South Korea vs Singapore: External balance on goods and services

South Korea
96.70 billion current US$
in 2025
Singapore
213.75 billion current US$
in 2025
South Korea rank
6th
Singapore rank
3rd

External balance on goods and services over time

  • South Korea
  • Singapore
050.0B100.0B150.0B200.0B196019922025

How they compare

Singapore currently reports 213.75 billion current US$ against 96.70 billion current US$ in South Korea, a difference of 117.05 billion current US$.

That makes Singapore's figure about 2.2 times South Korea's.

The two have swapped places 6 times across 66 shared years of data; in 1960 it was Singapore ahead.

Globally, South Korea ranks 6th and Singapore ranks 3rd of 192 countries.

Individual pages

About this data

Indicator
External balance on goods and services (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
192 places, 9,040 data points, 1960–2025
Last refreshed

The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.