GDP Deflator — Value Standard Local Currency, 2015 prices in Singapore
Singapore: GDP Deflator — Value Standard Local Currency, 2015 prices was 130.6 SLC in 2024. ▲ Rising
GDP Deflator — Value Standard Local Currency, 2015 prices in Singapore, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
The most recent figure for gdp deflator — value standard local currency, 2015 prices in Singapore is 130.6 SLC, measured in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 3.2% on the previous year and up 34.6% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices in Singapore peaked at 130.6 SLC in 2024 and was at its lowest, 29.46 SLC, in 1970.
Singapore ranks 112th of 194 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
GDP Deflator — Value Standard Local Currency, 2015 prices in Singapore, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 29.46 SLC | — |
| 1971 | 30.89 SLC | +4.9% |
| 1972 | 32.66 SLC | +5.7% |
| 1973 | 36.97 SLC | +13.2% |
| 1974 | 43.01 SLC | +16.3% |
| 1975 | 44.25 SLC | +2.9% |
| 1976 | 45.01 SLC | +1.7% |
| 1977 | 45.91 SLC | +2.0% |
| 1978 | 47.77 SLC | +4.0% |
| 1979 | 50.27 SLC | +5.2% |
| 1980 | 55.86 SLC | +11.1% |
| 1981 | 59.14 SLC | +5.9% |
| 1982 | 61.83 SLC | +4.5% |
| 1983 | 63.79 SLC | +3.2% |
| 1984 | 64.29 SLC | +0.8% |
| 1985 | 63.35 SLC | -1.5% |
| 1986 | 62.55 SLC | -1.3% |
| 1987 | 62.89 SLC | +0.5% |
| 1988 | 66.3 SLC | +5.4% |
| 1989 | 69.06 SLC | +4.2% |
| 1990 | 72.3 SLC | +4.7% |
| 1991 | 75.51 SLC | +4.4% |
| 1992 | 76.56 SLC | +1.4% |
| 1993 | 79.2 SLC | +3.5% |
| 1994 | 81.95 SLC | +3.5% |
| 1995 | 84.55 SLC | +3.2% |
| 1996 | 85.82 SLC | +1.5% |
| 1997 | 86.75 SLC | +1.1% |
| 1998 | 85.6 SLC | -1.3% |
| 1999 | 82.54 SLC | -3.6% |
| 2000 | 85.73 SLC | +3.9% |
| 2001 | 84.17 SLC | -1.8% |
| 2002 | 83.42 SLC | -0.9% |
| 2003 | 81.92 SLC | -1.8% |
| 2004 | 85.16 SLC | +4.0% |
| 2005 | 86.78 SLC | +1.9% |
| 2006 | 88.38 SLC | +1.8% |
| 2007 | 93.61 SLC | +5.9% |
| 2008 | 92.31 SLC | -1.4% |
| 2009 | 95.04 SLC | +3.0% |
| 2010 | 96.09 SLC | +1.1% |
| 2011 | 97.22 SLC | +1.2% |
| 2012 | 97.7 SLC | +0.5% |
| 2013 | 97.28 SLC | -0.4% |
| 2014 | 97.02 SLC | -0.3% |
| 2015 | 100 SLC | +3.1% |
| 2016 | 100.49 SLC | +0.5% |
| 2017 | 103.4 SLC | +2.9% |
| 2018 | 107.12 SLC | +3.6% |
| 2019 | 106.91 SLC | -0.2% |
| 2020 | 104.3 SLC | -2.4% |
| 2021 | 115 SLC | +10.3% |
| 2022 | 130.5 SLC | +13.5% |
| 2023 | 126.5 SLC | -3.1% |
| 2024 | 130.6 SLC | +3.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 40.62 SLC | 29.46 SLC | 50.27 SLC | 10 |
| 1980s | 62.91 SLC | 55.86 SLC | 69.06 SLC | 10 |
| 1990s | 81.08 SLC | 72.3 SLC | 86.75 SLC | 10 |
| 2000s | 87.65 SLC | 81.92 SLC | 95.04 SLC | 10 |
| 2010s | 100.32 SLC | 96.09 SLC | 107.12 SLC | 10 |
| 2020s | 121.38 SLC | 104.3 SLC | 130.6 SLC | 5 |
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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 2.77 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 1.23 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 121,813 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 4.96 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.6782 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 67,011 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 4.96 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.9323 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is gdp deflator — value standard local currency, 2015 prices in Singapore?
- Gdp deflator — value standard local currency, 2015 prices in Singapore was 130.6 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value standard local currency, 2015 prices recorded in Singapore?
- The highest recorded value was 130.6 SLC in 2024.
- What is the lowest gdp deflator — value standard local currency, 2015 prices recorded in Singapore?
- The lowest recorded value was 29.46 SLC in 1970.
- How does Singapore rank for gdp deflator — value standard local currency, 2015 prices?
- Singapore ranks 112th out of 194 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices rising or falling in Singapore?
- Over the last ten years it is up 34.6%. The long-run trend across the full record is rising.
- Where does this Singapore data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).