macro
GDP per Person, Historical (Maddison): Singapore
Latest
80,320.09international dollars (2011 prices)
Methodology
## What this measures
Real GDP per person in Singapore, in 2011 international dollars, from the Maddison Project Database 2023: the long-run record of average living standards.
## Why it matters
It is the standard measure of how rich a society is across centuries, and the only one that lets you compare the Roman Empire, Song China and today's economies on one scale.
## How to read it
Dollars are 2011 international dollars: adjusted for inflation and for price differences between countries, so a higher number means more goods and services per person. Each point is a calendar year, dated December 31. Before about 1820 most countries have only scattered benchmark years, so a line drawn between them hides everything in between.
## What it does not say
Early figures are reconstructions from wages, prices, output and population records, with wide margins of error. It is an average: it says nothing about how income was shared. Purchasing-power comparisons across very different economies are approximate.
## Source
Maddison Project Database 2023 (Groningen Growth and Development Centre, University of Groningen). Cite as: Bolt, Jutta and Jan Luiten van Zanden (2024), "Maddison style estimates of the evolution of the world economy: A new 2023 update", Journal of Economic Surveys, 1–41. DOI: 10.1111/joes.12618. Licence: Maddison Project Database, version 2023 by Jutta Bolt and Jan Luiten van Zanden, licensed under a Creative Commons Attribution 4.0 International License (https://creativecommons.org/licenses/by/4.0/). https://www.rug.nl/ggdc/historicaldevelopment/maddison/releases/maddison-project-database-2023 The database asks that all original papers be cited when its data is shown in graphical form. The original sources for Singapore, as the database lists them: Sources added since MPD 2013: - 1900–1959: Sugimoto, I. (2011), Economic growth of Singapore in the twentieth century: historical GDP estimates and empirical investigations, Economic Growth Centre Research Monograph ser., 2, http://www.worldscibooks.com/economics/7858.html (accessed on 30 Jan. 2013). - GDP pc: 2008 - 2022: Total Economy Database the Conference Board for all countries included in TED. Otherwise UN national accounts statistics This is a one-off release; Palanor will load the next version when the Maddison Project publishes one.
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