Singapore GDP per capita: where it ranks, and how much reaches people

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Singapore and United States

• In US dollars, 2024: Singapore US$94,897, United States US$86,170. Singapore’s is 10% higher. Singapore first passed it in 2011, fell behind again, and has been ahead since 2021.
• Adjusted for prices (PPP), 2025: Singapore Int$163,354, United States Int$90,027. Singapore’s is 81% higher. Singapore first passed it in 1991 and has stayed ahead since.

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World Bank figures for every economy, Singapore’s included, so both sides are counted the same way; latest year 2024 (US$) and 2025 (PPP). “Passed” means a higher figure for the year.

Where Singapore ranks in the world

In US dollars Singapore ranked 8th of 200 economies in 2024, the latest year nearly every economy has reported. Five of those ahead of it have fewer than a million people: Monaco, Liechtenstein, Bermuda, Luxembourg and Cayman Islands. Among countries of a million people or more, Singapore was 3rd.

Isle of Man, ahead of Singapore in 2023, has no 2024 figure yet, so it isn’t counted.

Adjusted for prices (purchasing power parity, PPP), Singapore ranked 1st of 185 in 2025. The World Bank publishes no PPP figure for Monaco and Liechtenstein, which rank above it in US$. A dollar buys more in some places than others; PPP converts each economy at the rate that buys the same basket of goods and services.

In US dollars, 2024

Adjusted for prices (PPP), 2025

World Bank indicators NY.GDP.PCAP.CD (current US$) and NY.GDP.PCAP.PP.CD (current international $), updated 8 Oct 2026. Regional and income groups are left out. People: the World Bank’s latest population. Its figure for Singapore can differ slightly from SingStat’s.

From GDP per person to what people have

GDP per person is an average of everything produced, over everyone here. It isn’t what people earn. Here it is beside the figures that come closer to what reaches people. Each line is its own published figure, a year’s worth in S$, not a sum taken off the one above. The middle resident household has S$49,920 a person a year, 39% of GDP per person.

GDP and GNI per person: SingStat M015121. Wage: MOM’s median gross monthly income from work of full-time employed residents, with employer CPF. Household: SingStat’s median monthly household market income per household member, all resident households. Monthly figures times 12.

Divided by residents only? GDP can also be divided by residents only, citizens and permanent residents. For 2025 that gives S$187,781, 45% higher. We don’t lead with it: the 1.91 million non-residents living here, who include foreign workers, produce part of GDP, so leaving them out of the count overstates what each resident produces. This figure is our own sum, from SingStat’s GDP and population.

Singapore’s GDP per capita since 1960

In 1960 GDP per person was S$1,310 at that year’s prices; in 2025 it was S$129,194. After inflation it grew 2.4% a year on average over the ten years to 2025. It fell, after inflation, in 8 of the 65 years since 1961: 1964, 1985, 1998, 2001, 2008, 2009, 2020, 2023.

At each year’s prices In 2015 prices

Since 196020 years

Tap or hover on the chart to read a value.

S$0kS$20kS$40kS$60kS$80kS$100kS$120kS$140k

197019801990200020102020

GDP per person divides GDP by the total population in June, residents and non-residents. SingStat tables M015121 and M015891.

The year Singapore passed each country

Singapore’s GDP per person first passed the United States’ in US dollars in 2011, and has been ahead every year since 2021. Adjusted for prices, it passed it in 1991. The table gives the year Singapore first had the higher figure, and when it moved back and forth, the year it went ahead for good.

World Bank figures for both sides. US$ figures start in 1960 and PPP figures in 1990, so “ahead since 1990” means ahead in the first year with figures. The World Bank doesn’t cover Taiwan. Any other economy: compare.

Singapore against the United States since 1960

In 1960 Singapore’s GDP per person was 14% of the United States’ in US dollars. In 2024 it was 110%.

In US$ Adjusted for prices

Since 1960

Tap or hover on the chart to read a value.

0%50%100%150%200%

197019801990200020102020

Rank among the economies with a World Bank figure that year; the number reporting grew as countries were formed and data improved. “1m+ people”: economies of a million people or more that year.

Why the US$ figure jumps from year to year

The US$ figure moves for three reasons: the economy grows, prices change, and the Singapore dollar rises or falls against the US dollar. In 2025 GDP per person rose 4.2% in US$. Growth after inflation gave +3.8 points, prices −1.8 and the exchange rate +2.3; growth after inflation counted most. The Singapore dollar averaged S$1.307 to US$1, against S$1.336 the year before.

growth after inflation prices exchange rate

Points of the change in US$. Growth: GDP per person in 2015 prices. Prices: the GDP deflator (GDP at each year’s prices over GDP in 2015 prices). Exchange rate: S$ per person over US$ per person. The three multiply to the change; we share it out in proportion to each one’s logarithm, so they add up exactly before rounding (rounded, they can be 0.1 out). SingStat tables M015121 and M015891.

Why websites show different figures

Search for Singapore’s GDP per capita and you’ll see several numbers. They are all right; they answer different questions, or are for different years.

The IMF publishes its own figures too, including estimates for the current year before the year is over. Older articles quote older years: the figure has risen in most years, so an old article usually shows a smaller number.

GDP per capita, year by year

S$ and US$ per person at each year’s prices, SingStat. Real growth: GDP per person in 2015 prices on the year before. PPP: World Bank. Every year since 1960, with GNI per person, in the download.

More on this topic

Singapore in numbers

• Singapore population: how many people, and who they are
• Singapore’s fertility rate and births: the numbers, and what’s moving them
• Singapore GDP and GDP growth: the latest figures, and what the year needs

Questions people ask

The checks

The page tests SingStat’s figures against each other and against the World Bank’s every time it loads.

How we work this out

• Official: GDP and GNI per person in S$ and US$, at each year’s prices and in 2015 prices, are SingStat’s, read every morning. The median wage is MOM’s; household income per person is SingStat’s. Every economy’s US$ and PPP figure is the World Bank’s, read every Monday.
• Ours: the world ranks (from the World Bank’s figures, leaving out regional and income groups), the year Singapore passed each economy, the split of each year’s US$ change, and GDP divided by residents only.
• Ranking a year: we rank a year only once all but at most one of the economies that were ahead of Singapore the year before have reported for it. Late reporters are mostly small, rich places, so ranking without them would flatter Singapore. Any that are still missing are named.
• This page shows numbers, not advice. See our disclaimer, how we get our numbers and corrections.

Sources: Singapore Department of Statistics, Table Builder, read on 8 Nov 2026, used under its terms of use; Ministry of Manpower, via data.gov.sg; and the World Bank, World Development Indicators, read on 8 Nov 2026, under CC BY 4.0. Numbers.sg isn’t connected to or endorsed by the Singapore Government or the World Bank.

Changes to this page

1. 8 Nov 2026

   Singapore’s GDP per capita: the latest figure in S$ and US$, its world rank in US$ and adjusted for prices, a comparison with any country, the year Singapore passed each economy, why the US$ figure jumps, and how much of it reaches people. Singapore GDP per capita