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