Gross value added at basic prices (GVA) (constant LCU) in Singapore
Singapore: Gross value added at basic prices (GVA) (constant LCU) was 563.01 billion constant LCU in 2025. ◆ Volatile
Latest (2025)
563.01 billion constant LCU
Change on year
up 5.0%
World rank
96th
of 198 countries
All-time high
563.01 billion constant LCU
in 2025
All-time low
7.32 billion constant LCU
in 1960
Years of data
66
1960–2025
Gross value added at basic prices (GVA) in Singapore, 1960–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
The most recent figure for gross value added at basic prices (gva) in Singapore is 563.01 billion constant LCU, measured in 2025. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 5.0% on the previous year and up 41.0% over ten years.
Over the whole period, gross value added at basic prices (gva) in Singapore peaked at 563.01 billion constant LCU in 2025 and was at its lowest, 7.32 billion constant LCU, in 1960.
Singapore ranks 96th of 198 countries on this measure, 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 LCU) in Singapore, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1960 | 7.32 billion constant LCU | — |
| 1961 | 7.94 billion constant LCU | +8.6% |
| 1962 | 8.55 billion constant LCU | +7.7% |
| 1963 | 9.45 billion constant LCU | +10.5% |
| 1964 | 9.13 billion constant LCU | -3.5% |
| 1965 | 9.78 billion constant LCU | +7.1% |
| 1966 | 10.76 billion constant LCU | +10.0% |
| 1967 | 12.18 billion constant LCU | +13.3% |
| 1968 | 13.92 billion constant LCU | +14.2% |
| 1969 | 15.82 billion constant LCU | +13.7% |
| 1970 | 17.99 billion constant LCU | +13.7% |
| 1971 | 20.33 billion constant LCU | +13.0% |
| 1972 | 23.02 billion constant LCU | +13.2% |
| 1973 | 25.47 billion constant LCU | +10.7% |
| 1974 | 27.18 billion constant LCU | +6.7% |
| 1975 | 28.31 billion constant LCU | +4.2% |
| 1976 | 30.46 billion constant LCU | +7.6% |
| 1977 | 32.53 billion constant LCU | +6.8% |
| 1978 | 35.07 billion constant LCU | +7.8% |
| 1979 | 38.38 billion constant LCU | +9.4% |
| 1980 | 42.25 billion constant LCU | +10.1% |
| 1981 | 46.89 billion constant LCU | +11.0% |
| 1982 | 50.22 billion constant LCU | +7.1% |
| 1983 | 54.54 billion constant LCU | +8.6% |
| 1984 | 59.41 billion constant LCU | +8.9% |
| 1985 | 59.03 billion constant LCU | -0.6% |
| 1986 | 59.83 billion constant LCU | +1.4% |
| 1987 | 66.23 billion constant LCU | +10.7% |
| 1988 | 73.70 billion constant LCU | +11.3% |
| 1989 | 80.92 billion constant LCU | +9.8% |
| 1990 | 88.98 billion constant LCU | +10.0% |
| 1991 | 95.23 billion constant LCU | +7.0% |
| 1992 | 101.45 billion constant LCU | +6.5% |
| 1993 | 112.99 billion constant LCU | +11.4% |
| 1994 | 125.83 billion constant LCU | +11.4% |
| 1995 | 135.00 billion constant LCU | +7.3% |
| 1996 | 145.37 billion constant LCU | +7.7% |
| 1997 | 157.56 billion constant LCU | +8.4% |
| 1998 | 154.73 billion constant LCU | -1.8% |
| 1999 | 163.38 billion constant LCU | +5.6% |
| 2000 | 178.08 billion constant LCU | +9.0% |
| 2001 | 176.59 billion constant LCU | -0.8% |
| 2002 | 183.80 billion constant LCU | +4.1% |
| 2003 | 192.09 billion constant LCU | +4.5% |
| 2004 | 211.06 billion constant LCU | +9.9% |
| 2005 | 226.88 billion constant LCU | +7.5% |
| 2006 | 247.43 billion constant LCU | +9.1% |
| 2007 | 268.68 billion constant LCU | +8.6% |
| 2008 | 276.47 billion constant LCU | +2.9% |
| 2009 | 276.63 billion constant LCU | +0.1% |
| 2010 | 318.15 billion constant LCU | +15.0% |
| 2011 | 339.48 billion constant LCU | +6.7% |
| 2012 | 354.80 billion constant LCU | +4.5% |
| 2013 | 373.82 billion constant LCU | +5.4% |
| 2014 | 389.42 billion constant LCU | +4.2% |
| 2015 | 399.19 billion constant LCU | +2.5% |
| 2016 | 412.49 billion constant LCU | +3.3% |
| 2017 | 429.94 billion constant LCU | +4.2% |
| 2018 | 445.05 billion constant LCU | +3.5% |
| 2019 | 450.11 billion constant LCU | +1.1% |
| 2020 | 436.87 billion constant LCU | -2.9% |
| 2021 | 480.40 billion constant LCU | +10.0% |
| 2022 | 502.03 billion constant LCU | +4.5% |
| 2023 | 509.28 billion constant LCU | +1.4% |
| 2024 | 536.38 billion constant LCU | +5.3% |
| 2025 | 563.01 billion constant LCU | +5.0% |
Singapore compared with similar countries
- Singapore's 563.01 billion constant LCU is above the median for high income countries, which is 270.55 billion constant LCU, 2.1× the median. (70 countries reporting)
- Singapore's 563.01 billion constant LCU is above the median for East Asia & Pacific, which is 473.15 billion constant LCU, 1.2× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 10.48 billion constant LCU | 7.32 billion constant LCU | 15.82 billion constant LCU | 10 |
| 1970s | 27.87 billion constant LCU | 17.99 billion constant LCU | 38.38 billion constant LCU | 10 |
| 1980s | 59.30 billion constant LCU | 42.25 billion constant LCU | 80.92 billion constant LCU | 10 |
| 1990s | 128.05 billion constant LCU | 88.98 billion constant LCU | 163.38 billion constant LCU | 10 |
| 2000s | 223.77 billion constant LCU | 176.59 billion constant LCU | 276.63 billion constant LCU | 10 |
| 2010s | 391.25 billion constant LCU | 318.15 billion constant LCU | 450.11 billion constant LCU | 10 |
| 2020s | 504.66 billion constant LCU | 436.87 billion constant LCU | 563.01 billion constant LCU | 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)
- 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) in Singapore?
- Gross value added at basic prices (gva) in Singapore was 563.01 billion constant LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Singapore?
- The highest recorded value was 563.01 billion constant LCU in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Singapore?
- The lowest recorded value was 7.32 billion constant LCU in 1960.
- How does Singapore rank for gross value added at basic prices (gva)?
- Singapore ranks 96th out of 198 countries with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in Singapore?
- Over the last ten years it is up 41.0%. 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 value added at basic prices (GVA) (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. 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 varies by country. This series is expressed in local currency units.