Goods, Debit/Expenditure in Singapore
Singapore: Goods, Debit/Expenditure was 434.90 billion in 2024. ▲ Rising
Goods, Debit/Expenditure in Singapore, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for goods, debit/expenditure in Singapore is 434.90 billion, measured in 2024.
The figure is up 8.1% on the previous year and up 19.5% over ten years.
Over the whole period, goods, debit/expenditure in Singapore peaked at 447.65 billion in 2022 and was at its lowest, 194.52 billion, in 2005.
That places Singapore 15th out of 198 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 20 years of available data.
Goods, Debit/Expenditure in Singapore, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 194.52 billion | — |
| 2006 | 228.27 billion | +17.4% |
| 2007 | 253.35 billion | +11.0% |
| 2008 | 312.81 billion | +23.5% |
| 2009 | 241.63 billion | -22.8% |
| 2010 | 311.20 billion | +28.8% |
| 2011 | 373.19 billion | +19.9% |
| 2012 | 376.10 billion | +0.8% |
| 2013 | 379.21 billion | +0.8% |
| 2014 | 363.92 billion | -4.0% |
| 2015 | 303.65 billion | -16.6% |
| 2016 | 283.32 billion | -6.7% |
| 2017 | 316.18 billion | +11.6% |
| 2018 | 356.41 billion | +12.7% |
| 2019 | 345.49 billion | -3.1% |
| 2020 | 314.45 billion | -9.0% |
| 2021 | 391.82 billion | +24.6% |
| 2022 | 447.65 billion | +14.2% |
| 2023 | 402.23 billion | -10.1% |
| 2024 | 434.90 billion | +8.1% |
Singapore compared with similar countries
- Singapore's 434.90 billion is above the median for high income countries, which is 42.66 billion, 10.2× the median. (72 countries reporting)
- Singapore's 434.90 billion is above the median for East Asia & Pacific, which is 8.66 billion, 50.2× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 246.12 billion | 194.52 billion | 312.81 billion | 5 |
| 2010s | 340.87 billion | 283.32 billion | 379.21 billion | 10 |
| 2020s | 398.21 billion | 314.45 billion | 447.65 billion | 5 |
Countries ranked near Singapore
More trade data for Singapore
- Commodity Net Export Price Index, Individual Commodities Weighted by 105.53 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 103.65 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 90.42 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 69.54 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 87.24 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 68.59 (2025)
- Imports of low carbon technology products, Percent of GDP 3.28 (2024)
- Imports of low carbon technology products, US dollar (World), per 2,971 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.0313 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 19.53 billion (2024)
Frequently asked questions
- What is goods, debit/expenditure in Singapore?
- Goods, debit/expenditure in Singapore was 434.90 billion in 2024, according to International Monetary Fund.
- What is the highest goods, debit/expenditure recorded in Singapore?
- The highest recorded value was 447.65 billion in 2022.
- What is the lowest goods, debit/expenditure recorded in Singapore?
- The lowest recorded value was 194.52 billion in 2005.
- How does Singapore rank for goods, debit/expenditure?
- Singapore ranks 15th out of 198 countries with data for 2024.
- Is goods, debit/expenditure rising or falling in Singapore?
- Over the last ten years it is up 19.5%. The long-run trend across the full record is rising.
- Where does this Singapore data come from?
- The figures come from International Monetary Fund, published as part of Goods, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.