Singapore vs Western Hemisphere: Services balance (credit less debit), Net (credits less debits)

Singapore
44.44 billion
in 2024
Western Hemisphere
-58.67 billion
in 2024
Singapore rank
9th
Western Hemisphere rank
7th

Services balance (credit less debit), Net (credits less debits) over time

  • Singapore
  • Western Hemisphere
-100.0B-50.0B050.0B200520142024

How they compare

Singapore currently reports 44.44 billion against -58.67 billion in Western Hemisphere, a difference of 103.11 billion.

Across all 20 years both countries report, Singapore has been ahead every year.

Singapore ranks 9th and Western Hemisphere ranks 7th of 197 countries.

Singapore has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Singapore Western Hemisphere Difference Ahead
2000s -4.27 billion -24.51 billion 20.24 billion Singapore
2010s -1.85 billion -65.29 billion 63.44 billion Singapore
2020s 32.73 billion -60.15 billion 92.88 billion Singapore

Averages of every year both report within each decade.

Frequently asked questions

Which has higher services balance (credit less debit), net (credits less debits), Singapore or Western Hemisphere?
Singapore, at 44.44 billion against -58.67 billion in Western Hemisphere as of 2024.
What is the difference in services balance (credit less debit), net (credits less debits) between Singapore and Western Hemisphere?
103.11 billion, with Singapore ahead.
How many years of comparable data are there for Singapore and Western Hemisphere?
20 years are reported by both, from 2005 to 2024.
How do Singapore and Western Hemisphere rank globally for services balance (credit less debit), net (credits less debits)?
Singapore ranks 9th and Western Hemisphere ranks 7th of 197 countries.
Where does this data come from?
International Monetary Fund, published as Services 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.

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Singapore vs Western Hemisphere: Services balance (credit less debit), Net (credits less debits). Statizoid, drawing on International Monetary Fund. Retrieved 05 September 2026, from https://financial-sector.statizoid.com/compare/services-balance-credit-less-debit-net-credits-less-debits-us-dollar/singapore/western-hemisphere/

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About this data

Indicator
Services balance (credit less debit), Net (credits less debits) (US dollar)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
206 places, 3,849 data points, 2005–2024
Last refreshed

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.