Gross value added at basic prices (GVA) (current LCU), annual growth in Singapore
Singapore: Gross value added at basic prices (GVA) (current LCU), annual growth was 2.77 % change on previous year in 2025. ◆ Volatile
Latest (2025)
2.77 % change on previous year
Change on year
down 75.2%
World rank
175th
of 205 countries
All-time high
25.48 % change on previous year
in 1973
All-time low
-5.24 % change on previous year
in 2020
Years of data
65
1961–2025
Gross value added at basic prices (GVA) (current 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) (current lcu), annual growth in Singapore stood at 2.77 % change on previous year.
The figure is down 75.2% on the previous year and down 52.5% over ten years.
Over the whole period, gross value added at basic prices (gva) (current lcu), annual growth in Singapore peaked at 25.48 % change on previous year in 1973 and was at its lowest, -5.24 % change on previous year, in 2020.
That places Singapore 175th out of 205 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (current LCU), annual growth in Singapore, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 8.9 % change on previous year | — |
| 1962 | 8.2 % change on previous year | -7.8% |
| 1963 | 11.54 % change on previous year | +40.7% |
| 1964 | -2.95 % change on previous year | -125.5% |
| 1965 | 8.25 % change on previous year | -379.9% |
| 1966 | 12.43 % change on previous year | +50.7% |
| 1967 | 13.63 % change on previous year | +9.7% |
| 1968 | 15.21 % change on previous year | +11.6% |
| 1969 | 16.15 % change on previous year | +6.2% |
| 1970 | 15.39 % change on previous year | -4.8% |
| 1971 | 18.69 % change on previous year | +21.4% |
| 1972 | 19.94 % change on previous year | +6.7% |
| 1973 | 25.48 % change on previous year | +27.8% |
| 1974 | 24.55 % change on previous year | -3.7% |
| 1975 | 7.1 % change on previous year | -71.1% |
| 1976 | 9.26 % change on previous year | +30.5% |
| 1977 | 8.84 % change on previous year | -4.5% |
| 1978 | 12.07 % change on previous year | +36.5% |
| 1979 | 15.17 % change on previous year | +25.7% |
| 1980 | 22.56 % change on previous year | +48.7% |
| 1981 | 17.46 % change on previous year | -22.6% |
| 1982 | 12.07 % change on previous year | -30.9% |
| 1983 | 11.77 % change on previous year | -2.5% |
| 1984 | 9.6 % change on previous year | -18.5% |
| 1985 | -2.1 % change on previous year | -121.9% |
| 1986 | 0.31 % change on previous year | -114.7% |
| 1987 | 10.88 % change on previous year | +3410.3% |
| 1988 | 16.71 % change on previous year | +53.6% |
| 1989 | 13.86 % change on previous year | -17.1% |
| 1990 | 15.65 % change on previous year | +12.9% |
| 1991 | 11.79 % change on previous year | -24.6% |
| 1992 | 7.28 % change on previous year | -38.2% |
| 1993 | 14.55 % change on previous year | +99.7% |
| 1994 | 13.71 % change on previous year | -5.7% |
| 1995 | 10.51 % change on previous year | -23.3% |
| 1996 | 9.71 % change on previous year | -7.7% |
| 1997 | 9.55 % change on previous year | -1.6% |
| 1998 | -2.37 % change on previous year | -124.8% |
| 1999 | 0.9744 % change on previous year | -141.1% |
| 2000 | 12.27 % change on previous year | +1159.6% |
| 2001 | -1.99 % change on previous year | -116.2% |
| 2002 | 3.8 % change on previous year | -290.9% |
| 2003 | 2.5 % change on previous year | -34.3% |
| 2004 | 14.75 % change on previous year | +491.2% |
| 2005 | 10.01 % change on previous year | -32.2% |
| 2006 | 11.35 % change on previous year | +13.4% |
| 2007 | 13.65 % change on previous year | +20.3% |
| 2008 | 0.9845 % change on previous year | -92.8% |
| 2009 | 3.37 % change on previous year | +241.9% |
| 2010 | 15.12 % change on previous year | +349.2% |
| 2011 | 7.23 % change on previous year | -52.2% |
| 2012 | 4.89 % change on previous year | -32.3% |
| 2013 | 4.34 % change on previous year | -11.3% |
| 2014 | 4 % change on previous year | -7.9% |
| 2015 | 5.83 % change on previous year | +45.8% |
| 2016 | 4.35 % change on previous year | -25.3% |
| 2017 | 7.37 % change on previous year | +69.3% |
| 2018 | 8.04 % change on previous year | +9.1% |
| 2019 | 0.9697 % change on previous year | -87.9% |
| 2020 | -5.24 % change on previous year | -640.6% |
| 2021 | 21.6 % change on previous year | -512.1% |
| 2022 | 20.45 % change on previous year | -5.3% |
| 2023 | -3.78 % change on previous year | -118.5% |
| 2024 | 11.17 % change on previous year | -395.3% |
| 2025 | 2.77 % change on previous year | -75.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 10.15 % change on previous year | -2.95 % change on previous year | 16.15 % change on previous year | 9 |
| 1970s | 15.65 % change on previous year | 7.1 % change on previous year | 25.48 % change on previous year | 10 |
| 1980s | 11.31 % change on previous year | -2.1 % change on previous year | 22.56 % change on previous year | 10 |
| 1990s | 9.14 % change on previous year | -2.37 % change on previous year | 15.65 % change on previous year | 10 |
| 2000s | 7.07 % change on previous year | -1.99 % change on previous year | 14.75 % change on previous year | 10 |
| 2010s | 6.21 % change on previous year | 0.9697 % change on previous year | 15.12 % change on previous year | 10 |
| 2020s | 7.83 % change on previous year | -5.24 % change on previous year | 21.6 % change on previous year | 6 |
Countries ranked near Singapore
- 172 Japan 2.85 % change on previous year compare
- 173 Botswana 2.8 % change on previous year compare
- 174 Sweden 2.79 % change on previous year compare
- 176 Greenland 2.66 % change on previous year compare
- 177 Tuvalu 2.64 % change on previous year compare
- 178 Puerto Rico 2.6 % 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)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 1.23 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 121,813 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 4.96 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.6782 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 67,011 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 4.96 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.9323 constant LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant LCU), per capita 92,128 constant LCU per person (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (current lcu), annual growth in Singapore?
- Gross value added at basic prices (gva) (current lcu), annual growth in Singapore was 2.77 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current lcu), annual growth recorded in Singapore?
- The highest recorded value was 25.48 % change on previous year in 1973.
- What is the lowest gross value added at basic prices (gva) (current lcu), annual growth recorded in Singapore?
- The lowest recorded value was -5.24 % change on previous year in 2020.
- How does Singapore rank for gross value added at basic prices (gva) (current lcu), annual growth?
- Singapore ranks 175th out of 205 countries with data for 2025.
- Is gross value added at basic prices (gva) (current lcu), annual growth rising or falling in Singapore?
- Over the last ten years it is down 52.5%. 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) (current 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) (current 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 Organizations and/or Central Banks
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) (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.