Real GDP Growth: Singapore
Singapore's real gdp growth is currently 1.8% as of 2026. # Singapore Real GDP Growth Singapore's real GDP growth reached 1.
Current (2026)
1.8%
-18.2% y/y
Peak (2010)
14.5%
Low (2020)
-3.8%
Source
IMF World Economic Outlook
1980–2026 · 51 pts
Real GDP Growth — Singapore
1980 — 2026
Real GDP Growth — Singapore
Analysis# Singapore Real GDP Growth
Singapore's real GDP growth reached 1.8% in 2026, marking a significant contraction from its all-time peak of 14.5% in 2010. The economy has declined substantially since 1980, with cumulative deterioration of 82.2 percentage points over the 50-year period. Current growth rates reflect an economy that has shifted from rapid expansion to modest expansion, positioning Singapore among slower-growing developed nations.
The most dramatic turning point occurred in 2020, when GDP contracted 3.8% during the pandemic—the lowest point in the data range. Recovery proved swift, with growth rebounding to 9.8% in 2021 before settling into a more moderate pattern. Recent years show volatility: 4.4% growth in 2024 followed by a deceleration to 1.8% in 2025 and 2026, suggesting Singapore's economy is trending toward stabilization at lower growth levels than its historical highs.
Historical Data
51 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | 2.5% | +0.00% |
| 2029 | 2.5% | +0.00% |
| 2028 | 2.5% | +0.00% |
| 2027 | 2.5% | +38.89% |
| 2026 | 1.8% | -18.18% |
| 2025 | 2.2% | -50.00% |
| 2024 | 4.4% | +144.44% |
| 2023 | 1.8% | -56.10% |
| 2022 | 4.1% | -58.16% |
| 2021 | 9.8% | +357.89% |
| 2020 | -3.8% | -392.31% |
| 2019 | 1.3% | -62.86% |
| 2018 | 3.5% | -22.22% |
| 2017 | 4.5% | +21.62% |
| 2016 | 3.7% | +23.33% |
| 2015 | 3.0% | -23.08% |
| 2014 | 3.9% | -18.75% |
| 2013 | 4.8% | +9.09% |
| 2012 | 4.4% | -29.03% |
| 2011 | 6.2% | -57.24% |
Show all 51 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | 14.5% | +14400.00% |
| 2009 | 0.1% | -94.74% |
| 2008 | 1.9% | -78.89% |
| 2007 | 9.0% | +0.00% |
| 2006 | 9.0% | +21.62% |
| 2005 | 7.4% | -25.25% |
| 2004 | 9.9% | +120.00% |
| 2003 | 4.5% | +15.38% |
| 2002 | 3.9% | +454.55% |
| 2001 | -1.1% | -112.22% |
| 2000 | 9.0% | +57.89% |
| 1999 | 5.7% | +359.09% |
| 1998 | -2.2% | -126.51% |
| 1997 | 8.3% | +10.67% |
| 1996 | 7.5% | +4.17% |
| 1995 | 7.2% | -35.14% |
| 1994 | 11.1% | -3.48% |
| 1993 | 11.5% | +74.24% |
| 1992 | 6.6% | -1.49% |
| 1991 | 6.7% | -31.63% |
| 1990 | 9.8% | -3.92% |
| 1989 | 10.2% | -9.73% |
| 1988 | 11.3% | +4.63% |
| 1987 | 10.8% | +730.77% |
| 1986 | 1.3% | +316.67% |
| 1985 | -0.6% | -106.82% |
| 1984 | 8.8% | +2.33% |
| 1983 | 8.6% | +21.13% |
| 1982 | 7.1% | -34.26% |
| 1981 | 10.8% | +6.93% |
| 1980 | 10.1% | — |
Related Data
Other Metrics
For Singapore
Compare Real GDP Growth
Same metric, other countries
Demographics
People & population data