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Singapore — GDP growth
GDP Growth (Annual %) for Singapore, 1961–2025.
Latest value · 2025
5.03%
GDP Growth (Annual %) · annual % · -38.2% since 1961
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%.
Key figures
Latest (2025)
5.03%
First (1961)
8.14%
Change
-38.2%
Highest
14.52%
in 2010
Lowest
-3.61%
in 2020
Average
6.90%
Annual growth (CAGR)
-0.75%
Years of data
65
Recent years
| Year | annual % |
|---|---|
| 2025 | 5.03% |
| 2024 | 5.34% |
| 2023 | 1.45% |
| 2022 | 4.01% |
| 2021 | 10.14% |
| 2020 | -3.61% |
| 2019 | 1.16% |
| 2018 | 3.19% |
| 2017 | 4.33% |
| 2016 | 3.91% |
| 2015 | 2.98% |
| 2014 | 3.94% |
Reading this correctly. Annual percentage growth rate of GDP at constant market prices. A negative value means the economy contracted that year. Figures are in annual %. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.
Related data
Source. World Bank Open Data, indicator
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.