International trade in services in Singapore
Singapore: International trade in services was -33,826 Euros, exchange rate converted in 2024. ◆ Volatile
International trade in services in Singapore, 2000–2024
Source: Organisation for Economic Co-operation and Development. Measured in Euros, exchange rate converted.
Analysis
Singapore recorded -33,826 Euros, exchange rate converted for international trade in services in 2024.
Compared with earlier readings it is up 4.2% on the previous year and down 167.8% over ten years.
Over the whole period, international trade in services in Singapore peaked at -1,698 Euros, exchange rate converted in 2006 and was at its lowest, -35,325 Euros, exchange rate converted, in 2023.
That places Singapore 19th out of 21 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -3,439 Euros, exchange rate converted | -6,125 Euros, exchange rate converted | -1,698 Euros, exchange rate converted | 10 |
| 2010s | -12,627 Euros, exchange rate converted | -21,562 Euros, exchange rate converted | -5,786 Euros, exchange rate converted | 10 |
| 2020s | -25,486 Euros, exchange rate converted | -35,325 Euros, exchange rate converted | -16,408 Euros, exchange rate converted | 5 |
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)
- 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)
- Taxes less subsidies on products (current LCU), annual growth rate 9.64 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.0747 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 7,381 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.5686 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 1.76 (2025)
Frequently asked questions
- What is international trade in services in Singapore?
- International trade in services in Singapore was -33,826 Euros, exchange rate converted in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest international trade in services recorded in Singapore?
- The highest recorded value was -1,698 Euros, exchange rate converted in 2006.
- What is the lowest international trade in services recorded in Singapore?
- The lowest recorded value was -35,325 Euros, exchange rate converted in 2023.
- How does Singapore rank for international trade in services?
- Singapore ranks 19th out of 21 countries with data for 2024.
- Is international trade in services rising or falling in Singapore?
- Over the last ten years it is down 167.8%. The long-run trend across the full record is volatile.
- Where does this Singapore data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of International trade in services. Statizoid updates them automatically from the source API.
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About this data
Metadata by country are available in English and French. Please click on the link below: https://webfs-sdd.oecd.org/files/.Stat/ITSS/TradeInServices_metadata_allCountries.docx. The aim of this dataflow International Trade in Services EBOPS 2010 (by partner country) is to collect and disseminate balance of payments data on international trade in services at the most detailed partner country level available. To the extent that countries report them, data are also broken down by type of service according to the EBOPS 2010 classification. There has been a growing interest in monitoring patterns of trade in services around the world, which is partly associated with ongoing trade negotiations and partly due to the increasing importance of services in OECD economies. It has been developed to supplement other OECD publications on trade in services to address the data needs of trade analysts. It is also an important part of OECD's programme to facilitate the implementation of the recommendations of the revised Manual on Statistics of International Trade in Services 2010. The currency unit used for all series is: Millions of US dollars or Millions of National Currency or Millions of Euros. OECD statistics contact: stat.contact@oecd.org http://www.oecd.org/sdd