Singapore: economy and key statistics
Singapore is number 27 in the 311 Nations Index, with a GDP of $603.9 billion in 2025. GDP per person is $98,814. The economy grew by 5.0% in 2025. Unemployment is 2.8%. The economy is 72% services, 23% industry, 0% agriculture. In 311 Institute directories: 102 R&D labs, 9 startups, 78 investors, 8 Titans.
Part of the 311 Nations Index (311institute.com). Last updated .
National power
Singapore is number 24 in the 311 National Power Index, scoring 52.7 out of 100: economic 78, technology 32, military 42 and human capital 62.
Economy at a glance
| Indicator | Latest figure | Year |
|---|---|---|
| GDP | $603.9 billion | 2025 |
| GDP (purchasing power) | $998.3 billion | 2025 |
| GDP per person | $98,814 | 2025 |
| Economic growth | +5.0% | 2025 |
| Inflation | 0.9% | 2025 |
| Unemployment | 2.8% | 2025 |
| Population | 6.1 million | 2025 |
| Labour force | 3.8 million | 2025 |
| Services share of GDP | 72% | 2025 |
| Industry share of GDP | 23% | 2025 |
| Manufacturing share of GDP | 17% | 2025 |
| Agriculture share of GDP | 0% | 2025 |
| Exports share of GDP | 178% | 2025 |
| Foreign direct investment | 26.3% of GDP | 2025 |
| High-tech share of manufactured exports | 59% | 2024 |
| Internet users | 94% of people | 2024 |
R&D labs
Largest companies in Singapore
- Trafigura (#19)
- Sea Limited (#303)
- Seagate Technology Holdings plc (#614)
- Trip.com Group Limited (#625)
- National Cancer Centre Singapore (#853)
Startups in Singapore
Investors in Singapore
Main export industries
Singapore exported goods worth about $504.8bn in 2024. Its biggest export industries:
- Electrical machinery and equipment: $175.7bn (34.8% of goods exports)
- Machinery and mechanical appliances, boilers, nuclear reactors: $91.6bn (18.1% of goods exports)
- Mineral fuels, mineral oils and products of their distillation: $56.2bn (11.1% of goods exports)
- Commodities not specified according to kind: $34.6bn (6.8% of goods exports)
- Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus: $25.2bn (5.0% of goods exports)
Source: UN Comtrade, goods only (services exports are not included).
Other economies in Asia
- China (#2)
- Japan (#4)
- India (#6)
- South Korea (#13)
- Indonesia (#17)
- Thailand (#29)
- Vietnam (#32)
- Philippines (#33)
- Malaysia (#34)
- Bangladesh (#37)
- Hong Kong (#39)
- Pakistan (#41)
- Sri Lanka (#72)
- Myanmar (#85)
- Macao (#94)
Questions and answers
How big is the economy of Singapore?
Singapore had a GDP of $603.9 billion in 2025, ranking number 27 in the 311 Nations Index.
What is GDP per person in Singapore?
GDP per person in Singapore was $98,814 in 2025.
How fast is the economy of Singapore growing?
The economy of Singapore grew by 5.0% in 2025.
Source: World Bank, World Development Indicators (CC BY 4.0).
© 311 Institute 2026. Facts from Wikidata (CC0) and the sources linked on this page. The selection, classification and links are the proprietary work of the 311 Institute, protected by copyright and database rights.