Final consumption expenditure in Singapore
Singapore: Final consumption expenditure was 274.73 billion constant LCU in 2025. ◆ Volatile
Final consumption expenditure in Singapore, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2025, final consumption expenditure in Singapore stood at 274.73 billion constant LCU. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 3.4% on the previous year and up 37.0% over ten years.
Over the whole period, final consumption expenditure in Singapore peaked at 274.73 billion constant LCU in 2025 and was at its lowest, 7.65 billion constant LCU, in 1960.
Singapore ranks 104th of 177 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 | constant LCU | Change |
|---|---|---|
| 1960 | 7.65 billion constant LCU | — |
| 1961 | 8.46 billion constant LCU | +10.6% |
| 1962 | 8.83 billion constant LCU | +4.4% |
| 1963 | 9.35 billion constant LCU | +5.8% |
| 1964 | 8.96 billion constant LCU | -4.2% |
| 1965 | 9.36 billion constant LCU | +4.5% |
| 1966 | 10.10 billion constant LCU | +7.9% |
| 1967 | 11.01 billion constant LCU | +9.0% |
| 1968 | 12.20 billion constant LCU | +10.9% |
| 1969 | 13.44 billion constant LCU | +10.2% |
| 1970 | 15.31 billion constant LCU | +13.9% |
| 1971 | 17.24 billion constant LCU | +12.6% |
| 1972 | 18.93 billion constant LCU | +9.8% |
| 1973 | 20.39 billion constant LCU | +7.7% |
| 1974 | 21.60 billion constant LCU | +5.9% |
| 1975 | 22.28 billion constant LCU | +3.2% |
| 1976 | 23.43 billion constant LCU | +5.2% |
| 1977 | 24.79 billion constant LCU | +5.8% |
| 1978 | 26.59 billion constant LCU | +7.3% |
| 1979 | 28.06 billion constant LCU | +5.5% |
| 1980 | 29.86 billion constant LCU | +6.4% |
| 1981 | 31.33 billion constant LCU | +4.9% |
| 1982 | 33.07 billion constant LCU | +5.5% |
| 1983 | 35.20 billion constant LCU | +6.4% |
| 1984 | 37.23 billion constant LCU | +5.8% |
| 1985 | 38.68 billion constant LCU | +3.9% |
| 1986 | 39.93 billion constant LCU | +3.2% |
| 1987 | 43.24 billion constant LCU | +8.3% |
| 1988 | 46.70 billion constant LCU | +8.0% |
| 1989 | 50.40 billion constant LCU | +7.9% |
| 1990 | 54.43 billion constant LCU | +8.0% |
| 1991 | 57.96 billion constant LCU | +6.5% |
| 1992 | 61.04 billion constant LCU | +5.3% |
| 1993 | 68.60 billion constant LCU | +12.4% |
| 1994 | 72.70 billion constant LCU | +6.0% |
| 1995 | 76.28 billion constant LCU | +4.9% |
| 1996 | 82.54 billion constant LCU | +8.2% |
| 1997 | 87.40 billion constant LCU | +5.9% |
| 1998 | 87.23 billion constant LCU | -0.2% |
| 1999 | 95.14 billion constant LCU | +9.1% |
| 2000 | 108.89 billion constant LCU | +14.5% |
| 2001 | 117.02 billion constant LCU | +7.5% |
| 2002 | 121.33 billion constant LCU | +3.7% |
| 2003 | 122.79 billion constant LCU | +1.2% |
| 2004 | 128.20 billion constant LCU | +4.4% |
| 2005 | 133.43 billion constant LCU | +4.1% |
| 2006 | 140.06 billion constant LCU | +5.0% |
| 2007 | 148.55 billion constant LCU | +6.1% |
| 2008 | 155.51 billion constant LCU | +4.7% |
| 2009 | 156.70 billion constant LCU | +0.8% |
| 2010 | 165.38 billion constant LCU | +5.5% |
| 2011 | 170.48 billion constant LCU | +3.1% |
| 2012 | 175.85 billion constant LCU | +3.1% |
| 2013 | 183.81 billion constant LCU | +4.5% |
| 2014 | 189.30 billion constant LCU | +3.0% |
| 2015 | 200.50 billion constant LCU | +5.9% |
| 2016 | 207.13 billion constant LCU | +3.3% |
| 2017 | 214.05 billion constant LCU | +3.3% |
| 2018 | 222.76 billion constant LCU | +4.1% |
| 2019 | 230.66 billion constant LCU | +3.5% |
| 2020 | 212.97 billion constant LCU | -7.7% |
| 2021 | 227.27 billion constant LCU | +6.7% |
| 2022 | 242.65 billion constant LCU | +6.8% |
| 2023 | 250.12 billion constant LCU | +3.1% |
| 2024 | 265.81 billion constant LCU | +6.3% |
| 2025 | 274.73 billion constant LCU | +3.4% |
Singapore compared with similar countries
- Singapore's 274.73 billion constant LCU is below the median for high income countries, which is 277.24 billion constant LCU, 99% of the median. (61 countries reporting)
- Singapore's 274.73 billion constant LCU is below the median for East Asia & Pacific, which is 780.84 billion constant LCU, 35% of the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 9.94 billion constant LCU | 7.65 billion constant LCU | 13.44 billion constant LCU | 10 |
| 1970s | 21.86 billion constant LCU | 15.31 billion constant LCU | 28.06 billion constant LCU | 10 |
| 1980s | 38.56 billion constant LCU | 29.86 billion constant LCU | 50.40 billion constant LCU | 10 |
| 1990s | 74.33 billion constant LCU | 54.43 billion constant LCU | 95.14 billion constant LCU | 10 |
| 2000s | 133.25 billion constant LCU | 108.89 billion constant LCU | 156.70 billion constant LCU | 10 |
| 2010s | 195.99 billion constant LCU | 165.38 billion constant LCU | 230.66 billion constant LCU | 10 |
| 2020s | 245.59 billion constant LCU | 212.97 billion constant LCU | 274.73 billion constant LCU | 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)
- 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 final consumption expenditure in Singapore?
- Final consumption expenditure in Singapore was 274.73 billion constant LCU 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 274.73 billion constant LCU in 2025.
- What is the lowest final consumption expenditure recorded in Singapore?
- The lowest recorded value was 7.65 billion constant LCU in 1960.
- How does Singapore rank for final consumption expenditure?
- Singapore ranks 104th out of 177 countries with data for 2025.
- Is final consumption expenditure rising or falling in Singapore?
- Over the last ten years it is up 37.0%. 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 (constant LCU). 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.