Singapore vs Western Europe: Merchandise trade as a proportion of GDP
Singapore
176.2%
in 2024
Western Europe
75.8%
in 2024
Singapore rank
4th
Western Europe rank
4th
Merchandise trade as a proportion of GDP over time
- Singapore
- Western Europe
How they compare
Singapore currently reports 176.2% against 75.8% in Western Europe, a difference of 100.4%.
That makes Singapore's figure about 2.3 times Western Europe's.
Across all 25 years both countries report, Singapore has been ahead every year.
Singapore ranks 4th and Western Europe ranks 4th of 218 countries.
Singapore has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Singapore | Western Europe | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 303.2% | 66.9% | 236.3% | Singapore |
| 2010s | 234.1% | 75.9% | 158.3% | Singapore |
| 2020s | 189.0% | 79.6% | 109.4% | 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 Western Europe?
- Singapore, at 176.2% against 75.8% in Western Europe as of 2024.
- What is the difference in merchandise trade as a proportion of gdp between Singapore and Western Europe?
- 100.4%, with Singapore ahead.
- How many years of comparable data are there for Singapore and Western Europe?
- 25 years are reported by both, from 2000 to 2024.
- How do Singapore and Western Europe rank globally for merchandise trade as a proportion of gdp?
- Singapore ranks 4th and Western Europe ranks 4th of 218 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.