In 2022, real GDP (LCU) for Singapore was 522,032 million LCU. Between 1973 and 2022, real GDP (LCU) of Singapore grew substantially from 28,116 million to 522,032 million LCU rising at an increasing annual rate that reached a maximum of 14.52% in 2010 and then decreased to 3.65% in 2022.
The description is composed by our digital data assistant.GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.