Explore Singapore's latest macroeconomic trends and forecasts to inform business strategy and pinpoint opportunities and risks

Singapore Population Distribution in 2021, by Age

  • Population of Singapore reached 5.5 million in 2021 
  • 15-64 years was the largest population group in Singapore in 2021 
  • Below 15 years was the second largest population group in Singapore in 2021 

 

Global Population: Overview  

The entire number of people living in a nation or area is referred to as its population. The economy, female fertility rates, birth rates, mortality rates, healthcare facilities, expanding urbanization, immigration and emigration rates, education, and other social and cultural elements are only a few of the many variables that affect a nation's population growth.  

Currently, the global population is growing at a low single-digit annual rate. The population is projected to grow by 81 million people annually. The population of the world has more than doubled between 1959 and the 2000s. The annual rate of population increase reached its high in the late 1960s. The pace of increase has nearly halved since then, and it is anticipated that it will continue to decrease globally in the coming years. 

Singapore Population Distribution 

The population of Singapore reached 5.5 million in 2021. Singapore had the largest population group with 72.3% (3.9 million) of the population falling into the working-age group of 15-64 years. Below 15 years, was the second-largest population group in Singapore with 15.3% (0.83 million) of the population. 65 years and above was the third largest population group with 12.4% (0.68 million) of the total population in 2021. 

Singapore's population peaked in 2019, surpassing 5 million in 2019. Singapore has a higher percentage of residents who lived in cities. Since the 1960s, its population has always been more concentrated in its urban areas than in its rural ones. The male population of the nation outnumbers the female population by a wide margin. 

Singapore has a declining birth rate and an aging population. The average birth rate (the number of births per 1,000 members of the population) dropped from 16.8 in 1990 to 9.8 in 2021, according to GlobalData. According to GlobalData, Singapore’s the old age dependency ratio as a percentage of the total working age population is forecast to increase from 17.2% in 2021 to 22.3% in 2026.

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