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GOAL 8: Decent Work and Economic Growth in Singapore

Singapore: GOAL 8: Decent Work and Economic Growth was 0.75 5 year moving average in 2023. ▲ Rising

Latest (2023)
0.75 5 year moving average
Change on year
down 3.6%
World rank
101st
of 215 countries
All-time high
0.778 5 year moving average
in 2022
All-time low
0.2 5 year moving average
in 2008
Years of data
20
2004–2023

GOAL 8: Decent Work and Economic Growth in Singapore, 2004–2023

0.20.40.60.82004201320232004: 0.25 5 year moving average2005: 0.222 5 year moving average2006: 0.222 5 year moving average2007: 0.222 5 year moving average2008: 0.2 5 year moving average2009: 0.3 5 year moving average2010: 0.273 5 year moving average2011: 0.333 5 year moving average2012: 0.333 5 year moving average2013: 0.333 5 year moving average2014: 0.333 5 year moving average2015: 0.333 5 year moving average2016: 0.333 5 year moving average2017: 0.333 5 year moving average2018: 0.333 5 year moving average2019: 0.308 5 year moving average2020: 0.462 5 year moving average2021: 0.75 5 year moving average2022: 0.778 5 year moving average2023: 0.75 5 year moving average

Source: Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators). Measured in 5 year moving average.

Analysis

In 2023, goal 8: decent work and economic growth in Singapore stood at 0.75 5 year moving average.

Compared with earlier readings it is down 3.6% on the previous year and up 125.2% over ten years.

Over the whole period, goal 8: decent work and economic growth in Singapore peaked at 0.778 5 year moving average in 2022 and was at its lowest, 0.2 5 year moving average, in 2008.

Singapore ranks 101st of 215 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 20 years of available data.

GOAL 8: Decent Work and Economic Growth in Singapore, year by year

Year 5 year moving average Change
2004 0.25 5 year moving average —
2005 0.222 5 year moving average -11.2%
2006 0.222 5 year moving average +0.0%
2007 0.222 5 year moving average +0.0%
2008 0.2 5 year moving average -9.9%
2009 0.3 5 year moving average +50.0%
2010 0.273 5 year moving average -9.0%
2011 0.333 5 year moving average +22.0%
2012 0.333 5 year moving average +0.0%
2013 0.333 5 year moving average +0.0%
2014 0.333 5 year moving average +0.0%
2015 0.333 5 year moving average +0.0%
2016 0.333 5 year moving average +0.0%
2017 0.333 5 year moving average +0.0%
2018 0.333 5 year moving average +0.0%
2019 0.308 5 year moving average -7.5%
2020 0.462 5 year moving average +50.0%
2021 0.75 5 year moving average +62.3%
2022 0.778 5 year moving average +3.7%
2023 0.75 5 year moving average -3.6%

Singapore compared with similar countries

  • Singapore's 0.75 5 year moving average is above the median for high income countries, which is 0.75 5 year moving average, 1.0× the median. (85 countries reporting)
  • Singapore's 0.75 5 year moving average is above the median for East Asia & Pacific, which is 0.75 5 year moving average, 1.0× the median. (37 countries reporting)

Biggest year-on-year movements

Years where GOAL 8: Decent Work and Economic Growth in Singapore changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2021 +62.3% 0.462 5 year moving average 0.75 5 year moving average
2009 +50.0% 0.2 5 year moving average 0.3 5 year moving average
2020 +50.0% 0.308 5 year moving average 0.462 5 year moving average

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.236 5 year moving average 0.2 5 year moving average 0.3 5 year moving average 6
2010s 0.3245 5 year moving average 0.273 5 year moving average 0.333 5 year moving average 10
2020s 0.685 5 year moving average 0.462 5 year moving average 0.778 5 year moving average 4

Countries ranked near Singapore

  1. 101 Angola 0.75 5 year moving average compare
  2. 101 Azerbaijan 0.75 5 year moving average compare
  3. 101 Belize 0.75 5 year moving average compare
  4. 101 Bhutan 0.75 5 year moving average compare
  5. 101 Bulgaria 0.75 5 year moving average compare
  6. 101 Cape Verde 0.75 5 year moving average compare
  7. 101 Cameroon 0.75 5 year moving average compare
  8. 101 China 0.75 5 year moving average compare
  9. 101 Croatia 0.75 5 year moving average compare
  10. 101 Cyprus 0.75 5 year moving average compare
  11. 101 Grenada 0.75 5 year moving average compare
  12. 101 Guyana 0.75 5 year moving average compare
  13. 101 Hong Kong 0.75 5 year moving average compare
  14. 101 Iran 0.75 5 year moving average compare
  15. 101 Kazakhstan 0.75 5 year moving average compare
  16. 101 Maldives 0.75 5 year moving average compare
  17. 101 Malta 0.75 5 year moving average compare
  18. 101 Marshall Islands 0.75 5 year moving average compare
  19. 101 Montenegro 0.75 5 year moving average compare
  20. 101 Morocco 0.75 5 year moving average compare
  21. 101 Mozambique 0.75 5 year moving average compare
  22. 101 Niger 0.75 5 year moving average compare
  23. 101 Papua New Guinea 0.75 5 year moving average compare
  24. 101 Paraguay 0.75 5 year moving average compare
  25. 101 Romania 0.75 5 year moving average compare
  26. 101 Rwanda 0.75 5 year moving average compare
  27. 101 Saudi Arabia 0.75 5 year moving average compare
  28. 101 Saint Lucia 0.75 5 year moving average compare
  29. 101 East Timor 0.75 5 year moving average compare
  30. 101 Ukraine 0.75 5 year moving average compare
  31. 101 United Arab Emirates 0.75 5 year moving average compare
  32. 101 Uruguay 0.75 5 year moving average compare
  33. 101 Uzbekistan 0.75 5 year moving average compare
  34. 101 Vanuatu 0.75 5 year moving average compare
  35. 101 Venezuela 0.75 5 year moving average compare

See the full ranking of 215 places →

More reference data data for Singapore

All data for Singapore →

Frequently asked questions

What is goal 8: decent work and economic growth in Singapore?
Goal 8: decent work and economic growth in Singapore was 0.75 5 year moving average in 2023, according to Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators).
What is the highest goal 8: decent work and economic growth recorded in Singapore?
The highest recorded value was 0.778 5 year moving average in 2022.
What is the lowest goal 8: decent work and economic growth recorded in Singapore?
The lowest recorded value was 0.2 5 year moving average in 2008.
How does Singapore rank for goal 8: decent work and economic growth?
Singapore ranks 101st out of 215 countries with data for 2023.
Is goal 8: decent work and economic growth rising or falling in Singapore?
Over the last ten years it is up 125.2%. The long-run trend across the full record is rising.
Where does this Singapore data come from?
The figures come from Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators), published as part of GOAL 8: Decent Work and Economic Growth (5 year moving average). Statizoid updates them automatically from the source API.

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GOAL 8: Decent Work and Economic Growth in Singapore. Statizoid, drawing on Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators). Retrieved 29 September 2026, from https://reference.statizoid.com/stat/goal-8-decent-work-and-economic-growth-5-year-moving-average/singapore/

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About this data

Indicator
GOAL 8: Decent Work and Economic Growth (5 year moving average)
Unit
5 year moving average
Source
Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
215 places, 4,300 data points, 2004–2023
Last refreshed

SDG Goal 8 data availability. Source: UN Global SDG Indicators Database