Share of services as a share of GDP vs. GDP per capita in Singapore
Singapore: Share of services as a share of GDP vs. GDP per capita was 73.6% in 2012. ▲ Rising
Share of services as a share of GDP vs. GDP per capita in Singapore, 1970–2012
Source: Herrendorf et al. and Groningen Growth and Development Centre (2015) – processed by Our World in Data. Measured in % GDP.
Analysis
The most recent figure for share of services as a share of gdp vs. gdp per capita in Singapore is 73.6%, measured in 2012.
Compared with earlier readings it is down 0.3% on the previous year and up 4.5% over ten years.
Over the whole period, share of services as a share of gdp vs. gdp per capita in Singapore peaked at 74.7% in 2008 and was at its lowest, 63.9%, in 1984.
That places Singapore 6th out of 43 countries with data for 2012, putting it in the top quarter.
The long-run direction has been consistently rising across the 43 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 67.8% | 66.5% | 71.1% | 10 |
| 1980s | 65.6% | 63.9% | 66.8% | 10 |
| 1990s | 67.6% | 66.8% | 69.0% | 10 |
| 2000s | 70.9% | 67.0% | 74.7% | 10 |
| 2010s | 73.5% | 73.0% | 73.8% | 3 |
Countries ranked near Singapore
More economy & growth data for Singapore
- External balance on goods and services as a percent of GDP 35.4% (2025)
- Inflation of consumer prices 0.9% (2025)
- GDP per capita 70,684 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 17.4% (2025)
- Gross domestic product (GDP) 431.96 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 70,684 constant 2015 US$ (2025)
- DEC alternative conversion factor 1.31 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -14.11 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -10.79 billion current US$ (2025)
- Taxes less subsidies on products 45.11 billion current LCU (2025)
Frequently asked questions
- What is share of services as a share of gdp vs. gdp per capita in Singapore?
- Share of services as a share of gdp vs. gdp per capita in Singapore was 73.6% in 2012, according to Herrendorf et al. and Groningen Growth and Development Centre (2015) – processed by Our World in Data.
- What is the highest share of services as a share of gdp vs. gdp per capita recorded in Singapore?
- The highest recorded value was 74.7% in 2008.
- What is the lowest share of services as a share of gdp vs. gdp per capita recorded in Singapore?
- The lowest recorded value was 63.9% in 1984.
- How does Singapore rank for share of services as a share of gdp vs. gdp per capita?
- Singapore ranks 6th out of 43 countries with data for 2012.
- Is share of services as a share of gdp vs. gdp per capita rising or falling in Singapore?
- Over the last ten years it is up 4.5%. The long-run trend across the full record is rising.
- Where does this Singapore data come from?
- The figures come from Herrendorf et al. and Groningen Growth and Development Centre (2015) – processed by Our World in Data, published as part of Share of services as a share of GDP vs. GDP per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 43 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
The vertical axis shows historical estimates of the value of services divided by gross domestic product, expressed as a percentage. The horizontal axis shows GDP per capita, adjusted for inflation and differences in living costs between countries.