Singapore Labour Productivity Growth

1986 - 2022 | Quarterly | % | CEIC Data

Key information about Singapore Labour Productivity Growth

  • Singapore Labour Productivity dropped by 2.10 % YoY in Mar 2022, compared with a growth of 5.80 % in the previous quarter
  • Singapore Labour Productivity Growth data is updated quarterly, available from Mar 1986 to Mar 2022, averaging at 3.00 %
  • The data reached an all-time high of 17.90 % in Jun 2021 and a record low of -13.00 % in Mar 2009

CEIC extends history for quarterly Labour Productivity Growth. The Singapore Department of Statistics provides Labour Productivity Growth at 2015 prices. Labour Productivity Growth prior to Q1 1992 is based on 1995 prices. Employment includes members of the Singapore Armed Forces.


Further information about Singapore Labour Productivity Growth

  • In the latest reports, Singapore Population reached 5.45 Person mn in Jun 2021
  • Its Unemployment Rate increased to 2.20 % in Mar 2022
  • Monthly Earnings of Singapore stood at 4,629.56 USD in Dec 2021
  • The country's Labour Force Participation Rate increased to 70.50 % in Jun 2021

View Singapore's Labour Productivity Growth from Mar 1986 to Mar 2022 in the chart:

Singapore Labour Productivity Growth

What was Singapore's Labour Productivity Growth in Mar 2022?

Singapore Labour Productivity dropped by 2.10 % YoY in Mar 2022, compared with a growth of 5.80 % in the previous quarter See the table below for more data.

Last Previous Min Max Unit Frequency Range
2.10 Mar 2022 5.80 Dec 2021 -13.00 Mar 2009 17.90 Jun 2021 % quarterly Mar 1986 - Mar 2022

Labour Productivity Growth by Country Comparison

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Includes Labour Productivity Growth on 116 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) 15.87 Jun 2021 quarterly Mar 2010 - Jun 2021
Algeria (%) 1.55 2021 yearly 1992 - 2021
Argentina (%) 0.45 2021 yearly 1992 - 2021
Armenia (%) 4.38 Dec 2021 quarterly Mar 2009 - Dec 2021
Australia (%) -0.11 Mar 2022 quarterly Jun 1979 - Mar 2022
Austria (%) 4.89 Mar 2022 quarterly Mar 2005 - Mar 2022
Azerbaijan (%) 6.09 Dec 2021 quarterly Mar 2009 - Dec 2021
Bahrain (%) 5.51 Mar 2021 quarterly Mar 2009 - Mar 2021
Bangladesh (%) 4.59 2021 yearly 1992 - 2021
Belarus (%) 3.11 Dec 2021 quarterly Mar 2006 - Dec 2021
Belgium (%) -0.06 Mar 2022 quarterly Mar 2000 - Mar 2022
Bolivia (%) 6.71 2017 yearly 2000 - 2017
Bosnia and Herzegovina (%) 9.15 2021 yearly 2007 - 2021
Botswana (%) -3.03 Dec 2020 quarterly Sep 2008 - Dec 2020
Brazil (%) 2.43 2021 yearly 1992 - 2021
Brunei (%) -2.69 2021 yearly 1992 - 2021
Bulgaria (%) 3.29 Mar 2022 quarterly Mar 2001 - Mar 2022
Cambodia (%) 5.07 2017 yearly 2008 - 2017
Canada (%) -0.91 Dec 2021 quarterly Mar 1977 - Dec 2021
Chile (%) -0.30 Mar 2022 quarterly Mar 1987 - Mar 2022
China (%) 8.70 2021 yearly 1953 - 2021
Colombia (%) 0.59 Mar 2022 quarterly Mar 2002 - Mar 2022
Croatia (%) 3.09 Mar 2022 quarterly Mar 2008 - Mar 2022
Cyprus (%) -0.93 Mar 2022 quarterly Jun 2005 - Mar 2022
Czech Republic (%) 5.61 Mar 2022 quarterly Dec 2004 - Mar 2022
Denmark (%) 0.37 Mar 2022 quarterly Mar 1991 - Mar 2022
Ecuador (%) -4.69 2021 yearly 1992 - 2021
Egypt (%) -3.80 Jun 2021 quarterly Mar 2004 - Jun 2021
Estonia (%) 6.83 Dec 2021 quarterly Mar 1996 - Dec 2021
European Union (%) 3.05 Dec 2021 quarterly Mar 2006 - Dec 2021
Finland (%) 0.18 Mar 2022 quarterly Mar 1991 - Mar 2022
France (%) -7.14 2020 yearly 1979 - 2020
Georgia (%) 12.57 2021 yearly 1997 - 2021
Germany (%) 2.46 Mar 2022 quarterly Mar 1992 - Mar 2022
Ghana (%) 2.82 2021 yearly 1992 - 2021
Greece (%) -0.13 Mar 2022 quarterly Mar 1996 - Mar 2022
Hong Kong SAR, China (%) -3.57 Mar 2022 quarterly Dec 1982 - Mar 2022
Hungary (%) 5.73 Mar 2022 quarterly Mar 1999 - Mar 2022
Iceland (%) -1.26 Mar 2022 quarterly Mar 2004 - Mar 2022
India (%) 3.55 2021 yearly 1992 - 2021
Indonesia (%) 1.64 2021 yearly 2001 - 2021
Iran (%) 9.05 2020 yearly 1992 - 2020
Ireland (%) -1.21 Mar 2022 quarterly Mar 1999 - Mar 2022
Israel (%) 1.99 Mar 2022 quarterly Mar 2013 - Mar 2022
Italy (%) 3.92 Mar 2022 quarterly Mar 1997 - Mar 2022
Ivory Coast (%) 0.18 2020 yearly 1992 - 2020
Japan (%) -0.10 Mar 2022 quarterly Mar 1995 - Mar 2022
Jordan (%) 0.44 2017 yearly 2001 - 2017
Kazakhstan (%) 4.67 Sep 2021 quarterly Mar 2002 - Sep 2021
Kenya (%) -2.00 2021 yearly 2011 - 2021
South Korea (%) -0.77 Mar 2022 quarterly Sep 1983 - Mar 2022
Kosovo (%) 2.92 Mar 2021 quarterly Mar 2017 - Mar 2021
Kuwait (%) -1.84 2020 yearly 1996 - 2020
Kyrgyzstan (%) -8.49 2020 yearly 1993 - 2020
Laos (%) 0.91 2021 yearly 1992 - 2021
Latvia (%) 4.68 Mar 2022 quarterly Mar 2003 - Mar 2022
Lebanon (%) -9.63 2021 yearly 1992 - 2021
Lithuania (%) 0.52 Mar 2022 quarterly Mar 1996 - Mar 2022
Luxembourg (%) 0.33 Mar 2022 quarterly Mar 1996 - Mar 2022
Macau SAR, China (%) -5.49 Mar 2022 quarterly Mar 2002 - Mar 2022
North Macedonia (%) 17.50 Mar 2022 quarterly Mar 2005 - Mar 2022
Malawi (%) -1.21 2021 yearly 1992 - 2021
Malaysia (%) 2.70 Mar 2022 quarterly Mar 2001 - Mar 2022
Malta (%) 3.09 Mar 2022 quarterly Dec 2001 - Mar 2022
Mauritius (%) 9.08 Dec 2021 quarterly Mar 2005 - Dec 2021
Mexico (%) -3.81 Mar 2022 quarterly Jun 1996 - Mar 2022
Moldova (%) -2.60 Mar 2022 quarterly Mar 2001 - Mar 2022
Mongolia (%) -10.11 Mar 2022 quarterly Sep 2007 - Mar 2022
Montenegro (%) -12.15 Mar 2022 quarterly Mar 2011 - Mar 2022
Morocco (%) -3.38 2020 yearly 2000 - 2020
Mozambique (%) -1.11 2021 yearly 1992 - 2021
Myanmar (%) -15.07 2021 yearly 1992 - 2021
Nepal (%) -1.23 2021 yearly 1992 - 2021
Netherlands (%) 2.17 Mar 2022 quarterly Mar 1996 - Mar 2022
New Zealand (%) -2.38 Mar 2022 quarterly Jun 1988 - Mar 2022
Nigeria (%) 1.14 Sep 2018 quarterly Mar 2013 - Sep 2018
Norway (%) 0.65 Mar 2022 quarterly Mar 1996 - Mar 2022
Oman (%) 12.26 2020 yearly 1999 - 2020
Pakistan (%) -1.23 2019 yearly 2001 - 2019
Palestinian Territory (%) -5.24 Mar 2022 quarterly Jun 2013 - Mar 2022
Panama (%) 5.82 2021 yearly 1992 - 2021
Paraguay (%) -1.20 Mar 2022 quarterly Mar 2018 - Mar 2022
Peru (%) -1.25 2021 yearly 2002 - 2021
Philippines (%) 1.10 2021 yearly 1992 - 2021
Poland (%) 7.40 Mar 2022 quarterly Dec 1999 - Mar 2022
Portugal (%) 6.35 Mar 2022 quarterly Mar 1996 - Mar 2022
Qatar (%) -0.98 2019 yearly 2012 - 2019
Romania (%) 5.04 Mar 2022 quarterly Mar 1996 - Mar 2022
Russia (%) 2.48 Dec 2021 quarterly Mar 1996 - Dec 2021
Saudi Arabia (%) 5.41 2021 yearly 1971 - 2021
Serbia (%) -0.96 Mar 2022 quarterly Mar 2015 - Mar 2022
Singapore (%) 2.10 Mar 2022 quarterly Mar 1986 - Mar 2022
Slovakia (%) 0.28 Mar 2022 quarterly Mar 1996 - Mar 2022
Slovenia (%) 6.28 Mar 2022 quarterly Mar 1996 - Mar 2022
South Africa (%) 3.55 Mar 2022 quarterly Mar 2009 - Mar 2022
Spain (%) 2.32 Mar 2022 quarterly Mar 1996 - Mar 2022
Sri Lanka (%) 0.57 Dec 2021 quarterly Jun 2013 - Dec 2021
Sudan (%) 3.26 2010 yearly 1996 - 2010
Sweden (%) 0.31 Mar 2022 quarterly Mar 1994 - Mar 2022
Switzerland (%) 3.36 Mar 2022 quarterly Mar 2011 - Mar 2022

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Singapore Key Series

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Includes 241 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 (%) 0.1 Mar 2022 quarterly Mar 2012 - Mar 2022
Consolidated Fiscal Balance (USD mn) 282.535 Apr 2022 monthly Apr 2011 - Apr 2022
Tax Revenue (USD mn) 8,105.864 May 2022 monthly Aug 1987 - May 2022
Tax Revenue: % of GDP (%) 14.3 Mar 2022 quarterly Dec 1987 - Mar 2022
National Government Debt (USD mn) 645,624.2 Mar 2022 quarterly Mar 1990 - Mar 2022
Government Debt: % of GDP (%) 160.1 Mar 2022 quarterly Mar 1990 - Mar 2022
Forecast: Government Expenditure (SGD bn) 115.117 2028 yearly 1991 - 2028
Forecast: Government Net Debt (SGD bn) 981.352 2028 yearly 1991 - 2028
Forecast: Government Revenue (SGD bn) 137.005 2028 yearly 1991 - 2028
Govt Finance: Cash Surplus / Deficit (SGD mn) 7,580.100 May 2022 monthly Apr 2011 - May 2022
Govt Revenue: Operating (SGD mn) 11,801.400 May 2022 monthly Jan 2003 - May 2022
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.369 2027 yearly 1980 - 2027
Trade Balance (USD mn) 2,345.1 May 2022 monthly Jan 1976 - May 2022
Total Exports (USD mn) 45,337.6 May 2022 monthly Jan 1976 - May 2022
Total Exports Growth (%) 24.4 May 2022 monthly Jan 1977 - May 2022
Aluminum: Exports (USD th) 314,070.457 2020 yearly 1995 - 2020
Exports: Medicament (USD th) 9,466,181.933 2020 yearly 1995 - 2020
Exports: Medicinal and Pharmaceutical Product (USD th) 5,293,850.226 2020 yearly 1995 - 2020
Total Imports (USD mn) 42,992.4 May 2022 monthly Jan 1964 - May 2022
Total Imports Growth (%) 36.7 May 2022 monthly Jan 1965 - May 2022
Imports: Medicament (USD th) 2,000,167.680 2020 yearly 1995 - 2020
Imports: Medicinal and Pharmaceutical Product (USD th) 1,864,308.069 2020 yearly 1995 - 2020
Total Exports to USA (USD mn) 3,369.883 May 2022 monthly Jan 1976 - May 2022
Total Imports from USA (USD mn) 4,989.437 May 2022 monthly Jan 1976 - May 2022
Total Exports to China (USD mn) 4,887.379 May 2022 monthly Jan 1975 - May 2022
Total Imports from China (USD mn) 5,407.981 May 2022 monthly Jan 1975 - May 2022
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
Re Exports: Non Oil (SGD mn) 22,035.26 May 2018 monthly Jan 1976 - May 2018
Exports: Indonesia (SGD mn) 4,887.742 May 2022 monthly Jan 2003 - May 2022
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 11,302.5 Mar 2022 quarterly Mar 1995 - Mar 2022
Current Account Balance (USD mn) 21,346.1 Mar 2022 quarterly Mar 1986 - Mar 2022
Current Account Balance: % of GDP (%) 20.3 Mar 2022 quarterly Mar 1986 - Mar 2022
Foreign Direct Investment (USD mn) 27,290.7 Mar 2022 quarterly Mar 1995 - Mar 2022
Foreign Direct Investment: % of GDP (%) 26.0 Mar 2022 quarterly Mar 1995 - Mar 2022
Foreign Portfolio Investment (USD mn) -1,007.644 Mar 2022 quarterly Mar 1995 - Mar 2022
Foreign Portfolio Investment: % of GDP (%) -1.0 Mar 2022 quarterly Mar 1995 - Mar 2022
External Debt (USD mn) 1,803,598.1 Mar 2022 quarterly Jun 2003 - Mar 2022
External Debt: % of GDP (%) 448.3 2021 yearly 2003 - 2021
External Debt: Short Term (USD mn) 1,228,653.7 Dec 2021 quarterly Jun 2003 - Dec 2021
External Debt: Short Term: % of GDP (%) 311.5 2021 yearly 2003 - 2021
Forecast: Current Account Balance (USD bn) 65.153 2027 yearly 1980 - 2027
Net International Investment Position (USD mn) 1,021,016.323 Mar 2022 quarterly Dec 2013 - Mar 2022
BoP: FA: Direct Investment (SGD mn) -21,612.300 Mar 2022 quarterly Mar 1986 - Mar 2022
BoP: FA: Financial Derivatives: Liabilities (SGD mn) 9,537.800 Mar 2022 quarterly Mar 2006 - Mar 2022
BoP: FA: Portfolio Inv: Liabilities (SGD mn) -1,362.100 Mar 2022 quarterly Mar 1995 - Mar 2022
BoP: CA: Secondary Income Balance (SGD mn) -942.600 Mar 2022 quarterly Mar 1986 - Mar 2022
BoP: FA: Portfolio Inv: Assets (SGD mn) 50,322.600 Mar 2022 quarterly Mar 1995 - Mar 2022
BoP: CA: Services: Exports (SGD mn) 80,520.800 Mar 2022 quarterly Mar 1986 - Mar 2022
BoP: FA: Others: Liabilities (SGD mn) 30,953.500 Mar 2022 quarterly Mar 1986 - Mar 2022
BoP: FA: Direct Investment: Liabilities (SGD mn) 36,890.600 Mar 2022 quarterly Mar 1995 - Mar 2022
BoP: FA: Direct Investment: Assets (SGD mn) 15,278.300 Mar 2022 quarterly Mar 1995 - Mar 2022
BoP: FA: Financial Derivatives (SGD mn) -7,915.600 Mar 2022 quarterly Mar 2006 - Mar 2022
BoP: CA: Goods: Imports (SGD mn) 148,161.500 Mar 2022 quarterly Mar 1986 - Mar 2022
BoP: FA: Others: Assets (SGD mn) 85,136.500 Mar 2022 quarterly Mar 1986 - Mar 2022
BoP: Current Account (CA) Balance (SGD mn) 28,855.000 Mar 2022 quarterly Mar 1986 - Mar 2022
BoP: CA: Services: Balance (SGD mn) 2,850.000 Mar 2022 quarterly Mar 1986 - Mar 2022
BoP: Official Reserves (OR): Net (SGD mn) -46,101.500 Mar 2022 quarterly Mar 1986 - Mar 2022
BoP: CA: Goods: Exports (SGD mn) 188,204.300 Mar 2022 quarterly Mar 1986 - Mar 2022
BoP: CA: Primary Income Balance (SGD mn) -13,095.200 Mar 2022 quarterly Mar 1986 - Mar 2022
BoP: CA: Services: Imports (SGD mn) 77,670.800 Mar 2022 quarterly Mar 1986 - Mar 2022
BoP: FA: Financial Derivatives: Assets (SGD mn) 1,622.200 Mar 2022 quarterly Mar 2006 - Mar 2022
BoP: FA: Portfolio Investment (SGD mn) 51,684.700 Mar 2022 quarterly Mar 1986 - Mar 2022
BoP: Net Errors and Omissions (SGD mn) 1,383.300 Mar 2022 quarterly Mar 1986 - Mar 2022
BoP: CA: Primary Income Balance: Receipts (SGD mn) 47,835.200 Mar 2022 quarterly Mar 1986 - Mar 2022
BoP: CA: Goods: Balance (SGD mn) 40,042.800 Mar 2022 quarterly Mar 1986 - Mar 2022
BoP: Financial Account (FA): Net (SGD mn) 76,339.800 Mar 2022 quarterly Mar 1986 - Mar 2022
BoP: FA: Others (SGD mn) 54,183.000 Mar 2022 quarterly Mar 1986 - Mar 2022
BoP: CA: Primary Income Balance: Payment (SGD mn) 60,930.400 Mar 2022 quarterly Mar 1986 - Mar 2022
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: OL: DTC: Long Term (SGD mn) 189,550.400 Mar 2022 quarterly Jun 2003 - Mar 2022
External Debt: Gross: OL: OS: Short Term (SGD mn) 293,804.200 Dec 2021 quarterly Jun 2003 - Dec 2021
External Debt: Gross (SGD mn) 2,441,891.500 Mar 2022 quarterly Jun 2003 - Mar 2022
External Debt: Gross: OL: DTC: Short Term (SGD mn) 1,346,201.000 Mar 2022 quarterly Jun 2003 - Mar 2022
External Debt: Gross: OL: OS: Long Term (SGD mn) 205,665.600 Mar 2022 quarterly Jun 2003 - Mar 2022
Foreign Direct Investment (FDI): Total (SGD mn) 2,141,775.000 2020 yearly 1998 - 2020
FDI: By Industry: Wholesale & Retail Trade (SGD mn) 317,755.900 2020 yearly 1998 - 2020
FDI: By Industry: Professinal, Administrative & Support Services (SGD mn) 227,563.600 2020 yearly 1998 - 2020
FDI: By Industry: Financial & Insurance Services (SGD mn) 1,189,336.900 2020 yearly 1998 - 2020
FDI: By Industry: Manufacturing (SGD mn) 257,025.700 2020 yearly 1998 - 2020
FDI: By Country: Switzerland (SGD mn) 74,017.800 2020 yearly 1998 - 2020
FDI: By Country: Netherlands (SGD mn) 43,339.400 2020 yearly 1998 - 2020
FDI: By Country: Japan (SGD mn) 139,948.200 2020 yearly 1998 - 2020
FDI: By Country: United Kingdom (SGD mn) 127,047.500 2020 yearly 1998 - 2020
FDI: By Country: United States (SGD mn) 528,735.900 2020 yearly 1998 - 2020
Business Entities (BE): Formation: Total (Number) 5,149.000 May 2022 monthly Jan 1970 - May 2022
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 (%) 66.0 Mar 2022 quarterly Mar 1995 - Mar 2022
Non-Performing Loans (USD mn) 9,947.940 Dec 2019 quarterly Dec 2008 - Dec 2019
Money Supply M1 (USD mn) 381,271.295 Apr 2022 monthly Mar 2004 - Apr 2022
Money Supply M2 (USD mn) 873,281.552 May 2022 monthly Mar 2004 - May 2022
M2 Growth (%) 2.9 Jun 2021 monthly Mar 2005 - Jun 2021
Foreign Exchange Reserves (USD mn) 335,932.9 May 2022 monthly Apr 2000 - May 2022
Foreign Exchange Reserves: % of GDP (%) 91.401 Mar 2022 quarterly Jun 2000 - Mar 2022
Foreign Exchange Reserves: Months of Import (NA) 8.1 May 2022 monthly Apr 2000 - May 2022
Gold Reserves (USD mn) 1,794.500 May 2022 monthly Apr 2000 - May 2022
Total Deposits (USD mn) 1,219,506.537 Mar 2022 monthly Jan 1991 - Mar 2022
Total Deposits Growth (%) 7.4 Jun 2021 monthly Jan 1992 - Jun 2021
Domestic Credit (USD mn) 772,098.5 May 2022 monthly Mar 2004 - May 2022
Domestic Credit Growth (%) 3.3 Jun 2021 monthly Mar 2005 - Jun 2021
Credit to Households (USD bn) 230.679 Dec 2021 quarterly Mar 1991 - Dec 2021
Credit to Private Non-Financial Sector (USD bn) 869.254 Dec 2021 quarterly Dec 1963 - Dec 2021
Household Debt (USD mn) 278,756.3 May 2022 monthly Mar 2004 - May 2022
Total Loans (USD mn) 978,298.576 May 2022 monthly Mar 2004 - May 2022
Total Loans Growth (%) 2.07 Jun 2021 monthly Mar 2005 - Jun 2021
Private Debt: % of Nominal GDP (%) 172.93 Jun 2021 quarterly Mar 2004 - Jun 2021
ORA: Other Reserve Assets (USD mn) 472.40 Jul 2018 monthly Apr 2000 - Jul 2018
ORA: Gold Incl Gold Deposits and Gold Swapped (USD mn) 211.70 Jul 2018 monthly Apr 2000 - Jul 2018
DBU: Loans & Advances: CL: Housing & Bridging Loans (SGD mn) 203,114.90 May 2018 monthly Jan 1991 - May 2018
DBU: Loans & Advances: LB: Professional & Private Individuals (SGD mn) 10,320.90 May 2018 monthly Jan 1991 - May 2018
DBU: Loans & Advances: Total, Including Bills Financing (SGD mn) 667,892.20 May 2018 monthly Jan 1980 - May 2018
DBU: Loans & Advances: Consumer Loans (CL) (SGD mn) 264,859.50 May 2018 monthly Mar 2004 - 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 Growth (% Point) -0.6 May 2022 monthly Jan 2000 - May 2022
Composite Leading Index: 2015=100 (2015=100) 109.300 Mar 2019 quarterly Mar 1978 - Mar 2019

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