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Singapore Exports (% GDP)

Singapore's exports (% GDP) fell to 178.78% in 2024, down from 181.56% in 2023, according to World Bank. This represents a decrease of 2.78% from the previous year. Singapore has the 4th highest exports (% GDP). Other top countries are Luxembourg, San Marino, Hong Kong and Djibouti.

Singapore's imports (% GDP) fell to 143.6% in 2024, down from 144.13% in 2023.

Yearly Historical Data (1960-2024)

(in %)
Year Exports (% GDP)
2024 178.78%
2023 181.56%
2022 186.11%
2021 182.71%
2020 181.78%
2019 176.89%
2018 178.2%
2017 171.74%
2016 164.55%
2015 178.38%
2014 191.95%
2013 195.08%
2012 196.72%
2011 203.33%
2010 198%
2009 190.84%
2008 228.99%
2007 212.78%
2006 228.04%
2005 225.16%
2004 213.95%
2003 202.59%
2002 184.09%
2001 182.89%
2000 188.35%
1999 176.75%
1998 166.79%
1997 169.3%
1996 175.64%
1995 181.12%
1994 166.19%
1993 161.65%
1992 161.73%
1991 168.55%
1990 177.19%
1989 179.3%
1988 184.71%
1987 164%
1986 148.73%
1985 152.22%
1984 156.46%
1983 166.87%
1982 185.35%
1981 198.18%
1980 202.01%
1979 184.68%
1978 165.44%
1977 162.76%
1976 149.48%
1975 137.12%
1974 149.47%
1973 118.34%
1972 106.74%
1971 119.46%
1970 126.03%
1969 132.13%
1968 125.66%
1967 114.29%
1966 123.28%
1965 123.24%
1964 122.08%
1963 141.15%
1962 138.12%
1961 142.42%
1960 162.83%
Singapore Exports (% GDP) : Definition
Exports (% GDP) measures the value of goods and services sold abroad by Singapore compared to its total economic output.
Indicator Last Value Prior Value Period
Annual Exports $475.35B $514.97B 2023
Annual Imports $422.42B $475.41B 2023
Balance of Trade SGD 5.9B SGD 5B Sep'25
Exports SGD 60.9B SGD 57.7B Sep'25
FDI Inflows (% GDP) 27.76% 26.21% 2024
Imports SGD 55B SGD 52.7B Sep'25
Imports (% GDP) 143.6% 144.13% 2024
Net Trade (Goods & Services, BoP) $192.58B $189.18B 2024
Tariff Rate 0.05% 0.08% 2022
Trade (% GDP) 322.37% 325.69% 2024