{"version":1,"asset_type":"statistical_series","data_type":"time_series","slug":"sg-services-value-added-gdp","url":"https://apiardata.com/statistics/sg-services-value-added-gdp","html_url":"https://apiardata.com/statistics/sg-services-value-added-gdp/","title":"Singapore Services Value Added (% of GDP) (2025)","description":"Singapore's Services Value Added (% of GDP): 71.6 % of GDP in 2025, -1.5pp YoY. World Bank (NV.SRV.TOTL.ZS), 1976–2025.","domain":"macro","category":"Economy & Macro","keywords":["Economy & Macro","World Bank","Singapore","2025"],"publisher":"World Bank","frequency":"Annual","geography":"Singapore","temporal_coverage":"1976/2025","unit":"% of GDP","last_updated":"2026-07-26","last_updated_text":"26 July 2026","data_as_of":"2025","variable_measured":"Singapore Services Value Added (% of GDP)","license":"https://apiardata.com/data-license","is_accessible_for_free":true,"sources":[{"name":"World Bank","url":"https://data.worldbank.org/indicator/NV.SRV.TOTL.ZS?locations=SG"}],"meta":[{"label":"Frequency","value":"Annual"},{"label":"Coverage","value":"1976–2025"},{"label":"Observations","value":"50"},{"label":"Geography","value":"Singapore"},{"label":"Last updated","value":"26 July 2026"}],"kpis":[{"label":"Singapore (2025)","value":"71.6","unit":"% of GDP","trend":{"direction":"down","value":"-1.5pp YoY"}},{"label":"YoY Change","value":"-1.5pp","unit":"percentage points"},{"label":"Trend","value":"down","unit":""},{"label":"Series length","value":"50","unit":"years of data"}],"series":[{"key":"value","label":"Singapore Services Value Added (% of GDP)"}],"observation_count":50,"observations":[{"period":"1976","value":62.4078542197102},{"period":"1977","value":62.5486143384781},{"period":"1978","value":63.1627166337649},{"period":"1979","value":61.5031313265094},{"period":"1980","value":59.8996505550917},{"period":"1981","value":60.5060622034792},{"period":"1982","value":61.8191823714289},{"period":"1983","value":60.6931525566241},{"period":"1984","value":60.0322546632671},{"period":"1985","value":63.1408028818387},{"period":"1986","value":62.6172886603232},{"period":"1987","value":62.8562333285766},{"period":"1988","value":61.5408657310278},{"period":"1989","value":62.3349127771842},{"period":"1990","value":64.1826128527513},{"period":"1991","value":62.8172155818229},{"period":"1992","value":62.4616993365536},{"period":"1993","value":62.0075344836918},{"period":"1994","value":61.8328396505188},{"period":"1995","value":61.6183244378062},{"period":"1996","value":62.0785374864116},{"period":"1997","value":62.6299907711597},{"period":"1998","value":62.7222601305176},{"period":"1999","value":63.0692808669937},{"period":"2000","value":60.6645197437216},{"period":"2001","value":63.593634234512},{"period":"2002","value":63.9769556802401},{"period":"2003","value":64.3487252076354},{"period":"2004","value":63.0725751287076},{"period":"2005","value":64.0731843759255},{"period":"2006","value":64.8768540490551},{"period":"2007","value":66.0401485014903},{"period":"2008","value":68.3479617553522},{"period":"2009","value":68.0060695233087},{"period":"2010","value":67.8435170825381},{"period":"2011","value":69.0231236262618},{"period":"2012","value":69.2086270458185},{"period":"2013","value":70.7623061587241},{"period":"2014","value":70.3453257931675},{"period":"2015","value":69.950933310914},{"period":"2016","value":70.860754843351},{"period":"2017","value":70.4927917684058},{"period":"2018","value":69.4949536159476},{"period":"2019","value":70.9279273443295},{"period":"2020","value":72.1508165463618},{"period":"2021","value":70.2860999789074},{"period":"2022","value":71.6491509669484},{"period":"2023","value":72.7555004530899},{"period":"2024","value":73.148677820633},{"period":"2025","value":71.5907910689054}],"table":{"columns":[{"key":"year","label":"Year"},{"key":"value","label":"% of GDP"},{"key":"yoyChange","label":"YoY Change"}],"rows":[{"year":"2025","value":"71.6","yoyChange":"-1.5pp"},{"year":"2024","value":"73.1","yoyChange":"+0.3pp"},{"year":"2023","value":"72.8","yoyChange":"+1.2pp"},{"year":"2022","value":"71.6","yoyChange":"+1.3pp"},{"year":"2021","value":"70.3","yoyChange":"-1.9pp"},{"year":"2020","value":"72.2","yoyChange":"+1.3pp"},{"year":"2019","value":"70.9","yoyChange":"+1.4pp"},{"year":"2018","value":"69.5","yoyChange":"-1.0pp"},{"year":"2017","value":"70.5","yoyChange":"-0.4pp"},{"year":"2016","value":"70.9","yoyChange":"+0.9pp"},{"year":"2015","value":"70.0","yoyChange":"-0.3pp"},{"year":"2014","value":"70.3","yoyChange":"-0.5pp"},{"year":"2013","value":"70.8","yoyChange":"+1.6pp"},{"year":"2012","value":"69.2","yoyChange":"+0.2pp"},{"year":"2011","value":"69.0","yoyChange":"+1.2pp"},{"year":"2010","value":"67.8","yoyChange":"-0.2pp"},{"year":"2009","value":"68.0","yoyChange":"-0.3pp"},{"year":"2008","value":"68.3","yoyChange":"+2.3pp"},{"year":"2007","value":"66.0","yoyChange":"+1.1pp"},{"year":"2006","value":"64.9","yoyChange":"+0.8pp"}]},"qa":[{"question":"What does this indicator measure?","answer":"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."},{"question":"How current is this data?","answer":"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)."},{"question":"What is the long-term trend?","answer":"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."}]}