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Singapore Services Employment

Employment in services  SL.SRV.EMPL.ZS

Singapore's services employment was 85.91% in 2025, ranked 178th globally. This represents a 0.2% increase from 2024. Data from World Bank, covering 1991–2025.

85.91% +0.17% (+0.2%)
Year 2025 Rank #178 Global Peak 86.08% (2023) Source World Bank

Singapore Services Employment (1991–2025)

Overview

Singapore's services employment stood at 85.91% in 2025, a rise of +0.17% from 2024. Based on recent trends, this figure is projected to reach 86.10% by 2026. Singapore ranked 178th globally.

Singapore’s services sector has been the dominant force in its labor market for decades, with employment in the sector rising from 64.58 percent in 1991 to 85.91 percent in 2025, reflecting the country’s deep structural shift toward a knowledge- and service-based economy. The all-time peak of 86.08 percent was reached in 2023, underscoring the sector’s sustained expansion even amid global economic volatility. This trajectory aligns with regional peers such as Hong Kong SAR, China, where services employment stood at 85.80 percent, indicating a shared post-industrial economic model in high-income Asian economies. Over the 35-year coverage period, manufacturing and agriculture have steadily declined in relative importance, while finance, business services, and tourism-related industries have grown. The continued dominance of services employment is expected to persist, supported by government policies promoting innovation and global connectivity. However, the trend could face pressure from automation, demographic constraints, or a strategic pivot toward advanced manufacturing or digital trade, which might alter labor demand in the coming decade.

Data & projection

Year Services Employment YoY change Rank
2028* trend 86.36% - -
2027* trend 86.23% - -
2026* trend 86.10% - -
2025 85.91% +0.17% #178
2024 85.74% −0.34% #178
2023 86.08% +0.73% #180
2022 85.34% −0.10% #181
2021 85.45% +0.38% #182
2020 85.06% +0.14% #182
2019 84.92% +1.08% #182
2018 83.85% −0.15% #181
2017 84.00% +0.28% #181
2016 83.72% +1.14% #181
2015 82.59% +0.30% #179
2014 82.29% +2.10% #180
2013 80.19% +0.69% #175
2012 79.50% +0.37% #174
2011 79.13% +0.99% #174
Show all years (1991-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +14.9% GDP growth 9.8% C/A balance 19.8%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Singapore matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw services employment improve within 24 months. View full analysis →

Frequently Asked Questions

What is Singapore's services employment?▾

Singapore's services employment was 85.91% in 2025. Ranked 178th globally. This represents a 0.2% increase from the previous year.

What was the highest services employment in Singapore?▾

Singapore's services employment peaked at 86.08% in 2023.

What was the lowest services employment in Singapore?▾

The lowest services employment in Singapore was 64.58% in 1991.

How does Singapore rank in services employment?▾

Singapore ranks 178th globally in services employment as of 2025.

What is the World Bank indicator code for services employment?▾

The World Bank indicator code is SL.SRV.EMPL.ZS. Data sourced from World Bank.

What is the projected services employment of Singapore in 2026?▾

Singapore's services employment is projected to reach 86.10% by 2026 based on trend extrapolation.

What is the services employment of Singapore in 2025?▾

The services employment of Singapore in 2025 was 85.91%. This ranks 178th in the world.

Cite this page

APA
Singapore Services Employment. HistorySaid. Retrieved October 22, 2026, from https://historysaid.com/singapore/services-employment/
BibTeX
@misc{historysaid_singapore_services-employment, title = {Singapore Services Employment}, url = {https://historysaid.com/singapore/services-employment/}, publisher = {HistorySaid}, year = {2026} }
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