Gross savings in Singapore
Singapore: Gross savings was 241.40 billion current US$ in 2025. ◆ Volatile
Gross savings in Singapore, 1972–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for gross savings in Singapore is 241.40 billion current US$, measured in 2025. That is the highest value across all 54 years on record.
That represents a change of up 4.2% on the previous year and up 77.9% over ten years.
Over the whole period, gross savings in Singapore peaked at 241.40 billion current US$ in 2025 and was at its lowest, 715.64 million current US$, in 1972.
That places Singapore 21st out of 178 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings in Singapore, year by year
| Year | current US$ | Change |
|---|---|---|
| 1972 | 715.64 million current US$ | — |
| 1973 | 937.30 million current US$ | +31.0% |
| 1974 | 1.35 billion current US$ | +43.9% |
| 1975 | 1.67 billion current US$ | +23.8% |
| 1976 | 1.90 billion current US$ | +13.9% |
| 1977 | 2.00 billion current US$ | +5.0% |
| 1978 | 2.44 billion current US$ | +22.1% |
| 1979 | 3.30 billion current US$ | +35.1% |
| 1980 | 4.02 billion current US$ | +22.1% |
| 1981 | 5.08 billion current US$ | +26.3% |
| 1982 | 5.99 billion current US$ | +17.8% |
| 1983 | 7.39 billion current US$ | +23.5% |
| 1984 | 8.71 billion current US$ | +17.8% |
| 1985 | 7.96 billion current US$ | -8.6% |
| 1986 | 7.40 billion current US$ | -7.1% |
| 1987 | 7.92 billion current US$ | +7.1% |
| 1988 | 10.49 billion current US$ | +32.5% |
| 1989 | 13.03 billion current US$ | +24.2% |
| 1990 | 15.81 billion current US$ | +21.3% |
| 1991 | 20.45 billion current US$ | +29.4% |
| 1992 | 24.50 billion current US$ | +19.8% |
| 1993 | 26.89 billion current US$ | +9.8% |
| 1994 | 35.44 billion current US$ | +31.8% |
| 1995 | 44.43 billion current US$ | +25.4% |
| 1996 | 47.06 billion current US$ | +5.9% |
| 1997 | 52.37 billion current US$ | +11.3% |
| 1998 | 44.02 billion current US$ | -15.9% |
| 1999 | 42.20 billion current US$ | -4.1% |
| 2000 | 44.56 billion current US$ | +5.6% |
| 2001 | 35.99 billion current US$ | -19.2% |
| 2002 | 35.56 billion current US$ | -1.2% |
| 2003 | 38.47 billion current US$ | +8.2% |
| 2004 | 46.72 billion current US$ | +21.4% |
| 2005 | 55.76 billion current US$ | +19.3% |
| 2006 | 71.59 billion current US$ | +28.4% |
| 2007 | 90.42 billion current US$ | +26.3% |
| 2008 | 85.89 billion current US$ | -5.0% |
| 2009 | 85.16 billion current US$ | -0.8% |
| 2010 | 121.32 billion current US$ | +42.5% |
| 2011 | 136.35 billion current US$ | +12.4% |
| 2012 | 139.44 billion current US$ | +2.3% |
| 2013 | 140.00 billion current US$ | +0.4% |
| 2014 | 148.91 billion current US$ | +6.4% |
| 2015 | 135.66 billion current US$ | -8.9% |
| 2016 | 145.10 billion current US$ | +7.0% |
| 2017 | 160.74 billion current US$ | +10.8% |
| 2018 | 156.56 billion current US$ | -2.6% |
| 2019 | 150.68 billion current US$ | -3.8% |
| 2020 | 147.80 billion current US$ | -1.9% |
| 2021 | 194.77 billion current US$ | +31.8% |
| 2022 | 215.58 billion current US$ | +10.7% |
| 2023 | 193.62 billion current US$ | -10.2% |
| 2024 | 231.74 billion current US$ | +19.7% |
| 2025 | 241.40 billion current US$ | +4.2% |
Singapore compared with similar countries
- Singapore's 241.40 billion current US$ is above the median for high income countries, which is 58.75 billion current US$, 4.1× the median. (63 countries reporting)
- Singapore's 241.40 billion current US$ is above the median for East Asia & Pacific, which is 6.81 billion current US$, 35.4× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.79 billion current US$ | 715.64 million current US$ | 3.30 billion current US$ | 8 |
| 1980s | 7.80 billion current US$ | 4.02 billion current US$ | 13.03 billion current US$ | 10 |
| 1990s | 35.32 billion current US$ | 15.81 billion current US$ | 52.37 billion current US$ | 10 |
| 2000s | 59.01 billion current US$ | 35.56 billion current US$ | 90.42 billion current US$ | 10 |
| 2010s | 143.48 billion current US$ | 121.32 billion current US$ | 160.74 billion current US$ | 10 |
| 2020s | 204.15 billion current US$ | 147.80 billion current US$ | 241.40 billion current US$ | 6 |
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$), annual growth rate 12.55 % change on previous year (2025)
Frequently asked questions
- What is gross savings in Singapore?
- Gross savings in Singapore was 241.40 billion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Singapore?
- The highest recorded value was 241.40 billion current US$ in 2025.
- What is the lowest gross savings recorded in Singapore?
- The lowest recorded value was 715.64 million current US$ in 1972.
- How does Singapore rank for gross savings?
- Singapore ranks 21st out of 178 countries with data for 2025.
- Is gross savings rising or falling in Singapore?
- Over the last ten years it is up 77.9%. 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 Offices (NSOs), published as part of Gross savings (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.