Singapore Forecast: Real GDP Growth

1980 - 2026 | Yearly | % | International Monetary Fund

Singapore Real GDP Growth is forecasted to be 5.198 % in Dec 2021 as reported by International Monetary Fund. It records an increase from the last reported number of -5.391 % in Dec 2020. Looking ahead, Singapore Real GDP Growth is projected to stand at 2.523 % in Dec 2026. The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Gross Domestic Product: Constant Prices: YoY.

View Singapore's Forecast: Real GDP Growth from 1980 to 2026 in the chart:

Singapore Forecast: Real GDP Growth

What is Singapore's Forecast: Real GDP Growth in 2026?

Last Previous Min Max Unit Frequency Range
2.523 2026 2.487 2025 -5.391 2020 14.526 2010 % yearly 1980 - 2026

Forecast: Real GDP Growth by Country Comparison

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Includes Forecast: Real GDP Growth on 194 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Afghanistan (%) 4.001 2026 yearly 2003 - 2026
Albania (%) 3.500 2026 yearly 1980 - 2026
Algeria (%) 1.097 2026 yearly 1980 - 2026
Angola (%) 3.726 2026 yearly 1980 - 2026
Antigua and Barbuda (%) 2.977 2026 yearly 1980 - 2026
Argentina (%) 1.534 2026 yearly 1980 - 2026
Armenia (%) 4.500 2026 yearly 1993 - 2026
Aruba (%) 1.100 2025 yearly 1996 - 2025
Australia (%) 2.461 2026 yearly 1980 - 2026
Austria (%) 1.800 2026 yearly 1980 - 2026
Azerbaijan (%) 1.740 2026 yearly 1993 - 2026
Bahamas (%) 1.497 2026 yearly 1980 - 2026
Bahrain (%) 3.082 2026 yearly 1980 - 2026
Bangladesh (%) 9.531 2021 yearly 1980 - 2021
Barbados (%) 1.840 2026 yearly 1980 - 2026
Belarus (%) 1.442 2026 yearly 1993 - 2026
Belgium (%) 1.341 2026 yearly 1980 - 2026
Belize (%) 2.000 2026 yearly 1980 - 2026
Benin (%) 6.382 2026 yearly 1980 - 2026
Bhutan (%) 5.796 2026 yearly 1980 - 2026
Bolivia (%) 3.400 2026 yearly 1980 - 2026
Bosnia and Herzegovina (%) 3.000 2026 yearly 1997 - 2026
Botswana (%) 3.905 2026 yearly 1980 - 2026
Brazil (%) 2.015 2026 yearly 1980 - 2026
Brunei (%) 2.027 2026 yearly 1986 - 2026
Bulgaria (%) 2.800 2026 yearly 1980 - 2026
Burkina Faso (%) 5.603 2026 yearly 1980 - 2026
Burundi (%) 2.981 2026 yearly 1980 - 2026
Cambodia (%) 6.770 2026 yearly 1988 - 2026
Cameroon (%) 5.470 2026 yearly 1980 - 2026
Canada (%) 1.549 2026 yearly 1980 - 2026
Cape Verde (%) 6.176 2026 yearly 1980 - 2026
Central African Republic (%) 4.846 2026 yearly 1980 - 2026
Chad (%) 3.802 2026 yearly 1980 - 2026
Chile (%) 2.549 2026 yearly 1980 - 2026
China (%) 4.863 2026 yearly 1980 - 2026
Colombia (%) 3.645 2026 yearly 1980 - 2026
Comoros (%) 3.800 2026 yearly 1980 - 2026
Congo (%) 1.039 2026 yearly 1980 - 2026
Costa Rica (%) 3.304 2026 yearly 1980 - 2026
Croatia (%) 3.000 2026 yearly 1993 - 2026
Cyprus (%) 2.507 2026 yearly 1980 - 2026
Czech Republic (%) 2.510 2026 yearly 1996 - 2026
Democratic Republic of Congo (%) 4.124 2026 yearly 1980 - 2026
Denmark (%) 1.800 2026 yearly 1980 - 2026
Djibouti (%) 6.000 2026 yearly 1992 - 2026
Dominica (%) 1.511 2026 yearly 1980 - 2026
Dominican Republic (%) 5.000 2026 yearly 1980 - 2026
Ecuador (%) 2.502 2026 yearly 1980 - 2026
Egypt (%) 5.842 2026 yearly 1980 - 2026
El Salvador (%) 2.040 2026 yearly 1980 - 2026
Equatorial Guinea (%) -2.402 2026 yearly 1980 - 2026
Eritrea (%) 3.914 2026 yearly 1993 - 2026
Estonia (%) 3.000 2026 yearly 1994 - 2026
Swaziland (%) 2.276 2026 yearly 1980 - 2026
Ethiopia (%) 8.002 2026 yearly 1980 - 2026
Fiji (%) 3.300 2026 yearly 1980 - 2026
Finland (%) 1.266 2026 yearly 1980 - 2026
France (%) 1.242 2026 yearly 1980 - 2026
Gabon (%) 3.894 2026 yearly 1981 - 2026
Gambia (%) 5.620 2026 yearly 1980 - 2026
Georgia (%) 5.200 2026 yearly 1995 - 2026
Germany (%) 1.090 2026 yearly 1980 - 2026
Ghana (%) 5.416 2026 yearly 1980 - 2026
Greece (%) 1.356 2026 yearly 1980 - 2026
Grenada (%) 2.735 2026 yearly 1980 - 2026
Guatemala (%) 3.500 2026 yearly 1980 - 2026
Guinea (%) 4.953 2026 yearly 1980 - 2026
Guinea-Bissau (%) 5.000 2026 yearly 1981 - 2026
Guyana (%) 3.045 2026 yearly 1980 - 2026
Haiti (%) 1.400 2026 yearly 1980 - 2026
Honduras (%) 3.940 2026 yearly 1980 - 2026
Hong Kong SAR, China (%) 2.934 2026 yearly 1980 - 2026
Hungary (%) 2.600 2026 yearly 1980 - 2026
Iceland (%) 2.335 2026 yearly 1980 - 2026
India (%) 6.535 2026 yearly 1980 - 2026
Indonesia (%) 5.216 2026 yearly 1980 - 2026
Iran (%) 2.107 2026 yearly 1980 - 2026
Iraq (%) 3.304 2026 yearly 1999 - 2026
Ireland (%) 2.623 2026 yearly 1980 - 2026
Israel (%) 3.112 2026 yearly 1980 - 2026
Italy (%) 0.817 2026 yearly 1980 - 2026
Ivory Coast (%) 6.000 2026 yearly 1980 - 2026
Jamaica (%) 2.193 2026 yearly 1980 - 2026
Japan (%) 0.492 2026 yearly 1980 - 2026
Jordan (%) 3.300 2026 yearly 1980 - 2026
Kazakhstan (%) 4.431 2026 yearly 1993 - 2026
Kenya (%) 6.108 2026 yearly 1980 - 2026
Kiribati (%) 1.971 2026 yearly 1980 - 2026
South Korea (%) 2.287 2026 yearly 1980 - 2026
Kosovo (%) 4.000 2026 yearly 2001 - 2026
Kuwait (%) 2.461 2026 yearly 1980 - 2026
Kyrgyzstan (%) 3.964 2026 yearly 1993 - 2026
Laos (%) 5.993 2026 yearly 1980 - 2026
Latvia (%) 3.015 2026 yearly 1993 - 2026
Lebanon (%) -25.000 2020 yearly 1980 - 2020
Lesotho (%) 2.113 2025 yearly 1980 - 2025
Liberia (%) 5.674 2026 yearly 2001 - 2026
Libya (%) 4.188 2026 yearly 1980 - 2026
Lithuania (%) 2.256 2026 yearly 1996 - 2026

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Singapore Key Series

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Includes 273 key indicators for Singapore, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -5.7 Sep 2020 quarterly Mar 2012 - Sep 2020
Consolidated Fiscal Balance (USD mn) 2,094.221 Jan 2021 monthly Apr 2011 - Jan 2021
Tax Revenue (USD mn) 6,537.847 Feb 2021 monthly Aug 1987 - Feb 2021
Tax Revenue: % of GDP (%) 13.6 Dec 2020 quarterly Dec 1987 - Dec 2020
National Government Debt (USD mn) 533,314.2 Dec 2020 quarterly Mar 1990 - Dec 2020
Government Debt: % of GDP (%) 150.2 Dec 2020 quarterly Mar 1990 - Dec 2020
Forecast: Government Expenditure (SGD bn) 92.389 2026 yearly 1990 - 2026
Forecast: Government Net Debt (SGD bn) 795.470 2025 yearly 1990 - 2025
Forecast: Government Revenue (SGD bn) 108.448 2026 yearly 1990 - 2026
Govt Finance: Cash Surplus / Deficit (SGD mn) 3,797.400 Feb 2021 monthly Apr 2011 - Feb 2021
Govt Revenue: Operating (SGD mn) 9,151.100 Feb 2021 monthly Jan 2003 - Feb 2021
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.904 2026 yearly 1980 - 2026
Trade Balance (USD mn) 4,677.2 Feb 2021 monthly Jan 1976 - Feb 2021
Total Exports (USD mn) 36,920.2 Feb 2021 monthly Jan 1976 - Feb 2021
Total Exports Growth (%) 10.5 Feb 2021 monthly Jan 1977 - Feb 2021
Aluminum: Exports (USD th) 417,086.420 2019 yearly 1995 - 2019
Exports: Medicament (USD th) 7,284,336.973 2019 yearly 1995 - 2019
Exports: Medicinal and Pharmaceutical Product (USD th) 5,885,881.406 2019 yearly 1995 - 2019
Total Imports (USD mn) 32,243.0 Feb 2021 monthly Jan 1964 - Feb 2021
Total Imports Growth (%) 5.7 Feb 2021 monthly Jan 1965 - Feb 2021
Imports: Medicament (USD th) 1,814,249.501 2019 yearly 1995 - 2019
Imports: Medicinal and Pharmaceutical Product (USD th) 1,643,820.852 2019 yearly 1995 - 2019
Total Exports to USA (USD mn) 2,872.956 Jan 2021 monthly Jan 1976 - Jan 2021
Total Imports from USA (USD mn) 3,337.265 Mar 2021 monthly Jan 1976 - Mar 2021
Total Exports to China (USD mn) 3,960.095 Feb 2021 monthly Jan 1975 - Feb 2021
Total Imports from China (USD mn) 3,758.510 Feb 2021 monthly Jan 1975 - Feb 2021
Re Exports: Non Oil (SGD mn) 22,035.26 May 2018 monthly Jan 1976 - May 2018
Exports: Non Oil (SGD mn) 40,168.70 Jul 2018 monthly Jan 1964 - Jul 2018
Domestic Exports: Non Oil (SGD mn) 17,289.94 May 2018 monthly Jan 1976 - May 2018
Exports: Indonesia (SGD mn) 2,977.808 Feb 2021 monthly Jan 2003 - Feb 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 8,184.5 Dec 2020 quarterly Mar 1995 - Dec 2020
Current Account Balance (USD mn) 14,572.0 Dec 2020 quarterly Mar 1986 - Dec 2020
Current Account Balance: % of GDP (%) 16.0 Dec 2020 quarterly Mar 1986 - Dec 2020
Foreign Direct Investment (USD mn) 15,355.6 Sep 2020 quarterly Mar 1995 - Sep 2020
Foreign Direct Investment: % of GDP (%) 18.4 Sep 2020 quarterly Mar 1995 - Sep 2020
Foreign Portfolio Investment (USD mn) 410.070 Dec 2020 quarterly Mar 1995 - Dec 2020
Foreign Portfolio Investment: % of GDP (%) 0.4 Dec 2020 quarterly Mar 1995 - Dec 2020
External Debt (USD mn) 1,672,983.1 Dec 2020 quarterly Jun 2003 - Dec 2020
External Debt: % of GDP (%) 471.3 2020 yearly 2003 - 2020
External Debt: Short Term (USD mn) 1,137,667.3 Dec 2020 quarterly Jun 2003 - Dec 2020
External Debt: Short Term: % of GDP (%) 320.5 2020 yearly 2003 - 2020
Net International Investment Position (USD mn) 1,047,135.311 Dec 2020 quarterly Dec 2013 - Dec 2020
Forecast: Current Account Balance (USD bn) 63.370 2026 yearly 1980 - 2026
BoP: FA: Direct Investment (SGD mn) -19,307.900 Dec 2020 quarterly Mar 1986 - Dec 2020
BoP: CA: Services: Exports (SGD mn) 66,083.300 Dec 2020 quarterly Mar 1986 - Dec 2020
BoP: FA: Financial Derivatives (SGD mn) 5,562.100 Dec 2020 quarterly Mar 2006 - Dec 2020
BoP: CA: Secondary Income Balance (SGD mn) -2,214.300 Dec 2020 quarterly Mar 1986 - Dec 2020
BoP: Current Account (CA) Balance (SGD mn) 19,622.600 Dec 2020 quarterly Mar 1986 - Dec 2020
BoP: FA: Direct Investment: Assets (SGD mn) 11,021.200 Dec 2020 quarterly Mar 1995 - Dec 2020
BoP: FA: Others (SGD mn) -33,097.600 Dec 2020 quarterly Mar 1986 - Dec 2020
BoP: FA: Portfolio Investment (SGD mn) 30,595.200 Dec 2020 quarterly Mar 1986 - Dec 2020
BoP: FA: Portfolio Inv: Liabilities (SGD mn) 552.200 Dec 2020 quarterly Mar 1995 - Dec 2020
BoP: Financial Account (FA): Net (SGD mn) -16,248.200 Dec 2020 quarterly Mar 1986 - Dec 2020
BoP: FA: Financial Derivatives: Assets (SGD mn) 3,775.200 Dec 2020 quarterly Mar 2006 - Dec 2020
BoP: CA: Services: Balance (SGD mn) 6,882.700 Dec 2020 quarterly Mar 1986 - Dec 2020
BoP: FA: Others: Liabilities (SGD mn) 18,276.100 Dec 2020 quarterly Mar 1986 - Dec 2020
BoP: CA: Goods: Exports (SGD mn) 150,170.300 Dec 2020 quarterly Mar 1986 - Dec 2020
BoP: CA: Primary Income Balance (SGD mn) -15,633.000 Dec 2020 quarterly Mar 1986 - Dec 2020
BoP: CA: Goods: Imports (SGD mn) 119,583.100 Dec 2020 quarterly Mar 1986 - Dec 2020
BoP: CA: Primary Income Balance: Receipts (SGD mn) 33,945.700 Dec 2020 quarterly Mar 1986 - Dec 2020
BoP: FA: Portfolio Inv: Assets (SGD mn) 31,147.400 Dec 2020 quarterly Mar 1995 - Dec 2020
BoP: CA: Services: Imports (SGD mn) 59,200.600 Dec 2020 quarterly Mar 1986 - Dec 2020
BoP: CA: Primary Income Balance: Payment (SGD mn) 49,578.700 Dec 2020 quarterly Mar 1986 - Dec 2020
BoP: FA: Others: Assets (SGD mn) -14,821.500 Dec 2020 quarterly Mar 1986 - Dec 2020
BoP: FA: Direct Investment: Liabilities (SGD mn) 30,329.100 Dec 2020 quarterly Mar 1995 - Dec 2020
BoP: FA: Financial Derivatives: Liabilities (SGD mn) -1,786.900 Dec 2020 quarterly Mar 2006 - Dec 2020
BoP: CA: Goods: Balance (SGD mn) 30,587.200 Dec 2020 quarterly Mar 1986 - Dec 2020
BoP: Net Errors and Omissions (SGD mn) 920.500 Dec 2020 quarterly Mar 1986 - Dec 2020
BoP: Official Reserves (OR): Net (SGD mn) 36,791.300 Dec 2020 quarterly Mar 1986 - Dec 2020
BoP: FA: PI: Liabilities: Equity & Investment Fund Shares (SGD mn) -5,728.600 2018 yearly 1988 - 2018
BoP: FA: PI: Liabilities: Debt Securities (SGD mn) 1,256.600 2018 yearly 1988 - 2018
International Investment Position (IIP) (SGD mn) 1,108,209.700 Dec 2018 quarterly Dec 2013 - Dec 2018
External Debt: Gross (SGD mn) 2,210,679.900 Dec 2020 quarterly Jun 2003 - Dec 2020
External Debt: Gross: OL: DTC: Short Term (SGD mn) 1,248,923.800 Dec 2020 quarterly Jun 2003 - Dec 2020
External Debt: Gross: OL: DTC: Long Term (SGD mn) 219,670.400 Dec 2020 quarterly Jun 2003 - Dec 2020
External Debt: Gross: OL: OS: Short Term (SGD mn) 254,389.800 Dec 2020 quarterly Jun 2003 - Dec 2020
External Debt: Gross: OL: OS: Long Term (SGD mn) 152,684.000 Dec 2020 quarterly Jun 2003 - Dec 2020
Foreign Direct Investment (FDI): Total (SGD mn) 1,912,272.300 2019 yearly 1998 - 2019
FDI: By Industry: Financial & Insurance Services (SGD mn) 1,040,851.000 2019 yearly 1998 - 2019
FDI: By Industry: Professinal, Administrative & Support Services (SGD mn) 224,165.000 2019 yearly 1998 - 2019
FDI: By Industry: Manufacturing (SGD mn) 222,065.000 2019 yearly 1998 - 2019
FDI: By Industry: Wholesale & Retail Trade (SGD mn) 282,831.800 2019 yearly 1998 - 2019
FDI: By Country: Japan (SGD mn) 131,084.100 2019 yearly 1998 - 2019
FDI: By Country: Netherlands (SGD mn) 34,334.000 2019 yearly 1998 - 2019
FDI: By Country: Switzerland (SGD mn) 68,540.500 2019 yearly 1998 - 2019
FDI: By Country: United Kingdom (SGD mn) 101,486.000 2019 yearly 1998 - 2019
FDI: By Country: United States (SGD mn) 427,686.800 2019 yearly 1998 - 2019
Business Entities (BE): Formation: Total (Number) 6,373.000 Mar 2021 monthly Jan 1970 - Mar 2021
SG: BOP: Current Account: Personal Remittances: Received (USD mn) 0.000 2019 yearly 2005 - 2019
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.3 Dec 2019 quarterly Dec 2008 - Dec 2019
Household Debt: % of GDP (%) 67.1 Sep 2020 quarterly Mar 1995 - Sep 2020
Non-Performing Loans (USD mn) 9,947.940 Dec 2019 quarterly Dec 2008 - Dec 2019
Money Supply M1 (USD mn) 199,195.001 Feb 2021 monthly Jan 1991 - Feb 2021
Money Supply M2 (USD mn) 537,792.389 Feb 2021 monthly Jan 1991 - Feb 2021
M2 Growth (%) 10.3 Feb 2021 monthly Jan 1980 - Feb 2021
Foreign Exchange Reserves (USD mn) 379,127.9 Mar 2021 monthly Apr 2000 - Mar 2021
Foreign Exchange Reserves: % of GDP (%) 105.565 Dec 2020 quarterly Jun 2000 - Dec 2020
Foreign Exchange Reserves: Months of Import (NA) 13.4 Feb 2021 monthly Apr 2000 - Feb 2021
Gold Reserves (USD mn) 211.700 Mar 2021 monthly Apr 2000 - Mar 2021
Total Deposits Growth (%) 8.9 Feb 2021 monthly Jan 1992 - Feb 2021
Total Deposits (USD mn) 572,463.409 Feb 2021 monthly Jan 1991 - Feb 2021
Domestic Credit (USD mn) 514,789.8 Feb 2021 monthly Jan 1991 - Feb 2021
Domestic Credit Growth (%) -0.3 Feb 2021 monthly Jan 1992 - Feb 2021
Credit to Households (USD bn) 187.049 Sep 2020 quarterly Mar 1991 - Sep 2020
Credit to Private Non-Financial Sector (USD bn) 711.988 Sep 2020 quarterly Dec 1963 - Sep 2020
Household Debt (USD mn) 252,361.9 Feb 2021 monthly Mar 2004 - Feb 2021
Total Loans (USD mn) 514,792.078 Jan 2021 monthly Jan 1980 - Jan 2021
Total Loans Growth (%) -2.00 Oct 2020 monthly Jan 1981 - Oct 2020
Private Debt: % of Nominal GDP (%) 178.51 Dec 2020 quarterly Mar 2004 - Dec 2020
ORA: Gold Incl Gold Deposits and Gold Swapped (USD mn) 211.70 Jul 2018 monthly Apr 2000 - Jul 2018
ORA: Other Reserve Assets (USD mn) 472.40 Jul 2018 monthly Apr 2000 - Jul 2018
DBU: Loans & Advances: Total, Including Bills Financing (SGD mn) 667,892.20 May 2018 monthly Jan 1980 - May 2018
DBU: Loans & Advances: LB: Professional & Private Individuals (SGD mn) 10,320.90 May 2018 monthly Jan 1991 - May 2018
DBU: Loans & Advances: Consumer Loans (CL) (SGD mn) 264,859.50 May 2018 monthly Mar 2004 - May 2018
DBU: Loans & Advances: CL: Housing & Bridging Loans (SGD mn) 203,114.90 May 2018 monthly Jan 1991 - May 2018
DBU: Loans & Advances: Loans to Businesses (LB) (SGD mn) 403,032.70 May 2018 monthly Mar 2004 - May 2018
Business and Economic Survey Last Frequency Range
Business Confidence: Net Balance (% Point) 1.6 Mar 2021 monthly Jan 1999 - Mar 2021
Business Confidence Growth (% Point) 10.8 Mar 2021 monthly Jan 2000 - Mar 2021
Composite Leading Index: 2015=100 (2015=100) 109.300 Mar 2019 quarterly Mar 1978 - Mar 2019

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