Gross Domestic Product of Singapore grew 1.1% in 2023 compared to last year. This rate is 25 -tenths of one percent less than the figure of 3.6% published in 2022.
The 2024 GSTV disbursement is scheduled for August 2024. It amounts to $1.4 billion, encompassing both GSTV-Cash and GSTV-Medisave, which is approximately $200 million more than in 2023. This slight increase in payment can be attributed to the projected inflation rate and economic growth for ...
Economic impact Impact on tourism and travel Impact on digitalization Social impact The most important statistics YoY quarterly GDP growth rate Singapore Q1 2020- Q2 2024 Business optimism index Singapore Q1 2019-Q2 2023 Optimism index for indicators of business Singapore Q1 2020-Q1 2023 Seasonally-ad...
“Workers’ efficiency, solid skills and education are major variables in influencing economic growth. In turn, economic expansion and innovation have a direct correlation with strong deliverable outcomes benefiting the masses in improving their living standards and purchasing power,” he points out. Cit...
Singapore headquarters the Asia-Pacific Economic Cooperation and is a member of a number of additional international organizations, including the ASEAN Regional Forum, the United Nations and the World Trade Organization. Singapore Rankings #14 Overall Rank CategoryRankScore #16 out of 87 in 2023 81.7...
The city-state has maintained asteady economic growthover the past five years. Singapore reported a GDP of US$599 billion at the current market price in 2020, and is projected to trend around S$ 616.33 billion (US $449 billion) in 2023. ...
Singapore recorded a Current Account surplus of 19.80 percent of the country's Gross Domestic Product in 2023. This page provides - Singapore Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news
Budget 2023 is a forward-thinking policy that positions Singapore as a prime spot for firms worldwide amidst a new age of global development, echoing its theme, Moving Forward in a New Era. With strong economic growth, supportive government policies, and a focus on innovation, Singapore is wel...
Singapore Money Supply M2 increased 4.6 % YoY in Sep 2024, compared with a growth of 3.2 % in the previous month.
Singapore’s GDP per capita stood at US$84,714 by December 2023 end which is among the highest globally, and economic growth in 2024 is projected to pick up modestly following global economic challenges in 2023, compared with 60,306.000 USD in Dec 2017. 4. Excellent Physical Infrastructure Th...