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Singapore Services Value Added

Services value added as % of GDP  NV.SRV.TOTL.ZS

73.23% +0.20% (+0.3%)
Year 2025 Rank #20 Global Peak 74.55% (1961) Source World Bank

Singapore Services Value Added (1960–2025)

Overview

Singapore's services value added stood at 73.23% in 2025, a rise of +0.20% from 2024. Based on recent trends, this figure is projected to reach 73.23% by 2025. Singapore ranked 20th globally.

Data & projection

Year Services Value Added YoY change Rank
2027* trend 74.11% - -
2026* trend 73.67% - -
2025* trend 73.23% - -
2025 73.23% +0.20% #20
2024 73.03% +0.34% #162
2023 72.69% +1.09% #173
2022 71.60% +1.43% #170
2021 70.17% −1.93% #169
2020 72.10% +1.30% #175
2019 70.80% +1.44% #174
2018 69.36% −1.03% #166
2017 70.39% −0.36% #174
2016 70.75% +0.80% #174
2015 69.95% −0.39% #169
2014 70.35% −0.42% #170
2013 70.76% +1.55% #173
2012 69.21% +0.19% #168
2011 69.02% +1.18% #166
Show all years (1960-2025)
* 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 value added improve within 24 months. View full analysis →

Frequently Asked Questions

What is Singapore's services value added?

Singapore's services value added was 73.23% in 2025. Ranked 20th globally. This represents a 0.3% increase from the previous year.

What was the highest services value added in Singapore?

Singapore's services value added peaked at 74.55% in 1961.

What was the lowest services value added in Singapore?

The lowest services value added in Singapore was 59.90% in 1980.

How does Singapore rank in services value added?

Singapore ranks 20th globally in services value added as of 2025.

What is the World Bank indicator code for services value added?

The World Bank indicator code is NV.SRV.TOTL.ZS. Data sourced from World Bank.

What is the projected services value added of Singapore in 2025?

Singapore's services value added is projected to reach 73.23% by 2025 based on trend extrapolation.

What is the services value added of Singapore in 2025?

The services value added of Singapore in 2025 was 73.23%. This ranks 20th in the world.

Cite this page

APA
Singapore Services Value Added. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/singapore/services-value-added
BibTeX
@misc{historysaid_singapore_services-value-added, title = {Singapore Services Value Added}, url = {https://historysaid.com/singapore/services-value-added}, publisher = {HistorySaid}, year = {2026} }