Singapore GDP Annual Growth Rate  1976-2016 | Data | Chart | Calendar

The Singapore's economy advanced 2.2 percent year-on-year in the June quarter of 2016, marginally higher than an upwardly revised 2.1 percent growth in the previous quarter and matching consensus, preliminary estimates showed. It was the fastest expansion since the March quarter 2015 as a rebound in manufacturing sector offset a slowdown in construction while services sector growth was steady. On a quarter-on-quarter seasonally-adjusted annualized basis, the economy grew by 0.8 percent, compared to a 0.2 percent expansion in the March quarter but slightly below consensus of a 0.9 percent growth. GDP Annual Growth Rate in Singapore averaged 6.76 percent from 1976 until 2016, reaching an all time high of 18.90 percent in the second quarter of 2010 and a record low of -8.80 percent in the first quarter of 2009. GDP Annual Growth Rate in Singapore is reported by the Statistics Singapore.

Singapore GDP Annual Growth Rate
Receive the next reported value for Singapore GDP Annual Growth Rate in you Inbox



We will not not share your email with third parties and you can unsubscribe at any time.
Please Paste this Code in your Website

Actual Previous Highest Lowest Dates Unit Frequency
2.20 2.10 18.90 -8.80 1976 - 2016 percent Quarterly
In Singapore, services are the biggest sector of the economy and account for 72 percent of GDP. Within services the most important segments are: wholesale and retail trade (18 percent of total GDP); business services (16 percent); finance and insurance (13 percent), transport and storage (10 percent) and information and communications (5 percent). Industry contributes the remaining 28 percent total output. Manufacturing (21 percent) and construction (5 percent) are the most important industry segments. This page provides - Singapore GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Singapore GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on July of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-04-14 12:00 AM Q1 1.8% 1.8% 1.7% 2.0%
2016-05-25 12:00 AM Q1 1.8% 1.8% 1.8% 1.8%
2016-07-14 12:00 AM Q2 2.2% 2.1% 2.2% 2.0%
2016-08-11 12:00 AM Q2 1.8% 2.2%
2016-10-14 12:00 AM Q3 1.6%
2016-11-25 12:00 AM Q3

Singapore GDP Annual Growth Rate Strongest in Over A Year


The Singapore's economy advanced 2.2 percent year-on-year in the June quarter of 2016, marginally higher than an upwardly revised 2.1 percent growth in the previous quarter and matching consensus, preliminary estimates showed. It was the fastest expansion since the March quarter 2015 as a rebound in manufacturing sector offset a slowdown in construction while services sector growth was steady.

Year-on-year, the manufacturing sector expanded by 0.8 percent, a reversal from a 0.5 percent decline in the previous quarter. Growth was supported by an increase in the output of the biomedical manufacturing and electronic clusters.

The construction sector grew by 2.7 percent, slowing from a 4.5 percent expansion in the first quarter. The moderation was largely due to a slowdown in private sector construction activities.

Growth in the services producing industries came in at 1.7 percent, the same pace as in the preceding quarter, mainly driven by the wholesale & retail trade and transportation & storage sectors.

On a quarter-on-quarter seasonally-adjusted annualized basis, the economy grew by 0.8 percent, compared to a 0.2 percent expansion in the March quarter but slightly below consensus of a 0.9 percent growth. All sectors in the economy showed an expansion: manufacturing sector (+0.3 percent from +18.4 percent in the preceding quarter),  construction (+0.6 percent from +3.5 percent) and services (+0.5 percent from -4.8 percent).

Statistics Singapore l Rida Husna | rida@tradingeconomics.com
7/14/2016 4:08:10 AM

Singapore GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.80 0.20 37.20 -13.50 percent [+]
GDP Annual Growth Rate 2.20 2.10 18.90 -8.80 percent [+]
GDP 292.74 306.34 306.34 0.70 USD Billion [+]
GDP Constant Prices 99198.40 99140.80 99198.40 7052.30 SGD Million [+]
Gross National Product 378329.70 366618.40 378329.70 2195.90 SGD Million [+]
Gross Fixed Capital Formation 24063.50 24661.50 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 4855.90 4736.20 4855.90 508.90 SGD Million [+]
GDP From Manufacturing 17879.70 16967.50 18606.30 1303.30 SGD Million [+]
GDP From Mining 666928.00 677232.00 677232.00 4133.60 SGD Million [+]
GDP From Services 18482.50 18990.40 18990.40 1333.10 SGD Million [+]
GDP From Transport 7508.20 7446.10 7547.30 543.10 SGD Million [+]
GDP From Utilities 1359.80 1352.40 1359.80 130.20 SGD Million [+]




Last
Ivory Coast 10.30 Dec/15
Ethiopia 9.60 Dec/15
Papua New Guinea 9.00 Dec/15
Palestine 8.00 Mar/16
India 7.90 Mar/16
Uzbekistan 7.80 Jun/16
Congo 7.70 Dec/15
Rwanda 7.30 Mar/16
Monaco 7.20 Dec/14
Tanzania 7.10 Dec/15
Bangladesh 7.05 Dec/16
Laos 7.00 Dec/15
Myanmar 7.00 Dec/15
Cambodia 6.90 Dec/15
Philippines 6.90 Mar/16
China 6.70 Jun/16
Djibouti 6.70 Dec/15
Tajikistan 6.50 Mar/16
Turkmenistan 6.50 Dec/15
Senegal 6.40 Mar/16
Dominican Republic 6.10 Dec/15
Togo 6.00 Dec/15
Bolivia 5.95 Dec/15
Kenya 5.90 Mar/16
Cape Verde 5.80 Mar/16
Benin 5.70 Dec/15
Chad 5.60 Dec/15
Vietnam 5.55 Jun/16
Bhutan 5.50 Dec/15
Sri Lanka 5.50 Mar/16
Mozambique 5.30 Mar/16
Sao Tome and Principe 5.30 Dec/15
Malta 5.20 Mar/16
Guinea Bissau 5.00 Dec/15
Zambia 5.00 Dec/15
Indonesia 4.92 Mar/16
Angola 4.90 Dec/15
Central African Republic 4.90 Dec/15
Ghana 4.90 Mar/16
Niger 4.90 Dec/15
Sudan 4.90 Dec/15
Costa Rica 4.80 Mar/16
Turkey 4.80 Mar/16
Gambia 4.70 Dec/15
Mali 4.70 Dec/15
Panama 4.60 Mar/16
Bahrain 4.50 Mar/16
Armenia 4.40 Mar/16
Luxembourg 4.40 Mar/16
Peru 4.40 Mar/16
Cuba 4.30 Dec/15
East Timor 4.30 Dec/15
Romania 4.30 Mar/16
Seychelles 4.30 Dec/15
Pakistan 4.24 Dec/15
Burkina Faso 4.20 Dec/15
Gabon 4.20 Dec/15
Iceland 4.20 Mar/16
Malaysia 4.20 Mar/16
Sweden 4.20 Mar/16
Nicaragua 4.10 Mar/16
Fiji 4.00 Dec/15
Qatar 4.00 Dec/15
Algeria 3.90 Dec/15
United Arab Emirates 3.90 Dec/15
Egypt 3.80 Dec/15
Kosovo 3.80 Mar/16
Mauritius 3.70 Mar/16
Brunei 3.60 Mar/16
Honduras 3.60 Dec/15
Namibia 3.50 Mar/16
Serbia 3.50 Mar/16
Lesotho 3.40 Dec/15
Slovakia 3.40 Mar/16
Spain 3.40 Mar/16
Comoros 3.20 Dec/15
South Korea 3.20 Jun/16
Thailand 3.20 Mar/16
Australia 3.10 Mar/16
Mauritania 3.10 Dec/15
Mongolia 3.10 Mar/16
Albania 3.00 Mar/16
Czech Republic 3.00 Mar/16
Guyana 3.00 Dec/15
Madagascar 3.00 Dec/15
Poland 3.00 Mar/16
Bulgaria 2.90 Mar/16
Malawi 2.90 Dec/15
Maldives 2.90 Dec/15
Botswana 2.80 Mar/16
Guatemala 2.80 Mar/16
New Zealand 2.80 Mar/16
Croatia 2.70 Mar/16
Cyprus 2.70 Mar/16
Cameroon 2.60 Dec/15
El Salvador 2.60 Dec/15
Georgia 2.60 Mar/16
Mexico 2.60 Mar/16
Somalia 2.60 Dec/14
Colombia 2.50 Mar/16
Lithuania 2.50 Mar/16
Slovenia 2.50 Mar/16
Iraq 2.40 Dec/15
Ireland 2.30 Mar/16
Jordan 2.30 Mar/16
Singapore 2.20 Jun/16
Afghanistan 2.10 Dec/15
Bosnia and Herzegovina 2.10 Mar/16
Latvia 2.10 Mar/16
United States 2.10 Mar/16
Chile 2.00 Mar/16
Macedonia 2.00 Mar/16
United Kingdom 2.00 Mar/16
Cayman Islands 1.90 Sep/15
European Union 1.80 Mar/16
Estonia 1.70 Mar/16
Euro Area 1.70 Mar/16
Haiti 1.70 Dec/15
Israel 1.70 Mar/16
Swaziland 1.70 Dec/15
Austria 1.60 Mar/16
Finland 1.60 Mar/16
Belgium 1.50 Mar/16
Netherlands 1.50 Mar/16
Paraguay 1.50 Mar/16
Saudi Arabia 1.50 Mar/16
Zimbabwe 1.50 Dec/15
Morocco 1.40 Jun/16
France 1.30 Mar/16
Germany 1.30 Mar/16
Bahamas 1.20 Dec/15
Republic of the Congo 1.20 Dec/15
Canada 1.10 Mar/16
Montenegro 1.10 Mar/16
Italy 1.00 Mar/16
Lebanon 1.00 Dec/15
Tunisia 1.00 Mar/16
Barbados 0.90 Dec/15
Hungary 0.90 Mar/16
Portugal 0.90 Mar/16
Hong Kong 0.80 Mar/16
Moldova 0.80 Mar/16
Nepal 0.77 Dec/15
Jamaica 0.70 Dec/15
Norway 0.70 Mar/16
Switzerland 0.70 Mar/16
Iran 0.60 Mar/15
Argentina 0.49 Mar/16
Denmark 0.30 Mar/16
Eritrea 0.30 Dec/15
Liberia 0.30 Dec/15
New Caledonia 0.30 Dec/14
Suriname 0.20 Dec/15
Guinea 0.10 Dec/15
Japan 0.10 Mar/16
Kazakhstan 0.10 Jun/16
Ukraine 0.10 Mar/16
South Africa -0.20 Mar/16
Nigeria -0.40 Mar/16
Uruguay -0.50 Mar/16
Puerto Rico -0.60 Dec/15
Taiwan -0.68 Mar/16
Liechtenstein -0.80 Dec/14
North Korea -1.10 Dec/15
Russia -1.20 Mar/16
Greece -1.30 Mar/16
Uganda -1.30 Mar/16
Kuwait -1.60 Dec/14
Belize -1.96 Mar/16
Kyrgyzstan -2.30 Jun/16
Syria -2.30 Dec/11
Ecuador -3.00 Mar/16
Trinidad and Tobago -3.00 Dec/15
Azerbaijan -3.50 Mar/16
Belarus -3.60 Mar/16
Burundi -4.10 Dec/15
South Sudan -5.30 Dec/15
Brazil -5.40 Mar/16
Libya -6.00 Dec/15
Venezuela -7.10 Sep/15
Equatorial Guinea -10.60 Dec/15
Macau -13.30 Mar/16
Oman -14.10 Dec/15
Sierra Leone -21.50 Dec/15
Yemen -28.10 Dec/15