Singapore: Economic growth Q-on-Q
* indicates monthly or quarterly data series
The most recent value is 0.4 percent as of Q2 2024, no change compared to the previous value of 0.4 percent. Historically, the average for Singapore from Q2 1975 to Q2 2024 is 1.5 percent. The minimum of -11.9 percent was recorded in Q2 2020, while the maximum of 9 percent was reached in Q3 2020.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Department of Statistics Singapore
| Recent values | Singapore: Economic growth, quarterly |
|---|---|
| 2024 Q2 | 0.4 |
| 2024 Q1 | 0.4 |
| 2023 Q4 | 1.2 |
| 2023 Q3 | 1 |
| 2023 Q2 | 0.4 |
| 2023 Q1 | -0.5 |
| 2022 Q4 | 0 |
| 2022 Q3 | 0.7 |
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Definition: The percent change in the Gross Domestic Product from the previous quarter using constant prices. Data are seasonally adjusted.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Economic growth | 1.08 | 2023 | percent |
| GDP, constant dollars | 387.1 | 2023 | billion U.S. dollars |
| GDP, current U.S. dollars | 501.43 | 2023 | billion U.S. dollars |
| GDP per capita, current dollars | 84,734.26 | 2023 | U.S. dollars |
| GDP per capita, PPP | 127,544 | 2023 | U.S. dollars |
| GDP per capita, constant dollars | 65,422.46 | 2023 | U.S. dollars |
| Economic growth, quarterly | 2.90 | Q2/2024 | percent |
| Economic growth Q-on-Q | 0.40 | Q2/2024 | percent |
| Gross Domestic Product (GDP) | 180.43 | Q2/2024 | billion |