General profile: Singapore

GENERAL INFORMATION FOR 2021
Population
Population
Exchange rates
Exchange rate
GDP
GDP
5.941 Millions
1.343 SGD/US$
385 221 Millions current US$
Land area
Land area¹
CPI growth (%)
CPI growth
GDP growth
GDP growth
(q) 718 km²
2.31 %
6.05 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
+26.2 %
Merchandise exports growth rate in 2021
Total merchandise trade
(millions of US$)
2005
2010
2015
2021
Merchandise exports
229 649
351 867
351 587
457 357
Merchandise imports
200 047
310 791
297 087
406 226
Merchandise trade balance
29 602
41 076
54 500
51 131
Export structure by product group in 2021
(as % of total exports)
6 %6 %76 %76 %15 %15 %4 %4 %
Top 5 partners in 2021
(exports, millions of US$)
63 53262 19949 33241 63829 00463 53262 19949 33241 63829 004
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services²
(millions of US$)
2005
2010
2015
2021
Services exports
45 605
100 382
153 200
229 866
Services imports
55 052
100 518
161 693
223 580
Services trade balance
-9 447
-136
-8 493
6 286
Services exports by main category²
(as % of total services)
2005
2010
2015
2021
Transport
42.7
38.4
30.4
29.6
Travel
13.6
14.1
10.8
1.7
Other services
36.9
40.9
54.1
65.2
TRADE INDICES
More data on UNCTADstat
1131011011051029910091908586847178767165605140384094919495969910093949293969796969799100100108111114
ECONOMIC TRENDS
More data on UNCTADstat
+6.1 %
Gross domestic product growth rate in 2021
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2021
GDP, current
127 808
239 808
307 999
385 221
GDP per capita, current US$
29 417
46 442
54 513
64 840
Real GDP growth, y-on-y, %
7.36
14.53
2.99
6.05
Current account balance, % of GDP
23.26
22.93
18.69
18.67
Exchange rate (/US$)
1.664
1.364
1.375
1.343
GDP by expenditure in 2020
(as % of total GDP)
33.012.422.6176.2144.333.012.422.6176.2144.3
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+12.3 %
FDI outflows as % of GDP in 2021
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2021
FDI inflows
17 747.78
57 460.08
59 700.11
99 099.28
FDI outflows
12 552.51
35 407.15
45 223.05
47 395.24
Personal remittances, % of GDP
..
..
..
..
Financial flows trends
(millions of US$)
99 09975 437106 32373 93282 48367 50259 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
2021
Balance, % of GDP
29.89
26.31
27.30
32.32
Balance, % of imports
15.31
15.33
18.07
20.43
Normalized balance
0.071
0.071
0.083
0.093
Trade openness²
(sum of imports and exports as % of GDP)
349336322325316303329360367369379370358437394425420
LIVING AREA
Population by living area in 2021
(% of population)
Urban
100%Urban 100%Rural
0%
OTHER INDICATORS
More data on UNCTADstat
6.382 %
Share of the total world merchant fleet in 2021
Maritime transport indicators
 
2005
2010
2015
2021
Merchant fleet, national flag (thousands of DWT)
40 935
61 660
117 534
136 330
Liner shipping connectivity index (maximum 2006 = 100 for China)
..
90.29
98.32
112.76
Container port throughput (TEU)
..
29 147 000
31 710 200
..
Information economy indicators
(as % of)
2005
2010
2015
2021
Share of ICT goods, % of total exports
15.88
34.08
32.40
..
Share of ICT goods, % of total imports
11.28
27.54
26.98
..
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).
q
Estimated. Data refers to 2020.
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: 20 October 2022