singapore industry sector breakdown

singapore industry sector breakdown

Since the country’s independence in 1965, manufacturing continues to be a key industry for Singapore. Download Data Chart. Download SingStat Mobile App for fast, free and easy access to Singapore official statistics and key ASEAN statistics! According to the Minister of Trade and Industry of singapore, Mr. Lim Hng Kiang, "Singapore is investing heavily in our technology infrastructure, and working with companies to establish new innovation centres to develop new products that serve the Asian and global markets”. In 2018, agriculture contributed around 0.02 percent to the GDP of Singapore, 25.2 percent came from the industry and 69.38 percent from the services sector.

The Singapore Department of Statistics has adopted the Singapore Standard Industrial Classification (SSIC) 2015 (Version 2018) in the National Accounts. Download from the SingStat Table Builder over 1,800 data tables from 60 public sector …

Infocomm Ranked 2nd in the world and 1st in Asia as most … Industry Highlights Keep up with the latest industry news and developments. The Singapore Department of Statistics has implemented . Singapore’s largest industry by far is the manufacturing sector, which contributes 20%-25% of the country’s annual GDP. Gross Domestic Product (GDP) refers to the aggregate value of the goods and services produced within the economic territory of Singapore.

30 April 2020 Business Expectations of the Manufacturing Sector (Business Sentiments for Apr - Sep 2020) View More. Industry This infographic series presents the latest survey findings on the performance of key services industries, and of the services sector as a whole. With industrial parks serving different clusters across the island, find out more about how we bring the world to our city. 4 Refers to all manufacturing establishments. SSIC 2015 in the National Accounts. Food & Beverage From gastronomic experiences to first-in-the-market products, Singapore offers a vibrant F&B sector. Key industry clusters in Singapore’s manufacturing include electronics, chemicals, biomedical sciences, logistics and transport engineering. 3 Classified according to Singapore Standard Industrial Classification (SSIC) 2015. Close to 70% of nominal value added was generated by the services industries, while about 25% was generated by the goods-producing industries. In 2010, industry was responsible for 27.2 percent of Singapore’s GDP. Latest Data Publications and Methodology Visualising Data Related Info External Sources. Here are tips to help you better interact with the data: Facebook; Twitter; Google Plus; Email Released on: 8 May 2020 If you are unable to view the contents, press F5 to refresh the page. As such, after two years of negative industrial production growth due to the global financial crisis, Singapore’s industrial production growth rate for 2010 was the third highest in the world at 25 percent – behind Qatar and Taiwan.

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