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
Services, value added (current US$), annual growth rate in Singapore, 1961–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for services, value added (current us$), 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
| 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% |
Singapore compared with similar countries
- Singapore's 3.17 % change on previous year is below the median for high income countries, which is 8.04 % change on previous year, 39% of the median. (77 countries reporting)
- Singapore's 3.17 % change on previous year is below the median for East Asia & Pacific, which is 6.62 % change on previous year, 48% of the median. (31 countries reporting)
Biggest year-on-year movements
Years where Services, value added (current US$), annual growth rate 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 |
|---|---|---|---|
| 2010 | +10377.4% | -0.2259 % change on previous year | 23.22 % change on previous year |
| 2024 | +1251.7% | 0.9377 % change on previous year | 12.67 % change on previous year |
| 2021 | +530.8% | -5.19 % change on previous year | 22.35 % change on previous year |
| 2000 | +487.5% | 1.21 % change on previous year | 7.1 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | 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
- 172 Grenada 3.53 % change on previous year compare
- 173 New Caledonia 3.44 % change on previous year compare
- 174 Qatar 3.32 % change on previous year compare
- 176 Dominican Republic 3.01 % change on previous year compare
- 177 Jamaica 2.94 % change on previous year compare
- 178 El Salvador 2.89 % 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)
- SDRs holdings, US dollar, annual growth rate 5.49 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0108 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1,066 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.451 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0079 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 778.55 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 3.63 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0065 units per US$ of GDP (2025)
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$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Services, value added (current US$). 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 (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.