Singapore's Patent Holdings Jump to 16,430 in 2021, Led by Private Sector
The private sector owned 14,623 patents at end-2021, up from just 1,045 in 2000, while total patents applied reached a record 4,107 in 2022.
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Contains information from "Patents Owned, Applied And Awarded, Annual" accessed on 24 June 2026 from Singapore Department of Statistics (data.gov.
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sg (Singapore Department of Statistics)) which is made available under the terms of the Singapore Open Data Licence version 1.0 (https://beta.data.gov.sg/open-data-licence).
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from Singapore Singapore's stock of patents has grown dramatically over the past three decades, with the private sector acting as the engine of expansion.
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According to annual data from the Department of Statistics, patents owned at year-end climbed from just 204 in 1994 to a peak of 16,430 in 2021, before easing slightly to 14,810 in 2022.
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The private sector accounted for the vast bulk of that growth. In 2000, the first year the series was broken down by ownership, private entities held 1,045 patents.
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By 2021 that figure had multiplied more than fourteen-fold to 14,623. Even as the total dipped in 2022, private holdings remained above 12,700.
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This trajectory is consistent with Singapore's sustained push to position itself as a knowledge-based economy, encouraging corporate research and development through grants, tax incentives, and a robust intellectual-property regime.
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The public sector, while far smaller in absolute terms, also expanded. Its owned patents rose from 223 in 2000 to 2,045 in 2022.
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The private sector owned 14,623 patents at end-2021, up from just 1,045 in 2000, while total patents applied reached a record 4,107 in 2022.