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General profile: Singapore

GENERAL INFORMATION FOR 2024
Exchange rate
Population
Population
Exchange rates
GDP
GDP
5.832 Millions
1.336 SGD/US$
539 982 Millions current US$
Land area¹
Land area
CPI growth (%)
CPI growth
GDP growth
GDP growth
(u) 718 km²
..
3.80 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
+6.2 %
Merchandise exports growth rate in 2024
Total merchandise trade
(millions of US$)
2005
2010
2015
2024
Merchandise exports
229 649
351 867
351 587
505 658
Merchandise imports
200 047
310 791
297 087
458 686
Merchandise trade balance
29 602
41 076
54 500
46 972
Export structure by product group in 2024
(as % of total exports)
6 %6 %75 %75 %14 %14 %5 %5 %
Top 5 partners in 2024
(exports, millions of US$)
70 56355 31452 36043 99139 80770 56355 31452 36043 99139 807
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services²
(millions of US$)
2005
2010
2015
2024
Services exports
45 605
100 382
153 200
395 566
Services imports
55 052
100 518
161 693
351 122
Services trade balance
-9 447
-136
-8 493
44 443
Services exports by main category²
(as % of total services)
2005
2010
2015
2024
Transport
42.7
38.4
30.4
32.7
Travel
13.6
14.1
10.8
6.0
Other services
36.9
40.9
54.1
59.1
TRADE INDICES
More data on UNCTADstat
11910811511210010110510299100919085868471777571939394939194959698100939492939696959697
ECONOMIC TRENDS
More data on UNCTADstat
+3.8 %
Gross domestic product growth rate in 2024
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2024
GDP, current
127 808
239 808
307 999
539 982
GDP per capita, current US$
29 943
47 234
55 743
92 583
Real GDP growth, y-on-y, %
7.37
14.52
2.98
3.80
Current account balance, % of GDP
23.26
22.93
18.69
17.78
Exchange rate (/US$)
1.664
1.364
1.375
1.336
GDP by expenditure in 2023
(as % of total GDP)
31.310.221.0174.3136.931.310.221.0174.3136.9
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+10.2 %
FDI outflows as % of GDP in 2024
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2024
FDI inflows
17 747.78
57 460.08
59 700.11
143 352.24
FDI outflows
(k) 12 552.51
(k) 35 407.15
(k) 45 223.05
(k) 55 257.43
Personal remittances, % of GDP
..
..
..
..
Financial flows trends
(millions of US$)
143 352135 104142 128130 95571 55098 08374 41385 35567 50859 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 indicators²
(as % and index)
2005
2010
2015
2024
Balance, % of GDP
29.89
26.31
27.30
35.66
Balance, % of imports
15.31
15.33
18.07
24.50
Normalized balance
0.071
0.071
0.083
0.109
Trade openness²
(sum of imports and exports as % of GDP)
327328339331332324327317303329360367369379370358437394425420
LIVING AREA
Population by living area in 2024
(% of population)
Urban 100%Urban 100%Rural 0%
OTHER INDICATORS
More data on UNCTADstat
5.963 %
Share of the total world merchant fleet in 2024
Maritime transport indicators
 
2005
2010
2015
2024
Merchant fleet, national flag (thousands of DWT)
40 935
61 660
117 534
140 737
Container port throughput (TEU)
..
28 431 100
30 922 300
..
Information economy indicators
(as % of)
2005
2010
2015
2024
Share of ICT goods, % of total exports
15.40
33.56
31.60
34.65
Share of ICT goods, % of total imports
10.69
27.14
26.46
32.74
Share of workforce involved in the ICT sector
..
..
..
..
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).
k
Asset/liability basis.
u
Estimated. Data refers to 2020.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
No value reported or collected
_
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: 02 December 2025