National Income
Gross Domestic Product (GDP) at 2010 Market Prices
$391.3 bil 
$390 bil
$385 bil
z $383.6 bil
$380 bil
$375 bil
+2.0%
2014
2015
2013
2014
+3.2%
2012
2013
+4.6%
2011
2012
+3.6%
z$371.5 bil
$370 bil
$365 bil
$360 bil
$355 bil
z$354.9 bil
$350 bil
$345 bil
$340 bil
z $342.4 bil
2011
2012
2013
2014
2015
Per Capita Gross National Income
2011
$67,481
$65,884
$65,327
2012
at Current Market Prices
2013
3
$67,462
2014
4
$69,283
2015
5
Inflation, Labour and Business Costs
Consumer Price Index
$
All Items
(2014=100)
Year-on-Year Change
MAS Core Inflation Measure*
(2014=100)
5.0%
+5.2%
4.0%
+2.2%
3.0%
+2.4%
+1.9%
+1.7%
+1.0%
2.0%
+4.6%
+0.5%
1.0%
+2.5%
-0.5%
0.0%
2012
2011
2014
2013
2015
* Excludes the components of “Accommodation” and “Private Road Transport”.
Unit Labour Cost Index (2010=100)
Year-on-Year Change
Unit Business Cost Index of Manufacturing
(2010=100)
Year-on-Year Change
8.0%
+ 2.8 %
2015
+ 6.3 %
6.1%
z
6.0%
4.8%
z
+ 3.2 %
2014
+ 2.3 %
4.0%
2.6%
z
+ 1.4 %
2013
+ 3.4 %
1.4%
z
2.0%
0.0%
+ 3.0 %
2012
+ 2.9 %
-2.1% z
-2.0%
+ 1.6 %
2011
- 2.1 %
2011
2012
2013
2014
2015
Manufacturing and Building & Construction
Total Output*
Value Added
less :
2015 $283.0 bil
2011 $295.5 bil
2015 $70.4 bil
2011 $61.0 bil
fuel
work given out
transportation charges
materials
other operating costs
utilities
* Refers to manufacturing output and other operating income.
Source : Economic Development Board
Building Commencement
Private Residential Properties** (Units)
Units)
2015
8,082
2011
20,736
Office Space
Retail Space
(Thousand Square Metres of Gross Floor Area)
11
254
2015
2011
Factory Space
225
285
Warehouse Space
(Thousand Square Metres of Gross Floor Area)
1,081
1,477
2015
2011
686
447
** Excludes hostels, HDB flats, tenement houses, parsonages and Executive Condominiums.
Source : Urban Redevelopment Authority, JTC Corporation
International Trade and Tourism
Merchandise
M
erchandise Trade
Trade
$884.1
bil in 2015
TTrade
rade iin
n SServices
ervices
$389.2 bil in 2015
Exports
Imports
Exports
Imports
$476.3 bil
$407.8 bil
$191.9 bil
$197.2 bil
Imports
46%
Exports
54%
Imports
51%
Exports
49%
Source : International Enterprise Singapore
IInternational
nternational V
Visitor
isitor Arrivals
Arrivals 1
2015
15.2 mil
2014
15.1 mil
15.6 mil
2013
14.5 mil
2012
13.2 mil
2011
0
1 Excludes arrivals of Malaysians by land.
Source : Singapore Tourism Board
Transport
1,853 Thousand Tonnes of
1
in
2015
838
1,015
Thousand
Tonnes
Thousand
Tonnes
LLoaded
Discharged
Source : Civil Aviation Authority of Singapore
576 Million Tonnes of
exceeds
in
29 Million TEUs
2015
15
since
33
2012
2013
34
31
Million TEUs
30
32
2011
37%
63%
0
2011
1 Refers to Changi Airport only. Data exclude passenger baggage, diplomatic cargo and aircraft stores.
Source : Maritime and Port Authority of Singapore
2014
2015
Info-communications and Media
Mobile
M
obile
Population
P
opulation
Penetration
P
enetration R
Rate
ate
102.8 % in 2015
148.4 % in 2015
190.0%
184.3%
171.5%
166.1%
152.4%
2011
2012
2013
2014
2015
Source : Infocomm Development Authority of Singapore
‘000 copies
1,500
1,498
1,466
1,450
1,440
1,400
1,375
1,350
1,338
1,300
2011
Source : Singapore Press Holdings Ltd, Mediacorp Press Ltd
2012
2013
2014
2015
Government Finance
Budget Surplus
(Billion Dollars)
Revenue and Expenditure
R
Billion Dollars
0
8.7
60.8
Revenue
FY2014
Expenditure
56.6
12.4
Revenue
57.0
8.3
Expenditure
46.6
8.4
Revenue
46.1
7.4
Expenditure
45.3
Operating
Revenue 1
FY2011
4.0
FY2010
1.0
7.9
51.1
Revenue
5.8
8.9
49.0
Expenditure
FY2012
7.9
55.8
Revenue
5.0
8.6
51.7
Expenditure
FY2013
7.1
Net Investment
Income/Net Investment
Returns Contribution 2
Total
Expenditure 3
Special
Transfers 4
Note: Data refer to the Government's financial year, which begins on 1 April of the current year and ends on 31 March of the following year.
1 Operating Revenue excludes the repayment of loans and advances, interest income, investment income and capital receipts.
2 Net Investment Returns Contribution (NIRC) is the sum of: (1) up to 50% of the expected long-term real return on the relevant assets specified in
the Constitution; and (2) up to 50% of the net investment income on the remaining assets.
3 Total Expenditure comprises Operating Expenditure and Development Expenditure. Development Expenditure excludes loans to statutory
boards, industrial and commercial enterprises and land-related expenditure items.
4 Special Transfers refer to discretionary transfers made by the Government and these include one-off direct transfers to businesses and
households, as well as top-ups to endowment and trust funds created by the Government for specific expenditure objectives.
Source : Accountant –General’s Department
Finance
ASSETS
Billion Dollars
LIABILITIES
Financial Assets
985.8
Mortgages
Residential Property
Assets
833.5
Personal Loans
Total Assets
1,819.3
Total Liabilities
NET WORTH
Net Worth
Billion Dollars
224.8
76.6
301.3
Billion Dollars
1,518.0
Note: Data are non-seasonally adjusted.
Numbers may not add up due to rounding.
2015
$160.4 bil
2014
$160.2 bil
2013
$154.6 bil
2012
$140.7 bil
2011
$130.6 bil
0
Source : Monetary Authority of Singapore
Employment
Labour Force 1
3,443.7
3,530.8
2011
2012
2013
2014
2015
Thousand
3,361.8
3,610.6
3,237.1
0
Total Unemployment
Rate 1 (Seasonally Adjusted in June)
was about 2% per year
between 2011-2015
Resident Labour Force Participation Rate 1
2011
2012
2013
2014
2015
66.1%
66.6%
66.7%
67.0%
68.3%
Total
75.6%
76.0%
75.8%
75.9%
76.7%
57.0%
57.7%
58.1%
58.6%
60.4%
Male
Female
1 Refer to persons aged 15 years and over in June of the respective years.
Source: Comprehensive Labour Force Survey, Manpower Research & Statistical Department, Ministry of Manpower.