Singapore vs United Arab Emirates: External balance on goods and services
External balance on goods and services over time
- Singapore
- United Arab Emirates
How they compare
United Arab Emirates currently reports 281.13 billion current LCU against 279.47 billion current LCU in Singapore, a difference of 1.66 billion current LCU.
The two have swapped places 6 times across 23 shared years of data; in 2001 it was United Arab Emirates ahead.
Singapore ranks 28th and United Arab Emirates ranks 27th of 193 countries.
United Arab Emirates has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Singapore | United Arab Emirates | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 55.58 billion current LCU | 71.35 billion current LCU | 15.76 billion current LCU | United Arab Emirates |
| 2010s | 111.54 billion current LCU | 388.00 billion current LCU | 276.47 billion current LCU | United Arab Emirates |
| 2020s | 225.18 billion current LCU | 276.48 billion current LCU | 51.30 billion current LCU | United Arab Emirates |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, Singapore or United Arab Emirates?
- United Arab Emirates, at 281.13 billion current LCU against 279.47 billion current LCU in Singapore as of 2023.
- What is the difference in external balance on goods and services between Singapore and United Arab Emirates?
- 1.66 billion current LCU, with United Arab Emirates ahead.
- How many years of comparable data are there for Singapore and United Arab Emirates?
- 23 years are reported by both, from 2001 to 2023.
- How do Singapore and United Arab Emirates rank globally for external balance on goods and services?
- Singapore ranks 28th and United Arab Emirates ranks 27th of 193 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.
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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 series is expressed in local currency units.