Value Added (Total Manufacturing) — Value Standard Local Currency in Singapore

Singapore: Value Added (Total Manufacturing) — Value Standard Local Currency was 118,833 million SLC in 2023. ◆ Volatile

Latest (2023)
118,833 million SLC
Change on year
down 12.3%
World rank
92nd
of 199 countries
All-time high
135,544 million SLC
in 2022
All-time low
1,026 million SLC
in 1970
Years of data
54
1970–2023

Value Added (Total Manufacturing) — Value Standard Local Currency in Singapore, 1970–2023

050.0k100.0k150.0k197019962023

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

Analysis

The most recent figure for value added (total manufacturing) — value standard local currency in Singapore is 118,833 million SLC, measured in 2023.

Compared with earlier readings it is down 12.3% on the previous year and up 75.0% over ten years.

Over the whole period, value added (total manufacturing) — value standard local currency in Singapore peaked at 135,544 million SLC in 2022 and was at its lowest, 1,026 million SLC, in 1970.

Singapore ranks 92nd of 199 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 2,860 million SLC 1,026 million SLC 5,338 million SLC 10
1980s 9,724 million SLC 6,862 million SLC 15,512 million SLC 10
1990s 26,864 million SLC 17,203 million SLC 33,420 million SLC 10
2000s 51,530 million SLC 37,639 million SLC 64,964 million SLC 10
2010s 79,350 million SLC 67,885 million SLC 105,377 million SLC 10
2020s 116,830 million SLC 94,643 million SLC 135,544 million SLC 4

Countries ranked near Singapore

  1. 89 Albania 136,439 million SLC compare
  2. 90 Honduras 129,683 million SLC compare
  3. 91 Peru 127,078 million SLC compare
  4. 93 Netherlands (Kingdom of the) 115,740 million SLC compare
  5. 94 Guatemala 114,444 million SLC compare
  6. 95 New Caledonia 105,843 million SLC compare

See the full ranking of 218 places →

More economy & growth data for Singapore

All data for Singapore →

Frequently asked questions

What is value added (total manufacturing) — value standard local currency in Singapore?
Value added (total manufacturing) — value standard local currency in Singapore was 118,833 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
What is the highest value added (total manufacturing) — value standard local currency recorded in Singapore?
The highest recorded value was 135,544 million SLC in 2022.
What is the lowest value added (total manufacturing) — value standard local currency recorded in Singapore?
The lowest recorded value was 1,026 million SLC in 1970.
How does Singapore rank for value added (total manufacturing) — value standard local currency?
Singapore ranks 92nd out of 199 countries with data for 2023.
Is value added (total manufacturing) — value standard local currency rising or falling in Singapore?
Over the last ten years it is up 75.0%. The long-run trend across the full record is volatile.
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) — Value Standard Local Currency. Statizoid updates them automatically from the source API.

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Value Added (Total Manufacturing) — Value Standard Local Currency in Singapore. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 18 August 2026, from https://economy.statizoid.com/stat/value-added-total-manufacturing-value-standard-local-currency/singapore/

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About this data

Indicator
Value Added (Total Manufacturing) — Value Standard Local Currency
Unit
million SLC
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
218 places, 10,797 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).