Final consumption expenditure in Singapore
Singapore: Final consumption expenditure was 249.64 billion current US$ in 2025. ◆ Volatile
Latest (2025)
249.64 billion current US$
Change on year
up 7.0%
World rank
45th
of 188 countries
All-time high
249.64 billion current US$
in 2025
All-time low
683.29 million current US$
in 1960
Years of data
66
1960–2025
Final consumption expenditure in Singapore, 1960–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for final consumption expenditure in Singapore is 249.64 billion current US$, measured in 2025. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 7.0% on the previous year and up 71.2% over ten years.
Over the whole period, final consumption expenditure in Singapore peaked at 249.64 billion current US$ in 2025 and was at its lowest, 683.29 million current US$, in 1960.
Singapore ranks 45th of 188 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure in Singapore, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 683.29 million current US$ | — |
| 1961 | 759.60 million current US$ | +11.2% |
| 1962 | 797.82 million current US$ | +5.0% |
| 1963 | 853.88 million current US$ | +7.0% |
| 1964 | 827.02 million current US$ | -3.1% |
| 1965 | 869.46 million current US$ | +5.1% |
| 1966 | 954.85 million current US$ | +9.8% |
| 1967 | 1.06 billion current US$ | +11.3% |
| 1968 | 1.19 billion current US$ | +12.1% |
| 1969 | 1.31 billion current US$ | +10.3% |
| 1970 | 1.52 billion current US$ | +15.4% |
| 1971 | 1.77 billion current US$ | +16.9% |
| 1972 | 2.00 billion current US$ | +12.9% |
| 1973 | 2.68 billion current US$ | +33.7% |
| 1974 | 3.69 billion current US$ | +38.0% |
| 1975 | 3.97 billion current US$ | +7.7% |
| 1976 | 4.34 billion current US$ | +9.2% |
| 1977 | 4.50 billion current US$ | +3.7% |
| 1978 | 5.02 billion current US$ | +11.6% |
| 1979 | 5.93 billion current US$ | +18.1% |
| 1980 | 7.16 billion current US$ | +20.6% |
| 1981 | 8.12 billion current US$ | +13.5% |
| 1982 | 9.08 billion current US$ | +11.8% |
| 1983 | 9.68 billion current US$ | +6.6% |
| 1984 | 10.69 billion current US$ | +10.5% |
| 1985 | 11.14 billion current US$ | +4.2% |
| 1986 | 11.01 billion current US$ | -1.1% |
| 1987 | 12.27 billion current US$ | +11.4% |
| 1988 | 14.29 billion current US$ | +16.5% |
| 1989 | 16.93 billion current US$ | +18.5% |
| 1990 | 19.55 billion current US$ | +15.5% |
| 1991 | 23.87 billion current US$ | +22.1% |
| 1992 | 27.19 billion current US$ | +13.9% |
| 1993 | 31.90 billion current US$ | +17.3% |
| 1994 | 37.68 billion current US$ | +18.1% |
| 1995 | 43.13 billion current US$ | +14.5% |
| 1996 | 47.55 billion current US$ | +10.2% |
| 1997 | 48.60 billion current US$ | +2.2% |
| 1998 | 41.96 billion current US$ | -13.7% |
| 1999 | 44.25 billion current US$ | +5.5% |
| 2000 | 50.31 billion current US$ | +13.7% |
| 2001 | 51.95 billion current US$ | +3.3% |
| 2002 | 53.69 billion current US$ | +3.4% |
| 2003 | 55.61 billion current US$ | +3.6% |
| 2004 | 60.18 billion current US$ | +8.2% |
| 2005 | 63.58 billion current US$ | +5.6% |
| 2006 | 71.36 billion current US$ | +12.2% |
| 2007 | 83.06 billion current US$ | +16.4% |
| 2008 | 96.93 billion current US$ | +16.7% |
| 2009 | 95.20 billion current US$ | -1.8% |
| 2010 | 110.38 billion current US$ | +16.0% |
| 2011 | 128.09 billion current US$ | +16.0% |
| 2012 | 136.23 billion current US$ | +6.4% |
| 2013 | 144.80 billion current US$ | +6.3% |
| 2014 | 148.66 billion current US$ | +2.7% |
| 2015 | 145.83 billion current US$ | -1.9% |
| 2016 | 149.27 billion current US$ | +2.4% |
| 2017 | 156.28 billion current US$ | +4.7% |
| 2018 | 168.41 billion current US$ | +7.8% |
| 2019 | 173.71 billion current US$ | +3.2% |
| 2020 | 155.72 billion current US$ | -10.4% |
| 2021 | 173.41 billion current US$ | +11.4% |
| 2022 | 191.45 billion current US$ | +10.4% |
| 2023 | 211.40 billion current US$ | +10.4% |
| 2024 | 233.38 billion current US$ | +10.4% |
| 2025 | 249.64 billion current US$ | +7.0% |
Singapore compared with similar countries
- Singapore's 249.64 billion current US$ is above the median for high income countries, which is 123.73 billion current US$, 2.0× the median. (67 countries reporting)
- Singapore's 249.64 billion current US$ is above the median for East Asia & Pacific, which is 16.77 billion current US$, 14.9× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 931.54 million current US$ | 683.29 million current US$ | 1.31 billion current US$ | 10 |
| 1970s | 3.54 billion current US$ | 1.52 billion current US$ | 5.93 billion current US$ | 10 |
| 1980s | 11.04 billion current US$ | 7.16 billion current US$ | 16.93 billion current US$ | 10 |
| 1990s | 36.57 billion current US$ | 19.55 billion current US$ | 48.60 billion current US$ | 10 |
| 2000s | 68.19 billion current US$ | 50.31 billion current US$ | 96.93 billion current US$ | 10 |
| 2010s | 146.17 billion current US$ | 110.38 billion current US$ | 173.71 billion current US$ | 10 |
| 2020s | 202.50 billion current US$ | 155.72 billion current US$ | 249.64 billion current US$ | 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$), annual growth rate 12.55 % change on previous year (2025)
Frequently asked questions
- What is final consumption expenditure in Singapore?
- Final consumption expenditure in Singapore was 249.64 billion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest final consumption expenditure recorded in Singapore?
- The highest recorded value was 249.64 billion current US$ in 2025.
- What is the lowest final consumption expenditure recorded in Singapore?
- The lowest recorded value was 683.29 million current US$ in 1960.
- How does Singapore rank for final consumption expenditure?
- Singapore ranks 45th out of 188 countries with data for 2025.
- Is final consumption expenditure rising or falling in Singapore?
- Over the last ten years it is up 71.2%. 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 Offices (NSOs), published as part of Final consumption expenditure (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.