Value Added Deflator (Manufacturing) — Value Standard Local Currency in Singapore
Singapore: Value Added Deflator (Manufacturing) — Value Standard Local Currency was -8.37 % change on previous year in 2023. ◆ Volatile
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Singapore, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, value added deflator (manufacturing) — value standard local currency in Singapore stood at -8.37 % change on previous year.
That represents a change of down 172.4% on the previous year and down 58.3% over ten years.
Over the whole period, value added deflator (manufacturing) — value standard local currency in Singapore peaked at 22.63 % change on previous year in 1974 and was at its lowest, -11.6 % change on previous year, in 2020.
Singapore ranks 194th of 209 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Singapore, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 6.05 % change on previous year | — |
| 1972 | 10.04 % change on previous year | +66.1% |
| 1973 | 13.78 % change on previous year | +37.2% |
| 1974 | 22.63 % change on previous year | +64.3% |
| 1975 | 6.36 % change on previous year | -71.9% |
| 1976 | 0.7542 % change on previous year | -88.1% |
| 1977 | 2.03 % change on previous year | +169.0% |
| 1978 | 4.02 % change on previous year | +98.3% |
| 1979 | 9.62 % change on previous year | +139.1% |
| 1980 | 16.86 % change on previous year | +75.3% |
| 1981 | 4.24 % change on previous year | -74.9% |
| 1982 | 0.4113 % change on previous year | -90.3% |
| 1983 | 4.9 % change on previous year | +1090.9% |
| 1984 | 1.71 % change on previous year | -65.2% |
| 1985 | -0.7206 % change on previous year | -142.2% |
| 1986 | 3.78 % change on previous year | -625.0% |
| 1987 | 1.03 % change on previous year | -72.9% |
| 1988 | 7.32 % change on previous year | +612.8% |
| 1989 | 1.38 % change on previous year | -81.1% |
| 1990 | 1.29 % change on previous year | -7.2% |
| 1991 | 10.24 % change on previous year | +696.9% |
| 1992 | 1.08 % change on previous year | -89.4% |
| 1993 | 5.68 % change on previous year | +423.4% |
| 1994 | -1.54 % change on previous year | -127.1% |
| 1995 | 2.02 % change on previous year | -231.8% |
| 1996 | 2.53 % change on previous year | +25.1% |
| 1997 | 0.3755 % change on previous year | -85.2% |
| 1998 | -0.4302 % change on previous year | -214.6% |
| 1999 | -9.17 % change on previous year | +2031.0% |
| 2000 | 11.31 % change on previous year | -223.4% |
| 2001 | -0.5954 % change on previous year | -105.3% |
| 2002 | 0.4009 % change on previous year | -167.3% |
| 2003 | -0.2069 % change on previous year | -151.6% |
| 2004 | 9.93 % change on previous year | -4902.5% |
| 2005 | -0.2508 % change on previous year | -102.5% |
| 2006 | -2.63 % change on previous year | +950.5% |
| 2007 | -2.3 % change on previous year | -12.6% |
| 2008 | -9.4 % change on previous year | +308.0% |
| 2009 | 5.92 % change on previous year | -163.0% |
| 2010 | -8.5 % change on previous year | -243.7% |
| 2011 | -6.04 % change on previous year | -29.0% |
| 2012 | 2.13 % change on previous year | -135.3% |
| 2013 | -5.29 % change on previous year | -348.2% |
| 2014 | 3.02 % change on previous year | -157.1% |
| 2015 | 12.43 % change on previous year | +312.1% |
| 2016 | -3.03 % change on previous year | -124.4% |
| 2017 | 3.5 % change on previous year | -215.4% |
| 2018 | 11.86 % change on previous year | +239.0% |
| 2019 | -4.13 % change on previous year | -134.8% |
| 2020 | -11.6 % change on previous year | +181.1% |
| 2021 | 10.32 % change on previous year | -189.0% |
| 2022 | 11.56 % change on previous year | +12.0% |
| 2023 | -8.37 % change on previous year | -172.4% |
Singapore compared with similar countries
- Singapore's -8.37 % change on previous year is below the median for high income countries, which is 4.9 % change on previous year. (68 countries reporting)
- Singapore's -8.37 % change on previous year is below the median for East Asia & Pacific, which is 6.97 % change on previous year. (24 countries reporting)
Biggest year-on-year movements
Years where Value Added Deflator (Manufacturing) — Value Standard Local Currency 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 |
|---|---|---|---|
| 2004 | +4902.5% | -0.2069 % change on previous year | 9.93 % change on previous year |
| 1999 | -2031.0% | -0.4302 % change on previous year | -9.17 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.36 % change on previous year | 0.7542 % change on previous year | 22.63 % change on previous year | 9 |
| 1980s | 4.09 % change on previous year | -0.7206 % change on previous year | 16.86 % change on previous year | 10 |
| 1990s | 1.21 % change on previous year | -9.17 % change on previous year | 10.24 % change on previous year | 10 |
| 2000s | 1.22 % change on previous year | -9.4 % change on previous year | 11.31 % change on previous year | 10 |
| 2010s | 0.5953 % change on previous year | -8.5 % change on previous year | 12.43 % change on previous year | 10 |
| 2020s | 0.4798 % change on previous year | -11.6 % change on previous year | 11.56 % change on previous year | 4 |
Countries ranked near Singapore
- 191 Libya -7.58 % change on previous year compare
- 192 Comoros -7.75 % change on previous year compare
- 193 Congo -8.08 % change on previous year compare
- 195 Azerbaijan -8.56 % change on previous year compare
- 196 Luxembourg -8.62 % change on previous year compare
- 197 Oman -8.7 % 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)
- 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 value added deflator (manufacturing) — value standard local currency in Singapore?
- Value added deflator (manufacturing) — value standard local currency in Singapore was -8.37 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest value added deflator (manufacturing) — value standard local currency recorded in Singapore?
- The highest recorded value was 22.63 % change on previous year in 1974.
- What is the lowest value added deflator (manufacturing) — value standard local currency recorded in Singapore?
- The lowest recorded value was -11.6 % change on previous year in 2020.
- How does Singapore rank for value added deflator (manufacturing) — value standard local currency?
- Singapore ranks 194th out of 209 countries with data for 2023.
- Is value added deflator (manufacturing) — value standard local currency rising or falling in Singapore?
- Over the last ten years it is down 58.3%. 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 Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 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 Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Value Added Deflator (Manufacturing) — Value Standard Local Currency Food and Agriculture Organization of the United Nations
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 Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.