Net secondary income in Singapore
Singapore: Net secondary income was -10.79 billion BoP, current US$ in 2025. ◆ Volatile
Net secondary income in Singapore, 1972–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Singapore recorded -10.79 billion BoP, current US$ for net secondary income in 2025. That is the lowest value across all 54 years on record.
Compared with earlier readings it is down 26.8% on the previous year and down 96.7% over ten years.
Over the whole period, net secondary income in Singapore peaked at 2.49 million BoP, current US$ in 1972 and was at its lowest, -10.79 billion BoP, current US$, in 2025.
Singapore ranks 187th of 199 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net secondary income in Singapore, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1972 | 2.49 million BoP, current US$ | — |
| 1973 | -4.07 million BoP, current US$ | -263.5% |
| 1974 | -38.98 million BoP, current US$ | +858.0% |
| 1975 | -38.80 million BoP, current US$ | -0.5% |
| 1976 | -48.97 million BoP, current US$ | +26.2% |
| 1977 | -44.27 million BoP, current US$ | -9.6% |
| 1978 | -38.70 million BoP, current US$ | -12.6% |
| 1979 | -34.95 million BoP, current US$ | -9.7% |
| 1980 | -106.48 million BoP, current US$ | +204.7% |
| 1981 | -152.89 million BoP, current US$ | +43.6% |
| 1982 | -205.14 million BoP, current US$ | +34.2% |
| 1983 | -214.85 million BoP, current US$ | +4.7% |
| 1984 | -222.68 million BoP, current US$ | +3.6% |
| 1985 | -213.17 million BoP, current US$ | -4.3% |
| 1986 | -183.25 million BoP, current US$ | -14.0% |
| 1987 | -185.00 million BoP, current US$ | +1.0% |
| 1988 | -244.38 million BoP, current US$ | +32.1% |
| 1989 | -325.55 million BoP, current US$ | +33.2% |
| 1990 | -421.12 million BoP, current US$ | +29.4% |
| 1991 | -465.92 million BoP, current US$ | +10.6% |
| 1992 | -475.09 million BoP, current US$ | +2.0% |
| 1993 | -535.96 million BoP, current US$ | +12.8% |
| 1994 | -661.10 million BoP, current US$ | +23.3% |
| 1995 | -886.08 million BoP, current US$ | +34.0% |
| 1996 | -991.18 million BoP, current US$ | +11.9% |
| 1997 | -1.12 billion BoP, current US$ | +13.0% |
| 1998 | -1.01 billion BoP, current US$ | -9.7% |
| 1999 | -805.92 million BoP, current US$ | -20.3% |
| 2000 | -628.78 million BoP, current US$ | -22.0% |
| 2001 | -1.25 billion BoP, current US$ | +99.2% |
| 2002 | -1.44 billion BoP, current US$ | +15.2% |
| 2003 | -970.51 million BoP, current US$ | -32.7% |
| 2004 | -1.17 billion BoP, current US$ | +20.9% |
| 2005 | -1.24 billion BoP, current US$ | +5.7% |
| 2006 | -1.64 billion BoP, current US$ | +32.6% |
| 2007 | -2.71 billion BoP, current US$ | +64.7% |
| 2008 | -3.68 billion BoP, current US$ | +35.8% |
| 2009 | -3.72 billion BoP, current US$ | +1.2% |
| 2010 | -5.51 billion BoP, current US$ | +48.1% |
| 2011 | -5.31 billion BoP, current US$ | -3.6% |
| 2012 | -6.30 billion BoP, current US$ | +18.6% |
| 2013 | -6.21 billion BoP, current US$ | -1.4% |
| 2014 | -6.33 billion BoP, current US$ | +1.9% |
| 2015 | -5.49 billion BoP, current US$ | -13.3% |
| 2016 | -7.43 billion BoP, current US$ | +35.5% |
| 2017 | -5.43 billion BoP, current US$ | -26.9% |
| 2018 | -5.65 billion BoP, current US$ | +4.0% |
| 2019 | -7.05 billion BoP, current US$ | +24.7% |
| 2020 | -4.16 billion BoP, current US$ | -40.9% |
| 2021 | -6.30 billion BoP, current US$ | +51.2% |
| 2022 | -7.63 billion BoP, current US$ | +21.2% |
| 2023 | -6.93 billion BoP, current US$ | -9.1% |
| 2024 | -8.51 billion BoP, current US$ | +22.8% |
| 2025 | -10.79 billion BoP, current US$ | +26.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -30.78 million BoP, current US$ | -48.97 million BoP, current US$ | 2.49 million BoP, current US$ | 8 |
| 1980s | -205.34 million BoP, current US$ | -325.55 million BoP, current US$ | -106.48 million BoP, current US$ | 10 |
| 1990s | -737.37 million BoP, current US$ | -1.12 billion BoP, current US$ | -421.12 million BoP, current US$ | 10 |
| 2000s | -1.85 billion BoP, current US$ | -3.72 billion BoP, current US$ | -628.78 million BoP, current US$ | 10 |
| 2010s | -6.07 billion BoP, current US$ | -7.43 billion BoP, current US$ | -5.31 billion BoP, current US$ | 10 |
| 2020s | -7.39 billion BoP, current US$ | -10.79 billion BoP, current US$ | -4.16 billion BoP, current US$ | 6 |
Countries ranked near Singapore
- 184 Oman -9.29 billion BoP, current US$ compare
- 185 Belgium -9.36 billion BoP, current US$ compare
- 186 Switzerland -9.58 billion BoP, current US$ compare
- 188 Netherlands -12.10 billion BoP, current US$ compare
- 189 Qatar -12.48 billion BoP, current US$ compare
- 190 Sweden -12.58 billion BoP, 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)
- 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 net secondary income in Singapore?
- Net secondary income in Singapore was -10.79 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net secondary income recorded in Singapore?
- The highest recorded value was 2.49 million BoP, current US$ in 1972.
- What is the lowest net secondary income recorded in Singapore?
- The lowest recorded value was -10.79 billion BoP, current US$ in 2025.
- How does Singapore rank for net secondary income?
- Singapore ranks 187th out of 199 countries with data for 2025.
- Is net secondary income rising or falling in Singapore?
- Over the last ten years it is down 96.7%. The long-run trend across the full record is volatile.
- Where does this Singapore data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net secondary income (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. 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.