Annual gdp growth in Singapore
Singapore: Annual gdp growth was 1.08 in 2023. β Volatile
Latest (2023)
1.08
Change on year
down 71.9%
World rank
157th
of 211 countries
All-time high
14.52
in 2010
All-time low
-3.87
in 2020
Years of data
24
2000β2023
Annual gdp growth in Singapore, 2000β2023
Source: Our World in Data.
Analysis
Singapore recorded 1.08 for annual gdp growth in 2023.
Compared with earlier readings it is down 71.9% on the previous year and down 77.6% over ten years.
Over the whole period, annual gdp growth in Singapore peaked at 14.52 in 2010 and was at its lowest, -3.87, in 2020.
Singapore ranks 157th of 211 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.38 | -1.07 | 9.94 | 10 |
| 2010s | 4.99 | 1.35 | 14.52 | 10 |
| 2020s | 2.68 | -3.87 | 9.69 | 4 |
Countries ranked near Singapore
More economy & growth data for Singapore
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.99 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.5 Percent per annum (2029)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.5686 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 1.76 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 1.28 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 0.7788 (2025)
- Gdp worldbank constant usd, annual growth rate 5.03 % change on previous year (2025)
- Gdp worldbank constant usd, per unit of GDP 0.7153 units per US$ of GDP (2025)
- Gdp worldbank constant usd, per capita 70,684 units per person (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2025)
Frequently asked questions
- What is annual gdp growth in Singapore?
- Annual gdp growth in Singapore was 1.08 in 2023, according to Our World in Data.
- What is the highest annual gdp growth recorded in Singapore?
- The highest recorded value was 14.52 in 2010.
- What is the lowest annual gdp growth recorded in Singapore?
- The lowest recorded value was -3.87 in 2020.
- How does Singapore rank for annual gdp growth?
- Singapore ranks 157th out of 211 countries with data for 2023.
- Is annual gdp growth rising or falling in Singapore?
- Over the last ten years it is down 77.6%. The long-run trend across the full record is volatile.
- Where does this Singapore data come from?
- The figures come from Our World in Data, published as part of Annual gdp growth. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 24 observations, free to reuse under CC BY 4.0 (Our World in Data).