In 2019, the direct contribution to Singapore's GDP from tourism was around four percent. This was forecasted to increase to 4.04 percent in 2020. However, with the unforeseen outbreak of the novel coronavirus, the direct contribution to tourism as a share of GDP would most likely decrease, as the tourism sector had been hard hit by the virus outbreak.
Direct contribution of the tourism industry as a share of the gross domestic product in Singapore from 1995 to 2019 with forecasts until 2029
Characteristic
Share of GDP
2029*
4%
2028*
4.02%
2027*
4.04%
2026*
4.05%
2025*
4.06%
2024*
4.08%
2023*
4.08%
2022*
4.09%
2021*
4.07%
2020*
4.04%
2019
4%
2018
3.97%
2017
4.12%
2016
4.17%
2015
3.89%
2014
4.16%
2013
4.08%
2012
4.19%
2011
4.15%
2010
4.04%
2009
3.84%
2008
4.16%
2007
4.01%
2006
4.12%
2005
4.08%
2004
4.21%
2003
3.89%
2002
4.44%
2001
4.52%
2000
4.35%
1999
5%
1998
4.91%
1997
4.9%
1996
5.41%
1995
5.77%
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WTTC. (March 11, 2020). Direct contribution of the tourism industry as a share of the gross domestic product in Singapore from 1995 to 2019 with forecasts until 2029 [Graph]. In Statista. Retrieved August 14, 2022, from https://www.statista.com/statistics/1079842/singapore-tourism-direct-contribution-to-gdp/
WTTC. "Direct contribution of the tourism industry as a share of the gross domestic product in Singapore from 1995 to 2019 with forecasts until 2029." Chart. March 11, 2020. Statista. Accessed August 14, 2022. https://www.statista.com/statistics/1079842/singapore-tourism-direct-contribution-to-gdp/
WTTC. (2020). Direct contribution of the tourism industry as a share of the gross domestic product in Singapore from 1995 to 2019 with forecasts until 2029. Statista. Statista Inc.. Accessed: August 14, 2022. https://www.statista.com/statistics/1079842/singapore-tourism-direct-contribution-to-gdp/
WTTC. "Direct Contribution of The Tourism Industry as a Share of The Gross Domestic Product in Singapore from 1995 to 2019 with Forecasts until 2029." Statista, Statista Inc., 11 Mar 2020, https://www.statista.com/statistics/1079842/singapore-tourism-direct-contribution-to-gdp/
WTTC, Direct contribution of the tourism industry as a share of the gross domestic product in Singapore from 1995 to 2019 with forecasts until 2029 Statista, https://www.statista.com/statistics/1079842/singapore-tourism-direct-contribution-to-gdp/ (last visited August 14, 2022)
