Singapore - Gross value added at factor cost

Gross value added at factor cost (current US$)

The latest value for Gross value added at factor cost (current US$) in Singapore was $324,173,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $356,276,000,000 in 2018 and $666,536,000 in 1960.

Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $666,536,000
1961 $725,826,500
1962 $785,378,300
1963 $876,029,000
1964 $850,222,100
1965 $920,325,400
1966 $1,034,692,000
1967 $1,175,683,000
1968 $1,354,502,000
1969 $1,573,305,000
1970 $1,815,367,000
1971 $2,154,580,000
1972 $2,593,110,000
1973 $3,529,458,000
1974 $5,031,090,000
1975 $5,433,502,000
1976 $6,101,000,000
1977 $6,373,118,000
1978 $7,234,279,000
1979 $8,937,994,000
1980 $11,454,840,000
1981 $13,664,810,000
1982 $15,520,990,000
1983 $17,126,920,000
1984 $19,010,840,000
1985 $18,435,330,000
1986 $17,929,320,000
1987 $20,087,540,000
1988 $24,239,890,000
1989 $28,884,270,000
1990 $34,468,900,000
1991 $43,504,370,000
1992 $49,495,700,000
1993 $57,160,170,000
1994 $68,761,100,000
1995 $81,888,530,000
1996 $90,309,570,000
1997 $93,949,820,000
1998 $81,374,640,000
1999 $81,130,140,000
2000 $89,555,980,000
2001 $84,457,220,000
2002 $87,719,930,000
2003 $92,406,440,000
2004 $109,300,000,000
2005 $122,102,000,000
2006 $142,418,000,000
2007 $170,644,000,000
2008 $183,553,000,000
2009 $184,567,000,000
2010 $226,657,000,000
2011 $263,477,000,000
2012 $278,161,000,000
2013 $289,858,000,000
2014 $297,687,000,000
2015 $290,360,000,000
2016 $299,522,000,000
2017 $322,428,000,000
2018 $356,276,000,000
2019 $355,346,000,000
2020 $324,173,000,000

Gross value added at factor cost (current LCU)

The value for Gross value added at factor cost (current LCU) in Singapore was 447,261,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 484,763,000,000 in 2019 and a minimum value of 2,040,400,000 in 1960.

Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 2,040,400,000
1961 2,221,900,000
1962 2,404,200,000
1963 2,681,700,000
1964 2,602,700,000
1965 2,817,300,000
1966 3,167,400,000
1967 3,599,000,000
1968 4,146,400,000
1969 4,816,200,000
1970 5,557,200,000
1971 6,595,600,000
1972 7,910,800,000
1973 9,926,600,000
1974 12,363,400,000
1975 13,240,900,000
1976 14,467,300,000
1977 15,746,700,000
1978 17,647,300,000
1979 20,325,000,000
1980 24,909,700,000
1981 29,259,100,000
1982 32,791,200,000
1983 36,651,600,000
1984 40,169,900,000
1985 39,324,400,000
1986 39,446,300,000
1987 43,738,600,000
1988 51,049,200,000
1989 58,126,700,000
1990 67,224,700,000
1991 75,153,800,000
1992 80,628,500,000
1993 92,359,400,000
1994 105,026,000,000
1995 116,069,000,000
1996 127,337,000,000
1997 139,497,000,000
1998 136,189,000,000
1999 137,516,000,000
2000 154,395,000,000
2001 151,322,000,000
2002 157,071,000,000
2003 160,991,000,000
2004 184,739,000,000
2005 203,227,000,000
2006 226,287,000,000
2007 257,178,000,000
2008 259,710,000,000
2009 268,453,000,000
2010 309,047,000,000
2011 331,401,000,000
2012 347,618,000,000
2013 362,700,000,000
2014 377,199,000,000
2015 399,187,000,000
2016 413,790,000,000
2017 445,241,000,000
2018 480,545,000,000
2019 484,763,000,000
2020 447,261,000,000

Gross value added at factor cost (constant 2010 US$)

The latest value for Gross value added at factor cost (constant 2010 US$) in Singapore was 311,906,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 327,438,000,000 in 2019 and 5,318,883,000 in 1960.

Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 5,318,883,000
1961 5,774,295,000
1962 6,217,122,000
1963 6,871,254,000
1964 6,633,692,000
1965 7,105,688,000
1966 7,819,319,000
1967 8,855,834,000
1968 10,114,420,000
1969 11,500,870,000
1970 13,078,630,000
1971 14,774,220,000
1972 16,728,760,000
1973 18,515,350,000
1974 19,758,660,000
1975 20,577,610,000
1976 22,136,750,000
1977 23,642,860,000
1978 25,491,780,000
1979 27,892,420,000
1980 30,710,870,000
1981 34,081,180,000
1982 36,501,600,000
1983 39,639,580,000
1984 43,183,010,000
1985 42,905,220,000
1986 43,488,510,000
1987 48,138,130,000
1988 53,565,830,000
1989 58,814,370,000
1990 64,669,920,000
1991 69,213,700,000
1992 73,732,330,000
1993 82,123,220,000
1994 91,456,360,000
1995 98,152,750,000
1996 105,692,000,000
1997 114,557,000,000
1998 112,492,000,000
1999 118,787,000,000
2000 129,480,000,000
2001 128,393,000,000
2002 133,629,000,000
2003 139,634,000,000
2004 153,249,000,000
2005 164,722,000,000
2006 179,637,000,000
2007 195,072,000,000
2008 200,733,000,000
2009 200,836,000,000
2010 230,993,000,000
2011 246,778,000,000
2012 257,986,000,000
2013 271,871,000,000
2014 283,224,000,000
2015 290,360,000,000
2016 298,197,000,000
2017 311,326,000,000
2018 323,188,000,000
2019 327,438,000,000
2020 311,906,000,000

Gross value added at factor cost (constant LCU)

The value for Gross value added at factor cost (constant LCU) in Singapore was 428,808,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 450,162,000,000 in 2019 and a minimum value of 7,312,400,000 in 1960.

Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 7,312,400,000
1961 7,938,500,000
1962 8,547,300,000
1963 9,446,600,000
1964 9,120,000,000
1965 9,768,900,000
1966 10,750,000,000
1967 12,175,000,000
1968 13,905,300,000
1969 15,811,400,000
1970 17,980,500,000
1971 20,311,600,000
1972 22,998,700,000
1973 25,454,900,000
1974 27,164,200,000
1975 28,290,100,000
1976 30,433,600,000
1977 32,504,200,000
1978 35,046,100,000
1979 38,346,500,000
1980 42,221,300,000
1981 46,854,800,000
1982 50,182,400,000
1983 54,496,500,000
1984 59,368,000,000
1985 58,986,100,000
1986 59,788,000,000
1987 66,180,300,000
1988 73,642,300,000
1989 80,858,000,000
1990 88,908,200,000
1991 95,155,000,000
1992 101,367,000,000
1993 112,903,000,000
1994 125,734,000,000
1995 134,940,000,000
1996 145,305,000,000
1997 157,494,000,000
1998 154,654,000,000
1999 163,308,000,000
2000 178,009,000,000
2001 176,515,000,000
2002 183,713,000,000
2003 191,969,000,000
2004 210,687,000,000
2005 226,460,000,000
2006 246,965,000,000
2007 268,184,000,000
2008 275,967,000,000
2009 276,109,000,000
2010 317,569,000,000
2011 339,270,000,000
2012 354,679,000,000
2013 373,769,000,000
2014 389,377,000,000
2015 399,187,000,000
2016 409,961,000,000
2017 428,010,000,000
2018 444,318,000,000
2019 450,162,000,000
2020 428,808,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts