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Economy of Singapore. Statistics, Data and Indicators

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


Singapore Major Economic Indicators

Indicator Data Period
GDP Value 340 USD Billion 2020
GDP Annual Growth Rate 14.3 % 2Q/21
GDP Growth Rate -2 % 2Q/21
GDP per capita 56349 USD 2020
Inflation Rate YoY 2.4 % May/21
Interest Rate 0.07 % Jun/21
Unemployment Rate 2.9 % 1Q/21
Wages 6159 SGD/Month | 4568.551 USD/Month 1Q/21
Balance of Trade 4610 SGD Million | 3.42 B USD Jun/21
Current Account 24625 SGD Million | 18.266 B USD 1Q/21
Foreign Exchange Reserves 535459 SGD Million | 397.186 B USD Jun/21
Government Debt 728756 SGD Million | 540.568 B USD 1Q/21


GDP
vvp
340
USD Billion
#38 from 174 countries
GDP per capita
vvp
56349
USD
#7 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 340 USD Billion 2020
GDP Annual Growth Rate 14.3 % 2Q/21
GDP Growth Rate -2 % 2Q/21
GDP per capita 56349 USD 2020
Gross National Product 411757 SGD Million | 305.428 B USD 2020
GDP Constant Prices 121079 SGD Million | 89.813 B USD 1Q/21
GDP per capita PPP 93397 USD 2020
GDP From Construction  3779 SGD Million | 2.803 B USD 1Q/21
GDP From Manufacturing  27914 SGD Million | 20.706 B USD 1Q/21
GDP From Services  16934 SGD Million | 12.561 B USD 1Q/21
GDP From Transport  6218 SGD Million | 4.612 B USD 1Q/21
GDP From Utilities  1477 SGD Million | 1.096 B USD 1Q/21


Budget Indicators

Indicator Data Period
Government Debt to GDP 131 % 2020
Government Budget Value 3193 SGD Million | 2.368 USD Billion May/21
Government Spending 14013 SGD Million | 10.394 USD Billion 1Q/21
Government Debt 728756 SGD Million | 540.568 USD Billion 1Q/21
Government Revenues 10408 SGD Million | 7.72 USD Billion May/21
Fiscal Expenditure  7214 SGD Million | 5.351 B USD May/21
Government Budget to GDP -13.9 % 2020
Military Expenditure 11020 USD Million | 11.02 B USD 2020


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 102 index points May/21
Export Prices 98.5 index points May/21
Food Inflation 1 % May/21
Gasoline Prices 1.8 USD/Liter Jun/21
GDP Deflator 105 index points 1Q/21
Import Prices 100 index points May/21
Inflation Rate YoY 2.4 % May/21
Producer Prices 97.58 index points May/21
Inflation Rate Mom 0.8 % May/21
Core Consumer Prices 100 Index Points May/21
Core Inflation Rate 0.8 % May/21
CPI Housing Utilities 101 Index Points May/21
CPI Transportation 107 Index Points May/21
Producer Prices Change  18.1 % May/21


Trade Indicators

Indicator Data Period
Current Account to GDP 17.6 % 2020
Weapons Sales 47 USD Million 2016
Balance of Trade 4610 SGD Million | 3.42 USD Billion Jun/21
Capital Flows -6408 SGD Million | -4.753 USD Billion 1Q/21
Current Account 24625 SGD Million | 18.266 USD Billion 1Q/21
Exports 49636 SGD Million | 36.818 USD Billion Jun/21
External Debt 2237428 SGD Million | 1659.653 USD Billion 1Q/21
Foreign Exchange Reserves 535459 SGD Million | 397.186 USD Billion Jun/21
Imports 45026 SGD Million | 33.399 USD Billion Jun/21
Terms of Trade  98.5 Index Points May/21
Tourist Arrivals 14190 Persons | 0.014 Million Persons May/21


Money Indicators

Indicator Data Period
Bank Lending Rate 5.25 % Jun/21
Gold Reserves 127 Tonnes 1Q/21
Interbank Rate 0.43 % Jul/21
Interest Rate 0.07 % Jun/21
Loans to Private Sector 693724 SGD Million | 514.582 USD Billion May/21
Money Supply M0 55363 SGD Million | 41.067 USD Billion May/21
Money Supply M1 272111 SGD Million | 201.843 USD Billion May/21
Money Supply M2 729258 SGD Million | 540.94 USD Billion May/21
Money Supply M3 742505 SGD Million | 550.767 USD Billion May/21
Central Bank Balance Sheet 527028 SGD Million | 390.933 B USD Mar/21
Deposit Interest Rate 0.12 % May/21
Foreign Direct Investment 30329 SGD Million | 22.497 B USD 4Q/20
Private Sector Credit  637447 SGD Million | 472.838 B USD May/21


Labor Indicators

Indicator Data Period
Retirement Age Men 62 2021
Retirement Age Women 62 2021
Unemployment Rate 2.9 % 1Q/21
Wages 6159 SGD/Month | 4568.551 USD/Month 1Q/21
Employed Persons 3598 Thousand Person | 3.598 Million Person 2020
Employment Change  6.7 Thousand Person 1Q/21
Job Vacancies 67000 | 67 K 1Q/21
Labor Force Participation Rate 68.1 % 2020
Unemployed Persons 140 Thousand Persons | 0.14 Million Persons 2020


Taxes



Production Indicators

Indicator Data Period
Industrial Production 30 % May/21
Industrial Production (MoM) 7.2 % May/21


Business Indicators

Indicator Data Period
Bankruptcies 45 companies May/21
Business Confidence 38 index points 1Q/21
Corruption Index 85 index points 2020
Corruption Rank 3 place 2020
Ease of Doing Business 2 place 2019
Manufacturing PMI 50.8 index points Jun/21
Competitiveness Index 84.78 Index Points 2019
Competitiveness Rank 1 2019
Composite PMI 50.1 Index Points Jun/21
Leading Economic Index  111 Index Points 1Q/21


Consumer Indicators

Indicator Data Period
Retail Sales MoM -6.8 % May/21
Retail Sales YoY 79.7 % May/21
Consumer Spending 40396 SGD Million | 29.964 USD Billion 1Q/21
Households Debt To GDP 55.4 % 4Q/20


Housing Market

Indicator Data Period
New Home Sales  1262 Units Apr/21


Government Debt
dept_icon
540.568
USD Billion
#14 from 65 countries
Balance of Trade
balance_icon
3.42
USD Billion
#22 from 173 countries


Gold Reserves
gold_reserve_icon
127
Tonnes
#28 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
397.186
USD Billion
#11 from 114 countries


Government Budget Value
balance_icon
2.368
USD Billion
#11 from 113 countries
Inflation Rate
inflation_icon
2.4
%
#135 from 174 countries


Interest Rate
discount_rate_icon
0.07
%
#118 from 159 countries
Bank Lending Rate
credit_rate_icon
5.25%
#19 from 55 countries


Unemployment Rate
unemployment_icon
2.9
%
#152 from 171 countries
Wages
salary_icon
4568.551
USD/Month
#9 from 82 countries


Retirement Age
man_icon
woman_icon
62
62
men
women
Taxes
company_icon
private_icon
17%
22%
company profits
income of individuals