Singapore ecommerce
22 verified facts tracked for this market — each with its source, reporting period and evidence tier. Tier 1 = primary institutions (central banks, statistical offices); tier 2 = disclosed industry panels.
| Metric | Value | Geo | Period | Tier | Source |
|---|---|---|---|---|---|
| Online retail sales as share of total retail sales, Singapore | 15.4percent of total retail sales value | SG | April 2026 (down from 15.6% in March 2026) | T1 | singstat.gov.sg |
| Average monthly household online (e-commerce) expenditure, Singapore, Household Expenditure Survey | 707SGD/month | SG | 2023 (up from SGD 244 in 2017/18) | T1 | singstat.gov.sg |
| E-commerce revenue, Computer & Telecommunications Equipment retail category, Singapore, Annual Services Statistics | 704 (2019) -> 1810 (2023)SGD million e-commerce revenue | SG | 2019-2023 | T1 | tablebuilder.singstat.gov.sg |
| E-commerce revenue, Retail Trade sector (SSIC 47), Singapore, Annual Services Statistics | 1813 (2016) -> 6972 (2023)SGD million e-commerce revenue | SG | 2016-2023 | T1 | tablebuilder.singstat.gov.sg |
| Individuals using the Internet, Singapore, World Bank (ITU World Telecommunication/ICT Development Report & database) | 79.03 (2014) -> 94.38 (2024)% of population | SG | 2014-2024 | T1 | data.worldbank.org |
| New retail trade business entities formed, Singapore, Annual Business Formation Statistics | 6145 (2023) -> 7701 (2025)count of new business entities formed | SG | 2023-2025 | T1 | tablebuilder.singstat.gov.sg |
| Singapore residents aged 18+ who made an online purchase in the past year (SingStat/IMDA household survey) | 50.45 (2017) -> 70.58 (2024)% of residents aged 18+ | SG | 2017-2024 | T1 | tablebuilder.singstat.gov.sg |
| Adults who used a mobile phone or the internet to buy something online, by country, World Bank Global Findex | 58.4% of population age 15+ | SG | 2021 | T1 | data.worldbank.org |
| Adults who used a mobile phone or the internet to buy something online, by income group (poorest 40% vs richest 60%), Wo | 49.3% of population age 15+ | SG | 2021 | T1 | data.worldbank.org |
| Business-to-consumer e-commerce revenue, total services sector, Singapore | 19693SGD million | SG | 2016 | T1 | tablebuilder.singstat.gov.sg |
| Gross National Income per capita, PPP, by country, World Bank | 126630current international $ | SG | 2024 | T1 | data.worldbank.org |
| Internet users by country, World Bank (individuals using the Internet, % of population) | 94.4% of population | SG | 2024 | T1 | data.worldbank.org |
| Made a cash payment upon delivery for an online purchase, Singapore, World Bank Global Findex | 1.51% of population age 15+ | SG | 2021 | T1 | data.worldbank.org |
| Made a digital online merchant payment for an online purchase, Singapore, World Bank Global Findex | 56.62% of population age 15+ | SG | 2021 | T1 | data.worldbank.org |
| Used mobile phone or internet to buy online, young adults 15-24, Singapore, World Bank Global Findex | 69.1359654617998% of population age 15-24 | SG | 2021 | T1 | data.worldbank.org |
| World Bank Logistics Performance Index (Overall score), by Southeast Asia country | 4.3index score 1 | SG | T1 | data.worldbank.org | |
| B2B SaaS revenue growth rate, quarterly compound annual growth rate (CAGR), Paddle/ProfitWell Subscription Index | 5.1% CAGR B2B revenue growth in Q2 2025 | GLOBAL | Q2 2025 | T2 | paddle.com |
| APAC customers who had a negative subscription-commerce experience, mainly due to difficult cancellation | 79percent | APAC | 2022 | T2 | stripe.com |
| APAC online shoppers who abandon a purchase if checkout takes over three minutes | 49percent | APAC | 2022 | T2 | stripe.com |
| APAC online shoppers who abandon cart when preferred payment method unavailable | 84percent | APAC | 2022 | T2 | stripe.com |
Connected markets
Same vertical, other geographies
- India ecommerce · 27 facts
- Indonesia ecommerce · 22 facts
- Vietnam ecommerce · 16 facts
- Latin America E-commerce · 13 facts
- Southeast Asia E-commerce · 12 facts
Same geography, other verticals
- Singapore fintech · 15 facts
Related benchmarks
Building in this market?
Validate your idea against this data inside God of Startups. Your idea is checked against the market, never shared with it.