Flag of sg

Singapore Imports (% GDP)

Singapore's imports (% GDP) fell to 143.6% in 2024, down from 144.13% in 2023, according to World Bank. This represents a decrease of 0.53% from the previous year. Singapore has the 5th highest imports (% GDP). Other top countries are Luxembourg, Hong Kong, San Marino and Djibouti.

Singapore's exports (% GDP) fell to 178.78% in 2024, down from 181.56% in 2023.

Yearly Historical Data (1960-2024)

(in %)
Year Imports (% GDP)
2024 143.6%
2023 144.13%
2022 146.24%
2021 146.45%
2020 150.26%
2019 147.5%
2018 148.4%
2017 145.05%
2016 138.29%
2015 151.09%
2014 168.51%
2013 171.96%
2012 172.49%
2011 175.77%
2010 171.69%
2009 167.35%
2008 208.33%
2007 181.51%
2006 197.33%
2005 195.27%
2004 187.57%
2003 174.63%
2002 165.66%
2001 166.4%
2000 176.01%
1999 159.74%
1998 145.29%
1997 154.57%
1996 159.27%
1995 164.34%
1994 150.02%
1993 151.77%
1992 149.59%
1991 155.34%
1990 167.14%
1989 168.28%
1988 175.15%
1987 161.04%
1986 146.1%
1985 151.92%
1984 156.66%
1983 166.28%
1982 187.18%
1981 201.6%
1980 208.93%
1979 190.33%
1978 169.16%
1977 164.22%
1976 156.42%
1975 146.45%
1974 164.49%
1973 127.39%
1972 122.31%
1971 139.83%
1970 145.03%
1969 141.57%
1968 131.14%
1967 121.64%
1966 130.5%
1965 134.3%
1964 132.95%
1963 155.73%
1962 148.52%
1961 156.98%
1960 176.48%
Singapore Imports (% GDP) : Definition
Imports (% GDP) measures the value of goods and services bought from other countries 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
Exports (% GDP) 178.78% 181.56% 2024
FDI Inflows (% GDP) 27.76% 26.21% 2024
Imports SGD 55B SGD 52.7B Sep'25
Net Trade (Goods & Services, BoP) $192.58B $189.18B 2024
Tariff Rate 0.05% 0.08% 2022
Trade (% GDP) 322.37% 325.69% 2024