Goods, Credit/Revenue (US dollar) in Singapore
Singapore: Goods, Credit/Revenue (US dollar) 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 (US dollar) 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% |
Singapore compared with similar countries
- Singapore's 583.03 billion is above the median for high income countries, which is 46.47 billion, 12.5× the median. (72 countries reporting)
- Singapore's 583.03 billion is above the median for East Asia & Pacific, which is 10.84 billion, 53.8× the median. (33 countries reporting)
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
More financial sector data for Singapore
- Reserve position in the IMF, US dollar, annual growth rate 8.93 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0023 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 230.78 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 3.73 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 168.51 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 8.93 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0023 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 230.78 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 3.73 % change on previous year (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.