Services, Debit/Expenditure in Singapore
Singapore: Services, Debit/Expenditure was 351.12 billion in 2024. β² Rising
Services, Debit/Expenditure in Singapore, 2005β2024
Source: International Monetary Fund.
Analysis
Singapore recorded 351.12 billion for services, debit/expenditure in 2024. That is the highest value across all 20 years on record.
That represents a change of up 7.6% on the previous year and up 110.7% over ten years.
Over the whole period, services, debit/expenditure in Singapore peaked at 351.12 billion in 2024 and was at its lowest, 55.05 billion, in 2005.
Singapore ranks 6th of 198 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 20 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 73.79 billion | 55.05 billion | 90.56 billion | 5 |
| 2010s | 158.30 billion | 100.52 billion | 209.37 billion | 10 |
| 2020s | 286.37 billion | 210.21 billion | 351.12 billion | 5 |
Countries ranked near Singapore
More trade data for Singapore
- Total current account debit/expenditure, Debit/Expenditure 1.11 trillion (2024)
- Goods, Debit/Expenditure 434.90 billion (2024)
- Primary income, Debit/Expenditure 288.59 billion (2024)
- Secondary income, Debit/Expenditure 37.53 billion (2024)
- Milking, dairy machinery (trade) β Import Value 4,704 1000 USD (2008)
- Nominal effective exchange rate (NEER), Index (2010=100) Advanced 122.75 (2025)
- CO2 emissions embodied in gross exports, Metric ton of COβ equivalent 241.46 (2018)
- CO2 emissions embodied in gross exports, Trade balance on CO2 62.19 (2018)
- CO2 emissions embodied in gross imports, Metric ton of COβ equivalent 177.99 (2018)
- Milking, dairy machinery (trade) β Export Value 8,306 1000 USD (2008)
Frequently asked questions
- What is services, debit/expenditure in Singapore?
- Services, debit/expenditure in Singapore was 351.12 billion in 2024, according to International Monetary Fund.
- What is the highest services, debit/expenditure recorded in Singapore?
- The highest recorded value was 351.12 billion in 2024.
- What is the lowest services, debit/expenditure recorded in Singapore?
- The lowest recorded value was 55.05 billion in 2005.
- How does Singapore rank for services, debit/expenditure?
- Singapore ranks 6th out of 198 countries with data for 2024.
- Is services, debit/expenditure rising or falling in Singapore?
- Over the last ten years it is up 110.7%. 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 Services, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 20 observations, free to reuse under IMF Terms and Conditions (attribution required).
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.