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

Qatar
37.0%
in 2022
Singapore
35.4%
in 2025
Qatar rank
3rd
Singapore rank
4th

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

  • Qatar
  • Singapore
-2002040196019922025

How they compare

Qatar currently reports 37.0% against 35.4% in Singapore, a difference of 1.6%.

The two have swapped places 9 times across 43 shared years of data; in 1980 it was Qatar ahead.

Qatar ranks 3rd and Singapore ranks 4th of 191 countries.

Across the 5 decades both report, Qatar averaged higher in 3 and Singapore in 2.

Head to head by decade

Decade Qatar Singapore Difference Ahead
1980s 21.5% 1.5% 20.0% Qatar
1990s 13.6% 14.8% 1.2% Singapore
2000s 32.8% 23.8% 9.0% Qatar
2010s 28.7% 26.4% 2.3% Qatar
2020s 23.3% 35.6% 12.3% 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, Qatar or Singapore?
Qatar, at 37.0% against 35.4% in Singapore as of 2022.
What is the difference in external balance on goods and services as a percent of gdp between Qatar and Singapore?
1.6%, with Qatar ahead.
How many years of comparable data are there for Qatar and Singapore?
43 years are reported by both, from 1980 to 2022.
How do Qatar and Singapore rank globally for external balance on goods and services as a percent of gdp?
Qatar ranks 3rd 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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Qatar 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 15 September 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-as-a-percent-of-gdp/qatar/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.