Singapore 2022
Detailed economic analysis and indicators for 2022
Key Economic Indicators (2022)
GDP (Current USD)
$498.47 billion
↑ 14.83% vs 2021GDP per Capita
$88,428.70
↑ 11.09% vs 2021GDP Growth (Annual %)
3.84%
↓ 5.85pp vs 2021Inflation Rate (CPI %)
6.12%
↑ 3.82pp vs 2021Year-over-Year Comparison
| Indicator | 2021 | 2022 | Change |
|---|---|---|---|
| GDP (Current USD) | $434.11 billion | $498.47 billion | +14.83% |
| GDP per Capita | $79,601.41 | $88,428.70 | +11.09% |
| GDP Growth (Annual %) | 9.69% | 3.84% | -5.85pp |
| Inflation (CPI %) | 2.30% | 6.12% | +3.82pp |
| Unemployment Rate (%) | 4.64% | 3.59% | -1.05pp |
All Economic Indicators (2022)
National Accounts
- GDP (Current USD)
- $498.47 billion
- GDP per Capita
- $88,428.70
- GDP Growth (Annual %)
- 3.84%
- Gross National Income
- $402.95 billion
Prices & Employment
- Inflation (CPI %)
- 6.12%
- Inflation (GDP Deflator %)
- 13.48%
- Unemployment Rate (%)
- 3.59%
- Interest Rate (Real %)
- N/A
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- 18.81%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2022, Singapore's Gross Domestic Product (GDP) is $498.47 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Singapore for 2022 is $88,428.70. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Singapore for 2022 is 6.12%. This measures the annual percentage change in the cost of consumer goods and services.
Singapore's annual GDP growth rate for 2022 is 3.84%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Singapore for 2022 is 3.59%. This represents the percentage of the labor force that is unemployed and actively seeking employment.