Divergence of GDP per capita among latecomers to the capitalist revolution in Singapore

Singapore: Divergence of GDP per capita among latecomers to the capitalist revolution was 68,402 2011$ in 2018. ◆ Volatile

Latest (2018)
68,402 2011$
Change on year
up 1.6%
World rank
4th
of 145 countries
All-time high
68,402 2011$
in 2018
All-time low
1,423 2011$
in 1870
Years of data
110
1870–2018

Divergence of GDP per capita among latecomers to the capitalist revolution in Singapore, 1870–2018

020.0k40.0k60.0k187019442018

Source: Maddison Project Database (2018) – processed by Our World in Data. Measured in 2011$.

Analysis

Singapore recorded 68,402 2011$ for divergence of gdp per capita among latecomers to the capitalist revolution in 2018. That is the highest value across all 110 years on record.

That represents a change of up 1.6% on the previous year and up 31.1% over ten years.

Over the whole period, divergence of gdp per capita among latecomers to the capitalist revolution in Singapore peaked at 68,402 2011$ in 2018 and was at its lowest, 1,423 2011$, in 1870.

That places Singapore 4th out of 145 countries with data for 2018, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Divergence of GDP per capita among latecomers to the capitalist revolution in Singapore, year by year

Annual values for Divergence of GDP per capita among latecomers to the capitalist revolution in Singapore, 1870 to 2018.
Year 2011$ Change
1870 1,423 2011$
1900 2,206 2011$ +55.0%
1901 2,429 2011$ +10.1%
1902 2,297 2011$ -5.4%
1903 1,975 2011$ -14.0%
1904 1,910 2011$ -3.3%
1905 2,114 2011$ +10.7%
1906 2,375 2011$ +12.3%
1907 2,166 2011$ -8.8%
1908 2,488 2011$ +14.9%
1909 2,515 2011$ +1.1%
1910 2,732 2011$ +8.6%
1911 2,447 2011$ -10.4%
1912 2,094 2011$ -14.4%
1913 1,812 2011$ -13.5%
1914 2,166 2011$ +19.5%
1915 2,209 2011$ +2.0%
1916 1,827 2011$ -17.3%
1917 2,530 2011$ +38.5%
1918 1,978 2011$ -21.8%
1919 2,244 2011$ +13.4%
1920 1,932 2011$ -13.9%
1921 2,182 2011$ +12.9%
1922 2,884 2011$ +32.2%
1923 2,952 2011$ +2.4%
1924 2,888 2011$ -2.2%
1925 3,255 2011$ +12.7%
1926 2,686 2011$ -17.5%
1927 1,986 2011$ -26.1%
1928 2,361 2011$ +18.9%
1929 3,323 2011$ +40.7%
1930 3,049 2011$ -8.2%
1931 2,246 2011$ -26.3%
1932 1,954 2011$ -13.0%
1933 2,766 2011$ +41.6%
1934 3,263 2011$ +18.0%
1935 3,676 2011$ +12.7%
1936 3,652 2011$ -0.7%
1937 3,967 2011$ +8.6%
1938 3,363 2011$ -15.2%
1939 3,912 2011$ +16.3%
1950 3,572 2011$ -8.7%
1951 3,368 2011$ -5.7%
1952 2,342 2011$ -30.5%
1953 2,794 2011$ +19.3%
1954 3,202 2011$ +14.6%
1955 2,946 2011$ -8.0%
1956 3,241 2011$ +10.0%
1957 2,874 2011$ -11.3%
1958 2,880 2011$ +0.2%
1959 3,239 2011$ +12.5%
1960 3,464 2011$ +6.9%
1961 3,623 2011$ +4.6%
1962 3,775 2011$ +4.2%
1963 4,049 2011$ +7.3%
1964 3,800 2011$ -6.1%
1965 3,991 2011$ +5.0%
1966 4,317 2011$ +8.2%
1967 4,741 2011$ +9.8%
1968 5,294 2011$ +11.7%
1969 5,931 2011$ +12.0%
1970 6,650 2011$ +12.1%
1971 7,318 2011$ +10.0%
1972 8,155 2011$ +11.4%
1973 8,894 2011$ +9.1%
1974 9,314 2011$ +4.7%
1975 9,602 2011$ +3.1%
1976 10,178 2011$ +6.0%
1977 10,790 2011$ +6.0%
1978 11,588 2011$ +7.4%
1979 12,521 2011$ +8.1%
1980 13,601 2011$ +8.6%
1981 14,335 2011$ +5.4%
1982 14,687 2011$ +2.5%
1983 15,720 2011$ +7.0%
1984 16,767 2011$ +6.7%
1985 16,611 2011$ -0.9%
1986 16,831 2011$ +1.3%
1987 18,345 2011$ +9.0%
1988 19,853 2011$ +8.2%
1989 21,221 2011$ +6.9%
1990 22,666 2011$ +6.8%
1991 23,637 2011$ +4.3%
1992 24,776 2011$ +4.8%
1993 27,074 2011$ +9.3%
1994 29,455 2011$ +8.8%
1995 30,957 2011$ +5.1%
1996 32,724 2011$ +5.7%
1997 34,868 2011$ +6.6%
1998 33,590 2011$ -3.7%
1999 35,156 2011$ +4.7%
2000 37,773 2011$ +7.4%
2001 36,865 2011$ -2.4%
2002 37,830 2011$ +2.6%
2003 38,951 2011$ +3.0%
2004 42,111 2011$ +8.1%
2005 44,699 2011$ +6.1%
2006 48,074 2011$ +7.6%
2007 51,844 2011$ +7.8%
2008 52,180 2011$ +0.6%
2009 51,344 2011$ -1.6%
2010 58,613 2011$ +14.2%
2011 61,672 2011$ +5.2%
2012 62,783 2011$ +1.8%
2013 64,633 2011$ +2.9%
2014 65,655 2011$ +1.6%
2015 65,660 2011$ +0.0%
2016 65,729 2011$ +0.1%
2017 67,331 2011$ +2.4%
2018 68,402 2011$ +1.6%

Singapore compared with similar countries

  • Singapore's 68,402 2011$ is above the median for high income countries, which is 35,336 2011$, 1.9× the median. (51 countries reporting)
  • Singapore's 68,402 2011$ is above the median for East Asia & Pacific, which is 15,016 2011$, 4.6× the median. (12 countries reporting)

Biggest year-on-year movements

Years where Divergence of GDP per capita among latecomers to the capitalist revolution 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.

YearChange FromTo
1900 +55.0% 1,423 2011$ 2,206 2011$

Averages by decade

DecadeAverage LowestHighest Years
1870s 1,423 2011$ 1,423 2011$ 1,423 2011$ 1
1900s 2,248 2011$ 1,910 2011$ 2,515 2011$ 10
1910s 2,204 2011$ 1,812 2011$ 2,732 2011$ 10
1920s 2,645 2011$ 1,932 2011$ 3,323 2011$ 10
1930s 3,185 2011$ 1,954 2011$ 3,967 2011$ 10
1950s 3,046 2011$ 2,342 2011$ 3,572 2011$ 10
1960s 4,298 2011$ 3,464 2011$ 5,931 2011$ 10
1970s 9,501 2011$ 6,650 2011$ 12,521 2011$ 10
1980s 16,797 2011$ 13,601 2011$ 21,221 2011$ 10
1990s 29,490 2011$ 22,666 2011$ 35,156 2011$ 10
2000s 44,167 2011$ 36,865 2011$ 52,180 2011$ 10
2010s 64,498 2011$ 58,613 2011$ 68,402 2011$ 9

Countries ranked near Singapore

  1. 1 Qatar 153,764 2011$ compare
  2. 2 Norway 84,580 2011$ compare
  3. 3 United Arab Emirates 76,398 2011$ compare
  4. 5 Kuwait 65,521 2011$ compare
  5. 6 Ireland 64,684 2011$ compare
  6. 7 Switzerland 61,373 2011$ compare

See the full ranking of 145 places →

More economy & growth data for Singapore

All data for Singapore →

Frequently asked questions

What is divergence of gdp per capita among latecomers to the capitalist revolution in Singapore?
Divergence of gdp per capita among latecomers to the capitalist revolution in Singapore was 68,402 2011$ in 2018, according to Maddison Project Database (2018) – processed by Our World in Data.
What is the highest divergence of gdp per capita among latecomers to the capitalist revolution recorded in Singapore?
The highest recorded value was 68,402 2011$ in 2018.
What is the lowest divergence of gdp per capita among latecomers to the capitalist revolution recorded in Singapore?
The lowest recorded value was 1,423 2011$ in 1870.
How does Singapore rank for divergence of gdp per capita among latecomers to the capitalist revolution?
Singapore ranks 4th out of 145 countries with data for 2018.
Is divergence of gdp per capita among latecomers to the capitalist revolution rising or falling in Singapore?
Over the last ten years it is up 31.1%. The long-run trend across the full record is volatile.
Where does this Singapore data come from?
The figures come from Maddison Project Database (2018) – processed by Our World in Data, published as part of Divergence of GDP per capita among latecomers to the capitalist revolution. Statizoid updates them automatically from the source API.

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Divergence of GDP per capita among latecomers to the capitalist revolution in Singapore. Statizoid, drawing on Maddison Project Database (2018) – processed by Our World in Data. Retrieved 16 September 2026, from https://economy.statizoid.com/stat/divergence-of-gdp-per-capita-among-latecomers-to-the-capitalist-revolution-18002016/singapore/

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About this data

Indicator
Divergence of GDP per capita among latecomers to the capitalist revolution
Unit
2011$
Source
Maddison Project Database (2018) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
145 places, 17,704 data points, 1000–2018
Last refreshed

Unit 1 'The capitalist revolution: prosperity, inequality, and planetary limits’ in The CORE Team, The Economy 2.0 Microeconomics. Available at: https://tinyco.re/4329598 [Figure 1.19]