Human capital in Singapore
Singapore: Human capital was 2.46 trillion real chained 2019 US$ in 2020. ▲ Rising
Latest (2020)
2.46 trillion real chained 2019 US$
Change on year
up 5.1%
World rank
29th
of 151 countries
All-time high
2.46 trillion real chained 2019 US$
in 2020
All-time low
651.38 billion real chained 2019 US$
in 1995
Years of data
26
1995–2020
Human capital in Singapore, 1995–2020
Source: World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4. Measured in real chained 2019 US$.
Analysis
Singapore recorded 2.46 trillion real chained 2019 US$ for human capital in 2020. That is the highest value across all 26 years on record.
The figure is up 5.1% on the previous year and up 76.7% over ten years.
Over the whole period, human capital in Singapore peaked at 2.46 trillion real chained 2019 US$ in 2020 and was at its lowest, 651.38 billion real chained 2019 US$, in 1995.
That places Singapore 29th out of 151 countries with data for 2020, putting it in the top quarter.
The long-run direction has been consistently rising across the 26 years of available data.
Human capital in Singapore, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 651.38 billion real chained 2019 US$ | — |
| 1996 | 697.56 billion real chained 2019 US$ | +7.1% |
| 1997 | 757.08 billion real chained 2019 US$ | +8.5% |
| 1998 | 796.15 billion real chained 2019 US$ | +5.2% |
| 1999 | 831.04 billion real chained 2019 US$ | +4.4% |
| 2000 | 886.05 billion real chained 2019 US$ | +6.6% |
| 2001 | 898.14 billion real chained 2019 US$ | +1.4% |
| 2002 | 878.61 billion real chained 2019 US$ | -2.2% |
| 2003 | 885.52 billion real chained 2019 US$ | +0.8% |
| 2004 | 895.68 billion real chained 2019 US$ | +1.1% |
| 2005 | 920.76 billion real chained 2019 US$ | +2.8% |
| 2006 | 1.00 trillion real chained 2019 US$ | +9.0% |
| 2007 | 1.10 trillion real chained 2019 US$ | +9.3% |
| 2008 | 1.19 trillion real chained 2019 US$ | +8.6% |
| 2009 | 1.27 trillion real chained 2019 US$ | +6.4% |
| 2010 | 1.39 trillion real chained 2019 US$ | +9.7% |
| 2011 | 1.49 trillion real chained 2019 US$ | +6.9% |
| 2012 | 1.58 trillion real chained 2019 US$ | +6.4% |
| 2013 | 1.67 trillion real chained 2019 US$ | +5.6% |
| 2014 | 1.79 trillion real chained 2019 US$ | +7.3% |
| 2015 | 1.92 trillion real chained 2019 US$ | +7.1% |
| 2016 | 2.01 trillion real chained 2019 US$ | +4.9% |
| 2017 | 2.11 trillion real chained 2019 US$ | +4.9% |
| 2018 | 2.22 trillion real chained 2019 US$ | +5.1% |
| 2019 | 2.34 trillion real chained 2019 US$ | +5.3% |
| 2020 | 2.46 trillion real chained 2019 US$ | +5.1% |
Singapore compared with similar countries
- Singapore's 2.46 trillion real chained 2019 US$ is above the median for high income countries, which is 1.56 trillion real chained 2019 US$, 1.6× the median. (51 countries reporting)
- Singapore's 2.46 trillion real chained 2019 US$ is above the median for East Asia & Pacific, which is 2.06 trillion real chained 2019 US$, 1.2× the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 746.64 billion real chained 2019 US$ | 651.38 billion real chained 2019 US$ | 831.04 billion real chained 2019 US$ | 5 |
| 2000s | 992.24 billion real chained 2019 US$ | 878.61 billion real chained 2019 US$ | 1.27 trillion real chained 2019 US$ | 10 |
| 2010s | 1.85 trillion real chained 2019 US$ | 1.39 trillion real chained 2019 US$ | 2.34 trillion real chained 2019 US$ | 10 |
| 2020s | 2.46 trillion real chained 2019 US$ | 2.46 trillion real chained 2019 US$ | 2.46 trillion real chained 2019 US$ | 1 |
Countries ranked near Singapore
- 26 Norway 2.69 trillion real chained 2019 US$ compare
- 27 Argentina 2.57 trillion real chained 2019 US$ compare
- 28 Austria 2.56 trillion real chained 2019 US$ compare
- 30 Colombia 2.40 trillion real chained 2019 US$ compare
- 31 Saudi Arabia 2.26 trillion real chained 2019 US$ compare
- 32 United Arab Emirates 2.19 trillion real chained 2019 US$ compare
More reference data data for Singapore
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.008 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0066 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.0618 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.0618 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0269 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0096 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.0378 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.2664 (2050)
- Emission Totals - Emissions (N2O) - Burning - Crop residues 0 (1992)
- Emission Totals - Emissions (N2O) - Agricultural Soils 0.2567 (2050)
Frequently asked questions
- What is human capital in Singapore?
- Human capital in Singapore was 2.46 trillion real chained 2019 US$ in 2020, according to World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4.
- What is the highest human capital recorded in Singapore?
- The highest recorded value was 2.46 trillion real chained 2019 US$ in 2020.
- What is the lowest human capital recorded in Singapore?
- The lowest recorded value was 651.38 billion real chained 2019 US$ in 1995.
- How does Singapore rank for human capital?
- Singapore ranks 29th out of 151 countries with data for 2020.
- Is human capital rising or falling in Singapore?
- Over the last ten years it is up 76.7%. The long-run trend across the full record is rising.
- Where does this Singapore data come from?
- The figures come from World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as part of Human capital (real chained 2019 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Human capital is computed as the present value of future earnings for the working population over their lifetimes. Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.