MAX Logo
MAX Logo

Data

InflationHousing
YouTubeXInstagramTikTok
Singapore flag

Singapore

Economic Growth

-5.39
the rate of change of real GDP
Source: IMF

Global Ranking

116
Bahrain-5.09
117
Algeria-5.1
118
Macedonia-5.21
119
Cyprus-5.23
119
Canada-5.23
121
Singapore-5.39
122
Angola-5.4
123
Malaysia-5.65
124
Belgium-5.66
125
Chile-5.77
126
Czech Republic-5.8

Asia Ranking

16
Cambodia-3.15
17
Sri Lanka-3.57
18
Azerbaijan-4.3
19
Mongolia-4.56
20
Japan-4.59
21
Singapore-5.39
22
Malaysia-5.65
23
Hong Kong-6.08
24
Thailand-6.1
25
India-7.25
26
Kyrgyzstan-8.62

Definition of Economic Growth

Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

Related Indicators