In a report that's as meaty as a well-marbled steak, the Global Wellness Institute (GWI) has unveiled new findings on Singapore's rapidly growing wellness economy. Valued at US$23.2 billion in 2024, Singapore's wellness economy rose to #37 globally, up from #42 in 2021, when it was valued at US$15 billion.
The report, part of GWI's Geography of Wellness platform, was developed through collaboration with the Singapore Tourism Board (STB). Singapore became GWI's first country partner when the initiative launched in 2022.
"Singapore has become one of the world's most compelling examples of how wellness can be woven into the fabric of urban life," said Susie Ellis, chair and CEO of GWI. "What distinguishes Singapore is its holistic approach — combining nature, infrastructure, preventive health, movement, science-backed wellness and longevity initiatives into everyday experiences for both residents and visitors."
Singapore's wellness economy has reached more than US$23 billion, with over 1 million inbound wellness trips. The country's strong growth across wellness tourism, wellness real estate and mental wellness reflects rising global demand for destinations that support healthier, more balanced living.
Wellness real estate emerged as a standout performer for Singapore, expanding at an annual rate of 28% between 2019 and 2024, reaching a market value of $3.84 billion and ranking #14 globally. Wellness tourism and mental wellness also posted exceptional year-over-year growth, increasing by 27.7% and 28.1%, respectively.
Singapore's unique position as a leading urban wellness destination is reflected in its modern infrastructure combined with extensive green spaces, preventive healthcare initiatives, and accessible wellness experiences for residents and visitors alike. The city-state's emphasis on public health and wellbeing is also reflected in its longevity outcomes, with life expectancy increasing by more than 25 years in recent decades.
The country's Park Connector Network, a system of over 300 kilometers of trails and greenways that connects major attractions, encourages walking, running, cycling, and other forms of active mobility that seamlessly integrate wellness into daily life. The city-state also invests heavily in public transportation and green spaces to encourage healthy lifestyles.
Singapore's national policies and programs designed to encourage healthier lifestyles include government investment in public transportation and green spaces, initiatives such as Healthier SG, a nationwide preventive healthcare initiative that encourages residents to build long-term relationships with family doctors, adopt healthier lifestyles, and proactively manage their health.
The report highlights Singapore's growing focus on science-backed wellness, longevity, and integrated wellness hospitality experiences. The country continues to expand its wellness tourism offerings, including the development of a large-scale wellness attraction along Marina South Coast featuring thermal pools, saunas, steam baths, and family-friendly wellness amenities.
Singapore Tourism Board Director Ashlynn Loo said, "GWI's research and findings continue to demonstrate Singapore's strengths as an urban wellness destination. These invaluable insights validate STB's Tourism 2040 strategy, which identifies wellness as a key growth opportunity."
The report is available for download from the GWI website, where you can also learn more about Singapore's wellness economy.
In conclusion, Singapore's wellness economy has reached new heights, driven by its holistic approach to wellness and commitment to providing accessible wellness experiences. As the demand for healthier lifestyles continues to grow globally, Singapore remains a compelling example of how wellness can be woven into the fabric of urban life.
Written by: The Logfather | The Citizen Edition
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