Gross domestic product (GDP) in Singapore

Singapore: Gross domestic product (GDP) was 461.80 billion international-$ in 2011 prices in 2022. ◆ Volatile

Latest (2022)
461.80 billion international-$ in 2011 prices
Change on year
up 3.6%
World rank
44th
of 166 countries
All-time high
461.80 billion international-$ in 2011 prices
in 2022
All-time low
119.53 million international-$ in 2011 prices
in 1870
Years of data
102
1870–2022

Gross domestic product (GDP) in Singapore, 1870–2022

0100.0B200.0B300.0B400.0B500.0B187019462022

Source: Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data. Measured in international-$ in 2011 prices.

Analysis

The most recent figure for gross domestic product (gdp) in Singapore is 461.80 billion international-$ in 2011 prices, measured in 2022. That is the highest value across all 102 years on record.

Compared with earlier readings it is up 3.6% on the previous year and up 38.3% over ten years.

Over the whole period, gross domestic product (gdp) in Singapore peaked at 461.80 billion international-$ in 2011 prices in 2022 and was at its lowest, 119.53 million international-$ in 2011 prices, in 1870.

Singapore ranks 44th of 166 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.

Gross domestic product (GDP) in Singapore, year by year

Annual values for Gross domestic product (GDP) in Singapore, 1870 to 2022.
Year international-$ in 2011 prices Change
1870 119.53 million international-$ in 2011 prices
1900 474.29 million international-$ in 2011 prices +296.8%
1913 585.28 million international-$ in 2011 prices +23.4%
1914 716.95 million international-$ in 2011 prices +22.5%
1915 753.27 million international-$ in 2011 prices +5.1%
1916 641.28 million international-$ in 2011 prices -14.9%
1917 910.80 million international-$ in 2011 prices +42.0%
1918 731.86 million international-$ in 2011 prices -19.6%
1919 852.72 million international-$ in 2011 prices +16.5%
1920 755.41 million international-$ in 2011 prices -11.4%
1921 912.08 million international-$ in 2011 prices +20.7%
1922 1.26 billion international-$ in 2011 prices +37.9%
1923 1.35 billion international-$ in 2011 prices +7.5%
1924 1.35 billion international-$ in 2011 prices +0.2%
1925 1.60 billion international-$ in 2011 prices +18.2%
1926 1.37 billion international-$ in 2011 prices -14.3%
1927 1.06 billion international-$ in 2011 prices -23.0%
1928 1.31 billion international-$ in 2011 prices +23.6%
1929 1.91 billion international-$ in 2011 prices +46.3%
1930 1.82 billion international-$ in 2011 prices -4.9%
1931 1.26 billion international-$ in 2011 prices -30.4%
1932 1.13 billion international-$ in 2011 prices -10.4%
1933 1.42 billion international-$ in 2011 prices +25.7%
1934 1.71 billion international-$ in 2011 prices +20.3%
1935 2.10 billion international-$ in 2011 prices +22.7%
1936 2.20 billion international-$ in 2011 prices +4.7%
1937 2.58 billion international-$ in 2011 prices +17.3%
1938 2.39 billion international-$ in 2011 prices -7.5%
1939 2.85 billion international-$ in 2011 prices +19.3%
1950 3.65 billion international-$ in 2011 prices +28.2%
1951 3.60 billion international-$ in 2011 prices -1.5%
1952 2.64 billion international-$ in 2011 prices -26.6%
1953 3.33 billion international-$ in 2011 prices +26.2%
1954 4.00 billion international-$ in 2011 prices +20.0%
1955 3.85 billion international-$ in 2011 prices -3.8%
1956 4.45 billion international-$ in 2011 prices +15.6%
1957 4.16 billion international-$ in 2011 prices -6.5%
1958 4.37 billion international-$ in 2011 prices +5.3%
1959 5.14 billion international-$ in 2011 prices +17.5%
1960 5.70 billion international-$ in 2011 prices +10.9%
1961 6.17 billion international-$ in 2011 prices +8.1%
1962 6.61 billion international-$ in 2011 prices +7.1%
1963 7.27 billion international-$ in 2011 prices +10.0%
1964 7.00 billion international-$ in 2011 prices -3.7%
1965 7.53 billion international-$ in 2011 prices +7.6%
1966 8.35 billion international-$ in 2011 prices +10.9%
1967 9.38 billion international-$ in 2011 prices +12.3%
1968 10.65 billion international-$ in 2011 prices +13.6%
1969 12.11 billion international-$ in 2011 prices +13.7%
1970 13.80 billion international-$ in 2011 prices +13.9%
1971 15.46 billion international-$ in 2011 prices +12.1%
1972 17.55 billion international-$ in 2011 prices +13.5%
1973 19.50 billion international-$ in 2011 prices +11.1%
1974 20.77 billion international-$ in 2011 prices +6.5%
1975 21.73 billion international-$ in 2011 prices +4.6%
1976 23.34 billion international-$ in 2011 prices +7.4%
1977 25.09 billion international-$ in 2011 prices +7.5%
1978 27.27 billion international-$ in 2011 prices +8.7%
1979 29.84 billion international-$ in 2011 prices +9.4%
1980 32.83 billion international-$ in 2011 prices +10.0%
1981 36.34 billion international-$ in 2011 prices +10.7%
1982 38.95 billion international-$ in 2011 prices +7.2%
1983 42.28 billion international-$ in 2011 prices +8.5%
1984 46.00 billion international-$ in 2011 prices +8.8%
1985 45.68 billion international-$ in 2011 prices -0.7%
1986 46.29 billion international-$ in 2011 prices +1.3%
1987 51.27 billion international-$ in 2011 prices +10.8%
1988 56.96 billion international-$ in 2011 prices +11.1%
1989 62.77 billion international-$ in 2011 prices +10.2%
1990 69.07 billion international-$ in 2011 prices +10.0%
1991 74.10 billion international-$ in 2011 prices +7.3%
1992 80.05 billion international-$ in 2011 prices +8.0%
1993 89.70 billion international-$ in 2011 prices +12.0%
1994 100.71 billion international-$ in 2011 prices +12.3%
1995 109.10 billion international-$ in 2011 prices +8.3%
1996 120.14 billion international-$ in 2011 prices +10.1%
1997 132.36 billion international-$ in 2011 prices +10.2%
1998 131.91 billion international-$ in 2011 prices -0.3%
1999 139.19 billion international-$ in 2011 prices +5.5%
2000 152.15 billion international-$ in 2011 prices +9.3%
2001 152.55 billion international-$ in 2011 prices +0.3%
2002 157.98 billion international-$ in 2011 prices +3.6%
2003 160.29 billion international-$ in 2011 prices +1.5%
2004 175.48 billion international-$ in 2011 prices +9.5%
2005 190.69 billion international-$ in 2011 prices +8.7%
2006 211.58 billion international-$ in 2011 prices +11.0%
2007 237.92 billion international-$ in 2011 prices +12.4%
2008 252.51 billion international-$ in 2011 prices +6.1%
2009 256.11 billion international-$ in 2011 prices +1.4%
2010 297.59 billion international-$ in 2011 prices +16.2%
2011 319.72 billion international-$ in 2011 prices +7.4%
2012 333.90 billion international-$ in 2011 prices +4.4%
2013 349.99 billion international-$ in 2011 prices +4.8%
2014 363.76 billion international-$ in 2011 prices +3.9%
2015 374.59 billion international-$ in 2011 prices +3.0%
2016 388.08 billion international-$ in 2011 prices +3.6%
2017 405.72 billion international-$ in 2011 prices +4.5%
2018 420.22 billion international-$ in 2011 prices +3.6%
2019 425.82 billion international-$ in 2011 prices +1.3%
2020 409.20 billion international-$ in 2011 prices -3.9%
2021 445.55 billion international-$ in 2011 prices +8.9%
2022 461.80 billion international-$ in 2011 prices +3.6%

Singapore compared with similar countries

  • Singapore's 461.80 billion international-$ in 2011 prices is above the median for high income countries, which is 308.39 billion international-$ in 2011 prices, 1.5× the median. (55 countries reporting)
  • Singapore's 461.80 billion international-$ in 2011 prices is below the median for East Asia & Pacific, which is 833.80 billion international-$ in 2011 prices, 55% of the median. (17 countries reporting)

Biggest year-on-year movements

Years where Gross domestic product (GDP) 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.

YearChange FromTo
1900 +296.8% 119.53 million international-$ in 2011 prices 474.29 million international-$ in 2011 prices

Averages by decade

DecadeAverage LowestHighest Years
1870s 119.53 million international-$ in 2011 prices 119.53 million international-$ in 2011 prices 119.53 million international-$ in 2011 prices 1
1900s 474.29 million international-$ in 2011 prices 474.29 million international-$ in 2011 prices 474.29 million international-$ in 2011 prices 1
1910s 741.74 million international-$ in 2011 prices 585.28 million international-$ in 2011 prices 910.80 million international-$ in 2011 prices 7
1920s 1.29 billion international-$ in 2011 prices 755.41 million international-$ in 2011 prices 1.91 billion international-$ in 2011 prices 10
1930s 1.95 billion international-$ in 2011 prices 1.13 billion international-$ in 2011 prices 2.85 billion international-$ in 2011 prices 10
1950s 3.92 billion international-$ in 2011 prices 2.64 billion international-$ in 2011 prices 5.14 billion international-$ in 2011 prices 10
1960s 8.08 billion international-$ in 2011 prices 5.70 billion international-$ in 2011 prices 12.11 billion international-$ in 2011 prices 10
1970s 21.44 billion international-$ in 2011 prices 13.80 billion international-$ in 2011 prices 29.84 billion international-$ in 2011 prices 10
1980s 45.94 billion international-$ in 2011 prices 32.83 billion international-$ in 2011 prices 62.77 billion international-$ in 2011 prices 10
1990s 104.63 billion international-$ in 2011 prices 69.07 billion international-$ in 2011 prices 139.19 billion international-$ in 2011 prices 10
2000s 194.73 billion international-$ in 2011 prices 152.15 billion international-$ in 2011 prices 256.11 billion international-$ in 2011 prices 10
2010s 367.94 billion international-$ in 2011 prices 297.59 billion international-$ in 2011 prices 425.82 billion international-$ in 2011 prices 10
2020s 438.85 billion international-$ in 2011 prices 409.20 billion international-$ in 2011 prices 461.80 billion international-$ in 2011 prices 3

Countries ranked near Singapore

  1. 41 Sweden 494.21 billion international-$ in 2011 prices compare
  2. 42 Belgium 489.68 billion international-$ in 2011 prices compare
  3. 43 Norway 482.33 billion international-$ in 2011 prices compare
  4. 45 Chile 448.34 billion international-$ in 2011 prices compare
  5. 46 Austria 398.81 billion international-$ in 2011 prices compare
  6. 47 Uzbekistan 393.57 billion international-$ in 2011 prices compare

See the full ranking of 166 places →

More economy & growth data for Singapore

All data for Singapore →

Frequently asked questions

What is gross domestic product (gdp) in Singapore?
Gross domestic product (gdp) in Singapore was 461.80 billion international-$ in 2011 prices in 2022, according to Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data.
What is the highest gross domestic product (gdp) recorded in Singapore?
The highest recorded value was 461.80 billion international-$ in 2011 prices in 2022.
What is the lowest gross domestic product (gdp) recorded in Singapore?
The lowest recorded value was 119.53 million international-$ in 2011 prices in 1870.
How does Singapore rank for gross domestic product (gdp)?
Singapore ranks 44th out of 166 countries with data for 2022.
Is gross domestic product (gdp) rising or falling in Singapore?
Over the last ten years it is up 38.3%. The long-run trend across the full record is volatile.
Where does this Singapore data come from?
The figures come from Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.

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Gross domestic product (GDP) in Singapore. Statizoid, drawing on Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data. Retrieved 22 September 2026, from https://economy.statizoid.com/stat/gdp-maddison-project-database/singapore/

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About this data

Indicator
Gross domestic product (GDP)
Unit
international-$ in 2011 prices
Source
Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
166 places, 15,675 data points, 1000–2022
Last refreshed

Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.