View the Moody's Analytics Global Forecast. The global economy will slow in 2023, but recession odds have receded slightly. China’s reopening, a mild European winter, and a resilient U.S. labour market are reasons for optimism. The assumption that the global wave of monetary policy tightening being near its end is predicated on inflation continuing to cool over 2023; risks of reaccelerating inflation are nontrivial. The global economy will...
GDP | Reference | Last | Previous | Units | Frequency |
---|---|---|---|---|---|
Real Gross Domestic Product | 2022 Q4 | 131,266 | 128,939 | Mil. Ch. 2015 SGD, NSA | Quarterly |
Private Consumption | 2022 Q3 | 47,750 | 47,562 | Mil. SGD, NSA | Quarterly |
Real Private Consumption | 2022 Q3 | 45,038 | 45,373 | Mil. Ch. 2015 SGD, NSA | Quarterly |
Nominal Gross Domestic Product | 2022 Q3 | 148,024 | 147,178 | Mil. SGD, NSA | Quarterly |
Nominal Fixed Investment (gross fixed capital formation) | 2022 Q3 | 34,929 | 33,238 | Mil. SGD, NSA | Quarterly |
Real Investment | 2022 Q3 | 30,391 | 31,811 | Mil. Ch. 2015 SGD, NSA | Quarterly |
Real Fixed Investment (gross fixed capital formation) | 2022 Q3 | 31,721 | 30,784 | Mil. Ch. 2015 SGD, NSA | Quarterly |
Investment | 2021 | 123,614,700,000 | 100,145,900,000 | SGD | Annual |
Price | Reference | Last | Previous | Units | Frequency |
Producer Price Index (PPI) | Dec 2022 | 108.53 | 112.37 | Index 2018=100, NSA | Monthly |
Consumer Price Index (CPI) | Dec 2022 | 111.19 | 110.96 | Index 2019=100, NSA | Monthly |
Labor | Reference | Last | Previous | Units | Frequency |
Unemployment | 2022 Q4 | 67.6 | 76.7 | Ths. #, NSA | Quarterly |
Wage & Salaries | 2022 Q3 | 5,796 | 5,847 | SGD, NSA | Quarterly |
Unemployment Rate | 2022 Q3 | 2 | 2.1 | %, SA | Quarterly |
Labor Force Employment | 30 Jun 2022 | 3,656 | 3,483 | Ths. # | 365 days |
Labor Force | 30 Jun 2022 | 3,754 | 3,607 | Ths. # | 365 days |
Secondary Industries Employment | 2021 | 449.2 | 450.8 | Ths. # EOP | Annual |
Tertiary Industries Employment | 2021 | 2,759 | 2,722 | Ths. # EOP | Annual |
Agriculture Employment | 2017 | 3,887 | 3,851 | # | Annual |
Total Employment | 2017 | 3,669 | 3,673 | Ths. #, End | Annual |
Trade | Reference | Last | Previous | Units | Frequency |
Imports of Goods | 2022 Q3 | 164,222 | 161,049 | Mil. SGD, NSA | Quarterly |
Balance of Goods | 2022 Q3 | 44,000 | 45,299 | Mil. SGD, NSA | Quarterly |
Exports of Goods | 2022 Q3 | 208,222 | 206,348 | Mil. SGD, NSA | Quarterly |
Current Account Balance | 2022 Q3 | 30,378 | 27,873 | Mil. SGD, NSA | Quarterly |
Exports of Goods and Services | 2022 Q3 | 297,840 | 292,506 | Mil. SGD, NSA | Quarterly |
Real Exports of Goods and Services | 2022 Q3 | 252,598 | 242,802 | Mil. Ch. 2015 SGD, NSA | Quarterly |
Imports of Goods and Services | 2022 Q3 | 247,956 | 242,916 | Mil. SGD, NSA | Quarterly |
Real Net Exports | 2022 Q3 | 37,466 | 37,236 | Mil. Ch. 2015 SGD, SA | Quarterly |
Real Imports of Goods and Services | 2022 Q3 | 213,315 | 204,641 | Mil. Ch. 2015 SGD, NSA | Quarterly |
Net Exports | 2022 Q3 | 49,883 | 49,589 | Mil. SGD, NSA | Quarterly |
Government | Reference | Last | Previous | Units | Frequency |
Government Revenues | Dec 2022 | 4,690 | 8,412 | Mil. SGD, NSA | Monthly |
Outstanding Public Debt | 2022 Q3 | 1,066,134 | 988,195 | Mil. SGD EOP, NSA | Quarterly |
Outstanding Public Debt - Domestic | 2022 Q3 | 1,066,134 | 988,195 | Mil. SGD EOP, NSA | Quarterly |
Outstanding Public Debt - Foreign | 2022 Q3 | 0 | 0 | Mil. SGD EOP, NSA | Quarterly |
Government Budget Balance | 2022 Q3 | 15,815 | 17,118 | Mil. SGD, SAAR | Quarterly |
Government Expenditures | 2022 Q3 | 17,458 | 14,628 | Mil. SGD, NSA | Quarterly |
Markets | Reference | Last | Previous | Units | Frequency |
Money Market Rate | Jul 2021 | 0.27 | 0.07 | % p.a., NSA | Monthly |
Lending Rate | Jun 2021 | 5.25 | 5.25 | % p.a., NSA | Monthly |
Stock Market Index | 30 Dec 2014 | 804.78 | 804.96 | Index, NSA | Business Daily |
Treasury Bills (over 31 days) | Aug 2013 | 0.24 | 0.26 | % p.a., NSA | Monthly |
Real Estate | Reference | Last | Previous | Units | Frequency |
House Price Index | 2022 Q4 | 188.6 | 187.8 | Index 2009Q1=100, NSA | Quarterly |
Vacancy | 2022 Q4 | 21,647 | 21,898 | # EOP, NSA | Quarterly |
Residential Building Permits | 2020 Q1 | 1,827 | 2,151 | # of units, NSA | Quarterly |
Building Permits | 2020 Q1 | 1,997 | 2,767 | # of units, NSA | Quarterly |
Residential Housing Starts | 2020 Q1 | 2,113 | 4,317 | # of units, NSA | Quarterly |
Residential Building Completions | 2020 Q1 | 1,528 | 2,298 | # of units, NSA | Quarterly |
Consumer | Reference | Last | Previous | Units | Frequency |
Retail Sales | Dec 2022 | 101.7 | 100.44 | Index 2017=100, SA | Monthly |
Business | Reference | Last | Previous | Units | Frequency |
Industrial Production | Dec 2022 | 127.2 | 123.29 | Index 2019=100, SA | Monthly |
Change in Inventories | 2017 | 12,657,600,000 | 2,030,100,000 | NCU | Annual |
Real Change in Inventories | 2017 | 13,947,700,000 | 2,253,900,000 | NCU | Annual |
Demographics | Reference | Last | Previous | Units | Frequency |
Population | 2022 | 4,073,239 | 3,986,842 | # | Annual |
Deaths | 2021 | 24,292 | 22,054 | # | Annual |
Net Migration | 2017 | 298,448 | # | Annual | |
Birth Rate | 2016 | 9.4 | 9.7 | # per Ths. pop. | Annual |
Death Rate | 2002 | 4.4 | 4.3 | # per Ths. pop. | Annual |