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Economy Snapshot

Singapore Economy and Trade

SingaporeLocal time

GDP $603.87B · real growth 5.0% · latest verified annual data

Singapore's macroeconomic panel uses $603.87B as the nominal GDP observation for 2025 and 5.0% as the real-growth observation for 2025. For household-scale context, GDP per capita is $98,814 in 2025, while consumer-price inflation is 0.9% in 2025. Each measure keeps its own reference period below, avoiding a false same-year comparison between series released on different schedules.

Nominal GDP
$603.87B
current US$ · 2025
World Bank
GDP per capita
$98,814
current US$ · 2025
Source listed below
Real GDP growth
5.0%
annual % · 2025
Source listed below
Inflation
0.9%
CPI annual % · 2025
Source listed below

Singapore at a Glance

Each measure keeps its actual reference year and definition.

Output trend

Nominal GDP · annual observations · current US$ · World Bank
201520172019202120232025$308.00B$603.87B
2015: $308.00B2016: $320.76B2017: $344.80B2018: $377.98B2019: $376.83B2020: $351.23B2021: $441.11B2022: $514.25B2023: $511.18B2024: $572.88B2025: $603.87B
GDP per capita$98,814
Real growth5.0%
GDP year2025
2025 Inflation
0.9%
CPI annual %
2025 Unemployment
2.8%
labor-market measure
2025 GDP per capita
$98,814
current US$

Macro signals

Available measures are shown with their reported reference periods.

Macro signals

World Bank annual observations
MACRO
Real growth20255.0%
Unemployment20252.8%
Inflation20250.9%
Understand the numbers

What Singapore's economic profile is telling you

Singapore's nominal GDP exceeded $600 billion in the updated 2025 World Bank series, with GDP per capita close to $99,000. Real growth reached 5.0 percent, inflation was 0.9 percent and modeled unemployment 2.8 percent.

Reading the macro data

Nominal GDP measures current-dollar size. Real growth, inflation and unemployment describe different economic conditions and can have different reference years.

Reading the trade data

Merchandise trade covers goods. A balance appears only when exports and imports have a verified matching year and currency basis.

Detailed Economic Data

IndicatorSingaporeReference periodStatus
GDPcurrent US$$603.87B2025Actual
GDP per capitacurrent US$$98,8142025Actual
Real GDP growthannual %5.0%2025Actual
InflationCPI annual %0.9%2025Actual
Unemploymentmodeled ILO estimate2.8%2025Estimate
Merchandise balancematched year requiredNot calculatedUnavailableUnavailable

Frequently Asked Questions

What is Singapore's latest GDP?

The verified GDP observation used here is $603.87B for 2025.

What does merchandise trade show for Singapore?

A matched merchandise export and import pair was not independently resolved on this page, so no goods balance is calculated.

Sources & methodology

Sources for the economic indicators and definitions shown above.

View sources used for this page
WTO Tariff and Trade Data

Matched-year merchandise trade where independently resolved.