Qatar vs Singapore: External balance on goods and services
External balance on goods and services over time
- Qatar
- Singapore
How they compare
Qatar currently reports 317.31 billion current LCU against 279.47 billion current LCU in Singapore, a difference of 37.84 billion current LCU.
That makes Qatar's figure about 1.1 times Singapore's.
The two have swapped places 6 times across 43 shared years of data; in 1980 it was Qatar ahead.
Qatar ranks 26th and Singapore ranks 28th of 192 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 | 5.65 billion current LCU | 1.11 billion current LCU | 4.54 billion current LCU | Qatar |
| 1990s | 4.57 billion current LCU | 17.64 billion current LCU | 13.07 billion current LCU | Singapore |
| 2000s | 55.44 billion current LCU | 52.07 billion current LCU | 3.37 billion current LCU | Qatar |
| 2010s | 183.18 billion current LCU | 111.54 billion current LCU | 71.64 billion current LCU | Qatar |
| 2020s | 173.98 billion current LCU | 215.22 billion current LCU | 41.24 billion current LCU | Singapore |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, Qatar or Singapore?
- Qatar, at 317.31 billion current LCU against 279.47 billion current LCU in Singapore as of 2022.
- What is the difference in external balance on goods and services between Qatar and Singapore?
- 37.84 billion current LCU, 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?
- Qatar ranks 26th and Singapore ranks 28th of 192 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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.