GDP growth in Singapore
Singapore: GDP growth was 5.0% in 2025. ◆ Volatile
GDP growth in Singapore, 1961–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual %.
Analysis
The most recent figure for gdp growth in Singapore is 5.0%, measured in 2025.
Compared with earlier readings it is down 5.9% on the previous year and up 68.8% over ten years.
Over the whole period, gdp growth in Singapore peaked at 14.5% in 2010 and was at its lowest, -3.6%, in 2020.
That places Singapore 51st out of 213 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP growth in Singapore, year by year
| Year | annual % | Change |
|---|---|---|
| 1961 | 8.1% | — |
| 1962 | 7.6% | -7.2% |
| 1963 | 10.0% | +32.9% |
| 1964 | -3.1% | -130.9% |
| 1965 | 7.8% | -352.5% |
| 1966 | 10.2% | +29.9% |
| 1967 | 12.5% | +22.9% |
| 1968 | 13.5% | +8.1% |
| 1969 | 13.8% | +2.3% |
| 1970 | 13.9% | +0.8% |
| 1971 | 12.4% | -11.0% |
| 1972 | 13.3% | +7.3% |
| 1973 | 10.6% | -20.4% |
| 1974 | 6.1% | -42.3% |
| 1975 | 4.0% | -34.8% |
| 1976 | 7.4% | +86.5% |
| 1977 | 6.9% | -7.9% |
| 1978 | 7.8% | +13.5% |
| 1979 | 9.6% | +22.9% |
| 1980 | 10.1% | +5.9% |
| 1981 | 10.8% | +6.9% |
| 1982 | 7.1% | -34.3% |
| 1983 | 8.6% | +20.4% |
| 1984 | 8.8% | +2.8% |
| 1985 | -0.6% | -107.1% |
| 1986 | 1.3% | -315.6% |
| 1987 | 10.8% | +704.1% |
| 1988 | 11.3% | +4.3% |
| 1989 | 10.2% | -9.8% |
| 1990 | 9.8% | -3.3% |
| 1991 | 6.7% | -31.9% |
| 1992 | 6.6% | -0.7% |
| 1993 | 11.5% | +72.6% |
| 1994 | 11.1% | -3.2% |
| 1995 | 7.2% | -35.3% |
| 1996 | 7.5% | +4.1% |
| 1997 | 8.3% | +11.3% |
| 1998 | -2.2% | -126.3% |
| 1999 | 5.7% | -361.0% |
| 2000 | 9.0% | +58.1% |
| 2001 | -1.1% | -111.8% |
| 2002 | 3.9% | -466.4% |
| 2003 | 4.5% | +15.9% |
| 2004 | 9.9% | +118.5% |
| 2005 | 7.4% | -25.9% |
| 2006 | 9.0% | +22.3% |
| 2007 | 9.0% | +0.2% |
| 2008 | 1.9% | -79.3% |
| 2009 | 0.1% | -93.1% |
| 2010 | 14.5% | +11247.7% |
| 2011 | 6.2% | -57.2% |
| 2012 | 4.4% | -28.6% |
| 2013 | 4.8% | +8.6% |
| 2014 | 3.9% | -18.3% |
| 2015 | 3.0% | -24.4% |
| 2016 | 3.9% | +31.4% |
| 2017 | 4.3% | +10.6% |
| 2018 | 3.2% | -26.4% |
| 2019 | 1.2% | -63.6% |
| 2020 | -3.6% | -411.6% |
| 2021 | 10.1% | -380.9% |
| 2022 | 4.0% | -60.5% |
| 2023 | 1.5% | -63.8% |
| 2024 | 5.3% | +268.4% |
| 2025 | 5.0% | -5.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 8.9% | -3.1% | 13.8% | 9 |
| 1970s | 9.2% | 4.0% | 13.9% | 10 |
| 1980s | 7.8% | -0.6% | 11.3% | 10 |
| 1990s | 7.2% | -2.2% | 11.5% | 10 |
| 2000s | 5.4% | -1.1% | 9.9% | 10 |
| 2010s | 4.9% | 1.2% | 14.5% | 10 |
| 2020s | 3.7% | -3.6% | 10.1% | 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)
- GDP (current US$), annual growth rate 5.41 % change on previous year (2025)
- GDP (current US$), per capita 98,814 current US$ per person (2025)
- GDP (current LCU), annual growth rate 3.14 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 1.31 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 129,194 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 5.03 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.7153 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 70,684 constant 2015 US$ per person (2025)
Frequently asked questions
- What is gdp growth in Singapore?
- Gdp growth in Singapore was 5.0% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp growth recorded in Singapore?
- The highest recorded value was 14.5% in 2010.
- What is the lowest gdp growth recorded in Singapore?
- The lowest recorded value was -3.6% in 2020.
- How does Singapore rank for gdp growth?
- Singapore ranks 51st out of 213 countries with data for 2025.
- Is gdp growth rising or falling in Singapore?
- Over the last ten years it is up 68.8%. 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 GDP growth (annual %). Statizoid updates them automatically from the source API.
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About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.