Manufacturing

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Census of Manufacturing Activities

A census of manufacturing establishments is conducted annually by the Research and Statistics Unit of the Economic Development Board (EDB). The activities covered in the census include manufacturing and industrial servicing. They are classified according to the Singapore Standard Industrial Classification 2020. The reference period is the calendar year, except for those establishments whose financial years do not coincide with the calendar year. The results provide comprehensive data for the study of the structure and trends of the manufacturing sector.

Index of Industrial Production

The index of industrial production covers all manufacturing activities classified under Section C of the Singapore Standard Industrial Classification 2020. The indices published are at the 2-digit industry division and total manufacturing levels.

The reference year for the index of industrial production is 2019. The value-added weighting pattern is updated annually based on data from the Census of Manufacturing Activities. The weighting pattern reflects the relative importance of the industry divisions and changing structure within the manufacturing sector. The Laspeyres’ annual chain link formula is used for the compilation of the index.

Unit Business Cost Index

The Unit Business Cost Index (UBCI) is compiled by the Singapore Department of Statistics. It measures the relative business cost of producing one unit of real manufacturing output with respect to the base year. The main components of business cost are labour cost, services cost, as well as non-labour production taxes. The UBCI is compiled based on the benchmark on business cost from the Census of Manufacturing Activities (CMA) and extrapolated using data from the Monthly Survey of Manufacturing Activities (MMA).

Data

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Key Indicators

Items	Unit	Latest Period	Latest Data	% Change (Y-o-Y) 1/	Previous Period Data	% Change (Y-o-Y) 2/
Manufacturing
Industrial Production Index (2019=100)		Aug-23	108.6	-12.1	121.1	-1.1
Total Output 3/ 4/ 5/	S$m	2022	465,435	18.0	394,502	25.9
Value Added 4/	S$m	2022	134,520	16.6	115,341	29.7
Employment 4/	'000	2022	358.4	2.3	350.4	-5.3
Remuneration 4/	S$m	2022	24,434	6.1	23,030	3.7
Change in Unit Labour Cost of Manufacturing	%	2022	76.7	9.6	70.0	0.4

Data are preliminary when first released.
1 Refers to % change in latest period over the same period in the previous year.
2 Refers to % change in the previous period over the same period in the previous year.
3 Classified according to Singapore Standard Industrial Classification (SSIC) 2020.
4 Refers to all manufacturing establishments.
5 Includes manufacturing output and other operating income.

Index of Industrial Production

Title : Index Of Industrial Production (2019 = 100), Annual

Index

Data Items	2015	2016	2017	2018	2019	2020	2021	2022
Total	82.812	85.876	94.813	101.477	100	107.531	121.837	125.126
Food, Beverage & Tobacco	85.914	89.066	94.815	97.729	100.002	91.643	87.295	100.018
Textiles	146.423	135.347	124.337	114.458	100	52.223	30.328	16.902
Wearing Apparel	48.396	40.362	42.696	40.023	100	118.936	164.799	231.491
Leather Products	152.368	135.376	120.43	112.254	100	58.813	92.76	98.757
Wood And Of Products Of Wood And Cork	130.82	124.223	121.471	112.518	100	85.479	127.794	153.776
Paper & Paper Products	97.161	94.579	93.489	100.102	100	96.279	100.308	101.67
Printing And Reproduction Of Recorded Media	165.972	141.163	121.383	110.64	100	84.482	76.528	80.6
Refined Petroleum Products	93.308	97.247	105.888	105.41	100	83.527	86.039	92.514
Chemicals & Chemical Products	91.992	90.94	96.874	101.769	100	100.551	110.171	101.579
Pharmaceuticals And Biological Products	85.334	97.068	83.22	89.665	100	130.684	145.311	130.301
Rubber & Plastic Products	108.572	99.249	101.684	100.097	100	98.799	116.907	122.488
Non-Metallic Mineral Products	163.602	146.901	119.049	104.811	100	64.019	95.852	96.463
Basic Metals	116.958	124.24	126.654	110.925	100	97.569	111.221	108.901
Fabricated Metal Products	110.193	103.341	100.601	100.785	100	91.364	110.296	117.574
Computer, Electronic & Optical Products	64.623	73.738	98.036	106.041	100	111.131	126.717	129.185
Electrical Equipment	75.898	77.026	84.779	95.087	100	90.385	106.859	116.053
Machinery & Equipment	113.825	91.931	97.986	111.927	100	109.581	136.465	152.909
Motor Vehicles, Trailers And Semi-Trailers	90.66	95.475	113.584	109.725	100	87.316	97.715	103.815
Other Transport Equipment	94.737	95.666	94.063	96.958	100	75.676	88.96	108.155
Furniture	170.19	161.567	115.75	108.69	100	65.015	93.595	113.536
Other Manufacturing Industries	69.448	76.676	84.241	92.856	100	109.561	117.956	122.693

SOURCE : ECONOMIC DEVELOPMENT BOARD

Footnotes

The industries are classified according to Singapore Standard Industrial Classification (SSIC) 2020.

Index Of Industrial Production (Base Year 2019 = 100), Annual

Principal Manufacturing Statistics

Title : Principal Statistics Of Manufacturing, (Excluding Rubber Processing And Granite Quarrying), Annual

Data Items	2015	2016	2017	2018	2019	2020	2021	2022
Establishments (Number)	8,778	8,988	9,096	8,788	9,017	9,175	9,540	Na
Workers (Number)	403,286	388,791	386,096	381,872	379,499	370,111	350,385	358,366
Manufacturing Output (Thousand Dollars)	271,120,094	259,495,928	305,741,733	344,416,710	324,947,659	300,540,821	380,220,516	447,531,611
Materials (Thousand Dollars)	145,057,380	129,439,816	154,772,442	175,057,913	169,160,186	149,028,522	192,573,751	230,352,785
Remuneration (Thousand Dollars)	21,678,032	21,188,974	21,654,399	21,827,870	22,616,800	22,199,667	23,030,172	24,434,217
Other Operating Costs (Thousand Dollars)	70,632,297	74,049,696	88,284,400	90,273,354	76,069,395	75,479,242	86,586,884	Na
Value Added (Thousand Dollars)	69,001,493	70,043,650	79,060,886	99,540,803	92,570,365	88,900,968	115,341,094	134,520,463
Net Operating Surplus (Thousand Dollars)	38,212,592	39,171,912	48,500,203	68,367,344	59,345,814	56,011,131	81,284,124	Na
Sales (Thousand Dollars)	271,842,624	259,132,522	305,132,093	343,536,494	325,215,627	300,006,157	377,472,257	Na
Direct Exports (Thousand Dollars)	183,295,216	178,612,922	213,656,225	239,350,145	227,724,657	223,488,218	278,208,514	Na
Net Fixed Assets At End Of Year (Thousand Dollars)	66,538,383	68,632,792	72,987,314	73,106,607	80,685,035	81,102,393	81,213,492	Na
Gross Fixed Assets At End Of Year (Thousand Dollars)	172,563,488	179,131,694	188,729,523	193,955,305	210,092,054	219,654,925	225,700,758	Na
Total Output * Refers to manufacturing output and other operating income. (Thousand Dollars)	284,691,170	273,533,162	322,117,728	364,872,070	337,799,947	313,408,732	394,501,728	465,435,332

SOURCE : ECONOMIC DEVELOPMENT BOARD

Footnotes

From 2002, figures include data gathered from all manufacturing establishments. Prior to 2002, data refer to establishments engaging 10 or more workers. Valuation of output has been changed to basic price. Historical manufacturing output, total output, operating cost, sales and direct exports have been revised accordingly from 1980. The values of fixed assets are at end of year. Year 2022 data are preliminary estimates.

Principal Statistics Of Manufacturing, (Excluding Rubber Processing And Granite Quarrying), Annual

Selected Averages And Ratios In The Manufacturing Sector, (Excluding Rubber Processing And Granite Quarrying), Annual

Manufacturing Establishments By Industry, Annual

Manufacturing Output In Manufacturing By Industry, Annual

Total Output In Manufacturing By Industry, Annual

Value Added Of Manufacturing Establishments By Industry, Annual

Workers In Manufacturing By Industry, Annual

Remuneration In Manufacturing By Industry, Annual

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