Singapore GDP Growth Rate 1961-2020

Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.
  • Singapore gdp growth rate for 2018 was 3.14%, a 0.56% decline from 2017.
  • Singapore gdp growth rate for 2017 was 3.70%, a 0.74% increase from 2016.
  • Singapore gdp growth rate for 2016 was 2.96%, a 0.07% increase from 2015.
  • Singapore gdp growth rate for 2015 was 2.89%, a 1.01% decline from 2014.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name GDP Growth (%)
Ireland 6.65%
Malta 6.55%
Turks and Caicos Islands 5.28%
Poland 5.15%
Palau 5.00%
Hungary 4.94%
Antigua and Barbuda 4.93%
Latvia 4.77%
Macao 4.71%
Iceland 4.61%
Slovenia 4.49%
Slovak Republic 4.11%
Chile 4.02%
Cyprus 3.88%
Estonia 3.87%
Panama 3.68%
Seychelles 3.63%
Lithuania 3.49%
Israel 3.31%
Singapore 3.14%
Hong Kong 3.02%
St. Kitts and Nevis 3.00%
Czech Republic 2.89%
United States 2.86%
Australia 2.83%
New Zealand 2.78%
Austria 2.73%
Netherlands 2.67%
South Korea 2.67%
Croatia 2.63%
Luxembourg 2.60%
Spain 2.58%
Switzerland 2.54%
Sweden 2.36%
Finland 2.33%
Saudi Arabia 2.22%
Portugal 2.14%
Oman 2.13%
Greece 1.93%
Canada 1.88%
Bahrain 1.78%
France 1.72%
Andorra 1.63%
Uruguay 1.62%
Norway 1.45%
Belgium 1.44%
Qatar 1.43%
Germany 1.43%
UAE 1.42%
Denmark 1.42%
United Kingdom 1.40%
Kuwait 1.24%
Italy 0.86%
Japan 0.79%
Trinidad and Tobago 0.70%
Brunei 0.05%
Argentina -2.51%
Puerto Rico -4.91%
Singapore GDP Growth Rate - Historical Data
Year GDP Growth (%) Annual Change
2018 3.14% -0.56%
2017 3.70% 0.74%
2016 2.96% 0.07%
2015 2.89% -1.01%
2014 3.90% -0.91%
2013 4.82% 0.37%
2012 4.45% -1.81%
2011 6.26% -8.26%
2010 14.53% 14.40%
2009 0.12% -1.75%
2008 1.87% -7.15%
2007 9.02% 0.02%
2006 9.01% 1.65%
2005 7.36% -2.46%
2004 9.82% 5.28%
2003 4.54% 0.62%
2002 3.91% 4.98%
2001 -1.07% -10.11%
2000 9.04% 3.32%
1999 5.72% 7.92%
1998 -2.20% -10.52%
1997 8.32% 0.85%
1996 7.47% 0.27%
1995 7.20% -3.90%
1994 11.10% -0.37%
1993 11.46% 4.82%
1992 6.64% -0.05%
1991 6.69% -3.13%
1990 9.82% -0.34%
1989 10.16% -1.11%
1988 11.26% 0.47%
1987 10.80% 9.46%
1986 1.34% 1.97%
1985 -0.62% -9.41%
1984 8.79% 0.24%
1983 8.55% 1.45%
1982 7.10% -3.71%
1981 10.82% 0.70%
1980 10.11% 0.56%
1979 9.55% 1.78%
1978 7.78% 0.93%
1977 6.85% -0.59%
1976 7.44% 3.46%
1975 3.98% -2.14%
1974 6.12% -4.49%
1973 10.60% -2.71%
1972 13.32% 0.90%
1971 12.41% -1.53%
1970 13.94% 0.11%
1969 13.83% 0.31%
1968 13.53% 1.02%
1967 12.51% 2.33%
1966 10.18% 2.35%
1965 7.83% 10.94%
1964 -3.10% -13.14%
1963 10.04% 2.49%
1962 7.55% -0.58%
1961 8.14% -0.58%