Value of construction demand Singapore 2014-2023

Published by Lucas Romero, Apr 26, 2024

In 2023, the construction demands in Singapore was approximately 33.8 billion Singapore dollars. This was an increase from the construction demand in 2020. The construction industry was one of the most hard hit by the COVID-19 pandemic.

Value of construction contracts awarded in Singapore from 2014 to 2023 (in billion Singapore dollars)

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Release date

April 2024

Region

Singapore

Survey time period

2014 to 2023

Supplementary notes

1 Singapore dollar is equal to 0.73 U.S. dollars and 0.69 euros as of April 2024.

Figures have been rounded.

Data includes building and civil engineering work, but excludes reclamation works.

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