General profile: Singapore

GENERAL INFORMATION FOR 2016
Population
Population
Exchange rates
Exchange rate
GDP
GDP
5.697 Millions
1.382 SGD/US$
295 063 Millions current US$
Land area
Land area ¹
CPI growth (%)
CPI growth
GDP growth
GDP growth
..
-0.50 %
1.80 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
-4.9 %
Merchandise exports growth rate in 2016
Total merchandise trade
(millions of US$)
2005
2010
2015
2016
Merchandise exports
229 649
351 867
346 638
329 773
Merchandise imports
200 047
310 791
296 745
282 925
Merchandise trade balance
29 602
41 076
49 893
46 848
Export structure by product group in 2016
(as % of total exports)
3 %3 %83 %83 %10 %10 %4 %4 %
Top 5 partners in 2016
(exports, millions of US$)
42 41341 60834 86825 84022 67742 41341 60834 86825 84022 677
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services ²
(millions of US$)
2005
2010
2015
2016
Services exports
46 427
100 832
148 599
149 642
Services imports
56 164
101 212
154 505
155 581
Services trade balance
-9 737
-380
-5 906
-5 939
Services exports by main category ²
(as % of total services)
2005
2010
2015
2016
Transport
42.4
38.4
32.0
32.3
Travel
13.4
14.1
11.1
12.3
Other services
38.1
41.3
52.3
50.7
TRADE INDICES
More data on UNCTADstat
235235226226214214206206199199200200196196161161180180176176165165151151131131110110959591911001008787868682828181818181818383838383838484868687878484949494949696100100235226214206199200196161180176165151131110959110087868281818183838384868784949496100
ECONOMIC TRENDS
More data on UNCTADstat
+1.8 %
Gross domestic product growth rate in 2016
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2016
GDP, current
127 418
236 420
292 734
295 063
GDP per capita, current US$
28 343
46 549
52 239
51 797
Real GDP growth, y-on-y, %
7.49
15.24
2.01
1.80
Current account balance, % of GDP
22.08
23.81
19.79
..
Exchange rate (/US$)
1.664
1.364
1.375
1.382
GDP by expenditure in 2015
(as % of total GDP)
36.710.426.3176.5149.636.710.426.3176.5149.6
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+8.1 %
FDI outflows as % of GDP in 2016
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2016
FDI inflows
18 090.30
55 075.80
70 579.49
61 596.68
FDI outflows
12 552.51
35 407.15
31 405.12
23 888.31
Personal remittances, % of GDP
..
..
..
..
Financial flows trends
(millions of US$)
61 59761 59770 57970 57973 98773 98764 68564 68556 23656 23649 15649 15655 07655 07623 82123 82112 20112 20147 73347 73336 92436 92418 09018 09024 39024 39017 05117 0516 1576 15717 00717 00715 51515 51561 59770 57973 98764 68556 23649 15655 07623 82112 20147 73336 92418 09024 39017 0516 15717 00715 515FDI Inwards flowsFDI Inwards flowsFDI Inwards flowsMigrant's remittances receiptsMigrant's remittances receiptsMigrant's remittances receipts
TRADE IN GOODS AND SERVICES
More data on UNCTADstat
Trade balance indicators ²
(as % and index)
2005
2010
2015
2016
Balance, % of GDP
29.81
26.05
26.28
26.04
Balance, % of imports
15.17
15.00
17.05
17.69
Normalized balance
0.071
0.070
0.079
0.081
Trade openness ²
(sum of imports and exports as % of GDP)
320335364369371380373361442399430423
LABOUR FORCE
More data on UNCTADstat
Labour force by gender in 2016
(as % of total labour force, all sectors)
Male
57%Male 57%Female
43%Female 43%
OTHER INDICATORS
More data on UNCTADstat
6.823 %
Share of the total world merchant fleet in 2016
Maritime transport indicators
 
2005
2010
2015
2016
Merchant fleet, national flag (thousands of DWT)
40 935 000 000
61 660 395 000
117 473 999 000
123 177 660 000
Liner shipping connectivity index (maximum 2004 = 100 for China)
83.87
103.76
117.13
122.70
Container port throughput (TEU)
..
29 178 500
(e) 34 832 376
..
Information economy indicators
(as % of)
2005
2010
2015
2016
Share of ICT goods, % of total exports
45.46
34.33
33.46
..
Share of ICT goods, % of total imports
37.90
27.85
28.01
..
Share of workforce involved in the ICT sector
..
4.50
..
..
Source: UNCTADstat (http://unctadstat.unctad.org)
Notes:
1
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
2
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
e
Estimated.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
Not available or not separately reported
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
FDI:
Foreign direct investment
GDP:
Gross domestic product
ICT:
Information and communication technology
TEU:
Twenty foot equivalent unit
US$:
United States dollar
Disclaimer:
The designations employed and the presentation of the material on UNCTADstat do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in UNCTADstat.
Generation date: 15 September 2017