Singapore Market Capitalization: % of GDP

1979 - 2023 | Yearly | % | CEIC Data

Key information about Singapore Market Capitalization: % of GDP

  • Singapore Market Capitalization accounted for 119.2 % of its Nominal GDP in Dec 2023, compared with a percentage of 120.8 % in the previous year
  • Singapore Market Capitalization: % Nominal GDP is updated yearly, available from Dec 1979 to Dec 2023
  • The data reached an all-time high of 322.0 % in Dec 1999 and a record low of 57.8 % in Dec 1985

CEIC calculates annual Market Capitalization as % of Nominal GDP from monthly Market Capitalization and annual Nominal GDP. The Monetary Authority of Singapore provides Market Capitalization in local currency. The Ministry of Trade and Industry provides Nominal GDP in local currency. Market Capitalization as % of Nominal GDP prior to 1999 is sourced from the World Bank.


Further information about Singapore Market Capitalization: % of GDP

  • In the latest reports, FTSE All Share recorded a monthly P/E ratio of 13.2 in Jun 2022
  • FTSE Strait Times closed at 3,336.6 points in May 2024

View Singapore's Market Capitalization: % of GDP from 1979 to 2023 in the chart:

Singapore Market Capitalization: % of GDP

What was Singapore's Market Capitalization: % of GDP in 2023?

Singapore Market Capitalization accounted for 119.2 % of its Nominal GDP in Dec 2023, compared with a percentage of 120.8 % in the previous year See the table below for more data.

Last Previous Min Max Unit Frequency Range
119.2 2023 120.8 2022 57.8 1985 322.0 1999 % yearly 1979 - 2023

Market Capitalization: % of GDP by Country Comparison

country/region Last Frequency Range
Algeria (%) 0.2 2023 yearly 1999 - 2023
Argentina (%) 34.7 2020 yearly 2004 - 2020
Armenia (%) 3.4 2023 yearly 2001 - 2023
Australia (%) 100.2 2023 yearly 1985 - 2023
Austria (%) 26.3 2023 yearly 2002 - 2023
Bahrain (%) 44.8 2023 yearly 2002 - 2023
Bangladesh (%) 7.2 2024 yearly 2006 - 2024
Belarus (%) 2.6 2016 yearly 2011 - 2016
Belgium (%) 108.4 2023 yearly 1975 - 2023
Bolivia (%) 16.4 2012 yearly 1994 - 2012
Bosnia and Herzegovina (%) 20.2 2022 yearly 2008 - 2022
Botswana (%) 18.2 2023 yearly 2003 - 2023
Brazil (%) 42.4 2022 yearly 1980 - 2022
Bulgaria (%) 8.4 2023 yearly 1999 - 2023
Canada (%) 143.8 2023 yearly 1977 - 2023
Chile (%) 58.1 2023 yearly 2003 - 2023
China (%) 61.3 2023 yearly 1995 - 2023
Colombia (%) 19.6 2023 yearly 2005 - 2023
Croatia (%) 30.0 2023 yearly 1994 - 2023
Cyprus (%) 12.2 2023 yearly 2004 - 2023
Czech Republic (%) 244.8 2023 yearly 1995 - 2023
Denmark (%) 174.8 2023 yearly 2006 - 2023
Ecuador (%) 7.0 2023 yearly 2000 - 2023
Egypt (%) 16.0 Aug 2024 monthly Jun 2004 - Aug 2024
Estonia (%) 13.2 2023 yearly 2000 - 2023
European Union (%) 54.4 2018 yearly 1975 - 2018
Finland (%) 95.7 2023 yearly 1992 - 2023
France (%) 127.9 2023 yearly 1975 - 2023
Georgia (%) 0.1 2016 yearly 2000 - 2016
Germany (%) 47.1 2023 yearly 1975 - 2023
Ghana (%) 8.8 2023 yearly 2008 - 2023
Greece (%) 38.8 2023 yearly 2008 - 2023
Hong Kong SAR, China (%) 1,039.2 2023 yearly 1985 - 2023
Hungary (%) 19.8 2023 yearly 2002 - 2023
Iceland (%) 61.0 2023 yearly 1994 - 2023
India (%) 123.3 2023 yearly 1993 - 2023
Indonesia (%) 55.8 2023 yearly 2010 - 2023
Iran (%) 61.6 2022 yearly 2005 - 2022
Ireland (%) 24.7 2022 yearly 1997 - 2022
Israel (%) 51.4 2023 yearly 2002 - 2023
Italy (%) 32.1 2022 yearly 1998 - 2022
Ivory Coast (%) 16.7 2023 yearly 1993 - 2023
Japan (%) 146.2 2023 yearly 1994 - 2023
Jordan (%) 46.8 2023 yearly 1978 - 2023
Kazakhstan (%) 20.3 2022 yearly 1998 - 2022
Kenya (%) 9.5 2023 yearly 2006 - 2023
South Korea (%) 106.5 2023 yearly 1997 - 2023
Kuwait (%) 80.1 2023 yearly 2000 - 2023
Kyrgyzstan (%) 7.6 2023 yearly 2009 - 2023
Latvia (%) 1.5 2023 yearly 2000 - 2023
Lebanon (%) 6.5 2021 yearly 2004 - 2021
Lithuania (%) 6.2 2023 yearly 1995 - 2023
Luxembourg (%) 62.3 2022 yearly 1975 - 2022
North Macedonia (%) 25.8 2023 yearly 2004 - 2023
Malawi (%) 40.7 Aug 2024 monthly Jan 2004 - Aug 2024
Malaysia (%) 92.9 2023 yearly 1981 - 2023
Malta (%) 22.6 2023 yearly 2002 - 2023
Mauritius (%) 38.9 2023 yearly 1999 - 2023
Mexico (%) 33.1 2023 yearly 1993 - 2023
Mongolia (%) 16.5 2023 yearly 1998 - 2023
Montenegro (%) 52.0 2023 yearly 2003 - 2023
Morocco (%) 42.8 2023 yearly 1992 - 2023
Mozambique (%) 13.7 2023 yearly 1999 - 2023
Nepal (%) 76.8 2024 yearly 2001 - 2024
Netherlands (%) 133.7 2023 yearly 1975 - 2023
New Zealand (%) 39.5 2022 yearly 1985 - 2022
Nigeria (%) 17.8 2023 yearly 1985 - 2023
Norway (%) 81.6 2023 yearly 1981 - 2023
Oman (%) 46.0 2023 yearly 2003 - 2023
Pakistan (%) 9.8 2024 yearly 2000 - 2024
Palestinian Territory (%) 26.6 2023 yearly 1999 - 2023
Panama (%) 20.4 2022 yearly 1993 - 2022
Paraguay (%) 3.5 1999 yearly 1996 - 1999
Peru (%) 65.8 2023 yearly 1992 - 2023
Philippines (%) 68.8 2023 yearly 1970 - 2023
Poland (%) 42.3 2023 yearly 2007 - 2023
Portugal (%) 36.1 2023 yearly 1997 - 2023
Qatar (%) 80.6 2023 yearly 1997 - 2023
Romania (%) 18.3 2023 yearly 1995 - 2023
Russia (%) 3.0 2023 yearly 1997 - 2023
Saudi Arabia (%) 281.2 2023 yearly 1996 - 2023
Serbia (%) 4.8 2023 yearly 2004 - 2023
Singapore (%) 119.2 2023 yearly 1979 - 2023
Slovakia (%) 1.5 2023 yearly 2001 - 2023
Slovenia (%) 14.3 2023 yearly 1997 - 2023
South Africa (%) 320.6 2022 yearly 1975 - 2022
Spain (%) 80.2 2023 yearly 1995 - 2023
Sri Lanka (%) 15.4 2023 yearly 1991 - 2023
Sudan (%) 0.9 2021 yearly 2002 - 2021
Sweden (%) 169.4 2023 yearly 2006 - 2023
Switzerland (%) 187.2 2023 yearly 2000 - 2023
Syria (%) 5.9 2022 yearly 2010 - 2022
Taiwan (%) 241.4 2023 yearly 1962 - 2023
Thailand (%) 104.4 2023 yearly 1975 - 2023
Tunisia (%) 16.2 2023 yearly 1995 - 2023
Turkey (%) 37.8 2023 yearly 1998 - 2023
Ukraine (%) 3.4 2018 yearly 2010 - 2018
United Arab Emirates (%) 190.5 2023 yearly 2002 - 2023
United Kingdom (%) 70.4 2023 yearly 1999 - 2023
United States (%) 156.5 2022 yearly 1975 - 2022

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Singapore Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 1.4 Jun 2024 quarterly Mar 2012 - Jun 2024
Consolidated Fiscal Balance (USD mn) 2,691.750 Sep 2024 monthly Apr 2011 - Sep 2024
Tax Revenue (USD mn) 5,961.951 Sep 2024 monthly Aug 1987 - Sep 2024
Tax Revenue: % of GDP (%) 16.7 Jun 2024 quarterly Dec 1987 - Jun 2024
National Government Debt (USD mn) 896,656.1 Jun 2024 quarterly Mar 1990 - Jun 2024
Government Debt: % of GDP (%) 174.1 Jun 2024 quarterly Mar 1990 - Jun 2024
Forecast: Government Expenditure (SGD bn) 146.244 2030 yearly 1991 - 2030
Forecast: Government Net Debt (SGD bn) 1,597.757 2030 yearly 1991 - 2030
Forecast: Government Revenue (SGD bn) 169.136 2030 yearly 1991 - 2030
Govt Finance: Cash Surplus / Deficit (SGD mn) 3,487.700 Sep 2024 monthly Apr 2011 - Sep 2024
Govt Revenue: Operating (SGD mn) 8,684.200 Sep 2024 monthly Jan 2003 - Sep 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 4.333 2029 yearly 1980 - 2029
Trade Balance (USD mn) 4,065.3 Sep 2024 monthly Jan 1976 - Sep 2024
Total Exports (USD mn) 42,232.0 Sep 2024 monthly Jan 1976 - Sep 2024
Total Exports Growth (%) 1.5 Sep 2024 monthly Jan 1977 - Sep 2024
Aluminum: Exports (USD th) 482,034.010 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 10,982,157.540 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 7,291,818.243 2022 yearly 1995 - 2022
Total Imports (USD mn) 38,166.8 Sep 2024 monthly Jan 1964 - Sep 2024
Total Imports Growth (%) 1.7 Sep 2024 monthly Jan 1965 - Sep 2024
Imports: Medicament (USD th) 2,207,048.295 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 2,625,676.303 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 3,559.778 Sep 2024 monthly Jan 1976 - Sep 2024
Total Imports from USA (USD mn) 4,988.350 Sep 2024 monthly Jan 1976 - Sep 2024
Total Exports to China (USD mn) 6,353.006 Sep 2024 monthly Jan 1975 - Sep 2024
Total Imports from China (USD mn) 4,412.089 Sep 2024 monthly Jan 1975 - Sep 2024
Re Exports: Non Oil (SGD mn) 22,035.26 May 2018 monthly Jan 1976 - May 2018
Domestic Exports: Non Oil (SGD mn) 17,289.94 May 2018 monthly Jan 1976 - May 2018
Exports: Non Oil (SGD mn) 40,168.70 Jul 2018 monthly Jan 1964 - Jul 2018
Exports: Indonesia (SGD mn) 4,090.511 Sep 2024 monthly Jan 2003 - Sep 2024
Export Value Index (2015=100) 130.084 2021 yearly 1980 - 2021
Import Value Index (2015=100) 136.736 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 13,258.1 Jun 2024 quarterly Mar 1995 - Jun 2024
Current Account Balance (USD mn) 25,549.4 Jun 2024 quarterly Mar 1986 - Jun 2024
Current Account Balance: % of GDP (%) 19.2 Jun 2024 quarterly Mar 1986 - Jun 2024
Foreign Direct Investment (USD mn) 40,879.3 Jun 2024 quarterly Mar 1995 - Jun 2024
Foreign Direct Investment: % of GDP (%) 30.7 Jun 2024 quarterly Mar 1995 - Jun 2024
Foreign Portfolio Investment (USD mn) 5,607.134 Jun 2024 quarterly Mar 1995 - Jun 2024
Foreign Portfolio Investment: % of GDP (%) 4.2 Jun 2024 quarterly Mar 1995 - Jun 2024
External Debt (USD mn) 2,011,208.2 Jun 2024 quarterly Jun 2003 - Jun 2024
External Debt: % of GDP (%) 391.1 2023 yearly 2003 - 2023
External Debt: Short Term (USD mn) 1,298,666.8 Jun 2024 quarterly Jun 2003 - Jun 2024
External Debt: Short Term: % of GDP (%) 254.2 2023 yearly 2003 - 2023
Forecast: Current Account Balance (USD bn) 95.944 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) 840,737.603 Jun 2024 quarterly Dec 2013 - Jun 2024
BoP: FA: Others: Liabilities (SGD mn) -12,645.100 Jun 2024 quarterly Mar 1986 - Jun 2024
BoP: Official Reserves (OR): Net (SGD mn) 6,285.500 Jun 2024 quarterly Mar 1986 - Jun 2024
BoP: Net Errors and Omissions (SGD mn) -1,166.900 Jun 2024 quarterly Mar 1986 - Jun 2024
BoP: FA: Direct Investment: Liabilities (SGD mn) 55,315.100 Jun 2024 quarterly Mar 1995 - Jun 2024
BoP: FA: Direct Investment (SGD mn) -37,375.100 Jun 2024 quarterly Mar 1986 - Jun 2024
BoP: CA: Goods: Exports (SGD mn) 192,260.000 Jun 2024 quarterly Mar 1986 - Jun 2024
BoP: FA: Direct Investment: Assets (SGD mn) 17,940.000 Jun 2024 quarterly Mar 1995 - Jun 2024
BoP: FA: Financial Derivatives: Liabilities (SGD mn) 246.000 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: CA: Primary Income Balance: Receipts (SGD mn) 65,089.700 Jun 2024 quarterly Mar 1986 - Jun 2024
BoP: CA: Primary Income Balance (SGD mn) -28,924.000 Jun 2024 quarterly Mar 1986 - Jun 2024
BoP: FA: Financial Derivatives (SGD mn) 1,176.400 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: FA: Portfolio Inv: Liabilities (SGD mn) 7,587.200 Jun 2024 quarterly Mar 1995 - Jun 2024
BoP: CA: Services: Imports (SGD mn) 106,708.400 Jun 2024 quarterly Mar 1986 - Jun 2024
BoP: CA: Goods: Balance (SGD mn) 51,818.900 Jun 2024 quarterly Mar 1986 - Jun 2024
BoP: CA: Goods: Imports (SGD mn) 140,441.100 Jun 2024 quarterly Mar 1986 - Jun 2024
BoP: CA: Secondary Income Balance (SGD mn) -1,971.900 Jun 2024 quarterly Mar 1986 - Jun 2024
BoP: Financial Account (FA): Net (SGD mn) 27,119.300 Jun 2024 quarterly Mar 1986 - Jun 2024
BoP: FA: Portfolio Inv: Assets (SGD mn) 45,871.400 Jun 2024 quarterly Mar 1995 - Jun 2024
BoP: FA: Others: Assets (SGD mn) 12,388.700 Jun 2024 quarterly Mar 1986 - Jun 2024
BoP: FA: Others (SGD mn) 25,033.800 Jun 2024 quarterly Mar 1986 - Jun 2024
BoP: Current Account (CA) Balance (SGD mn) 34,571.700 Jun 2024 quarterly Mar 1986 - Jun 2024
BoP: FA: Financial Derivatives: Assets (SGD mn) 1,422.400 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: CA: Primary Income Balance: Payment (SGD mn) 94,013.700 Jun 2024 quarterly Mar 1986 - Jun 2024
BoP: CA: Services: Exports (SGD mn) 120,357.100 Jun 2024 quarterly Mar 1986 - Jun 2024
BoP: FA: Portfolio Investment (SGD mn) 38,284.200 Jun 2024 quarterly Mar 1986 - Jun 2024
BoP: CA: Services: Balance (SGD mn) 13,648.700 Jun 2024 quarterly Mar 1986 - Jun 2024
BoP: FA: PI: Liabilities: Debt Securities (SGD mn) 1,256.600 2018 yearly 1988 - 2018
BoP: FA: PI: Liabilities: Equity & Investment Fund Shares (SGD mn) -5,728.600 2018 yearly 1988 - 2018
International Investment Position (IIP) (SGD mn) 1,108,209.700 Dec 2018 quarterly Dec 2013 - Dec 2018
External Debt: Gross: OL: DTC: Long Term (SGD mn) 176,484.200 Jun 2024 quarterly Jun 2003 - Jun 2024
External Debt: Gross: OL: DTC: Short Term (SGD mn) 1,424,878.600 Jun 2024 quarterly Jun 2003 - Jun 2024
External Debt: Gross (SGD mn) 2,725,589.400 Jun 2024 quarterly Jun 2003 - Jun 2024
External Debt: Gross: OL: OS: Short Term (SGD mn) 335,074.700 Jun 2024 quarterly Jun 2003 - Jun 2024
External Debt: Gross: OL: OS: Long Term (SGD mn) 302,795.900 Jun 2024 quarterly Jun 2003 - Jun 2024
Foreign Direct Investment (FDI): Total (SGD mn) 2,618,994.200 2022 yearly 1998 - 2022
FDI: By Industry: Manufacturing (SGD mn) 323,144.100 2022 yearly 1998 - 2022
FDI: By Industry: Financial & Insurance Services (SGD mn) 1,476,535.300 2022 yearly 1998 - 2022
FDI: By Industry: Professinal, Administrative & Support Services (SGD mn) 175,782.000 2022 yearly 1998 - 2022
FDI: By Industry: Wholesale & Retail Trade (SGD mn) 411,171.600 2022 yearly 1998 - 2022
FDI: By Country: United Kingdom (SGD mn) 138,604.600 2022 yearly 1998 - 2022
FDI: By Country: Switzerland (SGD mn) 80,150.900 2022 yearly 1998 - 2022
FDI: By Country: Netherlands (SGD mn) 70,409.500 2022 yearly 1998 - 2022
FDI: By Country: United States (SGD mn) 574,017.500 2022 yearly 1998 - 2022
FDI: By Country: Japan (SGD mn) 177,665.900 2022 yearly 1998 - 2022
Business Entities (BE): Formation: Total (Number) 5,896.000 Sep 2024 monthly Jan 1970 - Sep 2024
SG: BOP: Current Account: Personal Remittances: Received (USD mn) 0.000 2023 yearly 2005 - 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.3 Dec 2019 quarterly Dec 2008 - Dec 2019
Household Debt: % of GDP (%) 52.7 Jun 2024 quarterly Mar 1995 - Jun 2024
Non-Performing Loans (USD mn) 9,947.940 Dec 2019 quarterly Dec 2008 - Dec 2019
Money Supply M1 (USD mn) 370,780.607 Sep 2024 monthly Mar 2004 - Sep 2024
Money Supply M2 (USD mn) 1,033,462.978 Sep 2024 monthly Mar 2004 - Sep 2024
M2 Growth (%) 4.6 Sep 2024 monthly Mar 2005 - Sep 2024
Foreign Exchange Reserves (USD mn) 375,639.5 Sep 2024 monthly Apr 2000 - Sep 2024
Foreign Exchange Reserves: % of GDP (%) 69.048 Jun 2024 quarterly Jun 2000 - Jun 2024
Foreign Exchange Reserves: Months of Import (NA) 9.9 Sep 2024 monthly Apr 2000 - Sep 2024
Gold Reserves (USD mn) 6,380.500 Sep 2024 monthly Apr 2000 - Sep 2024
Total Deposits (USD mn) 1,437,262.489 Sep 2024 monthly Jan 1991 - Sep 2024
Total Deposits Growth (%) 10.0 Sep 2024 monthly Jan 1992 - Sep 2024
Domestic Credit (USD mn) 903,795.2 Sep 2024 monthly Mar 2004 - Sep 2024
Domestic Credit Growth (%) 3.7 Sep 2024 monthly Mar 2005 - Sep 2024
Credit to Households (USD bn) 236.805 Dec 2023 quarterly Mar 1991 - Dec 2023
Credit to Private Non-Financial Sector (USD bn) 897.411 Dec 2023 quarterly Dec 1963 - Dec 2023
Household Debt (USD mn) 290,266.3 Sep 2024 monthly Mar 2004 - Sep 2024
Total Loans (USD mn) 989,651.391 Sep 2024 monthly Mar 2004 - Sep 2024
Total Loans Growth (%) 0.81 Sep 2024 monthly Mar 2005 - Sep 2024
Private Debt: % of Nominal GDP (%) 128.51 Jun 2024 quarterly Mar 2004 - Jun 2024
ORA: Other Reserve Assets (USD mn) 472.40 Jul 2018 monthly Apr 2000 - Jul 2018
ORA: Gold Incl Gold Deposits and Gold Swapped (USD mn) 211.70 Jul 2018 monthly Apr 2000 - Jul 2018
DBU: Loans & Advances: Total, Including Bills Financing (SGD mn) 667,892.20 May 2018 monthly Jan 1980 - May 2018
DBU: Loans & Advances: CL: Housing & Bridging Loans (SGD mn) 203,114.90 May 2018 monthly Jan 1991 - May 2018
DBU: Loans & Advances: Consumer Loans (CL) (SGD mn) 264,859.50 May 2018 monthly Mar 2004 - May 2018
DBU: Loans & Advances: Loans to Businesses (LB) (SGD mn) 403,032.70 May 2018 monthly Mar 2004 - May 2018
DBU: Loans & Advances: LB: Professional & Private Individuals (SGD mn) 10,320.90 May 2018 monthly Jan 1991 - May 2018
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 1.2 Oct 2024 monthly Jan 2000 - Oct 2024
Composite Leading Index: 2015=100 (2015=100) 109.300 Mar 2019 quarterly Mar 1978 - Mar 2019

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