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Total value added in constant prices of 2010

(US dollars)

In 2017, total value added in Singapore was 418,991 million US dollars. In the ranking by total value added including 196 countries, Singapore has the 111th rank that is close to the positions of such countries as Comoros and the Mauritius. Compared to Iran which at the top of the ranking with total value added of 15,127,029,600 million US dollars in 2017, Singapore has 100.00 % percent lower total value added.

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What is total value added?

Gross value added is the value of output less the value of intermediate consumption; it is a measure of the contribution to GDP made by an individual producer, industry or sector; gross value added is the source from which the primary incomes of the SNA are generated and is therefore carried forward into the primary distribution of income account.