Singapore GDP Growth Rate  1975-2017 | Data | Chart | Calendar | Forecast

Singapore's economy grew a seasonally adjusted annualized 9.1 percent on quarter in the three months to December of 2016, following a downwardly revised 1.9 percent contraction in the previous period and beating market expectations of a 3.7 percent expansion, the preliminary estimate showed. It was the strongest growth rate since the second quarter of 2013, mainly due to a rebound in manufacturing (+14.6 percent from -8.1 percent in Q3) and services (+9.4 percent from -0.4 percent) while construction continued to fall (-4.7 percent from -14.8 percent). GDP Growth Rate in Singapore averaged 6.84 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)
2016-10-14 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%
2017-01-03 12:00 AM Q4 9.1% -1.9% 3.7% 3.2%
2017-02-24 12:00 AM Q4 -1.9% 3.29%
2017-04-14 12:00 AM Q1 0.3%
2017-05-26 12:00 AM Q1 0.3%




Singapore GDP Last Previous Highest Lowest Unit
GDP Growth Rate 9.10 -1.90 37.20 -13.50 percent [+]
GDP Annual Growth Rate 1.80 1.20 18.90 -8.80 percent [+]
GDP 292.74 306.34 306.34 0.70 USD Billion [+]
GDP Constant Prices 98684.20 99180.30 99180.30 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 January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
9.10 -1.90 37.20 -13.50 1975 - 2016 percent Quarterly
SA



Last
Singapore 9.10 Dec/16
Nigeria 8.99 Sep/16
Bangladesh 7.05 Dec/16
Venezuela 6.80 Dec/13
Vietnam 6.68 Dec/16
Namibia 6.00 Sep/16
Egypt 4.90 Mar/16
Rwanda 4.80 Sep/16
Iceland 4.70 Sep/16
Cape Verde 4.50 Dec/14
Morocco 4.50 Dec/15
Pakistan 4.24 Dec/15
Sri Lanka 4.10 Sep/16
Algeria 4.00 Dec/14
Ireland 4.00 Sep/16
Macedonia 3.90 Mar/14
United Arab Emirates 3.90 Dec/15
Qatar 3.60 Sep/16
United States 3.50 Sep/16
Indonesia 3.20 Sep/16
Mauritius 3.10 Sep/16
Angola 3.00 Dec/16
Peru 2.00 Sep/16
China 1.80 Sep/16
India 1.80 Sep/16
Bahrain 1.70 Sep/16
Croatia 1.70 Sep/16
Malaysia 1.50 Sep/16
Tanzania 1.50 Sep/10
Mongolia 1.40 Jun/16
Kazakhstan 1.26 Dec/13
Philippines 1.20 Sep/16
Costa Rica 1.15 Sep/16
New Zealand 1.10 Sep/16
Uruguay 1.10 Sep/16
Mexico 1.00 Sep/16
Slovenia 1.00 Sep/16
Taiwan 0.96 Sep/16
Albania 0.90 Sep/16
Canada 0.90 Sep/16
Israel 0.90 Sep/16
Jamaica 0.90 Sep/16
Saudi Arabia 0.90 Sep/16
Greece 0.80 Sep/16
Netherlands 0.80 Sep/16
Portugal 0.80 Sep/16
Bulgaria 0.70 Sep/16
Cyprus 0.70 Sep/16
Slovakia 0.70 Sep/16
Spain 0.70 Sep/16
Bosnia and Herzegovina 0.60 Sep/16
Chile 0.60 Sep/16
Ghana 0.60 Jun/16
Hong Kong 0.60 Sep/16
Moldova 0.60 Jun/16
Romania 0.60 Sep/16
South Korea 0.60 Sep/16
Thailand 0.60 Sep/16
United Kingdom 0.60 Sep/16
Ecuador 0.50 Sep/16
Paraguay 0.50 Sep/16
Sweden 0.50 Sep/16
Ukraine 0.50 Sep/16
Austria 0.40 Sep/16
Denmark 0.40 Sep/16
European Union 0.40 Sep/16
Finland 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
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
Tunisia 0.20 Sep/16
El Salvador 0.13 Sep/16
Kenya 0.10 Sep/16
Lithuania 0.10 Sep/16
Belize 0.04 Sep/16
Serbia 0.00 Jun/16
Switzerland 0.00 Sep/16
Luxembourg -0.10 Sep/16
Argentina -0.20 Sep/16
Uganda -0.20 Sep/16
Australia -0.50 Sep/16
Norway -0.50 Sep/16
Bolivia -0.56 Mar/16
Russia -0.57 Sep/15
Botswana -0.80 Sep/16
Brazil -0.80 Sep/16
Senegal -1.70 Sep/16
Dominican Republic -2.18 Sep/16
Turkey -2.70 Sep/16
Trinidad And Tobago -2.80 Jun/16