Gross domestic product (GDP), Price deflator, Index in Singapore
Singapore: Gross domestic product (GDP), Price deflator, Index was 149.16 in 2031. ▲ Rising
Gross domestic product (GDP), Price deflator, Index in Singapore, 1980–2031
Source: International Monetary Fund.
Analysis
Singapore recorded 149.16 for gross domestic product (gdp), price deflator, index in 2031. That is the highest value across all 52 years on record.
The figure is up 1.9% on the previous year and up 28.0% over ten years.
Over the whole period, gross domestic product (gdp), price deflator, index in Singapore peaked at 149.16 in 2031 and was at its lowest, 55.86, in 1980.
Singapore ranks 14th of 26 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 52 years of available data.
Gross domestic product (GDP), Price deflator, Index in Singapore, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 55.86 | — |
| 1981 | 59.14 | +5.9% |
| 1982 | 61.83 | +4.5% |
| 1983 | 63.79 | +3.2% |
| 1984 | 64.29 | +0.8% |
| 1985 | 63.35 | -1.5% |
| 1986 | 62.55 | -1.3% |
| 1987 | 62.89 | +0.5% |
| 1988 | 66.3 | +5.4% |
| 1989 | 69.06 | +4.2% |
| 1990 | 72.3 | +4.7% |
| 1991 | 75.51 | +4.4% |
| 1992 | 76.56 | +1.4% |
| 1993 | 79.2 | +3.5% |
| 1994 | 81.95 | +3.5% |
| 1995 | 84.55 | +3.2% |
| 1996 | 85.82 | +1.5% |
| 1997 | 86.75 | +1.1% |
| 1998 | 85.6 | -1.3% |
| 1999 | 82.54 | -3.6% |
| 2000 | 85.73 | +3.9% |
| 2001 | 84.17 | -1.8% |
| 2002 | 83.42 | -0.9% |
| 2003 | 81.92 | -1.8% |
| 2004 | 85.16 | +4.0% |
| 2005 | 86.78 | +1.9% |
| 2006 | 88.38 | +1.8% |
| 2007 | 93.61 | +5.9% |
| 2008 | 92.31 | -1.4% |
| 2009 | 95.04 | +3.0% |
| 2010 | 96.09 | +1.1% |
| 2011 | 97.22 | +1.2% |
| 2012 | 97.7 | +0.5% |
| 2013 | 97.28 | -0.4% |
| 2014 | 97.02 | -0.3% |
| 2015 | 100 | +3.1% |
| 2016 | 100.71 | +0.7% |
| 2017 | 103.72 | +3.0% |
| 2018 | 107.63 | +3.8% |
| 2019 | 107.28 | -0.3% |
| 2020 | 104.92 | -2.2% |
| 2021 | 116.5 | +11.0% |
| 2022 | 134 | +15.0% |
| 2023 | 127.88 | -4.6% |
| 2024 | 135.38 | +5.9% |
| 2025 | 132.95 | -1.8% |
| 2026 | 135.97 | +2.3% |
| 2027 | 138.5 | +1.9% |
| 2028 | 141.09 | +1.9% |
| 2029 | 143.73 | +1.9% |
| 2030 | 146.42 | +1.9% |
| 2031 | 149.16 | +1.9% |
Singapore compared with similar countries
- Singapore's 149.16 is above the median for high income countries, which is 130.61, 1.1× the median. (13 countries reporting)
- Singapore's 149.16 is above the median for East Asia & Pacific, which is 127.19, 1.2× the median. (7 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 62.91 | 55.86 | 69.06 | 10 |
| 1990s | 81.08 | 72.3 | 86.75 | 10 |
| 2000s | 87.65 | 81.92 | 95.04 | 10 |
| 2010s | 100.47 | 96.09 | 107.63 | 10 |
| 2020s | 131.09 | 104.92 | 143.73 | 10 |
| 2030s | 147.79 | 146.42 | 149.16 | 2 |
Countries ranked near Singapore
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), price deflator, index in Singapore?
- Gross domestic product (gdp), price deflator, index in Singapore was 149.16 in 2031, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), price deflator, index recorded in Singapore?
- The highest recorded value was 149.16 in 2031.
- What is the lowest gross domestic product (gdp), price deflator, index recorded in Singapore?
- The lowest recorded value was 55.86 in 1980.
- How does Singapore rank for gross domestic product (gdp), price deflator, index?
- Singapore ranks 14th out of 26 countries with data for 2031.
- Is gross domestic product (gdp), price deflator, index rising or falling in Singapore?
- Over the last ten years it is up 28.0%. The long-run trend across the full record is rising.
- Where does this Singapore data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Price deflator, Index (9/26/2025). Statizoid updates them automatically from the source API.
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About this data
The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.