Singapore GDP Growth Rate 1975-2018 | Data | Chart | Calendar | Forecast

The economy of Singapore advanced an annualized 1.4 percent on quarter in the first three months of 2018, below the 2.1 percent expansion in the previous quarter but above market expectations of a 1.0 percent climb. GDP Growth Rate in Singapore averaged 6.80 percent from 1975 until 2018, reaching an all time high of 36.60 percent in the first quarter of 2010 and a record low of -13.50 percent in the fourth quarter of 2008.

Singapore GDP Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-01-02 12:00 AM GDP Growth Rate QoQ Adv 2.8% 9.4% 2% 3.1%
2018-02-14 12:00 AM GDP Growth Rate QoQ Final 2.1% 11.2% 2% 2.8%
2018-04-13 12:00 AM GDP Growth Rate QoQ Adv 1.4% 2.1% 1% 1%
2018-05-25 12:00 AM GDP Growth Rate QoQ Final 2.1% 2.2%
2018-07-13 12:00 AM GDP Growth Rate QoQ Adv 1.5%
2018-08-10 12:00 AM GDP Growth Rate QoQ Final


Singapore GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.40 2.10 36.60 -13.50 percent [+]
GDP Annual Growth Rate 4.30 3.60 19.00 -8.80 percent [+]
GDP 296.98 296.84 308.14 0.70 USD Billion [+]
GDP Constant Prices 107657.70 107086.80 107657.70 7052.30 SGD Million [+]
Gross National Product 410271.90 408096.00 410271.90 2195.90 SGD Million [+]
Gross Fixed Capital Formation 28242.70 26135.80 28684.50 1874.00 SGD Million [+]
GDP per capita 52600.60 52244.60 52600.60 3389.60 USD [+]
GDP per capita PPP 81443.40 80892.10 81443.40 34339.70 USD [+]
GDP From Construction 4488.20 4339.10 4847.60 508.90 SGD Million [+]
GDP From Manufacturing 20059.10 20815.00 20815.00 1303.30 SGD Million [+]
GDP From Mining 69545.40 68992.10 69545.40 4133.60 SGD Million [+]
GDP From Services 20107.10 18936.40 20107.10 1333.10 SGD Million [+]
GDP From Transport 8297.20 8132.60 8297.20 543.10 SGD Million [+]
GDP From Utilities 1358.60 1361.50 1364.60 130.20 SGD Million [+]


Singapore GDP Growth Rate

Since gaining independence in 1963, Singaporean economy has been growing rapidly and as a result the country has now one of the highest GDP per capita in the world. The economy depends heavily on foreign trade; both from port activities and from exports of electronic components and refined oil. The country is a leading foreign direct investment recipient due to its status of one of the freest, most competitive and most business-friendly economies in the world. Singapore is also an important financial center. This page provides - Singapore GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Singapore GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on May of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1.40 2.10 36.60 -13.50 1975 - 2018 percent Quarterly
SA




GDP growth rate by Country
Country Last
United States 2.30 Mar/18
India 1.80 Dec/17
Turkey 1.80 Dec/17
China 1.40 Mar/18
Mexico 1.10 Mar/18
South Korea 1.10 Mar/18
Netherlands 0.80 Dec/17
Spain 0.70 Mar/18
Germany 0.60 Dec/17
Switzerland 0.60 Dec/17
Australia 0.40 Dec/17
Canada 0.40 Dec/17
Euro Area 0.40 Mar/18
Japan 0.40 Dec/17
France 0.30 Mar/18
Italy 0.30 Mar/18
Brazil 0.10 Dec/17
United Kingdom 0.10 Mar/18
Russia -0.38 Dec/17
Indonesia -1.70 Dec/17


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