Singapore Household Final Consumption (% of GDP) (2024)
Singapore's Household Final Consumption (% of GDP): 31.5 % of GDP in 2024, -0.1pp YoY. World Bank (NE.CON.PRVT.ZS), 1990–2024.
Singapore (2024)
31.5
% of GDP
-0.1pp YoY
YoY Change
-0.1pp
percentage points
Trend
down
Series length
35
years of data
Data
| Year | % of GDP | YoY Change |
|---|---|---|
| 2024 | 31.5 | -0.1pp |
| 2023 | 31.6 | +3.6pp |
| 2022 | 28 | -0.7pp |
| 2021 | 28.7 | -3.4pp |
| 2020 | 32.1 | -3.6pp |
| 2019 | 35.7 | +1.1pp |
| 2018 | 34.6 | -0.6pp |
| 2017 | 35.2 | -1.3pp |
| 2016 | 36.5 | -0.7pp |
| 2015 | 37.2 | -0.4pp |
| 2014 | 37.6 | +0.3pp |
| 2013 | 37.3 | +0pp |
| 2012 | 37.3 | +0.7pp |
| 2011 | 36.6 | +0.3pp |
| 2010 | 36.3 | -2.8pp |
| 2009 | 39.1 | -0.8pp |
| 2008 | 40 | +3.2pp |
| 2007 | 36.8 | -1.3pp |
| 2006 | 38.1 | -1.7pp |
| 2005 | 39.8 | n/a |
About this Dataset
Singapore recorded 31.5 % of GDP in 2024. The most recent year-on-year change was -0.1pp. The historical series (1990–2024) shows a peak of 46.2 in 2001 and a trough of 28.0 in 2022.
Data sourced from World Bank Open Data API. Values use World Bank standardised methodology ensuring cross-country comparability.
The chart above shows the full historical trend; the table below lists annual values with year-on-year changes.
Frequently Asked Questions
This indicator tracks singapore household final consumption (% of gdp) in Singapore, published by World Bank. Data covers 1990–2024 at annual frequency using harmonised methodology.
The most recent observation covers 2024. World Bank typically publishes this series with a lag of several months after the reference period. Data is updated annual.
The series peaked at 46.2 % of GDP in 2001 and reached its lowest recorded value of 28.0 in 2022. The latest reading of 31.5 in 2024 represents a year-on-year change of -0.1pp.