Economic Survey of Singapore

Economic Survey of Singapore Second Quarter 2025

12 August 2025

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Press Release [PDF, 295 KB] (opens in new tab)

Full Report [PDF, 2 MB] (opens in new tab)

Main Indicators of the Singapore Economy [PDF, 75 KB] (opens in new tab)

Box Article - Recent Trends in Singapore’s Water Transport and Air Transport Segments [PDF, 104 KB] (opens in new tab)

Feature Article - Impact of the 2022 Increases in Retirement and Re-employment Ages on the Employment Outcomes of Senior Workers [PDF, 471 KB] (opens in new tab)

Statistical Appendix

Statistical Appendix (All) [PDF, 379 KB] (opens in new tab)

Table A1.1 - Gross Domestic Product by Industry [XLSX, 1.6 MB] (opens in new tab)

Table A1.2 - Gross Domestic Product by Industry in Chained (2015) Dollars, Seasonally Adjusted [XLSX, 24 KB] (opens in new tab)

Table A1.3 - Percentage Contribution to Growth in Real GDP [XLSX, 19 KB] (opens in new tab)

Table A1.4 - Gross Domestic Product Deflators by Industry [XLSX, 21 KB] (opens in new tab)

Table A1.5 - Expenditure on Gross Domestic Product in Chained (2015) Dollars [XLSX, 34 KB] (opens in new tab)

Table A1.6 - Expenditure on Gross Domestic Product at Current Prices [XLSX, 35 KB] (opens in new tab)

Table A1.7 - Expenditure on Gross Domestic Product Deflators (2015=100) [XLSX, 33 KB] (opens in new tab)

Table A1.8 - Changes and Contribution to Growth in Total Demand in Chained (2015) Dollars [XLSX, 62 KB] (opens in new tab)

Table A1.9 - Private Consumption Expenditure in Chained (2015) Dollars [XLSX, 36 KB] (opens in new tab)

Table A1.10 - Private Consumption Expenditure at Current Prices [XLSX, 36 KB] (opens in new tab)

Table A1.11 - Gross Fixed Capital Formation in Chained (2015) Dollars [XLSX, 34 KB] (opens in new tab)

Table A1.12 - Gross Fixed Capital Formation at Current Prices [XLSX, 34 KB] (opens in new tab)

Table A1.13 - Income Components of Gross Domestic Product at Current Prices [XLSX, 20 KB] (opens in new tab)

Table A1.14 - Compensation of Employees By Industry at Current Prices [XLSX, 25 KB] (opens in new tab)

Table A1.15 - Gross Operating Surplus By Industry at Current Prices [XLSX, 25 KB] (opens in new tab)

Table A1.16 - Other Taxes Less Subsidies on Production by Industry at Current Prices [XLSX, 23 KB] (opens in new tab)

Table A2.1 - Changes in Employment by Sector [XLSX, 18 KB] (opens in new tab)

Table A2.2 - Value Added Per Actual Hour Worked by Industry [XLSX, 20 KB] (opens in new tab)

Table A2.3 - Value Added Per Worker By Industry [XLSX, 20 KB] (opens in new tab)

Table A2.4 - Indices of Unit Labour Cost by Industry [XLSX, 26 KB] (opens in new tab)

Table A2.5 - Unit Business Cost Index of Manufacturing [XLSX, 21 KB] (opens in new tab)

Table A3.1 - Consumer Price Index [XLSX, 18 KB] (opens in new tab)

Table A3.2 - Price Indices [XLSX, 24 KB] (opens in new tab)

Table A4.1 - Merchandise Trade [XLSX, 24 KB] (opens in new tab)

Table A4.2 - Non-Oil Domestic Exports by Major Products [XLSX, 21 KB] (opens in new tab)

Table A4.3 - Non-Oil Domestic Exports by Major Markets [XLSX, 22 KB] (opens in new tab)

Table A5.1 - Balances of Payments [XLSX, 43 KB] (opens in new tab)

Table A6.1 - Index of Industrial Production [XLSX, 25 KB] (opens in new tab)

Table A6.2 - Investment Commitments in Manufacturing and Services by Industry Cluster [XLSX, 21 KB] (opens in new tab)

Table A6.3 - Investment Commitments in Manufacturing and Services by Country of Origin [XLSX, 22 KB] (opens in new tab)

Table A7.1 - Building and Construction Activities [XLSX, 22 KB] (opens in new tab)

Table A8.1 - Retail Sales Index [XLSX, 23 KB] (opens in new tab)

Table A9.1 - Visitor Arrivals by Inbound Tourism Markets [XLSX, 21 KB] (opens in new tab)

Table A10.1 - Transport and Communications [XLSX, 37 KB] (opens in new tab)

Table A11.1 - Quarterly Composite Leading Index [XLSX, 18 KB] (opens in new tab)

Table A11.2 - Quarterly Composite Coincident Index [XLSX, 18 KB] (opens in new tab)

Table A11.3 - Business Expectations for the Manufacturing Sector [XLSX, 15 KB] (opens in new tab)

Table A11.4 - Business Expectations for the Services Sector [XLSX, 19 KB] (opens in new tab)

Table A12.1 - Government Operating Revenue [XLSX, 19 KB] (opens in new tab)

Table A12.2 - Government Operating Expenditure [XLSX, 19 KB] (opens in new tab)

Table A12.3 - Government Development Expenditure [XLSX, 19 KB] (opens in new tab)

Others

Advance GDP Estimates for Second Quarter 2025, 14 July 25 [PDF, 294 KB] (opens in new tab)