Gross domestic product (GDP), per unit of GDP in Singapore
Singapore: Gross domestic product (GDP), per unit of GDP was 1.17 international-$ in 2021 prices per US$ of GDP in 2023. ◆ Volatile
Gross domestic product (GDP), per unit of GDP in Singapore, 1960–2023
Source: Statizoid (derived). Measured in international-$ in 2021 prices per US$ of GDP.
Analysis
The most recent figure for gross domestic product (gdp), per unit of gdp in Singapore is 1.17 international-$ in 2021 prices per US$ of GDP, measured in 2023.
That represents a change of down 3.3% on the previous year and down 18.6% over ten years.
Over the whole period, gross domestic product (gdp), per unit of gdp in Singapore peaked at 9.72 international-$ in 2021 prices per US$ of GDP in 1967 and was at its lowest, 1.02 international-$ in 2021 prices per US$ of GDP, in 1995.
Singapore ranks 149th of 180 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), per unit of GDP in Singapore, year by year
| Year | international-$ in 2021 prices per US$ of GDP | Change |
|---|---|---|
| 1960 | 7.58 international-$ in 2021 prices per US$ of GDP | — |
| 1961 | 8.1 international-$ in 2021 prices per US$ of GDP | +6.9% |
| 1962 | 8.67 international-$ in 2021 prices per US$ of GDP | +7.1% |
| 1963 | 9.03 international-$ in 2021 prices per US$ of GDP | +4.1% |
| 1964 | 9.5 international-$ in 2021 prices per US$ of GDP | +5.1% |
| 1965 | 9.46 international-$ in 2021 prices per US$ of GDP | -0.4% |
| 1966 | 9.52 international-$ in 2021 prices per US$ of GDP | +0.6% |
| 1967 | 9.72 international-$ in 2021 prices per US$ of GDP | +2.1% |
| 1968 | 9.4 international-$ in 2021 prices per US$ of GDP | -3.3% |
| 1969 | 9.41 international-$ in 2021 prices per US$ of GDP | +0.2% |
| 1970 | 9.45 international-$ in 2021 prices per US$ of GDP | +0.4% |
| 1971 | 9.14 international-$ in 2021 prices per US$ of GDP | -3.3% |
| 1972 | 8.38 international-$ in 2021 prices per US$ of GDP | -8.3% |
| 1973 | 6.84 international-$ in 2021 prices per US$ of GDP | -18.4% |
| 1974 | 5.82 international-$ in 2021 prices per US$ of GDP | -14.8% |
| 1975 | 5.56 international-$ in 2021 prices per US$ of GDP | -4.5% |
| 1976 | 5.54 international-$ in 2021 prices per US$ of GDP | -0.3% |
| 1977 | 5.6 international-$ in 2021 prices per US$ of GDP | +1.0% |
| 1978 | 5.48 international-$ in 2021 prices per US$ of GDP | -2.2% |
| 1979 | 5.1 international-$ in 2021 prices per US$ of GDP | -6.8% |
| 1980 | 4.46 international-$ in 2021 prices per US$ of GDP | -12.7% |
| 1981 | 3.76 international-$ in 2021 prices per US$ of GDP | -15.6% |
| 1982 | 3.47 international-$ in 2021 prices per US$ of GDP | -7.6% |
| 1983 | 3.49 international-$ in 2021 prices per US$ of GDP | +0.3% |
| 1984 | 3.5 international-$ in 2021 prices per US$ of GDP | +0.5% |
| 1985 | 3.27 international-$ in 2021 prices per US$ of GDP | -6.6% |
| 1986 | 3.54 international-$ in 2021 prices per US$ of GDP | +8.2% |
| 1987 | 3.57 international-$ in 2021 prices per US$ of GDP | +0.7% |
| 1988 | 3.2 international-$ in 2021 prices per US$ of GDP | -10.4% |
| 1989 | 2.76 international-$ in 2021 prices per US$ of GDP | -13.7% |
| 1990 | 2.69 international-$ in 2021 prices per US$ of GDP | -2.5% |
| 1991 | 2.02 international-$ in 2021 prices per US$ of GDP | -24.8% |
| 1992 | 1.77 international-$ in 2021 prices per US$ of GDP | -12.8% |
| 1993 | 1.49 international-$ in 2021 prices per US$ of GDP | -15.6% |
| 1994 | 1.16 international-$ in 2021 prices per US$ of GDP | -22.1% |
| 1995 | 1.02 international-$ in 2021 prices per US$ of GDP | -11.8% |
| 1996 | 1.15 international-$ in 2021 prices per US$ of GDP | +11.8% |
| 1997 | 1.18 international-$ in 2021 prices per US$ of GDP | +3.0% |
| 1998 | 1.52 international-$ in 2021 prices per US$ of GDP | +29.1% |
| 1999 | 1.59 international-$ in 2021 prices per US$ of GDP | +4.6% |
| 2000 | 1.93 international-$ in 2021 prices per US$ of GDP | +21.3% |
| 2001 | 1.98 international-$ in 2021 prices per US$ of GDP | +2.4% |
| 2002 | 2.11 international-$ in 2021 prices per US$ of GDP | +6.6% |
| 2003 | 1.86 international-$ in 2021 prices per US$ of GDP | -11.5% |
| 2004 | 1.88 international-$ in 2021 prices per US$ of GDP | +0.7% |
| 2005 | 2.33 international-$ in 2021 prices per US$ of GDP | +24.3% |
| 2006 | 2.25 international-$ in 2021 prices per US$ of GDP | -3.7% |
| 2007 | 2.03 international-$ in 2021 prices per US$ of GDP | -9.6% |
| 2008 | 1.74 international-$ in 2021 prices per US$ of GDP | -14.4% |
| 2009 | 1.69 international-$ in 2021 prices per US$ of GDP | -2.8% |
| 2010 | 1.73 international-$ in 2021 prices per US$ of GDP | +2.7% |
| 2011 | 1.61 international-$ in 2021 prices per US$ of GDP | -7.1% |
| 2012 | 1.54 international-$ in 2021 prices per US$ of GDP | -4.4% |
| 2013 | 1.43 international-$ in 2021 prices per US$ of GDP | -7.0% |
| 2014 | 1.53 international-$ in 2021 prices per US$ of GDP | +6.7% |
| 2015 | 1.55 international-$ in 2021 prices per US$ of GDP | +1.1% |
| 2016 | 1.51 international-$ in 2021 prices per US$ of GDP | -2.3% |
| 2017 | 1.53 international-$ in 2021 prices per US$ of GDP | +1.5% |
| 2018 | 1.43 international-$ in 2021 prices per US$ of GDP | -6.7% |
| 2019 | 1.45 international-$ in 2021 prices per US$ of GDP | +1.3% |
| 2020 | 1.49 international-$ in 2021 prices per US$ of GDP | +2.5% |
| 2021 | 1.32 international-$ in 2021 prices per US$ of GDP | -11.3% |
| 2022 | 1.21 international-$ in 2021 prices per US$ of GDP | -8.4% |
| 2023 | 1.17 international-$ in 2021 prices per US$ of GDP | -3.3% |
Singapore compared with similar countries
- Singapore's 1.17 international-$ in 2021 prices per US$ of GDP is below the median for high income countries, which is 1.23 international-$ in 2021 prices per US$ of GDP, 95% of the median. (65 countries reporting)
- Singapore's 1.17 international-$ in 2021 prices per US$ of GDP is below the median for East Asia & Pacific, which is 2.38 international-$ in 2021 prices per US$ of GDP, 49% of the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 9.04 international-$ in 2021 prices per US$ of GDP | 7.58 international-$ in 2021 prices per US$ of GDP | 9.72 international-$ in 2021 prices per US$ of GDP | 10 |
| 1970s | 6.69 international-$ in 2021 prices per US$ of GDP | 5.1 international-$ in 2021 prices per US$ of GDP | 9.45 international-$ in 2021 prices per US$ of GDP | 10 |
| 1980s | 3.5 international-$ in 2021 prices per US$ of GDP | 2.76 international-$ in 2021 prices per US$ of GDP | 4.46 international-$ in 2021 prices per US$ of GDP | 10 |
| 1990s | 1.56 international-$ in 2021 prices per US$ of GDP | 1.02 international-$ in 2021 prices per US$ of GDP | 2.69 international-$ in 2021 prices per US$ of GDP | 10 |
| 2000s | 1.98 international-$ in 2021 prices per US$ of GDP | 1.69 international-$ in 2021 prices per US$ of GDP | 2.33 international-$ in 2021 prices per US$ of GDP | 10 |
| 2010s | 1.53 international-$ in 2021 prices per US$ of GDP | 1.43 international-$ in 2021 prices per US$ of GDP | 1.73 international-$ in 2021 prices per US$ of GDP | 10 |
| 2020s | 1.29 international-$ in 2021 prices per US$ of GDP | 1.17 international-$ in 2021 prices per US$ of GDP | 1.49 international-$ in 2021 prices per US$ of GDP | 4 |
Countries ranked near Singapore
- 146 Jamaica 1.25 international-$ in 2021 prices per US$ of GDP compare
- 147 Estonia 1.23 international-$ in 2021 prices per US$ of GDP compare
- 148 Ireland 1.21 international-$ in 2021 prices per US$ of GDP compare
- 150 France 1.16 international-$ in 2021 prices per US$ of GDP compare
- 151 Hong Kong 1.15 international-$ in 2021 prices per US$ of GDP compare
- 152 Uruguay 1.14 international-$ in 2021 prices per US$ of GDP 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$), annual growth rate 12.55 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp), per unit of gdp in Singapore?
- Gross domestic product (gdp), per unit of gdp in Singapore was 1.17 international-$ in 2021 prices per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), per unit of gdp recorded in Singapore?
- The highest recorded value was 9.72 international-$ in 2021 prices per US$ of GDP in 1967.
- What is the lowest gross domestic product (gdp), per unit of gdp recorded in Singapore?
- The lowest recorded value was 1.02 international-$ in 2021 prices per US$ of GDP in 1995.
- How does Singapore rank for gross domestic product (gdp), per unit of gdp?
- Singapore ranks 149th out of 180 countries with data for 2023.
- Is gross domestic product (gdp), per unit of gdp rising or falling in Singapore?
- Over the last ten years it is down 18.6%. 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), per unit of GDP. Statizoid updates them automatically from the source API.
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CSV · JSON — 64 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross domestic product (GDP) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic product (GDP) ÷ GDP (current US$)
Computed from
- Gross domestic product (GDP) Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Gross domestic product (GDP) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.