South Korea vs Singapore: Goods balance (credit less debit), Net (credits less debits) (US)
South Korea
100.13 billion
in 2024
Singapore
148.13 billion
in 2024
South Korea rank
7th
Singapore rank
4th
Goods balance (credit less debit), Net (credits less debits) (US) over time
- South Korea
- Singapore
How they compare
Singapore currently reports 148.13 billion against 100.13 billion in South Korea, a difference of 48.01 billion.
That makes Singapore's figure about 1.5 times South Korea's.
The two have swapped places 6 times across 20 shared years of data; in 2005 it was Singapore ahead.
South Korea ranks 7th and Singapore ranks 4th of 198 countries.
Singapore has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | South Korea | Singapore | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 29.85 billion | 49.48 billion | 19.63 billion | Singapore |
| 2010s | 83.12 billion | 85.77 billion | 2.65 billion | Singapore |
| 2020s | 61.95 billion | 137.90 billion | 75.95 billion | Singapore |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher goods balance (credit less debit), net (credits less debits), South Korea or Singapore?
- Singapore, at 148.13 billion against 100.13 billion in South Korea as of 2024.
- What is the difference in goods balance (credit less debit), net (credits less debits) between South Korea and Singapore?
- 48.01 billion, with Singapore ahead.
- How many years of comparable data are there for South Korea and Singapore?
- 20 years are reported by both, from 2005 to 2024.
- How do South Korea and Singapore rank globally for goods balance (credit less debit), net (credits less debits)?
- South Korea ranks 7th and Singapore ranks 4th of 198 countries.
- Where does this data come from?
- International Monetary Fund, published as Goods balance (credit less debit), Net (credits less debits) (US dollar). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.