In 2023, the pharmaceutical industry in Singapore contributed about 9.4 billion Singapore dollars to the GDP, indicating an increase compared to the previous year. The value added by the pharmaceutical industry saw its peak in 2012, at 14.24 billion Singapore dollars. The government of Singapore launched the Biomedical Sciences (BMS) initiative in 2000 that has since amplified the pharmaceutical industry in the country.
Value added by the pharmaceutical industry in Singapore from 2014 to 2023
(in billion Singapore dollars)
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Singapore Department of Statistics. (February 15, 2024). Value added by the pharmaceutical industry in Singapore from 2014 to 2023 (in billion Singapore dollars) [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1196337/singapore-value-added-by-pharmaceutical-industry/
Singapore Department of Statistics. "Value added by the pharmaceutical industry in Singapore from 2014 to 2023 (in billion Singapore dollars)." Chart. February 15, 2024. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1196337/singapore-value-added-by-pharmaceutical-industry/
Singapore Department of Statistics. (2024). Value added by the pharmaceutical industry in Singapore from 2014 to 2023 (in billion Singapore dollars). Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1196337/singapore-value-added-by-pharmaceutical-industry/
Singapore Department of Statistics. "Value Added by The Pharmaceutical Industry in Singapore from 2014 to 2023 (in Billion Singapore Dollars)." Statista, Statista Inc., 15 Feb 2024, https://www.statista.com/statistics/1196337/singapore-value-added-by-pharmaceutical-industry/
Singapore Department of Statistics, Value added by the pharmaceutical industry in Singapore from 2014 to 2023 (in billion Singapore dollars) Statista, https://www.statista.com/statistics/1196337/singapore-value-added-by-pharmaceutical-industry/ (last visited December 23, 2024)
Value added by the pharmaceutical industry in Singapore from 2014 to 2023 (in billion Singapore dollars) [Graph], Singapore Department of Statistics, February 15, 2024. [Online]. Available: https://www.statista.com/statistics/1196337/singapore-value-added-by-pharmaceutical-industry/