Pie chart: Singapore GDP by sector 2024 — services 73.0%, industry 21.4%

Singapore GDP by Sector 2024 — Services 73.0%, Industry 21.4%

Singapore is one of the world’s most open economies, with GDP reaching SGD 766 billion in 2024. Services account for 73.0% of value-added, driven by finance, trade-related services, and logistics. Industry contributes 21.4% — deliberately high for a financial centre, anchored by precision manufacturing in semiconductors, pharmaceuticals, and petrochemicals on Jurong Island. GDP by sector — which industries produce the value Source: World Bank WDI (NV.AGR/IND/SRV.TOTL.ZS), 2024. Value-added as % of GDP, current prices. ...

October 27, 2025 · 4 min