The F&B sector contributed S$1.7 billion or 0.9% to Singapore’s Gross Domestic Product (GDP) in 2005.

Sector Snapshot

• There are 4,476 establishments in the F&B sector that generate some S$4.17 billion dollars for the economy. In total, they hire 68,343 of Singapore’s workforce.
  
  

  Facts & Figures (2005)
  Total Number of F&B establishments	↓4,476
  Total Number of workers in the sector	↑68,343
  Operating Receipts	↑S$4.17 billion
  Operating Expenditure	↑S$4.05 billion
  Operating Surplus	↑S$258 million
  Value Added	↑S$1.36 billion
  Profitability Ratio	↓6.2%
  Average Annual Remuneration per Employee	↑S$16,300

  ↓decrease from previous year ↑from previous year

Business Costs

• F&B establishments spend the most in F&B purchases, remuneration of employees and rental.
   

  Type Of Cost	% Of Cost (2005)
  Food & Beverage Purchases	34.1%
  Remuneration of Employees	26.9%
  Rental of Premises	17.7%
  Utilities	3.8%