Gross domestic product (GDP), Constant prices, Purchasing power in Singapore

Singapore: Gross domestic product (GDP), Constant prices, Purchasing power was 0.7332 % change on previous year in 2019. ◆ Volatile

Latest (2019)
0.7332 % change on previous year
Change on year
down 78.7%
World rank
158th
of 193 countries
All-time high
14.53 % change on previous year
in 2010
All-time low
-3.84 % change on previous year
in 1964
Years of data
59
1961–2019

Gross domestic product (GDP), Constant prices, Purchasing power in Singapore, 1961–2019

-5051015196119902019

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gross domestic product (gdp), constant prices, purchasing power in Singapore is 0.7332 % change on previous year, measured in 2019.

That represents a change of down 78.7% on the previous year and up 505.4% over ten years.

Over the whole period, gross domestic product (gdp), constant prices, purchasing power in Singapore peaked at 14.53 % change on previous year in 2010 and was at its lowest, -3.84 % change on previous year, in 1964.

Singapore ranks 158th of 193 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross domestic product (GDP), Constant prices, Purchasing power in Singapore, year by year

Annual values for Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017, annual growth rate in Singapore, 1961 to 2019.
Year % change on previous year Change
1961 7.98 % change on previous year —
1962 6.97 % change on previous year -12.7%
1963 9.94 % change on previous year +42.6%
1964 -3.84 % change on previous year -138.7%
1965 7.48 % change on previous year -294.8%
1966 10.77 % change on previous year +43.9%
1967 12.22 % change on previous year +13.5%
1968 13.56 % change on previous year +10.9%
1969 13.58 % change on previous year +0.1%
1970 13.71 % change on previous year +1.0%
1971 12.41 % change on previous year -9.5%
1972 13.32 % change on previous year +7.3%
1973 10.6 % change on previous year -20.4%
1974 6.12 % change on previous year -42.3%
1975 3.98 % change on previous year -34.9%
1976 7.44 % change on previous year +86.8%
1977 6.85 % change on previous year -7.9%
1978 7.78 % change on previous year +13.5%
1979 9.55 % change on previous year +22.8%
1980 10.11 % change on previous year +5.8%
1981 10.82 % change on previous year +7.0%
1982 7.1 % change on previous year -34.3%
1983 8.55 % change on previous year +20.5%
1984 8.79 % change on previous year +2.8%
1985 -0.623 % change on previous year -107.1%
1986 1.34 % change on previous year -315.6%
1987 10.8 % change on previous year +704.0%
1988 11.26 % change on previous year +4.3%
1989 10.16 % change on previous year -9.8%
1990 9.82 % change on previous year -3.3%
1991 6.69 % change on previous year -31.9%
1992 6.64 % change on previous year -0.7%
1993 11.46 % change on previous year +72.6%
1994 11.1 % change on previous year -3.2%
1995 7.2 % change on previous year -35.1%
1996 7.47 % change on previous year +3.7%
1997 8.32 % change on previous year +11.4%
1998 -2.2 % change on previous year -126.4%
1999 5.72 % change on previous year -360.7%
2000 9.04 % change on previous year +57.9%
2001 -1.07 % change on previous year -111.8%
2002 3.91 % change on previous year -466.2%
2003 4.54 % change on previous year +15.9%
2004 9.82 % change on previous year +116.5%
2005 7.36 % change on previous year -25.1%
2006 9.01 % change on previous year +22.4%
2007 9.02 % change on previous year +0.2%
2008 1.87 % change on previous year -79.3%
2009 0.1211 % change on previous year -93.5%
2010 14.53 % change on previous year +11893.7%
2011 6.34 % change on previous year -56.4%
2012 4.46 % change on previous year -29.6%
2013 4.84 % change on previous year +8.4%
2014 3.94 % change on previous year -18.6%
2015 2.99 % change on previous year -24.1%
2016 3.24 % change on previous year +8.5%
2017 4.34 % change on previous year +33.7%
2018 3.44 % change on previous year -20.7%
2019 0.7332 % change on previous year -78.7%

Singapore compared with similar countries

  • Singapore's 0.7332 % change on previous year is below the median for high income countries, which is 1.81 % change on previous year, 40% of the median. (65 countries reporting)
  • Singapore's 0.7332 % change on previous year is below the median for East Asia & Pacific, which is 2.37 % change on previous year, 31% of the median. (31 countries reporting)

Biggest year-on-year movements

Years where Gross domestic product (GDP), Constant prices, Purchasing power 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
2010 +11893.7% 0.1211 % change on previous year 14.53 % change on previous year
1987 +704.0% 1.34 % change on previous year 10.8 % change on previous year
2002 +466.2% -1.07 % change on previous year 3.91 % change on previous year
1999 +360.7% -2.2 % change on previous year 5.72 % change on previous year
1986 +315.6% -0.623 % change on previous year 1.34 % change on previous year
1965 +294.8% -3.84 % change on previous year 7.48 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1960s 8.74 % change on previous year -3.84 % change on previous year 13.58 % change on previous year 9
1970s 9.18 % change on previous year 3.98 % change on previous year 13.71 % change on previous year 10
1980s 7.83 % change on previous year -0.623 % change on previous year 11.26 % change on previous year 10
1990s 7.22 % change on previous year -2.2 % change on previous year 11.46 % change on previous year 10
2000s 5.36 % change on previous year -1.07 % change on previous year 9.82 % change on previous year 10
2010s 4.88 % change on previous year 0.7332 % change on previous year 14.53 % change on previous year 10

Countries ranked near Singapore

  1. 155 Jamaica 0.8922 % change on previous year compare
  2. 156 Norway 0.852 % change on previous year compare
  3. 157 Algeria 0.8 % change on previous year compare
  4. 159 Tonga 0.7318 % change on previous year compare
  5. 160 Japan 0.6712 % change on previous year compare
  6. 161 Germany 0.5899 % change on previous year compare

See the full ranking of 193 places →

More economy & growth data for Singapore

All data for Singapore →

Frequently asked questions

What is gross domestic product (gdp), constant prices, purchasing power in Singapore?
Gross domestic product (gdp), constant prices, purchasing power in Singapore was 0.7332 % change on previous year in 2019, according to Statizoid (derived).
What is the highest gross domestic product (gdp), constant prices, purchasing power recorded in Singapore?
The highest recorded value was 14.53 % change on previous year in 2010.
What is the lowest gross domestic product (gdp), constant prices, purchasing power recorded in Singapore?
The lowest recorded value was -3.84 % change on previous year in 1964.
How does Singapore rank for gross domestic product (gdp), constant prices, purchasing power?
Singapore ranks 158th out of 193 countries with data for 2019.
Is gross domestic product (gdp), constant prices, purchasing power rising or falling in Singapore?
Over the last ten years it is up 505.4%. 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 Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017, annual growth rate. Statizoid updates them automatically from the source API.

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Gross domestic product (GDP), Constant prices, Purchasing power in Singapore. Statizoid, drawing on Statizoid (derived). Retrieved 03 October 2026, from https://economy.statizoid.com/stat/gross-domestic-product-gdp-constant-prices-purchasing-power-parity-ppp-international-5/singapore/

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<a href="https://economy.statizoid.com/stat/gross-domestic-product-gdp-constant-prices-purchasing-power-parity-ppp-international-5/singapore/">Gross domestic product (GDP), Constant prices, Purchasing power in Singapore</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
193 places, 10,091 data points, 1961–2019
Last refreshed

The year-on-year percentage change in Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.