Country Economic Overview

🇸🇬 Singapore

Current Economic Indicators

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GDP
$603.87B
As of 2025
Gross Domestic Product (current US$)
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GDP Growth
5.03%
As of 2025
GDP Growth Rate (annual %)
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Inflation
0.90%
As of 2025
Inflation, Consumer Prices (annual %)
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CPI
134.36
As of 2025
Consumer Price Index (2010=100)
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Unemployment
2.82%
As of 2025
Unemployment Rate (% of labor force)
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Interest Rate
5.25%
As of 2021
Lending Interest Rate (%)
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Public Debt

Government debt stock, burden relative to GDP, and interest cost.

Govt. Debt
167.80%
As of 2024
Govt. Debt Stock
S$ 1.28T
As of 2024
Interest (% of revenue)
0.47%
As of 2024

Sectoral Composition of GDP

Breakdown of value added across primary, secondary, and tertiary sectors.

Agriculture Value Added
0.02%
As of 2025
Industry Value Added
22.67%
As of 2025
Services Value Added
71.59%
As of 2025

Government Finance & Expenditure

Public sector spending priorities expressed as a share of GDP.

Govt. Consumption
10.25%
As of 2025
Military Spending
2.84%
As of 2024
Health Spending
4.49%
As of 2023
Education Spending
2.19%
As of 2024

Trade & External Accounts

External balances and openness relative to GDP.

Exports
177.85%
As of 2025
Imports
142.45%
As of 2025
Current Account
16.71%
As of 2025