Singapore vs Sub-Saharan Africa (SSA): Goods balance (credit less debit), Net (credits less debits)
Goods balance (credit less debit), Net (credits less debits) over time
- Singapore
- Sub-Saharan Africa (SSA)
How they compare
Singapore currently reports 148.13 billion against 18.56 billion in Sub-Saharan Africa (SSA), a difference of 129.57 billion.
That makes Singapore's figure about 8.0 times Sub-Saharan Africa (SSA)'s.
The two have swapped places 4 times across 20 shared years of data; in 2005 it was Singapore ahead.
Singapore ranks 4th and Sub-Saharan Africa (SSA) ranks 7th of 198 countries.
Across the 3 decades both report, Singapore averaged higher in 2 and Sub-Saharan Africa (SSA) in 1.
Head to head by decade
| Decade | Singapore | Sub-Saharan Africa (SSA) | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 49.48 billion | 50.66 billion | 1.18 billion | Sub-Saharan Africa (SSA) |
| 2010s | 85.77 billion | 20.52 billion | 65.25 billion | Singapore |
| 2020s | 137.90 billion | 13.94 billion | 123.96 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), Singapore or Sub-Saharan Africa (SSA)?
- Singapore, at 148.13 billion against 18.56 billion in Sub-Saharan Africa (SSA) as of 2024.
- What is the difference in goods balance (credit less debit), net (credits less debits) between Singapore and Sub-Saharan Africa (SSA)?
- 129.57 billion, with Singapore ahead.
- How many years of comparable data are there for Singapore and Sub-Saharan Africa (SSA)?
- 20 years are reported by both, from 2005 to 2024.
- How do Singapore and Sub-Saharan Africa (SSA) rank globally for goods balance (credit less debit), net (credits less debits)?
- Singapore ranks 4th and Sub-Saharan Africa (SSA) ranks 7th 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.