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Data from World Bank. Forecasts by Sigmanomics Forecast Engine.
SingaporeSingapore GDP (current US$) climbed to 501,427,500,080.06 USD Billions in January 2023
World BankYearlyReleased January 2023
Singapore GDP (current US$) climbed to 501,427,500,080.06 USD Billions in January 2023, up 2,952,959,092.28 USD Billions from December's 498,474,540,987.78 USD Billions reading.
Latest Release
501427500080.06
Latest (2023)
498474540987.78
Previous
World Bank
Source
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| USD/SGD | ▼ Inverse | −0.50 | FOREX | Moves against | → View |
| AUD/USD | ▲ Direct | +0.35 | FOREX | Moves with | → View |
| EUR/USD | ▲ Direct | +0.30 | FOREX | Moves with | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Moves with | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
GDP (Current US$) (Singapore) was reported at 603,869,516,998.74 USD in December 2025. The reading rose from the previous value of 572,877,260,178.43 USD. This is classified as a high-impact indicator released on a yearly basis.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 562,642,846,140.31 USD, up from the prior three at 431,591,693,980.53 USD. In December readings over the past 3 years, GDP (Current US$) has averaged 562,642,846,140.31 USD.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with USD/SGD (Bullish SGD). A secondary relationship exists with AUD/USD, positively correlated (Watch).
Auto-generated from current model state · Refreshes on each release · Last update December 2025.
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GDP (current US$) - SG
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About GDP (current US$) — Singapore
DEFINITION
Singapore's GDP (Current US$) reached 603,869,516,998.738 in December 2025, surpassing the previous year's 572,877,260,178.427. This marks a clear expansion from December 2024 to December 2025, reflecting sustained economic growth. Market participants will monitor upcoming data for further confirmation of this positive trajectory. Updated 7/1/26
WHY THIS INDICATOR MATTERS
Aggregate growth figures anchor cyclical positioning across asset classes and inform fiscal and monetary policy debate. Surprises against consensus typically move rates and currencies on release. Released annually.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with USD/SGD (Bullish SGD, r=-0.50) — a useful reference for forex-focused traders.
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EXPECTED ZONE
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Economic Calendar - SG Events
| Friday, July 31, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 02:00 | SG | Bank Lending | 931.4 | 917.7 | 884.1 | 907.75 | Low |
| 02:30 | SG | Unemployment Rate | 2 | 2 | 2.1 | 2.05 | Low |
| 05:00 | SG | Business Confidence | 12 | 17 | 5 | 8.50 | Low |