Consumer spending in Singapore Q1 2018- Q1 2022

Published by Statista Research Department, May 22, 2023
As of the first quarter 2022, the total consumer spending in Singapore amounted to 43.74 billion Singapore dollars. After a two-year low in the second quarter 2020, consumer spending in Singapore has started to rebound. The decrease in consumer spend in that period was likely due to the lockdown implemented in the country to slow down the spread of COVID-19.

Total consumer spending in Singapore from first quarter 2018 to first quarter 2022 (in billion Singapore dollars)

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Source

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Release date

June 2022

Region

Singapore

Survey time period

Q1 2018 to Q1 2022

Supplementary notes

The source did not provide a release date. The date here reflects the date of access.

1 Singapore dollar is equal to 0.72 U.S. dollars and 0.69 euros as of June 2022.

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Economic impact

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Impact on digitalization

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Social impact

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