Nominal GDP in billions of USD
Year -
$501.43 billions(0.59%)
In 2023, Singapore witnessed an increase in its Nominal GDP, rising to 501.43 billion dollars, and an increase in its GDP based on Purchasing Power Parity (PPP), which reached 837.35 international billion dollars.
Relatedly, in the preceding year of 2022, Singapore has Nominal GDP stood at 498.48 billion dollars, while the GDP based on PPP was 799.31 international billion dollars.
The net change in Singapore's GDP (Nominal) in 2023 increased by 2.95 billion dollars(0.59%), and GDP (PPP) increased by 38.040 international billion dollars(4.76%).
| Nominal | PPP | |||||
|---|---|---|---|---|---|---|
| Year | Bil $ | Net Chg | % Chg | Int Bil $ | Net Chg | % Chg |
| 1960 | 0.7 | - | - | - | - | - |
| 1961 | 0.76 | 0.06 | 8.57 % | - | - | - |
| 1962 | 0.83 | 0.07 | 9.21 % | - | - | - |
| 1963 | 0.92 | 0.09 | 10.84 % | - | - | - |
| 1964 | 0.89 | -0.03 | -3.26 % | - | - | - |
| 1965 | 0.97 | 0.08 | 8.99 % | - | - | - |
| 1966 | 1.1 | 0.13 | 13.4 % | - | - | - |
| 1967 | 1.24 | 0.14 | 12.73 % | - | - | - |
| 1968 | 1.43 | 0.19 | 15.32 % | - | - | - |
| 1969 | 1.66 | 0.23 | 16.08 % | - | - | - |
| 1970 | 1.92 | 0.26 | 15.66 % | - | - | - |
| 1971 | 2.26 | 0.34 | 17.71 % | - | - | - |
| 1972 | 2.72 | 0.46 | 20.35 % | - | - | - |
| 1973 | 3.7 | 0.98 | 36.03 % | - | - | - |
| 1974 | 5.22 | 1.52 | 41.08 % | - | - | - |
| 1975 | 5.63 | 0.41 | 7.85 % | - | - | - |
| 1976 | 6.33 | 0.7 | 12.43 % | - | - | - |
| 1977 | 6.62 | 0.29 | 4.58 % | - | - | - |
| 1978 | 7.52 | 0.9 | 13.6 % | - | - | - |
| 1979 | 9.3 | 1.78 | 23.67 % | - | - | - |
| 1980 | 11.9 | 2.6 | 27.96 % | - | - | - |
| 1981 | 14.18 | 2.28 | 19.16 % | - | - | - |
| 1982 | 16.08 | 1.9 | 13.4 % | - | - | - |
| 1983 | 17.78 | 1.7 | 10.57 % | - | - | - |
| 1984 | 19.75 | 1.97 | 11.08 % | - | - | - |
| 1985 | 19.16 | -0.59 | -2.99 % | - | - | - |
| 1986 | 18.59 | -0.57 | -2.97 % | - | - | - |
| 1987 | 20.92 | 2.33 | 12.53 % | - | - | - |
| 1988 | 25.37 | 4.45 | 21.27 % | - | - | - |
| 1989 | 30.47 | 5.1 | 20.1 % | - | - | - |
| 1990 | 36.14 | 5.67 | 18.61 % | 72.57 | - | - |
| 1991 | 45.47 | 9.33 | 25.82 % | 80.04 | 7.47 | 10.29 % |
| 1992 | 52.13 | 6.66 | 14.65 % | 87.3 | 7.26 | 9.07 % |
| 1993 | 60.6 | 8.47 | 16.25 % | 99.61 | 12.31 | 14.1 % |
| 1994 | 73.69 | 13.09 | 21.6 % | 113.03 | 13.42 | 13.47 % |
| 1995 | 87.81 | 14.12 | 19.16 % | 123.68 | 10.65 | 9.42 % |
| 1996 | 96.29 | 8.48 | 9.66 % | 135.35 | 11.67 | 9.44 % |
| 1997 | 100.12 | 3.83 | 3.98 % | 149.13 | 13.78 | 10.18 % |
| 1998 | 85.73 | -14.39 | -14.37 % | 147.51 | -1.62 | -1.09 % |
| 1999 | 86.29 | 0.56 | 0.65 % | 158.15 | 10.64 | 7.21 % |
| 2000 | 96.08 | 9.79 | 11.35 % | 176.35 | 18.2 | 11.51 % |
| 2001 | 89.79 | -6.29 | -6.55 % | 178.39 | 2.04 | 1.16 % |
| 2002 | 92.54 | 2.75 | 3.06 % | 188.27 | 9.88 | 5.54 % |
| 2003 | 97.65 | 5.11 | 5.52 % | 200.71 | 12.44 | 6.61 % |
| 2004 | 115.03 | 17.38 | 17.8 % | 226.6 | 25.89 | 12.9 % |
| 2005 | 127.81 | 12.78 | 11.11 % | 250.92 | 24.32 | 10.73 % |
| 2006 | 148.63 | 20.82 | 16.29 % | 281.95 | 31.03 | 12.37 % |
| 2007 | 180.94 | 32.31 | 21.74 % | 315.72 | 33.77 | 11.98 % |
| 2008 | 193.62 | 12.68 | 7.01 % | 327.8 | 12.08 | 3.83 % |
| 2009 | 194.15 | 0.53 | 0.27 % | 330.24 | 2.44 | 0.74 % |
| 2010 | 239.81 | 45.66 | 23.52 % | 382.79 | 52.55 | 15.91 % |
| 2011 | 279.36 | 39.55 | 16.49 % | 414.97 | 32.18 | 8.41 % |
| 2012 | 295.09 | 15.73 | 5.63 % | 436.19 | 21.22 | 5.11 % |
| 2013 | 307.58 | 12.49 | 4.23 % | 448.61 | 12.42 | 2.85 % |
| 2014 | 314.86 | 7.28 | 2.37 % | 462.49 | 13.88 | 3.09 % |
| 2015 | 308 | -6.86 | -2.18 % | 482.41 | 19.92 | 4.31 % |
| 2016 | 319.05 | 11.05 | 3.59 % | 503.17 | 20.76 | 4.3 % |
| 2017 | 343.26 | 24.21 | 7.59 % | 536.69 | 33.52 | 6.66 % |
| 2018 | 376.89 | 33.63 | 9.8 % | 585.86 | 49.17 | 9.16 % |
| 2019 | 376.9 | 0.01 | 0 % | 601.97 | 16.11 | 2.75 % |
| 2020 | 349.49 | -27.41 | -7.27 % | 577.75 | -24.22 | -4.02 % |
| 2021 | 434.11 | 84.62 | 24.21 % | 719.13 | 141.38 | 24.47 % |
| 2022 | 498.48 | 64.37 | 14.83 % | 799.31 | 80.18 | 11.15 % |
| 2023 | 501.43 | 2.95 | 0.59 % | 837.35 | 38.04 | 4.76 % |