Economy of Singapore

This book about the economy of Singapore from the 1970s to the 2010s. Source data from UN Data.

Size. In the 2010s, the gross domestic product of Singapore was equal to $315.0 billion per year; the value of industry was $63.9 billion. Since the share in the world is between .1% and 1%, the country is classified as an average economy.

Productivity. In the 2010s, the GDP per capita was $57 012.6, the value of industry per capita was $11 560.4. Since the productivity is greater the average above average, the economy is classified as high developed.

Growth. In the 2010s, the growth of gross domestic product was 4.8%; the growth of industry was 5.1%.

Structure. In the 2010s, the economy of Singapore consisted of: services (42.6%), industry (21.5%), trade (20.4%), transportation (11.0%), construction (4.4%), and agriculture (0.034%).

Exports and imports. In the 2010s, the exports were 16.5% higher than the imports, the net exports were equal to 26.1% of the GDP. The technological structure of exports are better than the structure of imports.

Consumption and reproduction. The attitude of reproduction to the consumption is better than the global average, so the share of GDP in the world will increase.

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