Goods, Credit/Revenue in Singapore
Singapore: Goods, Credit/Revenue was 583.03 billion in 2024. ▲ Rising
Goods, Credit/Revenue in Singapore, 2005–2024
Source: International Monetary Fund.
Analysis
Singapore recorded 583.03 billion for goods, credit/revenue in 2024.
That represents a change of up 4.2% on the previous year and up 29.4% over ten years.
Over the whole period, goods, credit/revenue in Singapore peaked at 607.76 billion in 2022 and was at its lowest, 242.17 billion, in 2005.
Singapore ranks 11th of 198 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 20 years of available data.
Goods, Credit/Revenue in Singapore, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 242.17 billion | — |
| 2006 | 280.60 billion | +15.9% |
| 2007 | 311.49 billion | +11.0% |
| 2008 | 354.21 billion | +13.7% |
| 2009 | 289.51 billion | -18.3% |
| 2010 | 374.44 billion | +29.3% |
| 2011 | 448.74 billion | +19.8% |
| 2012 | 451.06 billion | +0.5% |
| 2013 | 457.99 billion | +1.5% |
| 2014 | 450.62 billion | -1.6% |
| 2015 | 396.22 billion | -12.1% |
| 2016 | 372.65 billion | -5.9% |
| 2017 | 415.30 billion | +11.4% |
| 2018 | 459.15 billion | +10.6% |
| 2019 | 440.19 billion | -4.1% |
| 2020 | 417.29 billion | -5.2% |
| 2021 | 513.00 billion | +22.9% |
| 2022 | 607.76 billion | +18.5% |
| 2023 | 559.46 billion | -7.9% |
| 2024 | 583.03 billion | +4.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 295.60 billion | 242.17 billion | 354.21 billion | 5 |
| 2010s | 426.63 billion | 372.65 billion | 459.15 billion | 10 |
| 2020s | 536.11 billion | 417.29 billion | 607.76 billion | 5 |
Countries ranked near Singapore
- 8 Hong Kong, China 631.14 billion compare
- 9 Italy 621.04 billion compare
- 10 Mexico 618.34 billion compare
- 12 Canada 568.75 billion compare
- 13 Switzerland 502.06 billion compare
- 14 United Kingdom of Great Britain and Northern Ireland 467.35 billion compare
More financial sector data for Singapore
- Net domestic credit (current LCU), per capita 123,291 current LCU per person (2020)
- Net domestic credit (current LCU), per unit of GDP 2 current LCU per US$ of GDP (2020)
- Net domestic credit (current LCU), annual growth rate 3.72 % change on previous year (2020)
- Gold reserves at 35 SDRs per ounce 217.81 million SDR (2025)
- Gold reserves at market value 19.85 billion SDR (2025)
- Reserves excluding gold, foreign exchange 289.89 billion SDR (2025)
- Reserves excluding gold 295.68 billion SDR (2025)
- Total reserves (gold at market value) 315.53 billion SDR (2025)
- Total reserves (gold at national valuation) 298.85 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 48,902 SDR per person (2025)
Frequently asked questions
- What is goods, credit/revenue in Singapore?
- Goods, credit/revenue in Singapore was 583.03 billion in 2024, according to International Monetary Fund.
- What is the highest goods, credit/revenue recorded in Singapore?
- The highest recorded value was 607.76 billion in 2022.
- What is the lowest goods, credit/revenue recorded in Singapore?
- The lowest recorded value was 242.17 billion in 2005.
- How does Singapore rank for goods, credit/revenue?
- Singapore ranks 11th out of 198 countries with data for 2024.
- Is goods, credit/revenue rising or falling in Singapore?
- Over the last ten years it is up 29.4%. The long-run trend across the full record is rising.
- Where does this Singapore data come from?
- The figures come from International Monetary Fund, published as part of Goods, Credit/Revenue (US dollar). Statizoid updates them automatically from the source API.
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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.