External balance on goods and services (current US$) (US current) in Singapore
Singapore: External balance on goods and services (current US$) (US current) was 213.75 billion current US$ in 2025. ◆ Volatile
Latest (2025)
213.75 billion current US$
Change on year
up 3.6%
World rank
3rd
of 193 countries
All-time high
213.75 billion current US$
in 2025
All-time low
-823.74 million current US$
in 1980
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 US$.
Analysis
The most recent figure for external balance on goods and services in Singapore is 213.75 billion current US$, measured in 2025. That is the highest value across all 66 years on record.
The figure is up 3.6% on the previous year and up 154.2% over ten years.
Over the whole period, external balance on goods and services in Singapore peaked at 213.75 billion current US$ in 2025 and was at its lowest, -823.74 million current US$, in 1980.
Singapore ranks 3rd of 193 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services (current US$) (US current) in Singapore, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | -96.24 million current US$ | — |
| 1961 | -111.30 million current US$ | +15.6% |
| 1962 | -85.95 million current US$ | -22.8% |
| 1963 | -133.74 million current US$ | +55.6% |
| 1964 | -97.12 million current US$ | -27.4% |
| 1965 | -107.86 million current US$ | +11.1% |
| 1966 | -79.18 million current US$ | -26.6% |
| 1967 | -90.98 million current US$ | +14.9% |
| 1968 | -78.14 million current US$ | -14.1% |
| 1969 | -156.80 million current US$ | +100.7% |
| 1970 | -365.02 million current US$ | +132.8% |
| 1971 | -461.13 million current US$ | +26.3% |
| 1972 | -423.87 million current US$ | -8.1% |
| 1973 | -334.72 million current US$ | -21.0% |
| 1974 | -784.37 million current US$ | +134.3% |
| 1975 | -525.46 million current US$ | -33.0% |
| 1976 | -439.00 million current US$ | -16.5% |
| 1977 | -97.01 million current US$ | -77.9% |
| 1978 | -280.03 million current US$ | +188.6% |
| 1979 | -525.81 million current US$ | +87.8% |
| 1980 | -823.74 million current US$ | +56.7% |
| 1981 | -483.79 million current US$ | -41.3% |
| 1982 | -294.69 million current US$ | -39.1% |
| 1983 | 103.88 million current US$ | -135.2% |
| 1984 | -38.57 million current US$ | -137.1% |
| 1985 | 57.43 million current US$ | -248.9% |
| 1986 | 489.84 million current US$ | +753.0% |
| 1987 | 620.92 million current US$ | +26.8% |
| 1988 | 2.43 billion current US$ | +290.7% |
| 1989 | 3.36 billion current US$ | +38.4% |
| 1990 | 3.63 billion current US$ | +8.2% |
| 1991 | 6.00 billion current US$ | +65.2% |
| 1992 | 6.33 billion current US$ | +5.4% |
| 1993 | 5.99 billion current US$ | -5.3% |
| 1994 | 11.92 billion current US$ | +98.9% |
| 1995 | 14.74 billion current US$ | +23.7% |
| 1996 | 15.77 billion current US$ | +7.0% |
| 1997 | 14.75 billion current US$ | -6.5% |
| 1998 | 18.43 billion current US$ | +25.0% |
| 1999 | 14.67 billion current US$ | -20.4% |
| 2000 | 11.85 billion current US$ | -19.2% |
| 2001 | 14.81 billion current US$ | +25.0% |
| 2002 | 17.05 billion current US$ | +15.1% |
| 2003 | 27.30 billion current US$ | +60.1% |
| 2004 | 30.35 billion current US$ | +11.2% |
| 2005 | 38.20 billion current US$ | +25.9% |
| 2006 | 45.65 billion current US$ | +19.5% |
| 2007 | 56.58 billion current US$ | +24.0% |
| 2008 | 40.00 billion current US$ | -29.3% |
| 2009 | 45.62 billion current US$ | +14.0% |
| 2010 | 63.10 billion current US$ | +38.3% |
| 2011 | 76.98 billion current US$ | +22.0% |
| 2012 | 71.49 billion current US$ | -7.1% |
| 2013 | 71.09 billion current US$ | -0.6% |
| 2014 | 73.80 billion current US$ | +3.8% |
| 2015 | 84.08 billion current US$ | +13.9% |
| 2016 | 84.21 billion current US$ | +0.2% |
| 2017 | 91.53 billion current US$ | +8.7% |
| 2018 | 112.26 billion current US$ | +22.7% |
| 2019 | 110.67 billion current US$ | -1.4% |
| 2020 | 109.86 billion current US$ | -0.7% |
| 2021 | 157.85 billion current US$ | +43.7% |
| 2022 | 204.54 billion current US$ | +29.6% |
| 2023 | 189.95 billion current US$ | -7.1% |
| 2024 | 206.31 billion current US$ | +8.6% |
| 2025 | 213.75 billion current US$ | +3.6% |
Singapore compared with similar countries
- Singapore's 213.75 billion current US$ is above the median for high income countries, which is 3.43 billion current US$, 62.4× the median. (72 countries reporting)
- Singapore's 213.75 billion current US$ is above the median for East Asia & Pacific, which is -166.62 million current US$. (34 countries reporting)
Biggest year-on-year movements
Years where External balance on goods and services (current US$) (US current) in Singapore changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1986 | +753.0% | 57.43 million current US$ | 489.84 million current US$ |
| 1988 | +290.7% | 620.92 million current US$ | 2.43 billion current US$ |
| 1985 | +248.9% | -38.57 million current US$ | 57.43 million current US$ |
| 1978 | -188.6% | -97.01 million current US$ | -280.03 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -103.73 million current US$ | -156.80 million current US$ | -78.14 million current US$ | 10 |
| 1970s | -423.64 million current US$ | -784.37 million current US$ | -97.01 million current US$ | 10 |
| 1980s | 541.39 million current US$ | -823.74 million current US$ | 3.36 billion current US$ | 10 |
| 1990s | 11.22 billion current US$ | 3.63 billion current US$ | 18.43 billion current US$ | 10 |
| 2000s | 32.74 billion current US$ | 11.85 billion current US$ | 56.58 billion current US$ | 10 |
| 2010s | 83.92 billion current US$ | 63.10 billion current US$ | 112.26 billion current US$ | 10 |
| 2020s | 180.38 billion current US$ | 109.86 billion current US$ | 213.75 billion current US$ | 6 |
Countries ranked near Singapore
- 1 China 816.19 billion current US$ compare
- 2 Ireland 289.94 billion current US$ compare
- 4 Netherlands 149.52 billion current US$ compare
- 5 Germany 119.04 billion current US$ compare
- 6 South Korea 96.70 billion current US$ compare
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)
- SDRs holdings, US dollar, annual growth rate 5.49 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0108 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1,066 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.451 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0079 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 778.55 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 3.63 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0065 units per US$ of GDP (2025)
Frequently asked questions
- What is external balance on goods and services in Singapore?
- External balance on goods and services in Singapore was 213.75 billion current US$ 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 213.75 billion current US$ in 2025.
- What is the lowest external balance on goods and services recorded in Singapore?
- The lowest recorded value was -823.74 million current US$ in 1980.
- How does Singapore rank for external balance on goods and services?
- Singapore ranks 3rd out of 193 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 154.2%. 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 US$). Statizoid updates them automatically from the source API.
Download this data
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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 indicator is expressed in United States dollars.