Economy of Singapore. Statistics, Data and Indicators

Singapore
98AAA | Credit rank #11 |
150.45 | Quality of life #32 |
4 | Corruption rank#3 |
2 | Ease of doing business#2 |

Singapore Major Economic Indicators
Indicator | Data | Period |
---|---|---|
GDP Value | 372 USD Billion | 2019 |
GDP Annual Growth Rate | -3.8 % | 4Q/20 |
GDP Growth Rate | 2.1 % | 4Q/20 |
GDP per capita | 58830 USD | 2019 |
Inflation Rate YoY | -0.1 % | Nov/20 |
Interest Rate | 0.18 % | Nov/20 |
Unemployment Rate | 3.6 % | 3Q/20 |
Wages | 5214 SGD/Month | 3919.269 USD/Month | 3Q/20 |
Balance of Trade | 3934 SGD Million | 2.957 B USD | Nov/20 |
Current Account | 22912 SGD Million | 17.223 B USD | 3Q/20 |
Foreign Exchange Reserves | 478800 SGD Million | 359.905 B USD | Dec/20 |
Government Debt | 690149 SGD Million | 518.773 B USD | 3Q/20 |
GDP

372
USD Billion
#38 from 174 countries
GDP per capita

58830
USD
#7 from 169 countries
GDP Indicators
Indicator | Data | Period |
---|---|---|
GDP Value | 372 USD Billion | 2019 |
GDP Annual Growth Rate | -3.8 % | 4Q/20 |
GDP Growth Rate | 2.1 % | 4Q/20 |
GDP per capita | 58830 USD | 2019 |
Gross National Product | 460725 SGD Million | 346.319 B USD | 2019 |
GDP Constant Prices | 112141 SGD Million | 84.294 B USD | 3Q/20 |
GDP per capita PPP | 97342 USD | 2019 |
GDP From Construction | 2534 SGD Million | 1.905 B USD | 3Q/20 |
GDP From Manufacturing | 25593 SGD Million | 19.238 B USD | 3Q/20 |
GDP From Services | 15957 SGD Million | 11.995 B USD | 3Q/20 |
GDP From Transport | 5674 SGD Million | 4.265 B USD | 3Q/20 |
GDP From Utilities | 1406 SGD Million | 1.057 B USD | 3Q/20 |
Budget Indicators
Indicator | Data | Period |
---|---|---|
Government Debt to GDP | 126 % | 2019 |
Government Budget Value | 437 SGD Million | 0.328 USD Billion | Nov/20 |
Government Spending | 14236 SGD Million | 10.701 USD Billion | 3Q/20 |
Government Debt | 690149 SGD Million | 518.773 USD Billion | 3Q/20 |
Government Revenues | 12595 SGD Million | 9.467 USD Billion | Nov/20 |
Fiscal Expenditure | 12158 SGD Million | 9.139 B USD | Nov/20 |
Government Budget to GDP | -0.3 % | 2019 |
Military Expenditure | 10458 USD Million | 10.458 B USD | 2018 |
Inflation Indicators
Indicator | Data | Period |
---|---|---|
Consumer Price Index (CPI) | 101 index points | Nov/20 |
Export Prices | 89.7 index points | Nov/20 |
Food Inflation | 1.8 % | Nov/20 |
Gasoline Prices | 1.51 USD/Liter | Dec/20 |
GDP Deflator | 102 index points | 3Q/20 |
Import Prices | 91.7 index points | Nov/20 |
Inflation Rate YoY | -0.1 % | Nov/20 |
Producer Prices | 87.36 index points | Nov/20 |
Inflation Rate Mom | 0.4 % | Nov/20 |
Core Consumer Prices | 99.9 Index Points | Nov/20 |
Core Inflation Rate | -0.1 % | Nov/20 |
CPI Housing Utilities | 100 Index Points | Nov/20 |
CPI Transportation | 100 Index Points | Nov/20 |
Producer Prices Change | -9.4 % | Nov/20 |
Trade Indicators
Indicator | Data | Period |
---|---|---|
Current Account to GDP | 16.9 % | 2019 |
Weapons Sales | 47 USD Million | 2016 |
Balance of Trade | 3934 SGD Million | 2.957 USD Billion | Nov/20 |
Capital Flows | 9472 SGD Million | 7.12 USD Billion | 3Q/20 |
Current Account | 22912 SGD Million | 17.223 USD Billion | 3Q/20 |
Exports | 41985 SGD Million | 31.559 USD Billion | Nov/20 |
External Debt | 2197838 SGD Million | 1652.075 USD Billion | 3Q/20 |
Foreign Exchange Reserves | 478800 SGD Million | 359.905 USD Billion | Dec/20 |
Imports | 38050 SGD Million | 28.601 USD Billion | Nov/20 |
Terms of Trade | 97.86 Index Points | Nov/20 |
Tourist Arrivals | 14676 Persons | 0.015 Million Persons | Nov/20 |
Money Indicators
Indicator | Data | Period |
---|---|---|
Bank Lending Rate | 5.25 % | Dec/20 |
Gold Reserves | 127 Tonnes | 3Q/20 |
Interbank Rate | 0.41 % | Jan/21 |
Interest Rate | 0.18 % | Nov/20 |
Loans to Private Sector | 676669 SGD Million | 508.64 USD Billion | Nov/20 |
Money Supply M0 | 53494 SGD Million | 40.21 USD Billion | Nov/20 |
Money Supply M1 | 261149 SGD Million | 196.301 USD Billion | Nov/20 |
Money Supply M2 | 712725 SGD Million | 535.742 USD Billion | Nov/20 |
Money Supply M3 | 725900 SGD Million | 545.646 USD Billion | Nov/20 |
Central Bank Balance Sheet | 458570 SGD Million | 344.699 B USD | Aug/20 |
Deposit Interest Rate | 0.13 % | Oct/20 |
Foreign Direct Investment | 25682 SGD Million | 19.305 B USD | 2Q/20 |
Private Sector Credit | 619009 SGD Million | 465.298 B USD | Nov/20 |
Labor Indicators
Indicator | Data | Period |
---|---|---|
Retirement Age Men | 62 | 2019 |
Retirement Age Women | 62 | 2019 |
Unemployment Rate | 3.6 % | 3Q/20 |
Wages | 5214 SGD/Month | 3919.269 USD/Month | 3Q/20 |
Employed Persons | 3778 Thousand Person | 3.778 Million Person | 2019 |
Employment Change | -32.1 Thousand Person | 3Q/20 |
Job Vacancies | 53300 | 53.3 K | 3Q/20 |
Labor Force Participation Rate | 68 % | 2019 |
Unemployed Persons | 111 Thousand Persons | 0.111 Million Persons | 2019 |
Taxes
Indicator | Data | Period |
---|---|---|
Corporate Tax Rate | 17 % | 2020 |
Personal Income Tax Rate | 22 % | 2020 |
Sales Tax Rate | 7 % | 2020 |
Social Security Rate | 37 % | 2019 |
Social Security Rate For Companies | 17 % | 2019 |
Social Security Rate For Employees | 20 % | 2019 |
Production Indicators
Indicator | Data | Period |
---|---|---|
Industrial Production | 17.9 % | Nov/20 |
Industrial Production (MoM) | 7.2 % | Nov/20 |
Business Indicators
Indicator | Data | Period |
---|---|---|
Bankruptcies | 60 companies | Nov/20 |
Business Confidence | -3 index points | 3Q/20 |
Corruption Index | 85 index points | 2019 |
Corruption Rank | 4 place | 2019 |
Ease of Doing Business | 2 place | 2019 |
Manufacturing PMI | 50.5 index points | Dec/20 |
Competitiveness Index | 84.78 Index Points | 2019 |
Competitiveness Rank | 1 | 2019 |
Composite PMI | 50.5 Index Points | Dec/20 |
Leading Economic Index | 107 Index Points | 3Q/20 |
Consumer Indicators
Indicator | Data | Period |
---|---|---|
Retail Sales MoM | 7.3 % | Nov/20 |
Retail Sales YoY | -1.9 % | Nov/20 |
Consumer Spending | 39335 SGD Million | 29.567 USD Billion | 3Q/20 |
Households Debt To GDP | 52.8 % | 2Q/20 |
Housing Market
Indicator | Data | Period |
---|---|---|
New Home Sales | 1217 Units | Dec/20 |
Government Debt

518.773
USD Billion
#14 from 65 countries
Balance of Trade

2.957
USD Billion
#22 from 173 countries
Gold Reserves

127
Tonnes
#28 from 114 countries
Foreign Exchange Reserves

359.905
USD Billion
#11 from
114 countries
Government Budget Value

0.328
USD Billion
#11 from 113 countries
Inflation Rate

-0.1
%
#135 from
174 countries
Interest Rate

0.18
%
#118 from
159 countries
Bank Lending Rate

5.25%
#19 from
55 countries
Unemployment Rate

3.6
%
#152 from
171 countries
Wages

3919.269
USD/Month
#9 from
82 countries
Retirement Age


62
62
men
women
Taxes


17%
22%
company profits
income of individuals