GDP growth (annual %) (UNESCO Institute) in Singapore
Singapore: GDP growth (annual %) (UNESCO Institute) was 4.4% in 2024. ◆ Volatile
GDP growth in Singapore, 1970–2024
Source: UNESCO Institute for Statistics. Measured in annual %.
Analysis
Singapore recorded 4.4% for gdp growth in 2024.
Compared with earlier readings it is up 140.9% on the previous year and up 11.5% over ten years.
Over the whole period, gdp growth in Singapore peaked at 14.5% in 2010 and was at its lowest, -3.8%, in 2020.
Singapore ranks 55th of 212 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP growth (annual %) (UNESCO Institute) in Singapore, year by year
| Year | annual % | Change |
|---|---|---|
| 1970 | 13.9% | — |
| 1971 | 12.4% | -11.0% |
| 1972 | 13.3% | +7.3% |
| 1973 | 10.6% | -20.4% |
| 1974 | 6.1% | -42.3% |
| 1975 | 4.0% | -34.8% |
| 1976 | 7.4% | +86.5% |
| 1977 | 6.9% | -7.9% |
| 1978 | 7.8% | +13.5% |
| 1979 | 9.6% | +22.9% |
| 1980 | 10.1% | +5.9% |
| 1981 | 10.8% | +6.9% |
| 1982 | 7.1% | -34.3% |
| 1983 | 8.6% | +20.4% |
| 1984 | 8.8% | +2.8% |
| 1985 | -0.6% | -107.1% |
| 1986 | 1.3% | -315.6% |
| 1987 | 10.8% | +704.1% |
| 1988 | 11.3% | +4.3% |
| 1989 | 10.2% | -9.8% |
| 1990 | 9.8% | -3.3% |
| 1991 | 6.7% | -31.9% |
| 1992 | 6.6% | -0.7% |
| 1993 | 11.5% | +72.6% |
| 1994 | 11.1% | -3.2% |
| 1995 | 7.2% | -35.3% |
| 1996 | 7.5% | +4.1% |
| 1997 | 8.3% | +11.3% |
| 1998 | -2.2% | -126.3% |
| 1999 | 5.7% | -361.0% |
| 2000 | 9.0% | +58.1% |
| 2001 | -1.1% | -111.8% |
| 2002 | 3.9% | -466.4% |
| 2003 | 4.5% | +15.9% |
| 2004 | 9.9% | +118.5% |
| 2005 | 7.4% | -25.9% |
| 2006 | 9.0% | +22.3% |
| 2007 | 9.0% | +0.2% |
| 2008 | 1.9% | -79.3% |
| 2009 | 0.1% | -93.1% |
| 2010 | 14.5% | +11247.9% |
| 2011 | 6.2% | -57.2% |
| 2012 | 4.4% | -28.6% |
| 2013 | 4.8% | +8.6% |
| 2014 | 3.9% | -18.3% |
| 2015 | 3.0% | -24.4% |
| 2016 | 3.7% | +25.9% |
| 2017 | 4.5% | +19.5% |
| 2018 | 3.5% | -22.9% |
| 2019 | 1.3% | -62.1% |
| 2020 | -3.8% | -391.6% |
| 2021 | 9.8% | -355.8% |
| 2022 | 4.1% | -57.9% |
| 2023 | 1.8% | -55.7% |
| 2024 | 4.4% | +140.9% |
Singapore compared with similar countries
- Singapore's 4.4% is above the median for high income countries, which is 2.3%, 1.9× the median. (83 countries reporting)
- Singapore's 4.4% is above the median for East Asia & Pacific, which is 3.8%, 1.1× the median. (36 countries reporting)
Biggest year-on-year movements
Years where GDP growth (annual %) (UNESCO Institute) in Singapore changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2010 | +11247.9% | 0.1% | 14.5% |
| 1987 | +704.1% | 1.3% | 10.8% |
| 2002 | +466.4% | -1.1% | 3.9% |
| 2020 | -391.6% | 1.3% | -3.8% |
| 1999 | +361.0% | -2.2% | 5.7% |
| 2021 | +355.8% | -3.8% | 9.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.2% | 4.0% | 13.9% | 10 |
| 1980s | 7.8% | -0.6% | 11.3% | 10 |
| 1990s | 7.2% | -2.2% | 11.5% | 10 |
| 2000s | 5.4% | -1.1% | 9.9% | 10 |
| 2010s | 5.0% | 1.3% | 14.5% | 10 |
| 2020s | 3.3% | -3.8% | 9.8% | 5 |
Countries ranked near Singapore
More population data for Singapore
- Population regions with projections, annual growth rate -0.9668 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -100 % change on previous year (2028)
- Population long run with projections, annual growth rate -0.9668 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.0914 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 6,337 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 0.4648 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.5703 % change on previous year (2100)
- Population growth rate -0.949 (2100)
- Population density 5,798 (2100)
- Projected population under age 5 140,350 (2100)
Frequently asked questions
- What is gdp growth in Singapore?
- Gdp growth in Singapore was 4.4% in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp growth recorded in Singapore?
- The highest recorded value was 14.5% in 2010.
- What is the lowest gdp growth recorded in Singapore?
- The lowest recorded value was -3.8% in 2020.
- How does Singapore rank for gdp growth?
- Singapore ranks 55th out of 212 countries with data for 2024.
- Is gdp growth rising or falling in Singapore?
- Over the last ten years it is up 11.5%. The long-run trend across the full record is volatile.
- Where does this Singapore data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP growth (annual %). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release