sg Singapore

Comprehensive economic analysis featuring GDP, inflation, unemployment, and other key economic indicators from 2010 to 2025.

16 Years of Data

13 Economic Indicators

Key Economic Indicators

GDP (Current USD)

$542.79 billion

2025
Est. ↑ 4.1%
GDP per Capita

$91,724.14

2025
Est. ↑ 4.1%
GDP Growth (Annual %)

4.14%

2025
↑ 5.01% from previous year
Inflation Rate (CPI %)

2.46%

2025
Estimated
Unemployment Rate
3.03% (2025) Est.
Exports
N/A
Imports
N/A
FDI Inflow
N/A

Historical Economic Trends (2010-2025)

GDP Trend
GDP Growth Rate
Inflation Rate (CPI)
Unemployment Rate

Economic Analysis

GDP Overview

Singapore has faced economic challenges in recent years, with GDP showing a declining trend. As of 2025, the GDP is $542.79 billion. Various factors including global economic conditions and domestic policy changes may have contributed to this pattern.

Inflation Trends

Inflation in Singapore has remained within a moderate range, averaging 2.15%, which is generally considered healthy for economic growth. The current rate stands at 2.46%.

Historical Economic Data

Economic indicators for Singapore
Year GDP (USD) GDP per Capita GDP Growth (%) Inflation (CPI %) Unemployment (%)
2025 $542.79 billion $91,724.14 4.14% 2.46% 3.03%
2024 $521.20 billion $88,076.19 3.94% 2.37% 3.18%
2023 $501.43 billion $84,734.26 1.08% 4.82% 3.44%
2022 $498.47 billion $88,428.70 3.84% 6.12% 3.59%
2021 $434.11 billion $79,601.41 9.69% 2.30% 4.64%
2020 $349.49 billion $61,466.80 -3.87% -0.18% 4.10%
2019 $376.90 billion $66,081.72 1.35% 0.57% 3.10%
2018 $376.89 billion $66,840.64 3.52% 0.44% 3.61%
2017 $343.26 billion $61,162.10 4.51% 0.58% 4.20%
2016 $319.05 billion $56,899.92 3.59% -0.53% 4.08%
2015 $308.00 billion $55,645.61 2.98% -0.52% 3.79%
2014 $314.86 billion $57,564.80 3.94% 1.03% 3.74%
2013 $307.58 billion $56,967.43 4.82% 2.36% 3.86%
2012 $295.09 billion $55,547.56 4.44% 4.58% 3.72%
2011 $279.36 billion $53,891.46 6.21% 5.25% 3.89%
2010 $239.81 billion $47,236.68 14.52% 2.82% 4.12%

Detailed Data by Year

Frequently Asked Questions

As of 2025, Singapore's Gross Domestic Product (GDP) is $542.79 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Singapore for 2025 is $91,724.14. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Singapore for 2025 is 2.46%. This measures the annual percentage change in the cost of consumer goods and services.

Singapore's annual GDP growth rate for 2025 is 4.14%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Singapore for 2025 is 3.03%. This represents the percentage of the labor force that is unemployed and actively seeking employment.