Europe & Central Asia vs Singapore: Trade in services

Europe & Central Asia
24.4%
in 2025
Singapore
133.7%
in 2025
Europe & Central Asia rank
7th
Singapore rank
5th

Trade in services over time

  • Europe & Central Asia
  • Singapore
0255075100125197219982025

How they compare

Singapore currently reports 133.7% against 24.4% in Europe & Central Asia, a difference of 109.3%.

That makes Singapore's figure about 5.5 times Europe & Central Asia's.

Across all 48 years both countries report, Singapore has been ahead every year.

Europe & Central Asia ranks 7th and Singapore ranks 5th of 47 groups.

Singapore has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade Europe & Central Asia Singapore Difference Ahead
1970s 9.2% 59.1% 49.9% Singapore
1980s 10.2% 57.5% 47.3% Singapore
1990s 11.8% 53.3% 41.5% Singapore
2000s 16.2% 75.9% 59.7% Singapore
2010s 21.8% 98.3% 76.5% Singapore
2020s 26.0% 128.1% 102.2% Singapore

Averages of every year both report within each decade.

Frequently asked questions

Which has higher trade in services, Europe & Central Asia or Singapore?
Singapore, at 133.7% against 24.4% in Europe & Central Asia as of 2025.
What is the difference in trade in services between Europe & Central Asia and Singapore?
109.3%, with Singapore ahead.
How many years of comparable data are there for Europe & Central Asia and Singapore?
48 years are reported by both, from 1975 to 2025.
How do Europe & Central Asia and Singapore rank globally for trade in services?
Europe & Central Asia ranks 7th and Singapore ranks 5th of 47 groups.
Where does this data come from?
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Trade in services (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Europe & Central Asia vs Singapore: Trade in services. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 17 September 2026, from https://economy.statizoid.com/compare/trade-in-services-percent-of-gdp/europe-and-central-asia/singapore/

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About this data

Indicator
Trade in services (% of GDP)
Unit
% of GDP
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
247 places, 9,893 data points, 1960–2025
Last refreshed

Total trade in services includes services provided by residents to non-residents plus services provided by non-residents to residents. 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.