External balance on goods and services in Singapore
Singapore: External balance on goods and services was 279.47 billion current LCU in 2025. ◆ Volatile
Latest (2025)
279.47 billion current LCU
Change on year
up 1.4%
World rank
28th
of 192 countries
All-time high
281.99 billion current LCU
in 2022
All-time low
-1.93 billion current LCU
in 1974
Years of data
66
1960–2025
External balance on goods and services in Singapore, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2025, external balance on goods and services in Singapore stood at 279.47 billion current LCU.
That represents a change of up 1.4% on the previous year and up 141.8% over ten years.
Over the whole period, external balance on goods and services in Singapore peaked at 281.99 billion current LCU in 2022 and was at its lowest, -1.93 billion current LCU, in 1974.
Singapore ranks 28th of 192 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services in Singapore, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | -294.60 million current LCU | — |
| 1961 | -340.70 million current LCU | +15.6% |
| 1962 | -263.10 million current LCU | -22.8% |
| 1963 | -409.40 million current LCU | +55.6% |
| 1964 | -297.30 million current LCU | -27.4% |
| 1965 | -330.20 million current LCU | +11.1% |
| 1966 | -242.40 million current LCU | -26.6% |
| 1967 | -278.50 million current LCU | +14.9% |
| 1968 | -239.20 million current LCU | -14.1% |
| 1969 | -480.00 million current LCU | +100.7% |
| 1970 | -1.12 billion current LCU | +132.8% |
| 1971 | -1.41 billion current LCU | +26.3% |
| 1972 | -1.29 billion current LCU | -8.4% |
| 1973 | -941.40 million current LCU | -27.2% |
| 1974 | -1.93 billion current LCU | +104.7% |
| 1975 | -1.28 billion current LCU | -33.6% |
| 1976 | -1.04 billion current LCU | -18.7% |
| 1977 | -239.70 million current LCU | -77.0% |
| 1978 | -683.10 million current LCU | +185.0% |
| 1979 | -1.20 billion current LCU | +75.0% |
| 1980 | -1.79 billion current LCU | +49.8% |
| 1981 | -1.04 billion current LCU | -42.2% |
| 1982 | -622.60 million current LCU | -39.9% |
| 1983 | 222.30 million current LCU | -135.7% |
| 1984 | -81.50 million current LCU | -136.7% |
| 1985 | 122.50 million current LCU | -250.3% |
| 1986 | 1.08 billion current LCU | +779.8% |
| 1987 | 1.35 billion current LCU | +25.5% |
| 1988 | 5.11 billion current LCU | +277.9% |
| 1989 | 6.76 billion current LCU | +32.2% |
| 1990 | 7.09 billion current LCU | +4.9% |
| 1991 | 10.37 billion current LCU | +46.4% |
| 1992 | 10.31 billion current LCU | -0.6% |
| 1993 | 9.68 billion current LCU | -6.1% |
| 1994 | 18.20 billion current LCU | +88.0% |
| 1995 | 20.89 billion current LCU | +14.8% |
| 1996 | 22.23 billion current LCU | +6.4% |
| 1997 | 21.90 billion current LCU | -1.5% |
| 1998 | 30.84 billion current LCU | +40.8% |
| 1999 | 24.87 billion current LCU | -19.4% |
| 2000 | 20.43 billion current LCU | -17.8% |
| 2001 | 26.54 billion current LCU | +29.9% |
| 2002 | 30.53 billion current LCU | +15.0% |
| 2003 | 47.55 billion current LCU | +55.8% |
| 2004 | 51.29 billion current LCU | +7.9% |
| 2005 | 63.58 billion current LCU | +24.0% |
| 2006 | 72.53 billion current LCU | +14.1% |
| 2007 | 85.27 billion current LCU | +17.6% |
| 2008 | 56.60 billion current LCU | -33.6% |
| 2009 | 66.35 billion current LCU | +17.2% |
| 2010 | 86.04 billion current LCU | +29.7% |
| 2011 | 96.83 billion current LCU | +12.5% |
| 2012 | 89.34 billion current LCU | -7.7% |
| 2013 | 88.96 billion current LCU | -0.4% |
| 2014 | 93.51 billion current LCU | +5.1% |
| 2015 | 115.59 billion current LCU | +23.6% |
| 2016 | 116.34 billion current LCU | +0.6% |
| 2017 | 126.39 billion current LCU | +8.6% |
| 2018 | 151.42 billion current LCU | +19.8% |
| 2019 | 150.97 billion current LCU | -0.3% |
| 2020 | 151.58 billion current LCU | +0.4% |
| 2021 | 212.07 billion current LCU | +39.9% |
| 2022 | 281.99 billion current LCU | +33.0% |
| 2023 | 255.06 billion current LCU | -9.6% |
| 2024 | 275.67 billion current LCU | +8.1% |
| 2025 | 279.47 billion current LCU | +1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -317.54 million current LCU | -480.00 million current LCU | -239.20 million current LCU | 10 |
| 1970s | -1.11 billion current LCU | -1.93 billion current LCU | -239.70 million current LCU | 10 |
| 1980s | 1.11 billion current LCU | -1.79 billion current LCU | 6.76 billion current LCU | 10 |
| 1990s | 17.64 billion current LCU | 7.09 billion current LCU | 30.84 billion current LCU | 10 |
| 2000s | 52.07 billion current LCU | 20.43 billion current LCU | 85.27 billion current LCU | 10 |
| 2010s | 111.54 billion current LCU | 86.04 billion current LCU | 151.42 billion current LCU | 10 |
| 2020s | 242.64 billion current LCU | 151.58 billion current LCU | 281.99 billion current LCU | 6 |
Countries ranked near Singapore
More economy & growth data for Singapore
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.99 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.5 Percent per annum (2029)
- GNI (current LCU), annual growth rate 3.67 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 1.09 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 107,365 current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual -2.8 % change on previous year (2025)
- Net primary income (Net income from abroad) (current LCU), annual -0.5874 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 12.05 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0571 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 5,645 current US$ per person (2025)
Frequently asked questions
- What is external balance on goods and services in Singapore?
- External balance on goods and services in Singapore was 279.47 billion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Singapore?
- The highest recorded value was 281.99 billion current LCU in 2022.
- What is the lowest external balance on goods and services recorded in Singapore?
- The lowest recorded value was -1.93 billion current LCU in 1974.
- How does Singapore rank for external balance on goods and services?
- Singapore ranks 28th out of 192 countries with data for 2025.
- Is external balance on goods and services rising or falling in Singapore?
- Over the last ten years it is up 141.8%. The long-run trend across the full record is volatile.
- Where does this Singapore data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.