Services, value added (current US$), annual growth rate in Singapore

Singapore: Services, value added (current US$), annual growth rate was 3.17 % change on previous year in 2025. ◆ Volatile

Latest (2025)
3.17 % change on previous year
Change on year
down 75.0%
World rank
175th
of 204 countries
All-time high
42.36 % change on previous year
in 1974
All-time low
-14.25 % change on previous year
in 1998
Years of data
65
1961–2025

Services, value added (current US$), annual growth rate in Singapore, 1961–2025

-2002040196119932025

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

Analysis

The most recent figure for services, value added (current us$), annual growth rate in Singapore is 3.17 % change on previous year, measured in 2025.

The figure is down 75.0% on the previous year and up 216.0% over ten years.

Over the whole period, services, value added (current us$), annual growth rate in Singapore peaked at 42.36 % change on previous year in 1974 and was at its lowest, -14.25 % change on previous year, in 1998.

That places Singapore 175th out of 204 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.

Services, value added (current US$), annual growth rate in Singapore, year by year

Annual values for Services, value added (current US$), annual growth rate in Singapore, 1961 to 2025.
Year % change on previous year Change
1961 8.55 % change on previous year
1962 7.07 % change on previous year -17.3%
1963 10.41 % change on previous year +47.2%
1964 -6.45 % change on previous year -162.0%
1965 7 % change on previous year -208.4%
1966 11.94 % change on previous year +70.7%
1967 13.08 % change on previous year +9.6%
1968 13.71 % change on previous year +4.8%
1969 15.08 % change on previous year +10.0%
1970 11.79 % change on previous year -21.8%
1971 16.21 % change on previous year +37.5%
1972 16.55 % change on previous year +2.1%
1973 36.87 % change on previous year +122.7%
1974 42.36 % change on previous year +14.9%
1975 7.83 % change on previous year -81.5%
1976 11.11 % change on previous year +41.8%
1977 4.84 % change on previous year -56.4%
1978 14.69 % change on previous year +203.3%
1979 20.43 % change on previous year +39.0%
1980 24.62 % change on previous year +20.5%
1981 20.36 % change on previous year -17.3%
1982 15.93 % change on previous year -21.8%
1983 8.55 % change on previous year -46.3%
1984 9.84 % change on previous year +15.1%
1985 2.02 % change on previous year -79.5%
1986 -3.78 % change on previous year -287.0%
1987 12.98 % change on previous year -443.4%
1988 18.75 % change on previous year +44.4%
1989 21.63 % change on previous year +15.4%
1990 22.16 % change on previous year +2.5%
1991 23.11 % change on previous year +4.3%
1992 14.01 % change on previous year -39.4%
1993 15.41 % change on previous year +10.0%
1994 21.25 % change on previous year +37.9%
1995 18.75 % change on previous year -11.7%
1996 10.48 % change on previous year -44.1%
1997 4.9 % change on previous year -53.2%
1998 -14.25 % change on previous year -390.7%
1999 1.21 % change on previous year -108.5%
2000 7.1 % change on previous year +487.5%
2001 -2.03 % change on previous year -128.5%
2002 3.68 % change on previous year -281.5%
2003 6.13 % change on previous year +66.8%
2004 15.47 % change on previous year +152.2%
2005 12.87 % change on previous year -16.8%
2006 17.75 % change on previous year +37.9%
2007 23.92 % change on previous year +34.8%
2008 10.74 % change on previous year -55.1%
2009 -0.2259 % change on previous year -102.1%
2010 23.22 % change on previous year -10377.4%
2011 18.52 % change on previous year -20.3%
2012 5.92 % change on previous year -68.0%
2013 6.57 % change on previous year +11.0%
2014 1.77 % change on previous year -73.1%
2015 -2.73 % change on previous year -254.5%
2016 5.5 % change on previous year -301.5%
2017 6.94 % change on previous year +26.2%
2018 8.07 % change on previous year +16.4%
2019 1.75 % change on previous year -78.3%
2020 -5.19 % change on previous year -396.1%
2021 22.35 % change on previous year -530.8%
2022 18.84 % change on previous year -15.7%
2023 0.9377 % change on previous year -95.0%
2024 12.67 % change on previous year +1251.7%
2025 3.17 % change on previous year -75.0%

Averages by decade

DecadeAverage LowestHighest Years
1960s 8.93 % change on previous year -6.45 % change on previous year 15.08 % change on previous year 9
1970s 18.27 % change on previous year 4.84 % change on previous year 42.36 % change on previous year 10
1980s 13.09 % change on previous year -3.78 % change on previous year 24.62 % change on previous year 10
1990s 11.7 % change on previous year -14.25 % change on previous year 23.11 % change on previous year 10
2000s 9.54 % change on previous year -2.03 % change on previous year 23.92 % change on previous year 10
2010s 7.55 % change on previous year -2.73 % change on previous year 23.22 % change on previous year 10
2020s 8.8 % change on previous year -5.19 % change on previous year 22.35 % change on previous year 6

Countries ranked near Singapore

  1. 172 Grenada 3.53 % change on previous year compare
  2. 173 New Caledonia 3.44 % change on previous year compare
  3. 174 Qatar 3.32 % change on previous year compare
  4. 176 Dominican Republic 3.01 % change on previous year compare
  5. 177 Jamaica 2.94 % change on previous year compare
  6. 178 El Salvador 2.89 % change on previous year compare

See the full ranking of 252 places →

More economy & growth data for Singapore

All data for Singapore →

Frequently asked questions

What is services, value added (current us$), annual growth rate in Singapore?
Services, value added (current us$), annual growth rate in Singapore was 3.17 % change on previous year in 2025, according to Statizoid (derived).
What is the highest services, value added (current us$), annual growth rate recorded in Singapore?
The highest recorded value was 42.36 % change on previous year in 1974.
What is the lowest services, value added (current us$), annual growth rate recorded in Singapore?
The lowest recorded value was -14.25 % change on previous year in 1998.
How does Singapore rank for services, value added (current us$), annual growth rate?
Singapore ranks 175th out of 204 countries with data for 2025.
Is services, value added (current us$), annual growth rate rising or falling in Singapore?
Over the last ten years it is up 216.0%. 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 Services, value added (current US$), annual growth rate. Statizoid updates them automatically from the source API.

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Services, value added (current US$), annual growth rate in Singapore. Statizoid, drawing on Statizoid (derived). Retrieved 31 August 2026, from https://economy.statizoid.com/stat/services-value-added-current-us-annual-growth-rate/singapore/

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How this figure is calculated

The year-on-year percentage change in Services, value added (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
Services, value added (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
252 places, 10,451 data points, 1961–2025
Last refreshed

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