Singapore - GDP

GDP (current US$)

The latest value for GDP (current US$) in Singapore was $339,998,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $375,982,000,000 in 2018 and $704,756,300 in 1960.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $704,756,300
1961 $764,634,800
1962 $826,244,600
1963 $917,614,000
1964 $894,159,200
1965 $974,650,400
1966 $1,096,433,000
1967 $1,238,044,000
1968 $1,425,715,000
1969 $1,659,905,000
1970 $1,920,587,000
1971 $2,263,785,000
1972 $2,721,441,000
1973 $3,696,213,000
1974 $5,221,535,000
1975 $5,633,674,000
1976 $6,327,078,000
1977 $6,618,585,000
1978 $7,517,176,000
1979 $9,296,922,000
1980 $11,896,260,000
1981 $14,175,230,000
1982 $16,084,250,000
1983 $17,784,110,000
1984 $19,749,360,000
1985 $19,156,530,000
1986 $18,586,750,000
1987 $20,919,220,000
1988 $25,371,460,000
1989 $30,465,360,000
1990 $36,144,340,000
1991 $45,466,170,000
1992 $52,130,260,000
1993 $60,603,480,000
1994 $73,690,850,000
1995 $87,810,990,000
1996 $96,295,890,000
1997 $100,124,000,000
1998 $85,728,310,000
1999 $86,284,660,000
2000 $96,074,480,000
2001 $89,794,950,000
2002 $92,537,750,000
2003 $97,645,450,000
2004 $115,035,000,000
2005 $127,808,000,000
2006 $148,630,000,000
2007 $180,942,000,000
2008 $193,612,000,000
2009 $194,152,000,000
2010 $239,809,000,000
2011 $279,351,000,000
2012 $295,087,000,000
2013 $307,576,000,000
2014 $314,851,000,000
2015 $308,004,000,000
2016 $318,764,000,000
2017 $343,338,000,000
2018 $375,982,000,000
2019 $374,386,000,000
2020 $339,998,000,000

GDP (current LCU)

The value for GDP (current LCU) in Singapore was 469,096,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 510,738,000,000 in 2019 and a minimum value of 2,157,400,000 in 1960.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 2,157,400,000
1961 2,340,700,000
1962 2,529,300,000
1963 2,809,000,000
1964 2,737,200,000
1965 2,983,600,000
1966 3,356,400,000
1967 3,789,900,000
1968 4,364,400,000
1969 5,081,300,000
1970 5,879,300,000
1971 6,929,900,000
1972 8,302,300,000
1973 10,395,600,000
1974 12,831,400,000
1975 13,728,700,000
1976 15,003,400,000
1977 16,353,200,000
1978 18,337,400,000
1979 21,141,200,000
1980 25,869,600,000
1981 30,352,000,000
1982 33,981,200,000
1983 38,058,000,000
1984 41,730,400,000
1985 40,862,800,000
1986 40,892,700,000
1987 45,549,500,000
1988 53,432,300,000
1989 61,308,500,000
1990 70,492,300,000
1991 78,542,800,000
1992 84,920,200,000
1993 97,923,100,000
1994 112,555,000,000
1995 124,463,000,000
1996 135,777,000,000
1997 148,664,000,000
1998 143,475,000,000
1999 146,253,000,000
2000 165,632,000,000
2001 160,886,000,000
2002 165,698,000,000
2003 170,118,000,000
2004 194,433,000,000
2005 212,723,000,000
2006 236,159,000,000
2007 272,698,000,000
2008 273,942,000,000
2009 282,395,000,000
2010 326,980,000,000
2011 351,368,000,000
2012 368,771,000,000
2013 384,870,000,000
2014 398,948,000,000
2015 423,444,000,000
2016 440,372,000,000
2017 474,115,000,000
2018 507,124,000,000
2019 510,738,000,000
2020 469,096,000,000

GDP at market prices: linked series (current LCU)

The latest value for GDP at market prices: linked series (current LCU) in Singapore was 469,096,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 510,738,000,000 in 2019 and 70,492,300,000 in 1990.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in current local currency.

Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.

Year Value
1990 70,492,300,000
1991 78,542,800,000
1992 84,920,200,000
1993 97,923,100,000
1994 112,555,000,000
1995 124,463,000,000
1996 135,777,000,000
1997 148,664,000,000
1998 143,475,000,000
1999 146,253,000,000
2000 165,632,000,000
2001 160,886,000,000
2002 165,698,000,000
2003 170,118,000,000
2004 194,433,000,000
2005 212,723,000,000
2006 236,159,000,000
2007 272,698,000,000
2008 273,942,000,000
2009 282,395,000,000
2010 326,980,000,000
2011 351,368,000,000
2012 368,771,000,000
2013 384,870,000,000
2014 398,948,000,000
2015 423,444,000,000
2016 440,372,000,000
2017 474,115,000,000
2018 507,124,000,000
2019 510,738,000,000
2020 469,096,000,000

GDP (constant 2010 US$)

The latest value for GDP (constant 2010 US$) in Singapore was 330,100,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 348,910,000,000 in 2019 and 5,942,828,000 in 1960.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2010 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2010 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 5,942,828,000
1961 6,426,390,000
1962 6,911,842,000
1963 7,605,834,000
1964 7,369,799,000
1965 7,947,192,000
1966 8,756,183,000
1967 9,851,469,000
1968 11,184,100,000
1969 12,731,230,000
1970 14,506,260,000
1971 16,307,030,000
1972 18,478,400,000
1973 20,437,590,000
1974 21,687,880,000
1975 22,551,430,000
1976 24,228,610,000
1977 25,888,930,000
1978 27,902,390,000
1979 30,568,230,000
1980 33,659,660,000
1981 37,300,330,000
1982 39,949,450,000
1983 43,366,960,000
1984 47,179,950,000
1985 46,886,090,000
1986 47,515,710,000
1987 52,646,350,000
1988 58,576,300,000
1989 64,526,840,000
1990 70,864,050,000
1991 75,603,800,000
1992 80,623,660,000
1993 89,865,360,000
1994 99,838,300,000
1995 107,028,000,000
1996 115,024,000,000
1997 124,594,000,000
1998 121,859,000,000
1999 128,834,000,000
2000 140,479,000,000
2001 138,978,000,000
2002 144,418,000,000
2003 150,968,000,000
2004 165,793,000,000
2005 177,994,000,000
2006 194,022,000,000
2007 211,527,000,000
2008 215,479,000,000
2009 215,740,000,000
2010 247,077,000,000
2011 262,737,000,000
2012 274,459,000,000
2013 287,735,000,000
2014 299,066,000,000
2015 308,004,000,000
2016 318,258,000,000
2017 332,644,000,000
2018 344,278,000,000
2019 348,910,000,000
2020 330,100,000,000

GDP (constant LCU)

The value for GDP (constant LCU) in Singapore was 453,821,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 479,681,000,000 in 2019 and a minimum value of 8,170,200,000 in 1960.

Definition: GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 8,170,200,000
1961 8,835,000,000
1962 9,502,401,000
1963 10,456,500,000
1964 10,132,000,000
1965 10,925,800,000
1966 12,038,000,000
1967 13,543,800,000
1968 15,375,900,000
1969 17,502,900,000
1970 19,943,200,000
1971 22,418,900,000
1972 25,404,100,000
1973 28,097,600,000
1974 29,816,500,000
1975 31,003,700,000
1976 33,309,500,000
1977 35,592,100,000
1978 38,360,200,000
1979 42,025,200,000
1980 46,275,300,000
1981 51,280,500,000
1982 54,922,500,000
1983 59,620,900,000
1984 64,863,000,000
1985 64,459,000,000
1986 65,324,600,000
1987 72,378,200,000
1988 80,530,700,000
1989 88,711,500,000
1990 97,423,900,000
1991 103,940,000,000
1992 110,841,000,000
1993 123,547,000,000
1994 137,258,000,000
1995 147,142,000,000
1996 158,135,000,000
1997 171,292,000,000
1998 167,531,000,000
1999 177,121,000,000
2000 193,131,000,000
2001 191,066,000,000
2002 198,546,000,000
2003 207,551,000,000
2004 227,932,000,000
2005 244,706,000,000
2006 266,742,000,000
2007 290,808,000,000
2008 296,241,000,000
2009 296,599,000,000
2010 339,682,000,000
2011 361,211,000,000
2012 377,326,000,000
2013 395,579,000,000
2014 411,157,000,000
2015 423,444,000,000
2016 437,541,000,000
2017 457,319,000,000
2018 473,314,000,000
2019 479,681,000,000
2020 453,821,000,000

GDP, PPP (current international $)

The latest value for GDP, PPP (current international $) in Singapore was 560,166,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 585,034,000,000 in 2019 and 72,583,220,000 in 1990.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 72,583,220,000
1991 80,056,710,000
1992 87,317,790,000
1993 99,633,810,000
1994 113,055,000,000
1995 123,737,000,000
1996 135,417,000,000
1997 149,306,000,000
1998 147,672,000,000
1999 158,379,000,000
2000 176,555,000,000
2001 178,499,000,000
2002 188,421,000,000
2003 200,625,000,000
2004 226,257,000,000
2005 250,474,000,000
2006 281,292,000,000
2007 314,908,000,000
2008 327,031,000,000
2009 329,923,000,000
2010 382,249,000,000
2011 414,967,000,000
2012 435,965,000,000
2013 448,140,000,000
2014 461,772,000,000
2015 481,405,000,000
2016 501,388,000,000
2017 535,131,000,000
2018 567,145,000,000
2019 585,034,000,000
2020 560,166,000,000

GDP, PPP (constant 2011 international $)

The latest value for GDP, PPP (constant 2011 international $) in Singapore was 531,038,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 561,297,000,000 in 2019 and 114,000,000,000 in 1990.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 114,000,000,000
1991 121,625,000,000
1992 129,701,000,000
1993 144,568,000,000
1994 160,612,000,000
1995 172,177,000,000
1996 185,041,000,000
1997 200,436,000,000
1998 196,036,000,000
1999 207,257,000,000
2000 225,992,000,000
2001 223,576,000,000
2002 232,328,000,000
2003 242,866,000,000
2004 266,714,000,000
2005 286,342,000,000
2006 312,127,000,000
2007 340,288,000,000
2008 346,645,000,000
2009 347,064,000,000
2010 397,478,000,000
2011 422,669,000,000
2012 441,527,000,000
2013 462,885,000,000
2014 481,114,000,000
2015 495,492,000,000
2016 511,987,000,000
2017 535,131,000,000
2018 553,847,000,000
2019 561,297,000,000
2020 531,038,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts