Population, Total for Singapore
POPTOTSGA647NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,036,860.00
Year-over-Year Change
13.64%
Date Range
1/1/1960 - 1/1/2024
Summary
The 'Population, Total for Singapore' trend measures the total population of Singapore, providing valuable insights into demographic changes and socioeconomic patterns.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This economic indicator tracks the overall size of Singapore's population, which is an essential metric for policymakers, urban planners, and market analysts to understand the country's labor force, consumer demand, and infrastructure needs.
Methodology
The data is collected and reported by the World Bank, drawing from official government sources.
Historical Context
Monitoring population trends is crucial for Singapore's economic and social development strategies.
Key Facts
- Singapore's population reached 5.9 million in 2022.
- The population growth rate in Singapore was 0.9% in 2021.
- Singapore has one of the highest population densities in the world.
FAQs
Q: What does this economic trend measure?
A: The 'Population, Total for Singapore' trend measures the total number of people residing in Singapore, including citizens and non-citizens.
Q: Why is this trend relevant for users or analysts?
A: This population data is crucial for understanding Singapore's labor force, consumer demand, and infrastructure needs, making it relevant for policymakers, urban planners, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank, drawing from official government sources in Singapore.
Q: How is this trend used in economic policy?
A: Monitoring population trends is essential for Singapore's economic and social development strategies, as it informs decisions on employment, housing, transportation, and other key policy areas.
Q: Are there update delays or limitations?
A: The population data is typically updated annually, with a slight delay due to the time required for data collection and reporting.
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Citation
U.S. Federal Reserve, Population, Total for Singapore (POPTOTSGA647NWDB), retrieved from FRED.