Singapore's final consumption expenditure (current LCU) was 326.4 billion in 2025, the latest year in the World Bank's World Development Indicators. That is up 62.79% from 200.5 billion in 2015 (4.99% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 326.4 billion | 2025 |
| Five years earlier | 214.86 billion | 2020 |
| Ten years earlier | 200.5 billion | 2015 |
| Highest | 326.4 billion | 2025 |
| Lowest | 2.09 billion | 1960 |
| Average since 2016 | 252 billion | 2016–2025 |
| First recorded | 2.09 billion |
What the numbers say
In 2025, Singapore's final consumption expenditure (current LCU) rose 4.7% on 2024 (from 311.84 billion to 326.4 billion).
Across the 30 yearly changes before that (1995 to 2024), the average change was +5.9% and a typical year strayed about 4.6% from that (the standard deviation). This year's change was 0.3 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 23.2% in 1973 and the biggest yearly fall was 9.3% in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 the straight-line trend is upward, about 12.95 billion a year. A straight line explains 85% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2025, Singapore had the 95th highest value of the 132 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Singapore in the 2025 ranking
- Belgium — 91st of 132: 489.67 billion
- Austria — 92nd of 132: 378.22 billion
- Moldova — 93rd of 132: 371.11 billion
- Mauritania — 95th of 132: 325.27 billion
- Cabo Verde — 96th of 132: 281.09 billion
- Namibia — 97th of 132: 271.26 billion
What this measures
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
All 66 values
| Year | Final consumption expenditure (current LCU) |
|---|---|
| 2025 | 326,396,700,000 |
| 2024 | 311,844,300,000 |
| 2023 | 283,861,400,000 |
| 2022 | 263,940,600,000 |
| 2021 | 232,978,300,000 |
| 2020 | 214,860,800,000 |
| 2019 | 236,971,800,000 |
| 2018 | 227,151,500,000 |
| 2017 | 215,807,500,000 |
| 2016 | 206,226,300,000 |
Final consumption expenditure (current LCU) in nearby economies
- Australia — 2.08 trillion (2025)
- Brunei Darussalam — 10.44 billion (2025)
- Cambodia — 131.49 trillion (2025)
- China — 76.41 trillion (2024)
- Fiji — 12.09 billion (2024)
- French Polynesia — 737.4 billion (2024)
- Hong Kong SAR, China — 2.62 trillion (2025)
- Indonesia — 14,950.6 trillion (2025)
- Japan — 464.34 trillion (2024)
- Kiribati
More economic policy & debt data for Singapore
- Total reserves, including gold (current US$) — US$432.11 billion (2025)
- Total reserves, excluding gold (current US$) — US$404.93 billion (2025)
- General government final consumption expenditure (current US$) — US$61.91 billion (2025)
- General government final consumption expenditure (current LCU) — 80.94 billion (2025)
- General government final consumption expenditure (constant 2015 US$) — US$45.72 billion (2025)
- General government final consumption expenditure (constant LCU) — 62.86 billion (2025)
- General government final consumption expenditure (% of GDP) — 10.25% (2025)
- Households and NPISHs final consumption expenditure (current US$) — US$187.74 billion (2025)
Reading data like this
Questions people ask
- What is Singapore's final consumption expenditure (current LCU)?
- 326.4 billion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1960?
- It is up 15,504% from 2.09 billion in 1960 (8.08% a year on average, compounded). The highest value was 326.4 billion in 2025 and the lowest 2.09 billion in 1960.
- How does Singapore rank?
- 95th highest of 132 economies with data for 2025.
- Is the latest change in final consumption expenditure (current LCU) unusual for Singapore?
- In 2025, Singapore's final consumption expenditure (current LCU) rose 4.7% on 2024 (from 311.84 billion to 326.4 billion). Across the 30 yearly changes before that (1995 to 2024), the average change was +5.9% and a typical year strayed about 4.6% from that (the standard deviation). This year's change was 0.3 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NE.CON.TOTL.CN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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