Singapore Industrial Production Index Growth

1984 - 2024 | Monthly | % | CEIC Data

Key information about Singapore Industrial Production Index Growth

  • Singapore Industrial production rose 0.8 % YoY in Oct 2024, following an increase of 8.9 % YoY in the previous month.
  • Singapore Industrial production index growth rate YoY data is updated monthly, available from Jan 1984 to Oct 2024, with an average rate of 6.7 %.
  • The data reached an all-time high of 57.3 % in May 2010 and a record low of -32.5 % in Mar 2009.

CEIC calculates Industrial Production Index Growth from monthly Industrial Production Index. Singapore Economic Development Board provides Industrial Production Index with base 2019=100.

View Singapore's Industrial Production Index Growth from Jan 1984 to Oct 2024 in the chart:

Singapore Industrial Production Index Growth

What was Singapore's Industrial Production Index Growth in Oct 2024?

Singapore Industrial production rose 0.8 % YoY in Oct 2024, following an increase of 8.9 % YoY in the previous month. See the table below for more data.

Last Previous Min Max Unit Frequency Range
0.8 Oct 2024 8.9 Sep 2024 -32.5 Mar 2009 57.3 May 2010 % monthly Jan 1984 - Oct 2024

Industrial Production Index Growth by Country Comparison

country/region Last Frequency Range
Albania (%) -4.6 Sep 2024 quarterly Mar 2007 - Sep 2024
Algeria (%) 3.8 Jun 2024 quarterly Mar 1996 - Jun 2024
Argentina (2004=100) 125.3 Sep 2024 monthly Jan 2016 - Sep 2024
Armenia (%) 5.3 Oct 2024 monthly Jan 2008 - Oct 2024
Australia (%) 0.1 Jun 2024 quarterly Sep 1975 - Jun 2024
Austria (%) 1.1 Apr 2023 monthly Jan 1958 - Apr 2023
Azerbaijan (%) 11.0 Oct 2024 monthly Dec 2009 - Oct 2024
Bangladesh (%) 2.9 Sep 2024 monthly Jul 1974 - Sep 2024
Belarus (%) 6.2 Oct 2024 monthly Jan 2002 - Oct 2024
Belgium (%) -3.8 Apr 2023 monthly Jan 1956 - Apr 2023
Bolivia (%) -0.5 2019 yearly 1991 - 2019
Bosnia and Herzegovina (%) 0.4 Oct 2024 monthly Jan 2007 - Oct 2024
Brazil (%) 4.9 Sep 2024 monthly Jan 1986 - Sep 2024
Bulgaria (%) -10.8 Apr 2023 monthly Jan 2001 - Apr 2023
Canada (%) -0.4 Oct 2024 monthly Jan 1958 - Oct 2024
Chile (%) 1.2 Oct 2024 monthly Jan 2010 - Oct 2024
China (%) 5.3 Oct 2024 monthly Jan 1995 - Oct 2024
Colombia (%) -1.9 Aug 2024 monthly Jan 1981 - Aug 2024
Croatia (%) 0.4 May 2023 monthly Jan 1999 - May 2023
Cyprus (%) 2.3 Sep 2024 monthly Jan 2001 - Sep 2024
Czech Republic (%) 0.7 Sep 2024 monthly Jan 1999 - Sep 2024
Denmark (%) 11.3 Apr 2023 monthly Jan 2001 - Apr 2023
Ecuador (%) 30.3 Sep 2020 monthly Jan 2017 - Sep 2020
Egypt (%) 1.3 Oct 2024 monthly Aug 2004 - Oct 2024
Estonia (%) -15.1 Apr 2023 monthly Jan 1999 - Apr 2023
European Union (%) 0.6 Apr 2023 monthly Jan 1992 - Apr 2023
Finland (%) -2.4 Apr 2023 monthly Jan 1955 - Apr 2023
France (%) 2.6 May 2023 monthly Jan 1991 - May 2023
Georgia (%) 5.8 Jun 2024 quarterly Mar 2002 - Jun 2024
Germany (%) -2.5 Aug 2024 monthly Jan 1959 - Aug 2024
Greece (%) 4.2 Apr 2023 monthly Jan 1991 - Apr 2023
Hong Kong SAR, China (%) 0.6 Jun 2024 quarterly Mar 1983 - Jun 2024
Hungary (%) -4.6 May 2023 monthly Jan 1986 - May 2023
Iceland (%) 11.7 2018 yearly 2008 - 2018
India (%) 3.5 Oct 2024 monthly Apr 2006 - Oct 2024
Indonesia (%) 2.2 Sep 2024 monthly Jan 1999 - Sep 2024
Iran (%) 12.7 Mar 2017 monthly Jan 1958 - Mar 2017
Ireland (%) 27.4 Apr 2023 monthly Jul 1976 - Apr 2023
Israel (%) -0.3 Sep 2024 monthly Jan 2005 - Sep 2024
Italy (%) -7.0 Apr 2023 monthly Jan 1954 - Apr 2023
Ivory Coast (%) 2.8 Mar 2024 monthly Feb 2022 - Mar 2024
Japan (%) -0.3 Oct 2024 monthly Jan 1954 - Oct 2024
Jordan (%) 1.3 Aug 2024 monthly Jan 2003 - Aug 2024
Kazakhstan (%) -2.0 Oct 2024 monthly Feb 2001 - Oct 2024
Kenya (%) 2.8 2023 yearly 2002 - 2023
South Korea (%) 2.0 Oct 2024 monthly Jan 1958 - Oct 2024
Kuwait (%) -10.0 Mar 2017 monthly Jan 1966 - Mar 2017
Kyrgyzstan (%) -1.1 Nov 2024 monthly Jan 1999 - Nov 2024
Latvia (%) -8.7 May 2023 monthly Jan 2001 - May 2023
Lebanon (%) 10.6 2010 yearly 1998 - 2010
Lithuania (%) 2.7 Oct 2024 monthly Jan 1999 - Oct 2024
Luxembourg (%) -11.5 Aug 2024 monthly Jan 2011 - Aug 2024
Macau SAR, China (%) 10.5 Mar 2024 quarterly Mar 2001 - Mar 2024
North Macedonia (%) -7.9 Sep 2024 monthly Jan 2004 - Sep 2024
Malawi (%) 6.7 May 2024 monthly Jan 2014 - May 2024
Malaysia (%) 2.2 Sep 2024 monthly Jan 2011 - Sep 2024
Malta (%) 14.5 Apr 2023 monthly Jan 2001 - Apr 2023
Mauritius (%) -0.7 Dec 2021 quarterly Mar 2015 - Dec 2021
Mexico (%) -3.3 Oct 2024 monthly Jan 1981 - Oct 2024
Moldova (%) -3.3 Sep 2024 monthly Jan 2004 - Sep 2024
Mongolia (%) 105.6 May 2023 monthly Jan 2010 - May 2023
Montenegro (%) 46.4 Oct 2024 monthly Jan 2001 - Oct 2024
Morocco (%) 9.2 Sep 2024 quarterly Mar 1979 - Sep 2024
Mozambique (%) -2.1 Jun 2023 monthly Jun 2012 - Jun 2023
Nepal (%) 7.9 Jul 2018 quarterly Oct 2016 - Jul 2018
Netherlands (%) -12.4 Apr 2023 monthly Jan 2001 - Apr 2023
New Zealand (%) -3.7 Sep 2023 quarterly Jun 1978 - Sep 2023
Nigeria (%) 4.1 Jun 2024 quarterly Mar 2011 - Jun 2024
Norway (%) -5.1 Apr 2023 monthly Jan 1991 - Apr 2023
Oman (%) -1.9 Apr 2017 monthly Jul 1968 - Apr 2017
Pakistan (%) -0.2 Oct 2024 monthly May 1998 - Oct 2024
Palestinian Territory (%) -28.9 Aug 2024 monthly Jan 2012 - Aug 2024
Panama (%) 0.8 Dec 2021 monthly Jan 2004 - Dec 2021
Peru (%) 2.7 Sep 2024 monthly Jan 1994 - Sep 2024
Philippines (%) -6.3 Sep 2024 monthly Jan 2002 - Sep 2024
Poland (%) -2.4 May 2023 monthly Jan 1998 - May 2023
Portugal (%) -3.7 Jun 2023 monthly Jan 1996 - Jun 2023
Qatar (%) -11.2 Mar 2017 monthly Jan 1958 - Mar 2017
Romania (%) -4.7 Apr 2023 monthly Jan 2006 - Apr 2023
Russia (%) 4.8 Oct 2024 monthly Jan 2014 - Oct 2024
Saudi Arabia (%) -10.5 Dec 2023 monthly Jan 2019 - Dec 2023
Serbia (%) 0.6 May 2023 monthly Jan 2001 - May 2023
Singapore (%) 0.8 Oct 2024 monthly Jan 1984 - Oct 2024
Slovakia (%) -2.0 Apr 2023 monthly Jan 1999 - Apr 2023
Slovenia (%) -8.8 Apr 2023 monthly Dec 1992 - Apr 2023
South Africa (%) -0.1 Sep 2024 monthly Jan 1962 - Sep 2024
Spain (%) -0.1 May 2023 monthly Jan 1962 - May 2023
Sri Lanka (%) -8.2 Apr 2023 monthly Jan 2016 - Apr 2023
Sweden (%) 2.4 Apr 2023 monthly Jan 1981 - Apr 2023
Switzerland (%) -0.9 Sep 2024 monthly Oct 2010 - Sep 2024
Syria (%) -11.1 2022 yearly 1966 - 2022
Taiwan (%) 7.5 Oct 2024 monthly Jan 1997 - Oct 2024
Tajikistan (%) 15.3 Sep 2024 monthly Jan 2000 - Sep 2024
Thailand (%) -0.2 Oct 2024 monthly Jan 2012 - Oct 2024
Tunisia (%) 1.8 Jun 2024 monthly Jan 2001 - Jun 2024
Turkey (%) -0.9 Apr 2023 monthly Jan 1987 - Apr 2023
Ukraine (%) -0.3 Jun 2024 monthly Dec 2000 - Jun 2024
United Arab Emirates (%) 2.2 Mar 2017 monthly Jan 1975 - Mar 2017
United Kingdom (%) -1.8 Apr 2023 monthly Jan 1949 - Apr 2023
United States (%) -0.3 Oct 2024 monthly Jan 1920 - Oct 2024

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Singapore Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 2.1 Sep 2024 quarterly Mar 2012 - Sep 2024
Consolidated Fiscal Balance (USD mn) -2,430.664 Oct 2024 monthly Apr 2011 - Oct 2024
Tax Revenue (USD mn) 3,481.846 Oct 2024 monthly Aug 1987 - Oct 2024
Tax Revenue: % of GDP (%) 16.0 Sep 2024 quarterly Dec 1987 - Sep 2024
National Government Debt (USD mn) 962,571.7 Sep 2024 quarterly Mar 1990 - Sep 2024
Government Debt: % of GDP (%) 173.0 Sep 2024 quarterly Mar 1990 - Sep 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) -3,186.600 Oct 2024 monthly Apr 2011 - Oct 2024
Govt Revenue: Operating (SGD mn) 5,424.000 Oct 2024 monthly Jan 2003 - Oct 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 4.333 2029 yearly 1980 - 2029
Trade Balance (USD mn) 3,367.2 Oct 2024 monthly Jan 1976 - Oct 2024
Total Exports (USD mn) 40,670.3 Oct 2024 monthly Jan 1976 - Oct 2024
Total Exports Growth (%) -6.4 Oct 2024 monthly Jan 1977 - Oct 2024
Aluminum: Exports (USD th) 482,034.010 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 8,750,013.495 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 9,962,678.423 2023 yearly 1995 - 2023
Total Imports (USD mn) 37,303.1 Oct 2024 monthly Jan 1964 - Oct 2024
Total Imports Growth (%) -3.5 Oct 2024 monthly Jan 1965 - Oct 2024
Imports: Medicament (USD th) 2,018,410.885 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 2,453,494.459 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 3,585.000 Oct 2024 monthly Jan 1976 - Oct 2024
Total Imports from USA (USD mn) 4,638.467 Oct 2024 monthly Jan 1976 - Oct 2024
Total Exports to China (USD mn) 6,072.584 Oct 2024 monthly Jan 1975 - Oct 2024
Total Imports from China (USD mn) 4,630.753 Oct 2024 monthly Jan 1975 - Oct 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) 3,987.368 Oct 2024 monthly Jan 2003 - Oct 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) 12,847.4 Sep 2024 quarterly Mar 1995 - Sep 2024
Current Account Balance (USD mn) 25,888.7 Sep 2024 quarterly Mar 1986 - Sep 2024
Current Account Balance: % of GDP (%) 18.7 Sep 2024 quarterly Mar 1986 - Sep 2024
Foreign Direct Investment (USD mn) 35,607.5 Sep 2024 quarterly Mar 1995 - Sep 2024
Foreign Direct Investment: % of GDP (%) 25.7 Sep 2024 quarterly Mar 1995 - Sep 2024
Foreign Portfolio Investment (USD mn) 8,296.954 Sep 2024 quarterly Mar 1995 - Sep 2024
Foreign Portfolio Investment: % of GDP (%) 6.0 Sep 2024 quarterly Mar 1995 - Sep 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: Net Errors and Omissions (SGD mn) -1,077.000 Sep 2024 quarterly Mar 1986 - Sep 2024
BoP: FA: Others: Liabilities (SGD mn) 3,216.400 Sep 2024 quarterly Mar 1986 - Sep 2024
BoP: FA: Direct Investment: Liabilities (SGD mn) 46,960.300 Sep 2024 quarterly Mar 1995 - Sep 2024
BoP: Official Reserves (OR): Net (SGD mn) 17,336.400 Sep 2024 quarterly Mar 1986 - Sep 2024
BoP: FA: Direct Investment (SGD mn) -30,016.700 Sep 2024 quarterly Mar 1986 - Sep 2024
BoP: FA: Direct Investment: Assets (SGD mn) 16,943.600 Sep 2024 quarterly Mar 1995 - Sep 2024
BoP: CA: Goods: Exports (SGD mn) 193,025.400 Sep 2024 quarterly Mar 1986 - Sep 2024
BoP: FA: Financial Derivatives: Liabilities (SGD mn) 4,719.900 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: CA: Primary Income Balance: Receipts (SGD mn) 65,156.800 Sep 2024 quarterly Mar 1986 - Sep 2024
BoP: FA: Financial Derivatives (SGD mn) -6,050.000 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: CA: Primary Income Balance (SGD mn) -30,465.400 Sep 2024 quarterly Mar 1986 - Sep 2024
BoP: FA: Portfolio Inv: Liabilities (SGD mn) 10,942.300 Sep 2024 quarterly Mar 1995 - Sep 2024
BoP: CA: Goods: Imports (SGD mn) 140,498.600 Sep 2024 quarterly Mar 1986 - Sep 2024
BoP: CA: Services: Imports (SGD mn) 110,690.100 Sep 2024 quarterly Mar 1986 - Sep 2024
BoP: CA: Goods: Balance (SGD mn) 52,526.800 Sep 2024 quarterly Mar 1986 - Sep 2024
BoP: Financial Account (FA): Net (SGD mn) 15,729.500 Sep 2024 quarterly Mar 1986 - Sep 2024
BoP: CA: Secondary Income Balance (SGD mn) -1,862.500 Sep 2024 quarterly Mar 1986 - Sep 2024
BoP: FA: Financial Derivatives: Assets (SGD mn) -1,330.100 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: FA: Portfolio Inv: Assets (SGD mn) 43,788.900 Sep 2024 quarterly Mar 1995 - Sep 2024
BoP: FA: Others (SGD mn) 18,949.600 Sep 2024 quarterly Mar 1986 - Sep 2024
BoP: Current Account (CA) Balance (SGD mn) 34,142.900 Sep 2024 quarterly Mar 1986 - Sep 2024
BoP: FA: Others: Assets (SGD mn) 22,166.000 Sep 2024 quarterly Mar 1986 - Sep 2024
BoP: CA: Primary Income Balance: Payment (SGD mn) 95,622.200 Sep 2024 quarterly Mar 1986 - Sep 2024
BoP: CA: Services: Balance (SGD mn) 13,944.000 Sep 2024 quarterly Mar 1986 - Sep 2024
BoP: FA: Portfolio Investment (SGD mn) 32,846.600 Sep 2024 quarterly Mar 1986 - Sep 2024
BoP: CA: Services: Exports (SGD mn) 124,634.100 Sep 2024 quarterly Mar 1986 - Sep 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
Direct Investment Abroad: European Union (EU-27) (SGD mn) 196,949.200 2022 yearly 1994 - 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: 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
FDI: By Country: United Kingdom (SGD mn) 138,604.600 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
Business Entities (BE): Formation: Total (Number) 5,902.000 Nov 2024 monthly Jan 1970 - Nov 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 (%) 52.4 Sep 2024 quarterly Mar 1995 - Sep 2024
Non-Performing Loans (USD mn) 9,947.940 Dec 2019 quarterly Dec 2008 - Dec 2019
Money Supply M1 (USD mn) 361,054.618 Oct 2024 monthly Mar 2004 - Oct 2024
Money Supply M2 (USD mn) 1,014,287.131 Oct 2024 monthly Mar 2004 - Oct 2024
M2 Growth (%) 5.4 Oct 2024 monthly Mar 2005 - Oct 2024
Foreign Exchange Reserves (USD mn) 369,677.0 Oct 2024 monthly Apr 2000 - Oct 2024
Foreign Exchange Reserves: % of GDP (%) 70.512 Sep 2024 quarterly Jun 2000 - Sep 2024
Foreign Exchange Reserves: Months of Import (NA) 9.4 Oct 2024 monthly Apr 2000 - Oct 2024
Gold Reserves (USD mn) 6,412.300 Oct 2024 monthly Apr 2000 - Oct 2024
Total Deposits (USD mn) 1,410,874.376 Oct 2024 monthly Jan 1991 - Oct 2024
Total Deposits Growth (%) 7.6 Oct 2024 monthly Jan 1992 - Oct 2024
Domestic Credit (USD mn) 881,658.7 Oct 2024 monthly Mar 2004 - Oct 2024
Domestic Credit Growth (%) 4.5 Oct 2024 monthly Mar 2005 - Oct 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) 964,401.361 Oct 2024 monthly Mar 2004 - Oct 2024
Total Loans Growth (%) 1.47 Oct 2024 monthly Mar 2005 - Oct 2024
Private Debt: % of Nominal GDP (%) 127.40 Sep 2024 quarterly Mar 2004 - Sep 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: 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) 1.4 Nov 2024 monthly Jan 2000 - Nov 2024
Composite Leading Index: 2015=100 (2015=100) 109.300 Mar 2019 quarterly Mar 1978 - Mar 2019

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