Singapore |
Gross domestic product, constant prices |
National currency |
Billions |
Source: National Statistics Office
Latest actual data: 2020
National accounts manual used: System of National Accounts (SNA) 2008
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 2015
Chain-weighted: Yes, from 2015
Primary domestic currency: Singapore dollar
Data last updated: 08/2021
|
479.681 |
453.821 |
481.184 |
496.679 |
510.238 |
523.722 |
536.744 |
550.288 |
2020 |
Singapore |
Gross domestic product, constant prices |
Percent change |
|
See notes for:
Gross domestic product, constant prices (National currency).
|
1.345 |
-5.391 |
6.029 |
3.220 |
2.730 |
2.643 |
2.487 |
2.523 |
2020 |
Singapore |
Gross domestic product, current prices |
National currency |
Billions |
Source: National Statistics Office
Latest actual data: 2020
National accounts manual used: System of National Accounts (SNA) 2008
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 2015
Chain-weighted: Yes, from 2015
Primary domestic currency: Singapore dollar
Data last updated: 08/2021
|
510.738 |
469.096 |
502.854 |
526.583 |
549.106 |
572.119 |
595.082 |
619.135 |
2020 |
Singapore |
Gross domestic product, current prices |
U.S. dollars |
Billions |
See notes for:
Gross domestic product, current prices (National currency).
|
374.390 |
339.981 |
378.645 |
396.995 |
418.390 |
440.071 |
461.509 |
483.455 |
2020 |
Singapore |
Gross domestic product, current prices |
Purchasing power parity; international dollars |
Billions |
See notes for:
Gross domestic product, current prices (National currency).
|
584.987 |
560.120 |
615.293 |
652.586 |
686.354 |
720.549 |
754.508 |
789.576 |
2020 |
Singapore |
Gross domestic product, deflator |
Index |
|
See notes for:
Gross domestic product, constant prices (National currency)
Gross domestic product, current prices (National currency).
|
106.474 |
103.366 |
104.503 |
106.021 |
107.618 |
109.241 |
110.869 |
112.511 |
2020 |
Singapore |
Gross domestic product per capita, constant prices |
National currency |
Units |
See notes for:
Gross domestic product, constant prices (National currency)
Population (Persons).
|
84,101.884 |
79,816.497 |
84,207.935 |
86,487.059 |
88,406.096 |
90,290.945 |
92,075.662 |
93,929.471 |
2020 |
Singapore |
Gross domestic product per capita, constant prices |
Purchasing power parity; 2017 international dollar |
Units |
See notes for:
Gross domestic product, constant prices (National currency)
Population (Persons).
|
98,411.582 |
93,397.049 |
98,535.677 |
101,202.587 |
103,448.144 |
105,653.694 |
107,742.075 |
109,911.305 |
2020 |
Singapore |
Gross domestic product per capita, current prices |
National currency |
Units |
See notes for:
Gross domestic product, current prices (National currency)
Population (Persons).
|
89,547.054 |
82,502.959 |
88,000.208 |
91,694.399 |
95,140.686 |
98,634.748 |
102,083.218 |
105,680.946 |
2020 |
Singapore |
Gross domestic product per capita, current prices |
U.S. dollars |
Units |
See notes for:
Gross domestic product, current prices (National currency)
Population (Persons).
|
65,641.309 |
59,794.596 |
66,263.418 |
69,129.035 |
72,492.127 |
75,869.289 |
79,169.488 |
82,521.651 |
2020 |
Singapore |
Gross domestic product per capita, current prices |
Purchasing power parity; international dollars |
Units |
See notes for:
Gross domestic product, current prices (National currency)
Population (Persons).
|
102,565.040 |
98,511.882 |
107,677.221 |
113,635.448 |
118,920.778 |
124,224.551 |
129,431.866 |
134,773.877 |
2020 |
Singapore |
Gross domestic product based on purchasing-power-parity (PPP) share of world total |
Percent |
|
See notes for:
Gross domestic product, current prices (National currency).
|
0.434 |
0.424 |
0.425 |
0.419 |
0.415 |
0.413 |
0.409 |
0.407 |
2020 |
Singapore |
Implied PPP conversion rate |
National currency per current international dollar |
|
See notes for:
Gross domestic product, current prices (National currency).
|
0.873 |
0.837 |
0.817 |
0.807 |
0.800 |
0.794 |
0.789 |
0.784 |
2020 |
Singapore |
Total investment |
Percent of GDP |
|
Source: National Statistics Office
Latest actual data: 2020
National accounts manual used: System of National Accounts (SNA) 2008
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 2015
Chain-weighted: Yes, from 2015
Primary domestic currency: Singapore dollar
Data last updated: 08/2021
|
24.659 |
22.619 |
23.250 |
23.638 |
23.781 |
24.177 |
24.415 |
24.587 |
2020 |
Singapore |
Gross national savings |
Percent of GDP |
|
Source: National Statistics Office
Latest actual data: 2020
National accounts manual used: System of National Accounts (SNA) 2008
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 2015
Chain-weighted: Yes, from 2015
Primary domestic currency: Singapore dollar
Data last updated: 08/2021
|
38.921 |
40.204 |
39.128 |
39.334 |
39.306 |
39.448 |
39.537 |
39.490 |
2020 |
Singapore |
Inflation, average consumer prices |
Index |
|
Source: National Statistics Office
Latest actual data: 2020
Harmonized prices: No
Frequency of source data: Monthly
Base year: 2019
Primary domestic currency: Singapore dollar
Data last updated: 08/2021
|
100.000 |
99.818 |
101.375 |
102.854 |
104.403 |
105.977 |
107.557 |
109.150 |
2020 |
Singapore |
Inflation, average consumer prices |
Percent change |
|
See notes for:
Inflation, average consumer prices (Index).
|
0.565 |
-0.182 |
1.560 |
1.459 |
1.506 |
1.508 |
1.491 |
1.481 |
2020 |
Singapore |
Inflation, end of period consumer prices |
Index |
|
Source: National Statistics Office
Latest actual data: 2020
Harmonized prices: No
Frequency of source data: Monthly
Base year: 2019
Primary domestic currency: Singapore dollar
Data last updated: 08/2021
|
100.445 |
100.469 |
101.823 |
103.531 |
105.091 |
106.675 |
108.265 |
109.868 |
2020 |
Singapore |
Inflation, end of period consumer prices |
Percent change |
|
See notes for:
Inflation, end of period consumer prices (Index).
|
0.761 |
0.024 |
1.348 |
1.677 |
1.506 |
1.508 |
1.491 |
1.481 |
2020 |
Singapore |
Volume of imports of goods and services |
Percent change |
|
Source: Data is sourced from "Enterprise Singapore", a government agency that compiles Trade data. Data retrieved from CEIC.
Latest actual data: 2020
Base year: 2005
Methodology used to derive volumes: Deflation by unit value indexes (from customs data)
Formula used to derive volumes: Other
Chain-weighted: No
Trade System: General trade
Oil coverage: Primary or unrefined products;
Valuation of exports: Free on board (FOB)
Valuation of imports: Cost, insurance, freight (CIF)
Primary domestic currency: Singapore dollar
Data last updated: 08/2021
|
0.211 |
-7.076 |
6.644 |
6.408 |
4.060 |
3.972 |
3.976 |
3.969 |
2020 |
Singapore |
Volume of Imports of goods |
Percent change |
|
Source: Data is sourced from "Enterprise Singapore", a government agency that compiles Trade data. Data retrieved from CEIC.
Latest actual data: 2020
Base year: 2005
Methodology used to derive volumes: Deflation by unit value indexes (from customs data)
Formula used to derive volumes: Other
Chain-weighted: No
Trade System: General trade
Oil coverage: Primary or unrefined products;
Valuation of exports: Free on board (FOB)
Valuation of imports: Cost, insurance, freight (CIF)
Primary domestic currency: Singapore dollar
Data last updated: 08/2021
|
-1.634 |
-0.748 |
6.211 |
5.703 |
3.449 |
3.449 |
3.449 |
3.430 |
2020 |
Singapore |
Volume of exports of goods and services |
Percent change |
|
Source: Data is sourced from "Enterprise Singapore", a government agency that compiles Trade data. Data retrieved from CEIC.
Latest actual data: 2020
Base year: 2005
Methodology used to derive volumes: Deflation by unit value indexes (from customs data)
Formula used to derive volumes: Other
Chain-weighted: No
Trade System: General trade
Oil coverage: Primary or unrefined products;
Valuation of exports: Free on board (FOB)
Valuation of imports: Cost, insurance, freight (CIF)
Primary domestic currency: Singapore dollar
Data last updated: 08/2021
|
0.150 |
-4.320 |
7.091 |
5.727 |
3.696 |
3.423 |
3.427 |
3.500 |
2020 |
Singapore |
Volume of exports of goods |
Percent change |
|
Source: Data is sourced from "Enterprise Singapore", a government agency that compiles Trade data. Data retrieved from CEIC.
Latest actual data: 2020
Base year: 2005
Methodology used to derive volumes: Deflation by unit value indexes (from customs data)
Formula used to derive volumes: Other
Chain-weighted: No
Trade System: General trade
Oil coverage: Primary or unrefined products;
Valuation of exports: Free on board (FOB)
Valuation of imports: Cost, insurance, freight (CIF)
Primary domestic currency: Singapore dollar
Data last updated: 08/2021
|
-1.531 |
0.414 |
5.673 |
4.909 |
3.371 |
2.971 |
2.971 |
3.071 |
2020 |
Singapore |
Unemployment rate |
Percent of total labor force |
|
Source: National Statistics Office
Latest actual data: 2020
Employment type: National definition. Prior to 1986 unemployment data excludes non-residents.
Primary domestic currency: Singapore dollar
Data last updated: 08/2021
|
2.250 |
3.000 |
2.700 |
2.500 |
2.400 |
2.300 |
2.200 |
2.200 |
2020 |
Singapore |
Employment |
Persons |
Millions |
Source: National Statistics Office
Latest actual data: 2020
Employment type: National definition. Prior to 1986 unemployment data excludes non-residents.
Primary domestic currency: Singapore dollar
Data last updated: 08/2021
|
3.753 |
3.655 |
3.718 |
3.777 |
n/a |
n/a |
n/a |
n/a |
2020 |
Singapore |
Population |
Persons |
Millions |
Source: National Statistics Office
Latest actual data: 2020
Primary domestic currency: Singapore dollar
Data last updated: 08/2021
|
5.704 |
5.686 |
5.714 |
5.743 |
5.772 |
5.800 |
5.829 |
5.859 |
2020 |
Singapore |
General government revenue |
National currency |
Billions |
Source: National Statistics Office. Data complemented with data from the Ministry of Finance or Treasury
Latest actual data: FY2020/21
Notes: Government debt is issued to deepen the domestic market, to meet the investment needs of the Central Provident Fund, and to provide individuals a long-term savings option.
Fiscal assumptions: For FY2020, estimates are based on budget execution through the end of 2020. FY2021 projections are based on the initial budget of February 16, 2021. The IMF staff assume gradual withdrawal of remaining exception measures in FY2022 and unchanged policies for the remainder of the projection period.
Start/end months of reporting year: April/March
GFS Manual used: Government Finance Statistics Manual (GFSM) 2014
Basis of recording: Cash. Authorities use cash accounting.
General government includes: Central Government;. There is no local government in Singapore and thus the general government only includes central government
Valuation of public debt: Nominal value
Instruments included in gross and net debt: Currency and Deposits; Securities Other than Shares; Shares and Other Equity
Primary domestic currency: Singapore dollar
Data last updated: 08/2021
|
91.491 |
82.748 |
96.196 |
97.833 |
99.786 |
101.344 |
105.296 |
109.722 |
2021 |
Singapore |
General government revenue |
Percent of GDP |
|
See notes for:
General government revenue (National currency).
|
17.986 |
17.582 |
18.980 |
18.409 |
17.962 |
17.548 |
17.367 |
17.237 |
2021 |
Singapore |
General government total expenditure |
National currency |
Billions |
Source: National Statistics Office. Data complemented with data from the Ministry of Finance or Treasury
Latest actual data: FY2020/21
Notes: Government debt is issued to deepen the domestic market, to meet the investment needs of the Central Provident Fund, and to provide individuals a long-term savings option.
Fiscal assumptions: For FY2020, estimates are based on budget execution through the end of 2020. FY2021 projections are based on the initial budget of February 16, 2021. The IMF staff assume gradual withdrawal of remaining exception measures in FY2022 and unchanged policies for the remainder of the projection period.
Start/end months of reporting year: April/March
GFS Manual used: Government Finance Statistics Manual (GFSM) 2014
Basis of recording: Cash. Authorities use cash accounting.
General government includes: Central Government;. There is no local government in Singapore and thus the general government only includes central government
Valuation of public debt: Nominal value
Instruments included in gross and net debt: Currency and Deposits; Securities Other than Shares; Shares and Other Equity
Primary domestic currency: Singapore dollar
Data last updated: 08/2021
|
71.759 |
124.541 |
97.359 |
87.403 |
88.033 |
88.052 |
95.472 |
95.457 |
2021 |
Singapore |
General government total expenditure |
Percent of GDP |
|
See notes for:
General government total expenditure (National currency).
|
14.107 |
26.463 |
19.210 |
16.446 |
15.846 |
15.246 |
15.746 |
14.996 |
2021 |
Singapore |
General government net lending/borrowing |
National currency |
Billions |
Source: National Statistics Office. Data complemented with data from the Ministry of Finance or Treasury
Latest actual data: FY2020/21
Notes: Government debt is issued to deepen the domestic market, to meet the investment needs of the Central Provident Fund, and to provide individuals a long-term savings option.
Fiscal assumptions: For FY2020, estimates are based on budget execution through the end of 2020. FY2021 projections are based on the initial budget of February 16, 2021. The IMF staff assume gradual withdrawal of remaining exception measures in FY2022 and unchanged policies for the remainder of the projection period.
Start/end months of reporting year: April/March
GFS Manual used: Government Finance Statistics Manual (GFSM) 2014
Basis of recording: Cash. Authorities use cash accounting.
General government includes: Central Government;. There is no local government in Singapore and thus the general government only includes central government
Valuation of public debt: Nominal value
Instruments included in gross and net debt: Currency and Deposits; Securities Other than Shares; Shares and Other Equity
Primary domestic currency: Singapore dollar
Data last updated: 08/2021
|
19.733 |
-41.794 |
-1.163 |
10.429 |
11.753 |
13.292 |
9.824 |
14.266 |
2021 |
Singapore |
General government net lending/borrowing |
Percent of GDP |
|
See notes for:
General government net lending/borrowing (National currency).
|
3.879 |
-8.880 |
-0.229 |
1.962 |
2.116 |
2.302 |
1.620 |
2.241 |
2021 |
Singapore |
General government structural balance |
National currency |
Billions |
Source: National Statistics Office. Data complemented with data from the Ministry of Finance or Treasury
Latest actual data: FY2020/21
Notes: Government debt is issued to deepen the domestic market, to meet the investment needs of the Central Provident Fund, and to provide individuals a long-term savings option.
Fiscal assumptions: For FY2020, estimates are based on budget execution through the end of 2020. FY2021 projections are based on the initial budget of February 16, 2021. The IMF staff assume gradual withdrawal of remaining exception measures in FY2022 and unchanged policies for the remainder of the projection period.
Start/end months of reporting year: April/March
GFS Manual used: Government Finance Statistics Manual (GFSM) 2014
Basis of recording: Cash. Authorities use cash accounting.
General government includes: Central Government;. There is no local government in Singapore and thus the general government only includes central government
Valuation of public debt: Nominal value
Instruments included in gross and net debt: Currency and Deposits; Securities Other than Shares; Shares and Other Equity
Primary domestic currency: Singapore dollar
Data last updated: 08/2021
|
9.383 |
-46.818 |
-12.407 |
-1.702 |
-1.068 |
-0.125 |
-4.252 |
-0.534 |
2021 |
Singapore |
General government structural balance |
Percent of potential GDP |
|
See notes for:
General government structural balance (National currency).
|
1.831 |
-9.601 |
-2.448 |
-0.322 |
-0.194 |
-0.022 |
-0.715 |
-0.086 |
2021 |
Singapore |
General government gross debt |
National currency |
Billions |
Source: National Statistics Office. Data complemented with data from the Ministry of Finance or Treasury
Latest actual data: FY2020/21
Notes: Government debt is issued to deepen the domestic market, to meet the investment needs of the Central Provident Fund, and to provide individuals a long-term savings option.
Fiscal assumptions: For FY2020, estimates are based on budget execution through the end of 2020. FY2021 projections are based on the initial budget of February 16, 2021. The IMF staff assume gradual withdrawal of remaining exception measures in FY2022 and unchanged policies for the remainder of the projection period.
Start/end months of reporting year: April/March
GFS Manual used: Government Finance Statistics Manual (GFSM) 2014
Basis of recording: Cash. Authorities use cash accounting.
General government includes: Central Government;. There is no local government in Singapore and thus the general government only includes central government
Valuation of public debt: Nominal value
Instruments included in gross and net debt: Currency and Deposits; Securities Other than Shares; Shares and Other Equity
Primary domestic currency: Singapore dollar
Data last updated: 08/2021
|
656.258 |
729.000 |
698.692 |
738.859 |
778.946 |
816.710 |
864.801 |
915.766 |
2021 |
Singapore |
General government gross debt |
Percent of GDP |
|
See notes for:
General government gross debt (National currency).
|
129.010 |
154.898 |
137.859 |
139.028 |
140.213 |
141.414 |
142.632 |
143.867 |
2021 |
Singapore |
Gross domestic product corresponding to fiscal year, current prices |
National currency |
Billions |
Source: National Statistics Office. Data complemented with data from the Ministry of Finance or Treasury
Latest actual data: FY2020/21
Notes: Government debt is issued to deepen the domestic market, to meet the investment needs of the Central Provident Fund, and to provide individuals a long-term savings option.
Fiscal assumptions: For FY2020, estimates are based on budget execution through the end of 2020. FY2021 projections are based on the initial budget of February 16, 2021. The IMF staff assume gradual withdrawal of remaining exception measures in FY2022 and unchanged policies for the remainder of the projection period.
Start/end months of reporting year: April/March
GFS Manual used: Government Finance Statistics Manual (GFSM) 2014
Basis of recording: Cash. Authorities use cash accounting.
General government includes: Central Government;. There is no local government in Singapore and thus the general government only includes central government
Valuation of public debt: Nominal value
Instruments included in gross and net debt: Currency and Deposits; Securities Other than Shares; Shares and Other Equity
Primary domestic currency: Singapore dollar
Data last updated: 08/2021
|
508.689 |
470.632 |
506.816 |
531.448 |
555.547 |
577.531 |
606.317 |
636.537 |
2021 |
Singapore |
Current account balance |
U.S. dollars |
Billions |
Source: National Statistics Office
Latest actual data: 2020
BOP Manual used: Balance of Payments and International Investment Position Manual, sixth edition (BPM6)
Primary domestic currency: Singapore dollar
Data last updated: 08/2021
|
53.398 |
59.784 |
60.123 |
62.315 |
64.954 |
67.202 |
69.791 |
72.052 |
2020 |
Singapore |
Current account balance |
Percent of GDP |
|
See notes for:
Gross domestic product, current prices (National currency)
Current account balance (U.S. dollars).
|
14.263 |
17.585 |
15.878 |
15.697 |
15.525 |
15.271 |
15.122 |
14.904 |
2020 |