Singapore - Total value added in current prices

443,628,989,362 (US dollars) in 2022

In 2022, total value added for Singapore was 443,628 million US dollars. Total value added of Singapore increased from 4,039 million US dollars in 1973 to 443,628 million US dollars in 2022 growing at an average annual rate of 10.46%.

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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.

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What is Singapore total value added?