Machinery and transport equipment in Singapore
Singapore: Machinery and transport equipment was 58.8% in 2023. ◆ Volatile
Machinery and transport equipment in Singapore, 1963–2023
Source: International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO). Measured in % of value added in manufacturing.
Analysis
The most recent figure for machinery and transport equipment in Singapore is 58.8%, measured in 2023.
The figure is down 10.0% on the previous year and up 6.1% over ten years.
Over the whole period, machinery and transport equipment in Singapore peaked at 65.3% in 2022 and was at its lowest, 7.8%, in 1965.
That places Singapore 1st out of 149 countries with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Machinery and transport equipment in Singapore, year by year
| Year | % of value added in manufacturing | Change |
|---|---|---|
| 1963 | 9.4% | — |
| 1964 | 8.4% | -11.3% |
| 1965 | 7.8% | -6.9% |
| 1966 | 8.9% | +14.5% |
| 1967 | 9.6% | +7.0% |
| 1968 | 11.8% | +23.5% |
| 1969 | 17.2% | +45.7% |
| 1970 | 16.6% | -3.7% |
| 1971 | 17.1% | +3.2% |
| 1972 | 17.8% | +4.3% |
| 1973 | 17.1% | -4.1% |
| 1974 | 18.9% | +10.7% |
| 1975 | 24.2% | +27.6% |
| 1976 | 21.2% | -12.2% |
| 1977 | 21.1% | -0.6% |
| 1978 | 20.2% | -4.2% |
| 1979 | 20.4% | +1.2% |
| 1980 | 20.5% | +0.1% |
| 1981 | 23.8% | +16.3% |
| 1982 | 21.5% | -9.6% |
| 1983 | 18.3% | -15.1% |
| 1984 | 17.1% | -6.5% |
| 1985 | 17.3% | +1.2% |
| 1986 | 14.8% | -14.3% |
| 1987 | 12.7% | -13.9% |
| 1988 | 12.8% | +0.1% |
| 1989 | 28.9% | +127.0% |
| 1990 | 30.4% | +5.2% |
| 1991 | 48.7% | +60.0% |
| 1992 | 50.9% | +4.6% |
| 1993 | 53.1% | +4.4% |
| 1994 | 54.4% | +2.3% |
| 1995 | 56.7% | +4.3% |
| 1996 | 57.4% | +1.2% |
| 1997 | 56.5% | -1.6% |
| 1998 | 52.1% | -7.7% |
| 1999 | 54.6% | +4.7% |
| 2000 | 56.9% | +4.2% |
| 2001 | 53.1% | -6.6% |
| 2002 | 49.6% | -6.6% |
| 2003 | 47.3% | -4.6% |
| 2004 | 46.2% | -2.3% |
| 2005 | 49.7% | +7.4% |
| 2006 | 47.7% | -3.9% |
| 2007 | 45.4% | -4.9% |
| 2008 | 53.8% | +18.6% |
| 2009 | 53.2% | -1.2% |
| 2010 | 57.6% | +8.3% |
| 2011 | 53.1% | -7.9% |
| 2012 | 51.0% | -3.8% |
| 2013 | 55.5% | +8.7% |
| 2014 | 55.5% | +0.0% |
| 2015 | 50.3% | -9.4% |
| 2016 | 43.5% | -13.5% |
| 2017 | 52.0% | +19.6% |
| 2018 | 59.3% | +14.0% |
| 2019 | 62.5% | +5.4% |
| 2020 | 58.8% | -6.0% |
| 2021 | 61.5% | +4.6% |
| 2022 | 65.3% | +6.3% |
| 2023 | 58.8% | -10.0% |
Singapore compared with similar countries
- Singapore's 58.8% is above the median for high income countries, which is 20.4%, 2.9× the median. (56 countries reporting)
- Singapore's 58.8% is above the median for East Asia & Pacific, which is 22.0%, 2.7× the median. (18 countries reporting)
Biggest year-on-year movements
Years where Machinery and transport equipment 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 |
|---|---|---|---|
| 1989 | +127.0% | 12.8% | 28.9% |
| 1991 | +60.0% | 30.4% | 48.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 10.4% | 7.8% | 17.2% | 7 |
| 1970s | 19.5% | 16.6% | 24.2% | 10 |
| 1980s | 18.8% | 12.7% | 28.9% | 10 |
| 1990s | 51.5% | 30.4% | 57.4% | 10 |
| 2000s | 50.3% | 45.4% | 56.9% | 10 |
| 2010s | 54.0% | 43.5% | 62.5% | 10 |
| 2020s | 61.1% | 58.8% | 65.3% | 4 |
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 machinery and transport equipment in Singapore?
- Machinery and transport equipment in Singapore was 58.8% in 2023, according to International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO).
- What is the highest machinery and transport equipment recorded in Singapore?
- The highest recorded value was 65.3% in 2022.
- What is the lowest machinery and transport equipment recorded in Singapore?
- The lowest recorded value was 7.8% in 1965.
- How does Singapore rank for machinery and transport equipment?
- Singapore ranks 1st out of 149 countries with data for 2023.
- Is machinery and transport equipment rising or falling in Singapore?
- Over the last ten years it is up 6.1%. The long-run trend across the full record is volatile.
- Where does this Singapore data come from?
- The figures come from International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO), published as part of Machinery and transport equipment (% of value added in manufacturing). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 61 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Machinery and transport equipment manufacturing includes industries classified in ISIC (Rev. 3) divisions 29-35. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of value added in manufacturing which is the contribution to the economy by the manufacturing sector (ISIC Rev. 3 major division D).