Nominal GVA breakdown Singapore 2023, by sector

Published by
R. Hirschmann,
Feb 11, 2025

In 2023, the wholesale trade sector contributed 22.3 percent to Singapore's nominal gross value added (GVA). Singapore's economy posted growth across as sectors, indicating a recovery from the impact of the COVID-19 pandemic.

Share of nominal gross value added in Singapore in 2023, by sector

CharacteristicShare of nominal GDP
Wholesale trade 22.3%
Manufacturing 18.6%
Finance and insurance 13.8%
Transportation and storage 6.8%
Information and communications 5.7%
Professional services 5.7%
Ownership of dwellings 3.6%
Construction 3.5%
Real estate 3.1%
Administrative & support services 2.8%
Public administration and defence 2.5%
Education 2.5%
Health and social services 2.5%
Showing entries 1 to 13 (19 entries in total)
Created with Highcharts 7.2.2Share of nominal GDP22.3%22.3%18.6%18.6%13.8%13.8%6.8%6.8%5.7%5.7%5.7%5.7%3.6%3.6%3.5%3.5%3.1%3.1%2.8%2.8%2.5%2.5%2.5%2.5%2.5%2.5%1.5%1.5%1.3%1.3%1.1%1.1%1%1%0.9%0.9%0.8%0.8%Wholesale tradeManufacturingFinance and insuranceTransportation and storageInformation and communicationsProfessional servicesOwnership of dwellingsConstructionReal estateAdministrative & support servicesPublic administration and defenceEducationHealth and social servicesUtilitiesRetail tradeOther services - othersArts, entertainment, and recreationFood & beverage servicesAccommodation
0%2%4%6%8%10%12%14%16%18%20%22%24%26%

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Release date

May 2024

Region

Singapore

Survey time period

2023

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