Singapore Real GDP Growth
The Gross Domestic Product (GDP) in Singapore contracted 5.8 % YoY in Sep 2020, following a negative growth of 13.3 % in the previous quarter. Real GDP Growth YoY data in Singapore is updated quarterly, available from Mar 1976 to Sep 2020, with an average rate of 7.0 %. The data reached an all-time high of 18.6 % in Jun 2010 and a record low of -13.3 % in Jun 2020. The Ministry of Trade and Industry provides Real GDP Growth at chain linked 2015 prices.
In the latest reports, Nominal GDP of Singapore reached 83.4 USD bn in Sep 2020. Its GDP deflator (implicit price deflator) fell 5.7 % in Jun 2020. GDP Per Capita in Singapore reached 65,233.0 USD in Dec 2019. Its Gross Savings Rate was measured at 46.1 % in Dec 2019.
View Singapore's Real GDP Growth from Mar 1976 to Sep 2020 in the chart:
What was Singapore's Real GDP Growth in Sep 2020?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -5.8 Sep 2020 | -13.3 Jun 2020 | -13.3 Jun 2020 | 18.6 Jun 2010 | % | quarterly | Mar 1976 - Sep 2020 |
Real GDP Growth by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | -11.0 Jun 2020 | quarterly | Mar 2010 - Jun 2020 |
| Algeria (%) | -3.9 Mar 2020 | quarterly | Mar 2012 - Mar 2020 |
| Argentina (%) | -19.8 Jun 2020 | quarterly | Mar 2005 - Jun 2020 |
| Armenia (%) | -9.1 Sep 2020 | quarterly | Mar 2001 - Sep 2020 |
| Australia (%) | -6.3 Jun 2020 | quarterly | Sep 1960 - Jun 2020 |
| Austria (%) | -14.5 Jun 2020 | quarterly | Mar 1989 - Jun 2020 |
| Azerbaijan (%) | 0.2 Mar 2020 | quarterly | Mar 2001 - Mar 2020 |
| Bahrain (%) | -8.9 Jun 2020 | quarterly | Mar 2009 - Jun 2020 |
| Bangladesh (%) | 5.2 2020 | yearly | 2007 - 2020 |
| Belarus (%) | -3.3 Jun 2020 | quarterly | Mar 2006 - Jun 2020 |
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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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