Singapore Economic Statistics and Indicators

28, Aug 2015, EDT. Welcome to the Singapore economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Singapore › Change country
National or Regional Currency: Singapore Dollar, SGD
Year of data: 2014 › Change year
Number of Indicators Listed: 40
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 5,567,301 (July 2014 est.)
Area: total: 697 sq km ; land: 687 sq km ; water: 10 sq km
Natural Resources: fish, deepwater ports
Capital: name: Singapore ; geographic coordinates: 1 17 N, 103 51 E ; time difference: UTC+8 (13 hours ahead of Washington, DC, during Standard Time)

Singapore has a highly developed and successful free-market economy. It enjoys a remarkably open and corruption-free environment, stable prices, and a per capita GDP higher than that of most developed countries. The economy depends heavily on exports, particularly in consumer electronics, information technology products, pharmaceuticals, and on a growing financial services sector. The economy contracted 0.6% in 2009 as a result of the global financial crisis, but rebounded 15.1% in 2010, on the strength of renewed exports, before slowing to in 2011-13, largely a result of soft demand for exports during the second European recession. Over the longer term, the government hopes to establish a new growth path that focuses on raising productivity. Singapore has attracted major investments in pharmaceuticals and medical technology production and will continue efforts to establish Singapore as Southeast Asia's financial and high-tech hub.
More on the Singapore Economy
More on the Singapore Export, Import and Trade

Economic Indicator Listing
  For Singapore in year 2014 Indicator Value
GDP Growth (Constant Prices, National Currency) 2.96 %
GDP (Current Prices, National Currency)SGD 385.304 Billion.
GDP (Current Prices, US Dollars)US$ 307.085 Billion
GDP Deflator 102.826 (Index, Base Year as per country's accounts = 100)
GDP Per Capita (Constant Prices, National Currency)SGD 68,470.79 .
GDP Per Capita (Current Prices, National Currency)SGD 70,405.81 .
GDP Per Capita (Current Prices, US Dollars)US$ 56,112.98
GDP (PPP), US DollarsUS$ 445.174 Billion
GDP Per Capita (PPP), US DollarsUS$ 81,345.67
GDP Share of World Total (PPP) 0.416 %
Implied PPP Conversion Rate 0.866
Investment (% of GDP) 29.231 %
Gross National Savings (% of GDP) 46.813 %
Inflation, Average Consumer Prices (Indexed to Year 2000) 117.383 (Index, Base Year 2000 = 100)
Inflation (Average Consumer Price Change %) 1.358 %
Inflation, End of Year (Indexed to Year 2000) 118.198 (Index, Base Year 2000 = 100)
Inflation (End of Year Change %) 1.13 %
Import Volume of All Items Including Goods and Services (Percent Change) 6.194 %
Import Volumes of Goods Only (Percent Change) 6.32 %
Export Volume of All Items Including Goods and Services (Percent Change) 5.733 %
Export Volumes of Goods Only (Percent Change) 6.016 %
Unemployment Rate (% of Labour Force) 2 %
Employment 3.199 Million
Population 5.473 Million
General government revenue (National Currency)SGD 85.4 Billions.
General government revenue (% of GDP) 21.95 %
General government total expenditure (National Currency)SGD 68.54 Billions.
General government total expenditure (% of GDP) 17.616 %
Total Government Net Lending/ Borrowing (National Currency)SGD 16.86 Billions.
Total Government Net Lending/ Borrowing (% of GDP) 4.333 %
General Government Structural Balance (National Currency)SGD 16.175 Billion.
General Government Structural Balance (% Potential GDP) 4.234 %
Fiscal Year Gross Domestic Product, Current PricesSGD 389.073 Billions.
Current Account Balance (US Dollars)US$ 53.989 Billion
Current Account Balance (% GDP) 17.581 %
Economic Indicators for Singapore 2014

GDP (Constant Prices, National Currency) for Singapore in year 2014 is SGD 374.714 Billion.

GDP Growth (Constant Prices, National Currency) for Singapore in year 2014 is 2.96 %.

GDP (Current Prices, National Currency) for Singapore in year 2014 is SGD 385.304 Billion.

GDP (Current Prices, US Dollars) for Singapore in year 2014 is US$ 307.085 Billion.

GDP Deflator for Singapore in year 2014 is 102.826 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Singapore in year 2014 is SGD 68,470.79 .

GDP Per Capita (Current Prices, National Currency) for Singapore in year 2014 is SGD 70,405.81 .

GDP Per Capita (Current Prices, US Dollars) for Singapore in year 2014 is US$ 56,112.98 .

GDP (PPP), US Dollars for Singapore in year 2014 is US$ 445.174 Billion.

GDP Per Capita (PPP), US Dollars for Singapore in year 2014 is US$ 81,345.67 .

GDP Share of World Total (PPP) for Singapore in year 2014 is 0.416 %.

Implied PPP Conversion Rate for Singapore in year 2014 is 0.866 .

Investment (% of GDP) for Singapore in year 2014 is 29.231 %.

Gross National Savings (% of GDP) for Singapore in year 2014 is 46.813 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Singapore in year 2014 is 117.383 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Singapore in year 2014 is 1.358 %.

Inflation, End of Year (Indexed to Year 2000) for Singapore in year 2014 is 118.198 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Singapore in year 2014 is 1.13 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Singapore in year 2014 is 6.194 %.

Import Volumes of Goods Only (Percent Change) for Singapore in year 2014 is 6.32 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Singapore in year 2014 is 5.733 %.

Export Volumes of Goods Only (Percent Change) for Singapore in year 2014 is 6.016 %.

Unemployment Rate (% of Labour Force) for Singapore in year 2014 is 2 %.

Employment for Singapore in year 2014 is 3.199 Million .

Population for Singapore in year 2014 is 5.473 Million .

General government revenue (National Currency) for Singapore in year 2014 is SGD 85.4 Billions.

General government revenue (% of GDP) for Singapore in year 2014 is 21.95 %.

General government total expenditure (National Currency) for Singapore in year 2014 is SGD 68.54 Billions.

General government total expenditure (% of GDP) for Singapore in year 2014 is 17.616 %.

Total Government Net Lending/ Borrowing (National Currency) for Singapore in year 2014 is SGD 16.86 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Singapore in year 2014 is 4.333 %.

General Government Structural Balance (National Currency) for Singapore in year 2014 is SGD 16.175 Billion.

General Government Structural Balance (% Potential GDP) for Singapore in year 2014 is 4.234 %.

Fiscal Year Gross Domestic Product, Current Prices for Singapore in year 2014 is SGD 389.073 Billions.

Current Account Balance (US Dollars) for Singapore in year 2014 is US$ 53.989 Billion.

Current Account Balance (% GDP) for Singapore in year 2014 is 17.581 %.

* Source: IMF
Aggregate Indicators for Singapore
Indicators
  Geography (Location, geographic coordinates, map references, area, terrain, elevation extremes, borders, coastline and maritime claims) for Singapore
  Climate and Environment (climate, environmental issues, environmental agreements, natural hazards) for Singapore
  Natural Resources, Agricultural Products, Land Use and Water Use for Singapore
  Nationality, Ethnic Groups, Languages and Religions for Singapore
  Telephone Statistics: Number of Fixed Lines, Mobile Phone Penetration Rate for Singapore
  Age Structure, Median Age, Gender and Urbanization for Singapore
  Population Growth Rate, Birth Rate, Death Rate, Net Migration Rate for Singapore
  Life Expectancy Rate, Infant Mortality Rate and Total Fertility Rate for Singapore
  HIV, AIDS and Other Major Infectious Disease Rates for Singapore
  Literacy Rate, Educational Expenditure and School Life Expectancy for Singapore
  Gross Domestic Product (PPP, Official Exchange Rate, Real Growth Rate and Per Capita) for Singapore
  Industries and Industrial Growth Production Rate for Singapore
  Labor Force by Occupation for Singapore
  Poverty Line, Gini Index, Household Income and Consumption for Singapore
  National Budget and Public Debt for Singapore
  Bank Rates (Commercial Bank Prime Lending Rate, Central Bank Discount Rate) for Singapore
  Stock of Money, Stock of Quasi Money, Stock of Domestic Credit for Singapore
  Stock Market Capitalization: Market Value of Publicly Traded Shares for Singapore
  Trade Statistics, Export Statistics, Export Partners and Products, Import Statistics, Import Partners and Products for Singapore
  Foreign Exchange Reserves and Gold Reserves for Singapore
  FDI Statistics (Foreign Direct Investment at Home/ Inbound FDI, Foreign Direct Investment Abroad/ Outbound FDI) for Singapore
  Exchange Rate Statistics for Singapore
  Electricity Production, Electricity Consumption, Electricity Exports and Electricity Imports for Singapore
  Oil Production, Proven Oil Reserves, Oil Consumption, Oil Exports and Oil Imports for Singapore
  Natural Gas Production, Proven Natural Gas Reserves, Natural Gas Consumption, Natural Gas Exports and Natural Gas Imports for Singapore
  Television and Radio Statistics (TV Stats, Radio Stats) for Singapore
  Internet Statistics (Internet Users, Internet Hosts, Country TLD) for Singapore
  Airport Statistics (Paved Runway Airports, Unpaved Runway Airports, Heliports) for Singapore
  Transport Statistics (Railways, Roadways, Waterways, Ports and Terminals, Airports, Merchant Marine) for Singapore
  Military Statistics (Military Expenditure, Military Branches, Service Age and Obligation, Manpower Available and Fit for Military Service) for Singapore
  Disputes, Refugees, Human Trafficking and Illicit Drug Production for Singapore
* Source: CIA
Internet Indicators for Singapore
Indicators
  Number of Internet Users for Singapore
  Internet Penetration Rate for Singapore
  Number of Facebook Accounts for Singapore
  Facebook Penetration Rate for Singapore
* Source: IWS
Economic Freedom Indicators for Singapore
Indicators
  Economic Freedom World Rank for Singapore
  Economic Freedom Regional Ranking for Singapore
  Business Freedom for Singapore
  Trade Freedom for Singapore
  Fiscal Freedom for Singapore
  Government Spending for Singapore
  Monetary Freedom for Singapore
  Investment Freedom for Singapore
  Financial Freedom for Singapore
  Property Rights for Singapore
  Freedom from Corruption for Singapore
  Labor Freedom for Singapore
  Tariff Rate for Singapore
  Income Tax Rate for Singapore
  Corporate Tax Rate for Singapore
  Tax Burden % of GDP for Singapore
  Government Expenditure % of GDP for Singapore
* Source: HFO
Corruption Perceptions Index Rank and Score for Singapore
Indicator
  Corruption Perceptions Index Rank and Score for Singapore
* Source: TIO
Singapore Economic Indicators in other Years
  Singapore Economic Indicators for Year 2019 (Forecast)
  Singapore Economic Indicators for Year 2018 (Forecast)
  Singapore Economic Indicators for Year 2017 (Forecast)
  Singapore Economic Indicators for Year 2016 (Forecast)
  Singapore Economic Indicators for Year 2015 (Forecast)
Singapore Economic Indicators for Year 2014 (Current)
  Singapore Economic Indicators for Year 2013
  Singapore Economic Indicators for Year 2012
  Singapore Economic Indicators for Year 2011
  Singapore Economic Indicators for Year 2010
  Singapore Economic Indicators for Year 2009
  Singapore Economic Indicators for Year 2008
  Singapore Economic Indicators for Year 2007
  Singapore Economic Indicators for Year 2006
  Singapore Economic Indicators for Year 2005
  Singapore Economic Indicators for Year 2004
  Singapore Economic Indicators for Year 2003
  Singapore Economic Indicators for Year 2002
  Singapore Economic Indicators for Year 2001
  Singapore Economic Indicators for Year 2000
  Singapore Economic Indicators for Year 1999
  Singapore Economic Indicators for Year 1998
  Singapore Economic Indicators for Year 1997
  Singapore Economic Indicators for Year 1996
  Singapore Economic Indicators for Year 1995
  Singapore Economic Indicators for Year 1994
  Singapore Economic Indicators for Year 1993
  Singapore Economic Indicators for Year 1992
  Singapore Economic Indicators for Year 1991
  Singapore Economic Indicators for Year 1990
  Singapore Economic Indicators for Year 1989
  Singapore Economic Indicators for Year 1988
  Singapore Economic Indicators for Year 1987
  Singapore Economic Indicators for Year 1986
  Singapore Economic Indicators for Year 1985
  Singapore Economic Indicators for Year 1984
  Singapore Economic Indicators for Year 1983
  Singapore Economic Indicators for Year 1982
  Singapore Economic Indicators for Year 1981
  Singapore Economic Indicators for Year 1980


Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International