Merchandise imports by the reporting economy (current US$) … annual in Singapore
Singapore: Merchandise imports by the reporting economy (current US$) … annual was -11.04 % change on previous year in 2023. ◆ Volatile
Merchandise imports by the reporting economy (current US$), annual in Singapore, 1963–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Singapore recorded -11.04 % change on previous year for merchandise imports by the reporting economy (current us$), annual in 2023.
That represents a change of down 164.5% on the previous year and down 624.2% over ten years.
Over the whole period, merchandise imports by the reporting economy (current us$), annual in Singapore peaked at 60.24 % change on previous year in 1974 and was at its lowest, -27.25 % change on previous year, in 2020.
Singapore ranks 179th of 206 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise imports by the reporting economy (current US$) … annual in Singapore, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1963 | 13.51 % change on previous year | — |
| 1969 | 22.48 % change on previous year | +66.4% |
| 1970 | 22.06 % change on previous year | -1.9% |
| 1971 | 15.41 % change on previous year | -30.2% |
| 1972 | 20.28 % change on previous year | +31.6% |
| 1973 | 51.92 % change on previous year | +156.0% |
| 1974 | 60.24 % change on previous year | +16.0% |
| 1975 | -2.66 % change on previous year | -104.4% |
| 1976 | 12.44 % change on previous year | -568.7% |
| 1977 | 16.44 % change on previous year | +32.1% |
| 1978 | 24.49 % change on previous year | +49.0% |
| 1979 | 35.01 % change on previous year | +43.0% |
| 1980 | 36.22 % change on previous year | +3.5% |
| 1981 | 14.94 % change on previous year | -58.8% |
| 1982 | 1.99 % change on previous year | -86.7% |
| 1983 | 0.0568 % change on previous year | -97.2% |
| 1984 | 1.64 % change on previous year | +2785.7% |
| 1985 | -8.13 % change on previous year | -596.3% |
| 1986 | -3.32 % change on previous year | -59.2% |
| 1987 | 28.1 % change on previous year | -946.7% |
| 1988 | 34.17 % change on previous year | +21.6% |
| 1989 | 13.08 % change on previous year | -61.7% |
| 1990 | 22.78 % change on previous year | +74.1% |
| 1991 | 8.58 % change on previous year | -62.3% |
| 1992 | 9.17 % change on previous year | +6.8% |
| 1993 | 18.62 % change on previous year | +103.1% |
| 1994 | 20.12 % change on previous year | +8.0% |
| 1995 | 22.02 % change on previous year | +9.4% |
| 1996 | 5.63 % change on previous year | -74.4% |
| 1997 | 1.34 % change on previous year | -76.2% |
| 1998 | -23.41 % change on previous year | -1844.7% |
| 1999 | 9.45 % change on previous year | -140.4% |
| 2000 | 20.79 % change on previous year | +120.1% |
| 2001 | -13.69 % change on previous year | -165.9% |
| 2002 | 0.454 % change on previous year | -103.3% |
| 2003 | 17.05 % change on previous year | +3654.6% |
| 2004 | 26.43 % change on previous year | +55.0% |
| 2005 | 15.41 % change on previous year | -41.7% |
| 2006 | 19.75 % change on previous year | +28.1% |
| 2007 | 10.17 % change on previous year | -48.5% |
| 2008 | 21.59 % change on previous year | +112.4% |
| 2009 | -23.2 % change on previous year | -207.5% |
| 2010 | 26.45 % change on previous year | -214.0% |
| 2011 | 16.48 % change on previous year | -37.7% |
| 2012 | 5.11 % change on previous year | -69.0% |
| 2013 | -1.52 % change on previous year | -129.9% |
| 2014 | -1.7 % change on previous year | +11.8% |
| 2015 | -18.9 % change on previous year | +1008.8% |
| 2016 | -5.01 % change on previous year | -73.5% |
| 2017 | 14.74 % change on previous year | -394.4% |
| 2018 | 14.56 % change on previous year | -1.2% |
| 2019 | -3.14 % change on previous year | -121.6% |
| 2020 | -27.25 % change on previous year | +768.1% |
| 2021 | 55.47 % change on previous year | -303.6% |
| 2022 | 17.12 % change on previous year | -69.1% |
| 2023 | -11.04 % change on previous year | -164.5% |
Singapore compared with similar countries
- Singapore's -11.04 % change on previous year is below the median for high income countries, which is -2.99 % change on previous year, 3.7× the median. (74 countries reporting)
- Singapore's -11.04 % change on previous year is below the median for East Asia & Pacific, which is -4.04 % change on previous year, 2.7× the median. (36 countries reporting)
Biggest year-on-year movements
Years where Merchandise imports by the reporting economy (current US$) … annual 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 |
|---|---|---|---|
| 2003 | +3654.6% | 0.454 % change on previous year | 17.05 % change on previous year |
| 1984 | +2785.7% | 0.0568 % change on previous year | 1.64 % change on previous year |
| 1998 | -1844.7% | 1.34 % change on previous year | -23.41 % change on previous year |
| 2015 | -1008.8% | -1.7 % change on previous year | -18.9 % change on previous year |
| 1987 | +946.7% | -3.32 % change on previous year | 28.1 % change on previous year |
| 2020 | -768.1% | -3.14 % change on previous year | -27.25 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 17.99 % change on previous year | 13.51 % change on previous year | 22.48 % change on previous year | 2 |
| 1970s | 25.56 % change on previous year | -2.66 % change on previous year | 60.24 % change on previous year | 10 |
| 1980s | 11.88 % change on previous year | -8.13 % change on previous year | 36.22 % change on previous year | 10 |
| 1990s | 9.43 % change on previous year | -23.41 % change on previous year | 22.78 % change on previous year | 10 |
| 2000s | 9.47 % change on previous year | -23.2 % change on previous year | 26.43 % change on previous year | 10 |
| 2010s | 4.71 % change on previous year | -18.9 % change on previous year | 26.45 % change on previous year | 10 |
| 2020s | 8.57 % change on previous year | -27.25 % change on previous year | 55.47 % change on previous year | 4 |
Countries ranked near Singapore
- 176 Ghana -10.57 % change on previous year compare
- 177 San Marino -10.65 % change on previous year compare
- 178 Gibraltar -10.74 % change on previous year compare
- 180 Peru -11.45 % change on previous year compare
- 181 South Korea -11.66 % change on previous year compare
- 182 Brazil -11.72 % change on previous year 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 imports by the reporting economy (current us$), annual in Singapore?
- Merchandise imports by the reporting economy (current us$), annual in Singapore was -11.04 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest merchandise imports by the reporting economy (current us$), annual recorded in Singapore?
- The highest recorded value was 60.24 % change on previous year in 1974.
- What is the lowest merchandise imports by the reporting economy (current us$), annual recorded in Singapore?
- The lowest recorded value was -27.25 % change on previous year in 2020.
- How does Singapore rank for merchandise imports by the reporting economy (current us$), annual?
- Singapore ranks 179th out of 206 countries with data for 2023.
- Is merchandise imports by the reporting economy (current us$), annual rising or falling in Singapore?
- Over the last ten years it is down 624.2%. The long-run trend across the full record is volatile.
- Where does this Singapore data come from?
- The figures come from Statizoid (derived), published as part of Merchandise imports by the reporting economy (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 56 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Merchandise imports by the reporting economy (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Merchandise imports by the reporting economy Staff estimates, World Bank (WB)
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
The year-on-year percentage change in Merchandise imports by the reporting economy (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.