Gross value added at basic prices (GVA) in Singapore
Singapore: Gross value added at basic prices (GVA) was 569.37 billion current US$ in 2025. ◆ Volatile
Gross value added at basic prices (GVA) in Singapore, 1960–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for gross value added at basic prices (gva) in Singapore is 569.37 billion current US$, 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 96.1% over ten years.
Over the whole period, gross value added at basic prices (gva) in Singapore peaked at 569.37 billion current US$ in 2025 and was at its lowest, 666.53 million current US$, in 1960.
Singapore ranks 26th of 206 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 996.24 million current US$ | 666.53 million current US$ | 1.57 billion current US$ | 10 |
| 1970s | 4.92 billion current US$ | 1.82 billion current US$ | 8.94 billion current US$ | 10 |
| 1980s | 18.64 billion current US$ | 11.45 billion current US$ | 28.88 billion current US$ | 10 |
| 1990s | 68.20 billion current US$ | 34.47 billion current US$ | 93.95 billion current US$ | 10 |
| 2000s | 126.67 billion current US$ | 84.46 billion current US$ | 184.56 billion current US$ | 10 |
| 2010s | 298.75 billion current US$ | 226.66 billion current US$ | 358.25 billion current US$ | 10 |
| 2020s | 473.57 billion current US$ | 335.08 billion current US$ | 569.37 billion current US$ | 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 569.37 billion current US$ 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 569.37 billion current US$ in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Singapore?
- The lowest recorded value was 666.53 million current US$ in 1960.
- How does Singapore rank for gross value added at basic prices (gva)?
- Singapore ranks 26th out of 206 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 96.1%. 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) (current US$). Statizoid updates them automatically from the source API.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.