Gross value added at basic prices (GVA) in Singapore
Singapore: Gross value added at basic prices (GVA) was 409.51 billion constant 2015 US$ in 2025. ◆ Volatile
Gross value added at basic prices (GVA) in Singapore, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gross value added at basic prices (gva) in Singapore is 409.51 billion constant 2015 US$, measured in 2025. That is the highest value across all 66 years on record.
That represents a change of up 5.0% on the previous year and up 41.0% over ten years.
Over the whole period, gross value added at basic prices (gva) in Singapore peaked at 409.51 billion constant 2015 US$ in 2025 and was at its lowest, 5.32 billion constant 2015 US$, in 1960.
Singapore ranks 32nd of 193 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.63 billion constant 2015 US$ | 5.32 billion constant 2015 US$ | 11.51 billion constant 2015 US$ | 10 |
| 1970s | 20.27 billion constant 2015 US$ | 13.09 billion constant 2015 US$ | 27.91 billion constant 2015 US$ | 10 |
| 1980s | 43.14 billion constant 2015 US$ | 30.73 billion constant 2015 US$ | 58.86 billion constant 2015 US$ | 10 |
| 1990s | 93.14 billion constant 2015 US$ | 64.72 billion constant 2015 US$ | 118.84 billion constant 2015 US$ | 10 |
| 2000s | 162.76 billion constant 2015 US$ | 128.44 billion constant 2015 US$ | 201.21 billion constant 2015 US$ | 10 |
| 2010s | 284.58 billion constant 2015 US$ | 231.41 billion constant 2015 US$ | 327.40 billion constant 2015 US$ | 10 |
| 2020s | 367.07 billion constant 2015 US$ | 317.76 billion constant 2015 US$ | 409.51 billion constant 2015 US$ | 6 |
Countries ranked near Singapore
- 29 United Arab Emirates 457.09 billion constant 2015 US$ compare
- 30 Malaysia 438.62 billion constant 2015 US$ compare
- 31 Norway 422.33 billion constant 2015 US$ compare
- 33 Vietnam 403.05 billion constant 2015 US$ compare
- 34 Pakistan 400.78 billion constant 2015 US$ compare
- 35 Austria 378.73 billion constant 2015 US$ compare
More economy & growth data for Singapore
- DEC alternative conversion factor 1.31 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -14.11 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -10.79 billion current US$ (2025)
- Taxes less subsidies on products 45.11 billion current LCU (2025)
- Taxes less subsidies on products 34.50 billion current US$ (2025)
- Net primary income (Net income from abroad) -133.40 billion current LCU (2025)
- Net primary income (Net income from abroad) -102.03 billion current US$ (2025)
- GNI per capita 107,365 current LCU (2025)
- GNI per capita, Atlas method 81,760 current US$ (2025)
- GNI 656.13 billion current LCU (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Singapore?
- Gross value added at basic prices (gva) in Singapore was 409.51 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in Singapore?
- The highest recorded value was 409.51 billion constant 2015 US$ in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Singapore?
- The lowest recorded value was 5.32 billion constant 2015 US$ in 1960.
- How does Singapore rank for gross value added at basic prices (gva)?
- Singapore ranks 32nd out of 193 countries with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in Singapore?
- Over the last ten years it is up 41.0%. The long-run trend across the full record is volatile.
- Where does this Singapore data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.