home
docs

Singapore Net exports of goods and services (% of GDP) 2026: Interactive Chart & Historical Data

Net exports of goods and services (% of GDP) in Singapore stood at 35.4% of GDP in 2025, according to Calculation: Export-Import. The latest value is down 0.62 percentage points from 36.01% of GDP in 2024. Ten years earlier, in 2015, the value was 27.3% of GDP (up 8.1 percentage points since). The highest value since 1960 was 39.77% of GDP in 2022, the lowest -20.37% of GDP in 1971. Singapore ranked 4th highest of the 172 countries in this dataset in 2024; Macao ranked first.

Data source: Calculation: Export-Import · Unit: % of GDP · Category: Macroeconomics · Explore more indicators on EconDash

Data updated:Last checked:Frequency:AnnualCoverage:1960–2025
Read full description

What is Net exports of goods and services (% of GDP)?

Net exports of goods and services (% of GDP), measured in % of GDP, measures the total economic output of Singapore. It represents the broadest indicator of economic activity, capturing production, income, and expenditure across all sectors — from manufacturing and services to agriculture and government. GDP can be calculated three ways: by adding up all expenditures (consumption + investment + government spending + net exports), by summing all incomes earned, or by totaling value added at each production stage. In Singapore, the statistical agency compiles GDP data through comprehensive surveys of businesses, government records, and household expenditure patterns. While GDP per capita provides insight into average living standards, it does not capture income distribution, environmental costs, or unpaid work like caregiving. Nevertheless, GDP growth remains the most widely followed metric for assessing whether an economy is expanding or contracting.

Key facts

What is the latest Net exports of goods and services (% of GDP) in Singapore?

Net exports of goods and services (% of GDP) in Singapore stood at 35.4% of GDP in 2025, according to Calculation: Export-Import.

Is Net exports of goods and services (% of GDP) in Singapore rising or falling?

The latest value is down 0.62 percentage points from 36.01% of GDP in 2024. Ten years earlier, in 2015, the value was 27.3% of GDP (up 8.1 percentage points since).

How does Singapore rank for Net exports of goods and services (% of GDP)?

Singapore ranked 4th highest of the 172 countries in this dataset in 2024; Macao ranked first.

What is the highest Net exports of goods and services (% of GDP) on record in Singapore?

The highest value since 1960 was 39.77% of GDP in 2022, the lowest -20.37% of GDP in 1971.

Metadata for Net exports of goods and services (% of GDP) in Singapore
IndicatorNet exports of goods and services (% of GDP)
CountrySingapore
CategoryMacroeconomics
Unit% of GDP
SourceCalculation: Export-Import
Interactive chartView on EconDash
API accessEconDash API documentation

Latest value: 35.4% of GDP (2025)

Loading chart...

Source:World Bank via Calculation: Export-Import — series NE.RSB.GNFS.ZS
License:CC BY 4.0
Cite this chart
APA

World Bank. (2026). Net exports of goods and services (% of GDP) — Singapore [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/gdp-net-exports-percent/SGP. Original source: https://data.worldbank.org/indicator/NE.RSB.GNFS.ZS

MLA

World Bank. "Net exports of goods and services (% of GDP) — Singapore." EconDash, 2026, https://econdash.org/chart/gdp-net-exports-percent/SGP. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/NE.RSB.GNFS.ZS.

Chicago

World Bank. 2026. "Net exports of goods and services (% of GDP) — Singapore." EconDash. Accessed November 13, 2026. https://econdash.org/chart/gdp-net-exports-percent/SGP. Original source: https://data.worldbank.org/indicator/NE.RSB.GNFS.ZS.

BibTeX
@misc{econdash_gdp_net_exports_percent_sgp,
  author = {{World Bank}},
  title = {{Net exports of goods and services (\% of GDP) --- Singapore}},
  howpublished = {EconDash},
  year = {2026},
  url = {https://econdash.org/chart/gdp-net-exports-percent/SGP},
  note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/NE.RSB.GNFS.ZS}
}