Merchandise imports from low- and middle-income economies outside in Singapore

Singapore: Merchandise imports from low- and middle-income economies outside was 5.3% in 2023. ▼ Falling

Latest (2023)
5.3%
Change on year
down 4.8%
World rank
174th
of 206 countries
All-time high
10.5%
in 1963
All-time low
2.6%
in 1996
Years of data
59
1960–2023

Merchandise imports from low- and middle-income economies outside in Singapore, 1960–2023

246810196019912023

Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.

Analysis

Singapore recorded 5.3% for merchandise imports from low- and middle-income economies outside in 2023.

Compared with earlier readings it is down 4.8% on the previous year and down 10.2% over ten years.

Over the whole period, merchandise imports from low- and middle-income economies outside in Singapore peaked at 10.5% in 1963 and was at its lowest, 2.6%, in 1996.

That places Singapore 174th out of 206 countries with data for 2023, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 59 years of available data.

Merchandise imports from low- and middle-income economies outside in Singapore, year by year

Annual values for Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) in Singapore, 1960 to 2023.
Year % of total merchandise imports Change
1960 3.9%
1962 4.7% +21.3%
1963 10.5% +121.9%
1968 7.3% -30.5%
1969 7.0% -3.2%
1970 6.2% -11.9%
1971 5.3% -14.5%
1972 6.1% +15.4%
1973 6.3% +2.8%
1974 8.8% +39.1%
1975 9.2% +5.6%
1976 7.6% -17.5%
1977 8.9% +16.6%
1978 8.1% -8.5%
1979 7.4% -9.3%
1980 4.1% -44.6%
1981 3.4% -15.6%
1982 6.4% +84.7%
1983 5.4% -15.5%
1984 3.2% -41.1%
1985 6.8% +116.0%
1986 6.0% -11.7%
1987 3.6% -40.4%
1988 3.3% -9.5%
1989 3.3% +0.7%
1990 3.2% -2.6%
1991 3.2% -0.7%
1992 3.5% +9.9%
1993 3.4% -2.9%
1994 2.8% -16.2%
1995 2.7% -4.1%
1996 2.6% -4.8%
1997 2.8% +8.7%
1998 3.0% +6.8%
1999 3.2% +4.9%
2000 3.4% +6.6%
2001 3.4% -0.4%
2002 3.5% +3.9%
2003 3.5% -0.1%
2004 4.3% +23.9%
2005 4.5% +4.4%
2006 4.4% -3.1%
2007 4.3% -0.8%
2008 5.0% +16.2%
2009 4.7% -6.8%
2010 5.7% +21.6%
2011 6.5% +13.4%
2012 6.3% -2.5%
2013 5.9% -6.3%
2014 5.9% +0.4%
2015 4.8% -20.0%
2016 4.9% +3.0%
2017 5.5% +12.6%
2018 5.6% +0.9%
2019 5.8% +3.7%
2020 5.3% -7.3%
2021 5.8% +8.9%
2022 5.6% -4.2%
2023 5.3% -4.8%

Singapore compared with similar countries

  • Singapore's 5.3% is below the median for high income countries, which is 11.2%, 47% of the median. (74 countries reporting)
  • Singapore's 5.3% is above the median for East Asia & Pacific, which is 3.1%, 1.7× the median. (36 countries reporting)

Biggest year-on-year movements

Years where Merchandise imports from low- and middle-income economies outside 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.

YearChange FromTo
1963 +121.9% 4.7% 10.5%
1985 +116.0% 3.2% 6.8%
1982 +84.7% 3.4% 6.4%

Averages by decade

DecadeAverage LowestHighest Years
1960s 6.7% 3.9% 10.5% 5
1970s 7.4% 5.3% 9.2% 10
1980s 4.6% 3.2% 6.8% 10
1990s 3.0% 2.6% 3.5% 10
2000s 4.1% 3.4% 5.0% 10
2010s 5.7% 4.8% 6.5% 10
2020s 5.5% 5.3% 5.8% 4

Countries ranked near Singapore

  1. 171 Japan 5.7% compare
  2. 172 Vietnam 5.7% compare
  3. 173 Latvia 5.6% compare
  4. 175 New Zealand 4.6% compare
  5. 176 Philippines 4.4% compare
  6. 177 Myanmar 4.3% compare

See the full ranking of 253 places →

More private sector data for Singapore

All data for Singapore →

Frequently asked questions

What is merchandise imports from low- and middle-income economies outside in Singapore?
Merchandise imports from low- and middle-income economies outside in Singapore was 5.3% in 2023, according to Staff estimates, World Bank (WB).
What is the highest merchandise imports from low- and middle-income economies outside recorded in Singapore?
The highest recorded value was 10.5% in 1963.
What is the lowest merchandise imports from low- and middle-income economies outside recorded in Singapore?
The lowest recorded value was 2.6% in 1996.
How does Singapore rank for merchandise imports from low- and middle-income economies outside?
Singapore ranks 174th out of 206 countries with data for 2023.
Is merchandise imports from low- and middle-income economies outside rising or falling in Singapore?
Over the last ten years it is down 10.2%. The long-run trend across the full record is falling.
Where does this Singapore data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports). Statizoid updates them automatically from the source API.

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Merchandise imports from low- and middle-income economies outside in Singapore. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 17 September 2026, from https://private-sector.statizoid.com/stat/merchandise-imports-from-low-and-middle-income-economies-outside-region-percent-of-total/singapore/

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About this data

Indicator
Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
Unit
% of total merchandise imports
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
253 places, 13,303 data points, 1960–2023
Last refreshed

Merchandise imports from low- and middle-income economies outside region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in other World Bank regions according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.