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Growing Our Economy

Annual Statistics






NATIONAL INCOME

2006

2007

2008

2009

GDP at Current Market Prices ($m)

230,509.2

266,405.1

273,537.2

265,057.9

GDP at 2005 Market Prices ($m)

226,802.8

246,161.9

250,549.7

247,334.2

GDP at 2005 Market Prices (Change in %)        
Total

8.6

8.5

1.8

-1.3

Goods Producing Industries

10.6

6.9

-1.5

-1.5

  Manufacturing

11.9

5.9

-4.2

-4.1

  Construction

2.6

16.7

20.1

16.2

Services Producing Industries

8.0

9.0

4.8

-1.4

  Wholesale & Retail Trade

9.4

8.2

3.1

-8.2

  Transport & Storage

6.4

6.6

2.2

-7.0

  Hotels & Restaurants

6.7

6.5

0.8

-1.5

  Information and Communications

4.4

4.8

6.1

1.2

  Financial Services

12.3

14.2

5.7

1.3

  Business Services

8.8

13.9

9.4

4.5


Source: Singapore Department of Statistics
 



LABOUR MARKET

2006

2007

2008

2009

Labour Force ('000) (As at June)

2,594.1

2,710.3

2,939.9

3,030.0

Employed Persons ('000) (As at Year-End)

2,495.9

2,730.8

2,952.4

2,990.0

Unemployment Rate (%) (Average)

2.7

2.1

2.2

3.0

Changes in Employment (Number)

176,000

234,900

221,600

37,600


Source: Ministry of Manpower
            
Singapore Department of Statistics



PRODUCTIVITY

2006

2007

2008

2009

Productivity (Change in %)

1.9

-0.1

-7.2

-3.9


Source: Singapore Department of Statistics
          Ministry of Manpower
 



INDEX OF INDUSTRIAL PRODUCTION

2006

2007

2008

2009

Total Manufacturing (2007=100)

94.4

100.0

95.8

91.8

Total Manufacturing (Change in %)

11.9

5.9

-4.2

-4.2


Source: Economic Development Board
 



INVESTMENT COMMITMENTS

2006

2007

2008

2009

Total Fixed Asset Investments ($m)

10,357.1

17,187.2

18,046.0

11,753.9

  Manufacturing1 ($m)

8,842.6

16,083.6

16,386.3

10,092.1

  Services Clusters ($m)

1,514.5

1,103.6

1,659.7

1,661.8


Source: Economic Development Board
 



RETAIL SALES INDEX

2006

2007

2008

2009

Retail Sales at Constant Prices (2005=100)

107.0

111.0

109.1

98.9

Retail Sales (Change in %)

7.0

3.8

-1.7

-9.3


Source: Singapore Department of Statistics
 



TOURISM

2006

2007

2008

2009

Visitor Arrivals ('000)

9,751.1

10,284.5

10,116.1

9,682.7

Visitor Arrivals (Change in %)

9.0

5.5

-1.6

-4.3


Source: Singapore Tourism Board
 



CONSUMER PRICE INDEX

2006

2007

2008

2009

CPI (2009=100)

91.3

93.2

99.4

100.0

CPI (Change in %)

1.0

2.1

6.6

0.6


Source: Singapore Department of Statistics
 



EXTERNAL TRADE

2006

2007

2008

2009

Trade at Current Prices ($m)        
Total

810,483.3

846,607.4

927,654.8

747,417.4

Imports

378,924.1

395,979.7

450,892.6

356,299.2

Exports

431,559.2

450,627.7

476,762.2

391,118.2

  Domestic Exports

227,378.0

234,903.1

247,618.0

200,003.1

    Oil

59,604.6

63,271.1

89,526.2

58,655.0

    Non-Oil

167,773.4

171,632.0

158,091.8

141,348.2

  Re-Exports

204,181.2

215,724.7

229,144.2

191,115.0

Trade at Current Prices (Change in %)        
Total

13.2

4.5

9.6

-19.4

Imports

13.7

4.5

13.9

-21.0

Exports

12.8

4.4

5.8

-18.0

  Domestic Exports

9.6

3.3

5.4

-19.2

    Oil

12.9

6.2

41.5

-34.5

    Non-Oil

8.5

2.3

-7.9

-10.6

  Re-Exports

16.6

5.7

6.2

-16.6


Source: International Enterprise Singapore
 



BALANCE OF PAYMENTS

2006

2007

2008

2009

Current Account Balance ($m)

55,769.5

71,097.2

50,673.3

47,107.6

Capital & Financial A/C Balance ($m)

-23,958.8

-47,638.2

-34,347.7

-29,933.6

Overall Balance ($m)

26,995.7

29,297.6

18,531.1

16,456.2


Source: Singapore Department of Statistics
 



FOREIGN RESERVES

2006

2007

2008

2009

Total Official Foreign Reserve ($m)

208,991.8

234,545.6

250,346.0

263,955.4

Total Official Foreign Reserve (US$m)

136,260.9

162,956.8

174,196.3

187,809.1


Source: Monetary Authority of Singapore
 



EXCHANGE RATE

2006

2007

2008

2009

S$ Per US$ (Average for Period)

1.5889

1.5071

1.4148

1.4545

S$ Per US$ (End of Period)

1.5336

1.4412

1.4392

1.4034


Source: Monetary Authority of Singapore
 


Note:
1 Including servicing, engineering and R&D.
 

Last updated on 19/05/2010 19:01:06