Merchandise exports to low- and middle-income economies within region in Singapore
Singapore: Merchandise exports to low- and middle-income economies within region was 42.7% in 2023. ▲ Rising
Merchandise exports to low- and middle-income economies within region in Singapore, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
In 2023, merchandise exports to low- and middle-income economies within region in Singapore stood at 42.7%.
That represents a change of up 0.9% on the previous year and down 1.7% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies within region in Singapore peaked at 46.6% in 1968 and was at its lowest, 7.3%, in 1963.
That places Singapore 33rd out of 203 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently rising across the 59 years of available data.
Merchandise exports to low- and middle-income economies within region in Singapore, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 22.8% | — |
| 1962 | 9.2% | -59.5% |
| 1963 | 7.3% | -21.2% |
| 1968 | 46.6% | +541.2% |
| 1969 | 44.6% | -4.3% |
| 1970 | 38.2% | -14.4% |
| 1971 | 38.7% | +1.4% |
| 1972 | 34.2% | -11.7% |
| 1973 | 29.0% | -15.3% |
| 1974 | 27.8% | -4.0% |
| 1975 | 27.4% | -1.5% |
| 1976 | 22.7% | -16.9% |
| 1977 | 22.3% | -2.0% |
| 1978 | 23.0% | +3.1% |
| 1979 | 24.6% | +7.1% |
| 1980 | 25.5% | +3.5% |
| 1981 | 25.1% | -1.7% |
| 1982 | 27.0% | +7.7% |
| 1983 | 27.5% | +1.8% |
| 1984 | 25.2% | -8.2% |
| 1985 | 24.6% | -2.6% |
| 1986 | 23.8% | -3.2% |
| 1987 | 24.2% | +1.6% |
| 1988 | 24.9% | +3.0% |
| 1989 | 24.9% | -0.1% |
| 1990 | 24.2% | -2.7% |
| 1991 | 25.5% | +5.2% |
| 1992 | 24.3% | -4.6% |
| 1993 | 27.5% | +13.0% |
| 1994 | 31.9% | +16.1% |
| 1995 | 31.9% | -0.2% |
| 1996 | 31.0% | -2.7% |
| 1997 | 30.2% | -2.5% |
| 1998 | 27.3% | -9.6% |
| 1999 | 29.1% | +6.5% |
| 2000 | 31.3% | +7.4% |
| 2001 | 31.4% | +0.5% |
| 2002 | 32.7% | +4.1% |
| 2003 | 38.9% | +18.8% |
| 2004 | 39.5% | +1.7% |
| 2005 | 40.3% | +1.8% |
| 2006 | 40.9% | +1.5% |
| 2007 | 41.7% | +2.1% |
| 2008 | 41.7% | -0.1% |
| 2009 | 40.3% | -3.2% |
| 2010 | 41.0% | +1.7% |
| 2011 | 42.5% | +3.6% |
| 2012 | 43.1% | +1.4% |
| 2013 | 43.4% | +0.7% |
| 2014 | 44.1% | +1.6% |
| 2015 | 43.7% | -0.9% |
| 2016 | 41.9% | -4.2% |
| 2017 | 43.1% | +3.0% |
| 2018 | 42.8% | -0.7% |
| 2019 | 42.7% | -0.2% |
| 2020 | 40.6% | -5.0% |
| 2021 | 42.2% | +4.0% |
| 2022 | 42.3% | +0.1% |
| 2023 | 42.7% | +0.9% |
Singapore compared with similar countries
- Singapore's 42.7% is above the median for high income countries, which is 5.7%, 7.5× the median. (71 countries reporting)
- Singapore's 42.7% is above the median for East Asia & Pacific, which is 35.9%, 1.2× the median. (36 countries reporting)
Biggest year-on-year movements
Years where Merchandise exports to low- and middle-income economies within region 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 | +541.2% | 7.3% | 46.6% |
| 1962 | -59.5% | 22.8% | 9.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 26.1% | 7.3% | 46.6% | 5 |
| 1970s | 28.8% | 22.3% | 38.7% | 10 |
| 1980s | 25.3% | 23.8% | 27.5% | 10 |
| 1990s | 28.3% | 24.2% | 31.9% | 10 |
| 2000s | 37.9% | 31.3% | 41.7% | 10 |
| 2010s | 42.8% | 41.0% | 44.1% | 10 |
| 2020s | 41.9% | 40.6% | 42.7% | 4 |
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 merchandise exports to low- and middle-income economies within region in Singapore?
- Merchandise exports to low- and middle-income economies within region in Singapore was 42.7% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to low- and middle-income economies within region recorded in Singapore?
- The highest recorded value was 46.6% in 1968.
- What is the lowest merchandise exports to low- and middle-income economies within region recorded in Singapore?
- The lowest recorded value was 7.3% in 1963.
- How does Singapore rank for merchandise exports to low- and middle-income economies within region?
- Singapore ranks 33rd out of 203 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies within region rising or falling in Singapore?
- Over the last ten years it is down 1.7%. The long-run trend across the full record is rising.
- Where does this Singapore data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to low- and middle-income economies within region (% of total merchandise exports). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 59 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Merchandise exports to low- and middle-income economies within region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in the same World Bank region as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.