Annual growth rate of real GDP per capita in Singapore
Singapore: Annual growth rate of real GDP per capita was 3.6% in 2024. ◆ Volatile
Latest (2024)
3.6%
Change on year
up 700.0%
World rank
58th
of 226 countries
All-time high
12.1%
in 2010
All-time low
-3.1%
in 2009
Years of data
25
2000–2024
Annual growth rate of real GDP per capita in Singapore, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for annual growth rate of real gdp per capita in Singapore is 3.6%, measured in 2024.
Compared with earlier readings it is up 700.0% on the previous year and up 38.5% over ten years.
Over the whole period, annual growth rate of real gdp per capita in Singapore peaked at 12.1% in 2010 and was at its lowest, -3.1%, in 2009.
Singapore ranks 58th of 226 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.
Annual growth rate of real GDP per capita in Singapore, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 7.2% | — |
| 2001 | -3.0% | -141.7% |
| 2002 | 3.2% | -206.7% |
| 2003 | 4.8% | +50.0% |
| 2004 | 9.0% | +87.5% |
| 2005 | 5.0% | -44.4% |
| 2006 | 5.6% | +12.0% |
| 2007 | 4.5% | -19.6% |
| 2008 | -2.6% | -157.8% |
| 2009 | -3.1% | +19.2% |
| 2010 | 12.1% | -490.3% |
| 2011 | 4.1% | -66.1% |
| 2012 | 2.2% | -46.3% |
| 2013 | 3.0% | +36.4% |
| 2014 | 2.6% | -13.3% |
| 2015 | 1.7% | -34.6% |
| 2016 | 2.8% | +64.7% |
| 2017 | 4.0% | +42.9% |
| 2018 | 2.9% | -27.5% |
| 2019 | 0.7% | -75.9% |
| 2020 | -3.0% | -528.6% |
| 2021 | 11.2% | -473.3% |
| 2022 | 2.2% | -80.4% |
| 2023 | -0.6% | -127.3% |
| 2024 | 3.6% | -700.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.1% | -3.1% | 9.0% | 10 |
| 2010s | 3.6% | 0.7% | 12.1% | 10 |
| 2020s | 2.7% | -3.0% | 11.2% | 5 |
Countries ranked near Singapore
- 55 Ghana 3.7% compare
- 55 Kazakhstan 3.7% compare
- 55 Micronesia 3.7% compare
- 58 Uganda 3.6% compare
- 60 Mongolia 3.5% compare
- 60 North Macedonia 3.5% compare
- 60 Poland 3.5% compare
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 rate of real gdp per capita in Singapore?
- Annual growth rate of real gdp per capita in Singapore was 3.6% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth rate of real gdp per capita recorded in Singapore?
- The highest recorded value was 12.1% in 2010.
- What is the lowest annual growth rate of real gdp per capita recorded in Singapore?
- The lowest recorded value was -3.1% in 2009.
- How does Singapore rank for annual growth rate of real gdp per capita?
- Singapore ranks 58th out of 226 countries with data for 2024.
- Is annual growth rate of real gdp per capita rising or falling in Singapore?
- Over the last ten years it is up 38.5%. 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 rate of real GDP per capita (%). 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).