Singapore Services Value Added (% of GDP) (2025)
Singapore's Services Value Added (% of GDP): 71.6 % of GDP in 2025, -1.5pp YoY. World Bank (NV.SRV.TOTL.ZS), 1976–2025.
Singapore (2025)
71.6
% of GDP
-1.5pp YoY
YoY Change
-1.5pp
percentage points
Trend
down
Series length
50
years of data
Data
| Year | % of GDP | YoY Change |
|---|---|---|
| 2025 | 71.6 | -1.5pp |
| 2024 | 73.1 | +0.3pp |
| 2023 | 72.8 | +1.2pp |
| 2022 | 71.6 | +1.3pp |
| 2021 | 70.3 | -1.9pp |
| 2020 | 72.2 | +1.3pp |
| 2019 | 70.9 | +1.4pp |
| 2018 | 69.5 | -1pp |
| 2017 | 70.5 | -0.4pp |
| 2016 | 70.9 | +0.9pp |
| 2015 | 70 | -0.3pp |
| 2014 | 70.3 | -0.5pp |
| 2013 | 70.8 | +1.6pp |
| 2012 | 69.2 | +0.2pp |
| 2011 | 69 | +1.2pp |
| 2010 | 67.8 | -0.2pp |
| 2009 | 68 | -0.3pp |
| 2008 | 68.3 | +2.3pp |
| 2007 | 66 | +1.1pp |
| 2006 | 64.9 | +0.8pp |
About this Dataset
Singapore recorded 71.6 % of GDP in 2025. The latest change was -1.5pp. Across 1976–2025 the series ranges from 59.9 in 1980 to 73.1 in 2024.
This page tracks services sector value added as a share of GDP in Singapore from 1990 to present. The shift toward services-led growth is a defining trend across advanced and emerging markets.
Data sourced from World Bank via Open Data API. Values use World Bank standardised methodology intended for cross-country comparison.
Frequently Asked Questions
This page tracks services sector value added as a share of GDP in Singapore from 1990 to present. The shift toward services-led growth is a defining trend across advanced and emerging markets. It is published by World Bank and updated annually.
The most recent observation covers 2025. World Bank typically publishes this series with a lag of several months after the reference period. The series runs 1976–2025 (50 observations).
The series peaked at 73.1 % of GDP in 2024 and reached its lowest recorded value of 59.9 in 1980. The latest reading of 71.6 in 2025 represents a change of -1.5pp.