Singapore GDP Growth Rate 2007-2015 | Data | Chart | Calendar | Forecast

The Gross Domestic Product (GDP) in Singapore expanded 3.20 percent in the first quarter of 2015 over the previous quarter. GDP Growth Rate in Singapore averaged 5.12 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.

      Forecast
Singapore GDP Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
3.20 4.90 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. Content for - Singapore GDP Growth Rate - was last refreshed on Wednesday, July 8, 2015.

Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-02-17 12:00 AM Q4 4.9% 2.6% (R) 2.1% 1.6%
2015-04-14 01:00 AM Q1 1.1% 4.9% 0.5% 0.7%
2015-05-26 01:00 AM Q1 3.2% 4.9% 1.8% 1.1%
2015-07-14 01:00 AM Q2 3.2% 8.87%
2015-08-12 01:00 AM Q2 3.2%
2015-10-14 01:00 AM Q3 3.79%

Singapore GDP Last Previous Highest Lowest Unit
GDP 307.87 302.25 307.87 0.70 USD Billion [+]
GDP Growth Rate 3.20 4.90 36.40 -13.00 percent [+]
GDP Annual Growth Rate 2.60 2.10 19.80 -8.90 percent [+]
GDP Constant Prices 97051.10 96289.00 97051.10 7052.10 SGD Million [+]
Gross National Product 378329.70 366618.40 378329.70 2195.90 SGD Million [+]
GDP per capita 38087.89 36897.87 38087.89 2529.86 USD [+]
Gross Fixed Capital Formation 24614.90 24332.20 25202.50 1860.50 SGD Million [+]
GDP per capita PPP 78958.09 76236.79 78958.09 34202.17 USD [+]


GDP Growth Rate Reference Previous Highest Lowest Unit
Australia 0.90 Mar/15 0.50 4.50 -2.00 percent [+]
Brazil -0.20 Mar/15 0.30 4.50 -4.20 percent [+]
Canada -0.10 Mar/15 0.60 3.33 -1.80 percent [+]
China 1.30 Mar/15 1.50 2.50 1.30 percent [+]
Euro Area 0.40 Mar/15 0.40 1.30 -2.90 percent [+]
France 0.60 Mar/15 0.10 7.70 -5.00 percent [+]
Germany 0.30 Mar/15 0.70 2.10 -3.70 percent [+]
India 4.10 Mar/15 3.10 7.40 -3.40 percent [+]
Indonesia -0.18 Mar/15 -2.06 3.83 -3.57 percent [+]
Italy 0.30 Mar/15 0.00 6.00 -3.50 percent [+]
Japan 1.00 Mar/15 0.30 3.20 -4.00 percent [+]
Mexico 0.40 Mar/15 0.70 2.90 -6.60 percent [+]
Netherlands 0.60 Mar/15 0.90 2.00 -2.20 percent [+]
Russia -1.29 Mar/15 -0.55 4.10 -5.40 percent [+]
South Korea 0.80 Mar/15 0.30 6.80 -7.00 percent [+]
Spain 1.00 Jun/15 0.90 1.53 -1.60 percent [+]
Switzerland -0.20 Mar/15 0.50 1.90 -2.20 percent [+]
Turkey 1.30 Mar/15 0.80 6.69 -7.57 percent [+]
United Kingdom 0.40 Mar/15 0.80 5.00 -2.70 percent [+]
United States -0.20 Mar/15 2.20 16.90 -10.00 percent [+]