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COUNTRY OUTLOOK / SG

Singapore

Exchange rate band · ISO:SG

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Separate policy frameworkTarget · 31 Oct 2026Issued · 15 Sep 2026, 02:54 UTCRESEARCH ONLY
CapitalSingapore
RegionEast Asia & Pacific
Income groupHigh income
CurrencySingapore dollar
GDP$603.87B2025 · current US$
Real GDP growth5.03%2025 · annual %
Population6.11M2025 · people
GDP per capita$98,813.982025 · current US$

Latest available annual observations; years differ by indicator. Monetary values use the stated current-price basis and are not forecasts. World Bank data fetched 2026-09-15.

Economic structure

2025 · share of GDP

Broad sectors use the latest common year. Manufacturing is included in industry. Shares can total less than 100% because of taxes and accounting adjustments.

Singapore's largest reported broad sector is services in 2025.

Monetary & research context

Policy authorityISO:SG
Policy frameworkexchange rate band
Native targetsneer policy band stance
Decision evidence0
Calendar evidence0
Communication records0

Evidence counts include research inputs; they do not establish live coverage or independent observations. A country's economic composition is descriptive and does not establish what caused a model forecast.

Country events & results ↗

Explore annual trends

Real GDP growth

5.03% · 2025 · annual %

Real GDP growth · annual %-3.61%3.27%10.14%2014: 3.93554027709007 annual %2015: 2.97679931634806 annual %2016: 3.91095306322606 annual %2017: 4.32679370770501 annual %2018: 3.18660848474074 annual %2019: 1.15877947300108 annual %2020: -3.61084281729929 annual %2021: 10.1410845197192 annual %2022: 4.01027884472296 annual %2023: 1.45026775889565 annual %2024: 5.3435120192366 annual %2025: 5.02588199508003 annual %20142025
View annual observations
YearValue (annual %)
20255.026
20245.344
20231.450
20224.010
202110.141
2020-3.611
20191.159
20183.187
20174.327
20163.911
20152.977
20143.936
World Bank source & definition ↗

Economy

GDP$603.87B2025 · current US$Source & definition ↗
Real GDP growth5.03%2025 · annual %Source & definition ↗
GDP per capita$98,813.982025 · current US$Source & definition ↗
GDP at purchasing power parityInt$ 998.28B2025 · current international $Source & definition ↗

People

Population6.11M2025 · peopleSource & definition ↗
Population growth1.22%2025 · annual %Source & definition ↗
Urban population100.00%2025 · % of populationSource & definition ↗
Life expectancy83.352024 · yearsSource & definition ↗
Unemployment · ILO estimate2.82%2025 · % of labor forceSource & definition ↗
Labor force participation · ages 15+69.67%2025 · % of population ages 15+Source & definition ↗

Sectors

Agriculture, forestry & fishing0.02%2025 · % of GDPSource & definition ↗
Industry including construction22.67%2025 · % of GDPSource & definition ↗
Services71.59%2025 · % of GDPSource & definition ↗
Manufacturing17.43%2025 · % of GDPSource & definition ↗

Trade & investment

Exports of goods & services177.85%2025 · % of GDPSource & definition ↗
Imports of goods & services142.45%2025 · % of GDPSource & definition ↗
Current account balance16.71%2025 · % of GDPSource & definition ↗
Foreign direct investment · net inflows26.34%2025 · % of GDPSource & definition ↗

Money & public finance

Consumer inflation0.90%2025 · annual %Source & definition ↗
Central government debt167.80%2024 · % of GDPSource & definition ↗
Tax revenue13.56%2024 · % of GDPSource & definition ↗
Government cash surplus / deficitNot available% of GDP
Domestic credit to private sector128.43%2020 · % of GDPSource & definition ↗
Total reserves including gold$432.11B2025 · current US$Source & definition ↗

Infrastructure

Internet use94.38%2024 · % of populationSource & definition ↗
Access to electricity100.00%2024 · % of populationSource & definition ↗

Geography

Surface area7282023 · square kmSource & definition ↗

Government debt covers central government, which can differ substantially from general-government debt. Indicator definitions, estimation methods and coverage differ. Latest available does not mean current-year: older observations remain explicitly dated. Source: World Bank WDI and its underlying contributors.

i

Every forecast has a boundary.This is a dated research snapshot, not an automatically updating market feed. Source gaps, model limitations, and adverse results are retained.

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