Bermuda vs Singapore: External balance on goods and services as a percent of GDP

Bermuda
30.1%
in 2024
Singapore
35.4%
in 2025
Bermuda rank
7th
Singapore rank
4th

External balance on goods and services as a percent of GDP over time

  • Bermuda
  • Singapore
-2002040196019922025

How they compare

Singapore currently reports 35.4% against 30.1% in Bermuda, a difference of 5.3%.

That makes Singapore's figure about 1.2 times Bermuda's.

The two have swapped places 1 time across 15 shared years of data; in 2010 it was Bermuda ahead.

Bermuda ranks 7th and Singapore ranks 4th of 191 countries.

Across the 2 decades both report, Bermuda averaged higher in 1 and Singapore in 1.

Head to head by decade

Decade Bermuda Singapore Difference Ahead
2010s 26.4% 26.4% 0.1% Bermuda
2020s 25.7% 36.0% 10.3% Singapore

Averages of every year both report within each decade.

Frequently asked questions

Which has higher external balance on goods and services as a percent of gdp, Bermuda or Singapore?
Singapore, at 35.4% against 30.1% in Bermuda as of 2025.
What is the difference in external balance on goods and services as a percent of gdp between Bermuda and Singapore?
5.3%, with Singapore ahead.
How many years of comparable data are there for Bermuda and Singapore?
15 years are reported by both, from 2010 to 2024.
How do Bermuda and Singapore rank globally for external balance on goods and services as a percent of gdp?
Bermuda ranks 7th and Singapore ranks 4th of 191 countries.
Where does this data come from?
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as External balance on goods and services as a percent of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Bermuda vs Singapore: External balance on goods and services as a percent of GDP. Statizoid, drawing on National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Retrieved 14 September 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-as-a-percent-of-gdp/bermuda/singapore/

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About this data

Indicator
External balance on goods and services as a percent of GDP
Unit
% of GDP
Source
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
191 places, 9,006 data points, 1960–2025
Last refreshed

Exports of goods and services minus imports of goods and services divided by gross domestic product, expressed as a percentage.