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Here is a brief overview of gross domestic product of Singapore.
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GDP of Singapore

The Gross Domestic Product (GDP) is a basic measure of a country's economic performance. It is the market value of all final goods and services made within the borders of a nation in a year. GDP can be defined in three ways, all of which are conceptually identical. First, it is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time (usually a 365-day year). Second, it is equal to the sum of the value added at every stage of production (the intermediate stages) by all the industries within a country, plus taxes less subsidies on products, in the period. Third, it is equal to the sum of the income generated by production in the country in the period—that is, compensation of employees, taxes on production and imports less subsidies, and gross operating surplus (or profits).
 
The most common approach to measuring and quantifying GDP is the expenditure method:
 
GDP = private consumption + gross investment + government spending + (exports − imports), or,
GDP = C + I + G + (X − M).
 
Gross Domestic Product in Singapore

The Gross Domestic Product in Singapore from 2005 to 2009 is as follows. All the figures are in S$ in millions
 
 
2005
2006
2007
2008
2009 
GDP AT CURRENT MARKET PRICES
201,313.3 
221,142.8
251,610.1
257,418.5
257,418.5
Goods Producing Industries
61,896.9 
68,024.9
71,912.8
67,438.1
15,083.5
Manufacturing
51,123.4
56,549.3
71,912.8
67,438.1
15,083.5
Construction
7,226.6
7595.8
9,242.9
13,255.8 
3,961.9
Utilities
3,381.1
3695.2 
3925.1
3729.2
822.1
Other Goods Industries
165.8
184.6
180.5
177.9
44.1
Services Producing Industries
130,603.9
144,051.3
165,187.0
178,074.8
42,204.6
Wholesale & Retail Trade
33,939.8
39,537.3
43,444
44,347.7
8,818.1
Transport & Storage
19930.7
20,172.9
22,844.8
23,317.5
5,049.2
Hotels & Restaurants
3,789.1
4,316.7
4,900.8
5,433.5
1,223.7
Information & Communication
7,875.8
8,478.4
9,121.2
9,612.7
2,435.0
Financial Services
21,994.2
24,796.3
31,117.5
33,789.4
8795.3
Business Services
22,658.6
25,171.6
30,600.1
36,295.6
8,877.3
Other Services Industries
20,415.7
21,578.6
23,158.6
25,278.4
7,006.0
Ownership Of Dwellings
6,940.0
8,628.7
11,067.6
13,373.3
3,261.1
Gross Value Added At Basic Prices
190,364.4
209,893.1
235,099.4
242,156.1
55,778.9
 


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