STATISTICS SINGAPORE - Infographics - Singapore Economy · 2019-05-27 · 4. Employment of...
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SINGAPORE ECONOMY GDP 2018 at Current Market Prices Per Capita GDP at Current Prices Real GDP Growth $87,108 3.1% Manufacturing 22.0% Construction 3.4% Utilities 1.2% Wholesale & Retail Trade 17.6% Transportation & Storage 6.7% Accomodation & Food Services 2.1% Information & Communications 4.1% Finance & Insurance 13.0% Business Services 14.9% Other Services Industries 11.3% Ownership of Dwellings 3.7% Close to 70% of nominal value added was generated by the services industries, while about 25% was generated by the goods-producing industries. Gross Domestic Product (GDP) refers to the aggregate value of the goods and services produced within the economic territory of Singapore. GDP estimates are compiled by the output, expenditure and income approaches. The output approach is the main approach used to compile GDP in Singapore. More about Industry Breakdown for Output-Based GDP. S e r v i c e s P r o d u c i n g I n d u s t r i e s G o o d s P r o d u c i n g I n d u s t r ie s Scroll down to see more Nominal GDP 2018 S$ 491,175 Mil
Transcript of STATISTICS SINGAPORE - Infographics - Singapore Economy · 2019-05-27 · 4. Employment of...
SINGAPORE ECONOMY
GDP 2018 at Current Market Prices
Per Capita GDP atCurrent Prices Real GDP Growth
$87,108 3.1%
Manufacturing22.0%
Construction3.4%
Utilities1.2%
Wholesale & Retail Trade17.6%
Transportation &Storage
6.7%
Accomodation &Food Services
2.1%
Information &Communications
4.1%
Finance &Insurance
13.0%
BusinessServices
14.9%
Other ServicesIndustries
11.3%
Ownership of Dwellings
3.7%
Close to 70% of nominal value added was generated by the services industries, while about 25% was generated by the goods-producing industries.
Gross Domestic Product (GDP) refers to the aggregate value of the goods and services produced within the economic territory of Singapore.
GDP estimates are compiled by the output, expenditure and income approaches.
The output approach is the main approach used to compile GDP in Singapore. More about Industry Breakdown for Output-Based GDP.
Services Producing Industries
Goods Producing Industries
Scroll down to seemore
Nominal GDP
2018
S$ 491,175 Mil
Compensationof Employee
39.7%
PrivateConsumptionExpenditure
35.4%
Net Exports of Goods& Services
26.9% Taxes Less Subsidieson Production &on Imports
7.2%
Gros OperatingSurplus
53.1%
2.4
Income-BasedGDP
Expenditure-BasedGDP
Changes inInventories
2.5%
GovernmentConsumptionExpenditure
10.7%
Change in Value Added per WorkerIn Chained (2015) Dollars in 2018
Stock of Singapore’s Direct InvestmentAbroad in 2017 Total
S$850.3 Bil
CHINA
S$140.0 Bil
S$70.7 Bil
S$65.7 Bil
S$57.4 Bil
CAYMAN ISLANDS
INDONESIA
HONG KONG
UNITED KINGDOM
Gross FixedCapital Formation
24.5%
S$54.5 Bil
Stock of Foreign Direct Investment inSingapore in 2017 Total
S$1,568.0 Bil
S$339.3 Bil
S$138.2 Bil
S$125.6 Bil
S$123.4 Bil
S$99.9 Bil
UNITED STATES
CAYMAN ISLANDS
BRITISH VIRGINISLANDS
NETHERLANDS
JAPAN
Number, Employment and Value Added of Enterprises in 2018
1. Enterprises comprise companies, businesses, non-profit organisations, ministries and statutory boards.
2. SMEs (i.e. Small & Medium Enterprises) are defined as enterprises with operating receipts not more than $100mil or employment not more than 200 workers for all sectors.
3. Local enterprises refer to enterprises with at least 50% local equity.
4. Employment of enterprises refers to total employment excluding foreign domestic activities.
5. Value-added of enterprises refers to Gross Value Added (GVA) less ownership of dwellings.
TOTAL TOTALTOTAL TOTAL
ENTERPRISE COUNT EMPLOYMENT NOMINAL VALUE ADDED
263,900 3.5 MilSMEs
99%Non-SMEs
1%
EnterpriseSize
EnterpriseSize
EnterpriseSize
Local
82%Foreign
18%
EnterpriseOwnership
EnterpriseOwnership
EnterpriseOwnership
SMEs
72%Non-SMEs
28%
SMEs
48%Non-SMEs
52%
Local
69%Foreign
31%
Local
38%Foreign
62%
S$445 Bil
Total International Trade in Services 2018
S$494.6 Bil
Total Services Exports - 2018
S$246.2 Bil
Total Services Imports - 2018
S$248.4 bil
S$135.0 Bil S$118.3 Bil S$114.7 Bil S$97.9 Bil S$70.6 Bil S$65.3 Bil
TOP 6 TRADING PARTNERS
Top 6 Trading Partners for Services Trade in 2017
EU 28 S$80.0 Bil
UNITED STATES S$69.2 Bil
JAPAN
S$28.6 BilCHINA
S$27.8 Bil
AUSTRALIA S$24.8 Bil
HONGKONG S$17.9 Bil
S$1,055.9 BilTotal Merchandise
Trade in 2018S$500.2 Bil
Total ImportsS$555.7 Bil
Total Exports
CHINA MALAYSIA EU28 UNITED STATES HONGKONG TAIWAN
Changes in Prices of Imported &Exported Goods in 2018
-1.2%
-0.2%
-0.5% -1.1%
25.5% 22.9%
-12.8% -2.7%
3.4% 2.3%
3.7% 1.9%
-1.5%
- 2.1% - 1.9%
- 1.6%
FOOD & LIVE ANIMALS
BEVERAGES & TOBACCO BEVERAGES & TOBACCO
CRUDE MATERIALS CRUDE MATERIALS
MINERAL FUELS &RELATED MATERIALS
MINERAL FUELS &RELATED MATERIALS
ANIMAL & VEGETABLE OILS ANIMAL & VEGETABLE OILS
CHEMICALS &CHEMICAL PRODUCTS
CHEMICALS &CHEMICAL PRODUCTS
MANUFACTURED GOODS MANUFACTURED GOODS
MACHINERY & TRANSPORTEQUIIPMENT
MACHINERY & TRANSPORTEQUIIPMENT
MISCELLANEOUS MANUFACTUREDARTICLES
MISCELLANEOUS MANUFACTUREDARTICLES
FOOD & LIVE ANIMALS
0.0%
- 1.7%
More about the Import and Export Price Indices.
Import Price Index2018 over 2017 Year-on-Year Change
Export Price Index2018 over 2017 Year-on-Year Change
4.9% 3.2%
Do You Know? In 2018…
S$1.36 S$1.73
S$1.56 S$1.24 2.3 MilResident Labour
Force
67.7%Resident LFPR
127Banks Operating
in Singapore
LFPR = Labour Force Participation Rate
6.9 Mil Main Credit Cards
1.3 Mil Supplementary Credit Cards
8.4 Mil Mobile Phone Subscription
3.3 Mil MRT Average Daily Ridership
44.8 HrsAverage WeeklyHours Worked
18.5 Mil International Visitor Arrivals
S$26.8 Bil Tourism Receipts 4,380Restaurants
477Fast Food Outlets
Refers to 2017 Data
For more information, please refer to the Themes Pagehttps://www.singstat.gov.sg/find-data/search-by-theme
Note: numbers may not add up to the totals due to roundingUpdated in May 2019
