Productivity in Singapore increased to 112.10 points in the first quarter of 2020 from 107 points in the fourth quarter of 2019.

Productivity in Singapore averaged 85.34 points from 1980 until 2020, reaching an all time high of 112.10 points in the first quarter of 2020 and a record low of 51.70 points in the second quarter of 1980. This page provides - Singapore Productivity - actual values, historical data, forecast, chart, statistics, economic calendar and news. Singapore Productivity - values, historical data and charts - was last updated on August of 2020. source: Statistics Singapore

Productivity in Singapore is expected to be 96.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Productivity in Singapore to stand at 110.50 in 12 months time. In the long-term, the Singapore Productivity is projected to trend around 110.00 points in 2021, according to our econometric models.

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Singapore Productivity

Actual Previous Highest Lowest Dates Unit Frequency
112.10 107.00 112.10 51.70 1980 - 2020 points Quarterly
NSA, 2015=100

Singapore Labour Last Previous Highest Lowest Unit
Unemployment Rate 2.90 2.40 6.00 1.40 percent [+]
Employed Persons 3778.00 3715.80 3778.00 1714.20 Thousand [+]
Unemployed Persons 110.80 100.20 124.10 25.80 Thousand [+]
Average Weekly Hours 44.70 44.80 46.30 44.70 [+]
Labor Force Participation Rate 68.00 67.70 68.30 55.30 percent [+]
Productivity 112.10 107.00 112.10 51.70 points [+]
Labour Costs 112.10 107.00 112.10 51.70 points [+]
Job Vacancies 44400.00 50000.00 67400.00 12000.00 [+]
Wages 6148.00 5783.00 6148.00 1302.00 SGD/Month [+]
Population 5.71 5.64 5.71 1.65 Million [+]
Retirement Age Women 62.00 62.00 62.00 62.00 [+]
Retirement Age Men 62.00 62.00 62.00 62.00 [+]
Employment Change -121.80 -19.50 73.20 -121.80 Thousands Person [+]


Singapore Productivity
In Singapore, Productivity is the real value of output produced by a unit of labor during a certain time.