Latest: United Kingdom 16:15 BoE MPC Member Cunliffe Speaks Forecast: 0
Latest: Japan 01:30 BoJ Board Member Kataoka Speaks Forecast: 0
Latest: Thailand 03:51 GDP Annual Forecast: 0 % Actual: 2.4%
Latest: Japan 01:30 BoJ Board Member Masai Speaks Forecast: 0
Latest: Indonesia 04:00 GDP Annual Forecast: 5.03 % Actual: 5.02%

Economy of Singapore. Statistics, Data and Indicators

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


Singapore Major Economic Indicators

Indicator Data Period
GDP Value 382 USD Billion 2019
GDP Annual Growth Rate -2.2 % 1Q/20
GDP Growth Rate -10.6 % 1Q/20
GDP per capita 58248 USD 2018
Inflation Rate YoY 0.3 % Feb/20
Interest Rate 1.26 % Feb/20
Unemployment Rate 2.3 % 4Q/19
Wages 5783 SGD/Month | 4060.867 USD/Month 4Q/19
Balance of Trade 1095 SGD Million | 0.769 B USD Feb/20
Current Account 19601 SGD Million | 13.764 B USD 4Q/19
Foreign Exchange Reserves 397471 SGD Million | 279.107 B USD Mar/20
Government Debt 641094 SGD Million | 450.181 B USD 4Q/19


GDP
vvp
382
USD Billion
#38 from 174 countries
GDP per capita
vvp
58248
USD
#7 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 382 USD Billion 2019
GDP Annual Growth Rate -2.2 % 1Q/20
GDP Growth Rate -10.6 % 1Q/20
GDP per capita 58248 USD 2018
Gross National Product 460725 SGD Million | 323.525 B USD 2019
GDP Constant Prices 119230 SGD Million | 83.724 B USD 4Q/19
GDP per capita PPP 90091 USD 2018
GDP From Construction  4802 SGD Million | 3.372 B USD 4Q/19
GDP From Manufacturing  22933 SGD Million | 16.104 B USD 4Q/19
GDP From Services  16653 SGD Million | 11.694 B USD 4Q/19
GDP From Transport  8101 SGD Million | 5.689 B USD 4Q/19
GDP From Utilities  1470 SGD Million | 1.032 B USD 4Q/19


Budget Indicators

Indicator Data Period
Government Debt to GDP 112 % 2018
Government Budget Value 134 SGD Million | 0.094 USD Billion Jan/20
Government Spending 12534 SGD Million | 8.801 USD Billion 4Q/19
Government Debt 641094 SGD Million | 450.181 USD Billion 4Q/19
Government Revenues 6918 SGD Million | 4.858 USD Billion Jan/20
Fiscal Expenditure  6784 SGD Million | 4.764 B USD Jan/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) 100 index points Feb/20
Export Prices 96.4 index points Feb/20
Food Inflation 1.6 % Feb/20
Gasoline Prices 1.44 USD/Liter Mar/20
GDP Deflator 107 index points 4Q/19
Import Prices 97.2 index points Feb/20
Inflation Rate YoY 0.3 % Feb/20
Producer Prices 95.21 index points Feb/20
Inflation Rate Mom 0.1 % Feb/20
Core Consumer Prices 100 Index Points Feb/20
Core Inflation Rate -0.1 % Feb/20
CPI Housing Utilities 101 Index Points Feb/20
CPI Transportation 100 Index Points Feb/20
Producer Prices Change  -1.5 % Feb/20


Trade Indicators

Indicator Data Period
Current Account to GDP 17.7 % 2018
Weapons Sales 47 USD Million 2016
Balance of Trade 1095 SGD Million | 0.769 USD Billion Feb/20
Capital Flows 15106 SGD Million | 10.608 USD Billion 4Q/19
Current Account 19601 SGD Million | 13.764 USD Billion 4Q/19
Exports 41816 SGD Million | 29.364 USD Billion Feb/20
External Debt 2123230 SGD Million | 1490.949 USD Billion 4Q/19
Foreign Exchange Reserves 397471 SGD Million | 279.107 USD Billion Mar/20
Imports 40721 SGD Million | 28.595 USD Billion Feb/20
Terms of Trade  99.1 Index Points Feb/20
Tourist Arrivals 1687344 Persons | 1.687 Million Persons Jan/20


Money Indicators

Indicator Data Period
Bank Lending Rate 5.25 % Mar/20
Gold Reserves 127 Tonnes 4Q/19
Interbank Rate 0.99 % Apr/20
Interest Rate 1.26 % Feb/20
Loans to Private Sector 692846 SGD Million | 486.522 USD Billion Feb/20
Money Supply M0 50629 SGD Million | 35.552 USD Billion Feb/20
Money Supply M1 202581 SGD Million | 142.254 USD Billion Feb/20
Money Supply M2 646295 SGD Million | 453.833 USD Billion Feb/20
Money Supply M3 660556 SGD Million | 463.848 USD Billion Feb/20
Central Bank Balance Sheet 392717 SGD Million | 275.769 B USD Jan/20
Deposit Interest Rate 0.25 % Jan/20
Foreign Direct Investment 37792 SGD Million | 26.538 B USD 4Q/19
Private Sector Credit  618733 SGD Million | 434.479 B USD Feb/20


Labor Indicators

Indicator Data Period
Retirement Age Men 62 2019
Retirement Age Women 62 2019
Unemployment Rate 2.3 % 4Q/19
Wages 5783 SGD/Month | 4060.867 USD/Month 4Q/19
Employed Persons 3778 Thousand Person | 3.778 Million Person 2019
Employment Change  18.3 Thousand Person 4Q/19
Job Vacancies 50000 | 50 K 4Q/19
Labor Force Participation Rate 67.7 % 2018
Unemployed Persons 111 Thousand Persons | 0.111 Million Persons 2019


Taxes



Production Indicators

Indicator Data Period
Industrial Production -1.1 % Feb/20
Industrial Production (MoM) -22.3 % Feb/20


Business Indicators

Indicator Data Period
Bankruptcies 157 companies Jan/20
Business Confidence -12 index points 4Q/19
Corruption Index 85 index points 2019
Corruption Rank 4 place 2019
Ease of Doing Business 2 place 2019
Manufacturing PMI 45.4 index points Mar/20
Competitiveness Index 84.78 Index Points 2019
Competitiveness Rank 1 2019
Composite PMI 33.3 Index Points Mar/20
Leading Economic Index  108 Index Points 4Q/19


Consumer Indicators

Indicator Data Period
Retail Sales MoM -8.9 % Feb/20
Retail Sales YoY -8.6 % Feb/20
Consumer Spending 45590 SGD Million | 32.014 USD Billion 4Q/19
Households Debt To GDP 51.5 % 3Q/19


Housing Market

Indicator Data Period
New Home Sales  618 Units Jan/20


Government Debt
dept_icon
450.181
USD Billion
#14 from 65 countries
Balance of Trade
balance_icon
0.769
USD Billion
#22 from 173 countries


Gold Reserves
gold_reserve_icon
127
Tonnes
#28 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
279.107
USD Billion
#11 from 114 countries


Government Budget Value
balance_icon
0.094
USD Billion
#11 from 113 countries
Inflation Rate
inflation_icon
0.3
%
#135 from 174 countries


Interest Rate
discount_rate_icon
1.26
%
#118 from 159 countries
Bank Lending Rate
credit_rate_icon
5.25%
#19 from 55 countries


Unemployment Rate
unemployment_icon
2.3
%
#152 from 171 countries
Wages
salary_icon
4060.867
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