Gross value added at basic prices (GVA) (current US$), annual growth in Singapore

Singapore: Gross value added at basic prices (GVA) (current US$), annual growth was 5.03 % change on previous year in 2025. ◆ Volatile

Latest (2025)
5.03 % change on previous year
Change on year
down 57.1%
World rank
151st
of 205 countries
All-time high
42.55 % change on previous year
in 1974
All-time low
-13.38 % change on previous year
in 1998
Years of data
65
1961–2025

Gross value added at basic prices (GVA) (current US$), annual growth in Singapore, 1961–2025

-2002040196119932025

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gross value added at basic prices (gva) (current us$), annual growth in Singapore is 5.03 % change on previous year, measured in 2025.

That represents a change of down 57.1% on the previous year and up 304.0% over ten years.

Over the whole period, gross value added at basic prices (gva) (current us$), annual growth in Singapore peaked at 42.55 % change on previous year in 1974 and was at its lowest, -13.38 % change on previous year, in 1998.

Singapore ranks 151st of 205 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) (current US$), annual growth in Singapore, year by year

Annual values for Gross value added at basic prices (GVA) (current US$), annual growth rate in Singapore, 1961 to 2025.
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 +9.6%
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 +21.5%
1972 20.35 % change on previous year +8.9%
1973 36.11 % change on previous year +77.4%
1974 42.55 % change on previous year +17.8%
1975 8 % change on previous year -81.2%
1976 12.28 % change on previous year +53.6%
1977 4.46 % change on previous year -63.7%
1978 13.51 % change on previous year +203.0%
1979 23.55 % change on previous year +74.3%
1980 28.16 % change on previous year +19.6%
1981 19.29 % change on previous year -31.5%
1982 13.58 % change on previous year -29.6%
1983 10.35 % change on previous year -23.8%
1984 11 % change on previous year +6.3%
1985 -3.03 % change on previous year -127.5%
1986 -2.74 % change on previous year -9.3%
1987 12.04 % change on previous year -538.6%
1988 20.67 % change on previous year +71.7%
1989 19.16 % change on previous year -7.3%
1990 19.33 % change on previous year +0.9%
1991 26.21 % change on previous year +35.6%
1992 13.77 % change on previous year -47.5%
1993 15.48 % change on previous year +12.4%
1994 20.29 % change on previous year +31.1%
1995 19.1 % change on previous year -5.9%
1996 10.28 % change on previous year -46.2%
1997 4.03 % change on previous year -60.8%
1998 -13.38 % change on previous year -431.8%
1999 -0.2978 % change on previous year -97.8%
2000 10.39 % change on previous year -3587.8%
2001 -5.7 % change on previous year -154.9%
2002 3.87 % change on previous year -167.9%
2003 5.34 % change on previous year +38.2%
2004 18.28 % change on previous year +242.1%
2005 11.71 % change on previous year -35.9%
2006 16.64 % change on previous year +42.0%
2007 19.82 % change on previous year +19.1%
2008 7.57 % change on previous year -61.8%
2009 0.5486 % change on previous year -92.8%
2010 22.81 % change on previous year +4057.0%
2011 16.25 % change on previous year -28.8%
2012 5.57 % change on previous year -65.7%
2013 4.2 % change on previous year -24.6%
2014 2.7 % change on previous year -35.6%
2015 -2.47 % change on previous year -191.2%
2016 3.84 % change on previous year -255.9%
2017 7.42 % change on previous year +93.0%
2018 10.61 % change on previous year +43.0%
2019 -0.1639 % change on previous year -101.5%
2020 -6.31 % change on previous year +3752.5%
2021 24.89 % change on previous year -494.2%
2022 17.38 % change on previous year -30.2%
2023 -1.21 % change on previous year -107.0%
2024 11.72 % change on previous year -1066.8%
2025 5.03 % change on previous year -57.0%

Averages by decade

DecadeAverage LowestHighest Years
1960s 10.15 % change on previous year -2.95 % change on previous year 16.15 % change on previous year 9
1970s 19.49 % change on previous year 4.46 % change on previous year 42.55 % change on previous year 10
1980s 12.85 % change on previous year -3.03 % change on previous year 28.16 % change on previous year 10
1990s 11.48 % change on previous year -13.38 % change on previous year 26.21 % change on previous year 10
2000s 8.85 % change on previous year -5.7 % change on previous year 19.82 % change on previous year 10
2010s 7.08 % change on previous year -2.47 % change on previous year 22.81 % change on previous year 10
2020s 8.58 % change on previous year -6.31 % change on previous year 24.89 % change on previous year 6

Countries ranked near Singapore

  1. 148 New Caledonia 5.27 % change on previous year compare
  2. 149 India 5.26 % change on previous year compare
  3. 150 Turks and Caicos Islands 5.09 % change on previous year compare
  4. 152 Israel 4.94 % change on previous year compare
  5. 153 Kazakhstan 4.9 % change on previous year compare
  6. 154 El Salvador 4.9 % change on previous year compare

See the full ranking of 244 places →

More economy & growth data for Singapore

All data for Singapore →

Frequently asked questions

What is gross value added at basic prices (gva) (current us$), annual growth in Singapore?
Gross value added at basic prices (gva) (current us$), annual growth in Singapore was 5.03 % change on previous year in 2025, according to Statizoid (derived).
What is the highest gross value added at basic prices (gva) (current us$), annual growth recorded in Singapore?
The highest recorded value was 42.55 % change on previous year in 1974.
What is the lowest gross value added at basic prices (gva) (current us$), annual growth recorded in Singapore?
The lowest recorded value was -13.38 % change on previous year in 1998.
How does Singapore rank for gross value added at basic prices (gva) (current us$), annual growth?
Singapore ranks 151st out of 205 countries with data for 2025.
Is gross value added at basic prices (gva) (current us$), annual growth rising or falling in Singapore?
Over the last ten years it is up 304.0%. 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) (current US$), annual growth rate. Statizoid updates them automatically from the source API.

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Gross value added at basic prices (GVA) (current US$), annual growth in Singapore. Statizoid, drawing on Statizoid (derived). Retrieved 29 August 2026, from https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-current-us-annual-growth-rate/singapore/

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<a href="https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-current-us-annual-growth-rate/singapore/">Gross value added at basic prices (GVA) (current US$), annual growth in Singapore</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Gross value added at basic prices (GVA) (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Gross value added at basic prices (GVA) (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
244 places, 10,675 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Gross value added at basic prices (GVA) (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.