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Annual Survey of Services

The Annual Survey of Services collects information on the performance of establishments engaged in Wholesale Trade, Retail Trade, Transportation & Storage, Accommodation & Food Services, Information & Communications, Real Estate, Professional Services, Administrative & Support Services and Community & Personal Services. Establishments engaged in Finance & Insurance Services and Public Administration Activities are excluded. Individual self-employed persons who are not registered with the Accounting and Corporate Regulatory Authority (ACRA), such as taxi drivers, hawkers and stallholders, independent artistes are also excluded.

Data

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Annual Service Statistics - All Services Industries

Title : Key Indicators By Industry Group In All Services Industries, Annual

Data Items

2015
2016
2017
2018
2019
2020
2021
2022

Establishments, Total Services Sector

(Number)

185,593
192,790
196,147
202,367
213,290
221,110
226,721
234,114

Operating Revenue, Total Services Sector

(Million Dollars)

2,716,500.7
2,622,173.1
3,142,919.6
3,650,732
3,659,984.6
3,333,841.3
4,482,144.4
5,420,154

Operating Expenditure, Total Services Sector

(Million Dollars)

2,645,278.3
2,545,229.7
3,059,514.2
3,558,586.8
3,566,321.1
3,253,400.1
4,341,961.3
5,213,921

Gross Operating Surplus, Total Services Sector

(Million Dollars)

103,164.7
110,456.9
119,452.1
129,216.5
129,852
120,872.8
181,757
251,086.3

Value Added, Total Services Sector

(Million Dollars)

205,110.3
218,454.7
233,820.1
247,234.3
252,246.8
234,885.5
308,238
395,303.4
SOURCE : SINGAPORE DEPARTMENT OF STATISTICS

Visualising Data

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Retail Sales and Food & Beverage Services Indices

The Retail Sales Index (RSI) and Food & Beverage Services Index (FSI) measure the short-term performance of the retail trade and food & beverage (F&B) services industries based on the sales records of retail trade and F&B services establishments respectively. The base year for the indices is 2017.

The RSI and FSI are available at current prices and in chained volume terms. The indices at current prices measure the change in sales values which can result from changes in both price and quantity, while the indices in chained volume terms measure the changes in the volume of economic activity by removing the price effect.

Data

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Retail Sales Index and Online Retail Sales

You may also benchmark your firm's financial performance against other Retail Trade Industry peers here.

You may also benchmark your firm's financial performance against other Food & Beverage Services peers here.

Please refer to the Data for Businesses page for customer profile and industry profile and more insights on the services industries.

Wholesale Trade Index

The Wholesale Trade Index (WTI) measures the short-term performance of the wholesale trade industry based on the sales records of wholesale establishments. The index series consist of the Domestic WTI and Foreign WTI. The Domestic WTI measures the trend of wholesale sales in Singapore. The Foreign WTI measures the trend of wholesale sales outside Singapore, comprising sales of off-shore merchandise, domestic exports, re-exports and transhipment cargo. The base year for the indices is 2017.

The Domestic WTI and Foreign WTI are available at current prices and in chained volume terms. The indices at current prices measure the change in sales value which can result from changes in both price and quantity, while the indices in chained volume terms measure the changes in the volume of economic activity by removing the price effect.

Data

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You may also benchmark your firm's financial performance against other Wholesale Trade Industry peers here.

Business Receipts Index

The Business Receipts Index (BRI) measures the short-term performance of the services industries (excluding Wholesale Trade, Retail Trade and Accommodation & Food Services) based on the operating revenue of services establishments. The base year for the index is 2014. The BRI is available at current prices which measures the change in operating revenue which can result from changes in both price and quantity.

Data

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Definitions

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Other References

The Services Sector
Technical Notes for Singapore Services Sector View
The Services Sector (E-Commerce)
E-commerce Revenue of the Services Sector View
Retail Sales Index
Re-basing of the Retail Sales and Food & Beverage Services Indices (2017=100) View
Wholesale Trade Index
Re-Basing of the Wholesale Trade Index (2017=100) View