Singapore Economic Statistics and Indicators

12, May 2021, 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: 2015 › 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.
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GDP (Constant Prices, National Currency) for Singapore in year 2015 is SGD 391.349 Billion.

GDP Growth (Constant Prices, National Currency) for Singapore in year 2015 is 2.008 %.

GDP (Current Prices, National Currency) for Singapore in year 2015 is SGD 402.458 Billion.

GDP (Current Prices, US Dollars) for Singapore in year 2015 is US$ 292.734 Billion.

GDP Deflator for Singapore in year 2015 is 102.839 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Singapore in year 2015 is SGD 70,704.31 .

GDP Per Capita (Current Prices, National Currency) for Singapore in year 2015 is SGD 72,711.43 .

GDP Per Capita (Current Prices, US Dollars) for Singapore in year 2015 is US$ 52,887.77 .

GDP (PPP), US Dollars for Singapore in year 2015 is US$ 471.877 Billion.

GDP Per Capita (PPP), US Dollars for Singapore in year 2015 is US$ 85,253.24 .

GDP Share of World Total (PPP) for Singapore in year 2015 is 0.416 %.

Implied PPP Conversion Rate for Singapore in year 2015 is 0.853 .

Investment (% of GDP) for Singapore in year 2015 is 26.29 %.

Gross National Savings (% of GDP) for Singapore in year 2015 is 45.953 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Singapore in year 2015 is 99.461 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Singapore in year 2015 is -0.523 %.

Inflation, End of Year (Indexed to Year 2000) for Singapore in year 2015 is 99.117 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Singapore in year 2015 is -0.725 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Singapore in year 2015 is 6.764 %.

Import Volumes of Goods Only (Percent Change) for Singapore in year 2015 is 2.958 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Singapore in year 2015 is 2.469 %.

Export Volumes of Goods Only (Percent Change) for Singapore in year 2015 is 2.219 %.

Unemployment Rate (% of Labour Force) for Singapore in year 2015 is 1.9 %.

Employment for Singapore in year 2015 is 3.302 Million .

Population for Singapore in year 2015 is 5.535 Million .

General government revenue (National Currency) for Singapore in year 2015 is SGD 86.856 Billions.

General government revenue (% of GDP) for Singapore in year 2015 is 21.427 %.

General government total expenditure (National Currency) for Singapore in year 2015 is SGD 82.248 Billions.

General government total expenditure (% of GDP) for Singapore in year 2015 is 20.29 %.

Total Government Net Lending/ Borrowing (National Currency) for Singapore in year 2015 is SGD 4.608 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Singapore in year 2015 is 1.137 %.

General Government Structural Balance (National Currency) for Singapore in year 2015 is SGD 4.268 Billion.

General Government Structural Balance (% Potential GDP) for Singapore in year 2015 is 1.067 %.

Fiscal Year Gross Domestic Product, Current Prices for Singapore in year 2015 is SGD 405.365 Billions.

Current Account Balance (US Dollars) for Singapore in year 2015 is US$ 57.561 Billion.

Current Account Balance (% GDP) for Singapore in year 2015 is 19.663 %.