Singapore 2021
Detailed economic analysis and indicators for 2021
Key Economic Indicators (2021)
GDP (Current USD)
$434.11 billion
↑ 24.21% vs 2020GDP per Capita
$79,601.41
↑ 29.50% vs 2020GDP Growth (Annual %)
9.69%
↑ 13.56pp vs 2020Inflation Rate (CPI %)
2.30%
↑ 2.49pp vs 2020Year-over-Year Comparison
| Indicator | 2020 | 2021 | Change |
|---|---|---|---|
| GDP (Current USD) | $349.49 billion | $434.11 billion | +24.21% |
| GDP per Capita | $61,466.80 | $79,601.41 | +29.50% |
| GDP Growth (Annual %) | -3.87% | 9.69% | +13.56pp |
| Inflation (CPI %) | -0.18% | 2.30% | +2.49pp |
| Unemployment Rate (%) | 4.10% | 4.64% | +0.54pp |
All Economic Indicators (2021)
National Accounts
- GDP (Current USD)
- $434.11 billion
- GDP per Capita
- $79,601.41
- GDP Growth (Annual %)
- 9.69%
- Gross National Income
- $369.18 billion
Prices & Employment
- Inflation (CPI %)
- 2.30%
- Inflation (GDP Deflator %)
- 10.26%
- Unemployment Rate (%)
- 4.64%
- Interest Rate (Real %)
- -4.55%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- 19.91%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2021, Singapore's Gross Domestic Product (GDP) is $434.11 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Singapore for 2021 is $79,601.41. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Singapore for 2021 is 2.30%. This measures the annual percentage change in the cost of consumer goods and services.
Singapore's annual GDP growth rate for 2021 is 9.69%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Singapore for 2021 is 4.64%. This represents the percentage of the labor force that is unemployed and actively seeking employment.