Final consumption expenditure in Singapore

Singapore: Final consumption expenditure was 274.73 billion constant LCU in 2025. ◆ Volatile

Latest (2025)
274.73 billion constant LCU
Change on year
up 3.4%
World rank
104th
of 177 countries
All-time high
274.73 billion constant LCU
in 2025
All-time low
7.65 billion constant LCU
in 1960
Years of data
66
1960–2025

Final consumption expenditure in Singapore, 1960–2025

0100.0B200.0B300.0B196019922025

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

Annual values for Final consumption expenditure (constant LCU) in Singapore, 1960 to 2025.
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

DecadeAverage LowestHighest 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

  1. 101 Bolivia 290.78 billion constant LCU compare
  2. 102 Yemen 281.66 billion constant LCU compare
  3. 103 New Zealand 277.24 billion constant LCU compare
  4. 105 Qatar 258.43 billion constant LCU compare
  5. 106 Honduras 255.89 billion constant LCU compare
  6. 107 Syria 253.98 billion constant LCU compare

See the full ranking of 177 places →

More economy & growth data for Singapore

All data for Singapore →

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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Final consumption expenditure in Singapore. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 22 September 2026, from https://economy.statizoid.com/stat/final-consumption-expenditure-constant-lcu/singapore/

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About this data

Indicator
Final consumption expenditure (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
177 places, 7,542 data points, 1960–2025
Last refreshed

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.