Gross value added at basic prices (GVA) in Singapore
Singapore: Gross value added at basic prices (GVA) was 563.01 billion constant LCU in 2025. ◆ Volatile
Gross value added at basic prices (GVA) in Singapore, 1960–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
The most recent figure for gross value added at basic prices (gva) in Singapore is 563.01 billion constant LCU, measured in 2025. That is the highest value across all 66 years on record.
Compared with earlier readings it is 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 563.01 billion constant LCU in 2025 and was at its lowest, 7.32 billion constant LCU, in 1960.
Singapore ranks 96th of 197 countries on this measure, in the middle of the range.
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 | 10.48 billion constant LCU | 7.32 billion constant LCU | 15.82 billion constant LCU | 10 |
| 1970s | 27.87 billion constant LCU | 17.99 billion constant LCU | 38.38 billion constant LCU | 10 |
| 1980s | 59.30 billion constant LCU | 42.25 billion constant LCU | 80.92 billion constant LCU | 10 |
| 1990s | 128.05 billion constant LCU | 88.98 billion constant LCU | 163.38 billion constant LCU | 10 |
| 2000s | 223.77 billion constant LCU | 176.59 billion constant LCU | 276.63 billion constant LCU | 10 |
| 2010s | 391.25 billion constant LCU | 318.15 billion constant LCU | 450.11 billion constant LCU | 10 |
| 2020s | 504.66 billion constant LCU | 436.87 billion constant LCU | 563.01 billion constant LCU | 6 |
Countries ranked near Singapore
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 563.01 billion constant LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Singapore?
- The highest recorded value was 563.01 billion constant LCU in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Singapore?
- The lowest recorded value was 7.32 billion constant LCU in 1960.
- How does Singapore rank for gross value added at basic prices (gva)?
- Singapore ranks 96th out of 197 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 Offices (NSOs), published as part of Gross value added at basic prices (GVA) (constant LCU). Statizoid updates them automatically from the source API.
Download this data
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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 varies by country. This series is expressed in local currency units.