Singapore vs Small states: External balance on goods and services
External balance on goods and services over time
- Singapore
- Small states
How they compare
Singapore currently reports 35.4% against 4.7% in Small states, a difference of 30.7%.
That makes Singapore's figure about 7.5 times Small states's.
Across all 33 years both countries report, Singapore has been ahead every year.
Singapore ranks 4th and Small states ranks 2nd of 193 countries.
Singapore has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Singapore | Small states | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 16.1% | -2.4% | 18.5% | Singapore |
| 2000s | 23.8% | 0.2% | 23.6% | Singapore |
| 2010s | 26.4% | 4.9% | 21.5% | Singapore |
| 2020s | 35.9% | 4.0% | 31.9% | Singapore |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, Singapore or Small states?
- Singapore, at 35.4% against 4.7% in Small states as of 2025.
- What is the difference in external balance on goods and services between Singapore and Small states?
- 30.7%, with Singapore ahead.
- How many years of comparable data are there for Singapore and Small states?
- 33 years are reported by both, from 1993 to 2025.
- How do Singapore and Small states rank globally for external balance on goods and services?
- Singapore ranks 4th and Small states ranks 2nd 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.