Singapore — GDP growth
GDP Growth (Annual %) for Singapore, 1961–2025.
GDP growth for Singapore was 5.03% in 2025, according to the latest World Bank data. The series covers 65 years, from 1961 to 2025. The highest recorded value was 14.52% in 2010. The lowest was -3.61% in 2020 (about -1.4× the low point). Across that span the compound annual growth rate works out to -0.75% per year.
Singapore ranks 51 of 212 economies on this measure (1 = highest), putting it in the top 24%. The median for East Asia & Pacific is 3.62%, so Singapore sits above it. It peaked in 2010 and has fallen 65% since. Over the last decade (2015–2025) the figure moved up 69%. Within East Asia & Pacific it ranks 11 of 36 economies; China (4.96%) is just below it. Its sharpest one-year move was up 11248% in 2010. That is 46% above this series' own ten-year average.
Data highlights
World ranking. Slipped: 19th of 107 in 1961 → 9th of 119 in 1970 → 18th of 152 in 1980 → 17th of 176 in 1990 → 20th of 199 in 2000 → 4th of 209 in 2010 → 102nd of 209 in 2020 → 44th of 186 in 2025.
Key figures
Full history — 1961 to 2025
| Year | annual % | Change |
|---|---|---|
| 2025 | 5.03% | -0.3 pp |
| 2024 | 5.34% | +3.9 pp |
| 2023 | 1.45% | -2.6 pp |
| 2022 | 4.01% | -6.1 pp |
| 2021 | 10.14% | +13.8 pp |
| 2020 | -3.61% | -4.8 pp |
| 2019 | 1.16% | -2.0 pp |
| 2018 | 3.19% | -1.1 pp |
| 2017 | 4.33% | +0.4 pp |
| 2016 | 3.91% | +0.9 pp |
| 2015 | 2.98% | -1.0 pp |
| 2014 | 3.94% | -0.9 pp |
| 2013 | 4.82% | +0.4 pp |
| 2012 | 4.44% | -1.8 pp |
| 2011 | 6.21% | -8.3 pp |
| 2010 | 14.52% | +14.4 pp |
| 2009 | 0.13% | -1.7 pp |
| 2008 | 1.86% | -7.2 pp |
| 2007 | 9.02% | +0.0 pp |
| 2006 | 9.01% | +1.6 pp |
| 2005 | 7.37% | -2.6 pp |
| 2004 | 9.94% | +5.4 pp |
| 2003 | 4.55% | +0.6 pp |
| 2002 | 3.92% | +5.0 pp |
| 2001 | -1.07% | -10.1 pp |
| 2000 | 9.04% | +3.3 pp |
| 1999 | 5.72% | +7.9 pp |
| 1998 | -2.19% | -10.5 pp |
| 1997 | 8.32% | +0.8 pp |
| 1996 | 7.47% | +0.3 pp |
| 1995 | 7.18% | -3.9 pp |
| 1994 | 11.1% | -0.4 pp |
| 1993 | 11.46% | +4.8 pp |
| 1992 | 6.64% | -0.0 pp |
| 1991 | 6.69% | -3.1 pp |
| 1990 | 9.82% | -0.3 pp |
| 1989 | 10.16% | -1.1 pp |
| 1988 | 11.26% | +0.5 pp |
| 1987 | 10.8% | +9.5 pp |
| 1986 | 1.34% | +2.0 pp |
| 1985 | -0.62% | -9.4 pp |
| 1984 | 8.79% | +0.2 pp |
| 1983 | 8.55% | +1.5 pp |
| 1982 | 7.1% | -3.7 pp |
| 1981 | 10.82% | +0.7 pp |
| 1980 | 10.11% | +0.6 pp |
| 1979 | 9.55% | +1.8 pp |
| 1978 | 7.78% | +0.9 pp |
| 1977 | 6.85% | -0.6 pp |
| 1976 | 7.44% | +3.4 pp |
| 1975 | 3.99% | -2.1 pp |
| 1974 | 6.12% | -4.5 pp |
| 1973 | 10.6% | -2.7 pp |
| 1972 | 13.32% | +0.9 pp |
| 1971 | 12.41% | -1.5 pp |
| 1970 | 13.94% | +0.1 pp |
| 1969 | 13.83% | +0.3 pp |
| 1968 | 13.53% | +1.0 pp |
| 1967 | 12.51% | +2.3 pp |
| 1966 | 10.18% | +2.3 pp |
| 1965 | 7.83% | +10.9 pp |
| 1964 | -3.1% | -13.1 pp |
| 1963 | 10.04% | +2.5 pp |
| 1962 | 7.55% | -0.6 pp |
| 1961 | 8.14% | — |
Frequently asked questions
What was Singapore’s GDP growth in 1962?
7.55% (1962). The full year-by-year table above lists every published year, most recent first.
Are changes in this series measured in percentage points?
Yes. The series is a share expressed in annual %, so year-over-year movements in the Change column are percentage points (pp), not percent.
Is Singapore’s GDP growth growing or shrinking?
Between 1961 and 2025 the series was shrinking overall: -38.2% in total — about 0.8% a year compounded.
Where does this data come from?
World Bank Open Data (CC BY-4.0), indicator NY.GDP.MKTP.KD.ZG. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.
What are the most recent published figures?
The last five published years: 2025: 5.03%; 2024: 5.34%; 2023: 1.45%; 2022: 4.01%; 2021: 10.14%. Earlier years are in the full-history table below.
Related data
NY.GDP.MKTP.KD.ZG — GDP Growth (Annual %). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.