Commercial service exports in Singapore
Singapore: Commercial service exports was 421.98 billion current US$ in 2025. ◆ Volatile
Commercial service exports in Singapore, 1972–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current US$.
Analysis
The most recent figure for commercial service exports in Singapore is 421.98 billion current US$, measured in 2025. That is the highest value across all 54 years on record.
That represents a change of up 5.7% on the previous year and up 176.0% over ten years.
Over the whole period, commercial service exports in Singapore peaked at 421.98 billion current US$ in 2025 and was at its lowest, 896.71 million current US$, in 1972.
That places Singapore 6th out of 200 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Commercial service exports in Singapore, year by year
| Year | current US$ | Change |
|---|---|---|
| 1972 | 896.71 million current US$ | — |
| 1973 | 1.29 billion current US$ | +44.2% |
| 1974 | 1.84 billion current US$ | +42.6% |
| 1975 | 2.34 billion current US$ | +26.8% |
| 1976 | 2.32 billion current US$ | -0.6% |
| 1977 | 2.55 billion current US$ | +9.8% |
| 1978 | 3.08 billion current US$ | +20.7% |
| 1979 | 3.55 billion current US$ | +15.1% |
| 1980 | 4.77 billion current US$ | +34.7% |
| 1981 | 7.09 billion current US$ | +48.4% |
| 1982 | 8.02 billion current US$ | +13.2% |
| 1983 | 7.73 billion current US$ | -3.6% |
| 1984 | 6.04 billion current US$ | -21.8% |
| 1985 | 4.60 billion current US$ | -23.9% |
| 1986 | 4.72 billion current US$ | +2.6% |
| 1987 | 5.70 billion current US$ | +20.9% |
| 1988 | 7.47 billion current US$ | +30.9% |
| 1989 | 9.57 billion current US$ | +28.2% |
| 1990 | 12.72 billion current US$ | +32.9% |
| 1991 | 13.73 billion current US$ | +7.9% |
| 1992 | 16.10 billion current US$ | +17.3% |
| 1993 | 18.50 billion current US$ | +14.9% |
| 1994 | 22.94 billion current US$ | +24.0% |
| 1995 | 25.93 billion current US$ | +13.0% |
| 1996 | 27.12 billion current US$ | +4.6% |
| 1997 | 26.34 billion current US$ | -2.9% |
| 1998 | 22.77 billion current US$ | -13.5% |
| 1999 | 24.06 billion current US$ | +5.7% |
| 2000 | 25.89 billion current US$ | +7.6% |
| 2001 | 25.71 billion current US$ | -0.7% |
| 2002 | 27.75 billion current US$ | +8.0% |
| 2003 | 30.25 billion current US$ | +9.0% |
| 2004 | 39.35 billion current US$ | +30.1% |
| 2005 | 45.42 billion current US$ | +15.4% |
| 2006 | 58.12 billion current US$ | +28.0% |
| 2007 | 73.30 billion current US$ | +26.1% |
| 2008 | 88.92 billion current US$ | +21.3% |
| 2009 | 80.77 billion current US$ | -9.2% |
| 2010 | 100.12 billion current US$ | +24.0% |
| 2011 | 118.97 billion current US$ | +18.8% |
| 2012 | 129.14 billion current US$ | +8.5% |
| 2013 | 141.72 billion current US$ | +9.7% |
| 2014 | 153.47 billion current US$ | +8.3% |
| 2015 | 152.91 billion current US$ | -0.4% |
| 2016 | 152.71 billion current US$ | -0.1% |
| 2017 | 174.06 billion current US$ | +14.0% |
| 2018 | 212.37 billion current US$ | +22.0% |
| 2019 | 227.30 billion current US$ | +7.0% |
| 2020 | 220.01 billion current US$ | -3.2% |
| 2021 | 287.15 billion current US$ | +30.5% |
| 2022 | 342.69 billion current US$ | +19.3% |
| 2023 | 350.65 billion current US$ | +2.3% |
| 2024 | 399.07 billion current US$ | +13.8% |
| 2025 | 421.98 billion current US$ | +5.7% |
Singapore compared with similar countries
- Singapore's 421.98 billion current US$ is above the median for high income countries, which is 24.20 billion current US$, 17.4× the median. (72 countries reporting)
- Singapore's 421.98 billion current US$ is above the median for East Asia & Pacific, which is 1.73 billion current US$, 243.8× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.23 billion current US$ | 896.71 million current US$ | 3.55 billion current US$ | 8 |
| 1980s | 6.57 billion current US$ | 4.60 billion current US$ | 9.57 billion current US$ | 10 |
| 1990s | 21.02 billion current US$ | 12.72 billion current US$ | 27.12 billion current US$ | 10 |
| 2000s | 49.55 billion current US$ | 25.71 billion current US$ | 88.92 billion current US$ | 10 |
| 2010s | 156.28 billion current US$ | 100.12 billion current US$ | 227.30 billion current US$ | 10 |
| 2020s | 336.93 billion current US$ | 220.01 billion current US$ | 421.98 billion current US$ | 6 |
Countries ranked near Singapore
More private sector data for Singapore
- Merchandise trade 177.6% (2025)
- Food imports 3.7% (2024)
- Manufactures imports 70.9% (2024)
- Merchandise imports 505.84 billion current US$ (2025)
- Food exports 2.8% (2024)
- Manufactures exports 74.5% (2024)
- Merchandise exports 566.87 billion current US$ (2025)
- Merchandise exports (current US$), per capita 92,760 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.9387 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 12.11 % change on previous year (2025)
Frequently asked questions
- What is commercial service exports in Singapore?
- Commercial service exports in Singapore was 421.98 billion current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest commercial service exports recorded in Singapore?
- The highest recorded value was 421.98 billion current US$ in 2025.
- What is the lowest commercial service exports recorded in Singapore?
- The lowest recorded value was 896.71 million current US$ in 1972.
- How does Singapore rank for commercial service exports?
- Singapore ranks 6th out of 200 countries with data for 2025.
- Is commercial service exports rising or falling in Singapore?
- Over the last ten years it is up 176.0%. The long-run trend across the full record is volatile.
- Where does this Singapore data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Commercial service exports (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Commercial service exports are total service exports minus exports of government services not included elsewhere. Exports of services are services provided by residents to non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.