Singapore Private Consumption: % of GDP

1960 - 2019 | Yearly | % | CEIC Data

Singapore Private Consumption accounted for 36.0 % of its Nominal GDP in Dec 2019, compared with a ratio of 34.8 % in the previous year. Singapore Private Consumption contribution to Nominal GDP ratio is updated yearly, available from Dec 1960 to Dec 2019, with an average share of 45.1 %. The data reached an all-time high of 90.4 % in Dec 1961 and a record low of 34.8 % in Dec 2018. CEIC calculates Private Consumption as % of Nominal GDP from annual Private Consumption Expenditure and annual Nominal GDP. The Department of Statistics provides Private Consumption Expenditure in local currency. The Ministry of Trade and Industry provides Nominal GDP in local currency.

In the latest reports, Singapore GDP contracted 5.8 % YoY in Sep 2020. Singapore Nominal GDP reached 83.4 USD bn in Sep 2020. Its GDP deflator (implicit price deflator) fell 5.0 % in Sep 2020. Singapore GDP Per Capita reached 65,233.0 USD in Dec 2019. Its Gross Savings Rate was measured at 46.1 % in Dec 2019.

View Singapore's Private Consumption: % of GDP from 1960 to 2019 in the chart:

Singapore Private Consumption: % of GDP

What was Singapore's Private Consumption: % of GDP in 2019?

Last Previous Min Max Unit Frequency Range
36.0 2019 34.8 2018 34.8 2018 90.4 1961 % yearly 1960 - 2019

Private Consumption: % of GDP by Country Comparison

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Includes Private Consumption: % of GDP on 115 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) 79.7 Sep 2020 quarterly Mar 2008 - Sep 2020
Algeria (%) 43.5 2019 yearly 1950 - 2019
Argentina (%) 61.8 Sep 2020 quarterly Mar 1993 - Sep 2020
Armenia (%) 76.7 Sep 2020 quarterly Dec 1994 - Sep 2020
Australia (%) 53.1 Sep 2020 quarterly Sep 1959 - Sep 2020
Austria (%) 52.3 Sep 2020 quarterly Mar 1988 - Sep 2020
Azerbaijan (%) 61.9 Mar 2020 quarterly Mar 2001 - Mar 2020
Bahrain (%) 39.6 2018 yearly 1975 - 2018
Bangladesh (%) 68.5 2020 yearly 1960 - 2020
Belarus (%) 50.0 Sep 2020 quarterly Mar 1994 - Sep 2020

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Singapore Key Series

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Includes 274 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) 62.665 Sep 2020 monthly Apr 2011 - Sep 2020
Tax Revenue (USD mn) 5,150.330 Nov 2020 monthly Aug 1987 - Nov 2020
Tax Revenue: % of GDP (%) 13.7 Sep 2020 quarterly Dec 1987 - Sep 2020
National Government Debt (USD mn) 505,455.3 Sep 2020 quarterly Mar 1990 - Sep 2020
Government Debt: % of GDP (%) 147.0 Sep 2020 quarterly Mar 1990 - Sep 2020
Forecast: Government Expenditure (SGD bn) 86.441 2025 yearly 1990 - 2025
Forecast: Government Net Debt (SGD bn) 795.470 2025 yearly 1990 - 2025
Forecast: Government Revenue (SGD bn) 101.605 2025 yearly 1990 - 2025
Govt Finance: Cash Surplus / Deficit (SGD mn) 188.300 Nov 2020 monthly Apr 2011 - Nov 2020
Govt Revenue: Operating (SGD mn) 7,367.200 Nov 2020 monthly Jan 2003 - Nov 2020

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