External balance on goods and services in Singapore
Singapore: External balance on goods and services was 279.47 billion current LCU in 2025. ◆ Volatile
External balance on goods and services in Singapore, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2025, external balance on goods and services in Singapore stood at 279.47 billion current LCU.
That represents a change of up 1.4% on the previous year and up 141.8% over ten years.
Over the whole period, external balance on goods and services in Singapore peaked at 281.99 billion current LCU in 2022 and was at its lowest, -1.93 billion current LCU, in 1974.
Singapore ranks 28th of 192 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -317.54 million current LCU | -480.00 million current LCU | -239.20 million current LCU | 10 |
| 1970s | -1.11 billion current LCU | -1.93 billion current LCU | -239.70 million current LCU | 10 |
| 1980s | 1.11 billion current LCU | -1.79 billion current LCU | 6.76 billion current LCU | 10 |
| 1990s | 17.64 billion current LCU | 7.09 billion current LCU | 30.84 billion current LCU | 10 |
| 2000s | 52.07 billion current LCU | 20.43 billion current LCU | 85.27 billion current LCU | 10 |
| 2010s | 111.54 billion current LCU | 86.04 billion current LCU | 151.42 billion current LCU | 10 |
| 2020s | 242.64 billion current LCU | 151.58 billion current LCU | 281.99 billion current LCU | 6 |
Countries ranked near Singapore
More economy & growth data for Singapore
- DEC alternative conversion factor 1.31 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -14.11 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -10.79 billion current US$ (2025)
- Taxes less subsidies on products 45.11 billion current LCU (2025)
- Taxes less subsidies on products 34.50 billion current US$ (2025)
- Net primary income (Net income from abroad) -133.40 billion current LCU (2025)
- Net primary income (Net income from abroad) -102.03 billion current US$ (2025)
- GNI per capita 107,365 current LCU (2025)
- GNI per capita, Atlas method 81,760 current US$ (2025)
- GNI 656.13 billion current LCU (2025)
Frequently asked questions
- What is external balance on goods and services in Singapore?
- External balance on goods and services in Singapore was 279.47 billion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Singapore?
- The highest recorded value was 281.99 billion current LCU in 2022.
- What is the lowest external balance on goods and services recorded in Singapore?
- The lowest recorded value was -1.93 billion current LCU in 1974.
- How does Singapore rank for external balance on goods and services?
- Singapore ranks 28th out of 192 countries with data for 2025.
- Is external balance on goods and services rising or falling in Singapore?
- Over the last ten years it is up 141.8%. The long-run trend across the full record is volatile.
- Where does this Singapore data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (current LCU). Statizoid updates them automatically from the source API.
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About this data
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 series is expressed in local currency units.