Household consumption (% of GDP) — all countries

Household consumption (% of GDP) — Singapore

Household consumption (% of GDP) in Singapore in 2025 — 31.1%. Ranked 127 in the world out of 131. Since 1960, the indicator has fallen by 58.3 pp.

2025 31.1% +0.4 pp vs 2024
World rank 127of 131
Period maximum 90.4%1961
Period minimum 28.1%2022

Trend over time

1960–2025 · % of GDP

Household consumption (% of GDP) — Singapore, 1960–2025025507510019601967197419811988199520022009201620231960: 89.4%1962: 87.2%1964: 82.2%1966: 76.6%1968: 73.3%1970: 67.1%1972: 61.6%1974: 60.5%1976: 58.2%1978: 56%1980: 50.5%1982: 45.7%1984: 43.5%1986: 46.6%1988: 46.5%1990: 44.6%1992: 43.3%1994: 43%1996: 40.4%1998: 39.5%2000: 41.9%2002: 46.2%2004: 42%2006: 38.1%2008: 40%2010: 36.3%2012: 37.3%2014: 37.6%2016: 36.3%2018: 34.6%2020: 32.1%2022: 28.1%2024: 30.7%2025: 31.1%
Change over the period: −58.3 pp Annual average: -0.9 pp

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Singapore

Singapore 31.1%
South-Eastern Asia computed 55.1%
Household consumption (% of GDP) — Singapore, by year Singapore All countries CSV XLSX
Year % Change, pp
2025 31.1 +0.4 pp
2024 30.7 −0.8 pp
2023 31.5 +3.4 pp
2022 28.1 −0.7 pp
2021 28.8 −3.4 pp
2020 32.1 −3.7 pp
2019 35.8 +1.2 pp
2018 34.6 −0.6 pp
2017 35.2 −1.2 pp
2016 36.3 −0.8 pp
2015 37.2 −0.4 pp
2014 37.6 +0.3 pp
2013 37.3 +0 pp
2012 37.3 +0.7 pp
2011 36.6 +0.3 pp
2010 36.3 −2.8 pp
2009 39.1 −0.8 pp
2008 40 +3.2 pp
2007 36.8 −1.3 pp
2006 38.1 −1.7 pp
2005 39.8 −2.2 pp
2004 42 −3.5 pp
2003 45.5 −0.6 pp
2002 46.2 −0.1 pp
2001 46.2 +4.4 pp
2000 41.9 −0 pp
1999 41.9 +2.4 pp
1998 39.5 −0.3 pp
1997 39.8 −0.6 pp
1996 40.4 −0.4 pp
1995 40.9 −2.1 pp
1994 43 −0.7 pp
1993 43.6 +0.3 pp
1992 43.3 +0.1 pp
1991 43.2 −1.3 pp
1990 44.6 −1.2 pp
1989 45.8 −0.6 pp
1988 46.5 −0.7 pp
1987 47.1 +0.5 pp
1986 46.6 +1.8 pp
1985 44.8 +1.2 pp
1984 43.5 −0.2 pp
1983 43.7 −2 pp
1982 45.7 −2.2 pp
1981 47.9 −2.6 pp
1980 50.5 −3.6 pp
1979 54.1 −1.9 pp
1978 56 −1.4 pp
1977 57.4 −0.8 pp
1976 58.2 −1.9 pp
1975 60.1 −0.4 pp
1974 60.5 −1.1 pp
1973 61.6 −0 pp
1972 61.6 −4.3 pp
1971 65.9 −1.3 pp
1970 67.1 −1 pp
1969 68.1 −5.1 pp
1968 73.3 −2.4 pp
1967 75.7 −0.9 pp
1966 76.6 −2.3 pp
1965 78.8 −3.3 pp
1964 82.2 −1 pp
1963 83.2 −4 pp
1962 87.2 −3.3 pp
1961 90.4 +1 pp
1960 89.4

South-Eastern Asia, 2025

The same indicator for neighboring countries — with links to their pages

About the indicator

Household final consumption expenditure as a percent of GDP — the market value of all goods and services bought by the population, including the imputed rent of owner-occupied housing. A low consumption share alongside a high share of capital formation is typical of investment- and export-driven economies; a high one, of countries short of savings.

Source: World Development Indicators (World Bank), license CC BY 4.0.