Singapore Forecast: Unemployment Rate
1980 - 2028 | Yearly | % | International Monetary Fund
Key information about Singapore Unemployment Rate Forecast
- Singapore Unemployment Rate is forecasted to be 2.100 % in Dec 2024 as reported by International Monetary Fund
- It records a decrease from the last reported number of 2.100 % in Dec 2023
- Looking ahead, Singapore Unemployment Rate is projected to stand at 2.000 % in Dec 2028
- The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Unemployment Rate
View Singapore's Forecast: Unemployment Rate from 1980 to 2028 in the chart:
What is Singapore's Forecast: Unemployment Rate in 2028?
Singapore Unemployment Rate is forecasted to be 2.100 % in Dec 2024 as reported by International Monetary Fund See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 2.000 2028 | 2.100 2027 | 1.425 1997 | 6.281 1982 | % | yearly | 1980 - 2028 |
Forecast: Unemployment Rate by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Afghanistan (%) | 0.000 | yearly | - |
| Albania (%) | 10.700 2029 | yearly | 1980 - 2029 |
| Algeria (%) | 11.383 2019 | yearly | 1980 - 2019 |
| Andorra (%) | 1.550 2029 | yearly | 2010 - 2029 |
| Angola (%) | 0.000 | yearly | - |
| Antigua and Barbuda (%) | 0.000 | yearly | - |
| Argentina (%) | 7.000 2029 | yearly | 1980 - 2029 |
| Armenia (%) | 14.000 2029 | yearly | 2001 - 2029 |
| Aruba (%) | 5.091 2026 | yearly | 1991 - 2026 |
| Australia (%) | 4.524 2029 | yearly | 1980 - 2029 |
| Austria (%) | 5.179 2028 | yearly | 1980 - 2028 |
| Azerbaijan (%) | 5.098 2029 | yearly | 2000 - 2029 |
| Bahamas (%) | 9.500 2029 | yearly | 1986 - 2029 |
| Bahrain (%) | 6.300 2023 | yearly | 2007 - 2023 |
| Bangladesh (%) | 0.000 | yearly | - |
| Barbados (%) | 7.677 2029 | yearly | 1981 - 2029 |
| Belarus (%) | 2.898 2029 | yearly | 1993 - 2029 |
| Belgium (%) | 5.700 2029 | yearly | 1980 - 2029 |
| Belize (%) | 3.400 2029 | yearly | 1990 - 2029 |
| Benin (%) | 0.000 | yearly | - |
| Bhutan (%) | 3.500 2023 | yearly | 2003 - 2023 |
| Bolivia (%) | 5.200 2029 | yearly | 2000 - 2029 |
| Bosnia and Herzegovina (%) | 13.200 2029 | yearly | 1995 - 2029 |
| Botswana (%) | 0.000 | yearly | - |
| Brazil (%) | 7.482 2029 | yearly | 1991 - 2029 |
| Brunei (%) | 4.900 2029 | yearly | 2011 - 2029 |
| Bulgaria (%) | 4.000 2029 | yearly | 1989 - 2029 |
| Burkina Faso (%) | 0.000 | yearly | - |
| Burundi (%) | 0.000 | yearly | - |
| Cambodia (%) | 0.000 | yearly | - |
| Cameroon (%) | 0.000 | yearly | - |
| Canada (%) | 5.960 2029 | yearly | 1980 - 2029 |
| Cape Verde (%) | 8.500 2029 | yearly | 1980 - 2029 |
| Central African Republic (%) | 0.000 | yearly | - |
| Chad (%) | 0.000 | yearly | - |
| Chile (%) | 7.500 2029 | yearly | 1980 - 2029 |
| China (%) | 5.100 2029 | yearly | 2017 - 2029 |
| Colombia (%) | 9.400 2029 | yearly | 1980 - 2029 |
| Comoros (%) | 0.000 | yearly | - |
| Congo (%) | 0.000 | yearly | - |
| Costa Rica (%) | 9.000 2026 | yearly | 1980 - 2026 |
| Croatia (%) | 5.466 2029 | yearly | 1991 - 2029 |
| Cyprus (%) | 4.979 2029 | yearly | 1982 - 2029 |
| Czech Republic (%) | 2.300 2028 | yearly | 1995 - 2028 |
| Democratic Republic of Congo (%) | 0.000 | yearly | - |
| Denmark (%) | 5.000 2028 | yearly | 1980 - 2028 |
| Djibouti (%) | 0.000 | yearly | - |
| Dominica (%) | 0.000 | yearly | - |
| Dominican Republic (%) | 6.000 2029 | yearly | 1991 - 2029 |
| Ecuador (%) | 3.500 2029 | yearly | 1988 - 2029 |
| Egypt (%) | 5.502 2029 | yearly | 1990 - 2029 |
| El Salvador (%) | 5.216 2029 | yearly | 1988 - 2029 |
| Equatorial Guinea (%) | 0.000 | yearly | - |
| Eritrea (%) | 0.000 | yearly | - |
| Estonia (%) | 6.508 2029 | yearly | 1993 - 2029 |
| Swaziland (%) | 25.000 2016 | yearly | 1995 - 2016 |
| Ethiopia (%) | 0.000 | yearly | - |
| Fiji (%) | 4.500 2029 | yearly | 1986 - 2029 |
| Finland (%) | 7.100 2028 | yearly | 1980 - 2028 |
| France (%) | 6.663 2028 | yearly | 1980 - 2028 |
| Gabon (%) | 0.000 | yearly | - |
| Gambia (%) | 0.000 | yearly | - |
| Georgia (%) | 14.500 2029 | yearly | 1996 - 2029 |
| Germany (%) | 2.963 2028 | yearly | 1980 - 2028 |
| Ghana (%) | 0.000 | yearly | - |
| Greece (%) | 9.000 2028 | yearly | 1980 - 2028 |
| Grenada (%) | 0.000 | yearly | - |
| Guatemala (%) | 0.000 | yearly | - |
| Guinea (%) | 0.000 | yearly | - |
| Guinea-Bissau (%) | 0.000 | yearly | - |
| Guyana (%) | 0.000 | yearly | - |
| Haiti (%) | 0.000 | yearly | - |
| Honduras (%) | 8.000 2029 | yearly | 1980 - 2029 |
| Hong Kong SAR, China (%) | 2.669 2029 | yearly | 1980 - 2029 |
| Hungary (%) | 3.689 2029 | yearly | 1980 - 2029 |
| Iceland (%) | 4.000 2029 | yearly | 1980 - 2029 |
| India (%) | 0.000 | yearly | - |
| Indonesia (%) | 5.100 2029 | yearly | 1984 - 2029 |
| Iran (%) | 9.000 2029 | yearly | 1990 - 2029 |
| Iraq (%) | 0.000 | yearly | - |
| Ireland (%) | 4.507 2028 | yearly | 1985 - 2028 |
| Israel (%) | 3.900 2029 | yearly | 1980 - 2029 |
| Italy (%) | 8.250 2028 | yearly | 1980 - 2028 |
| Ivory Coast (%) | 0.000 | yearly | - |
| Jamaica (%) | 4.400 2023 | yearly | 1980 - 2023 |
| Japan (%) | 2.300 2028 | yearly | 1980 - 2028 |
| Jordan (%) | 21.975 2023 | yearly | 1984 - 2023 |
| Kazakhstan (%) | 4.775 2029 | yearly | 1994 - 2029 |
| Kenya (%) | 0.000 | yearly | - |
| Kiribati (%) | 0.000 | yearly | - |
| South Korea (%) | 3.000 2029 | yearly | 1980 - 2029 |
| Kosovo (%) | 10.875 2023 | yearly | 2012 - 2023 |
| Kuwait (%) | 2.200 2028 | yearly | 2002 - 2028 |
| Kyrgyzstan (%) | 9.014 2029 | yearly | 1994 - 2029 |
| Laos (%) | 0.000 | yearly | - |
| Latvia (%) | 6.286 2029 | yearly | 1992 - 2029 |
| Lebanon (%) | 0.000 | yearly | - |
| Lesotho (%) | 0.000 2015 | yearly | 2000 - 2015 |
| Liberia (%) | 0.000 | yearly | - |
| Libya (%) | 0.000 | yearly | - |
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| 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: Net Errors and Omissions (SGD mn) | -1,166.900 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: Financial Derivatives: Liabilities (SGD mn) | 246.000 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: Financial Account (FA): Net (SGD mn) | 27,119.300 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: FA: Financial Derivatives: Assets (SGD mn) | 1,422.400 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| BoP: CA: Services: Exports (SGD mn) | 120,357.100 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: FA: Direct Investment (SGD mn) | -37,375.100 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: CA: Primary Income Balance (SGD mn) | -28,924.000 Jun 2024 | quarterly | Mar 1986 - Jun 2024 |
| BoP: FA: Others: Assets (SGD mn) | 12,388.700 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: Portfolio Inv: Assets (SGD mn) | 45,871.400 Jun 2024 | quarterly | Mar 1995 - 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: CA: Services: Balance (SGD mn) | 13,648.700 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: Imports (SGD mn) | 106,708.400 Jun 2024 | quarterly | Mar 1986 - Jun 2024 |
| BoP: CA: Primary Income Balance: Receipts (SGD mn) | 65,089.700 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: Direct Investment: Assets (SGD mn) | 17,940.000 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| BoP: CA: Primary Income Balance: Payment (SGD mn) | 94,013.700 Jun 2024 | quarterly | Mar 1986 - Jun 2024 |
| BoP: FA: PI: Liabilities: Equity & Investment Fund Shares (SGD mn) | -5,728.600 2018 | yearly | 1988 - 2018 |
| BoP: FA: PI: Liabilities: Debt Securities (SGD mn) | 1,256.600 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: 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 |
| External Debt: Gross: OL: DTC: Long Term (SGD mn) | 176,484.200 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: DTC: Short Term (SGD mn) | 1,424,878.600 Jun 2024 | quarterly | Jun 2003 - Jun 2024 |
| 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: Manufacturing (SGD mn) | 323,144.100 2022 | yearly | 1998 - 2022 |
| FDI: By Industry: Wholesale & Retail Trade (SGD mn) | 411,171.600 2022 | yearly | 1998 - 2022 |
| Foreign Direct Investment (FDI): Total (SGD mn) | 2,618,994.200 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 |
| FDI: By Country: United Kingdom (SGD mn) | 138,604.600 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: Gold Incl Gold Deposits and Gold Swapped (USD mn) | 211.70 Jul 2018 | monthly | Apr 2000 - Jul 2018 |
| ORA: Other Reserve Assets (USD mn) | 472.40 Jul 2018 | monthly | Apr 2000 - Jul 2018 |
| DBU: Loans & Advances: Consumer Loans (CL) (SGD mn) | 264,859.50 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 |
| DBU: Loans & Advances: Loans to Businesses (LB) (SGD mn) | 403,032.70 May 2018 | monthly | Mar 2004 - May 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 |
| 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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