General profile: Singapore

GENERAL INFORMATION FOR 2018
Population
Population
Exchange rates
Exchange rate
GDP
GDP
5.758 Millions
1.349 SGD/US$
347 304 Millions current US$
Land area
Land area ¹
CPI growth (%)
CPI growth
GDP growth
GDP growth
(n) 709 km²
0.44 %
3.20 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
+10.6 %
Merchandise exports growth rate in 2018
Total merchandise trade
(millions of US$)
2005
2010
2015
2018
Merchandise exports
229 649
351 867
351 587
412 953
Merchandise imports
200 047
310 791
297 087
370 881
Merchandise trade balance
29 602
41 076
54 500
42 073
Export structure by product group in 2018
(as % of total exports)
9 %9 %75 %75 %16 %16 %
Top 5 partners in 2018
(exports, millions of US$)
51 67051 27340 51233 93431 33151 67051 27340 51233 93431 331
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services ²
(millions of US$)
2005
2010
2015
2018
Services exports
46 427
100 832
155 762
184 015
Services imports
56 164
101 212
163 182
186 956
Services trade balance
-9 737
-380
-7 420
-2 941
Services exports by main category ²
(as % of total services)
2005
2010
2015
2018
Transport
42.4
38.4
30.2
28.0
Travel
13.4
14.1
10.7
11.2
Other services
38.1
41.3
54.8
57.2
TRADE INDICES
More data on UNCTADstat
105105102102999910010093939090858586868484717178787676717165656060515141414040444495959696999910010095959494929293939696979796969696979799991001001001001041041061061101101051029910093908586847178767165605141404495969910095949293969796969799100100104106110
ECONOMIC TRENDS
More data on UNCTADstat
+3.2 %
Gross domestic product growth rate in 2018
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2018
GDP, current
127 418
236 420
304 092
347 304
GDP per capita, current US$
29 870
46 075
54 378
60 322
Real GDP growth, y-on-y, %
7.49
15.24
2.24
3.20
Current account balance, % of GDP
23.33
23.26
17.44
18.74
Exchange rate (/US$)
1.664
1.364
1.375
1.349
GDP by expenditure in 2017
(as % of total GDP)
34.711.024.8170.1147.234.711.024.8170.1147.2
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+10.7 %
FDI outflows as % of GDP in 2018
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2018
FDI inflows
17 747.78
57 460.08
59 700.11
77 646.13
FDI outflows
(j) 12 552.51
(j) 35 407.15
(j) 45 223.05
(j) 37 142.73
Personal remittances, % of GDP
..
..
..
..
Financial flows trends
(millions of US$)
77 64677 64675 72375 72373 86373 86359 70059 70073 28773 28756 67256 67260 10360 10339 89039 89057 46057 46018 53218 53211 81011 81042 60942 60937 48037 48017 74817 74822 32522 32516 35316 3535 3385 33817 30217 30214 75214 75277 64675 72373 86359 70073 28756 67260 10339 89057 46018 53211 81042 60937 48017 74822 32516 3535 33817 30214 752FDI Inwards flowsFDI Inwards flowsFDI Inwards flowsMigrant's remittances receiptsMigrant's remittances receiptsMigrant's remittances receipts
TRADE IN GOODS AND SERVICES
More data on UNCTADstat
Trade balance indicators ²
(as % and index)
2005
2010
2015
2018
Balance, % of GDP
29.81
26.05
27.41
27.25
Balance, % of imports
15.17
15.00
18.21
17.52
Normalized balance
0.071
0.070
0.083
0.081
Trade openness ²
(sum of imports and exports as % of GDP)
338328310329359366372380373361442399430423
LABOUR FORCE
Labour force by gender in 2018
(as % of total labour force, all sectors)
Male
57%Male 57%Female
43%Female 43%
OTHER INDICATORS
More data on UNCTADstat
6.647 %
Share of the total world merchant fleet in 2018
Maritime transport indicators
 
2005
2010
2015
2018
Merchant fleet, national flag (thousands of DWT)
40 935
61 660
117 474
127 880
Liner shipping connectivity index (maximum 2006 = 100 for China)
..
92.45
100.95
110.83
Container port throughput (TEU)
..
29 147 000
31 710 200
36 600 000
Information economy indicators
(as % of)
2005
2010
2015
2018
Share of ICT goods, % of total exports
15.88
34.33
33.46
..
Share of ICT goods, % of total imports
11.28
27.85
28.01
..
Share of workforce involved in the ICT sector
..
4.50
..
..
Source: UNCTADstat (http://unctadstat.unctad.org)
Notes:
1
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
2
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
j
Asset/liability basis.
n
Estimated. Data refers to 2016.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
Not available or not separately reported
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
FDI:
Foreign direct investment
GDP:
Gross domestic product
ICT:
Information and communication technology
TEU:
Twenty foot equivalent unit
US$:
United States dollar
Disclaimer:
The designations employed and the presentation of the material on UNCTADstat do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in UNCTADstat.
Generation date: 05 November 2019