Gross national expenditure in Singapore
Singapore: Gross national expenditure was 305.90 billion constant 2015 US$ in 2025. ◆ Volatile
Latest (2025)
305.90 billion constant 2015 US$
Change on year
up 3.6%
World rank
39th
of 162 countries
All-time high
305.90 billion constant 2015 US$
in 2025
All-time low
5.96 billion constant 2015 US$
in 1960
Years of data
66
1960–2025
Gross national expenditure in Singapore, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Singapore recorded 305.90 billion constant 2015 US$ for gross national expenditure in 2025. That is the highest value across all 66 years on record.
The figure is up 3.6% on the previous year and up 36.6% over ten years.
Over the whole period, gross national expenditure in Singapore peaked at 305.90 billion constant 2015 US$ in 2025 and was at its lowest, 5.96 billion constant 2015 US$, in 1960.
That places Singapore 39th out of 162 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure in Singapore, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1960 | 5.96 billion constant 2015 US$ | — |
| 1961 | 6.62 billion constant 2015 US$ | +11.1% |
| 1962 | 7.13 billion constant 2015 US$ | +7.6% |
| 1963 | 7.84 billion constant 2015 US$ | +10.0% |
| 1964 | 7.66 billion constant 2015 US$ | -2.4% |
| 1965 | 8.12 billion constant 2015 US$ | +6.0% |
| 1966 | 8.78 billion constant 2015 US$ | +8.1% |
| 1967 | 9.69 billion constant 2015 US$ | +10.4% |
| 1968 | 11.03 billion constant 2015 US$ | +13.8% |
| 1969 | 12.53 billion constant 2015 US$ | +13.6% |
| 1970 | 15.32 billion constant 2015 US$ | +22.3% |
| 1971 | 17.47 billion constant 2015 US$ | +14.1% |
| 1972 | 19.21 billion constant 2015 US$ | +10.0% |
| 1973 | 20.59 billion constant 2015 US$ | +7.2% |
| 1974 | 23.04 billion constant 2015 US$ | +11.9% |
| 1975 | 23.10 billion constant 2015 US$ | +0.3% |
| 1976 | 24.44 billion constant 2015 US$ | +5.8% |
| 1977 | 25.16 billion constant 2015 US$ | +3.0% |
| 1978 | 28.24 billion constant 2015 US$ | +12.2% |
| 1979 | 30.95 billion constant 2015 US$ | +9.6% |
| 1980 | 34.01 billion constant 2015 US$ | +9.9% |
| 1981 | 36.04 billion constant 2015 US$ | +6.0% |
| 1982 | 39.30 billion constant 2015 US$ | +9.0% |
| 1983 | 42.51 billion constant 2015 US$ | +8.2% |
| 1984 | 45.71 billion constant 2015 US$ | +7.5% |
| 1985 | 44.48 billion constant 2015 US$ | -2.7% |
| 1986 | 43.76 billion constant 2015 US$ | -1.6% |
| 1987 | 47.87 billion constant 2015 US$ | +9.4% |
| 1988 | 50.55 billion constant 2015 US$ | +5.6% |
| 1989 | 55.40 billion constant 2015 US$ | +9.6% |
| 1990 | 61.60 billion constant 2015 US$ | +11.2% |
| 1991 | 64.92 billion constant 2015 US$ | +5.4% |
| 1992 | 69.44 billion constant 2015 US$ | +7.0% |
| 1993 | 79.45 billion constant 2015 US$ | +14.4% |
| 1994 | 82.75 billion constant 2015 US$ | +4.2% |
| 1995 | 90.20 billion constant 2015 US$ | +9.0% |
| 1996 | 98.85 billion constant 2015 US$ | +9.6% |
| 1997 | 109.63 billion constant 2015 US$ | +10.9% |
| 1998 | 100.13 billion constant 2015 US$ | -8.7% |
| 1999 | 109.06 billion constant 2015 US$ | +8.9% |
| 2000 | 129.32 billion constant 2015 US$ | +18.6% |
| 2001 | 124.13 billion constant 2015 US$ | -4.0% |
| 2002 | 125.47 billion constant 2015 US$ | +1.1% |
| 2003 | 115.65 billion constant 2015 US$ | -7.8% |
| 2004 | 132.57 billion constant 2015 US$ | +14.6% |
| 2005 | 136.36 billion constant 2015 US$ | +2.9% |
| 2006 | 146.89 billion constant 2015 US$ | +7.7% |
| 2007 | 158.17 billion constant 2015 US$ | +7.7% |
| 2008 | 176.33 billion constant 2015 US$ | +11.5% |
| 2009 | 172.57 billion constant 2015 US$ | -2.1% |
| 2010 | 190.77 billion constant 2015 US$ | +10.5% |
| 2011 | 197.01 billion constant 2015 US$ | +3.3% |
| 2012 | 211.25 billion constant 2015 US$ | +7.2% |
| 2013 | 220.88 billion constant 2015 US$ | +4.6% |
| 2014 | 225.03 billion constant 2015 US$ | +1.9% |
| 2015 | 223.92 billion constant 2015 US$ | -0.5% |
| 2016 | 236.37 billion constant 2015 US$ | +5.6% |
| 2017 | 251.22 billion constant 2015 US$ | +6.3% |
| 2018 | 254.25 billion constant 2015 US$ | +1.2% |
| 2019 | 259.14 billion constant 2015 US$ | +1.9% |
| 2020 | 235.89 billion constant 2015 US$ | -9.0% |
| 2021 | 265.10 billion constant 2015 US$ | +12.4% |
| 2022 | 277.01 billion constant 2015 US$ | +4.5% |
| 2023 | 271.05 billion constant 2015 US$ | -2.2% |
| 2024 | 295.21 billion constant 2015 US$ | +8.9% |
| 2025 | 305.90 billion constant 2015 US$ | +3.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 8.54 billion constant 2015 US$ | 5.96 billion constant 2015 US$ | 12.53 billion constant 2015 US$ | 10 |
| 1970s | 22.75 billion constant 2015 US$ | 15.32 billion constant 2015 US$ | 30.95 billion constant 2015 US$ | 10 |
| 1980s | 43.96 billion constant 2015 US$ | 34.01 billion constant 2015 US$ | 55.40 billion constant 2015 US$ | 10 |
| 1990s | 86.60 billion constant 2015 US$ | 61.60 billion constant 2015 US$ | 109.63 billion constant 2015 US$ | 10 |
| 2000s | 141.75 billion constant 2015 US$ | 115.65 billion constant 2015 US$ | 176.33 billion constant 2015 US$ | 10 |
| 2010s | 226.98 billion constant 2015 US$ | 190.77 billion constant 2015 US$ | 259.14 billion constant 2015 US$ | 10 |
| 2020s | 275.03 billion constant 2015 US$ | 235.89 billion constant 2015 US$ | 305.90 billion constant 2015 US$ | 6 |
Countries ranked near Singapore
- 36 Denmark 325.75 billion constant 2015 US$ compare
- 37 Ireland 318.53 billion constant 2015 US$ compare
- 38 Chile 310.48 billion constant 2015 US$ compare
- 40 Romania 267.01 billion constant 2015 US$ compare
- 41 Algeria 258.92 billion constant 2015 US$ compare
- 42 Portugal 253.36 billion constant 2015 US$ 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)
- GDP (current US$), annual growth rate 5.41 % change on previous year (2025)
- GDP (current US$), per capita 98,814 current US$ per person (2025)
- GDP (current LCU), annual growth rate 3.14 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 1.31 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 129,194 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 5.03 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.7153 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 70,684 constant 2015 US$ per person (2025)
Frequently asked questions
- What is gross national expenditure in Singapore?
- Gross national expenditure in Singapore was 305.90 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross national expenditure recorded in Singapore?
- The highest recorded value was 305.90 billion constant 2015 US$ in 2025.
- What is the lowest gross national expenditure recorded in Singapore?
- The lowest recorded value was 5.96 billion constant 2015 US$ in 1960.
- How does Singapore rank for gross national expenditure?
- Singapore ranks 39th out of 162 countries with data for 2025.
- Is gross national expenditure rising or falling in Singapore?
- Over the last ten years it is up 36.6%. The long-run trend across the full record is volatile.
- Where does this Singapore data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross national expenditure (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.