GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Singapore
Singapore: GDP Deflator — Value Standard Local Currency, 2015 prices, annual was 3.24 % change on previous year in 2024. ◆ Volatile
GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Singapore, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gdp deflator — value standard local currency, 2015 prices, annual in Singapore is 3.24 % change on previous year, measured in 2024.
The figure is up 205.6% on the previous year and up 1,312.7% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices, annual in Singapore peaked at 16.32 % change on previous year in 1974 and was at its lowest, -3.58 % change on previous year, in 1999.
Singapore ranks 117th of 209 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.
GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Singapore, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 4.85 % change on previous year | — |
| 1972 | 5.73 % change on previous year | +18.0% |
| 1973 | 13.21 % change on previous year | +130.7% |
| 1974 | 16.32 % change on previous year | +23.5% |
| 1975 | 2.89 % change on previous year | -82.3% |
| 1976 | 1.72 % change on previous year | -40.5% |
| 1977 | 2.01 % change on previous year | +16.7% |
| 1978 | 4.04 % change on previous year | +101.4% |
| 1979 | 5.24 % change on previous year | +29.5% |
| 1980 | 11.13 % change on previous year | +112.5% |
| 1981 | 5.88 % change on previous year | -47.2% |
| 1982 | 4.53 % change on previous year | -22.8% |
| 1983 | 3.17 % change on previous year | -30.0% |
| 1984 | 0.7878 % change on previous year | -75.2% |
| 1985 | -1.47 % change on previous year | -286.0% |
| 1986 | -1.25 % change on previous year | -14.5% |
| 1987 | 0.5323 % change on previous year | -142.5% |
| 1988 | 5.43 % change on previous year | +920.2% |
| 1989 | 4.16 % change on previous year | -23.4% |
| 1990 | 4.7 % change on previous year | +12.9% |
| 1991 | 4.44 % change on previous year | -5.6% |
| 1992 | 1.39 % change on previous year | -68.7% |
| 1993 | 3.46 % change on previous year | +149.1% |
| 1994 | 3.46 % change on previous year | +0.2% |
| 1995 | 3.18 % change on previous year | -8.3% |
| 1996 | 1.51 % change on previous year | -52.6% |
| 1997 | 1.08 % change on previous year | -28.0% |
| 1998 | -1.33 % change on previous year | -222.5% |
| 1999 | -3.58 % change on previous year | +169.3% |
| 2000 | 3.86 % change on previous year | -208.0% |
| 2001 | -1.81 % change on previous year | -147.0% |
| 2002 | -0.8969 % change on previous year | -50.6% |
| 2003 | -1.8 % change on previous year | +100.6% |
| 2004 | 3.96 % change on previous year | -320.1% |
| 2005 | 1.9 % change on previous year | -52.0% |
| 2006 | 1.84 % change on previous year | -3.0% |
| 2007 | 5.92 % change on previous year | +220.8% |
| 2008 | -1.38 % change on previous year | -123.4% |
| 2009 | 2.95 % change on previous year | -313.8% |
| 2010 | 1.11 % change on previous year | -62.5% |
| 2011 | 1.17 % change on previous year | +5.7% |
| 2012 | 0.4954 % change on previous year | -57.7% |
| 2013 | -0.4311 % change on previous year | -187.0% |
| 2014 | -0.2673 % change on previous year | -38.0% |
| 2015 | 3.07 % change on previous year | -1249.4% |
| 2016 | 0.49 % change on previous year | -84.0% |
| 2017 | 2.89 % change on previous year | +490.6% |
| 2018 | 3.6 % change on previous year | +24.5% |
| 2019 | -0.2044 % change on previous year | -105.7% |
| 2020 | -2.44 % change on previous year | +1092.8% |
| 2021 | 10.26 % change on previous year | -520.9% |
| 2022 | 13.48 % change on previous year | +31.3% |
| 2023 | -3.07 % change on previous year | -122.8% |
| 2024 | 3.24 % change on previous year | -205.6% |
Singapore compared with similar countries
- Singapore's 3.24 % change on previous year is above the median for high income countries, which is 2.83 % change on previous year, 1.1× the median. (68 countries reporting)
- Singapore's 3.24 % change on previous year is above the median for East Asia & Pacific, which is 3.08 % change on previous year, 1.1× the median. (24 countries reporting)
Biggest year-on-year movements
Years where GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Singapore changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2015 | +1249.4% | -0.2673 % change on previous year | 3.07 % change on previous year |
| 2020 | -1092.8% | -0.2044 % change on previous year | -2.44 % change on previous year |
| 1988 | +920.2% | 0.5323 % change on previous year | 5.43 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.22 % change on previous year | 1.72 % change on previous year | 16.32 % change on previous year | 9 |
| 1980s | 3.29 % change on previous year | -1.47 % change on previous year | 11.13 % change on previous year | 10 |
| 1990s | 1.83 % change on previous year | -3.58 % change on previous year | 4.7 % change on previous year | 10 |
| 2000s | 1.45 % change on previous year | -1.81 % change on previous year | 5.92 % change on previous year | 10 |
| 2010s | 1.19 % change on previous year | -0.4311 % change on previous year | 3.6 % change on previous year | 10 |
| 2020s | 4.3 % change on previous year | -3.07 % change on previous year | 13.48 % change on previous year | 5 |
Countries ranked near Singapore
- 114 Ireland 3.34 % change on previous year compare
- 115 Liberia 3.25 % change on previous year compare
- 116 Namibia 3.25 % change on previous year compare
- 118 Malta 3.23 % change on previous year compare
- 119 India 3.2 % change on previous year compare
- 120 Cook Islands 3.18 % change on previous year compare
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 gdp deflator — value standard local currency, 2015 prices, annual in Singapore?
- Gdp deflator — value standard local currency, 2015 prices, annual in Singapore was 3.24 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp deflator — value standard local currency, 2015 prices, annual recorded in Singapore?
- The highest recorded value was 16.32 % change on previous year in 1974.
- What is the lowest gdp deflator — value standard local currency, 2015 prices, annual recorded in Singapore?
- The lowest recorded value was -3.58 % change on previous year in 1999.
- How does Singapore rank for gdp deflator — value standard local currency, 2015 prices, annual?
- Singapore ranks 117th out of 209 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices, annual rising or falling in Singapore?
- Over the last ten years it is up 1,312.7%. The long-run trend across the full record is volatile.
- Where does this Singapore data come from?
- The figures come from Statizoid (derived), published as part of GDP Deflator — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP Deflator — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.