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

Ireland
40.2%
in 2025
Singapore
35.4%
in 2025
Ireland rank
2nd
Singapore rank
4th

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

  • Ireland
  • Singapore
-2002040196019922025

How they compare

Ireland currently reports 40.2% against 35.4% in Singapore, a difference of 4.8%.

That makes Ireland's figure about 1.1 times Singapore's.

The two have swapped places 14 times across 56 shared years of data; in 1970 it was Ireland ahead.

Ireland ranks 2nd and Singapore ranks 4th of 191 countries.

Across the 6 decades both report, Ireland averaged higher in 2 and Singapore in 4.

Head to head by decade

Decade Ireland Singapore Difference Ahead
1970s -9.4% -10.6% 1.2% Ireland
1980s -2.4% 1.5% 3.9% Singapore
1990s 9.4% 14.8% 5.4% Singapore
2000s 12.5% 23.8% 11.2% Singapore
2010s 19.7% 26.4% 6.6% Singapore
2020s 36.5% 35.9% 0.6% Ireland

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, Ireland or Singapore?
Ireland, at 40.2% against 35.4% in Singapore as of 2025.
What is the difference in external balance on goods and services as a percent of gdp between Ireland and Singapore?
4.8%, with Ireland ahead.
How many years of comparable data are there for Ireland and Singapore?
56 years are reported by both, from 1970 to 2025.
How do Ireland and Singapore rank globally for external balance on goods and services as a percent of gdp?
Ireland ranks 2nd 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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Ireland 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 16 September 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-as-a-percent-of-gdp/ireland/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.