Prefer this file over scraping the HTML page.

# Singapore Economy

> Singapore economic indicators: GDP $603.9B, inflation 2.2%. 35 official series with history to 1957, from national and international… Updated Aug 2026.

## Indicators

| Indicator | Last | Date | Previous | Highest | Lowest |
| --- | --- | --- | --- | --- | --- |
| Age-dependency ratio | 35.0% | Dec 2025 | 33.9% | 89.6% (Dec 1961) | 26.9% (Dec 2012) |
| Total fertility rate | 0.97 births per woman | Dec 2024 | 0.97 births per woman | 5.76 births per woman (Dec 1960) | 0.97 births per woman (Dec 2024) |
| Life expectancy at birth | 83.35 years | Dec 2024 | 83.10 years | 83.60 years (Dec 2019) | 65.56 years (Dec 1960) |
| Total population | 6.1M | Dec 2025 | 6.0M | 6.1M (Dec 2025) | 1.6M (Dec 1960) |
| Working-age population | 4.5M | Dec 2025 | 4.5M | 4.5M (Dec 2025) | 0.9M (Dec 1960) |
| Current account % GDP | 16.7% | Dec 2025 | 17.2% | 27.1% (Dec 2007) | -19.6% (Dec 1974) |
| Current Account Goods | $55.0B | Jun 2026 | $46.3B | $55.0B (Jun 2026) | $2.0B (Mar 1996) |
| Current Account Services | $11.2B | Jun 2026 | $8.6B | $12.4B (Dec 2022) | $-4.0B (Jun 2014) |
| FDI inflows | $159.1B | Dec 2025 | $135.1B | $159.1B (Dec 2025) | $93.0M (Dec 1970) |
| Gold Reserves | $5.8B | Jul 2026 | $5.8B | $7.2B (May 2024) | $208.9M (Mar 2001) |
| Tourism Revenues | $6.4B | Jun 2026 | $7.4B | $7.4B (Sep 2025) | $655.1M (Jun 2003) |
| CO2 emissions | 58.87 Mt CO₂ | Dec 2024 | 56.10 Mt CO₂ | 58.87 Mt CO₂ (Dec 2024) | 8.00 Mt CO₂ (Dec 1970) |
| Energy use per capita | 5,283 kg oil eq. per capita | Dec 2023 | 5,785 kg oil eq. per capita | 7,371 kg oil eq. per capita (Dec 2004) | 3,783 kg oil eq. per capita (Dec 1990) |
| Budget balance % GDP | 4.2% | Dec 2025 | 3.8% | 8.0% (Dec 2011) | -6.7% (Dec 2020) |
| Government debt % GDP | 171.3% | Dec 2025 | 166.0% | 171.3% (Dec 2025) | 69.8% (Dec 1995) |
| Military expenditure | 2.8% | Dec 2024 | 2.8% | 5.7% (Dec 1977) | 2.4% (Dec 2022) |
| Military expenditure, current USD | $15.1B | Dec 2024 | $14.2B | $15.1B (Dec 2024) | $103.6M (Dec 1970) |
| Government Spending to GDP | 15.5% | Dec 2025 | 14.3% | 24.0% (Dec 2020) | 9.0% (Dec 2007) |
| Tax revenue % GDP | 13.6% | Dec 2024 | 13.7% | 18.9% (Dec 1982) | 11.6% (Dec 2005) |
| Official / period-average FX vs USD | 1.28 per USD | Aug 2026 | 1.29 per USD | 3.06 per USD (Nov 1971) | 1.21 per USD (Aug 2011) |
| Foreign-exchange reserves (ex-gold) | $427.9B | Jul 2026 | $426.2B | $430.1B (May 2026) | $73.9B (Jul 2001) |
| GDP, current prices, USD | $603.9B | Dec 2025 | $572.9B | $603.9B (Dec 2025) | $704.8M (Dec 1960) |
| Full-Year GDP Growth | 5.0% | Dec 2025 | 5.3% | 14.5% (Dec 2010) | -3.6% (Dec 2020) |
| GDP per capita, PPP | Int$163,354 | Dec 2025 | Int$153,161 | Int$163,354 (Dec 2025) | Int$23,815 (Dec 1990) |
| GDP per capita, current USD | $98,814 | Dec 2025 | $94,897 | $98,814 (Dec 2025) | $428 (Dec 1960) |
| GDP, PPP, international $ | Int$998.3B | Dec 2025 | Int$924.6B | Int$998.3B (Dec 2025) | Int$72.6B (Dec 1990) |
| Real GDP growth, YoY | 5.7% | Dec 2025 | 4.4% | 19.0% (Jun 2021) | -11.7% (Jun 2020) |
| Inflation rate, CPI YoY | 2.2% | Jul 2026 | 1.9% | 7.6% (Apr 2008) | -1.6% (May 2016) |
| Hospital beds per 1,000 | 2.81 per 1,000 people | Dec 2023 | 2.83 per 1,000 people | 4.39 per 1,000 people (Dec 1960) | 2.14 per 1,000 people (Dec 2011) |
| Health expenditure % GDP | 4.5% | Dec 2023 | 4.3% | 5.7% (Dec 2020) | 2.8% (Dec 2007) |
| ICT goods exports, % of goods exports | 34.6% | Dec 2024 | 31.7% | 54.4% (Dec 2000) | 14.0% (Dec 2006) |
| ICT service exports, % of service exports | 8.0% | Dec 2025 | 7.8% | 8.8% (Dec 2020) | 2.2% (Dec 2000) |
| Industrial production YoY | 8.7% | Dec 2025 | 3.8% | 29.7% (Dec 2010) | -11.6% (Dec 2001) |
| Research & development expenditure % GDP | 1.8% | Dec 2022 | 1.9% | 2.6% (Dec 2008) | 1.3% (Dec 1996) |
| High-technology exports, % of manufactured exports | 59.4% | Dec 2024 | 56.1% | 59.4% (Dec 2024) | 47.7% (Dec 2011) |

## Full detail pages

- [Age Dependency Ratio](/singapore/age-dependency-ratio.md)
- [Fertility Rate](/singapore/total-fertility-rate.md)
- [Life Expectancy](/singapore/life-expectancy-at-birth.md)
- [Population](/singapore/population.md)
- [Working-Age Population](/singapore/working-age-population.md)
- [Current Account to GDP](/singapore/current-account-pct-gdp.md)
- [Current Account Goods](/singapore/current-account-goods.md)
- [Current Account Services](/singapore/current-account-services.md)
- [FDI Inflows](/singapore/fdi-inflows.md)
- [Gold Reserves](/singapore/gold-reserves.md)
- [Tourism Revenues](/singapore/tourism-revenues.md)
- [CO2 Emissions](/singapore/co2-emissions.md)
- [Energy Use per Capita](/singapore/energy-use-per-capita.md)
- [Government Budget](/singapore/budget-balance-pct-gdp.md)
- [Government Debt to GDP](/singapore/government-debt-to-gdp.md)
- [Military Expenditure](/singapore/military-expenditure.md)
- [Military Expenditure (USD)](/singapore/military-expenditure-usd.md)
- [Government Spending to GDP](/singapore/government-spending-to-gdp.md)
- [Tax Revenue to GDP](/singapore/tax-revenue-pct-gdp.md)
- [Exchange Rate](/singapore/exchange-rate.md)
- [Foreign Exchange Reserves](/singapore/foreign-exchange-reserves.md)
- [GDP](/singapore/gdp.md)
- [Full-Year GDP Growth](/singapore/full-year-gdp-growth.md)
- [GDP per Capita PPP](/singapore/gdp-per-capita-ppp.md)
- [GDP per Capita](/singapore/gdp-per-capita-current-usd.md)
- [GDP PPP](/singapore/gdp-ppp-international.md)
- [GDP Growth Rate](/singapore/gdp-growth-rate.md)
- [Inflation Rate](/singapore/inflation-rate.md)
- [Hospital Beds](/singapore/hospital-beds-per-1-000.md)
- [Health Expenditure](/singapore/health-expenditure-pct-gdp.md)
- [ICT Goods Exports](/singapore/ict-goods-exports-share.md)
- [ICT Service Exports](/singapore/ict-service-exports-share.md)
- [Industrial Production](/singapore/industrial-production-yoy.md)
- [R&D Expenditure](/singapore/rd-expenditure-pct-gdp.md)
- [High-Tech Exports](/singapore/high-tech-exports-share.md)

## FAQ

**What is the current inflation rate in Singapore?**

Singapore's consumer price inflation is 2.2% year-on-year as of Jul 2026.

**How big is Singapore's economy?**

Singapore's nominal GDP was $603.9B in 2025.

**Where does this data come from?**

We use primary economic sources for every country. See our methodology page for how we source and verify it.

---
Full history via API: `GET https://api.economicsapi.com/v1/history?country=singapore&indicator={indicator}`. Same data as an MCP tool, one per indicator.