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Economy of Singapore

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Overview Economy Population Trade Government Finance Society Environment

GDP Composition by Industry

18.9% 23.2% 15.1% 39.1%
  • Agriculture, forestry & fishing: 0.0%
  • Mining, manufacturing & utilities: 18.9%
  • Construction: 3.8%
  • Trade, restaurants & hotels: 23.2%
  • Transport & communication: 15.1%
  • Finance, real estate & other services: 39.1%
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Agriculture, forestry & fishing
0.0%
Mining, manufacturing & utilities
18.9%
Construction
3.8%
Trade, restaurants & hotels
23.2%
Transport & communication
15.1%
Finance, real estate & other services
39.1%

Share of total gross value added by industry.
Source: UN National Accounts, 2024.

GDP

GDP (USD) 660B #28 / 190 2026
GDP (Local currency - SGD) 836B - 2026
Real GDP (Local currency - SGD) 615B - 2026
PPP GDP (Int$) 1.06T #34 / 191 2026
GNI (USD) 458B #31 / 210 2024

GDP per Capita

GDP per Capita (USD) 107,758 #6 / 190 2026
GDP per Capita (Local currency - SGD) 136,548 - 2026
Real GDP per Capita (Local currency - SGD) 100,424 - 2026
PPP GDP per Capita (Int$) 173,708 #2 / 191 2026
GNI per Capita (USD) 78,595 #11 / 210 2024

Economic Growth

GDP Growth 3.5% #70 / 191 2026

Prices and Inflation

Inflation Rate 2.3% #151 / 191 2026

Labor Market

Unemployment Rate 2% #100 / 103 2026

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