Question
Mr Chua Kheng Wee Louis: To ask the Minister for Trade and Industry in the last five years, what is the annual breakdown of the annual principal statistics of manufacturing by capital structure, particularly (i) wholly local ownership (ii) more than half local ownership (iii) less than half local ownership and (iv) wholly foreign ownership.
Written Answer by Minister of State for Trade and Industry Alvin Tan
1. The Economic Development Board releases yearly data on the principal statistics of the manufacturing sector by capital structure on its website: https://www.edb.gov.sg/en/about-edb/media-releases-publications.html?tab=manufacturing-statistics. Historical data from 2016 to 2020[1] are provided in the tables below.
Table 1: Principal Statistics of the Manufacturing Sector in 2020
|
Statistic |
Capital Structure |
|||
|
Wholly Local |
More Than Half Local |
Less Than Half Local |
Wholly Foreign |
|
|
Number of Establishments |
8,365 |
107 |
89 |
614 |
|
Number of Workers |
196,719 |
10,574 |
7,621 |
155,197 |
|
Manufacturing Output ($ thousand) |
42,929,027 |
3,907,996 |
5,153,965 |
248,549,833 |
|
Total Output ($ thousand) |
44,721,089 |
3,996,733 |
5,226,877 |
259,464,033 |
|
Remuneration ($ thousand) |
7,534,234 |
733,244 |
515,603 |
13,416,585 |
|
Total Operating Costs – Materials ($ thousand) |
21,137,588 |
2,388,969 |
3,230,711 |
122,271,255 |
|
Total Operating Costs – Other Operating Costs ($ thousand) |
10,837,686 |
563,340 |
1,035,099 |
63,043,116 |
|
Value Added ($ thousand) |
12,745,815 |
1,044,424 |
961,067 |
74,149,662 |
|
Net Operating Surplus ($ thousand) |
3,004,155 |
154,066 |
394,800 |
52,458,110 |
|
Sales ($ thousand) |
42,913,409 |
3,927,327 |
5,134,978 |
248,030,443 |
|
Direct Export ($ thousand) |
21,925,773 |
2,087,573 |
4,416,542 |
195,058,330 |
|
Net Fixed Assets ($ thousand) |
11,549,545 |
877,291 |
901,081 |
67,774,477 |
Source: EDB
Note : The values of fixed assets are at end of year
Table 2: Principal Statistics of the Manufacturing Sector in 2019
|
Statistic |
Capital Structure |
|||
|
Wholly Local |
More Than Half Local |
Less Than Half Local |
Wholly Foreign |
|
|
Number of Establishments |
8,193 |
111 |
99 |
614 |
|
Number of Workers |
201,784 |
10,826 |
7,813 |
159,076 |
|
Manufacturing Output ($ thousand) |
45,913,191 |
4,935,647 |
5,728,898 |
268,369,923 |
|
Total Output ($ thousand) |
47,954,785 |
5,028,835 |
5,791,626 |
279,024,701 |
|
Remuneration ($ thousand) |
8,028,837 |
774,415 |
553,983 |
13,259,565 |
|
Total Operating Costs – Materials ($ thousand) |
22,708,757 |
3,073,667 |
3,374,252 |
140,003,510 |
|
Total Operating Costs – Other Operating Costs ($ thousand) |
11,600,780 |
670,469 |
1,298,410 |
62,499,737 |
|
Value Added ($ thousand) |
13,645,248 |
1,284,699 |
1,118,965 |
76,521,454 |
|
Net Operating Surplus ($ thousand) |
3,409,244 |
352,597 |
525,456 |
55,058,518 |
|
Sales ($ thousand) |
45,995,058 |
4,942,113 |
5,820,618 |
268,457,838 |
|
Direct Export ($ thousand) |
21,737,605 |
2,433,395 |
4,973,592 |
198,580,065 |
|
Net Fixed Assets ($ thousand) |
12,129,254 |
886,150 |
974,221 |
66,695,410 |
Source: EDB
Note : The values of fixed assets are at end of year
Table 3: Principal Statistics of the Manufacturing Sector in 2018
|
Statistic |
Capital Structure |
|||
|
Wholly Local |
More Than Half Local |
Less Than Half Local |
Wholly Foreign |
|
|
Number of Establishments |
7,950 |
119 |
99 |
620 |
|
Number of Workers |
203,096 |
11,699 |
7,675 |
159,402 |
|
Manufacturing Output ($ thousand) |
62,792,424 |
4,422,577 |
5,869,170 |
271,332,538 |
|
Total Output ($ thousand) |
64,918,088 |
4,540,988 |
5,967,136 |
289,445,858 |
|
Remuneration ($ thousand) |
7,837,296 |
790,092 |
536,519 |
12,663,964 |
|
Total Operating Costs – Materials ($ thousand) |
24,536,194 |
2,579,568 |
3,536,967 |
144,405,184 |
|
Total Operating Costs – Other Operating Costs ($ thousand) |
23,954,143 |
648,189 |
1,281,053 |
64,389,968 |
|
Value Added ($ thousand) |
16,427,751 |
1,313,230 |
1,149,116 |
80,650,706 |
|
Net Operating Surplus ($ thousand) |
6,458,557 |
378,794 |
630,430 |
60,899,563 |
|
Sales ($ thousand) |
62,706,520 |
4,416,305 |
5,827,519 |
270,586,150 |
|
Direct Export ($ thousand) |
38,370,828 |
2,132,177 |
4,924,985 |
193,922,155 |
|
Net Fixed Assets ($ thousand) |
12,318,095 |
843,067 |
750,952 |
59,194,493 |
Source: EDB
Note : The values of fixed assets are at end of year
Table 4: Principal Statistics of the Manufacturing Sector in 2017
|
Statistic |
Capital Structure |
|||
|
Wholly Local |
More Than Half Local |
Less Than Half Local |
Wholly Foreign |
|
|
Number of Establishments |
8,238 |
131 |
106 |
621 |
|
Number of Workers |
207,409 |
12,984 |
7,941 |
157,762 |
|
Manufacturing Output ($ thousand) |
57,018,396 |
4,124,025 |
5,678,835 |
238,920,477 |
|
Total Output ($ thousand) |
59,095,731 |
4,288,575 |
5,765,086 |
252,968,336 |
|
Remuneration ($ thousand) |
8,034,347 |
863,194 |
526,153 |
12,230,704 |
|
Total Operating Costs – Materials ($ thousand) |
21,965,955 |
2,202,880 |
3,358,001 |
127,245,606 |
|
Total Operating Costs – Other Operating Costs ($ thousand) |
24,289,150 |
708,846 |
1,082,672 |
62,203,732 |
|
Value Added ($ thousand) |
12,840,626 |
1,376,850 |
1,324,412 |
63,518,998 |
|
Net Operating Surplus ($ thousand) |
2,775,959 |
328,444 |
792,983 |
44,602,816 |
|
Sales ($ thousand) |
56,993,797 |
4,121,169 |
5,662,435 |
238,354,691 |
|
Direct Export ($ thousand) |
33,999,798 |
1,970,977 |
4,669,498 |
173,015,952 |
|
Net Fixed Assets ($ thousand) |
12,320,741 |
843,202 |
788,762 |
59,034,610 |
Source: EDB
Note : The values of fixed assets are at end of year
[1] 2020 is the latest year for which data is currently available.