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Singapore Digital Economy Report

All you need to know about Singapore’s Digital Economy in this inaugural report

About

Singapore’s Digital Economy is significant and has experienced strong growth in recent years. It contributed an estimated S$106 billion or 17.3% of Singapore’s gross domestic product (GDP) in 2022, up from S$58 billion or 13% of GDP in 2017. These are among several key findings published in the inaugural Singapore Digital Economy (SGDE) Report, developed by the Infocomm Media Development Authority (IMDA) in partnership with the Lee Kuan Yew School of Public Policy. The report allows IMDA to assess the state of our Digital Economy and better monitor its direction and pace of change over time.

Singapore’s Digital Economy is significant and has seen remarkable growth over the years, underscoring how IMDA’s efforts in driving Singapore’s digital transformation are bearing fruit.

Mr Lew Chuen Hong

Chief Executive, IMDA

Key areas covered in the Singapore Digital Economy Report

Download the SGDE report to gain first-hand insights on:

  1. The contribution of the Digital Economy to GDP growth;

  2. Trends in tech adoption; and

  3. Employment of tech professionals in our workforce

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Singapore Digital Economy Report

This report captures the Digital Economy’s impact on GDP growth, trends in tech adoption and demand for tech professionals.

Download report

IMDA’s Annual Report

Published alongside the SGDE report is IMDA’s annual report for the past Financial Year from 1 April 2022 to 31 March 2023. The annual report provides a snapshot of IMDA’s efforts and achievements in steering Singapore towards a digital future in the past year.

Key areas covered in IMDA’s Annual Report

Download the annual report to gain first-hand insights on how IMDA is:  

  1. Building a pipeline of tech talent
  2. Forging a digitally-enabled future for all
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Annual Report 2022 2023

This report captures IMDA’s milestones in the past Financial Year from 1 April 2022 to 31 March 2023.

Download report

Understanding both reports

  • Insights on Singapore’s Digital Economy as a whole

  • Focuses on:

    • Contribution of the Digital Economy to Singapore’s GDP growth

    • Trends in tech adoption among Small and Medium Enterprises (SMEs)

    • Employment of tech professionals in our workforce 

LAST UPDATED: 06 OCT 2023