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Singapore Economic Indicators

Contents extracted from the comprehensive atlas of international trade by Export Entreprises
Economic forecasts -General economic indicators - Investments - Foreign Trade

Economic forecasts Indicators

Indicators 2006 2007
GDP (USD billion) 133.5    144.5   
GDP (constant prices, annual % change) 6.9 4.5
GDP per capita (USD) 30160.6    32082    
Inflation, consumer prices (annual % change) 1.8 1.7



Source : IMF - World Economic Outlook Databases

General economic indicators

Indicators 2003 2004 2005
GDP (USD billion) (1) 92.7   107.5   116.8  
GDP (constant prices, annual % change) (1) 2.9 8.7 6.4
GDP per capita (USD) (1) 22155.8   25352.5   26836.2  
Inflation, consumer prices (annual % change) (1) 0.5 1.7 0.5
Unemployment rate (%) (2) 5.4   ..   ..  
External debt (USD billion) (3) ..   ..   ..  
Official exchange rate per USD (period average) (3) 1.7351   1.7038   1.6323  
Sources : (1) IMF - World Economic Outlook Databases,(2) ILO - Key Indicators of the Labour Market, (3) World Bank - World Development Indicators


GDP per activity sector 2003 2004 2005
Agriculture and fishing (%) 0.1   0.1   0.1  
Industry and mining (%) 33.9   33.7     33.8  
Services (%) 66   66.1     66.1  
Sources : World Bank - World Development Indicators


Investments

Foreign Direct Investments 2003 2004 2005 World rank (*) 2005
FDI inflows (USD million) 10 376   14 820   20 083   5/141
Source : UNCTAD - World Investment Report
Note : (*) World Rank = UNCTAD Inward FDI Performance Index. It is a measure of the extend to which a host country receives inward FDI relative to its economic size. It is calculated as a ratio of the country's share in global FDI inflows to its share in global GDP.



Foreign Trade


General indicators

Indicators (USD billion) 2003 2004 2005
Imports of goods 136.2   173.6   200  
Export of goods 159.9   198.6   229.6  
Trade balance 26.1   29.7   35  
Current account 27   27.9   ..  
Sources : World Bank - World Development Indicators




Indicators (%) 2003 2004 2005
Share of foreign trade in GDP ..   ..   ..  
Share of imports of goods and services in GDP ..   ..   ..  
Share of exports of goods and services in GDP ..   ..   ..  
Imports of goods and services (annual % change) ..   ..   ..  
Exports of goods and services (annual % change) ..   ..   ..  
Sources : World Bank - World Development Indicators


Trade in goods/services by major category

2004 Imports Exports
Total Trade in Goods (USD billion):     173.6     198.6    
Agricultural raw materials 0.3   0.3  
Food products 2.9   1.8  
Hydrocarbons 15   9.5  
Manufactured products (chemicals, machines,...) 79.5   83.9  
Ores and metals 1.3   1.2  


2004 Imports Exports
Total Trade in Services (USD billion): 40.5   41.1  
Transport 38.2   35.6  
Tourisme 19.1   12.4  
Sources : World Bank - World Development Indicators


Trade Data, by HS Code :
Source : www.intracen.org, last available data


Trade by partner countries


Main clients
(% of exports)
Malaysia   13.2%  
USA   10.4%  
Indonesia   9.6%  
Hong Kong   9.4%  
China   8.6%  

Main suppliers
(% of imports)
Malaysia   13.7%  
USA   11.7%  
China   10.3%  
Japan   9.6%  
Sources : Comtrade, 2005.




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