Value Added (Total Manufacturing) — Share of GDP US$ in Singapore

Singapore: Value Added (Total Manufacturing) — Share of GDP US$ was 17.65 % in 2023. ▼ Falling

Latest (2023)
17.65 %
Change on year
down 10.5%
World rank
36th
of 203 countries
All-time high
27.12 %
in 2004
All-time low
17.45 %
in 1970
Years of data
54
1970–2023

Value Added (Total Manufacturing) — Share of GDP US$ in Singapore, 1970–2023

0102030197019962023

Source: Food and Agriculture Organization of the United Nations. Measured in %.

Analysis

Singapore recorded 17.65 % for value added (total manufacturing) — share of gdp us$ in 2023.

That represents a change of down 10.5% on the previous year and up 0.1% over ten years.

Over the whole period, value added (total manufacturing) — share of gdp us$ in Singapore peaked at 27.12 % in 2004 and was at its lowest, 17.45 %, in 1970.

That places Singapore 36th out of 203 countries with data for 2023, putting it in the top quarter.

The long-run direction has been consistently falling across the 54 years of available data.

Value Added (Total Manufacturing) — Share of GDP US$ in Singapore, year by year

Annual values for Value Added (Total Manufacturing) — Share of GDP US$ in Singapore, 1970 to 2023.
Year % Change
1970 17.45 %
1971 18.6 % +6.5%
1972 20.17 % +8.4%
1973 21.3 % +5.6%
1974 22 % +3.3%
1975 21.44 % -2.6%
1976 22.08 % +3.0%
1977 22.6 % +2.3%
1978 23.34 % +3.3%
1979 25.25 % +8.2%
1980 26.53 % +5.1%
1981 25.76 % -2.9%
1982 22.29 % -13.5%
1983 21.46 % -3.7%
1984 21.4 % -0.3%
1985 20.12 % -6.0%
1986 22.61 % +12.4%
1987 24.09 % +6.5%
1988 26.08 % +8.3%
1989 25.3 % -3.0%
1990 24.4 % -3.5%
1991 25.46 % +4.3%
1992 24.35 % -4.4%
1993 24.47 % +0.5%
1994 23.62 % -3.5%
1995 23.99 % +1.5%
1996 23.17 % -3.4%
1997 22.15 % -4.4%
1998 22.69 % +2.4%
1999 22.85 % +0.7%
2000 25.86 % +13.2%
2001 23.39 % -9.5%
2002 24.74 % +5.7%
2003 24.77 % +0.1%
2004 27.12 % +9.5%
2005 27.08 % -0.2%
2006 26.58 % -1.8%
2007 23.82 % -10.4%
2008 20.59 % -13.6%
2009 20.27 % -1.5%
2010 20.77 % +2.5%
2011 19.58 % -5.7%
2012 19.12 % -2.4%
2013 17.64 % -7.7%
2014 18 % +2.0%
2015 18.09 % +0.5%
2016 17.47 % -3.4%
2017 18.57 % +6.3%
2018 20.73 % +11.6%
2019 19.36 % -6.6%
2020 19.63 % +1.4%
2021 20.28 % +3.3%
2022 19.72 % -2.8%
2023 17.65 % -10.5%

Averages by decade

DecadeAverage LowestHighest Years
1970s 21.42 % 17.45 % 25.25 % 10
1980s 23.56 % 20.12 % 26.53 % 10
1990s 23.72 % 22.15 % 25.46 % 10
2000s 24.42 % 20.27 % 27.12 % 10
2010s 18.93 % 17.47 % 20.77 % 10
2020s 19.32 % 17.65 % 20.28 % 4

Countries ranked near Singapore

  1. 33 Central African Republic 17.95 % compare
  2. 34 Sri Lanka 17.92 % compare
  3. 35 Switzerland 17.84 % compare
  4. 37 Jordan 17.34 % compare
  5. 38 Hungary 17.23 % compare
  6. 39 Poland 16.76 % compare

See the full ranking of 252 places →

More economy & growth data for Singapore

All data for Singapore →

Frequently asked questions

What is value added (total manufacturing) — share of gdp us$ in Singapore?
Value added (total manufacturing) — share of gdp us$ in Singapore was 17.65 % in 2023, according to Food and Agriculture Organization of the United Nations.
What is the highest value added (total manufacturing) — share of gdp us$ recorded in Singapore?
The highest recorded value was 27.12 % in 2004.
What is the lowest value added (total manufacturing) — share of gdp us$ recorded in Singapore?
The lowest recorded value was 17.45 % in 1970.
How does Singapore rank for value added (total manufacturing) — share of gdp us$?
Singapore ranks 36th out of 203 countries with data for 2023.
Is value added (total manufacturing) — share of gdp us$ rising or falling in Singapore?
Over the last ten years it is up 0.1%. The long-run trend across the full record is falling.
Where does this Singapore data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) — Share of GDP US$. Statizoid updates them automatically from the source API.

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Value Added (Total Manufacturing) — Share of GDP US$ in Singapore. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 01 September 2026, from https://economy.statizoid.com/stat/value-added-total-manufacturing-share-of-gdp-us/singapore/

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About this data

Indicator
Value Added (Total Manufacturing) — Share of GDP US$
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
252 places, 12,511 data points, 1970–2023
Last refreshed

The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).