Annual growth of households and NPISHs final consumption expenditure in Singapore
Singapore: Annual growth of households and NPISHs final consumption expenditure was 4.8% in 2024. ◆ Volatile
Annual growth of households and NPISHs final consumption expenditure in Singapore, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, annual growth of households and npishs final consumption expenditure in Singapore stood at 4.8%.
Compared with earlier readings it is down 0.4% on the previous year and up 34.0% over ten years.
Over the whole period, annual growth of households and npishs final consumption expenditure in Singapore peaked at 13.6% in 2000 and was at its lowest, -13.6%, in 2020.
That places Singapore 59th out of 185 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of households and NPISHs final consumption expenditure in Singapore, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 13.6% | — |
| 2001 | 8.1% | -40.6% |
| 2002 | 3.4% | -57.2% |
| 2003 | 1.3% | -62.8% |
| 2004 | 5.3% | +309.5% |
| 2005 | 4.1% | -22.1% |
| 2006 | 4.4% | +7.1% |
| 2007 | 7.0% | +59.7% |
| 2008 | 4.3% | -39.0% |
| 2009 | -0.3% | -106.4% |
| 2010 | 4.4% | -1677.8% |
| 2011 | 4.0% | -9.0% |
| 2012 | 3.7% | -6.0% |
| 2013 | 2.8% | -24.4% |
| 2014 | 3.6% | +28.0% |
| 2015 | 5.2% | +42.9% |
| 2016 | 3.4% | -34.6% |
| 2017 | 3.1% | -8.5% |
| 2018 | 4.4% | +41.2% |
| 2019 | 3.3% | -24.7% |
| 2020 | -13.6% | -515.7% |
| 2021 | 7.2% | -152.7% |
| 2022 | 9.7% | +34.4% |
| 2023 | 4.9% | -49.7% |
| 2024 | 4.8% | -0.4% |
Singapore compared with similar countries
- Singapore's 4.8% is above the median for high income countries, which is 1.7%, 2.9× the median. (59 countries reporting)
- Singapore's 4.8% is above the median for East Asia & Pacific, which is 4.5%, 1.1× the median. (27 countries reporting)
Biggest year-on-year movements
Years where Annual growth of households and NPISHs final consumption expenditure in Singapore changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2010 | +1677.8% | -0.3% | 4.4% |
| 2020 | -515.7% | 3.3% | -13.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.1% | -0.3% | 13.6% | 10 |
| 2010s | 3.8% | 2.8% | 5.2% | 10 |
| 2020s | 2.6% | -13.6% | 9.7% | 5 |
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 94.20 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.156 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 15,415 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 159.09 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 17.78 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.2634 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 26,032 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 12.55 % change on previous year (2025)
Frequently asked questions
- What is annual growth of households and npishs final consumption expenditure in Singapore?
- Annual growth of households and npishs final consumption expenditure in Singapore was 4.8% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of households and npishs final consumption expenditure recorded in Singapore?
- The highest recorded value was 13.6% in 2000.
- What is the lowest annual growth of households and npishs final consumption expenditure recorded in Singapore?
- The lowest recorded value was -13.6% in 2020.
- How does Singapore rank for annual growth of households and npishs final consumption expenditure?
- Singapore ranks 59th out of 185 countries with data for 2024.
- Is annual growth of households and npishs final consumption expenditure rising or falling in Singapore?
- Over the last ten years it is up 34.0%. The long-run trend across the full record is volatile.
- Where does this Singapore data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of households and NPISHs final consumption expenditure (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).