Merchandise exports by the reporting economy (current US$) … unit in Singapore
Singapore: Merchandise exports by the reporting economy (current US$) … unit was 0.9307 current US$ per US$ of GDP in 2023. ▲ Rising
Merchandise exports by the reporting economy (current US$), per unit in Singapore, 1960–2023
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2023, merchandise exports by the reporting economy (current us$), per unit in Singapore stood at 0.9307 current US$ per US$ of GDP.
The figure is down 7.2% on the previous year and down 30.0% over ten years.
Over the whole period, merchandise exports by the reporting economy (current us$), per unit in Singapore peaked at 1.82 current US$ per US$ of GDP in 2006 and was at its lowest, 0.1582 current US$ per US$ of GDP, in 1963.
Singapore ranks 7th of 202 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 59 years of available data.
Merchandise exports by the reporting economy (current US$) … unit in Singapore, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.2624 current US$ per US$ of GDP | — |
| 1962 | 0.192 current US$ per US$ of GDP | -26.8% |
| 1963 | 0.1582 current US$ per US$ of GDP | -17.6% |
| 1968 | 0.8429 current US$ per US$ of GDP | +432.9% |
| 1969 | 0.8731 current US$ per US$ of GDP | +3.6% |
| 1970 | 0.7517 current US$ per US$ of GDP | -13.9% |
| 1971 | 0.7294 current US$ per US$ of GDP | -3.0% |
| 1972 | 0.7618 current US$ per US$ of GDP | +4.4% |
| 1973 | 0.9349 current US$ per US$ of GDP | +22.7% |
| 1974 | 1.05 current US$ per US$ of GDP | +12.8% |
| 1975 | 0.911 current US$ per US$ of GDP | -13.6% |
| 1976 | 0.991 current US$ per US$ of GDP | +8.8% |
| 1977 | 1.19 current US$ per US$ of GDP | +19.7% |
| 1978 | 1.29 current US$ per US$ of GDP | +8.5% |
| 1979 | 1.46 current US$ per US$ of GDP | +13.5% |
| 1980 | 1.56 current US$ per US$ of GDP | +6.6% |
| 1981 | 1.42 current US$ per US$ of GDP | -8.8% |
| 1982 | 1.25 current US$ per US$ of GDP | -12.4% |
| 1983 | 1.18 current US$ per US$ of GDP | -5.0% |
| 1984 | 1.17 current US$ per US$ of GDP | -0.8% |
| 1985 | 1.15 current US$ per US$ of GDP | -2.1% |
| 1986 | 1.17 current US$ per US$ of GDP | +1.6% |
| 1987 | 1.32 current US$ per US$ of GDP | +13.1% |
| 1988 | 1.49 current US$ per US$ of GDP | +13.3% |
| 1989 | 1.42 current US$ per US$ of GDP | -5.0% |
| 1990 | 1.4 current US$ per US$ of GDP | -1.1% |
| 1991 | 1.26 current US$ per US$ of GDP | -10.6% |
| 1992 | 1.18 current US$ per US$ of GDP | -6.0% |
| 1993 | 1.2 current US$ per US$ of GDP | +1.3% |
| 1994 | 1.29 current US$ per US$ of GDP | +8.2% |
| 1995 | 1.34 current US$ per US$ of GDP | +3.5% |
| 1996 | 1.29 current US$ per US$ of GDP | -3.5% |
| 1997 | 1.25 current US$ per US$ of GDP | -3.3% |
| 1998 | 1.28 current US$ per US$ of GDP | +2.4% |
| 1999 | 1.33 current US$ per US$ of GDP | +3.8% |
| 2000 | 1.43 current US$ per US$ of GDP | +7.9% |
| 2001 | 1.35 current US$ per US$ of GDP | -5.5% |
| 2002 | 1.35 current US$ per US$ of GDP | -0.3% |
| 2003 | 1.63 current US$ per US$ of GDP | +21.1% |
| 2004 | 1.72 current US$ per US$ of GDP | +5.3% |
| 2005 | 1.79 current US$ per US$ of GDP | +3.9% |
| 2006 | 1.82 current US$ per US$ of GDP | +1.9% |
| 2007 | 1.65 current US$ per US$ of GDP | -9.7% |
| 2008 | 1.74 current US$ per US$ of GDP | +5.5% |
| 2009 | 1.38 current US$ per US$ of GDP | -20.5% |
| 2010 | 1.46 current US$ per US$ of GDP | +5.6% |
| 2011 | 1.44 current US$ per US$ of GDP | -1.4% |
| 2012 | 1.38 current US$ per US$ of GDP | -4.4% |
| 2013 | 1.33 current US$ per US$ of GDP | -3.4% |
| 2014 | 1.29 current US$ per US$ of GDP | -2.9% |
| 2015 | 1.13 current US$ per US$ of GDP | -12.2% |
| 2016 | 1.03 current US$ per US$ of GDP | -9.5% |
| 2017 | 1.06 current US$ per US$ of GDP | +3.4% |
| 2018 | 1.09 current US$ per US$ of GDP | +2.9% |
| 2019 | 1.04 current US$ per US$ of GDP | -5.1% |
| 2020 | 0.8194 current US$ per US$ of GDP | -20.9% |
| 2021 | 1.04 current US$ per US$ of GDP | +26.5% |
| 2022 | 1 current US$ per US$ of GDP | -3.2% |
| 2023 | 0.9307 current US$ per US$ of GDP | -7.2% |
Singapore compared with similar countries
- Singapore's 0.9307 current US$ per US$ of GDP is above the median for high income countries, which is 0.2644 current US$ per US$ of GDP, 3.5× the median. (73 countries reporting)
- Singapore's 0.9307 current US$ per US$ of GDP is above the median for East Asia & Pacific, which is 0.1887 current US$ per US$ of GDP, 4.9× the median. (35 countries reporting)
Biggest year-on-year movements
Years where Merchandise exports by the reporting economy (current US$) … unit in Singapore changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1968 | +432.9% | 0.1582 current US$ per US$ of GDP | 0.8429 current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.4657 current US$ per US$ of GDP | 0.1582 current US$ per US$ of GDP | 0.8731 current US$ per US$ of GDP | 5 |
| 1970s | 1.01 current US$ per US$ of GDP | 0.7294 current US$ per US$ of GDP | 1.46 current US$ per US$ of GDP | 10 |
| 1980s | 1.31 current US$ per US$ of GDP | 1.15 current US$ per US$ of GDP | 1.56 current US$ per US$ of GDP | 10 |
| 1990s | 1.28 current US$ per US$ of GDP | 1.18 current US$ per US$ of GDP | 1.4 current US$ per US$ of GDP | 10 |
| 2000s | 1.59 current US$ per US$ of GDP | 1.35 current US$ per US$ of GDP | 1.82 current US$ per US$ of GDP | 10 |
| 2010s | 1.22 current US$ per US$ of GDP | 1.03 current US$ per US$ of GDP | 1.46 current US$ per US$ of GDP | 10 |
| 2020s | 0.9474 current US$ per US$ of GDP | 0.8194 current US$ per US$ of GDP | 1.04 current US$ per US$ of GDP | 4 |
Countries ranked near Singapore
- 4 Djibouti 1.23 current US$ per US$ of GDP compare
- 5 Gambia 1.19 current US$ per US$ of GDP compare
- 6 Slovenia 1.05 current US$ per US$ of GDP compare
- 8 Slovakia 0.8793 current US$ per US$ of GDP compare
- 9 Belgium 0.8644 current US$ per US$ of GDP compare
- 10 Netherlands 0.8016 current US$ per US$ of GDP compare
More private sector data for Singapore
- Merchandise trade 177.6% (2025)
- Food imports 3.5% (2025)
- Manufactures imports 74.5% (2025)
- Merchandise imports 505.84 billion current US$ (2025)
- Commercial service imports 384.49 billion current US$ (2025)
- Food exports 2.3% (2025)
- Manufactures exports 78.2% (2025)
- Merchandise exports 566.87 billion current US$ (2025)
- Commercial service exports 421.98 billion current US$ (2025)
- Merchandise exports (current US$), per capita 92,760 current US$ per person (2025)
Frequently asked questions
- What is merchandise exports by the reporting economy (current us$), per unit in Singapore?
- Merchandise exports by the reporting economy (current us$), per unit in Singapore was 0.9307 current US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest merchandise exports by the reporting economy (current us$), per unit recorded in Singapore?
- The highest recorded value was 1.82 current US$ per US$ of GDP in 2006.
- What is the lowest merchandise exports by the reporting economy (current us$), per unit recorded in Singapore?
- The lowest recorded value was 0.1582 current US$ per US$ of GDP in 1963.
- How does Singapore rank for merchandise exports by the reporting economy (current us$), per unit?
- Singapore ranks 7th out of 202 countries with data for 2023.
- Is merchandise exports by the reporting economy (current us$), per unit rising or falling in Singapore?
- Over the last ten years it is down 30.0%. The long-run trend across the full record is rising.
- Where does this Singapore data come from?
- The figures come from Statizoid (derived), published as part of Merchandise exports by the reporting economy (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 59 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Merchandise exports by the reporting economy (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Merchandise exports by the reporting economy (current US$) ÷ GDP (current US$)
Computed from
- Merchandise exports by the reporting economy Staff estimates, World Bank (WB)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Merchandise exports by the reporting economy (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.