In the first quarter of 2024, the Singapore GDP grew by three percent compared to the same quarter the previous year.
In the third quarter of 2023, Singapore’s GDP showcased positive signs of recovery, recording a 1.1 percent year-on-year growth—a notable increase from the previous quarter’s 0.5 percent, although still falling short of 2022’s growth margin. The manufacturing sector, in particular, registered...
SINGAPORE, April 27 (Xinhua) -- Singapore's overall gross domestic product (GDP) growth is likely to remain modest in 2017, said the Monetary Authority of Singapore (MAS) in its twice-yearly macro-economic review issued on Thursday. MAS said the economy should expand by 1 percent to 3 per...
Nominal GDP Growth (%)8.423Sep 2024quarterlyMar 1976 - Sep 2024 Private Consumption Expenditure (USD mn)43,295.842Sep 2024quarterlyMar 1975 - Sep 2024 Private Consumption: % of GDP (%)31.32023yearly1960 - 2023 Public Consumption Expenditure (USD mn)13,483.508Sep 2024quarterlyMar 1975 - Sep 2024...
A recent study by Bloomberg shows that Singapore's GDP is expected to go up by 2.9% in the first three months of this year, which is the quickest growth the country has had in six quarters." Economists also raised their yearly growth expectation for Singapore from 2.3% to 2.5%.According...
Current Account to GDP 19.80 18.00 percent of GDP Dec 2023 Exports 53291.27 56156.71 SGD Million Jun 2024 Exports by Category Exports by Country External Debt 2695766.30 2633247.60 SGD Million Mar 2024 Foreign Direct Investment 53935.30 75741.40 SGD Million Mar 2024 Gold Reserves 228.86 236.60 Tonnes...
Trade refers to the sum of exports and imports measured as a share of gross domestic product (GDP). It indicates the importance of international trade in the country's economy.Find more statistics on other topics about Singapore with key insights such as annual growth of gross capital formation...
External Debt: % of GDP (%) 391.1 2023 yearly 2003 - 2023 External Debt: Short Term (USD mn) 1,370,855.0 Sep 2024 quarterly Jun 2003 - Sep 2024 External Debt: Short Term: % of GDP (%) 254.2 2023 yearly 2003 - 2023 Forecast: Current Account Balance (USD bn) 95.944 2029 yearl...
except during the Asian Financial Crisis of 1997-98 and also the recent global economic downturn in 2000-2002. The key to Singapore's past success lies in its willingness to open to the world market. International trade in Singapore is equivalent to 300% of its yearly GDP and manufacturing ...
The average annual GDP growth in Singapore over the last decade was greater than 7.5%, with an inflation rate of about 2% per year. 4. Singapore’s system of national wage council has distinguished itself from the centralized collective bargaining in European countries in three aspects. First, ...