Rank in the Economic Complexity Index in Singapore
Singapore: Rank in the Economic Complexity Index was 3 in 2016. ◆ Volatile
Rank in the Economic Complexity Index in Singapore, 1964–2016
Source: Observatory of Economic Complexity and Atlas of Economic Complexity (2016) – processed by Our World in Data.
Analysis
The most recent figure for rank in the economic complexity index in Singapore is 3, measured in 2016. That is the lowest value across all 53 years on record.
Compared with earlier readings it is down 40.0% on the previous year and down 76.9% over ten years.
Over the whole period, rank in the economic complexity index in Singapore peaked at 45 in 1971 and was at its lowest, 3, in 2016.
Singapore ranks 119th of 121 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Rank in the Economic Complexity Index in Singapore, year by year
| Year | Value | Change |
|---|---|---|
| 1964 | 27 | — |
| 1965 | 32 | +18.5% |
| 1966 | 38 | +18.8% |
| 1967 | 34 | -10.5% |
| 1968 | 36 | +5.9% |
| 1969 | 38 | +5.6% |
| 1970 | 41 | +7.9% |
| 1971 | 45 | +9.8% |
| 1972 | 40 | -11.1% |
| 1973 | 37 | -7.5% |
| 1974 | 38 | +2.7% |
| 1975 | 38 | +0.0% |
| 1976 | 41 | +7.9% |
| 1977 | 35 | -14.6% |
| 1978 | 39 | +11.4% |
| 1979 | 39 | +0.0% |
| 1980 | 41 | +5.1% |
| 1981 | 39 | -4.9% |
| 1982 | 38 | -2.6% |
| 1983 | 35 | -7.9% |
| 1984 | 27 | -22.9% |
| 1985 | 28 | +3.7% |
| 1986 | 23 | -17.9% |
| 1987 | 26 | +13.0% |
| 1988 | 26 | +0.0% |
| 1989 | 26 | +0.0% |
| 1990 | 23 | -11.5% |
| 1991 | 21 | -8.7% |
| 1992 | 20 | -4.8% |
| 1993 | 21 | +5.0% |
| 1994 | 20 | -4.8% |
| 1995 | 20 | +0.0% |
| 1996 | 19 | -5.0% |
| 1997 | 21 | +10.5% |
| 1998 | 19 | -9.5% |
| 1999 | 16 | -15.8% |
| 2000 | 11 | -31.2% |
| 2001 | 13 | +18.2% |
| 2002 | 9 | -30.8% |
| 2003 | 12 | +33.3% |
| 2004 | 9 | -25.0% |
| 2005 | 9 | +0.0% |
| 2006 | 13 | +44.4% |
| 2007 | 9 | -30.8% |
| 2008 | 11 | +22.2% |
| 2009 | 8 | -27.3% |
| 2010 | 7 | -12.5% |
| 2011 | 9 | +28.6% |
| 2012 | 6 | -33.3% |
| 2013 | 7 | +16.7% |
| 2014 | 5 | -28.6% |
| 2015 | 5 | +0.0% |
| 2016 | 3 | -40.0% |
Singapore compared with similar countries
- Singapore's 3 is below the median for high income countries, which is 23, 13% of the median. (47 countries reporting)
- Singapore's 3 is below the median for East Asia & Pacific, which is 42, 7% of the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 34.17 | 27 | 38 | 6 |
| 1970s | 39.3 | 35 | 45 | 10 |
| 1980s | 30.9 | 23 | 41 | 10 |
| 1990s | 20 | 16 | 23 | 10 |
| 2000s | 10.4 | 8 | 13 | 10 |
| 2010s | 6 | 3 | 9 | 7 |
Countries ranked near Singapore
- 117 Germany 5 compare
- 118 South Korea 4 compare
- 120 Japan 2 compare
- 121 Switzerland 1 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 rank in the economic complexity index in Singapore?
- Rank in the economic complexity index in Singapore was 3 in 2016, according to Observatory of Economic Complexity and Atlas of Economic Complexity (2016) – processed by Our World in Data.
- What is the highest rank in the economic complexity index recorded in Singapore?
- The highest recorded value was 45 in 1971.
- What is the lowest rank in the economic complexity index recorded in Singapore?
- The lowest recorded value was 3 in 2016.
- How does Singapore rank for rank in the economic complexity index?
- Singapore ranks 119th out of 121 countries with data for 2016.
- Is rank in the economic complexity index rising or falling in Singapore?
- Over the last ten years it is down 76.9%. The long-run trend across the full record is volatile.
- Where does this Singapore data come from?
- The figures come from Observatory of Economic Complexity and Atlas of Economic Complexity (2016) – processed by Our World in Data, published as part of Rank in the Economic Complexity Index. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
The Economic Complexity Index (ECI) takes data on exports, and reduces a country’s economic system into two dimensions: (i) The number or ‘diversification’ of products in the export basket, and (ii) the quality, or ‘ubiquity’ of products in the export basket. This map ranks countries by ECI scores. The highest rank is 1 and corresponds to the country with the most complex economy in that year.