Merchandise imports by the reporting economy (current US$), per unit in Singapore
Singapore: Merchandise imports by the reporting economy (current US$), per unit was 0.828 current US$ per US$ of GDP in 2023. ▼ Falling
Merchandise imports 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 imports by the reporting economy (current us$), per unit in Singapore stood at 0.828 current US$ per US$ of GDP.
That represents a change of down 10.5% on the previous year and down 31.6% over ten years.
Over the whole period, merchandise imports by the reporting economy (current us$), per unit in Singapore peaked at 1.99 current US$ per US$ of GDP in 1980 and was at its lowest, 0.6088 current US$ per US$ of GDP, in 1962.
That places Singapore 13th out of 202 countries with data for 2023, putting it in the top 10%.
The long-run direction has been consistently falling across the 59 years of available data.
Merchandise imports by the reporting economy (current US$), per unit in Singapore, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.6091 current US$ per US$ of GDP | — |
| 1962 | 0.6088 current US$ per US$ of GDP | -0.0% |
| 1963 | 0.6222 current US$ per US$ of GDP | +2.2% |
| 1968 | 1.13 current US$ per US$ of GDP | +81.5% |
| 1969 | 1.19 current US$ per US$ of GDP | +5.2% |
| 1970 | 1.25 current US$ per US$ of GDP | +5.5% |
| 1971 | 1.23 current US$ per US$ of GDP | -2.1% |
| 1972 | 1.23 current US$ per US$ of GDP | +0.1% |
| 1973 | 1.37 current US$ per US$ of GDP | +11.9% |
| 1974 | 1.56 current US$ per US$ of GDP | +13.4% |
| 1975 | 1.41 current US$ per US$ of GDP | -9.8% |
| 1976 | 1.41 current US$ per US$ of GDP | +0.1% |
| 1977 | 1.57 current US$ per US$ of GDP | +11.3% |
| 1978 | 1.72 current US$ per US$ of GDP | +9.6% |
| 1979 | 1.87 current US$ per US$ of GDP | +9.2% |
| 1980 | 1.99 current US$ per US$ of GDP | +6.5% |
| 1981 | 1.92 current US$ per US$ of GDP | -3.5% |
| 1982 | 1.73 current US$ per US$ of GDP | -10.1% |
| 1983 | 1.57 current US$ per US$ of GDP | -9.5% |
| 1984 | 1.43 current US$ per US$ of GDP | -8.5% |
| 1985 | 1.36 current US$ per US$ of GDP | -5.3% |
| 1986 | 1.35 current US$ per US$ of GDP | -0.4% |
| 1987 | 1.54 current US$ per US$ of GDP | +13.8% |
| 1988 | 1.7 current US$ per US$ of GDP | +10.6% |
| 1989 | 1.6 current US$ per US$ of GDP | -5.8% |
| 1990 | 1.66 current US$ per US$ of GDP | +3.5% |
| 1991 | 1.43 current US$ per US$ of GDP | -13.7% |
| 1992 | 1.36 current US$ per US$ of GDP | -4.8% |
| 1993 | 1.39 current US$ per US$ of GDP | +2.0% |
| 1994 | 1.37 current US$ per US$ of GDP | -1.2% |
| 1995 | 1.41 current US$ per US$ of GDP | +2.4% |
| 1996 | 1.36 current US$ per US$ of GDP | -3.7% |
| 1997 | 1.32 current US$ per US$ of GDP | -2.5% |
| 1998 | 1.18 current US$ per US$ of GDP | -10.5% |
| 1999 | 1.29 current US$ per US$ of GDP | +8.7% |
| 2000 | 1.39 current US$ per US$ of GDP | +8.5% |
| 2001 | 1.29 current US$ per US$ of GDP | -7.7% |
| 2002 | 1.26 current US$ per US$ of GDP | -2.5% |
| 2003 | 1.39 current US$ per US$ of GDP | +10.9% |
| 2004 | 1.49 current US$ per US$ of GDP | +7.3% |
| 2005 | 1.55 current US$ per US$ of GDP | +3.9% |
| 2006 | 1.6 current US$ per US$ of GDP | +3.0% |
| 2007 | 1.45 current US$ per US$ of GDP | -9.5% |
| 2008 | 1.64 current US$ per US$ of GDP | +13.6% |
| 2009 | 1.26 current US$ per US$ of GDP | -23.4% |
| 2010 | 1.29 current US$ per US$ of GDP | +2.4% |
| 2011 | 1.29 current US$ per US$ of GDP | -0.0% |
| 2012 | 1.28 current US$ per US$ of GDP | -0.5% |
| 2013 | 1.21 current US$ per US$ of GDP | -5.5% |
| 2014 | 1.16 current US$ per US$ of GDP | -4.0% |
| 2015 | 0.9642 current US$ per US$ of GDP | -17.1% |
| 2016 | 0.8795 current US$ per US$ of GDP | -8.8% |
| 2017 | 0.9388 current US$ per US$ of GDP | +6.7% |
| 2018 | 0.9811 current US$ per US$ of GDP | +4.5% |
| 2019 | 0.9532 current US$ per US$ of GDP | -2.8% |
| 2020 | 0.744 current US$ per US$ of GDP | -21.9% |
| 2021 | 0.921 current US$ per US$ of GDP | +23.8% |
| 2022 | 0.9252 current US$ per US$ of GDP | +0.5% |
| 2023 | 0.828 current US$ per US$ of GDP | -10.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.8314 current US$ per US$ of GDP | 0.6088 current US$ per US$ of GDP | 1.19 current US$ per US$ of GDP | 5 |
| 1970s | 1.46 current US$ per US$ of GDP | 1.23 current US$ per US$ of GDP | 1.87 current US$ per US$ of GDP | 10 |
| 1980s | 1.62 current US$ per US$ of GDP | 1.35 current US$ per US$ of GDP | 1.99 current US$ per US$ of GDP | 10 |
| 1990s | 1.38 current US$ per US$ of GDP | 1.18 current US$ per US$ of GDP | 1.66 current US$ per US$ of GDP | 10 |
| 2000s | 1.43 current US$ per US$ of GDP | 1.26 current US$ per US$ of GDP | 1.64 current US$ per US$ of GDP | 10 |
| 2010s | 1.1 current US$ per US$ of GDP | 0.8795 current US$ per US$ of GDP | 1.29 current US$ per US$ of GDP | 10 |
| 2020s | 0.8546 current US$ per US$ of GDP | 0.744 current US$ per US$ of GDP | 0.9252 current US$ per US$ of GDP | 4 |
Countries ranked near Singapore
- 10 Lebanon 0.8973 current US$ per US$ of GDP compare
- 11 Belgium 0.8533 current US$ per US$ of GDP compare
- 12 Slovakia 0.8488 current US$ per US$ of GDP compare
- 14 Kyrgyzstan 0.8245 current US$ per US$ of GDP compare
- 15 Belarus 0.788 current US$ per US$ of GDP compare
- 16 Lesotho 0.7723 current US$ per US$ of GDP compare
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$), annual growth rate 12.11 % change on previous year (2025)
Frequently asked questions
- What is merchandise imports by the reporting economy (current us$), per unit in Singapore?
- Merchandise imports by the reporting economy (current us$), per unit in Singapore was 0.828 current US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest merchandise imports by the reporting economy (current us$), per unit recorded in Singapore?
- The highest recorded value was 1.99 current US$ per US$ of GDP in 1980.
- What is the lowest merchandise imports by the reporting economy (current us$), per unit recorded in Singapore?
- The lowest recorded value was 0.6088 current US$ per US$ of GDP in 1962.
- How does Singapore rank for merchandise imports by the reporting economy (current us$), per unit?
- Singapore ranks 13th out of 202 countries with data for 2023.
- Is merchandise imports by the reporting economy (current us$), per unit rising or falling in Singapore?
- Over the last ten years it is down 31.6%. The long-run trend across the full record is falling.
- 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$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Merchandise imports by the reporting economy (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Merchandise imports by the reporting economy (current US$) ÷ GDP (current US$)
Computed from
- Merchandise imports by the reporting economy Staff estimates, World Bank (WB)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Merchandise imports by the reporting economy (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.