Singapore vs Vietnam: Merchandise trade as a proportion of GDP (%)

Singapore
176.2%
in 2024
Vietnam
164.9%
in 2024
Singapore rank
4th
Vietnam rank
5th

Merchandise trade as a proportion of GDP (%) over time

  • Singapore
  • Vietnam
100150200250300350200020122024

How they compare

Singapore currently reports 176.2% against 164.9% in Vietnam, a difference of 11.3%.

That makes Singapore's figure about 1.1 times Vietnam's.

Across all 25 years both countries report, Singapore has been ahead every year.

Singapore ranks 4th and Vietnam ranks 5th of 220 countries.

Singapore has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Singapore Vietnam Difference Ahead
2000s 303.2% 119.6% 183.6% Singapore
2010s 234.1% 132.8% 101.3% Singapore
2020s 189.0% 167.6% 21.4% Singapore

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise trade as a proportion of gdp, Singapore or Vietnam?
Singapore, at 176.2% against 164.9% in Vietnam as of 2024.
What is the difference in merchandise trade as a proportion of gdp between Singapore and Vietnam?
11.3%, with Singapore ahead.
How many years of comparable data are there for Singapore and Vietnam?
25 years are reported by both, from 2000 to 2024.
How do Singapore and Vietnam rank globally for merchandise trade as a proportion of gdp?
Singapore ranks 4th and Vietnam ranks 5th of 220 countries.
Where does this data come from?
United Nations Statistics Division, SDG Global Database, published as Merchandise trade as a proportion of GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Singapore vs Vietnam: Merchandise trade as a proportion of GDP. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 07 November 2026, from https://economy.statizoid.com/compare/merchandise-trade-as-a-proportion-of-gdp-percent/singapore/viet-nam/

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About this data

Indicator
Merchandise trade as a proportion of GDP (%)
Unit
%
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
256 places, 6,207 data points, 2000–2024
Last refreshed