Data / Services, value added / Singapore

Services, value added in Singapore

Services, value added in Singapore was 71.6% of GDP in 2025, according to the World Bank. That is down 1.6 pts from 2024.

2025, % of GDP71.6
Change on 2024-1.6 pts
Series high74.61961
Series low59.91980

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Services, value added in Singapore, 1960 to 2025

556065707519601970198019902000201020251960: 74.5 % of GDP1961: 74.6 % of GDP1962: 73.9 % of GDP1963: 73.4 % of GDP1964: 70.5 % of GDP1965: 69.2 % of GDP1966: 68.9 % of GDP1967: 69 % of GDP1968: 68.1 % of GDP1969: 67.3 % of GDP1970: 65 % of GDP1971: 64.1 % of GDP1972: 62.2 % of GDP1973: 62.6 % of GDP1974: 63.1 % of GDP1975: 63.1 % of GDP1976: 62.4 % of GDP1977: 62.5 % of GDP1978: 63.2 % of GDP1979: 61.5 % of GDP1980: 59.9 % of GDP1981: 60.5 % of GDP1982: 61.8 % of GDP1983: 60.7 % of GDP1984: 60 % of GDP1985: 63.1 % of GDP1986: 62.6 % of GDP1987: 62.9 % of GDP1988: 61.5 % of GDP1989: 62.3 % of GDP1990: 64.2 % of GDP1991: 62.8 % of GDP1992: 62.5 % of GDP1993: 62 % of GDP1994: 61.8 % of GDP1995: 61.6 % of GDP1996: 62.1 % of GDP1997: 62.6 % of GDP1998: 62.7 % of GDP1999: 63.1 % of GDP2000: 60.7 % of GDP2001: 63.6 % of GDP2002: 64 % of GDP2003: 64.3 % of GDP2004: 63.1 % of GDP2005: 64.1 % of GDP2006: 64.9 % of GDP2007: 66 % of GDP2008: 68.3 % of GDP2009: 68 % of GDP2010: 67.8 % of GDP2011: 69 % of GDP2012: 69.2 % of GDP2013: 70.8 % of GDP2014: 70.3 % of GDP2015: 70 % of GDP2016: 70.9 % of GDP2017: 70.5 % of GDP2018: 69.5 % of GDP2019: 70.9 % of GDP2020: 72.2 % of GDP2021: 70.3 % of GDP2022: 71.6 % of GDP2023: 72.8 % of GDP2024: 73.1 % of GDP2025: 71.6 % of GDP556065707519601982200420251960: 74.5 % of GDP1961: 74.6 % of GDP1962: 73.9 % of GDP1963: 73.4 % of GDP1964: 70.5 % of GDP1965: 69.2 % of GDP1966: 68.9 % of GDP1967: 69 % of GDP1968: 68.1 % of GDP1969: 67.3 % of GDP1970: 65 % of GDP1971: 64.1 % of GDP1972: 62.2 % of GDP1973: 62.6 % of GDP1974: 63.1 % of GDP1975: 63.1 % of GDP1976: 62.4 % of GDP1977: 62.5 % of GDP1978: 63.2 % of GDP1979: 61.5 % of GDP1980: 59.9 % of GDP1981: 60.5 % of GDP1982: 61.8 % of GDP1983: 60.7 % of GDP1984: 60 % of GDP1985: 63.1 % of GDP1986: 62.6 % of GDP1987: 62.9 % of GDP1988: 61.5 % of GDP1989: 62.3 % of GDP1990: 64.2 % of GDP1991: 62.8 % of GDP1992: 62.5 % of GDP1993: 62 % of GDP1994: 61.8 % of GDP1995: 61.6 % of GDP1996: 62.1 % of GDP1997: 62.6 % of GDP1998: 62.7 % of GDP1999: 63.1 % of GDP2000: 60.7 % of GDP2001: 63.6 % of GDP2002: 64 % of GDP2003: 64.3 % of GDP2004: 63.1 % of GDP2005: 64.1 % of GDP2006: 64.9 % of GDP2007: 66 % of GDP2008: 68.3 % of GDP2009: 68 % of GDP2010: 67.8 % of GDP2011: 69 % of GDP2012: 69.2 % of GDP2013: 70.8 % of GDP2014: 70.3 % of GDP2015: 70 % of GDP2016: 70.9 % of GDP2017: 70.5 % of GDP2018: 69.5 % of GDP2019: 70.9 % of GDP2020: 72.2 % of GDP2021: 70.3 % of GDP2022: 71.6 % of GDP2023: 72.8 % of GDP2024: 73.1 % of GDP2025: 71.6 % of GDP
% of GDP. Source: World Bank, Services, value added (% of GDP) (NV.SRV.TOTL.ZS). Retrieved 2026-10-18, published 2026-10-08.
All 66 values
Period% of GDP
202571.6
202473.1
202372.8
202271.6
202170.3
202072.2
201970.9
201869.5
201770.5
201670.9
201570
201470.3
201370.8
201269.2
201169
201067.8
200968
200868.3
200766
200664.9
200564.1
200463.1
200364.3
200264
200163.6
200060.7
199963.1
199862.7
199762.6
199662.1
199561.6
199461.8
199362
199262.5
199162.8
199064.2
198962.3
198861.5
198762.9
198662.6
198563.1
198460
198360.7
198261.8
198160.5
198059.9
197961.5
197863.2
197762.5
197662.4
197563.1
197463.1
197362.6
197262.2
197164.1
197065
196967.3
196868.1
196769
196668.9
196569.2
196470.5
196373.4
196273.9
196174.6
196074.5

Singapore compared with nearby places

Antigua and Barbuda: 68.7 % of GDPAlbania: 49.7 % of GDPArmenia: 61.3 % of GDPAngola: 46.8 % of GDPArgentina: 56.2 % of GDPAustria: 64.1 % of GDPAustralia: 67.5 % of GDPAzerbaijan: 45.3 % of GDPBosnia and Herzegovina: 57.7 % of GDPBangladesh: 52.1 % of GDPBelgium: 71.2 % of GDPBurkina Faso: 41.5 % of GDPBulgaria: 63.3 % of GDPBurundi: 42.1 % of GDPBenin: 50.1 % of GDPBrunei: 40.2 % of GDPBrazil: 59.7 % of GDPBhutan: 53.2 % of GDPBotswana: 64.6 % of GDPBelarus: 50 % of GDPDemocratic Republic of the Congo: 48 % of GDPCentral African Republic: 41.4 % of GDPRepublic of the Congo: 54.3 % of GDPSwitzerland: 71.7 % of GDPCôte d’Ivoire: 51.2 % of GDPChile: 55.5 % of GDPCameroon: 50.4 % of GDPChina: 57.7 % of GDPColombia: 58.5 % of GDPCosta Rica: 69.2 % of GDPCape Verde: 67.9 % of GDPCyprus: 76.8 % of GDPCzechia: 60.8 % of GDPGermany: 64.5 % of GDPDjibouti: 75.7 % of GDPDenmark: 62.7 % of GDPDominican Republic: 60.1 % of GDPAlgeria: 45.7 % of GDPEcuador: 57 % of GDPEstonia: 65.8 % of GDPEgypt: 47.3 % of GDPSpain: 68.4 % of GDPEthiopia: 36.6 % of GDPFinland: 62.1 % of GDPFiji: 57 % of GDPFrance: 70.9 % of GDPGabon: 42.3 % of GDPUnited Kingdom: 73.1 % of GDPGeorgia: 63.9 % of GDPGhana: 42.9 % of GDPGambia: 53.1 % of GDPGuinea: 35.7 % of GDPEquatorial Guinea: 55.5 % of GDPGreece: 67.4 % of GDPGuatemala: 62.1 % of GDPGuinea-Bissau: 39.1 % of GDPGuyana: 14.8 % of GDPHonduras: 57.6 % of GDPCroatia: 60.9 % of GDPHaiti: 54.2 % of GDPHungary: 60.1 % of GDPIndonesia: 43.9 % of GDPIreland: 56.7 % of GDPIndia: 49.3 % of GDPIraq: 52.3 % of GDPIran: 47.1 % of GDPIceland: 66.2 % of GDPItaly: 64.5 % of GDPJamaica: 59.8 % of GDPJordan: 56.8 % of GDPKenya: 55.1 % of GDPKyrgyzstan: 51.2 % of GDPCambodia: 35 % of GDPSouth Korea: 57.2 % of GDPKuwait: 59.6 % of GDPKazakhstan: 57.7 % of GDPLaos: 43.6 % of GDPSri Lanka: 54.6 % of GDPLiberia: 40 % of GDPLesotho: 55.6 % of GDPLithuania: 64.8 % of GDPLuxembourg: 81.4 % of GDPLatvia: 64.2 % of GDPLibya: 26.9 % of GDPMorocco: 52.3 % of GDPMoldova: 61.5 % of GDPMontenegro: 63.4 % of GDPMadagascar: 48.8 % of GDPNorth Macedonia: 57 % of GDPMali: 36.6 % of GDPMyanmar: 38.5 % of GDPMongolia: 44.3 % of GDPMauritania: 42.4 % of GDPMauritius: 63.9 % of GDPMalawi: 48.7 % of GDPMexico: 58.9 % of GDPMalaysia: 54.8 % of GDPMozambique: 42 % of GDPNamibia: 55 % of GDPNiger: 31.1 % of GDPNigeria: 58.2 % of GDPNicaragua: 45.2 % of GDPNetherlands: 70.4 % of GDPNorway: 55 % of GDPNepal: 54.4 % of GDPOman: 47.2 % of GDPPanama: 70 % of GDPPhilippines: 64.4 % of GDPPakistan: 50.9 % of GDPPoland: 59.7 % of GDPPuerto Rico: 51.9 % of GDPPortugal: 66.6 % of GDPParaguay: 48.1 % of GDPQatar: 47 % of GDPRomania: 61.7 % of GDPSerbia: 59.7 % of GDPRussia: 58.9 % of GDPRwanda: 52.3 % of GDPSaudi Arabia: 48.9 % of GDPSudan: 37 % of GDPSweden: 67 % of GDPSingapore: 71.6 % of GDPSlovenia: 58.6 % of GDPSlovakia: 59.8 % of GDPSierra Leone: 41.6 % of GDPSenegal: 46.3 % of GDPEl Salvador: 58.9 % of GDPEswatini: 52.4 % of GDPChad: 33.9 % of GDPTogo: 61.7 % of GDPThailand: 60.2 % of GDPTurkmenistan: 48.9 % of GDPTunisia: 62.7 % of GDPTürkiye: 59.4 % of GDPTanzania: 28.8 % of GDPUkraine: 61 % of GDPUganda: 42.1 % of GDPUruguay: 65.2 % of GDPUzbekistan: 46.5 % of GDPVietnam: 42.7 % of GDPSamoa: 72.1 % of GDPSouth Africa: 63.1 % of GDPZambia: 57 % of GDPZimbabwe: 48.2 % of GDP
  • Under 43
  • 43 to 50
  • 50 to 56
  • 56 to 60
  • 60 to 65
  • 65 and over
  • No data
Services, value added, 2025, % of GDP. Singapore is outlined. Same source and period for every area shown. Source: World Bank. Boundaries: Natural Earth (public domain).

Rankings

Definition

Gross value added of services (ISIC Rev.

More on how it is measured
  • 4 divisions 45 to 99), including trade, transport, hotels and restaurants, finance, real estate, public administration, education and health, as a share of GDP.
  • World Bank national accounts data, compiled from national statistical offices and central banks and from OECD national accounts files.

Agriculture, industry and services do not add up to exactly 100%: taxes less subsidies on products are part of GDP but of no sector. Current prices, so the share moves with relative prices as well as volumes. Countries that rebase their national accounts can shift it by several points. The latest year varies by country.

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How to cite

World Bank, World Development Indicators. Services, value added (% of GDP) (NV.SRV.TOTL.ZS). https://data.worldbank.org/indicator/NV.SRV.TOTL.ZS. Retrieved 2026-10-18. Licensed under CC BY 4.0.

Citation styles

The publisher is the author. Invokely is named only as the place the figures were read, where a style asks for it.

APA 7

World Bank. (2026). Services, value added (% of GDP) (NV.SRV.TOTL.ZS) (Services, value added, Singapore, 1960 to 2025) [Data set]. Retrieved October 18, 2026, from https://data.worldbank.org/indicator/NV.SRV.TOTL.ZS

MLA 9

Services, value added (% of GDP) (NV.SRV.TOTL.ZS), Services, value added, Singapore, 1960 to 2025. World Bank, 8 Oct. 2026, https://data.worldbank.org/indicator/NV.SRV.TOTL.ZS. Invokely, https://invokely.ai/en/services-share-of-gdp/singapore. Accessed 18 Oct. 2026.

Chicago (author-date)

World Bank. 2026. Services, value added (% of GDP) (NV.SRV.TOTL.ZS). Services, value added, Singapore, 1960 to 2025. Dataset. Accessed October 18, 2026. https://data.worldbank.org/indicator/NV.SRV.TOTL.ZS. Also distributed by Invokely, https://invokely.ai/en/services-share-of-gdp/singapore.

Harvard

World Bank (2026) Services, value added (% of GDP) (NV.SRV.TOTL.ZS), Services, value added, Singapore, 1960 to 2025 [Dataset]. Available at: https://data.worldbank.org/indicator/NV.SRV.TOTL.ZS, via Invokely: https://invokely.ai/en/services-share-of-gdp/singapore (Accessed: 18 October 2026).

BibTeX
@misc{world_services_value_added_singapore_2025,
  author = {{World Bank}},
  title = {{Services, value added (\% of GDP) (NV.SRV.TOTL.ZS): Services, value added, Singapore, 1960 to 2025}},
  year = {2026},
  howpublished = {Data set},
  url = {https://data.worldbank.org/indicator/NV.SRV.TOTL.ZS},
  urldate = {2026-10-18},
  note = {Accessed via Invokely, https://invokely.ai/en/services-share-of-gdp/singapore. Publisher attribution: World Bank, World Development Indicators. Services, value added (\% of GDP) (NV.SRV.TOTL.ZS). https://data.worldbank.org/indicator/NV.SRV.TOTL.ZS. Retrieved 2026-10-18. Licensed under CC BY 4.0.},
}
RIS
TY  - DATA
AU  - World Bank
TI  - Services, value added (% of GDP) (NV.SRV.TOTL.ZS): Services, value added, Singapore, 1960 to 2025
PY  - 2026
DA  - 2026/10/08
PB  - World Bank
DB  - Invokely
UR  - https://data.worldbank.org/indicator/NV.SRV.TOTL.ZS
L2  - https://invokely.ai/en/services-share-of-gdp/singapore
Y2  - 2026/10/18
N1  - Accessed via Invokely, https://invokely.ai/en/services-share-of-gdp/singapore.
N1  - Publisher attribution: World Bank, World Development Indicators. Services, value added (% of GDP) (NV.SRV.TOTL.ZS). https://data.worldbank.org/indicator/NV.SRV.TOTL.ZS. Retrieved 2026-10-18. Licensed under CC BY 4.0.
ER  -
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Questions

What is the services, value added in Singapore?

Services, value added in Singapore was 71.6% of GDP in 2025, according to the World Bank. That is down 1.6 pts from 2024.

Where does this figure come from?

World Bank. Services, value added (% of GDP) (NV.SRV.TOTL.ZS). Retrieved by Invokely on 2026-10-18.

What was the highest services, value added in Singapore?

74.6% of GDP in 1961, the highest value since 1960 in this series.

Services, value added in other countries

Related statistics for Singapore

All statistics for Singapore | Singapore in figures