Singapore - Industry

Industry, value added per worker (constant 2010 US$)

Definition: Value added per worker is a measure of labor productivity—value added per unit of input. Value added denotes the net output of a sector after adding up all outputs and subtracting intermediate inputs. Data are in constant 2010 U.S. dollars. Industry corresponds to the International Standard Industrial Classification (ISIC) tabulation categories C-F (revision 3) or tabulation categories B-F (revision 4), and includes mining and quarrying (including oil production), manufacturing, construction, and public utilities (electricity, gas, and water).

Source: Derived using World Bank national accounts data and OECD National Accounts data files, and employment data from International Labour Organization, ILOSTAT database.

See also:

Year Value
2015 129,526

Industry, value added (current US$)

The latest value for Industry, value added (current US$) in Singapore was $82,840,760,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $95,869,810,000 in 2018 and $115,281,600 in 1960.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.

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

See also:

Year Value
1960 $115,281,600
1961 $128,936,400
1962 $145,367,800
1963 $172,318,000
1964 $190,023,500
1965 $215,895,700
1966 $243,793,300
1967 $284,202,300
1968 $340,226,000
1969 $409,479,900
1970 $517,248,100
1971 $644,812,500
1972 $841,380,700
1973 $1,129,742,000
1974 $1,630,260,000
1975 $1,758,176,000
1976 $2,023,110,000
1977 $2,101,465,000
1978 $2,361,031,000
1979 $3,076,077,000
1980 $4,149,453,000
1981 $4,880,535,000
1982 $5,361,764,000
1983 $6,123,598,000
1984 $6,943,540,000
1985 $6,163,283,000
1986 $6,157,538,000
1987 $6,823,322,000
1988 $8,520,275,000
1989 $9,785,282,000
1990 $11,153,620,000
1991 $14,830,100,000
1992 $16,831,370,000
1993 $19,476,730,000
1994 $23,068,350,000
1995 $27,653,660,000
1996 $30,386,030,000
1997 $31,108,970,000
1998 $27,508,420,000
1999 $26,615,040,000
2000 $31,184,340,000
2001 $27,279,400,000
2002 $28,451,360,000
2003 $29,513,140,000
2004 $36,680,100,000
2005 $40,141,370,000
2006 $45,918,310,000
2007 $51,072,260,000
2008 $51,143,260,000
2009 $52,452,800,000
2010 $63,877,150,000
2011 $70,565,360,000
2012 $73,839,080,000
2013 $72,111,960,000
2014 $76,098,020,000
2015 $74,809,350,000
2016 $74,277,020,000
2017 $80,838,220,000
2018 $95,869,810,000
2019 $90,633,490,000
2020 $82,840,760,000

Industry, value added (current LCU)

The value for Industry, value added (current LCU) in Singapore was 114,295,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 129,309,000,000 in 2018 and a minimum value of 352,900,000 in 1960.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency.

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

Year Value
1960 352,900,000
1961 394,700,000
1962 445,000,000
1963 527,500,000
1964 581,700,000
1965 660,900,000
1966 746,300,000
1967 870,000,000
1968 1,041,500,000
1969 1,253,500,000
1970 1,583,400,000
1971 1,973,900,000
1972 2,566,800,000
1973 3,177,400,000
1974 4,006,200,000
1975 4,284,500,000
1976 4,797,400,000
1977 5,192,300,000
1978 5,759,500,000
1979 6,995,000,000
1980 9,023,400,000
1981 10,450,200,000
1982 11,327,800,000
1983 13,104,500,000
1984 14,671,700,000
1985 13,146,900,000
1986 13,547,200,000
1987 14,857,100,000
1988 17,943,700,000
1989 19,691,900,000
1990 21,752,900,000
1991 25,619,000,000
1992 27,418,300,000
1993 31,470,500,000
1994 35,234,600,000
1995 39,196,300,000
1996 42,844,300,000
1997 46,190,600,000
1998 46,038,100,000
1999 45,112,500,000
2000 53,761,800,000
2001 48,876,500,000
2002 50,945,000,000
2003 51,417,800,000
2004 61,996,700,000
2005 66,811,300,000
2006 72,959,600,000
2007 76,971,000,000
2008 72,362,600,000
2009 76,292,600,000
2010 87,096,500,000
2011 88,757,100,000
2012 92,276,700,000
2013 90,233,700,000
2014 96,423,800,000
2015 102,848,000,000
2016 102,614,000,000
2017 111,630,000,000
2018 129,309,000,000
2019 123,642,000,000
2020 114,295,000,000

Industry, value added (constant 2010 US$)

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant 2010 U.S. dollars.

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

See also:

Year Value
2015 74,809,350,000

Industry, value added (% of GDP)

Industry, value added (% of GDP) in Singapore was 24.37 as of 2020. Its highest value over the past 60 years was 35.16 in 1984, while its lowest value was 16.36 in 1960.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.

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

See also:

Year Value
1960 16.36
1961 16.86
1962 17.59
1963 18.78
1964 21.25
1965 22.15
1966 22.24
1967 22.96
1968 23.86
1969 24.67
1970 26.93
1971 28.48
1972 30.92
1973 30.56
1974 31.22
1975 31.21
1976 31.98
1977 31.75
1978 31.41
1979 33.09
1980 34.88
1981 34.43
1982 33.34
1983 34.43
1984 35.16
1985 32.17
1986 33.13
1987 32.62
1988 33.58
1989 32.12
1990 30.86
1991 32.62
1992 32.29
1993 32.14
1994 31.30
1995 31.49
1996 31.55
1997 31.07
1998 32.09
1999 30.85
2000 32.46
2001 30.38
2002 30.75
2003 30.22
2004 31.89
2005 31.41
2006 30.89
2007 28.23
2008 26.42
2009 27.02
2010 26.64
2011 25.26
2012 25.02
2013 23.45
2014 24.17
2015 24.29
2016 23.30
2017 23.54
2018 25.50
2019 24.21
2020 24.37

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts