European Union vs Singapore: Trade in services

European Union
25.3%
in 2025
Singapore
133.7%
in 2025
European Union rank
5th
Singapore rank
5th

Trade in services over time

  • European Union
  • Singapore
050100150197219982025

How they compare

Singapore currently reports 133.7% against 25.3% in European Union, a difference of 108.4%.

That makes Singapore's figure about 5.3 times European Union's.

Across all 43 years both countries report, Singapore has been ahead every year.

European Union ranks 5th 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 European Union Singapore Difference Ahead
1970s 8.6% 59.1% 50.5% Singapore
1980s 9.8% 57.5% 47.6% Singapore
1990s 11.5% 58.5% 47.0% Singapore
2000s 16.2% 75.9% 59.7% Singapore
2010s 23.6% 98.3% 74.7% Singapore
2020s 28.9% 128.1% 99.2% Singapore

Averages of every year both report within each decade.

Frequently asked questions

Which has higher trade in services, European Union or Singapore?
Singapore, at 133.7% against 25.3% in European Union as of 2025.
What is the difference in trade in services between European Union and Singapore?
108.4%, with Singapore ahead.
How many years of comparable data are there for European Union and Singapore?
43 years are reported by both, from 1975 to 2025.
How do European Union and Singapore rank globally for trade in services?
European Union ranks 5th 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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European Union vs Singapore: Trade in services. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 16 September 2026, from https://economy.statizoid.com/compare/trade-in-services-percent-of-gdp/european-union/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.