Gross Domestic Product, GDP in millions constant 2021 international $ in Singapore
Singapore: Gross Domestic Product, GDP in millions constant 2021 international $ was 853,754 in 2027. ▲ Rising
Gross Domestic Product, GDP in millions constant 2021 international $ in Singapore, 1991–2027
Source: International Labour Organization.
Analysis
In 2027, gross domestic product, gdp in millions constant 2021 international $ in Singapore stood at 853,754. That is the highest value across all 37 years on record.
The figure is up 2.5% on the previous year and up 30.6% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Singapore peaked at 853,754 in 2027 and was at its lowest, 148,138, in 1991.
That places Singapore 34th out of 188 countries with data for 2027, putting it in the top quarter.
The long-run direction has been consistently rising across the 37 years of available data.
Gross Domestic Product, GDP in millions constant 2021 international $ in Singapore, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 148,138 | — |
| 1992 | 157,974 | +6.6% |
| 1993 | 176,077 | +11.5% |
| 1994 | 195,614 | +11.1% |
| 1995 | 209,650 | +7.2% |
| 1996 | 225,314 | +7.5% |
| 1997 | 244,052 | +8.3% |
| 1998 | 238,705 | -2.2% |
| 1999 | 252,355 | +5.7% |
| 2000 | 275,163 | +9.0% |
| 2001 | 272,217 | -1.1% |
| 2002 | 282,897 | +3.9% |
| 2003 | 295,764 | +4.5% |
| 2004 | 325,162 | +9.9% |
| 2005 | 349,115 | +7.4% |
| 2006 | 380,559 | +9.0% |
| 2007 | 414,891 | +9.0% |
| 2008 | 422,622 | +1.9% |
| 2009 | 423,163 | +0.1% |
| 2010 | 484,606 | +14.5% |
| 2011 | 514,723 | +6.2% |
| 2012 | 537,554 | +4.4% |
| 2013 | 563,451 | +4.8% |
| 2014 | 585,626 | +3.9% |
| 2015 | 603,059 | +3.0% |
| 2016 | 625,659 | +3.7% |
| 2017 | 653,669 | +4.5% |
| 2018 | 676,234 | +3.5% |
| 2019 | 685,079 | +1.3% |
| 2020 | 658,944 | -3.8% |
| 2021 | 723,237 | +9.8% |
| 2022 | 752,947 | +4.1% |
| 2023 | 766,658 | +1.8% |
| 2024 | 800,299 | +4.4% |
| 2025 | 818,114 | +2.2% |
| 2026 | 833,028 | +1.8% |
| 2027 | 853,754 | +2.5% |
Singapore compared with similar countries
- Singapore's 853,754 is above the median for high income countries, which is 390,765, 2.2× the median. (62 countries reporting)
- Singapore's 853,754 is above the median for East Asia & Pacific, which is 84,340, 10.1× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 205,320 | 148,138 | 252,355 | 9 |
| 2000s | 344,155 | 272,217 | 423,163 | 10 |
| 2010s | 592,966 | 484,606 | 685,079 | 10 |
| 2020s | 775,873 | 658,944 | 853,754 | 8 |
Countries ranked near Singapore
- 31 Netherlands 1.32 million compare
- 32 Colombia 1.05 million compare
- 33 South Africa 905,053 compare
- 35 Kazakhstan 851,700 compare
- 36 United Arab Emirates 834,659 compare
- 37 Romania 814,326 compare
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 94.20 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.156 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 15,415 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 159.09 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 17.78 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.2634 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 26,032 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 12.55 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product, gdp in millions constant 2021 international $ in Singapore?
- Gross domestic product, gdp in millions constant 2021 international $ in Singapore was 853,754 in 2027, according to International Labour Organization.
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in Singapore?
- The highest recorded value was 853,754 in 2027.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Singapore?
- The lowest recorded value was 148,138 in 1991.
- How does Singapore rank for gross domestic product, gdp in millions constant 2021 international $?
- Singapore ranks 34th out of 188 countries with data for 2027.
- Is gross domestic product, gdp in millions constant 2021 international $ rising or falling in Singapore?
- Over the last ten years it is up 30.6%. The long-run trend across the full record is rising.
- Where does this Singapore data come from?
- The figures come from International Labour Organization, published as part of Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Statizoid updates them automatically from the source API.
Download this data
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About this data
Gross Domestic Product (GDP), Purchasing Power Parity (millions of PPP, constant 2021 international dollars) is a measure to assess the total economic output of a country, adjusted for differences in the purchasing power of the different currencies relative to the US dollar. It is derived from the World Development Indicators of the World Bank. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.