Singapore Annual GDP Growth Table
Source: World-bankGrowth | Growth Capita
In 2024, Singapore experienced a significant an increase in its GDP growth rate, which rise to 4.388% from 1.821% in 2023. Additionally, the GDP per capita growth rate in Singapore increase to 2.327% in 2024, compared to -3.007% in 2023.
| Year | GDP Growth | Net Chg | GDP Capita Growth | Net Chg |
|---|---|---|---|---|
| 1961 | 8.138% | 8.14% | 4.58% | 4.58% |
| 1962 | 7.553% | -0.59% | 4.616% | 0.04% |
| 1963 | 10.04% | 2.49% | 7.294% | 2.68% |
| 1964 | -3.103% | -13.14% | -5.555% | -12.85% |
| 1965 | 7.834% | 10.94% | 5.245% | 10.80% |
| 1966 | 10.18% | 2.35% | 7.475% | 2.23% |
| 1967 | 12.509% | 2.33% | 10.051% | 2.58% |
| 1968 | 13.527% | 1.02% | 11.586% | 1.54% |
| 1969 | 13.834% | 0.31% | 12.134% | 0.55% |
| 1970 | 13.942% | 0.11% | 12.184% | 0.05% |
| 1971 | 12.413% | -1.53% | 10.371% | -1.81% |
| 1972 | 13.316% | 0.90% | 11.236% | 0.87% |
| 1973 | 10.603% | -2.71% | 8.555% | -2.68% |
| 1974 | 6.117% | -4.49% | 4.366% | -4.19% |
| 1975 | 3.989% | -2.13% | 2.481% | -1.89% |
| 1976 | 7.437% | 3.45% | 5.999% | 3.52% |
| 1977 | 6.852% | -0.59% | 5.382% | -0.62% |
| 1978 | 7.777% | 0.93% | 6.481% | 1.10% |
| 1979 | 9.554% | 1.78% | 8.18% | 1.70% |
| 1980 | 10.113% | 0.56% | 8.725% | 0.55% |
| 1981 | 10.816% | 0.70% | 5.614% | -3.11% |
| 1982 | 7.102% | -3.71% | 2.504% | -3.11% |
| 1983 | 8.554% | 1.45% | 7.154% | 4.65% |
| 1984 | 8.792% | 0.24% | 6.755% | -0.40% |
| 1985 | -0.623% | -9.42% | -0.758% | -7.51% |
| 1986 | 1.343% | 1.97% | 1.439% | 2.20% |
| 1987 | 10.798% | 9.46% | 9.144% | 7.71% |
| 1988 | 11.264% | 0.47% | 8.476% | -0.67% |
| 1989 | 10.159% | -1.11% | 6.972% | -1.50% |
| 1990 | 9.821% | -0.34% | 5.632% | -1.34% |
| 1991 | 6.688% | -3.13% | 3.695% | -1.94% |
| 1992 | 6.64% | -0.05% | 3.484% | -0.21% |
| 1993 | 11.46% | 4.82% | 8.675% | 5.19% |
| 1994 | 11.096% | -0.36% | 7.665% | -1.01% |
| 1995 | 7.175% | -3.92% | 3.969% | -3.70% |
| 1996 | 7.471% | 0.30% | 3.191% | -0.78% |
| 1997 | 8.316% | 0.85% | 4.74% | 1.55% |
| 1998 | -2.191% | -10.51% | -5.458% | -10.20% |
| 1999 | 5.718% | 7.91% | 4.877% | 10.34% |
| 2000 | 9.038% | 3.32% | 7.166% | 2.29% |
| 2001 | -1.071% | -10.11% | -3.704% | -10.87% |
| 2002 | 3.923% | 4.99% | 2.979% | 6.68% |
| 2003 | 4.548% | 0.63% | 6.101% | 3.12% |
| 2004 | 9.94% | 5.39% | 8.572% | 2.47% |
| 2005 | 7.366% | -2.57% | 4.872% | -3.70% |
| 2006 | 9.007% | 1.64% | 5.648% | 0.78% |
| 2007 | 9.022% | 0.02% | 4.573% | -1.08% |
| 2008 | 1.863% | -7.16% | -3.415% | -7.99% |
| 2009 | 0.128% | -1.74% | -2.847% | 0.57% |
| 2010 | 14.52% | 14.39% | 12.509% | 15.36% |
| 2011 | 6.215% | -8.31% | 4.023% | -8.49% |
| 2012 | 4.435% | -1.78% | 1.904% | -2.12% |
| 2013 | 4.818% | 0.38% | 3.134% | 1.23% |
| 2014 | 3.936% | -0.88% | 2.595% | -0.54% |
| 2015 | 2.977% | -0.96% | 1.762% | -0.83% |
| 2016 | 3.748% | 0.77% | 2.41% | 0.65% |
| 2017 | 4.477% | 0.73% | 4.384% | 1.97% |
| 2018 | 3.452% | -1.03% | 2.967% | -1.42% |
| 2019 | 1.308% | -2.14% | 0.155% | -2.81% |
| 2020 | -3.815% | -5.12% | -3.514% | -3.67% |
| 2021 | 9.757% | 13.57% | 14.431% | 17.95% |
| 2022 | 4.108% | -5.65% | 0.72% | -13.71% |
| 2023 | 1.821% | -2.29% | -3.007% | -3.73% |
| 2024 | 4.388% | 2.57% | 2.327% | 5.33% |