Singapore Tourism Revenue Growth

2008 - 2023 | Quarterly | % | CEIC Data

Key information about Singapore Tourism Revenue Growth

  • Singapore Tourism Revenue grew 72.6 % YoY in Sep 2023, compared with an increase of 102.3 % YoY in the previous quarter
  • Singapore Tourism Revenue Growth rate data is updated quarterly, available from Mar 2008 to Sep 2023
  • The data reached an all-time high of 1,145.9 % in Sep 2022 and a record low of -97.6 % in Jun 2020
CEIC calculates quarterly Tourism Revenue Growth from quarterly Tourism Revenue. Singapore Tourism Board provides year-to-date Tourism Revenue in local currency.

View Singapore's Tourism Revenue Growth from Mar 2008 to Sep 2023 in the chart:

Singapore Tourism Revenue Growth

What was Singapore's Tourism Revenue Growth in Sep 2023?

Singapore Tourism Revenue grew 72.6 % YoY in Sep 2023, compared with an increase of 102.3 % YoY in the previous quarter See the table below for more data.

Last Previous Min Max Unit Frequency Range
72.6 Sep 2023 102.3 Jun 2023 -97.6 Jun 2020 1,145.9 Sep 2022 % quarterly Mar 2008 - Sep 2023

Tourism Revenue Growth by Country Comparison

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country/region Last Frequency Range
Albania (%) -49.4 2020 yearly 1996 - 2020
Algeria (%) -64.3 2020 yearly 2006 - 2020
Argentina (%) -69.9 2020 yearly 1996 - 2020
Armenia (%) -80.5 2020 yearly 1996 - 2020
Australia (%) 5.9 Sep 2019 quarterly Sep 2006 - Sep 2019
Austria (%) -40.7 2020 yearly 1996 - 2020
Azerbaijan (%) -83.0 2020 yearly 1996 - 2020
Bahrain (%) -81.2 2020 yearly 1996 - 2020
Bangladesh (%) -44.3 2020 yearly 2003 - 2020
Belarus (%) -58.0 2020 yearly 1996 - 2020
Belgium (%) -29.6 2020 yearly 2002 - 2020
Bolivia (%) -75.1 2020 yearly 1996 - 2020
Bosnia and Herzegovina (%) -64.2 2020 yearly 1999 - 2020
Botswana (%) -69.5 2020 yearly 1996 - 2020
Brazil (%) 27.2 Feb 2024 monthly Jan 1991 - Feb 2024
Brunei (%) 7.3 2018 yearly 2002 - 2018
Bulgaria (%) -62.9 2020 yearly 1996 - 2020
Cambodia (%) 117.9 2023 yearly 1996 - 2023
Canada (%) 7.7 2018 yearly 1996 - 2018
Chile (%) -68.5 2020 yearly 1996 - 2020
China (%) 3.5 Dec 2018 monthly Jan 1996 - Dec 2018
Colombia (%) -71.1 2020 yearly 1996 - 2020
Croatia (%) 6.6 2018 yearly 2000 - 2018
Cyprus (%) -0.9 Jan 2024 monthly Jan 2002 - Jan 2024
Czech Republic (%) -51.2 2020 yearly 2003 - 2020
Denmark (%) 6.9 2018 yearly 1996 - 2018
Ecuador (%) -69.2 2020 yearly 1996 - 2020
Egypt (%) 9.3 Sep 2023 quarterly Dec 1994 - Sep 2023
Estonia (%) -62.6 2020 yearly 1996 - 2020
European Union (%) 0.1 2019 yearly 2000 - 2019
Finland (%) -70.4 2020 yearly 1996 - 2020
France (%) -49.2 2020 yearly 2000 - 2020
Georgia (%) -83.5 2020 yearly 1998 - 2020
Germany (%) 59.1 2022 yearly 1972 - 2022
Ghana (%) -87.2 2020 yearly 1996 - 2020
Greece (%) 35.5 Dec 2023 monthly Nov 2012 - Dec 2023
Hong Kong SAR, China (%) -22.7 2019 yearly 1999 - 2019
Hungary (%) -58.7 2020 yearly 1996 - 2020
Iceland (%) 3.9 2008 yearly 1996 - 2008
India (%) 25.2 Dec 2023 monthly Jan 2002 - Dec 2023
Indonesia (%) -80.8 2020 yearly 2003 - 2020
Iran (%) 15.9 2018 yearly 1996 - 2018
Ireland (%) -1.6 Dec 2019 quarterly Mar 2013 - Dec 2019
Israel (%) 7.9 2023 yearly 1993 - 2023
Italy (%) -60.6 2020 yearly 1996 - 2020
Ivory Coast (%) -63.8 2020 yearly 1996 - 2020
Japan (%) -76.8 2020 yearly 1996 - 2020
Jordan (%) 0.4 Jan 2024 monthly Jan 2001 - Jan 2024
Kazakhstan (%) -79.8 2020 yearly 1996 - 2020
Kenya (%) -1.2 2019 yearly 1996 - 2019
South Korea (%) 42.4 Jan 2024 monthly Jan 1976 - Jan 2024
Kuwait (%) -56.3 2020 yearly 1996 - 2020
Kyrgyzstan (%) -72.5 2020 yearly 1999 - 2020
Laos (%) -77.2 2020 yearly 1992 - 2020
Latvia (%) 11.1 2018 yearly 1996 - 2018
Lebanon (%) -72.8 2020 yearly 1996 - 2020
Lithuania (%) 7.1 2018 yearly 1996 - 2018
Luxembourg (%) -21.1 2020 yearly 2003 - 2020
Macau SAR, China (%) -77.1 2020 yearly 1996 - 2020
North Macedonia (%) -36.9 2020 yearly 1997 - 2020
Malawi (%) -43.5 2020 yearly 1996 - 2020
Malaysia (%) 152.6 2023 yearly 1982 - 2023
Malta (%) 10.9 Jan 2024 monthly Jul 2004 - Jan 2024
Mauritius (%) 8.4 Dec 2023 quarterly Mar 2006 - Dec 2023
Mexico (%) 4.7 Jan 2024 monthly Jan 1981 - Jan 2024
Moldova (%) -32.8 2020 yearly 1996 - 2020
Mongolia (%) -91.9 2020 yearly 1996 - 2020
Montenegro (%) -85.9 2020 yearly 2008 - 2020
Morocco (%) -6.5 Jan 2024 monthly Jan 1998 - Jan 2024
Mozambique (%) -65.1 2020 yearly 2003 - 2020
Myanmar (%) 724.1 2022 yearly 2007 - 2022
Nepal (%) -88.2 2021 yearly 1991 - 2021
Netherlands (%) -53.9 2020 yearly 1996 - 2020
New Zealand (%) 148.7 2023 yearly 1999 - 2023
Nigeria (%) -78.2 2020 yearly 1996 - 2020
Norway (%) -68.8 2020 yearly 1996 - 2020
Oman (%) -78.3 2020 yearly 1999 - 2020
Pakistan (%) -22.9 2020 yearly 1996 - 2020
Palestinian Territory (%) 8.9 2018 yearly 1996 - 2018
Panama (%) -73.9 2020 yearly 1996 - 2020
Paraguay (%) -74.6 2020 yearly 1996 - 2020
Peru (%) 22.7 2023 yearly 1991 - 2023
Philippines (%) -89.4 2021 yearly 1971 - 2021
Poland (%) -46.7 2020 yearly 1996 - 2020
Portugal (%) 13.9 Dec 2023 monthly Jul 2007 - Dec 2023
Qatar (%) -8.5 2020 yearly 2012 - 2020
Romania (%) -62.0 2020 yearly 1996 - 2020
Russia (%) -71.2 2020 yearly 2002 - 2020
Saudi Arabia (%) 517.4 2022 yearly 2005 - 2022
Serbia (%) -28.9 2020 yearly 2003 - 2020
Singapore (%) 72.6 Sep 2023 quarterly Mar 2008 - Sep 2023
Slovakia (%) -61.1 2020 yearly 1996 - 2020
Slovenia (%) -57.7 2020 yearly 1996 - 2020
South Africa (%) 6.8 Dec 2023 monthly Sep 2005 - Dec 2023
Spain (%) 24.3 Jan 2024 monthly Jan 1994 - Jan 2024
Sri Lanka (%) 124.2 2022 yearly 1967 - 2022
Sudan (%) 60.0 2021 yearly 2001 - 2021
Sweden (%) 5.4 2018 yearly 1996 - 2018
Switzerland (%) 20.9 2022 yearly 2002 - 2022
Syria (%) -71.2 2011 yearly 2004 - 2011

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Singapore Key Series

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Includes 230 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 (%) 1.5 Dec 2023 quarterly Mar 2012 - Dec 2023
Consolidated Fiscal Balance (USD mn) 2,633.747 Feb 2024 monthly Apr 2011 - Feb 2024
Tax Revenue (USD mn) 8,564.884 Feb 2024 monthly Aug 1987 - Feb 2024
Tax Revenue: % of GDP (%) 10.1 Dec 2023 quarterly Dec 1987 - Dec 2023
National Government Debt (USD mn) 871,871.2 Dec 2023 quarterly Mar 1990 - Dec 2023
Government Debt: % of GDP (%) 170.8 Dec 2023 quarterly Mar 1990 - Dec 2023
Forecast: Government Expenditure (SGD bn) 147.746 2029 yearly 1991 - 2029
Forecast: Government Net Debt (SGD bn) 1,456.380 2029 yearly 1991 - 2029
Forecast: Government Revenue (SGD bn) 170.603 2029 yearly 1991 - 2029
Govt Finance: Cash Surplus / Deficit (SGD mn) 3,541.600 Feb 2024 monthly Apr 2011 - Feb 2024
Govt Revenue: Operating (SGD mn) 12,149.100 Feb 2024 monthly Jan 2003 - Feb 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.209 2028 yearly 1980 - 2028
Trade Balance (USD mn) 4,438.4 Feb 2024 monthly Jan 1976 - Feb 2024
Total Exports (USD mn) 41,098.4 Feb 2024 monthly Jan 1976 - Feb 2024
Total Exports Growth (%) 6.7 Feb 2024 monthly Jan 1977 - Feb 2024
Aluminum: Exports (USD th) 710,153.306 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 10,982,157.540 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 7,291,818.243 2022 yearly 1995 - 2022
Total Imports (USD mn) 36,659.9 Feb 2024 monthly Jan 1964 - Feb 2024
Total Imports Growth (%) 9.0 Feb 2024 monthly Jan 1965 - Feb 2024
Imports: Medicament (USD th) 2,207,048.295 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 2,625,676.303 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 3,443.382 Feb 2024 monthly Jan 1976 - Feb 2024
Total Imports from USA (USD mn) 3,705.218 Feb 2024 monthly Jan 1976 - Feb 2024
Total Exports to China (USD mn) 4,780.943 Feb 2024 monthly Jan 1975 - Feb 2024
Total Imports from China (USD mn) 3,706.529 Feb 2024 monthly Jan 1975 - Feb 2024
Re Exports: Non Oil (SGD mn) 22,035.26 May 2018 monthly Jan 1976 - May 2018
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
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 21,534.5 Dec 2023 quarterly Mar 1995 - Dec 2023
Current Account Balance (USD mn) 25,500.6 Dec 2023 quarterly Mar 1986 - Dec 2023
Current Account Balance: % of GDP (%) 19.5 Dec 2023 quarterly Mar 1986 - Dec 2023
Foreign Direct Investment (USD mn) 56,128.3 Dec 2023 quarterly Mar 1995 - Dec 2023
Foreign Direct Investment: % of GDP (%) 42.9 Dec 2023 quarterly Mar 1995 - Dec 2023
Foreign Portfolio Investment (USD mn) 12,621.668 Dec 2023 quarterly Mar 1995 - Dec 2023
Foreign Portfolio Investment: % of GDP (%) 9.7 Dec 2023 quarterly Mar 1995 - Dec 2023
External Debt (USD mn) 1,995,943.0 Dec 2023 quarterly Jun 2003 - Dec 2023
External Debt: % of GDP (%) 391.1 2023 yearly 2003 - 2023
External Debt: Short Term (USD mn) 1,297,112.3 Dec 2023 quarterly Jun 2003 - Dec 2023
External Debt: Short Term: % of GDP (%) 254.2 2023 yearly 2003 - 2023
Forecast: Current Account Balance (USD bn) 74.156 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) 859,132.722 Dec 2023 quarterly Dec 2013 - Dec 2023
BoP: CA: Secondary Income Balance (SGD mn) -1,586.000 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: FA: Others: Liabilities (SGD mn) -13,237.200 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: Official Reserves (OR): Net (SGD mn) 13,193.400 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: CA: Primary Income Balance: Receipts (SGD mn) 54,446.100 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: CA: Primary Income Balance (SGD mn) -30,668.000 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: Net Errors and Omissions (SGD mn) -1,315.400 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: FA: Financial Derivatives: Liabilities (SGD mn) -868.800 Dec 2023 quarterly Mar 2006 - Dec 2023
BoP: CA: Goods: Exports (SGD mn) 189,904.700 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: FA: Others: Assets (SGD mn) 23,081.800 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: FA: Portfolio Inv: Liabilities (SGD mn) 17,032.100 Dec 2023 quarterly Mar 1995 - Dec 2023
BoP: FA: Portfolio Investment (SGD mn) 32,491.500 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: CA: Goods: Balance (SGD mn) 52,921.800 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: FA: Direct Investment: Assets (SGD mn) 29,059.400 Dec 2023 quarterly Mar 1995 - Dec 2023
BoP: Financial Account (FA): Net (SGD mn) 19,902.600 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: CA: Services: Imports (SGD mn) 102,106.400 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: FA: Portfolio Inv: Assets (SGD mn) 49,523.600 Dec 2023 quarterly Mar 1995 - Dec 2023
BoP: FA: Others (SGD mn) 36,319.000 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: CA: Primary Income Balance: Payment (SGD mn) 85,114.100 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: Current Account (CA) Balance (SGD mn) 34,411.400 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: CA: Services: Exports (SGD mn) 115,850.000 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: FA: Direct Investment: Liabilities (SGD mn) 75,741.400 Dec 2023 quarterly Mar 1995 - Dec 2023
BoP: FA: Financial Derivatives (SGD mn) -2,225.900 Dec 2023 quarterly Mar 2006 - Dec 2023
BoP: CA: Goods: Imports (SGD mn) 136,982.900 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: CA: Services: Balance (SGD mn) 13,743.600 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: FA: Direct Investment (SGD mn) -46,682.000 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: FA: Financial Derivatives: Assets (SGD mn) -3,094.700 Dec 2023 quarterly Mar 2006 - Dec 2023
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: OS: Long Term (SGD mn) 268,923.100 Dec 2023 quarterly Jun 2003 - Dec 2023
External Debt: Gross: OL: DTC: Short Term (SGD mn) 1,376,242.500 Sep 2023 quarterly Jun 2003 - Sep 2023
External Debt: Gross (SGD mn) 2,633,247.600 Dec 2023 quarterly Jun 2003 - Dec 2023
External Debt: Gross: OL: DTC: Long Term (SGD mn) 172,930.000 Dec 2023 quarterly Jun 2003 - Dec 2023
External Debt: Gross: OL: OS: Short Term (SGD mn) 303,534.300 Sep 2023 quarterly Jun 2003 - Sep 2023
FDI: By Industry: Professinal, Administrative & Support Services (SGD mn) 175,782.000 2022 yearly 1998 - 2022
FDI: By Industry: Manufacturing (SGD mn) 323,144.100 2022 yearly 1998 - 2022
FDI: By Industry: Financial & Insurance Services (SGD mn) 1,476,535.300 2022 yearly 1998 - 2022
FDI: By Industry: Wholesale & Retail Trade (SGD mn) 411,171.600 2022 yearly 1998 - 2022
FDI: By Country: Netherlands (SGD mn) 70,409.500 2022 yearly 1998 - 2022
FDI: By Country: United States (SGD mn) 574,017.500 2022 yearly 1998 - 2022
FDI: By Country: United Kingdom (SGD mn) 138,604.600 2022 yearly 1998 - 2022
FDI: By Country: Switzerland (SGD mn) 80,150.900 2022 yearly 1998 - 2022
Foreign Direct Investment (FDI): Total (SGD mn) 2,618,994.200 2022 yearly 1998 - 2022
FDI: By Country: Japan (SGD mn) 177,665.900 2022 yearly 1998 - 2022
Business Entities (BE): Formation: Total (Number) 6,250.000 Mar 2024 monthly Jan 1970 - Mar 2024
SG: BOP: Current Account: Personal Remittances: Received (USD mn) 0.000 2022 yearly 2005 - 2022
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.3 Dec 2019 quarterly Dec 2008 - Dec 2019
Household Debt: % of GDP (%) 54.1 Dec 2023 quarterly Mar 1995 - Dec 2023
Non-Performing Loans (USD mn) 9,947.940 Dec 2019 quarterly Dec 2008 - Dec 2019
Money Supply M1 (USD mn) 339,220.196 Feb 2024 monthly Mar 2004 - Feb 2024
Money Supply M2 (USD mn) 943,072.277 Feb 2024 monthly Mar 2004 - Feb 2024
M2 Growth (%) 2.9 Feb 2024 monthly Mar 2005 - Feb 2024
Foreign Exchange Reserves (USD mn) 343,134.7 Feb 2024 monthly Apr 2000 - Feb 2024
Foreign Exchange Reserves: % of GDP (%) 67.165 Dec 2023 quarterly Jun 2000 - Dec 2023
Foreign Exchange Reserves: Months of Import (NA) 10.2 Feb 2024 monthly Apr 2000 - Feb 2024
Gold Reserves (USD mn) 6,577.900 Feb 2024 monthly Apr 2000 - Feb 2024
Total Deposits (USD mn) 1,348,421.565 Feb 2024 monthly Jan 1991 - Feb 2024
Total Deposits Growth (%) 4.3 Feb 2024 monthly Jan 1992 - Feb 2024
Domestic Credit (USD mn) 841,946.3 Feb 2024 monthly Mar 2004 - Feb 2024
Domestic Credit Growth (%) -1.1 Feb 2024 monthly Mar 2005 - Feb 2024
Credit to Households (USD bn) 227.662 Sep 2023 quarterly Mar 1991 - Sep 2023
Credit to Private Non-Financial Sector (USD bn) 856.674 Sep 2023 quarterly Dec 1963 - Sep 2023
Household Debt (USD mn) 271,296.0 Feb 2024 monthly Mar 2004 - Feb 2024
Total Loans (USD mn) 934,088.133 Feb 2024 monthly Mar 2004 - Feb 2024
Total Loans Growth (%) -1.48 Feb 2024 monthly Mar 2005 - Feb 2024
Private Debt: % of Nominal GDP (%) 130.91 Dec 2023 quarterly Mar 2004 - Dec 2023
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: Total, Including Bills Financing (SGD mn) 667,892.20 May 2018 monthly Jan 1980 - May 2018
DBU: Loans & Advances: Loans to Businesses (LB) (SGD mn) 403,032.70 May 2018 monthly Mar 2004 - May 2018
DBU: Loans & Advances: Consumer Loans (CL) (SGD mn) 264,859.50 May 2018 monthly Mar 2004 - May 2018
DBU: Loans & Advances: LB: Professional & Private Individuals (SGD mn) 10,320.90 May 2018 monthly Jan 1991 - May 2018
DBU: Loans & Advances: CL: Housing & Bridging Loans (SGD mn) 203,114.90 May 2018 monthly Jan 1991 - May 2018
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 1.6 Mar 2024 monthly Jan 2000 - Mar 2024
Composite Leading Index: 2015=100 (2015=100) 109.300 Mar 2019 quarterly Mar 1978 - Mar 2019

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