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ECONOMIC SURVEY OF SINGAPORE
Economic Survey of Singapore, 1st Qtr 2013
Economic Survey of Singapore, 2012
Economic Survey of Singapore, 3rd Qtr 2012
Economic Survey of Singapore, 2nd Qtr 2012
Economic Survey of Singapore, 1st Qtr 2012
Economic Survey of Singapore, 2011
Economic Survey of Singapore, 3rd Qtr 2011
Economic Survey of Singapore, 2nd Qtr 2011
Economic Survey of Singapore, 1st Qtr 2011
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National Income
Labour Market
Labour Productivity
Industrial Production
Investment Commitments
Retail Sales Index
Visitor Arrivals
Consumer Price Index
External Trade
Balance of Payments
Foreign Reserves
Exchange Rate
NATIONAL INCOME
2009
2010
2011
2012
GDP at Current Market Prices ($m)
274,655.3
315,921.2
334,092.7
345,560.5
GDP at 2005 Market Prices ($m)
249,559.8
286,446.7
301,228.4
305,201.5
GDP at 2005 Market Prices (Change in %)
Total
-0.8
14.8
5.2
1.3
Goods Producing Industries
-1.3
24.7
7.4
1.2
Manufacturing
-4.2
29.7
7.8
0.1
Construction
17.1
3.9
6.3
8.2
Services Producing Industries
-0.7
11.1
4.6
1.2
Wholesale & Retail Trade
-4.0
13.9
1.6
-0.7
Transportation & Storage
-9.4
6.6
3.8
2.7
Accommodation & Food Services
-1.9
14.3
8.2
2.8
Information & Communications
3.9
7.4
3.6
2.6
Financial & Insurance
2.0
11.5
8.9
0.5
Business Services
3.0
8.1
3.0
3.9
Other Services Industries
5.1
15.0
6.3
0.1
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LABOUR MARKET
2009
2010
2011
2012
Labour Force ('000) (As at June)
3,030.0
3,135.9
3,237.1
3,361.8
Employed Persons ('000) (As at Year-End)
2,990.0
3,105.9
3,228.5
3,357.6
Unemployment Rate (%) (Average)
3.0
2.2
2.0
2.0
Changes in Employment (Number)
37,600.0
115,900.0
122,600.0
129,100.0
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LABOUR PRODUCTIVITY
2009
2010
2011
2012
Productivity (Change in %)
-3.4
11.1
1.3
-2.6
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INDUSTRIAL PRODUCTION
2009
2010
2011
2012
Total Manufacturing (2011=100)
71.5
92.8
100.0
100.3
Total Manufacturing (Change in %)
-4.2
29.7
7.8
0.3
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INVESTMENT COMMITMENTS
2009
2010
2011
2012
Total Fixed Asset Investments ($m)
11,753.9
12,854.2
13,734.3
16,007.8
Manufacturing ($m)
10,092.1
10,033.6
11,274.3
14,299.4
Services Clusters ($m)
1,661.8
2,820.6
2,460.0
1,708.4
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RETAIL SALES INDEX
2009
2010
2011
2012
Retail Sales at Constant Prices (2010=100)
102.6
100.0
102.0
103.3
Retail Sales (Change in %)
-9.3
-2.5
2.0
1.3
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VISITOR ARRIVALS
2009
2010
2011
2012
Visitor Arrivals ('000)
9,682.7
11,641.7
13,171.3
14,422.8
Visitor Arrivals (Change in %)
-4.3
20.2
13.1
9.5
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CONSUMER PRICE INDEX
2009
2010
2011
2012
CPI (2009=100)
100.0
102.8
108.2
113.1
CPI (Change in %)
0.6
2.8
5.2
4.6
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EXTERNAL TRADE
2009
2010
2011
2012
Trade at Current Prices ($m)
Total
747,417.4
902,062.6
974,396.3
984,883.6
Imports
356,299.2
423,221.8
459,655.1
474,554.2
Exports
391,118.2
478,840.7
514,741.2
510,329.4
Domestic Exports
200,003.1
248,609.8
281,349.7
285,146.9
-Oil
58,655.0
75,011.1
103,953.8
106,814.4
-Non-Oil
141,348.2
173,598.8
177,395.8
178,332.6
Re-Exports
191,115.0
230,230.9
233,391.6
225,182.5
Trade at Current Prices (Change in %)
Total (Change in %)
-19.4
20.7
8.0
1.1
Imports (Change in %)
-21.0
18.8
8.6
3.2
Exports (Change in %)
-18.0
22.4
7.5
-0.9
Domestic Exports (Change in %)
-19.2
24.3
13.2
1.3
-Oil (Change in %)
-34.5
27.9
38.6
2.8
-Non-Oil (Change in %)
-10.6
22.8
2.2
0.5
Re-Exports (Change in %)
-16.6
20.5
1.4
-3.5
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BALANCE OF PAYMENTS
2009
2010
2011
2012
Current Account Balance ($m)
48,700.1
84,572.3
82,161.7
64,279.9
Capital & Financial A/C Balance ($m)
-35,737.0
-30,505.9
-55,600.3
-35,586.3
Overall Balance ($m)
16,456.2
57,480.5
21,487.7
32,605.9
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FOREIGN RESERVES
2009
2010
2011
2012
Total Official Foreign Reserve ($m)
263,955.4
288,954.1
308,403.2
316,744.2
Total Official Foreign Reserve (US$m)
187,809.1
225,754.2
237,737.0
259,307.1
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EXCHANGE RATE
2009
2010
2011
2012
S$ Per US$ (Average for Period)
1.5
1.4
1.3
1.2
S$ Per US$ (End of Period)
1.4
1.3
1.3
1.2
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DATE PUBLISHED
22 Feb 2013
LAST UPDATED
23 May 2013
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