2019 | 1.31% | -62.1% |
| 2018 | 3.45% | -22.9% |
| 2017 | 4.48% | +19.5% |
| 2016 | 3.75% | +25.9% |
| 2015 | 2.98% | -24.4% |
| 2014 | 3.94% | -18.3% |
| 2013 | 4.82% | +8.6% |
| 2012 | 4.44% | -28.6% |
| 2011 | 6.21% | -57.2% |
| 2010 | 14.52% | +11243.5% |
| 2009 | 0.13% | -93.1% |
| 2008 | 1.86% | -79.3% |
| 2007 | 9.02% | +0.2% |
| 2006 | 9.01% | +22.3% |
| 2005 | 7.37% | — |
Inflation Rate (%)
| Year | Value | Change |
|---|---|---|
| 2024 | 2.39% | -50.6% |
| 2023 | 4.83% | -21.2% |
| 2022 | 6.13% | +164.7% |
| 2021 | 2.32% | +1445.8% |
| 2020 | -0.17% | -130.3% |
| 2019 | 0.57% | +29.4% |
| 2018 | 0.44% | -23.9% |
| 2017 | 0.58% | +208.9% |
| 2016 | -0.53% | -1.5% |
| 2015 | -0.52% | -150.5% |
| 2014 | 1.03% | -56.3% |
| 2013 | 2.36% | -48.4% |
| 2012 | 4.58% | -12.8% |
| 2011 | 5.25% | +85.6% |
| 2010 | 2.83% | +380.2% |
| 2009 | 0.59% | -91.1% |
| 2008 | 6.64% | +214.5% |
| 2007 | 2.11% | +118.5% |
| 2006 | 0.97% | +127.2% |
| 2005 | 0.43% | — |
Unemployment Rate (%)
| Year | Value | Change |
|---|---|---|
| 2025 | 2.82% | +3.0% |
| 2024 | 2.74% | -20.5% |
| 2023 | 3.44% | -4.1% |
| 2022 | 3.59% | -22.6% |
| 2021 | 4.64% | +13.2% |
| 2020 | 4.10% | +32.3% |
| 2019 | 3.10% | -14.2% |
| 2018 | 3.61% | -14.0% |
| 2017 | 4.20% | +2.9% |
| 2016 | 4.08% | +7.7% |
| 2015 | 3.79% | +1.3% |
| 2014 | 3.74% | -3.1% |
| 2013 | 3.86% | +3.8% |
| 2012 | 3.72% | -4.4% |
| 2011 | 3.89% | -5.6% |
| 2010 | 4.12% | -29.7% |
| 2009 | 5.86% | +48.0% |
| 2008 | 3.96% | +1.5% |
| 2007 | 3.90% | -12.9% |
| 2006 | 4.48% | — |
Government Debt (% of GDP)
| Year | Value | Change |
|---|---|---|
| 2024 | 175.61% | +0.0% |
| 2023 | 175.60% | +13.9% |
| 2022 | 154.10% | +3.2% |
| 2021 | 149.29% | -1.6% |
| 2020 | 151.71% | +18.4% |
| 2019 | 128.08% | +15.7% |
| 2018 | 110.69% | +1.4% |
| 2017 | 109.20% | +0.3% |
| 2016 | 108.85% | +5.4% |
| 2015 | 103.32% | +3.7% |
| 2014 | 99.61% | +0.2% |
| 2013 | 99.45% | -7.8% |
| 2012 | 107.83% | +2.9% |
| 2011 | 104.79% | +3.3% |
| 2010 | 101.45% | -4.6% |
| 2009 | 106.37% | +10.3% |
| 2008 | 96.41% | +24.8% |
| 2007 | 77.28% | -6.7% |
| 2006 | 82.84% | -12.8% |
| 2005 | 94.97% | — |
Foreign Direct Investment (USD)
| Year | Value | Change |
|---|---|---|
| 2024 | $151.94B | +14.7% |
| 2023 | $132.50B | -11.5% |
| 2022 | $149.72B | +3.0% |
| 2021 | $145.40B | +82.3% |
| 2020 | $79.75B | -25.2% |
| 2019 | $106.57B | +27.8% |
| 2018 | $83.41B | -18.2% |
| 2017 | $101.97B | +56.6% |
| 2016 | $65.13B | -6.7% |
| 2015 | $69.77B | +1.6% |
| 2014 | $68.70B | +6.7% |
| 2013 | $64.39B | +16.4% |
| 2012 | $55.31B | +12.5% |
| 2011 | $49.16B | -11.1% |
| 2010 | $55.32B | +136.1% |
| 2009 | $23.44B | +72.3% |
| 2008 | $13.60B | -71.3% |
| 2007 | $47.34B | +21.0% |
| 2006 | $39.13B | +102.6% |
| 2005 | $19.32B | — |
Exports (% of GDP)
| Year | Value | Change |
|---|---|---|
| 2024 | 178.78% | -1.5% |
| 2023 | 181.56% | -2.4% |
| 2022 | 186.11% | +1.9% |
| 2021 | 182.71% | +0.5% |
| 2020 | 181.78% | +2.8% |
| 2019 | 176.89% | -0.7% |
| 2018 | 178.20% | +3.8% |
| 2017 | 171.74% | +4.4% |
| 2016 | 164.55% | -7.8% |
| 2015 | 178.38% | -7.1% |
| 2014 | 191.95% | -1.6% |
| 2013 | 195.08% | -0.8% |
| 2012 | 196.72% | -3.2% |
| 2011 | 203.33% | +2.7% |
| 2010 | 198.00% | +3.7% |
| 2009 | 190.84% | -16.7% |
| 2008 | 228.99% | +7.6% |
| 2007 | 212.78% | -6.7% |
| 2006 | 228.04% | +1.3% |
| 2005 | 225.16% | — |
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About Singapore Economy Data
This page presents comprehensive economy statistics for Singapore (Republic of Singapore), located in Asia, South-Eastern Asia. All data is sourced from the World Bank's Open Data platform, which aggregates data from officially-recognized international sources.
The data covers 8 key indicators with historical trends going back to 2000. Each indicator includes the latest available value, year-over-year trends, and time series for in-depth analysis. Data is updated weekly from the World Bank API.
For global comparisons, visit our Economy Rankings page to see how Singapore compares to other countries.