Nomad Watch
SG

Singapore

SG · SGP · #175 · 6 cities

Nomad score 68/100 Compare

Key indicators

GDP per capita (PPP) (2031)
$212,474
GDP (2031)
$822.7B
GDP growth (2031)
2.5% →
Inflation (2031)
2.0% →
Unemployment (2031)
2.1% →
Population (2031)
6.4M
Population growth (2031)
0.8% ↑
Government debt (2031)
174.7% of GDP
Current account (2031)
16.3% of GDP
FDI inflows (2025)
$159.1B
Life expectancy (2024)
83.4 yrs
Health spending (2023)
4.5% of GDP
Internet users (2024)
94.4%
Mobile subscriptions (2024)
170.8/100
Trade openness (2025)
320.3% of GDP
Exchange rate (2025)
1.31/USD
Foreign reserves (2025)
$432.1B
Source: World Bank + IMF World Economic Outlook. Most recent data: 2031.

GDP overview

Nominal GDP and real growth. Dashed = IMF forecast.

GDP per capita (PPP)

Purchasing power parity adjusted, in international dollars

Inflation (CPI)

Unemployment

ILO modeled estimate

Population

Fiscal and trade

Government debt (2031)
174.7% of GDP
Current account (2031)
16.3% of GDP
FDI inflows (2025)
$159.1B

Business environment

New business density (2024)
11.59/1k
Tax revenue (2024)
13.6% of GDP
Services sector (2025)
71.6% of GDP

Financial access and costs

ATMs per 100k (2024)
47.0
Bank branches per 100k (2024)
5.9
ICT service exports (2025)
8.0%
Goods and services tax (2024)
4.0%

Historical data

Historical economic data
Year GDP GDP/cap PPP Growth Inflation Unemp. Population Gini Debt Curr. acct FDI Life exp. Health Internet FX rate
2031 * $822.7B $212,474 2.5% 2.0% 2.1% 6.4M - 174.7% 16.3% - - - - -
2030 * $787.7B $205,092 2.5% 2.0% 2.1% 6.3M - 174.3% 16.3% - - - - -
2029 * $754.2B $197,895 2.5% 2.0% 2.1% 6.3M - 173.9% 16.4% - - - - -
2028 * $722.2B $190,849 2.5% 2.0% 2.1% 6.2M - 173.4% 16.5% - - - - -
2027 * $691.4B $184,234 2.7% 1.9% 2.0% 6.2M - 172.7% 16.5% - - - - -
2026 * $659.6B $177,139 3.5% 2.3% 2.0% 6.1M - 171.9% 16.6% - - - - -
2025 $603.9B $163,354 5.0% 0.9% 2.0% 6.1M - 171.3% 16.7% $159.1B - - - 1.31
2024 $572.9B $153,161 5.3% 2.4% 2.0% 6.0M - 166.0% 17.2% $135.1B 83.4 - 94.4% 1.34
2023 $511.2B $144,728 1.5% 4.8% 1.9% 5.9M - 170.4% 16.4% $125.8B 83.1 4.5% 94.3% 1.34
2022 $514.3B $144,418 4.0% 6.1% 2.1% 5.6M - 153.3% 18.9% $144.1B 82.9 4.3% 96.0% 1.38
2021 $441.1B $133,990 10.1% 2.3% 2.7% 5.5M - 139.9% 19.3% $142.3B 83.1 5.2% 96.9% 1.34
2020 $351.2B $102,117 -3.6% -0.2% 3.0% 5.7M - 147.1% 17.7% $79.3B 83.5 5.7% 92.0% 1.38
2019 $376.8B $105,522 1.2% 0.6% 2.3% 5.7M - 127.7% 15.5% $106.2B 83.6 4.4% 89.0% 1.36
2018 $378.0B $104,198 3.2% 0.4% 2.1% 5.6M - 109.2% 15.7% $86.1B 83.3 4.1% 88.2% 1.35
2017 $344.8B $96,057 4.3% 0.6% 2.2% 5.6M - 107.3% 18.5% $102.0B 83.1 4.4% 84.5% 1.38
2016 $320.8B $90,215 3.9% -0.5% 2.1% 5.6M - 105.9% 18.0% $65.1B 82.9 4.4% 84.5% 1.38
2015 $308.0B $87,156 3.0% -0.5% 1.9% 5.5M - 102.1% 18.7% $69.8B 82.7 4.2% 79.0% 1.37
2014 $314.9B $84,555 3.9% 1.0% 2.0% 5.5M - 97.7% 18.0% $68.7B 82.5 3.9% 79.0% 1.27
2013 $307.6B $83,088 4.8% 2.4% 1.9% 5.4M - 98.2% 15.7% $64.4B 82.3 3.7% 80.9% 1.25
2012 $295.1B $82,108 4.4% 4.6% 2.0% 5.3M - 106.7% 17.6% $55.3B 82.0 3.3% 72.0% 1.25
2011 $279.4B $80,052 6.2% 5.3% 2.0% 5.2M - 103.1% 22.2% $49.2B 81.7 3.2% 71.0% 1.26
2010 $239.8B $75,401 14.5% 2.8% 2.2% 5.1M - 98.7% 22.9% $55.3B 81.5 3.2% 71.0% 1.36
2009 $194.2B $66,213 0.1% 0.6% 3.0% 5.0M - 101.7% 16.4% $23.4B 81.2 3.4% 69.0% 1.45
2008 $193.6B $67,735 1.9% 6.6% 2.2% 4.8M - 97.9% 15.1% $13.6B 80.8 3.2% 69.0% 1.41
2007 $180.9B $68,805 9.0% 2.1% 2.1% 4.6M - 87.8% 27.1% $47.3B 80.4 2.8% 69.9% 1.51
2006 $148.6B $64,061 9.0% 1.0% 2.7% 4.4M - 86.5% 26.9% $39.1B 80.1 2.9% 59.0% 1.59
2005 $127.8B $58,822 7.4% 0.5% 3.1% 4.3M - 92.7% 23.3% $19.3B 80.0 3.0% 61.0% 1.66
Source: World Bank + IMF World Economic Outlook. * = IMF forecast.

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