Key data points
Last release
—
Observation period
2023
Next release
—
Forecast
—
Highest
501.43 B USD on Dec 31, 2023
Lowest
700.00 M USD on Dec 31, 1960
About Singapore GDP
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.
Related indicators
Frequently Asked Questions
One of the ways to count Singapore GDP is to add up its consumer spending, business investment, government spending, and net exports.
In 2023 Singapore GDP was 501.43 B USD, and the year before it reached 498.47 B USD.
Singapore GDP accounts for 0.47% of the world GDP.
In 2023 Singapore GDP per capita was 65.42 K USD, and in 2022 it reached 67.95 K USD. GDP per capita is gross domestic product divided by a country's population.
Last quarter Singapore real GDP was 140.84 B SGD, the quarter before it reached 140.71 B SGD.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
The highest figure Singapore GDP has ever reached is 501.43 B USD.
The lowest ever value Singapore GDP has reached is 700 M USD.