Value Added (Total Manufacturing) — Ratio of Value Added in Singapore
Singapore: Value Added (Total Manufacturing) — Ratio of Value Added was 607.22 in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Ratio of Value Added in Singapore, 1970–2023
Source: Food and Agriculture Organization of the United Nations.
Analysis
In 2023, value added (total manufacturing) — ratio of value added in Singapore stood at 607.22.
Compared with earlier readings it is down 18.3% on the previous year and up 18.3% over ten years.
Over the whole period, value added (total manufacturing) — ratio of value added in Singapore peaked at 743.52 in 2022 and was at its lowest, 6.81, in 1970.
Singapore ranks 2nd of 200 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Ratio of Value Added in Singapore, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 6.81 | — |
| 1971 | 7.2 | +5.7% |
| 1972 | 9.12 | +26.7% |
| 1973 | 9.31 | +2.2% |
| 1974 | 10.94 | +17.5% |
| 1975 | 9.95 | -9.1% |
| 1976 | 10.81 | +8.6% |
| 1977 | 11.35 | +5.0% |
| 1978 | 14.01 | +23.5% |
| 1979 | 16.3 | +16.3% |
| 1980 | 17.57 | +7.8% |
| 1981 | 17.6 | +0.2% |
| 1982 | 16.59 | -5.7% |
| 1983 | 18.21 | +9.8% |
| 1984 | 20 | +9.8% |
| 1985 | 21.84 | +9.2% |
| 1986 | 31.54 | +44.4% |
| 1987 | 43.75 | +38.7% |
| 1988 | 62.54 | +42.9% |
| 1989 | 71.09 | +13.7% |
| 1990 | 75.45 | +6.1% |
| 1991 | 101.82 | +34.9% |
| 1992 | 123.38 | +21.2% |
| 1993 | 141.63 | +14.8% |
| 1994 | 136.43 | -3.7% |
| 1995 | 165.57 | +21.4% |
| 1996 | 154.42 | -6.7% |
| 1997 | 166.66 | +7.9% |
| 1998 | 203.7 | +22.2% |
| 1999 | 205.41 | +0.8% |
| 2000 | 280.7 | +36.7% |
| 2001 | 284.07 | +1.2% |
| 2002 | 348.26 | +22.6% |
| 2003 | 405.1 | +16.3% |
| 2004 | 487.33 | +20.3% |
| 2005 | 491.87 | +0.9% |
| 2006 | 543.9 | +10.6% |
| 2007 | 555.72 | +2.2% |
| 2008 | 496.85 | -10.6% |
| 2009 | 498.27 | +0.3% |
| 2010 | 574.67 | +15.3% |
| 2011 | 565.85 | -1.5% |
| 2012 | 574.55 | +1.5% |
| 2013 | 513.11 | -10.7% |
| 2014 | 521.12 | +1.6% |
| 2015 | 554.66 | +6.4% |
| 2016 | 553.34 | -0.2% |
| 2017 | 602.85 | +8.9% |
| 2018 | 687.84 | +14.1% |
| 2019 | 601.57 | -12.5% |
| 2020 | 598.63 | -0.5% |
| 2021 | 660.16 | +10.3% |
| 2022 | 743.52 | +12.6% |
| 2023 | 607.22 | -18.3% |
Singapore compared with similar countries
- Singapore's 607.22 is above the median for high income countries, which is 5.6, 108.5× the median. (66 countries reporting)
- Singapore's 607.22 is above the median for East Asia & Pacific, which is 1.38, 441.4× the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.58 | 6.81 | 16.3 | 10 |
| 1980s | 32.07 | 16.59 | 71.09 | 10 |
| 1990s | 147.45 | 75.45 | 205.41 | 10 |
| 2000s | 439.21 | 280.7 | 555.72 | 10 |
| 2010s | 574.96 | 513.11 | 687.84 | 10 |
| 2020s | 652.38 | 598.63 | 743.52 | 4 |
Countries ranked near Singapore
- 1 San Marino 2,951 compare
- 2 Venezuela (Bolivarian Republic of) 3.88 compare
- 3 Liechtenstein 194.85 compare
- 3 Türkiye 3.17 compare
- 4 Aruba 120.92 compare
- 5 Bahrain 67.1 compare
- 5 Viet Nam 2 compare
More environment data for Singapore
- Historical exposure to drought — Land soil moisture anomaly -1.71 Percentage change (2025)
- Historical exposure to drought — Cropland soil moisture anomaly -0.9965 Percentage change (2025)
- Standard Deviation, annual growth rate 42.94 % change on previous year (1990)
- Standard Deviation 0.253 °C (1990)
- Temperature change 0.647 °C (1990)
- Cropland — Area, annual growth rate 0 % change on previous year (2024)
- Cropland — Area, per unit of GDP 0 1000 ha per US$ of GDP (2024)
- Cropland — Area, per capita 0 1000 ha per person (2024)
- Arable land — Area, annual growth rate 0 % change on previous year (2024)
- Arable land — Area, per unit of GDP 0 1000 ha per US$ of GDP (2024)
Frequently asked questions
- What is value added (total manufacturing) — ratio of value added in Singapore?
- Value added (total manufacturing) — ratio of value added in Singapore was 607.22 in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — ratio of value added recorded in Singapore?
- The highest recorded value was 743.52 in 2022.
- What is the lowest value added (total manufacturing) — ratio of value added recorded in Singapore?
- The lowest recorded value was 6.81 in 1970.
- How does Singapore rank for value added (total manufacturing) — ratio of value added?
- Singapore ranks 2nd out of 200 countries with data for 2023.
- Is value added (total manufacturing) — ratio of value added rising or falling in Singapore?
- Over the last ten years it is up 18.3%. The long-run trend across the full record is volatile.
- Where does this Singapore data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) — Ratio of Value Added (Agriculture, Forestry and Fishing) US$. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).