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Singapore

Economy overviewAsia

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GDP4.4%
Inflation2.4%
Unemploy.2.7%
Debt166%
Invest.22.2%
Fiscal3.8% GDP
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GDP Growth
4.4%
2024 · World Bank WDI
GDP per capita
Output per person at market prices (current USD)
$91k
▶ CHART
GDP (PPP) per capita
Output per person adjusted for local purchasing power
$151k
▶ CHART
GDP 5Y avg growth
Average real GDP growth rate over the last 5 years
3.3%
▶ CHART
Nominal GDP
Total economic output in current US dollars (billions)
$547.4bn
▶ CHART
GDP Growth — 10-year trend
Historical data
2024
4.4%
2023
1.8%
2022
4.1%
2021
9.8%
2020
-3.8%
2019
1.3%
2018
3.5%
2017
4.5%
2016
3.7%
2015
3%
2014

Compare with peers

🇨🇳
China
GDP: 5%
🇯🇵
Japan
GDP: 0.1%
🇮🇳
India
GDP: 6.5%
🇰🇷
South Korea
GDP: 2%
🇸🇦
Saudi Arabia
GDP: 2%
🇹🇭
Thailand
GDP: 2.5%