Singapore - Gross domestic product in current market prices

129,571.2 (million US dollars) in 2023Q4

In 4th quarter 2023, GDP for Singapore was 129,571.2 million US dollars. GDP of Singapore increased from 27,717.8 million US dollars in 1st quarter 2004 to 129,571.2 million US dollars in 4th quarter 2023 growing at an average annual rate of 2.06%.

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What is GDP?

GDP is sum of gross value added, at purchaser prices converted at market exchange rates to current U.S. dollars, by all resident producers in the economy plus any product taxes (less subsidies) not included in the valuation of output. It is calculated without deducting for depreciation of fabricated capital assets or for depletion and degradation of natural resources.

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What is Singapore GDP?