Singapore GDP: SPI: Accommodation & Food Services (AFS

1960 - 2024 | Yearly | SGD mn | Singapore Department of Statistics

Singapore GDP: SPI: Accommodation & Food Services (AFS data was reported at 11,048.000 SGD mn in 2024. This records an increase from the previous number of 10,408.700 SGD mn for 2023. Singapore GDP: SPI: Accommodation & Food Services (AFS data is updated yearly, averaging 2,631.800 SGD mn from Dec 1960 (Median) to 2024, with 65 observations. The data reached an all-time high of 11,048.000 SGD mn in 2024 and a record low of 81.500 SGD mn in 1960. Singapore GDP: SPI: Accommodation & Food Services (AFS data remains active status in CEIC and is reported by Singapore Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.A026: GDP by Industry: SSIC 2020: Current Price (Annual).

View Singapore's Singapore GDP: SPI: Accommodation & Food Services (AFS from 1960 to 2024 in the chart:

Singapore Singapore GDP: SPI: Accommodation & Food Services (AFS

What was Singapore's Singapore GDP: SPI: Accommodation & Food Services (AFS in 2024?

Last Previous Min Max Unit Frequency Range
11,048.000 2024 10,408.700 2023 81.500 1960 11,048.000 2024 SGD mn yearly 1960 - 2024

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Singapore Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 164,987.150 2027 yearly 1980 - 2027
Forecast: Nominal GDP Per Capita (USD) 114,244.182 2030 yearly 1980 - 2030
Forecast: Real GDP Growth (%) 2.486 2027 yearly 1980 - 2027
GDP Deflator Growth (%) -0.7 Sep 2025 quarterly Mar 1976 - Sep 2025
GDP per Capita (USD) 90,689.000 2024 yearly 1960 - 2024
Gross Fixed Capital Formation (USD mn) 33,677.027 Sep 2025 quarterly Mar 1975 - Sep 2025
Gross Savings Rate (%) 47.5 2024 yearly 1960 - 2024
Investment: % of GDP (%) 22.2 2024 yearly 1960 - 2024
Nominal GDP (USD mn) 147,763.7 Sep 2025 quarterly Mar 1975 - Sep 2025
Nominal GDP Growth (%) 3.395 Sep 2025 quarterly Mar 1976 - Sep 2025
Private Consumption Expenditure (USD mn) 46,509.621 Sep 2025 quarterly Mar 1975 - Sep 2025
Private Consumption: % of GDP (%) 31.5 2024 yearly 1960 - 2024
Public Consumption Expenditure (USD mn) 14,808.912 Sep 2025 quarterly Mar 1975 - Sep 2025
Public Consumption: % of GDP (%) 10.6 2024 yearly 1960 - 2024
Real GDP Growth (%) 4.2 Sep 2025 quarterly Mar 1976 - Sep 2025
Total Trade of Goods & Services: % of Nominal GDP (%) 331.294 Sep 2025 quarterly Mar 1975 - Sep 2025
Gross National Product (GNP) (USD mn) 458,476.500 2024 yearly 1960 - 2024
Production Last Frequency Range
Industrial Production Index Growth (%) 14.1 Nov 2025 monthly Jan 1984 - Nov 2025
Construction and Properties Last Frequency Range
House Prices Growth (%) 5.1 Sep 2025 quarterly Mar 1976 - Sep 2025
Nominal Residential Property Price Index (2010=100) 160.452 Jun 2025 quarterly Mar 1998 - Jun 2025
Nominal Residential Property Price Index Growth (%) 5.081 Sep 2025 quarterly Mar 1999 - Sep 2025
Real Residential Property Price Index (2010=100) 120.476 Sep 2025 quarterly Mar 1998 - Sep 2025
Real Residential Property Price Index Growth (%) 2.616 Jun 2025 quarterly Mar 1999 - Jun 2025
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 2.2 Sep 2025 quarterly Mar 2012 - Sep 2025
Forecast: Government Expenditure (SGD bn) 168.350 2031 yearly 1991 - 2031
Forecast: Government Net Debt (SGD bn) 1,657.979 2031 yearly 1991 - 2031
Forecast: Government Revenue (SGD bn) 186.395 2031 yearly 1991 - 2031
Government Debt: % of GDP (%) 173.4 Sep 2025 quarterly Mar 1990 - Sep 2025
Tax Revenue (USD mn) 4,385.191 Oct 2025 monthly Aug 1987 - Oct 2025
National Government Debt (USD mn) 1,010,431.8 Sep 2025 quarterly Mar 1990 - Sep 2025
Consolidated Fiscal Balance (USD mn) 926.421 Oct 2025 monthly Apr 2011 - Oct 2025
Tax Revenue: % of GDP (%) 16.1 Sep 2025 quarterly Dec 1987 - Sep 2025
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 4,096,100.000 Sep 2025 quarterly Jun 1997 - Sep 2025
Forecast: Employment (Person mn) 3.833 2024 yearly 1980 - 2024
Forecast: Population (Person mn) 6.314 2030 yearly 1980 - 2030
Forecast: Unemployment Rate (%) 2.000 2028 yearly 1980 - 2028
Labour Productivity Growth (%) 2.70 Sep 2025 quarterly Mar 1986 - Sep 2025
Monthly Earnings (USD) 5,008 Sep 2025 quarterly Mar 1995 - Sep 2025
Population (Person mn) 6.1 2025 yearly 1950 - 2025
Unemployment Rate (%) 2.00 Sep 2025 monthly Mar 2020 - Sep 2025

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