Singapore Economic Data

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only.


As per latest Singapore economic data in fiscal 2008 purchasing power parity GDP of Singapore was $244 billion. Official exchange rate GDP of Singapore in 2008, as per Singaporean economic data was $192.8 billion.

Economic data of Singapore for 2008 fiscal confirmed that real growth rate of gross domestic product of Singapore was 3 percent. Purchasing power parity per capita GDP of Singapore in 2008 fiscal was $52,900.

As of 2008 economic data in Singapore revealed that no contribution was made to Singapore’s GDP by its agricultural sector. During that time 2.81 million people were employed in various sectors of economy of Singapore. Rate of unemployment in Singapore at that point of time was 2.3 percent.

According to economic data at Singapore aggregate investments made in Singapore amounted to 27 percent of its gross domestic product. During 2008 revenue of Singapore amounted to $27.7 billion and its expenditures were $26.22 billion as per national budget for that year.

Economic data for Singapore has revealed that in fiscal 2008 public debt in Singapore was equivalent to 92.6 percent of its GDP. In that same period rate of inflation as per consumer prices was 6.6 percent.

As per Singapore economic data in 2008 fiscal major agricultural products were orchids, poultry, fish, vegetables, eggs and ornamental fish. Prominent industrial products of Singapore during that period were electronics, processed food and beverages, chemicals, ship repair, financial services, offshore platform construction, oil drilling equipment, life sciences, petroleum refining, entrepot trade and rubber processing and rubber products.

Singapore’s economic data reveals that in 2008 fiscal current account balance of national economy was $32.12 billion. In that time aggregate value of goods and services exported by Singapore was $349.5 billion. Major export commodities included machinery and equipments, pharmaceuticals, consumer goods and mineral fuels. At that same time aggregate value of goods and services imported in Singapore was $307.6 billion.

Singapore primarily imported goods and services like machinery and equipments, foodstuffs, mineral fuels, consumer goods and chemicals. As of 2008 Singapore economic data this Asian nation had reserves of gold and foreign exchange worth $170.1 billion and its external debt amounted to $25.54 billion.

About EconomyWatch PRO INVESTOR

The core Content Team our economy, industry, investing and personal finance reference articles.