Ireland vs Singapore: External balance on goods and services
External balance on goods and services over time
- Ireland
- Singapore
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 193 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, 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 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?
- Ireland ranks 2nd and Singapore ranks 4th 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.