External balance on goods and services in Singapore
Singapore: External balance on goods and services was 213.75 billion current US$ 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 US$.
Analysis
The most recent figure for external balance on goods and services in Singapore is 213.75 billion current US$, measured in 2025. That is the highest value across all 66 years on record.
The figure is up 3.6% on the previous year and up 154.2% over ten years.
Over the whole period, external balance on goods and services in Singapore peaked at 213.75 billion current US$ in 2025 and was at its lowest, -823.74 million current US$, in 1980.
Singapore ranks 3rd of 192 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -103.73 million current US$ | -156.80 million current US$ | -78.14 million current US$ | 10 |
| 1970s | -423.64 million current US$ | -784.37 million current US$ | -97.01 million current US$ | 10 |
| 1980s | 541.39 million current US$ | -823.74 million current US$ | 3.36 billion current US$ | 10 |
| 1990s | 11.22 billion current US$ | 3.63 billion current US$ | 18.43 billion current US$ | 10 |
| 2000s | 32.74 billion current US$ | 11.85 billion current US$ | 56.58 billion current US$ | 10 |
| 2010s | 83.92 billion current US$ | 63.10 billion current US$ | 112.26 billion current US$ | 10 |
| 2020s | 180.38 billion current US$ | 109.86 billion current US$ | 213.75 billion current US$ | 6 |
Countries ranked near Singapore
- 1 China 816.19 billion current US$ compare
- 2 Ireland 289.94 billion current US$ compare
- 4 Netherlands 149.52 billion current US$ compare
- 5 Germany 119.04 billion current US$ compare
- 6 South Korea 96.70 billion current US$ compare
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 213.75 billion current US$ 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 213.75 billion current US$ in 2025.
- What is the lowest external balance on goods and services recorded in Singapore?
- The lowest recorded value was -823.74 million current US$ in 1980.
- How does Singapore rank for external balance on goods and services?
- Singapore ranks 3rd 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 154.2%. 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 US$). 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 indicator is expressed in United States dollars.