Share of service in total exports in Singapore
Singapore: Share of service in total exports was 651.64 billion BoP, current US$ in 2025. ◆ Volatile
Latest (2025)
651.64 billion BoP, current US$
Change on year
up 8.4%
World rank
10th
of 198 countries
All-time high
651.64 billion BoP, current US$
in 2025
All-time low
2.17 billion BoP, current US$
in 1972
Years of data
54
1972–2025
Share of service in total exports in Singapore, 1972–2025
Source: International Monetary Fund (IMF), via World Bank (2026) – processed by Our World in Data. Measured in BoP, current US$.
Analysis
Singapore recorded 651.64 billion BoP, current US$ for share of service in total exports in 2025. That is the highest value across all 54 years on record.
That represents a change of up 8.4% on the previous year and up 64.5% over ten years.
Over the whole period, share of service in total exports in Singapore peaked at 651.64 billion BoP, current US$ in 2025 and was at its lowest, 2.17 billion BoP, current US$, in 1972.
That places Singapore 10th out of 198 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Share of service in total exports in Singapore, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1972 | 2.17 billion BoP, current US$ | — |
| 1973 | 3.60 billion BoP, current US$ | +65.9% |
| 1974 | 5.91 billion BoP, current US$ | +64.1% |
| 1975 | 5.48 billion BoP, current US$ | -7.2% |
| 1976 | 6.65 billion BoP, current US$ | +21.4% |
| 1977 | 8.25 billion BoP, current US$ | +23.9% |
| 1978 | 10.12 billion BoP, current US$ | +22.8% |
| 1979 | 14.25 billion BoP, current US$ | +40.7% |
| 1980 | 19.43 billion BoP, current US$ | +36.4% |
| 1981 | 21.09 billion BoP, current US$ | +8.5% |
| 1982 | 21.02 billion BoP, current US$ | -0.4% |
| 1983 | 21.89 billion BoP, current US$ | +4.2% |
| 1984 | 24.09 billion BoP, current US$ | +10.0% |
| 1985 | 23.19 billion BoP, current US$ | -3.8% |
| 1986 | 22.74 billion BoP, current US$ | -1.9% |
| 1987 | 29.10 billion BoP, current US$ | +28.0% |
| 1988 | 40.70 billion BoP, current US$ | +39.9% |
| 1989 | 45.70 billion BoP, current US$ | +12.3% |
| 1990 | 54.68 billion BoP, current US$ | +19.6% |
| 1991 | 61.33 billion BoP, current US$ | +12.2% |
| 1992 | 66.57 billion BoP, current US$ | +8.5% |
| 1993 | 77.86 billion BoP, current US$ | +17.0% |
| 1994 | 97.92 billion BoP, current US$ | +25.8% |
| 1995 | 133.02 billion BoP, current US$ | +35.8% |
| 1996 | 141.90 billion BoP, current US$ | +6.7% |
| 1997 | 143.06 billion BoP, current US$ | +0.8% |
| 1998 | 120.11 billion BoP, current US$ | -16.0% |
| 1999 | 128.33 billion BoP, current US$ | +6.8% |
| 2000 | 154.94 billion BoP, current US$ | +20.7% |
| 2001 | 138.39 billion BoP, current US$ | -10.7% |
| 2002 | 142.46 billion BoP, current US$ | +2.9% |
| 2003 | 167.42 billion BoP, current US$ | +17.5% |
| 2004 | 206.60 billion BoP, current US$ | +23.4% |
| 2005 | 242.17 billion BoP, current US$ | +17.2% |
| 2006 | 280.60 billion BoP, current US$ | +15.9% |
| 2007 | 311.49 billion BoP, current US$ | +11.0% |
| 2008 | 354.21 billion BoP, current US$ | +13.7% |
| 2009 | 289.51 billion BoP, current US$ | -18.3% |
| 2010 | 374.44 billion BoP, current US$ | +29.3% |
| 2011 | 448.74 billion BoP, current US$ | +19.8% |
| 2012 | 451.06 billion BoP, current US$ | +0.5% |
| 2013 | 457.99 billion BoP, current US$ | +1.5% |
| 2014 | 450.62 billion BoP, current US$ | -1.6% |
| 2015 | 396.22 billion BoP, current US$ | -12.1% |
| 2016 | 372.39 billion BoP, current US$ | -6.0% |
| 2017 | 415.15 billion BoP, current US$ | +11.5% |
| 2018 | 459.04 billion BoP, current US$ | +10.6% |
| 2019 | 438.70 billion BoP, current US$ | -4.4% |
| 2020 | 416.05 billion BoP, current US$ | -5.2% |
| 2021 | 511.65 billion BoP, current US$ | +23.0% |
| 2022 | 608.41 billion BoP, current US$ | +18.9% |
| 2023 | 571.33 billion BoP, current US$ | -6.1% |
| 2024 | 601.13 billion BoP, current US$ | +5.2% |
| 2025 | 651.64 billion BoP, current US$ | +8.4% |
Singapore compared with similar countries
- Singapore's 651.64 billion BoP, current US$ is above the median for high income countries, which is 47.85 billion BoP, current US$, 13.6× the median. (72 countries reporting)
- Singapore's 651.64 billion BoP, current US$ is above the median for East Asia & Pacific, which is 10.29 billion BoP, current US$, 63.3× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.05 billion BoP, current US$ | 2.17 billion BoP, current US$ | 14.25 billion BoP, current US$ | 8 |
| 1980s | 26.89 billion BoP, current US$ | 19.43 billion BoP, current US$ | 45.70 billion BoP, current US$ | 10 |
| 1990s | 102.48 billion BoP, current US$ | 54.68 billion BoP, current US$ | 143.06 billion BoP, current US$ | 10 |
| 2000s | 228.78 billion BoP, current US$ | 138.39 billion BoP, current US$ | 354.21 billion BoP, current US$ | 10 |
| 2010s | 426.43 billion BoP, current US$ | 372.39 billion BoP, current US$ | 459.04 billion BoP, current US$ | 10 |
| 2020s | 560.03 billion BoP, current US$ | 416.05 billion BoP, current US$ | 651.64 billion BoP, current US$ | 6 |
Countries ranked near Singapore
- 7 Netherlands 693.12 billion BoP, current US$ compare
- 8 Mexico 665.60 billion BoP, current US$ compare
- 9 Italy 655.32 billion BoP, current US$ compare
- 11 Hong Kong 631.14 billion BoP, current US$ compare
- 12 Switzerland 617.29 billion BoP, current US$ compare
- 13 Canada 554.75 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)
- 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 share of service in total exports in Singapore?
- Share of service in total exports in Singapore was 651.64 billion BoP, current US$ in 2025, according to International Monetary Fund (IMF), via World Bank (2026) – processed by Our World in Data.
- What is the highest share of service in total exports recorded in Singapore?
- The highest recorded value was 651.64 billion BoP, current US$ in 2025.
- What is the lowest share of service in total exports recorded in Singapore?
- The lowest recorded value was 2.17 billion BoP, current US$ in 1972.
- How does Singapore rank for share of service in total exports?
- Singapore ranks 10th out of 198 countries with data for 2025.
- Is share of service in total exports rising or falling in Singapore?
- Over the last ten years it is up 64.5%. The long-run trend across the full record is volatile.
- Where does this Singapore data come from?
- The figures come from International Monetary Fund (IMF), via World Bank (2026) – processed by Our World in Data, published as part of Share of service in total exports. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Services refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. The share of services in total exports comes from comparing trade in goods and services at current US dollars.