The Annual Survey of Services collects information on the performance of establishments engaged in Wholesale Trade, Retail Trade, Transportation & Storage, Accommodation & Food Services, Information & Communications, Real Estate, Professional Services, Administrative & Support Services and Community & Personal Services. Establishments engaged in Finance & Insurance Services and Public Administration Activities are excluded. Individual self-employed persons who are not registered with the Accounting and Corporate Regulatory Authority (ACRA), such as taxi drivers, hawkers and stallholders, independent artistes are also excluded.
Data
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Annual Service Statistics - All Services Industries
Title : Key Indicators By Industry Group In All Services Industries, Annual
|
Data Items
|
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
|
Establishments, Total Services Sector
(Number)
|
194,672 |
198,216 |
204,393 |
215,527 |
223,059 |
228,617 |
236,427 |
248,554 |
|
Operating Revenue, Total Services Sector
(Million Dollars)
|
2,631,235.2 |
3,149,714.8 |
3,655,422.4 |
3,657,728.6 |
3,337,662.1 |
4,504,532.7 |
5,518,600.3 |
5,001,625.6 |
|
Operating Expenditure, Total Services Sector
(Million Dollars)
|
2,554,225.2 |
3,065,840.9 |
3,563,836.4 |
3,565,041.9 |
3,259,467.5 |
4,364,073.8 |
5,311,361.5 |
4,865,150.9 |
|
Gross Operating Surplus, Total Services Sector
(Million Dollars)
|
110,642.2 |
119,735.9 |
128,643.8 |
128,632.3 |
119,090.7 |
182,071.3 |
252,550.9 |
186,955.4 |
|
Value Added, Total Services Sector
(Million Dollars)
|
219,106.2 |
234,498.1 |
247,288.6 |
251,837.4 |
234,045.9 |
310,183 |
399,819 |
346,334.3 |
SOURCE : SINGAPORE DEPARTMENT OF STATISTICS
Footnotes
Data are classified according to Singapore Standard Industrial Classification (SSIC) 2020. Data exclude own-account workers (e.g. hawkers, stall holders, freelancers, taxi-drivers, self-employed persons operating private hire vehicles). Data as at Feb 2025. The technical notes are available via (www.singstat.gov.sg/find-data/search-by-theme/industry/services/related-info). Infographics are available via (https://www.singstat.gov.sg/find-data/search-by-theme/industry/services/visualising-data). Data from 2009 may not be comparable with data prior to 2009 due to the incorporation of additional data sources to improve data coherence in the compilation of business statistics, and methodological improvements to align with international standards and best practices.
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The Retail Sales Index (RSI) and Food & Beverage Services Index (FSI) measure the short-term performance of the retail trade and food & beverage (F&B) services industries based on the sales records of retail trade and F&B services establishments respectively. The base year for the indices is 2017.
The RSI and FSI are available at current prices and in chained volume terms. The indices at current prices measure the change in sales values which can result from changes in both price and quantity, while the indices in chained volume terms measure the changes in the volume of economic activity by removing the price effect.
Data
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Food & Beverage Services Index
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You may also benchmark your firm's financial performance against other Retail Trade Industry peers here.
You may also benchmark your firm's financial performance against other Food & Beverage Services peers here.
Please refer to the Data for Businesses page for customer profile and industry profile and more insights on the services industries.
The Wholesale Trade Index (WTI) measures the short-term performance of the wholesale trade industry based on the sales records of wholesale establishments. The index series consist of the Domestic WTI and Foreign WTI. The Domestic WTI measures the trend of wholesale sales in Singapore, while the Foreign WTI measures that of wholesale sales outside Singapore, comprising sales of off-shore merchandise, domestic exports, re-exports and transhipment cargo. The base year for the indices is 2017.
The Domestic WTI and Foreign WTI are available at current prices and in chained volume terms. The indices at current prices measure the change in sales value which can result from changes in both price and quantity, while the indices in chained volume terms measure the changes in the volume of economic activity by removing the price effect.
Data
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The Business Receipts Index (BRI) measures the short-term performance of the services industries (excluding Wholesale Trade, Retail Trade, Accommodation, and Food Services) based on the operating revenue of services establishments. The base year for the index is 2014. The BRI is available at current prices which measures the change in operating revenue which can result from changes in both price and quantity.
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Definitions
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Retail Sales Index
Re-basing of the Retail Sales and Food & Beverage Services Indices (2017=100)
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Wholesale Trade Index
Re-Basing of the Wholesale Trade Index (2017=100)
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