Qatar vs Singapore: External balance on goods and services

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

External balance on goods and services 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 193 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, 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 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?
Qatar ranks 3rd 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.

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Qatar vs Singapore: External balance on goods and services. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 15 September 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-percent-of-gdp/qatar/singapore/

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About this data

Indicator
External balance on goods and services (% of GDP)
Unit
% of GDP
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
237 places, 11,345 data points, 1960–2025
Last refreshed

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.