Singapore GDP Growth Rate  2007-2016 | Data | Chart | Calendar | Forecast

Singaporean economy advanced 5.7 percent on a quarter-on-quarter seasonally-adjusted annualized basis in the three months to December of 2015, compared to a downwardly revised 1.7 percent expansion in the preceding quarter and staying well above market expectations of 1.7 percent, according to preliminary estimates. It was the highest growth rate since the fourth quarter of 2013, as the services sector advanced 6.5 percent and construction expanded 7 percent; while the manufacturing sector contracted by 3.1 percent. GDP Growth Rate in Singapore averaged 4.84 percent from 2007 until 2015, reaching an all time high of 36.40 percent in the first quarter of 2010 and a record low of -13 percent in the third quarter of 2010. GDP Growth Rate in Singapore is reported by the Statistics Singapore.

Singapore GDP Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
5.70 1.90 36.40 -13.00 2007 - 2015 percent Quarterly
SA
Since gaining independence in 1963, Singaporean economy has been growing rapidly and as a result the country has now one of the highest GDP per capita in the world. The economy depends heavily on foreign trade; both from port activities and from exports of electronic components and refined oil. The country is a leading foreign direct investment recipient due to its status of one of the freest, most competitive and most business-friendly economies in the world. Singapore is also an important financial center. This page provides - Singapore GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Singapore GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on February of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-10-14 01:00 AM Q3 0.1% -2.5% -0.1% -0.3%
2015-11-25 12:00 AM Q3 1.9% -2.6% 0.0% 0.1%
2016-01-04 12:00 AM Q4 5.7% 1.7% 1.7% 0.1%
2016-02-26 12:00 AM Q4 1.7% 5.7%
2016-04-14 01:00 AM Q1 0.45%
2016-05-26 01:00 AM Q1

Singapore GDP Last Previous Highest Lowest Unit
GDP Growth Rate 5.70 1.90 36.40 -13.00 percent [+]
GDP Annual Growth Rate 2.00 1.90 18.90 -8.80 percent [+]
GDP 307.86 302.25 307.86 0.70 USD Billion [+]
GDP Constant Prices 96930.50 96469.50 97112.80 7052.10 SGD Million [+]
Gross National Product 378329.70 366618.40 378329.70 2195.90 SGD Million [+]
Gross Fixed Capital Formation 23865.20 24201.60 25202.50 1860.50 SGD Million [+]
GDP per capita 38087.89 36897.87 38087.89 2529.86 USD [+]
GDP per capita PPP 78958.09 76236.79 78958.09 34202.17 USD [+]
GDP From Construction 4619.20 4638.00 4638.00 508.90 SGD Million [+]
GDP From Manufacturing 17164.30 17369.10 18700.50 1303.30 SGD Million [+]
GDP From Mining 65882.70 65319.00 65882.70 4133.60 SGD Million [+]
GDP From Services 18432.40 18196.20 18432.40 1333.10 SGD Million [+]
GDP From Transport 7394.80 7290.00 7493.50 543.10 SGD Million [+]
GDP From Utilities 1330.50 1326.60 1330.50 130.20 SGD Million [+]




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