Nominal GDP: in USD: Singapore

Macro

2026-07-02

Description

Singapore Nominal Gross Domestic Product (GDP) in US Dollars is compiled and released by the Singapore Department of Statistics (DOS). This indicator measures the total market value of all final goods and services produced within the country during a specific period, expressed in current US dollars. It is used to assess the economic performance of Singapore without adjusting for inflation. A higher nominal GDP indicates economic growth, while a lower figure may suggest stagnation or contraction.

Nominal GDP is calculated by adding up the current market value of all final goods and services produced within the country during a specific period. It comprises consumption, investment, government spending, and net exports (exports minus imports). All figures are expressed in current US dollars.

The data is updated quarterly, with preliminary estimates released one month after the quarter's end and final figures released in the subsequent quarter.

Published by
World Bank (Choice)
Frequency
Yearly
Next Update
Hashtags
GDP Singapore

AI Data Insight

Singapore's 2025 nominal GDP climbed to $603.87 billion, surging over 10% from the previous value and defying headwinds to hit a record high. This remarkable growth was primarily driven by the dual engines of AI semiconductor exports and strong manufacturing expansion, massively beating initial market expectations. Looking ahead, although short-term momentum will continue, precautions must be taken against medium-term downside risks brought by geopolitics and U.S. tariff policies.

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AI Data Insight

Singapore's 2025 nominal GDP climbed to $603.87 billion, surging over 10% from the previous value and defying headwinds to hit a record high. This remarkable growth was primarily driven by the dual engines of AI semiconductor exports and strong manufacturing expansion, massively beating initial market expectations. Looking ahead, although short-term momentum will continue, precautions must be taken against medium-term downside risks brought by geopolitics and U.S. tariff policies.

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Macro
Description

Singapore Nominal Gross Domestic Product (GDP) in US Dollars is compiled and released by the Singapore Department of Statistics (DOS). This indicator measures the total market value of all final goods and services produced within the country during a specific period, expressed in current US dollars. It is used to assess the economic performance of Singapore without adjusting for inflation. A higher nominal GDP indicates economic growth, while a lower figure may suggest stagnation or contraction.

Nominal GDP is calculated by adding up the current market value of all final goods and services produced within the country during a specific period. It comprises consumption, investment, government spending, and net exports (exports minus imports). All figures are expressed in current US dollars.

The data is updated quarterly, with preliminary estimates released one month after the quarter's end and final figures released in the subsequent quarter.

Published by
World Bank (Choice)
Frequency
Yearly
Next Update
Hashtags
GDP Singapore