Singapore Economy & Singapore Markets Data analytics

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MacroVar monitors real-time economic, financial and geopolitical developments for the Singapore economy and Singapore markets by analyzing financial, economic data and real-time news using statistical models. To help you forecast and analyze economic and financial developments, our team provides you with explanations of the theory and structure of our models and access to financial and economic data.

Singapore Overview

 
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Singapore Overview presents the current trends and dynamics of the major Singapore financial markets and economic indicators. Select Details to get more information for each indicator, use Factors to monitor current statistical analysis of financial & economic factors affecting the specific asset, and select research to read the latest MacroVar research for the specific asset/indicator.


Symbol Price 1D% MoM% YoY% M T B Details
FTSE Straits Times Singapore STI 3475.53 0.59 0.05 10.7
Description
Singapore 2-year bond yield SG.2Y 3.32 -0.21 -0.02 -4.37
Description
Singapore 10-Year Bond Yield SG.10Y 3.2 -0.09 -0.02 7.64
Description
Singapore Dollar US Dollar (SGD/USD) SGDUSD 1.35 -0.06 -0 1.21
Description
Manufacturing PMI sg.manpmi 50.4 0 0 1
Description
Symbol Price 1D% MoM% YoY% M T B Details
FTSE Straits Times Singapore STI 3475.53 0.59 0.05 10.7
Description
Singapore ETF EWS 22.7 -0.13 0.06 26.32
Description
Singapore 2-year bond yield SG.2Y 3.32 -0.21 -0.02 -4.37
Description
Singapore 10-Year Bond Yield SG.10Y 3.2 -0.09 -0.02 7.64
Description
Singapore Yield Curve SG.YC -0.13 -3.08 -0.25 -75.77
Description
Singapore Dollar US Dollar (SGD/USD) SGDUSD 1.35 -0.06 -0 1.21
Description
Singapore Credit Default Swaps CDS.Singapore 0 0 0 0
Description
Symbol Price 1D% MoM% YoY% M T B Details
Composite PMI sg.comppmi 55.2 2 2 2
Description
Manufacturing PMI sg.manpmi 50.4 0 0 1
Description
GDP Growth (annual) sg.gdpgrowthan 2.9 7 7 -82
Description
Inflation CPI sg.inflationcpi 2.4 -23 -23 -47
Description
Unemployment rate sg.unemploymentrate 2 -5 -5 -23
Description
Symbol Price 1D% MoM% YoY% M T B Details
FTSE Straits Times Singapore STI 3475.53 0.59 0.05 10.7
Description
Singapore 2-year bond yield SG.2Y 3.32 -0.21 -0.02 -4.37
Description
Singapore 10-Year Bond Yield SG.10Y 3.2 -0.09 -0.02 7.64
Description
Singapore Dollar US Dollar (SGD/USD) SGDUSD 1.35 -0.06 -0 1.21
Description
Singapore Credit Default Swaps CDS.Singapore 0 0 0 0
Description

Singapore Economic Overview

  
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Singapore economic overview presents a snapshot of Singapore current economic conditions. You can find details for the Singapore economy subsections by exploring the sections below.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
Composite PMI sg.comppmi 57.2 55.2 4 12 UP UP
Manufacturing PMI sg.manpmi 51.0 50.9 0 2 UP UP

Singapore Manufacturing

  
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MacroVar tracks hundreds of indicators related to Singapore manufacturing. Our focus is on the most important leading indicators based on the ISM report and related indicators. The ISM report is the most important report reflecting the real demand of goods in the Singapore economy.


1Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
Manufacturing PMI sg.manpmi 51.0 50.9 0 2 UP UP
industrial production sg.indproduction 1.2 9 -87 -82 Down Down

Singapore consumer sentiment

  
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Consumer spending makes up 67% of the U.S. Economy. MacroVar monitors direct consumer reports like the University of Michigan Consumer Sentiment Index and indirect macroeconomic indicators related to Singapore employment and Singapore consumer activity (building permits).


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
unemployment rate sg.unemploymentrate 1.8 2s -10 -31 Down Down
retail sales sg.retailsalesan 2.2 1.9s 16 -650 UP UP
retail sales MoM sg.retailsales 0.1 0.4s -75 -125 Down UP
car registrations sg.carregistrations 5153.0 6132s -16 25 Down UP

Singapore Construction

  
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The Singapore construction sector is a significant component of the Singapore economy. MacroVar monitors leading indicators of construction activity like building permits and new home sales.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
new home sales sg.newhomesales 738.0 401 84 264 UP UP

Singapore Macroeconomic outlook

  
Singapore Macroeconomic outlook presents an overview of the long-term fundamental coincident factors of the Singapore economy. Components monitored are the country's rserves, debt, Monetary Policy and Fiscal Policy. Explore Singapore macroeconomic model in detail.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
gdp sg.gdp 501.43 466.79 7 79 UP UP
Real GDP sg.realgdp 138942.8 136076 2 15 UP UP
gdp growth annual sg.gdpgrowthan 5.4 2.9 86 -11 UP Down
gdp growth sg.gdpgrowth 3.2 0.4 700 39 UP UP
inflation cpi sg.inflationcpi 1.4 2 -30 -70 Down Down
unemployment rate sg.unemploymentrate 1.8 2 -10 -31 Down Down
government debt sg.govdebt 1235075.7 1215150 2 62 UP UP
external debt sg.externaldebt 2725589.4 2706320 1 21 UP UP
government debt to gdp sg.govdebtgdp 167.8 160 5 73 UP UP
current account sg.currentaccount 34142.9 34571.7 -1 28 UP UP
current account to gdp sg.currentaccountgdp 19.8 18 10 -8 UP Down
exports sg.exports 53318.8 54720.1 -3 -8 Down Down
imports sg.imports 48904.34 49431.8 -1 -3 Down Down
foreign exchange reserves sg.fxreserves 505736.5 507611 -0 10 UP UP
gold reserves sg.goldres 227.61 228.86 -1 48 UP UP
government revenues sg.govrev 6212.1 10286.9 -40 7 Down UP
fiscal expenditure sg.fiscalexp 8772.5 7699 14 1 Down UP

Singapore Inflation

  
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MacroVar monitors major inflation indexes and subcompoonents based on Bureau of Labour Statistics monthly report.


Indicator Symbol Actual Previous M/M% Y/Y% Trend
inflation cpi sg.inflationcpi 1.4 2 -30 -70
core inflation rate sg.coreinflationrate 2.1 2.8 -25 -36
Produce Prices YoY sg.producerpricesch -5.3 -7.1 -25 15

Singapore Employment

  
MacroVar monitors leading indicators (ISM/NMI employment activity), coincident (Initial & Continuing jobless claims) and lagging indicators of Singapore employment. Singapore employment is one of the major factors affecting Singapore monetary policy.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
unemployment rate sg.unemploymentrate 1.8 2 -10 -31 Down Down

Singapore Monetary Policy

  
Singapore Monetary policy is monitored by tracking the most important indicators related to the Fed's balance sheet and interest rates.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
central bank balance sheet sg.cb.assets 798870.1 790969 1 11 UP UP
banks balance sheet sg.banks.bs 3557360.4 3503530 2 5 UP UP
money supply m1 sg.msm1 278047.0 276065 1 6 UP UP
money supply m2 sg.msm2 817733.8 805654 1 5 UP UP
government debt to gdp sg.govdebtgdp 167.8 160 5 73 UP UP
loans to private sector sg.loanprivate 813055.8 808824 1 3 UP UP
Singapore Credit Rating (S&P) RATING.S&P.SP
Singapore Credit Rating (Moody's) RATING.MOODYS.SP
Singapore Credit Rating (Fitch) RATING.FITCH.SP

Singapore Fiscal Policy

  
Singapore Fiscal policy is monitored by tracking the most important indicators related to the Treasury's decisions on government spending, revenues and budget surplus/deficit.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
government revenues sg.govrev 6212.1 10286.9 -40 7 Down UP
fiscal expenditure sg.fiscalexp 8772.5 7699 14 1 Down UP
government budget sg.govbudget -1.6 -0.8 100 -180 Down Down
Government budget sg.govbudgetvalue -3186.6 3487.7 -191 11 Down Down
government debt sg.govdebt 1235075.7 1215150 2 62 UP UP
government debt to gdp sg.govdebtgdp 167.8 160 5 73 UP UP

Singapore Trade

  
Singapore trade activity is monitored by tracking Trade and Capital flows.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
current account sg.currentaccount 34142.9 34571.7 -1 28 UP UP
current account to gdp sg.currentaccountgdp 19.8 18 10 -8 UP Down
balance of trade sg.balanceoftrade 4414.46 5207.47 -15 -30 Down Down
imports sg.imports 48904.34 49431.8 -1 -3 Down Down
exports sg.exports 53318.8 54720.1 -3 -8 Down Down
capital flows sg.capitalflows 15729.5 26950.8 -42 -2947 Down UP
foreign direct investment sg.fdi 46960.3 57838.9 -19 34 Down UP
external debt sg.externaldebt 2725589.4 2706320 1 21 UP UP
foreign exchange reserves sg.fxreserves 505736.5 507611 -0 10 UP UP
gold reserves sg.goldres 227.61 228.86 -1 48 UP UP