Primary income payments in Singapore
Singapore: Primary income payments was 321.53 billion BoP, current US$ in 2025. ◆ Volatile
Latest (2025)
321.53 billion BoP, current US$
Change on year
up 4.6%
World rank
8th
of 200 countries
All-time high
321.53 billion BoP, current US$
in 2025
All-time low
129.07 million BoP, current US$
in 1972
Years of data
54
1972–2025
Primary income payments in Singapore, 1972–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Singapore recorded 321.53 billion BoP, current US$ for primary income payments in 2025. That is the highest value across all 54 years on record.
That represents a change of up 4.6% on the previous year and up 246.9% over ten years.
Over the whole period, primary income payments in Singapore peaked at 321.53 billion BoP, current US$ in 2025 and was at its lowest, 129.07 million BoP, current US$, in 1972.
That places Singapore 8th out of 200 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Primary income payments in Singapore, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1972 | 129.07 million BoP, current US$ | — |
| 1973 | 267.77 million BoP, current US$ | +107.5% |
| 1974 | 380.00 million BoP, current US$ | +41.9% |
| 1975 | 344.96 million BoP, current US$ | -9.2% |
| 1976 | 409.58 million BoP, current US$ | +18.7% |
| 1977 | 475.12 million BoP, current US$ | +16.0% |
| 1978 | 553.64 million BoP, current US$ | +16.5% |
| 1979 | 849.37 million BoP, current US$ | +53.4% |
| 1980 | 1.38 billion BoP, current US$ | +62.8% |
| 1981 | 1.64 billion BoP, current US$ | +18.9% |
| 1982 | 1.67 billion BoP, current US$ | +1.5% |
| 1983 | 1.39 billion BoP, current US$ | -16.7% |
| 1984 | 1.25 billion BoP, current US$ | -10.0% |
| 1985 | 1.26 billion BoP, current US$ | +0.7% |
| 1986 | 1.79 billion BoP, current US$ | +41.7% |
| 1987 | 2.88 billion BoP, current US$ | +61.5% |
| 1988 | 3.49 billion BoP, current US$ | +21.2% |
| 1989 | 3.96 billion BoP, current US$ | +13.3% |
| 1990 | 5.50 billion BoP, current US$ | +39.0% |
| 1991 | 6.80 billion BoP, current US$ | +23.6% |
| 1992 | 6.67 billion BoP, current US$ | -2.0% |
| 1993 | 7.88 billion BoP, current US$ | +18.2% |
| 1994 | 8.22 billion BoP, current US$ | +4.3% |
| 1995 | 10.52 billion BoP, current US$ | +28.0% |
| 1996 | 10.95 billion BoP, current US$ | +4.1% |
| 1997 | 9.16 billion BoP, current US$ | -16.3% |
| 1998 | 9.45 billion BoP, current US$ | +3.1% |
| 1999 | 14.41 billion BoP, current US$ | +52.6% |
| 2000 | 15.91 billion BoP, current US$ | +10.4% |
| 2001 | 15.10 billion BoP, current US$ | -5.1% |
| 2002 | 16.51 billion BoP, current US$ | +9.3% |
| 2003 | 20.42 billion BoP, current US$ | +23.7% |
| 2004 | 29.38 billion BoP, current US$ | +43.9% |
| 2005 | 37.62 billion BoP, current US$ | +28.1% |
| 2006 | 46.23 billion BoP, current US$ | +22.9% |
| 2007 | 64.06 billion BoP, current US$ | +38.6% |
| 2008 | 56.63 billion BoP, current US$ | -11.6% |
| 2009 | 59.11 billion BoP, current US$ | +4.4% |
| 2010 | 66.11 billion BoP, current US$ | +11.8% |
| 2011 | 75.36 billion BoP, current US$ | +14.0% |
| 2012 | 77.96 billion BoP, current US$ | +3.5% |
| 2013 | 84.23 billion BoP, current US$ | +8.0% |
| 2014 | 82.09 billion BoP, current US$ | -2.5% |
| 2015 | 92.69 billion BoP, current US$ | +12.9% |
| 2016 | 97.70 billion BoP, current US$ | +5.4% |
| 2017 | 125.22 billion BoP, current US$ | +28.2% |
| 2018 | 156.06 billion BoP, current US$ | +24.6% |
| 2019 | 158.30 billion BoP, current US$ | +1.4% |
| 2020 | 153.49 billion BoP, current US$ | -3.0% |
| 2021 | 228.45 billion BoP, current US$ | +48.8% |
| 2022 | 263.68 billion BoP, current US$ | +15.4% |
| 2023 | 268.94 billion BoP, current US$ | +2.0% |
| 2024 | 307.47 billion BoP, current US$ | +14.3% |
| 2025 | 321.53 billion BoP, current US$ | +4.6% |
Singapore compared with similar countries
- Singapore's 321.53 billion BoP, current US$ is above the median for high income countries, which is 16.26 billion BoP, current US$, 19.8× the median. (72 countries reporting)
- Singapore's 321.53 billion BoP, current US$ is above the median for East Asia & Pacific, which is 1.58 billion BoP, current US$, 202.9× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 426.19 million BoP, current US$ | 129.07 million BoP, current US$ | 849.37 million BoP, current US$ | 8 |
| 1980s | 2.07 billion BoP, current US$ | 1.25 billion BoP, current US$ | 3.96 billion BoP, current US$ | 10 |
| 1990s | 8.96 billion BoP, current US$ | 5.50 billion BoP, current US$ | 14.41 billion BoP, current US$ | 10 |
| 2000s | 36.10 billion BoP, current US$ | 15.10 billion BoP, current US$ | 64.06 billion BoP, current US$ | 10 |
| 2010s | 101.57 billion BoP, current US$ | 66.11 billion BoP, current US$ | 158.30 billion BoP, current US$ | 10 |
| 2020s | 257.26 billion BoP, current US$ | 153.49 billion BoP, current US$ | 321.53 billion BoP, current US$ | 6 |
Countries ranked near Singapore
- 5 Netherlands 433.43 billion BoP, current US$ compare
- 6 Luxembourg 413.92 billion BoP, current US$ compare
- 7 France 348.85 billion BoP, current US$ compare
- 9 Germany 284.85 billion BoP, current US$ compare
- 10 Switzerland 256.00 billion BoP, current US$ compare
- 11 Hong Kong 245.64 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 94.20 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.156 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 15,415 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 159.09 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 17.78 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.2634 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 26,032 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 12.55 % change on previous year (2025)
Frequently asked questions
- What is primary income payments in Singapore?
- Primary income payments in Singapore was 321.53 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest primary income payments recorded in Singapore?
- The highest recorded value was 321.53 billion BoP, current US$ in 2025.
- What is the lowest primary income payments recorded in Singapore?
- The lowest recorded value was 129.07 million BoP, current US$ in 1972.
- How does Singapore rank for primary income payments?
- Singapore ranks 8th out of 200 countries with data for 2025.
- Is primary income payments rising or falling in Singapore?
- Over the last ten years it is up 246.9%. 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 Primary income payments (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Primary income payments refer to employee compensation paid to nonresident workers and investment income (payments on direct investment, portfolio investment, other investments).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.