Definitions

Data refer to the annual changes in value added per worker in chained (2015) dollars. The annual growth rate conveys the annual percentage change in real Gross Domestic Product (GDP) per employed person.

Concepts

Labour Productivity measures output per unit of labour input. Value added is generally used as the measure of output, while worker is the number of employed persons.
Analytical framework: The System of National Accounts (SNA) is used as the overall conceptual framework. Singapore has adopted the major recommendations of the 2008 SNA.

Computational Method

[A] Real GDP per employed person = (Real GDP) / (Total employment), where both the numerator and denominator should be based on the same calendar year.
[B] Annual growth rate of real GDP per worker in year t+1 is calculated using the following formula: [(G(t+1) - G(t)) / G(t)] x 100%,
where G(t+1) is real GDP per worker in year t+1; and G(t) is real GDP per worker in year t.

Disaggregation

-

Data Source

Singapore Department of Statistics (DOS)

Data Collection

GDP estimates are compiled using a wide range of data sources, including both administrative data and surveys. Income and expenditure statements of statutory boards and other companies are also used.

Time Period

1984 onwards

Frequency

Annual

SDG Global Metadata

Link to United Nations SDG global metadata

Indicator 8.2.1