Services value added — all countries

Services value added — Singapore

Services value added in Singapore in 2025 — 432,314,964,243 US$. Ranked 21 in the world out of 158. Since 1960, the indicator has risen by 82,222.2%.

2025 432B US$ +3.16% vs 2024
World rank 21of 158
Period maximum 432B US$2025
Period minimum 525M US$1960

Trend over time

1960–2025 · US$

Services value added — Singapore, 1960–20250200B400B600B19601967197419811988199520022009201620231960: 525,150,104 US$1962: 610,344,895 US$1964: 630,402,258 US$1966: 755,025,774 US$1968: 970,789,424 US$1970: 1,248,848,498 US$1972: 1,691,513,423 US$1974: 3,295,841,133 US$1976: 3,948,593,598 US$1978: 4,748,052,800 US$1980: 7,125,816,242 US$1982: 9,943,153,311 US$1984: 11,855,986,749 US$1986: 11,638,516,431 US$1988: 15,613,817,664 US$1990: 23,198,379,736 US$1992: 32,562,108,379 US$1994: 45,563,830,818 US$1996: 59,777,339,808 US$1998: 53,770,669,490 US$2000: 58,284,371,532 US$2002: 59,203,233,798 US$2004: 72,554,649,432 US$2006: 96,424,707,650 US$2008: 132,333,494,244 US$2010: 162,694,168,278 US$2012: 204,229,736,348 US$2014: 221,491,811,689 US$2016: 227,292,395,621 US$2018: 262,674,501,535 US$2020: 253,412,811,961 US$2022: 368,457,575,325 US$2024: 419,052,141,356 US$2025: 432,314,964,243 US$
Change over the period: +432B (+82,222.17%) Average annual rate: 10.88 %

Comparison, 2025

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

Singapore 432B US$
World computed 46.11T US$
East Asia & Pacific 20.13T US$
South-Eastern Asia computed 2.27T US$
Services value added — Singapore, by year Singapore All countries CSV XLSX
Year US$ Change Change, %
2025 432B +13.26B +3.16%
2024 419B +47.14B +12.67%
2023 372B +3.46B +0.94%
2022 368B +58.42B +18.84%
2021 310B +56.63B +22.35%
2020 253B −13.86B −5.19%
2019 267B +4.6B +1.75%
2018 263B +19.62B +8.07%
2017 243B +15.76B +6.94%
2016 227B +11.84B +5.5%
2015 215B −6.04B −2.73%
2014 221B +3.84B +1.77%
2013 218B +13.42B +6.57%
2012 204B +11.41B +5.92%
2011 193B +30.13B +18.52%
2010 163B +30.66B +23.22%
2009 132B −300M −0.23%
2008 132B +12.84B +10.74%
2007 119B +23.07B +23.92%
2006 96.42B +14.53B +17.75%
2005 81.89B +9.34B +12.87%
2004 72.55B +9.72B +15.47%
2003 62.83B +3.63B +6.13%
2002 59.2B +2.1B +3.68%
2001 57.1B −1.18B −2.03%
2000 58.28B +3.86B +7.1%
1999 54.42B +650M +1.21%
1998 53.77B −8.94B −14.25%
1997 62.71B +2.93B +4.9%
1996 59.78B +5.67B +10.48%
1995 54.11B +8.54B +18.75%
1994 45.56B +7.98B +21.25%
1993 37.58B +5.02B +15.41%
1992 32.56B +4B +14.01%
1991 28.56B +5.36B +23.11%
1990 23.2B +4.21B +22.16%
1989 18.99B +3.38B +21.63%
1988 15.61B +2.46B +18.75%
1987 13.15B +1.51B +12.98%
1986 11.64B −457M −3.78%
1985 12.1B +240M +2.02%
1984 11.86B +1.06B +9.84%
1983 10.79B +851M +8.55%
1982 9.94B +1.37B +15.93%
1981 8.58B +1.45B +20.36%
1980 7.13B +1.41B +24.62%
1979 5.72B +970M +20.43%
1978 4.75B +608M +14.69%
1977 4.14B +191M +4.84%
1976 3.95B +395M +11.11%
1975 3.55B +258M +7.83%
1974 3.3B +981M +42.36%
1973 2.32B +624M +36.87%
1972 1.69B +240M +16.55%
1971 1.45B +202M +16.21%
1970 1.25B +132M +11.79%
1969 1.12B +146M +15.08%
1968 971M +117M +13.71%
1967 854M +98.75M +13.08%
1966 755M +80.52M +11.94%
1965 675M +44.1M +7%
1964 630M −43.48M −6.45%
1963 674M +63.54M +10.41%
1962 610M +40.31M +7.07%
1961 570M +44.88M +8.55%
1960 525M

About the indicator

Value added by the service sector in current US dollars: trade, transport, communications, finance, real estate, public administration, education, health care and everything else that is neither industry nor agriculture. In most advanced countries this is two thirds of the economy or more, and in absolute figures the sector is larger than industry almost everywhere except a few manufacturing economies of East Asia.

Important: A residual category by definition: everything not assigned to agriculture or industry. Its composition is therefore harder to compare across countries than its size.

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