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East Asia & Pacific · High income

Singapore: the economy in numbers

Per person: $98,814, or $163,354 at purchasing power parity. Population: 6.11 million (2025).

$604B+5.0%real GDP growth, 2025

GDP in 2025, current US dollars: #27 of 204 economies. IMF forecast for 2026: +5.0%.

GDP per capita
$98,814
2025 · #8 of 204
GDP per capita, PPP
$163,354
2025 · #1 of 197
Inflation
0.9%
2025 · IMF forecast 2026: 2.3%
Government debt
165.8%
2024 · % of GDP, general government
Population
6.11M
2025 · #113 of 217
Unemployment
2.8%
2025 · ILO estimate
Stock market capitalization
136.5%
2025 · % of GDP · $824B
Life expectancy
83.3 years
2024

GDP

Adjusted for US inflation, in 2025 dollars: $7.68 billion in 1960, $604 billion in 2025.

Current US dollars; “In 2025 dollars” removes US inflationSource: World Bank, World Development Indicators (CC BY 4.0)

GDP per capita

In 2025 dollars: $4,664 per person in 1960, $98,814 in 2025.

GDP per capitaGDP per capita, PPP (international $)
PPP: purchasing power parity, international dollarsSource: World Bank, World Development Indicators (CC BY 4.0)

Real GDP growth

Average over 2016–2025: 3.4% a year. Years of falling GDP since 1961: 5 of 65.

Shaded: IMF forecasts from 2026Source: World Bank, World Development Indicators (CC BY 4.0)
Source: International Monetary Fund, World Economic Outlook (October 2026)

Inflation

Consumer prices rose by 57.7% from 2000 to 2025. Highest annual inflation: 22.4% in 1974.

Shaded: IMF forecasts from 2026Source: World Bank, World Development Indicators (CC BY 4.0)
Source: International Monetary Fund, World Economic Outlook (October 2026)

Government debt, % of GDP

Highest since 1990: 170.4% of GDP in 2023. IMF forecast for 2031: 169.2%.

General government (IMF)Central government only (World Bank)
Shaded: IMF estimates from 2025, forecasts from 2026Source: International Monetary Fund, World Economic Outlook (October 2026)
Source: World Bank, World Development Indicators (CC BY 4.0)

Stock market capitalization, % of GDP

In 2025 listed domestic companies were worth $824 billion, or 136.5% of GDP.

Listed domestic companies, end of year (the “Buffett indicator”)Source: World Bank, World Development Indicators (CC BY 4.0)

Population

1960: 1.65 million · 2025: 6.11 million.

Source: World Bank, World Development Indicators (CC BY 4.0)

Unemployment rate

1991: 2.2% · 2025: 2.8%.

% of the labor force, ILO modeled estimatesSource: World Bank, World Development Indicators (CC BY 4.0)

Life expectancy at birth

1960: 65.6 years · 2024: 83.3 years.

Source: World Bank, World Development Indicators (CC BY 4.0)

Exports of goods and services

1960: 162.8% · 2025: 177.9%.

% of GDPSource: World Bank, World Development Indicators (CC BY 4.0)

Data by year

Show the year-by-year table
YearGDPGDP per capitaPer capita, PPPReal growthInflationGov. debt, % GDPPopulationUnemploymentStock market, % GDPLife expectancyExports, % GDP
20312.5%f2.0%f169.2%f
20302.5%f2.0%f169.0%f
20292.5%f2.0%f168.5%f
20282.5%f2.0%f167.9%f
20273.0%f2.2%f167.1%f
20265.0%f2.3%f166.4%f
2025$604B$98,814$163,3545.0%0.9%165.7%e6.11M2.8%136.5%177.9%
2024$573B$94,897$153,1615.3%2.4%165.8%6.04M2.7%111.3%83.3174.7%
2023$511B$86,383$144,7281.5%4.8%170.4%5.92M3.4%119.0%83.1180.4%
2022$514B$91,228$144,4184.0%6.1%153.3%5.64M3.6%120.4%82.9185.0%
2021$441B$80,885$133,99010.1%2.3%139.9%5.45M4.6%150.4%83.1181.2%
2020$351B$61,773$102,117−3.6%−0.2%147.1%5.69M4.1%185.8%83.5181.2%
2019$377B$66,069$105,5221.2%0.6%127.7%5.7M3.1%185.0%83.6176.8%
2018$378B$67,033$104,1983.2%0.4%109.2%5.64M3.6%181.8%83.3177.7%
2017$345B$61,436$96,0574.3%0.6%107.3%5.61M4.2%228.3%83.1171.0%
2016$321B$57,204$90,2153.9%−0.5%105.9%5.61M4.1%199.7%82.8163.8%
2015$308B$55,646$87,1563.0%−0.5%102.1%5.54M3.8%207.8%82.7178.4%
2014$315B$57,565$84,5553.9%1.0%97.7%5.47M3.7%239.1%82.5192.0%
2013$308B$56,967$83,0884.8%2.4%98.2%5.4M3.9%242.0%82.2195.1%
2012$295B$55,548$82,1084.4%4.6%106.7%5.31M3.7%259.3%82.0196.7%
2011$279B$53,891$80,0526.2%5.3%103.1%5.18M3.9%214.2%81.7203.3%
2010$240B$47,237$75,40114.5%2.8%98.7%5.08M4.1%269.9%81.5198.0%
2009$194B$38,927$66,2130.1%0.6%101.7%4.99M5.9%247.9%81.2190.8%
2008$194B$40,009$67,7351.9%6.6%97.9%4.84M4.0%136.9%80.8229.0%
2007$181B$39,433$68,8059.0%2.1%87.8%4.59M3.9%298.0%80.4212.8%
2006$149B$33,768$64,0619.0%1.0%86.5%4.4M4.5%258.6%80.1228.0%
2005$128B$29,961$58,8227.4%0.4%92.7%4.27M5.6%201.3%80.0225.2%
2004$115B$27,608$54,3849.9%1.7%95.7%4.17M5.8%189.1%79.5214.0%
2003$97.6B$23,730$48,7784.5%0.5%99.1%4.11M5.9%152.1%79.0202.6%
2002$92.5B$22,160$45,0833.9%−0.4%96.3%4.18M5.7%109.7%78.6184.1%
2001$89.8B$21,700$43,109−1.1%1.0%94.5%4.14M3.8%128.8%78.3182.9%
2000$96.1B$23,853$43,7819.0%1.4%82.3%4.03M3.7%159.1%78.0188.4%
1999$86.3B$21,797$39,9495.7%0.0%85.3%3.96M4.8%223.7%77.6176.7%
1998$85.7B$21,829$37,560−2.2%−0.3%84.6%3.93M3.4%110.8%77.3166.8%
1997$100B$26,376$39,2868.3%2.0%70.8%3.8M2.5%104.3%76.9169.3%
1996$96.3B$26,233$36,8737.5%1.4%71.3%3.67M3.6%155.8%76.6175.6%
1995$87.8B$24,915$35,0907.2%1.7%69.8%3.52M3.3%168.5%76.3181.1%
1994$73.7B$21,552$33,05811.1%3.1%70.7%3.42M3.0%182.0%76.2166.2%
1993$60.6B$18,290$30,06211.5%2.3%71.2%3.31M3.1%218.9%76.0161.7%
1992$52.1B$16,136$27,0226.6%2.3%79.0%3.23M3.1%93.9%75.9161.7%
1991$45.5B$14,502$25,5306.7%3.4%76.4%3.14M2.2%104.7%75.6168.5%
1990$36.1B$11,862$23,8159.8%3.5%73.5%3.05M94.8%75.3177.2%
1989$30.5B$10,39510.2%2.3%2.93M117.9%74.9179.3%
1988$25.4B$8,91411.3%1.5%2.85M94.6%74.7184.7%
1987$20.9B$7,53910.8%0.5%2.77M85.5%74.5164.0%
1986$18.6B$6,8001.3%−1.4%2.73M89.4%74.2148.7%
1985$19.2B$7,002−0.6%0.5%2.74M57.8%73.9152.2%
1984$19.7B$7,2288.8%2.6%2.73M62.0%73.3156.5%
1983$17.8B$6,6338.6%1.2%2.68M87.3%73.0166.9%
1982$16.1B$6,0787.1%3.9%2.65M72.9%72.7185.4%
1981$14.2B$5,59710.8%8.2%2.53M245.6%72.6198.2%
1980$11.9B$4,92810.1%8.5%2.41M205.3%72.2202.0%
1979$9.3B$3,9019.6%4.1%2.38M146.4%71.5184.7%
1978$7.52B$3,1947.8%4.9%2.35M71.3165.4%
1977$6.62B$2,8466.9%3.2%2.33M71.0162.8%
1976$6.33B$2,7597.4%−1.8%2.29M70.7149.5%
1975$5.63B$2,4904.0%2.5%2.26M70.4137.1%
1974$5.22B$2,3426.1%22.4%2.23M69.9149.5%
1973$3.7B$1,68510.6%19.6%2.19M69.5118.3%
1972$2.72B$1,26413.3%2.1%2.15M69.2106.7%
1971$2.26B$1,07112.4%1.8%2.11M69.0119.5%
1970$1.92B$92613.9%0.5%2.07M68.7126.0%
1969$1.66B$81313.8%−0.3%2.04M68.3132.1%
1968$1.43B$70913.5%0.7%2.01M68.0125.7%
1967$1.24B$62612.5%3.3%1.98M67.7114.3%
1966$1.1B$56710.2%2.0%1.93M67.5123.3%
1965$975M$5177.8%0.2%1.89M67.2123.2%
1964$894M$486−3.1%1.7%1.84M67.0122.1%
1963$918M$51110.0%2.2%1.79M66.8141.2%
1962$826M$4727.6%0.4%1.75M66.4138.1%
1961$765M$4498.1%0.4%1.7M66.0142.4%
1960$705M$4281.65M65.6162.8%

e: IMF estimate; f: IMF forecast.

Nearby economies in East Asia & Pacific

Nearest by distance between capitals, with GDP per capita.

American Samoa · Australia · Brunei · Cambodia · China · Fiji · French Polynesia · Guam · Hong Kong · Indonesia · Japan · Kiribati · Laos · Macao · Malaysia · Marshall Islands · Micronesia · Mongolia · Myanmar · Nauru · New Caledonia · New Zealand · North Korea · Northern Mariana Islands · Palau · Papua New Guinea · Philippines · Samoa · Singapore · Solomon Islands · South Korea · Thailand · Timor-Leste · Tonga · Tuvalu · Vanuatu · Vietnam

Rankings

Data and methods

Source: World Bank, World Development Indicators (CC BY 4.0)
Source: International Monetary Fund, World Economic Outlook (October 2026)