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Singapore - ECONOMIC INDICATORS
Economic forecasts - General economic indicators - Investments - Foreign Trade


Economic forecasts


 
Indicators
2005
2006
GDP (USD billion)
115.324  
124.433  
Real GDP growth (constant prices)
3.9 % 
4.5 %
GDP per capita (USD)
26252.710  
27841.895  
Inflation rate
0.7 % 
1.7 % 
Source : IMF - 2005 data


General economic indicators

Indicators 2002 2003 2004
GDP (USD billion) 88.3   92.4   106.8  
Real GDP growth (constant prices) 3.0 % 2.5 % 8.4 %
GDP per capita (USD) 22153   22238   23636  
Inflation rate -0.4 % 0.5 % 1.7 %
Unemployment rate 5.2%   5.4%   ..  
External debt (USD billion) ..   ..   ..  
Singapore Dollar rate on 12/31 (1 US$)   1.7351   1.7038   1.6323  
Sources : IMF - 2005 data, World bank, Oanda


GDP per activity sector 2002 2003 2004
Agriculture and fishing 0.1%   0.1%   ..  
Industry and mining 35.1%   34.9%     ..  
Services 64.7%   65.0%     ..  
Sources : World bank


Investments


FDI inflows (USD million) 2002 2003 2004 World rank
Foreign Direct Investments (F.D.I.) 5822   9331   16060   13 / 197
Source : UNCTAD "World Investment Report 2005 "


Foreign Trade


General indicators


Indicators (USD billion) 2002 2003 2004
Imports of goods (f.o.b.) 117.5   128.5   ..  
Export of goods (f.o.b) 137.4   157.9   ..  
Trade balance 19.9   29.3   ..  
Balance of payments 18.9   28.2   ..  
Sources : World bank, IMF


Indicators 2002 2003 2004
Share of foreign trade in GDP ..   ..   ..  
Share of imports in GDP ..   ..   ..  
Share of exports in GDP ..   ..   ..  
Imports of goods and services (percent change) ..   ..   ..  
Exports of goods and services (percent change) ..   ..   ..  
Sources : World bank, IMF


Trade in goods/services by major category


2003 Imports Exports
Total Trade in Goods (USD billion):     128.5     157.9    
Agricultural raw materials 0%   0%  
Food products 3%   2%  
Hydrocarbons 14%   8%  
Manufactured products (chemicals, machines,...) 80%   85%  
Ores and metals 1%   1%  
Other goods 2%   4%  


2003 Imports Exports
Total Trade in Services (USD billion): 30   31  
Transport 46%   39%  
Tourisme 17%   13%  
Other services (insurance, financial services, telecommunications,...) 37%   48%  
Source : World Bank


Trade Data, by HS Code :
Source : www.intracen.org, last available data


Trade by partner countries



Main clients
(% of exports)
2004
Malaysia   15.2%  
USA   13%  
China, Hong Kong SAR   9.8%  
China   8.6%  
Japan   6.4%  

Main suppliers
(% of imports)
2004
Malaysia   15.2%  
USA   12.6%  
Japan   11.7%  
China   9.9%  
Other Asia, nes   5.7%  
Source : COMTRADE


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Last modified in October 2005
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