Singapore (2024)
21.4
% of GDP
-0.8pp YoY
YoY Change
-0.8pp
percentage points
Trend
down
Series length
35
years of data

Data

Year% of GDPYoY Change
202421.4-0.8pp
202322.2-1.7pp
202223.8-0.8pp
202124.6+1.4pp
202023.2-0.8pp
201924.1-1.3pp
201825.4+1.9pp
201723.5+0.3pp
201623.2-1.1pp
201524.3+0.1pp
201424.2+0.7pp
201323.4-1.6pp
201225-0.2pp
201125.3-1.4pp
201026.6-0.4pp
200927+0.6pp
200826.4-1.8pp
200728.2-2.7pp
200630.9-0.5pp
200531.4n/a

About this Dataset

Singapore recorded 21.4 % of GDP in 2024. The most recent year-on-year change was -0.8pp. The historical series (1990–2024) shows a peak of 32.6 in 1991 and a trough of 21.4 in 2024.

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 industry value added (% 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 32.6 % of GDP in 1991 and reached its lowest recorded value of 21.4 in 2024. The latest reading of 21.4 in 2024 represents a year-on-year change of -0.8pp.