Gross Domestic Product — Value US$, 2015 prices in Singapore

Singapore: Gross Domestic Product — Value US$, 2015 prices was 404,135 million USD in 2024. ◆ Volatile

Latest (2024)
404,135 million USD
Change on year
up 4.4%
World rank
36th
of 203 countries
All-time high
404,135 million USD
in 2024
All-time low
14,516 million USD
in 1970
Years of data
55
1970–2024

Gross Domestic Product — Value US$, 2015 prices in Singapore, 1970–2024

0100.0k200.0k300.0k400.0k197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

The most recent figure for gross domestic product — value us$, 2015 prices in Singapore is 404,135 million USD, measured in 2024. That is the highest value across all 55 years on record.

That represents a change of up 4.4% on the previous year and up 35.1% over ten years.

Over the whole period, gross domestic product — value us$, 2015 prices in Singapore peaked at 404,135 million USD in 2024 and was at its lowest, 14,516 million USD, in 1970.

Singapore ranks 36th of 203 countries on this measure, in the top quarter.

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

Gross Domestic Product — Value US$, 2015 prices in Singapore, year by year

Annual values for Gross Domestic Product — Value US$, 2015 prices in Singapore, 1970 to 2024.
Year million USD Change
1970 14,516 million USD
1971 16,318 million USD +12.4%
1972 18,490 million USD +13.3%
1973 20,451 million USD +10.6%
1974 21,702 million USD +6.1%
1975 22,568 million USD +4.0%
1976 24,246 million USD +7.4%
1977 25,908 million USD +6.9%
1978 27,922 million USD +7.8%
1979 30,590 million USD +9.6%
1980 33,684 million USD +10.1%
1981 37,327 million USD +10.8%
1982 39,978 million USD +7.1%
1983 43,398 million USD +8.6%
1984 47,214 million USD +8.8%
1985 46,920 million USD -0.6%
1986 47,550 million USD +1.3%
1987 52,684 million USD +10.8%
1988 58,618 million USD +11.3%
1989 64,573 million USD +10.2%
1990 70,915 million USD +9.8%
1991 75,658 million USD +6.7%
1992 80,682 million USD +6.6%
1993 89,927 million USD +11.5%
1994 99,906 million USD +11.1%
1995 107,074 million USD +7.2%
1996 115,074 million USD +7.5%
1997 124,644 million USD +8.3%
1998 121,913 million USD -2.2%
1999 128,884 million USD +5.7%
2000 140,533 million USD +9.0%
2001 139,028 million USD -1.1%
2002 144,483 million USD +3.9%
2003 151,054 million USD +4.5%
2004 166,069 million USD +9.9%
2005 178,302 million USD +7.4%
2006 194,362 million USD +9.0%
2007 211,896 million USD +9.0%
2008 215,845 million USD +1.9%
2009 216,121 million USD +0.1%
2010 247,501 million USD +14.5%
2011 262,883 million USD +6.2%
2012 274,543 million USD +4.4%
2013 287,770 million USD +4.8%
2014 299,095 million USD +3.9%
2015 307,999 million USD +3.0%
2016 319,052 million USD +3.6%
2017 333,450 million USD +4.5%
2018 345,178 million USD +3.5%
2019 349,821 million USD +1.3%
2020 336,283 million USD -3.9%
2021 368,872 million USD +9.7%
2022 383,029 million USD +3.8%
2023 387,147 million USD +1.1%
2024 404,135 million USD +4.4%

Averages by decade

DecadeAverage LowestHighest Years
1970s 22,271 million USD 14,516 million USD 30,590 million USD 10
1980s 47,195 million USD 33,684 million USD 64,573 million USD 10
1990s 101,468 million USD 70,915 million USD 128,884 million USD 10
2000s 175,769 million USD 139,028 million USD 216,121 million USD 10
2010s 302,729 million USD 247,501 million USD 349,821 million USD 10
2020s 375,893 million USD 336,283 million USD 404,135 million USD 5

Countries ranked near Singapore

  1. 33 Malaysia 421,626 million USD compare
  2. 34 Austria 418,190 million USD compare
  3. 35 Pakistan 407,734 million USD compare
  4. 37 Bangladesh 402,209 million USD compare
  5. 38 Denmark 377,925 million USD compare
  6. 39 South Africa 364,746 million USD compare

See the full ranking of 252 places →

More economy & growth data for Singapore

All data for Singapore →

Frequently asked questions

What is gross domestic product — value us$, 2015 prices in Singapore?
Gross domestic product — value us$, 2015 prices in Singapore was 404,135 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross domestic product — value us$, 2015 prices recorded in Singapore?
The highest recorded value was 404,135 million USD in 2024.
What is the lowest gross domestic product — value us$, 2015 prices recorded in Singapore?
The lowest recorded value was 14,516 million USD in 1970.
How does Singapore rank for gross domestic product — value us$, 2015 prices?
Singapore ranks 36th out of 203 countries with data for 2024.
Is gross domestic product — value us$, 2015 prices rising or falling in Singapore?
Over the last ten years it is up 35.1%. The long-run trend across the full record is volatile.
Where does this Singapore data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value US$, 2015 prices. Statizoid updates them automatically from the source API.

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Gross Domestic Product — Value US$, 2015 prices in Singapore. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 31 August 2026, from https://economy.statizoid.com/stat/gross-domestic-product-value-us-2015-prices/singapore/

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About this data

Indicator
Gross Domestic Product — Value US$, 2015 prices
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
252 places, 12,899 data points, 1970–2024
Last refreshed

The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).