Trade as a share of GDP in Singapore
Singapore: Trade as a share of GDP was 320.3% in 2025. ▲ Rising
Latest (2025)
320.3%
Change on year
up 2.2%
World rank
4th
of 191 countries
All-time high
437.3%
in 2008
All-time low
229.1%
in 1972
Years of data
66
1960–2025
Trade as a share of GDP in Singapore, 1960–2025
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
In 2025, trade as a share of gdp in Singapore stood at 320.3%.
Compared with earlier readings it is up 2.2% on the previous year and down 2.8% over ten years.
Over the whole period, trade as a share of gdp in Singapore peaked at 437.3% in 2008 and was at its lowest, 229.1%, in 1972.
That places Singapore 4th out of 191 countries with data for 2025, putting it in the top 10%.
The long-run direction has been consistently rising across the 66 years of available data.
Trade as a share of GDP in Singapore, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 339.3% | — |
| 1961 | 299.4% | -11.8% |
| 1962 | 286.6% | -4.3% |
| 1963 | 296.9% | +3.6% |
| 1964 | 255.0% | -14.1% |
| 1965 | 257.5% | +1.0% |
| 1966 | 253.8% | -1.5% |
| 1967 | 235.9% | -7.0% |
| 1968 | 256.8% | +8.8% |
| 1969 | 273.7% | +6.6% |
| 1970 | 271.1% | -1.0% |
| 1971 | 259.3% | -4.3% |
| 1972 | 229.1% | -11.7% |
| 1973 | 245.7% | +7.3% |
| 1974 | 314.0% | +27.8% |
| 1975 | 283.6% | -9.7% |
| 1976 | 305.9% | +7.9% |
| 1977 | 327.0% | +6.9% |
| 1978 | 334.6% | +2.3% |
| 1979 | 375.0% | +12.1% |
| 1980 | 410.9% | +9.6% |
| 1981 | 399.8% | -2.7% |
| 1982 | 372.5% | -6.8% |
| 1983 | 333.1% | -10.6% |
| 1984 | 313.1% | -6.0% |
| 1985 | 304.1% | -2.9% |
| 1986 | 294.8% | -3.1% |
| 1987 | 325.0% | +10.2% |
| 1988 | 359.9% | +10.7% |
| 1989 | 347.6% | -3.4% |
| 1990 | 344.3% | -0.9% |
| 1991 | 323.9% | -5.9% |
| 1992 | 311.3% | -3.9% |
| 1993 | 313.4% | +0.7% |
| 1994 | 316.2% | +0.9% |
| 1995 | 345.5% | +9.2% |
| 1996 | 334.9% | -3.1% |
| 1997 | 323.9% | -3.3% |
| 1998 | 312.1% | -3.6% |
| 1999 | 336.5% | +7.8% |
| 2000 | 364.4% | +8.3% |
| 2001 | 349.3% | -4.1% |
| 2002 | 349.7% | +0.1% |
| 2003 | 377.2% | +7.9% |
| 2004 | 401.5% | +6.4% |
| 2005 | 420.4% | +4.7% |
| 2006 | 425.4% | +1.2% |
| 2007 | 394.3% | -7.3% |
| 2008 | 437.3% | +10.9% |
| 2009 | 358.2% | -18.1% |
| 2010 | 369.7% | +3.2% |
| 2011 | 379.1% | +2.5% |
| 2012 | 369.2% | -2.6% |
| 2013 | 367.0% | -0.6% |
| 2014 | 360.5% | -1.8% |
| 2015 | 329.5% | -8.6% |
| 2016 | 301.3% | -8.5% |
| 2017 | 315.4% | +4.7% |
| 2018 | 325.7% | +3.3% |
| 2019 | 324.3% | -0.4% |
| 2020 | 331.1% | +2.1% |
| 2021 | 326.5% | -1.4% |
| 2022 | 330.2% | +1.1% |
| 2023 | 323.7% | -2.0% |
| 2024 | 313.3% | -3.2% |
| 2025 | 320.3% | +2.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 275.5% | 235.9% | 339.3% | 10 |
| 1970s | 294.5% | 229.1% | 375.0% | 10 |
| 1980s | 346.1% | 294.8% | 410.9% | 10 |
| 1990s | 326.2% | 311.3% | 345.5% | 10 |
| 2000s | 387.8% | 349.3% | 437.3% | 10 |
| 2010s | 344.2% | 301.3% | 379.1% | 10 |
| 2020s | 324.2% | 313.3% | 331.1% | 6 |
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)
- Services, value added (constant LCU), per capita 66,946 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate -1.8 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 5.03 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9429 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 93,169 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 2.77 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 1.23 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 121,813 current LCU per person (2025)
Frequently asked questions
- What is trade as a share of gdp in Singapore?
- Trade as a share of gdp in Singapore was 320.3% in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest trade as a share of gdp recorded in Singapore?
- The highest recorded value was 437.3% in 2008.
- What is the lowest trade as a share of gdp recorded in Singapore?
- The lowest recorded value was 229.1% in 1972.
- How does Singapore rank for trade as a share of gdp?
- Singapore ranks 4th out of 191 countries with data for 2025.
- Is trade as a share of gdp rising or falling in Singapore?
- Over the last ten years it is down 2.8%. The long-run trend across the full record is rising.
- Where does this Singapore data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Trade as a share of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Trade in goods and services as a share of GDP, shown as a percentage.