Services, value added (constant LCU), annual growth rate in Singapore
Singapore: Services, value added (constant LCU), annual growth rate was 4.2 % change on previous year in 2025. ◆ Volatile
Latest (2025)
4.2 % change on previous year
Change on year
down 26.7%
World rank
73rd
of 196 countries
All-time high
13.21 % change on previous year
in 1967
All-time low
-6.45 % change on previous year
in 1964
Years of data
65
1961–2025
Services, value added (constant LCU), annual growth rate in Singapore, 1961–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Singapore recorded 4.2 % change on previous year for services, value added (constant lcu), annual growth rate in 2025.
That represents a change of down 26.7% on the previous year and down 0.8% over ten years.
Over the whole period, services, value added (constant lcu), annual growth rate in Singapore peaked at 13.21 % change on previous year in 1967 and was at its lowest, -6.45 % change on previous year, in 1964.
That places Singapore 73rd out of 196 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.
Services, value added (constant LCU), annual growth rate in Singapore, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 8.45 % change on previous year | — |
| 1962 | 7.21 % change on previous year | -14.7% |
| 1963 | 9.84 % change on previous year | +36.4% |
| 1964 | -6.45 % change on previous year | -165.6% |
| 1965 | 6.34 % change on previous year | -198.3% |
| 1966 | 9.48 % change on previous year | +49.5% |
| 1967 | 13.21 % change on previous year | +39.3% |
| 1968 | 12.96 % change on previous year | -1.9% |
| 1969 | 12.37 % change on previous year | -4.6% |
| 1970 | 11.48 % change on previous year | -7.2% |
| 1971 | 11.56 % change on previous year | +0.7% |
| 1972 | 11.6 % change on previous year | +0.4% |
| 1973 | 12.12 % change on previous year | +4.5% |
| 1974 | 8.34 % change on previous year | -31.2% |
| 1975 | 5.23 % change on previous year | -37.3% |
| 1976 | 5.17 % change on previous year | -1.1% |
| 1977 | 7.16 % change on previous year | +38.5% |
| 1978 | 8.54 % change on previous year | +19.3% |
| 1979 | 8.32 % change on previous year | -2.6% |
| 1980 | 10.42 % change on previous year | +25.3% |
| 1981 | 11.38 % change on previous year | +9.2% |
| 1982 | 8.37 % change on previous year | -26.5% |
| 1983 | 7.61 % change on previous year | -9.1% |
| 1984 | 8.53 % change on previous year | +12.1% |
| 1985 | 4.93 % change on previous year | -42.3% |
| 1986 | 3.04 % change on previous year | -38.4% |
| 1987 | 11.3 % change on previous year | +272.2% |
| 1988 | 10.56 % change on previous year | -6.5% |
| 1989 | 10.79 % change on previous year | +2.1% |
| 1990 | 10.49 % change on previous year | -2.8% |
| 1991 | 6.95 % change on previous year | -33.8% |
| 1992 | 7.38 % change on previous year | +6.3% |
| 1993 | 12.47 % change on previous year | +68.8% |
| 1994 | 9.85 % change on previous year | -21.0% |
| 1995 | 6.21 % change on previous year | -37.0% |
| 1996 | 8.37 % change on previous year | +34.8% |
| 1997 | 9.39 % change on previous year | +12.3% |
| 1998 | -2.81 % change on previous year | -129.9% |
| 1999 | 4.9 % change on previous year | -274.6% |
| 2000 | 7.99 % change on previous year | +63.2% |
| 2001 | 3.47 % change on previous year | -56.6% |
| 2002 | 3.75 % change on previous year | +8.0% |
| 2003 | 5.92 % change on previous year | +57.9% |
| 2004 | 9.37 % change on previous year | +58.1% |
| 2005 | 7.11 % change on previous year | -24.1% |
| 2006 | 7.95 % change on previous year | +11.9% |
| 2007 | 9.28 % change on previous year | +16.7% |
| 2008 | 4.48 % change on previous year | -51.8% |
| 2009 | -0.1273 % change on previous year | -102.8% |
| 2010 | 11.42 % change on previous year | -9068.3% |
| 2011 | 6.68 % change on previous year | -41.5% |
| 2012 | 5.37 % change on previous year | -19.6% |
| 2013 | 6.64 % change on previous year | +23.6% |
| 2014 | 4.3 % change on previous year | -35.3% |
| 2015 | 4.23 % change on previous year | -1.5% |
| 2016 | 3.58 % change on previous year | -15.5% |
| 2017 | 3.39 % change on previous year | -5.1% |
| 2018 | 2.83 % change on previous year | -16.6% |
| 2019 | 1.94 % change on previous year | -31.5% |
| 2020 | -3.89 % change on previous year | -300.6% |
| 2021 | 8.18 % change on previous year | -310.5% |
| 2022 | 4.72 % change on previous year | -42.3% |
| 2023 | 2.57 % change on previous year | -45.5% |
| 2024 | 5.73 % change on previous year | +122.7% |
| 2025 | 4.2 % change on previous year | -26.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 8.16 % change on previous year | -6.45 % change on previous year | 13.21 % change on previous year | 9 |
| 1970s | 8.95 % change on previous year | 5.17 % change on previous year | 12.12 % change on previous year | 10 |
| 1980s | 8.69 % change on previous year | 3.04 % change on previous year | 11.38 % change on previous year | 10 |
| 1990s | 7.32 % change on previous year | -2.81 % change on previous year | 12.47 % change on previous year | 10 |
| 2000s | 5.92 % change on previous year | -0.1273 % change on previous year | 9.37 % change on previous year | 10 |
| 2010s | 5.04 % change on previous year | 1.94 % change on previous year | 11.42 % change on previous year | 10 |
| 2020s | 3.59 % change on previous year | -3.89 % change on previous year | 8.18 % change on previous year | 6 |
Countries ranked near Singapore
- 70 Bangladesh 4.35 % change on previous year compare
- 71 Bahrain 4.34 % change on previous year compare
- 72 Namibia 4.24 % change on previous year compare
- 74 Costa Rica 4.16 % change on previous year compare
- 75 Nigeria 4.14 % change on previous year compare
- 76 Andorra 4.14 % 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)
- Manufacturing, value added (current US$), per unit of GDP 0.1743 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 17,223 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 0.2279 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 22,518 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.1506 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 14,884 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 20,462 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 11.41 % change on previous year (2025)
Frequently asked questions
- What is services, value added (constant lcu), annual growth rate in Singapore?
- Services, value added (constant lcu), annual growth rate in Singapore was 4.2 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest services, value added (constant lcu), annual growth rate recorded in Singapore?
- The highest recorded value was 13.21 % change on previous year in 1967.
- What is the lowest services, value added (constant lcu), annual growth rate recorded in Singapore?
- The lowest recorded value was -6.45 % change on previous year in 1964.
- How does Singapore rank for services, value added (constant lcu), annual growth rate?
- Singapore ranks 73rd out of 196 countries with data for 2025.
- Is services, value added (constant lcu), annual growth rate 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 Statizoid (derived), published as part of Services, value added (constant 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 Services, value added (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
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 Services, value added (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.