Final consumption expenditure in Singapore
Singapore: Final consumption expenditure was 3.4% in 2025. ◆ Volatile
Final consumption expenditure in Singapore, 1961–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
The most recent figure for final consumption expenditure in Singapore is 3.4%, measured in 2025.
The figure is down 46.6% on the previous year and down 43.3% over ten years.
Over the whole period, final consumption expenditure in Singapore peaked at 14.5% in 2000 and was at its lowest, -7.7%, in 2020.
Singapore ranks 82nd of 175 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.
Final consumption expenditure in Singapore, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1961 | 10.6% | — |
| 1962 | 4.4% | -58.7% |
| 1963 | 5.8% | +33.0% |
| 1964 | -4.2% | -171.6% |
| 1965 | 4.5% | -208.6% |
| 1966 | 7.9% | +74.0% |
| 1967 | 9.0% | +14.5% |
| 1968 | 10.9% | +20.5% |
| 1969 | 10.2% | -6.4% |
| 1970 | 13.9% | +36.4% |
| 1971 | 12.6% | -9.0% |
| 1972 | 9.8% | -22.2% |
| 1973 | 7.7% | -21.5% |
| 1974 | 5.9% | -23.2% |
| 1975 | 3.2% | -46.7% |
| 1976 | 5.2% | +65.0% |
| 1977 | 5.8% | +10.9% |
| 1978 | 7.3% | +26.4% |
| 1979 | 5.5% | -24.0% |
| 1980 | 6.4% | +15.3% |
| 1981 | 4.9% | -22.5% |
| 1982 | 5.5% | +12.0% |
| 1983 | 6.4% | +16.2% |
| 1984 | 5.8% | -10.5% |
| 1985 | 3.9% | -32.4% |
| 1986 | 3.2% | -16.8% |
| 1987 | 8.3% | +156.2% |
| 1988 | 8.0% | -3.6% |
| 1989 | 7.9% | -1.1% |
| 1990 | 8.0% | +1.1% |
| 1991 | 6.5% | -18.8% |
| 1992 | 5.3% | -18.3% |
| 1993 | 12.4% | +133.4% |
| 1994 | 6.0% | -51.8% |
| 1995 | 4.9% | -17.6% |
| 1996 | 8.2% | +67.1% |
| 1997 | 5.9% | -28.4% |
| 1998 | -0.2% | -103.2% |
| 1999 | 9.1% | -4989.8% |
| 2000 | 14.5% | +59.4% |
| 2001 | 7.5% | -48.4% |
| 2002 | 3.7% | -50.6% |
| 2003 | 1.2% | -67.2% |
| 2004 | 4.4% | +264.8% |
| 2005 | 4.1% | -7.4% |
| 2006 | 5.0% | +21.8% |
| 2007 | 6.1% | +22.0% |
| 2008 | 4.7% | -22.7% |
| 2009 | 0.8% | -83.8% |
| 2010 | 5.5% | +627.8% |
| 2011 | 3.1% | -44.2% |
| 2012 | 3.1% | +1.9% |
| 2013 | 4.5% | +43.8% |
| 2014 | 3.0% | -34.0% |
| 2015 | 5.9% | +98.0% |
| 2016 | 3.3% | -44.1% |
| 2017 | 3.3% | +1.0% |
| 2018 | 4.1% | +21.9% |
| 2019 | 3.5% | -12.9% |
| 2020 | -7.7% | -316.4% |
| 2021 | 6.7% | -187.5% |
| 2022 | 6.8% | +0.8% |
| 2023 | 3.1% | -54.5% |
| 2024 | 6.3% | +104.0% |
| 2025 | 3.4% | -46.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.6% | -4.2% | 10.9% | 9 |
| 1970s | 7.7% | 3.2% | 13.9% | 10 |
| 1980s | 6.0% | 3.2% | 8.3% | 10 |
| 1990s | 6.6% | -0.2% | 12.4% | 10 |
| 2000s | 5.2% | 0.8% | 14.5% | 10 |
| 2010s | 3.9% | 3.0% | 5.9% | 10 |
| 2020s | 3.1% | -7.7% | 6.8% | 6 |
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)
- GDP (current US$), annual growth rate 5.41 % change on previous year (2025)
- GDP (current US$), per capita 98,814 current US$ per person (2025)
- GDP (current LCU), annual growth rate 3.14 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 1.31 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 129,194 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 5.03 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.7153 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 70,684 constant 2015 US$ per person (2025)
Frequently asked questions
- What is final consumption expenditure in Singapore?
- Final consumption expenditure in Singapore was 3.4% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest final consumption expenditure recorded in Singapore?
- The highest recorded value was 14.5% in 2000.
- What is the lowest final consumption expenditure recorded in Singapore?
- The lowest recorded value was -7.7% in 2020.
- How does Singapore rank for final consumption expenditure?
- Singapore ranks 82nd out of 175 countries with data for 2025.
- Is final consumption expenditure rising or falling in Singapore?
- Over the last ten years it is down 43.3%. The long-run trend across the full record is volatile.
- Where does this Singapore data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Final consumption expenditure (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.