Services, value added in Singapore
Singapore: Services, value added was 4.2% in 2025. ◆ Volatile
Services, value added in Singapore, 1961–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
In 2025, services, value added in Singapore stood at 4.2%.
Compared with earlier readings it is down 26.7% on the previous year and down 0.8% over ten years.
Over the whole period, services, value added in Singapore peaked at 13.2% in 1967 and was at its lowest, -6.4%, in 1964.
That places Singapore 73rd 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 8.2% | -6.4% | 13.2% | 9 |
| 1970s | 9.0% | 5.2% | 12.1% | 10 |
| 1980s | 8.7% | 3.0% | 11.4% | 10 |
| 1990s | 7.3% | -2.8% | 12.5% | 10 |
| 2000s | 5.9% | -0.1% | 9.4% | 10 |
| 2010s | 5.0% | 1.9% | 11.4% | 10 |
| 2020s | 3.6% | -3.9% | 8.2% | 6 |
Countries ranked near Singapore
More economy & growth data for Singapore
- External balance on goods and services as a percent of GDP 35.4% (2025)
- Inflation of consumer prices 0.9% (2025)
- GDP per capita 70,684 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 17.4% (2025)
- Gross domestic product (GDP) 431.96 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 70,684 constant 2015 US$ (2025)
- DEC alternative conversion factor 1.31 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -14.11 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -10.79 billion current US$ (2025)
- Taxes less subsidies on products 45.11 billion current LCU (2025)
Frequently asked questions
- What is services, value added in Singapore?
- Services, value added in Singapore was 4.2% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Singapore?
- The highest recorded value was 13.2% in 1967.
- What is the lowest services, value added recorded in Singapore?
- The lowest recorded value was -6.4% in 1964.
- How does Singapore rank for services, value added?
- Singapore ranks 73rd out of 195 countries with data for 2025.
- Is services, value added rising or falling in Singapore?
- Over the last ten years it is down 0.8%. 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 Services, value added (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.