Gross value added at basic prices (GVA) … constant annual growth rate in Singapore
Singapore: Gross value added at basic prices (GVA) … constant annual growth rate was 4.96 % change on previous year in 2025. ◆ Volatile
Gross value added at basic prices (GVA) (constant LCU), annual growth in Singapore, 1961–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, gross value added at basic prices (gva) (constant lcu), annual growth in Singapore stood at 4.96 % change on previous year.
Compared with earlier readings it is down 6.7% on the previous year and up 98.0% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant lcu), annual growth in Singapore peaked at 15.01 % change on previous year in 2010 and was at its lowest, -3.46 % change on previous year, in 1964.
That places Singapore 51st out of 195 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) … constant annual growth rate in Singapore, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 8.56 % change on previous year | — |
| 1962 | 7.67 % change on previous year | -10.4% |
| 1963 | 10.52 % change on previous year | +37.2% |
| 1964 | -3.46 % change on previous year | -132.9% |
| 1965 | 7.12 % change on previous year | -305.8% |
| 1966 | 10.04 % change on previous year | +41.1% |
| 1967 | 13.26 % change on previous year | +32.0% |
| 1968 | 14.21 % change on previous year | +7.2% |
| 1969 | 13.71 % change on previous year | -3.6% |
| 1970 | 13.72 % change on previous year | +0.1% |
| 1971 | 12.96 % change on previous year | -5.5% |
| 1972 | 13.23 % change on previous year | +2.0% |
| 1973 | 10.68 % change on previous year | -19.3% |
| 1974 | 6.71 % change on previous year | -37.1% |
| 1975 | 4.15 % change on previous year | -38.2% |
| 1976 | 7.58 % change on previous year | +82.5% |
| 1977 | 6.8 % change on previous year | -10.2% |
| 1978 | 7.82 % change on previous year | +15.0% |
| 1979 | 9.42 % change on previous year | +20.4% |
| 1980 | 10.1 % change on previous year | +7.3% |
| 1981 | 10.97 % change on previous year | +8.6% |
| 1982 | 7.1 % change on previous year | -35.3% |
| 1983 | 8.6 % change on previous year | +21.0% |
| 1984 | 8.94 % change on previous year | +4.0% |
| 1985 | -0.6434 % change on previous year | -107.2% |
| 1986 | 1.36 % change on previous year | -311.3% |
| 1987 | 10.69 % change on previous year | +686.4% |
| 1988 | 11.28 % change on previous year | +5.5% |
| 1989 | 9.8 % change on previous year | -13.1% |
| 1990 | 9.96 % change on previous year | +1.6% |
| 1991 | 7.03 % change on previous year | -29.4% |
| 1992 | 6.53 % change on previous year | -7.1% |
| 1993 | 11.38 % change on previous year | +74.3% |
| 1994 | 11.36 % change on previous year | -0.1% |
| 1995 | 7.29 % change on previous year | -35.8% |
| 1996 | 7.68 % change on previous year | +5.3% |
| 1997 | 8.38 % change on previous year | +9.2% |
| 1998 | -1.8 % change on previous year | -121.5% |
| 1999 | 5.59 % change on previous year | -410.8% |
| 2000 | 9 % change on previous year | +61.0% |
| 2001 | -0.8412 % change on previous year | -109.3% |
| 2002 | 4.09 % change on previous year | -585.9% |
| 2003 | 4.51 % change on previous year | +10.3% |
| 2004 | 9.88 % change on previous year | +119.2% |
| 2005 | 7.49 % change on previous year | -24.1% |
| 2006 | 9.06 % change on previous year | +20.8% |
| 2007 | 8.59 % change on previous year | -5.1% |
| 2008 | 2.9 % change on previous year | -66.3% |
| 2009 | 0.059 % change on previous year | -98.0% |
| 2010 | 15.01 % change on previous year | +25358.0% |
| 2011 | 6.7 % change on previous year | -55.3% |
| 2012 | 4.51 % change on previous year | -32.7% |
| 2013 | 5.36 % change on previous year | +18.8% |
| 2014 | 4.17 % change on previous year | -22.2% |
| 2015 | 2.51 % change on previous year | -39.9% |
| 2016 | 3.33 % change on previous year | +32.9% |
| 2017 | 4.23 % change on previous year | +26.9% |
| 2018 | 3.52 % change on previous year | -16.9% |
| 2019 | 1.14 % change on previous year | -67.6% |
| 2020 | -2.94 % change on previous year | -358.7% |
| 2021 | 9.96 % change on previous year | -438.6% |
| 2022 | 4.5 % change on previous year | -54.8% |
| 2023 | 1.44 % change on previous year | -67.9% |
| 2024 | 5.32 % change on previous year | +268.5% |
| 2025 | 4.96 % change on previous year | -6.7% |
Singapore compared with similar countries
- Singapore's 4.96 % change on previous year is above the median for high income countries, which is 1.99 % change on previous year, 2.5× the median. (69 countries reporting)
- Singapore's 4.96 % change on previous year is above the median for East Asia & Pacific, which is 3.89 % change on previous year, 1.3× the median. (28 countries reporting)
Biggest year-on-year movements
Years where Gross value added at basic prices (GVA) … constant annual growth rate in Singapore changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2010 | +25358.0% | 0.059 % change on previous year | 15.01 % change on previous year |
| 1987 | +686.4% | 1.36 % change on previous year | 10.69 % change on previous year |
| 2002 | +585.9% | -0.8412 % change on previous year | 4.09 % change on previous year |
| 2021 | +438.6% | -2.94 % change on previous year | 9.96 % change on previous year |
| 1999 | +410.8% | -1.8 % change on previous year | 5.59 % change on previous year |
| 2020 | -358.7% | 1.14 % change on previous year | -2.94 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 9.07 % change on previous year | -3.46 % change on previous year | 14.21 % change on previous year | 9 |
| 1970s | 9.31 % change on previous year | 4.15 % change on previous year | 13.72 % change on previous year | 10 |
| 1980s | 7.82 % change on previous year | -0.6434 % change on previous year | 11.28 % change on previous year | 10 |
| 1990s | 7.34 % change on previous year | -1.8 % change on previous year | 11.38 % change on previous year | 10 |
| 2000s | 5.47 % change on previous year | -0.8412 % change on previous year | 9.88 % change on previous year | 10 |
| 2010s | 5.05 % change on previous year | 1.14 % change on previous year | 15.01 % change on previous year | 10 |
| 2020s | 3.88 % change on previous year | -2.94 % change on previous year | 9.96 % change on previous year | 6 |
Countries ranked near Singapore
- 48 Malaysia 5.05 % change on previous year compare
- 49 Liberia 4.99 % change on previous year compare
- 50 Palestine 4.97 % change on previous year compare
- 52 Costa Rica 4.78 % change on previous year compare
- 53 Kenya 4.77 % change on previous year compare
- 54 Nicaragua 4.74 % change on previous year 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)
- SDRs holdings, US dollar, annual growth rate 5.49 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0108 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1,066 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.451 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0079 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 778.55 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 3.63 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0065 units per US$ of GDP (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant lcu), annual growth in Singapore?
- Gross value added at basic prices (gva) (constant lcu), annual growth in Singapore was 4.96 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant lcu), annual growth recorded in Singapore?
- The highest recorded value was 15.01 % change on previous year in 2010.
- What is the lowest gross value added at basic prices (gva) (constant lcu), annual growth recorded in Singapore?
- The lowest recorded value was -3.46 % change on previous year in 1964.
- How does Singapore rank for gross value added at basic prices (gva) (constant lcu), annual growth?
- Singapore ranks 51st out of 195 countries with data for 2025.
- Is gross value added at basic prices (gva) (constant lcu), annual growth rising or falling in Singapore?
- Over the last ten years it is up 98.0%. 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 value added at basic prices (GVA) (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross value added at basic prices (GVA) (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
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
The year-on-year percentage change in Gross value added at basic prices (GVA) (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.