Singapore Department of Statistics (DOS)

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National Accounts 5.8% GDP in 3Q2020 (YoY)

Manufacturing 0.9% Index of Industrial Production in Oct 2020 (YoY)

Services 10.8% Retail Sales in Sep 2020 (YoY)

Trade 9.0% Total Merchandise Trade in Oct 2020 (YoY)

Prices 0.2% CPI in Oct 2020 (YoY)

Population 5.69m Total Population as at Jun 2020

Labour 3.61m Employment as at Sep 2020

Tourism 13,391 Visitor Arrivals in Oct 2020

Household Income 1.0% Real Growth in Median Household Income from Work in 2019

Marriages 25,434 Total Marriages in 2019

Fertility 1.14 Total Fertility Rate (Per Female) in 2019

Life Expectancy 83.6 yrs Life Expectancy at Birth in 2019

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Latest Highlights

economy

27 Nov 2020

The Import and Export Price indices fell 0.1% and 0.5% respectively in Oct 2020 over Sep 2020. The Singapore Manufactured Products and Domestic Supply Price Indices rose 0.5% and 0.3% respectively over the same period.

industry

27 Nov 2020

Business receipts of Singapore’s Services industries, excluding Wholesale & Retail Trade and Accommodation & Food Services, fell 9.5% in 3Q2020 compared to 3Q2019.

PDF (535KB)

industry

26 Nov 2020

Manufacturing output decreased 19.0% in Oct 2020 on a seasonally adjusted month-on-month basis.

economy

23 Nov 2020

CPI in Oct 2020 fell 0.4% from the previous month. It went down 0.2% from a year earlier.

economy

23 Nov 2020

Joint press release on “Consumer Price Developments in Oct 2020” by MAS and MTI.

economy

23 Nov 2020

The Singapore economy contracted by 5.8% on a year-on-year basis in 3Q2020. Real GDP growth is expected to be ‘-6.5% to -6.0%’ in 2020 and ‘+4.0% to +6.0%’ in 2021.

PDF (169KB)

industry

20 Nov 2020

Domestic wholesale sales fell 36.4% in 3Q2020 compared to 3Q2019. Excluding petroleum, domestic wholesale sales decreased 16.4%. Foreign wholesale sales contracted by 19.5% over the same period. Excluding petroleum, foreign sales dropped 5.6%.

PDF (521KB)

economy

17 Nov 2020

Household net worth grew by 6.9% on a year-on-year basis in 3Q 2020. The strengthening growth in household net worth is attributed to the faster growth in financial and residential property assets and a slower pace of decline in household liabilities.

trade and investment

17 Nov 2020

Non-oil domestic exports decreased 5.3% in Oct 2020 on a month-on-month seasonally adjusted basis, following the previous month’s 11.4% contraction.

economy

16 Nov 2020

3Q2020 Economic Survey of Singapore will be released on 23 Nov 2020 at 8.00 am.

PDF (114KB)

industry

05 Nov 2020

Retail sales decreased 10.8% in Sep 2020 compared to Sep 2019. Excluding motor vehicles, retail sales fell 12.7%. Sales of food & beverage services decreased 29.9% in Sep 2020 compared to Sep 2019.

PDF (609KB)

economy

30 Oct 2020

Employment (excluding Foreign Domestic Workers) contracted by 26,900 in 3Q2020, at a much slower pace than in 2Q2020.

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