Singapore GDP Growth Rate  1975-2016 | Data | Chart | Calendar | Forecast

The Singaporean economy contracted a seasonally-adjusted annualized 2 percent on quarter in the three months to September of 2016, compared to a 4.1 percent decline in preliminary estimates. Markets were expecting a 2.5 percent contraction. GDP Growth Rate in Singapore averaged 6.82 percent from 1975 until 2016, reaching an all time high of 37.20 percent in the first quarter of 2010 and a record low of -13.50 percent in the fourth quarter of 2008.

Singapore GDP Growth Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-08-11 12:00 AM Q2 0.3% 0.1% 0.8% 0.8%
2016-10-14 12:00 AM Q3 -4.1% 0.2% 0.3% 0.7%
2016-11-24 12:00 AM Q3 -2% 0.1% -2.5% -3.9%
2017-01-04 12:00 AM Q4
2017-02-24 12:00 AM Q4
2017-04-14 12:00 AM Q1




Singapore GDP Last Previous Highest Lowest Unit
GDP Growth Rate -2.00 0.10 37.20 -13.50 percent [+]
GDP Annual Growth Rate 1.10 2.00 18.90 -8.80 percent [+]
GDP 292.74 306.34 306.34 0.70 USD Billion [+]
GDP Constant Prices 98684.20 99245.30 99245.30 7052.30 SGD Million [+]
Gross National Product 378329.70 366618.40 378329.70 2195.90 SGD Million [+]
Gross Fixed Capital Formation 23538.70 25123.20 26184.70 1860.50 SGD Million [+]
GDP per capita 51855.08 51440.82 51855.08 3389.56 USD [+]
GDP per capita PPP 80191.54 79550.90 80191.54 34298.03 USD [+]
GDP From Construction 4743.80 4815.00 4815.00 508.90 SGD Million [+]
GDP From Manufacturing 17391.00 17755.10 18606.30 1303.30 SGD Million [+]
GDP From Mining 66481.00 66784.30 67723.20 4133.60 SGD Million [+]
GDP From Services 18509.50 18861.50 18990.40 1333.10 SGD Million [+]
GDP From Transport 7535.40 7649.60 7649.60 543.10 SGD Million [+]
GDP From Utilities 1341.90 1361.80 1361.80 130.20 SGD Million [+]



Singapore GDP Growth Rate Notes

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 December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
-2.00 0.10 37.20 -13.50 1975 - 2016 percent Quarterly
SA



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Portugal 0.80 Sep/16
Bulgaria 0.70 Sep/16
Cyprus 0.70 Sep/16
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Slovakia 0.70 Sep/16
Spain 0.70 Sep/16
Chile 0.60 Sep/16
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Romania 0.60 Sep/16
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Thailand 0.60 Sep/16
Bosnia and Herzegovina 0.50 Jun/16
Croatia 0.50 Jun/16
Paraguay 0.50 Sep/16
Sweden 0.50 Sep/16
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Austria 0.40 Sep/16
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European Union 0.40 Sep/16
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Ukraine 0.40 Sep/16
Cameroon 0.30 Mar/16
Colombia 0.30 Sep/16
Euro Area 0.30 Sep/16
Hungary 0.30 Sep/16
Italy 0.30 Sep/16
Japan 0.30 Sep/16
Turkey 0.30 Jun/16
Belgium 0.20 Sep/16
Czech Republic 0.20 Sep/16
Estonia 0.20 Sep/16
France 0.20 Sep/16
Germany 0.20 Sep/16
Latvia 0.20 Sep/16
Malta 0.20 Jun/16
Mozambique 0.20 Sep/16
Poland 0.20 Sep/16
South Africa 0.20 Sep/16
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Lithuania 0.10 Sep/16
Belize 0.05 Jun/16
Serbia 0.00 Jun/16
Switzerland 0.00 Sep/16
Uruguay 0.00 Jun/16
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Norway -0.50 Sep/16
Bolivia -0.56 Mar/16
Russia -0.57 Sep/15
Brazil -0.80 Sep/16
Botswana -1.30 Jun/16
Rwanda -1.40 Jun/16
Dominican Republic -1.67 Mar/16
Singapore -2.00 Sep/16
Argentina -2.10 Jun/16
Senegal -2.50 Jun/16
Trinidad And Tobago -3.90 Mar/16
Namibia -6.20 Jun/16