GNI (current LCU), annual growth rate in Singapore

Singapore: GNI (current LCU), annual growth rate was 10.59 % change on previous year in 2024. ◆ Volatile

Latest (2024)
10.59 % change on previous year
Change on year
up 910.8%
World rank
58th
of 206 countries
All-time high
22.82 % change on previous year
in 1973
All-time low
-6.88 % change on previous year
in 2020
Years of data
54
1971–2024

GNI (current LCU), annual growth rate in Singapore, 1971–2024

-1001020197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, gni (current lcu), annual growth rate in Singapore stood at 10.59 % change on previous year.

The figure is up 910.8% on the previous year and up 84.3% over ten years.

Over the whole period, gni (current lcu), annual growth rate in Singapore peaked at 22.82 % change on previous year in 1973 and was at its lowest, -6.88 % change on previous year, in 2020.

Singapore ranks 58th of 206 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.

GNI (current LCU), annual growth rate in Singapore, year by year

Annual values for GNI (current LCU), annual growth rate in Singapore, 1971 to 2024.
Year % change on previous year Change
1971 16.59 % change on previous year
1972 19.68 % change on previous year +18.7%
1973 22.82 % change on previous year +16.0%
1974 22.7 % change on previous year -0.5%
1975 10.99 % change on previous year -51.6%
1976 7.72 % change on previous year -29.7%
1977 8.34 % change on previous year +7.9%
1978 13.17 % change on previous year +58.0%
1979 15.13 % change on previous year +14.9%
1980 16.52 % change on previous year +9.2%
1981 16.56 % change on previous year +0.2%
1982 12.8 % change on previous year -22.7%
1983 14.66 % change on previous year +14.5%
1984 12.07 % change on previous year -17.7%
1985 -0.6391 % change on previous year -105.3%
1986 -0.7153 % change on previous year +11.9%
1987 8.44 % change on previous year -1279.5%
1988 18.82 % change on previous year +123.1%
1989 15.62 % change on previous year -17.0%
1990 14.52 % change on previous year -7.0%
1991 10.85 % change on previous year -25.3%
1992 9.84 % change on previous year -9.3%
1993 12.81 % change on previous year +30.1%
1994 17.57 % change on previous year +37.2%
1995 11.23 % change on previous year -36.1%
1996 7.53 % change on previous year -33.0%
1997 12.44 % change on previous year +65.3%
1998 -3.95 % change on previous year -131.7%
1999 1.59 % change on previous year -140.3%
2000 11.3 % change on previous year +609.6%
2001 -2.92 % change on previous year -125.9%
2002 1.62 % change on previous year -155.5%
2003 1.97 % change on previous year +21.3%
2004 10.31 % change on previous year +424.1%
2005 9.86 % change on previous year -4.4%
2006 14.48 % change on previous year +46.9%
2007 15.57 % change on previous year +7.5%
2008 -0.6248 % change on previous year -104.0%
2009 1.47 % change on previous year -335.5%
2010 20.8 % change on previous year +1314.0%
2011 4.9 % change on previous year -76.4%
2012 3.85 % change on previous year -21.3%
2013 3.34 % change on previous year -13.4%
2014 5.75 % change on previous year +72.1%
2015 2.46 % change on previous year -57.2%
2016 5.29 % change on previous year +114.8%
2017 6.78 % change on previous year +28.2%
2018 0.2417 % change on previous year -96.4%
2019 1.43 % change on previous year +491.9%
2020 -6.88 % change on previous year -581.2%
2021 18.69 % change on previous year -371.6%
2022 12.58 % change on previous year -32.7%
2023 -1.31 % change on previous year -110.4%
2024 10.59 % change on previous year -910.8%

Singapore compared with similar countries

  • Singapore's 10.59 % change on previous year is above the median for high income countries, which is 5.12 % change on previous year, 2.1× the median. (78 countries reporting)
  • Singapore's 10.59 % change on previous year is above the median for East Asia & Pacific, which is 6.3 % change on previous year, 1.7× the median. (34 countries reporting)

Biggest year-on-year movements

Years where GNI (current LCU), annual growth rate 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.

YearChange FromTo
2010 +1314.0% 1.47 % change on previous year 20.8 % change on previous year
1987 +1279.5% -0.7153 % change on previous year 8.44 % change on previous year
2024 +910.8% -1.31 % change on previous year 10.59 % change on previous year
2000 +609.6% 1.59 % change on previous year 11.3 % change on previous year
2020 -581.2% 1.43 % change on previous year -6.88 % change on previous year
2019 +491.9% 0.2417 % change on previous year 1.43 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 15.24 % change on previous year 7.72 % change on previous year 22.82 % change on previous year 9
1980s 11.41 % change on previous year -0.7153 % change on previous year 18.82 % change on previous year 10
1990s 9.45 % change on previous year -3.95 % change on previous year 17.57 % change on previous year 10
2000s 6.3 % change on previous year -2.92 % change on previous year 15.57 % change on previous year 10
2010s 5.48 % change on previous year 0.2417 % change on previous year 20.8 % change on previous year 10
2020s 6.74 % change on previous year -6.88 % change on previous year 18.69 % change on previous year 5

Countries ranked near Singapore

  1. 55 Antigua and Barbuda 10.96 % change on previous year compare
  2. 56 Uganda 10.9 % change on previous year compare
  3. 57 Philippines 10.8 % change on previous year compare
  4. 59 Nicaragua 10.59 % change on previous year compare
  5. 60 Tuvalu 10.47 % change on previous year compare
  6. 61 Turks and Caicos Islands 10.33 % change on previous year compare

See the full ranking of 206 places →

More population data for Singapore

All data for Singapore →

Frequently asked questions

What is gni (current lcu), annual growth rate in Singapore?
Gni (current lcu), annual growth rate in Singapore was 10.59 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gni (current lcu), annual growth rate recorded in Singapore?
The highest recorded value was 22.82 % change on previous year in 1973.
What is the lowest gni (current lcu), annual growth rate recorded in Singapore?
The lowest recorded value was -6.88 % change on previous year in 2020.
How does Singapore rank for gni (current lcu), annual growth rate?
Singapore ranks 58th out of 206 countries with data for 2024.
Is gni (current lcu), annual growth rate rising or falling in Singapore?
Over the last ten years it is up 84.3%. The long-run trend across the full record is volatile.
Where does this Singapore data come from?
The figures come from Statizoid (derived), published as part of GNI (current LCU), annual growth rate. Statizoid updates them automatically from the source API.

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GNI (current LCU), annual growth rate in Singapore. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://population.statizoid.com/stat/gni-current-lcu-annual-growth-rate-2/singapore/

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How this figure is calculated

The year-on-year percentage change in GNI (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GNI (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
206 places, 9,636 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GNI (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.