Value Added (Total Manufacturing) — Value US$ in Singapore
Singapore: Value Added (Total Manufacturing) — Value US$ was 88,498 million USD in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value US$ in Singapore, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for value added (total manufacturing) — value us$ in Singapore is 88,498 million USD, measured in 2023.
That represents a change of down 10.0% on the previous year and up 63.1% over ten years.
Over the whole period, value added (total manufacturing) — value us$ in Singapore peaked at 98,315 million USD in 2022 and was at its lowest, 335.23 million USD, in 1970.
That places Singapore 36th out of 236 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value US$ in Singapore, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 335.23 million USD | — |
| 1971 | 422.46 million USD | +26.0% |
| 1972 | 595.38 million USD | +40.9% |
| 1973 | 900.92 million USD | +51.3% |
| 1974 | 1,158 million USD | +28.6% |
| 1975 | 1,241 million USD | +7.1% |
| 1976 | 1,341 million USD | +8.0% |
| 1977 | 1,515 million USD | +13.0% |
| 1978 | 1,882 million USD | +24.2% |
| 1979 | 2,455 million USD | +30.5% |
| 1980 | 3,205 million USD | +30.5% |
| 1981 | 3,701 million USD | +15.5% |
| 1982 | 3,540 million USD | -4.3% |
| 1983 | 3,866 million USD | +9.2% |
| 1984 | 4,187 million USD | +8.3% |
| 1985 | 3,736 million USD | -10.8% |
| 1986 | 4,247 million USD | +13.7% |
| 1987 | 5,210 million USD | +22.7% |
| 1988 | 6,924 million USD | +32.9% |
| 1989 | 7,954 million USD | +14.9% |
| 1990 | 9,491 million USD | +19.3% |
| 1991 | 11,575 million USD | +22.0% |
| 1992 | 12,694 million USD | +9.7% |
| 1993 | 14,831 million USD | +16.8% |
| 1994 | 17,409 million USD | +17.4% |
| 1995 | 21,062 million USD | +21.0% |
| 1996 | 22,308 million USD | +5.9% |
| 1997 | 22,179 million USD | -0.6% |
| 1998 | 19,450 million USD | -12.3% |
| 1999 | 19,717 million USD | +1.4% |
| 2000 | 24,847 million USD | +26.0% |
| 2001 | 21,007 million USD | -15.5% |
| 2002 | 22,892 million USD | +9.0% |
| 2003 | 24,182 million USD | +5.6% |
| 2004 | 31,196 million USD | +29.0% |
| 2005 | 34,606 million USD | +10.9% |
| 2006 | 39,502 million USD | +14.1% |
| 2007 | 43,105 million USD | +9.1% |
| 2008 | 39,857 million USD | -7.5% |
| 2009 | 39,361 million USD | -1.2% |
| 2010 | 49,817 million USD | +26.6% |
| 2011 | 54,705 million USD | +9.8% |
| 2012 | 56,412 million USD | +3.1% |
| 2013 | 54,252 million USD | -3.8% |
| 2014 | 56,675 million USD | +4.5% |
| 2015 | 55,715 million USD | -1.7% |
| 2016 | 55,753 million USD | +0.1% |
| 2017 | 63,737 million USD | +14.3% |
| 2018 | 78,124 million USD | +22.6% |
| 2019 | 72,983 million USD | -6.6% |
| 2020 | 68,594 million USD | -6.0% |
| 2021 | 88,056 million USD | +28.4% |
| 2022 | 98,315 million USD | +11.7% |
| 2023 | 88,498 million USD | -10.0% |
Singapore compared with similar countries
- Singapore's 88,498 million USD is above the median for high income countries, which is 11,780 million USD, 7.5× the median. (73 countries reporting)
- Singapore's 88,498 million USD is above the median for East Asia & Pacific, which is 1,166 million USD, 75.9× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1,185 million USD | 335.23 million USD | 2,455 million USD | 10 |
| 1980s | 4,657 million USD | 3,205 million USD | 7,954 million USD | 10 |
| 1990s | 17,072 million USD | 9,491 million USD | 22,308 million USD | 10 |
| 2000s | 32,056 million USD | 21,007 million USD | 43,105 million USD | 10 |
| 2010s | 59,817 million USD | 49,817 million USD | 78,124 million USD | 10 |
| 2020s | 85,866 million USD | 68,594 million USD | 98,315 million USD | 4 |
Countries ranked near Singapore
More economy & growth data for Singapore
- Real gdp growth, annual growth rate -6.01 % change on previous year (2025)
- 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)
Frequently asked questions
- What is value added (total manufacturing) — value us$ in Singapore?
- Value added (total manufacturing) — value us$ in Singapore was 88,498 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value us$ recorded in Singapore?
- The highest recorded value was 98,315 million USD in 2022.
- What is the lowest value added (total manufacturing) — value us$ recorded in Singapore?
- The lowest recorded value was 335.23 million USD in 1970.
- How does Singapore rank for value added (total manufacturing) — value us$?
- Singapore ranks 36th out of 236 countries with data for 2023.
- Is value added (total manufacturing) — value us$ rising or falling in Singapore?
- Over the last ten years it is up 63.1%. 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 US$. Statizoid updates them automatically from the source API.
Download this data
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About this data
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).