Final consumption expenditure in Singapore
Singapore: Final consumption expenditure was 41.3% in 2025. ▼ Falling
Final consumption expenditure in Singapore, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2025, final consumption expenditure in Singapore stood at 41.3%.
That represents a change of up 1.5% on the previous year and down 12.7% over ten years.
Over the whole period, final consumption expenditure in Singapore peaked at 99.3% in 1961 and was at its lowest, 37.2%, in 2022.
Singapore ranks 184th of 187 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 66 years of available data.
Final consumption expenditure in Singapore, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 97.0% | — |
| 1961 | 99.3% | +2.5% |
| 1962 | 96.6% | -2.8% |
| 1963 | 93.1% | -3.6% |
| 1964 | 92.5% | -0.6% |
| 1965 | 89.2% | -3.6% |
| 1966 | 87.1% | -2.4% |
| 1967 | 85.9% | -1.4% |
| 1968 | 83.6% | -2.6% |
| 1969 | 79.2% | -5.3% |
| 1970 | 79.0% | -0.3% |
| 1971 | 78.3% | -0.8% |
| 1972 | 73.5% | -6.1% |
| 1973 | 72.4% | -1.6% |
| 1974 | 70.7% | -2.3% |
| 1975 | 70.6% | -0.2% |
| 1976 | 68.6% | -2.8% |
| 1977 | 68.0% | -0.9% |
| 1978 | 66.8% | -1.8% |
| 1979 | 63.8% | -4.5% |
| 1980 | 60.1% | -5.7% |
| 1981 | 57.3% | -4.7% |
| 1982 | 56.5% | -1.5% |
| 1983 | 54.4% | -3.6% |
| 1984 | 54.1% | -0.5% |
| 1985 | 58.1% | +7.4% |
| 1986 | 59.3% | +1.9% |
| 1987 | 58.6% | -1.0% |
| 1988 | 56.3% | -4.0% |
| 1989 | 55.6% | -1.3% |
| 1990 | 54.1% | -2.6% |
| 1991 | 52.5% | -3.0% |
| 1992 | 52.2% | -0.6% |
| 1993 | 52.6% | +0.9% |
| 1994 | 51.1% | -2.8% |
| 1995 | 49.1% | -3.9% |
| 1996 | 49.4% | +0.5% |
| 1997 | 48.5% | -1.7% |
| 1998 | 48.9% | +0.8% |
| 1999 | 51.3% | +4.8% |
| 2000 | 52.4% | +2.1% |
| 2001 | 57.9% | +10.5% |
| 2002 | 58.0% | +0.3% |
| 2003 | 56.9% | -1.8% |
| 2004 | 52.3% | -8.1% |
| 2005 | 49.7% | -4.9% |
| 2006 | 48.0% | -3.5% |
| 2007 | 45.9% | -4.4% |
| 2008 | 50.1% | +9.1% |
| 2009 | 49.0% | -2.1% |
| 2010 | 46.0% | -6.1% |
| 2011 | 45.9% | -0.4% |
| 2012 | 46.2% | +0.7% |
| 2013 | 47.1% | +2.0% |
| 2014 | 47.2% | +0.3% |
| 2015 | 47.3% | +0.3% |
| 2016 | 46.5% | -1.7% |
| 2017 | 45.3% | -2.6% |
| 2018 | 44.6% | -1.7% |
| 2019 | 46.1% | +3.5% |
| 2020 | 44.3% | -3.8% |
| 2021 | 39.3% | -11.3% |
| 2022 | 37.2% | -5.3% |
| 2023 | 41.4% | +11.1% |
| 2024 | 40.7% | -1.5% |
| 2025 | 41.3% | +1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 90.3% | 79.2% | 99.3% | 10 |
| 1970s | 71.2% | 63.8% | 79.0% | 10 |
| 1980s | 57.0% | 54.1% | 60.1% | 10 |
| 1990s | 51.0% | 48.5% | 54.1% | 10 |
| 2000s | 52.0% | 45.9% | 58.0% | 10 |
| 2010s | 46.2% | 44.6% | 47.3% | 10 |
| 2020s | 40.7% | 37.2% | 44.3% | 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)
- Manufacturing, value added (constant LCU), per capita 20,462 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 11.41 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.2267 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 22,402 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 9.01 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 0.2964 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 29,290 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 7.58 % change on previous year (2025)
Frequently asked questions
- What is final consumption expenditure in Singapore?
- Final consumption expenditure in Singapore was 41.3% 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 99.3% in 1961.
- What is the lowest final consumption expenditure recorded in Singapore?
- The lowest recorded value was 37.2% in 2022.
- How does Singapore rank for final consumption expenditure?
- Singapore ranks 184th out of 187 countries with data for 2025.
- Is final consumption expenditure rising or falling in Singapore?
- Over the last ten years it is down 12.7%. The long-run trend across the full record is falling.
- 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.