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Singapore economy
Singapore’s economy grew 5.0% in 2025, faster than the world as a whole (2.9%). Consumer prices rose 0.9% in 2025, and 2.8% of the labour force was out of work.
| Indicator | Latest | Year |
|---|---|---|
| Real GDP growth | 5.0% | 2025 |
| Inflation (consumer prices) | 0.9% | 2025 |
| Unemployment | 2.8% | 2025 |
| GDP (US dollars) | $604 bn | 2025 |
| GDP per person (US dollars) | $98,814 | 2025 |
| GDP per person (PPP, international dollars) | $150,689 | 2024 |
| Current account balance, % of GDP | 16.7% | 2025 |
| Budget balance, % of GDP | 3.4% | 2024 |
| Population | 6.1 m | 2025 |
Source: World Bank, World Development Indicators (CC BY 4.0). Data release 2026-10-22. Figures are revised by their publishers.