Value Added (Total Manufacturing) — Value US$, annual growth rate in Singapore

Singapore: Value Added (Total Manufacturing) — Value US$, annual growth rate was -9.99 % change on previous year in 2023. ◆ Volatile

Latest (2023)
-9.99 % change on previous year
Change on year
down 185.7%
World rank
217th
of 236 countries
All-time high
51.32 % change on previous year
in 1973
All-time low
-15.45 % change on previous year
in 2001
Years of data
53
1971–2023

Value Added (Total Manufacturing) — Value US$, annual growth rate in Singapore, 1971–2023

-200204060197119972023

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

Analysis

Singapore recorded -9.99 % change on previous year for value added (total manufacturing) — value us$, annual growth rate in 2023.

That represents a change of down 185.7% on the previous year and down 160.7% over ten years.

Over the whole period, value added (total manufacturing) — value us$, annual growth rate in Singapore peaked at 51.32 % change on previous year in 1973 and was at its lowest, -15.45 % change on previous year, in 2001.

Singapore ranks 217th of 236 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 (Total Manufacturing) — Value US$, annual growth rate in Singapore, year by year

Annual values for Value Added (Total Manufacturing) — Value US$, annual growth rate in Singapore, 1971 to 2023.
Year % change on previous year Change
1971 26.02 % change on previous year
1972 40.93 % change on previous year +57.3%
1973 51.32 % change on previous year +25.4%
1974 28.57 % change on previous year -44.3%
1975 7.14 % change on previous year -75.0%
1976 8.04 % change on previous year +12.5%
1977 12.97 % change on previous year +61.4%
1978 24.22 % change on previous year +86.7%
1979 30.46 % change on previous year +25.7%
1980 30.55 % change on previous year +0.3%
1981 15.47 % change on previous year -49.4%
1982 -4.34 % change on previous year -128.1%
1983 9.21 % change on previous year -312.1%
1984 8.31 % change on previous year -9.8%
1985 -10.77 % change on previous year -229.7%
1986 13.68 % change on previous year -227.0%
1987 22.68 % change on previous year +65.8%
1988 32.89 % change on previous year +45.0%
1989 14.87 % change on previous year -54.8%
1990 19.33 % change on previous year +30.0%
1991 21.96 % change on previous year +13.6%
1992 9.66 % change on previous year -56.0%
1993 16.84 % change on previous year +74.2%
1994 17.38 % change on previous year +3.2%
1995 20.98 % change on previous year +20.7%
1996 5.92 % change on previous year -71.8%
1997 -0.5805 % change on previous year -109.8%
1998 -12.31 % change on previous year +2019.9%
1999 1.38 % change on previous year -111.2%
2000 26.02 % change on previous year +1791.6%
2001 -15.45 % change on previous year -159.4%
2002 8.97 % change on previous year -158.1%
2003 5.64 % change on previous year -37.2%
2004 29 % change on previous year +414.4%
2005 10.93 % change on previous year -62.3%
2006 14.15 % change on previous year +29.4%
2007 9.12 % change on previous year -35.5%
2008 -7.53 % change on previous year -182.6%
2009 -1.25 % change on previous year -83.5%
2010 26.57 % change on previous year -2232.2%
2011 9.81 % change on previous year -63.1%
2012 3.12 % change on previous year -68.2%
2013 -3.83 % change on previous year -222.7%
2014 4.47 % change on previous year -216.6%
2015 -1.69 % change on previous year -137.9%
2016 0.068 % change on previous year -104.0%
2017 14.32 % change on previous year +20952.4%
2018 22.57 % change on previous year +57.6%
2019 -6.58 % change on previous year -129.2%
2020 -6.01 % change on previous year -8.6%
2021 28.37 % change on previous year -571.9%
2022 11.65 % change on previous year -58.9%
2023 -9.99 % change on previous year -185.7%

Biggest year-on-year movements

Years where Value Added (Total Manufacturing) — Value 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.

YearChange FromTo
2017 +20952.4% 0.068 % change on previous year 14.32 % change on previous year
2010 +2232.2% -1.25 % change on previous year 26.57 % change on previous year
1998 -2019.9% -0.5805 % change on previous year -12.31 % change on previous year
2000 +1791.6% 1.38 % change on previous year 26.02 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 25.52 % change on previous year 7.14 % change on previous year 51.32 % change on previous year 9
1980s 13.25 % change on previous year -10.77 % change on previous year 32.89 % change on previous year 10
1990s 10.06 % change on previous year -12.31 % change on previous year 21.96 % change on previous year 10
2000s 7.96 % change on previous year -15.45 % change on previous year 29 % change on previous year 10
2010s 6.88 % change on previous year -6.58 % change on previous year 26.57 % change on previous year 10
2020s 6.01 % change on previous year -9.99 % change on previous year 28.37 % change on previous year 4

Countries ranked near Singapore

  1. 215 Russia -9.67 % change on previous year compare
  2. 215 Russian Federation -9.67 % change on previous year compare
  3. 218 Nigeria -10.79 % change on previous year compare
  4. 219 Suriname -11.66 % change on previous year compare
  5. 220 Oman -12.75 % change on previous year compare

See the full ranking of 266 places →

More economy & growth data for Singapore

All data for Singapore →

Frequently asked questions

What is value added (total manufacturing) — value us$, annual growth rate in Singapore?
Value added (total manufacturing) — value us$, annual growth rate in Singapore was -9.99 % change on previous year in 2023, according to Statizoid (derived).
What is the highest value added (total manufacturing) — value us$, annual growth rate recorded in Singapore?
The highest recorded value was 51.32 % change on previous year in 1973.
What is the lowest value added (total manufacturing) — value us$, annual growth rate recorded in Singapore?
The lowest recorded value was -15.45 % change on previous year in 2001.
How does Singapore rank for value added (total manufacturing) — value us$, annual growth rate?
Singapore ranks 217th out of 236 countries with data for 2023.
Is value added (total manufacturing) — value us$, annual growth rate rising or falling in Singapore?
Over the last ten years it is down 160.7%. 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 (Total Manufacturing) — Value US$, annual growth rate. Statizoid updates them automatically from the source API.

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Value Added (Total Manufacturing) — Value US$, annual growth rate in Singapore. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/stat/value-added-total-manufacturing-value-us-annual-growth-rate/singapore/

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How this figure is calculated

The year-on-year percentage change in Value Added (Total Manufacturing) — Value 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
Value Added (Total Manufacturing) — Value US$, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
266 places, 12,901 data points, 1971–2023
Last refreshed

The year-on-year percentage change in Value Added (Total Manufacturing) — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.