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Singapore: Services, value added growth
Annual percentage change in real value added by services (ISIC divisions 45-99), at constant local-currency prices.
Data status: CurrentThe latest figures we have collected are for 2025. 2026 is not overdue until March 27, 2028, a generous allowance for a annual series until we have timed this source’s releases.
Official statisticSource figures as of October 8, 2026Sources & methods
- Sources
- World Bank
- Period covered
- 1961 – 2025
- Source figures as of
- October 8, 2026
- Geography
- Singapore
- Sector
- Services (a national-accounts sector)
- Seasonal adjustment
- Not applicable
- Transformations
- Views other than the level (changes, averages, volatility) are calculated by CK Economics from these figures
- Revisions
- Replaced with the source’s latest figures whenever it revises them.
- Data status
- Current
Key figures
CK estimateAnnual % change · calculated by CK Economics from World Bank data
- Latest · 2025
- 4.2
- −1.5 pp vs a year earlier1
- 5-year change
- +8.1 pp
- since 20202
- 10-year change
- 0.0 pp
- since 20152
- Record high
- 13.2
- 19673
- Record low
- −6.45
- 19643
- Where the latest ranks
- 18th pct.
- Higher than 18% of the other 64 observations since 19614
- 1Latest observation against the observation one year earlier (for weekly data, the nearest within three days).
- 2Latest observation against the observation five and ten years earlier.
- 3Highest and lowest published observations across the full history shown.
- 4Share of the other published observations that are lower than the latest one, rounded down.
Methodology
Annual percentage change in real value added by services (ISIC divisions 45-99), at constant local-currency prices. Compiled by the World Bank from national statistical offices and international agencies; some series (labour force participation) are ILO modelled estimates. Source series NV.SRV.TOTL.KD.ZG. Licence: CC BY 4.0.
Source
World Bank, World Development Indicators (WDI 2026-10-08). https://data.worldbank.org/indicator/NV.SRV.TOTL.KD.ZG?locations=SGP
All data
| Period | Value | Change y/y |
|---|---|---|
| 2025 | 4.2 | −1.53 pp |
| 2024 | 5.73 | +3.16 pp |
| 2023 | 2.57 | −2.15 pp |
| 2022 | 4.72 | −3.46 pp |
| 2021 | 8.18 | +12.1 pp |
| 2020 | −3.89 | −5.82 pp |
| 2019 | 1.94 | −0.89 pp |
| 2018 | 2.83 | −0.57 pp |
| 2017 | 3.39 | −0.18 pp |
| 2016 | 3.58 | −0.66 pp |
| 2015 | 4.23 | −0.06 pp |
| 2014 | 4.3 | −2.34 pp |
| 2013 | 6.64 | +1.27 pp |
| 2012 | 5.37 | −1.31 pp |
| 2011 | 6.68 | −4.73 pp |
| 2010 | 11.4 | +11.5 pp |
| 2009 | −0.13 | −4.61 pp |
| 2008 | 4.48 | −4.8 pp |
| 2007 | 9.28 | +1.33 pp |
| 2006 | 7.95 | +0.85 pp |
| 2005 | 7.11 | −2.26 pp |
| 2004 | 9.37 | +3.44 pp |
| 2003 | 5.92 | +2.17 pp |
| 2002 | 3.75 | +0.28 pp |