Macroeconomy & Sovereign Data Type of Government Parliamentary republic Capital Singapore Sovereign Ratings S&P: AAA Moody’s: Aaa Fitch: AAA Total Population 5.7 million Median Age 42.8 Adult Per Capita Income (PPP) 109,581.84 Total GDP (2023) 521 billion ...
Singapore GDP Per Capita reached 84,714.000 USD in Dec 2023, compared with 88,414.000 USD in Dec 2022.
According to the Ministry of Trade and Industry (MTI) the 2023 GDP growth forecast for Singapore has been maintained at 0.5 to 2.5 per cent, with growth likely to come in at around the mid-point of the range. The Singapore economy grew by 0.4 per cent on a ...
Singapore’s GDP per capita exceeded US$84,000 in 2023, one of the highest of any Asian economy. The city‑state has a large, highly skilled workforce and a very business‑friendly regulatory environment for local entrepreneurs. The government's long‑term economic policies...
The largest industry sector is services, contributing close to 70 percent of the country’s total GDP in 2022. Despite this segment’s overall dominance, manufacturing remains the single largest industry sector, making up 21.5 percent and 21.6 percent of GDP in 2021 and 2022 respectively. Despite...
Find more statistics on other topics about Singapore with key insights such asannual growth of gross capital formation,total reserves, andgross savings. Trade to gross domestic product (GDP) ratio of Singapore from 2014 to 2023 Records:
Public Consumption: % of GDP (%)10.22023yearly1960 - 2023 Real GDP Growth (%)0.4Mar 2023quarterlyMar 1976 - Mar 2023 Total Trade of Goods & Services: % of Nominal GDP (%)310.244Jun 2024quarterlyMar 1975 - Jun 2024 Gross National Product (GNP) (USD mn)420,570.8002023yearly1960 - 2023 ...
Here are some ways in which Singapore Budget 2023 will further propel the city-state forward as a premier global business hub. Start Business in Singapore Economic Growth One of the most significant highlights of Budget 2023 isSingapore’s strong GDP growth of 3.6% in 2022, demonstrating our na...
and industry associations, third-party studies and reports, national statistical offices, international institutions, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price ...
Estimates for 2022 GDP growth in the US and Eurozone have remained firm even as US Treasury yields retraced a significant portion of their year-to-date advance. These forecasts, if realized, would mark the strongest annual growth for either region in the 21st century (excluding 2021). ...