Makrognosis

Singapore GDP implicit price deflator (SG.GDP.Q.NOM / SG.GDP.Q.REAL x 100; SingStat, NSA, 2015=100)

QuarterlyNot seasonally adjustedCode SG.GDPDEFL.Q.NSA

Latest (y/y)6.1%Q2 2026
Previous (y/y)1.5%Q1 2026
Level139.4Q2 2026

Singapore GDP implicit price deflator (SG.GDP.Q.NOM / SG.GDP.Q.REAL x 100; SingStat, NSA, 2015=100) was up 6.1% year on year in Q2 2026, compared with 1.5% in Q1 2026.

The level stood at 139.4 (index (real-series reference year = 100)).

That is the highest reading since Q4 2024.

Over the past ten years it has ranged from −9.1% (Q2 2023) to 21.4% (Q2 2022), averaging 3.2%.

Singapore GDP implicit price deflator (SG.GDP.Q.NOM / SG.GDP.Q.REAL x 100; SingStat, NSA, 2015=100), annual % change, Q1 1987 – Q2 2026−10%0%10%20%19901995200020052010201520202025Robomacro
Singapore GDP implicit price deflator (SG.GDP.Q.NOM / SG.GDP.Q.REAL x 100; SingStat, NSA, 2015=100), annual % change, Q1 1987 – Q2 2026. Source: Makrognosis (computed from agency-direct inputs).
Singapore GDP implicit price deflator (SG.GDP.Q.NOM / SG.GDP.Q.REAL x 100; SingStat, NSA, 2015=100), level (index (real-series reference year = 100))608010012014019901995200020052010201520202025Robomacro
Singapore GDP implicit price deflator (SG.GDP.Q.NOM / SG.GDP.Q.REAL x 100; SingStat, NSA, 2015=100), level (index (real-series reference year = 100)).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValueY/Y %
Q2 2026139.46.1
Q1 2026134.91.5
Q4 2025135.6−2.4
Q3 2025131.8−3.6
Q2 2025131.4−1.9
Q1 2025132.91.0
Q4 2024138.97.2
Q3 2024136.87.3
Q2 2024133.95.1
Q1 2024131.63.6
Q4 2023129.6−0.7
Q3 2023127.4−6.0
Q2 2023127.3−9.1
Q1 2023127.1−2.2
Q4 2022130.57.1
Q3 2022135.514.4
Q2 2022140.121.4
Q1 2022129.918.2
Q4 2021121.915.1
Q3 2021118.513.3
Q2 2021115.312.4
Q1 2021110.03.4
Q4 2020106.0−2.1
Q3 2020104.5−2.8

Last 24 observations. The full history (162 observations) is available through the API.

Get Singapore GDP implicit price deflator (SG.GDP.Q.NOM / SG.GDP.Q.REAL x 100; SingStat, NSA, 2015=100) in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/SG.GDPDEFL.Q.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/SG.GDPDEFL.Q.NSA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationQ2 2026
First observationQ1 1986
Observations162
FrequencyQuarterly
Unitsindex (real-series reference year = 100)
AdjustmentNot seasonally adjusted
10-year high21.4% (Q2 2022)
10-year low−9.1% (Q2 2023)
10-year average3.2%
Source agencyMakrognosis (computed from agency-direct inputs)
Makrognosis codeSG.GDPDEFL.Q.NSA

This series is a labelled reference series (an official figure republished by an aggregator) rather than a first print from the agency itself.

Other Singapore indicators

Singapore GDP (Gross Domestic Product)Singapore GDP At Current Prices Total, Quarterly (SingStat M015651)Singapore Nominal GDP at current market prices (SingStat/DOS, SGD million, annual)Singapore Inflation Rate (CPI)Singapore Core Inflation RateSingapore Unemployment RateSingapore Unemployment rate, end of period (MOM via SingStat, quarterly)Singapore 10-Year Government Bond YieldSingapore Credit Rating & Sovereign Risk ScoreSingapore Loans and advances of banks (SingStat M701091 series 1)Singapore Industrial ProductionSingapore Retail SalesSingapore Producer Price Inflation (PPI)Singapore Current account balance, SGD million (SingStat, quarterly)Singapore Trade Balance: Goods & ServicesSingapore Total Merchandise Exports (At Current Prices), Monthly

FAQ

What is the current gDP implicit price deflator (SG.GDP.Q.NOM / SG.GDP.Q.REAL x 100; SingStat, NSA, 2015=100) in Singapore?
The latest reading is 6.1% year on year for Q2 2026, published by Makrognosis (computed from agency-direct inputs).
Where does this data come from?
It is collected directly from Makrognosis (computed from agency-direct inputs) and is available through the Makrognosis API under the code SG.GDPDEFL.Q.NSA.

Last updated 2026-10-22. Source: Makrognosis (computed from agency-direct inputs). Original title: “SG GDP implicit price deflator (SG.GDP.Q.NOM / SG.GDP.Q.REAL x 100; SingStat, NSA, 2015=100)”.