Primary income, Credit/Revenue in Singapore

Singapore: Primary income, Credit/Revenue was 199.60 billion in 2024. ◆ Volatile

Latest (2024)
199.60 billion
Change on year
up 21.2%
World rank
12th
of 198 countries
All-time high
199.60 billion
in 2024
All-time low
30.39 billion
in 2005
Years of data
20
2005–2024

Primary income, Credit/Revenue in Singapore, 2005–2024

50.0B100.0B150.0B200.0B2005201420242005: 30.4B2006: 42.2B2007: 59.3B2008: 49.5B2009: 49.0B2010: 63.5B2011: 65.8B2012: 64.8B2013: 67.7B2014: 71.1B2015: 71.7B2016: 78.7B2017: 102.7B2018: 108.6B2019: 112.7B2020: 109.5B2021: 161.6B2022: 162.0B2023: 164.7B2024: 199.6B

Source: International Monetary Fund.

Analysis

In 2024, primary income, credit/revenue in Singapore stood at 199.60 billion. That is the highest value across all 20 years on record.

Compared with earlier readings it is up 21.2% on the previous year and up 180.6% over ten years.

Over the whole period, primary income, credit/revenue in Singapore peaked at 199.60 billion in 2024 and was at its lowest, 30.39 billion, in 2005.

Singapore ranks 12th of 198 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Primary income, Credit/Revenue in Singapore, year by year

Annual values for Primary income, Credit/Revenue (US dollar) in Singapore, 2005 to 2024.
Year Value Change
2005 30.39 billion
2006 42.19 billion +38.8%
2007 59.30 billion +40.5%
2008 49.50 billion -16.5%
2009 49.04 billion -0.9%
2010 63.52 billion +29.5%
2011 65.76 billion +3.5%
2012 64.84 billion -1.4%
2013 67.66 billion +4.4%
2014 71.13 billion +5.1%
2015 71.68 billion +0.8%
2016 78.72 billion +9.8%
2017 102.73 billion +30.5%
2018 108.56 billion +5.7%
2019 112.68 billion +3.8%
2020 109.50 billion -2.8%
2021 161.62 billion +47.6%
2022 161.97 billion +0.2%
2023 164.66 billion +1.7%
2024 199.60 billion +21.2%

Averages by decade

DecadeAverage LowestHighest Years
2000s 46.09 billion 30.39 billion 59.30 billion 5
2010s 80.73 billion 63.52 billion 112.68 billion 10
2020s 159.47 billion 109.50 billion 199.60 billion 5

Countries ranked near Singapore

  1. 9 China 309.25 billion compare
  2. 10 Hong Kong 282.42 billion compare
  3. 11 Switzerland 222.19 billion compare
  4. 13 Canada 181.60 billion compare
  5. 14 Italy 140.13 billion compare
  6. 15 Spain 136.97 billion compare

See the full ranking of 207 places →

More financial sector data for Singapore

All data for Singapore →

Frequently asked questions

What is primary income, credit/revenue in Singapore?
Primary income, credit/revenue in Singapore was 199.60 billion in 2024, according to International Monetary Fund.
What is the highest primary income, credit/revenue recorded in Singapore?
The highest recorded value was 199.60 billion in 2024.
What is the lowest primary income, credit/revenue recorded in Singapore?
The lowest recorded value was 30.39 billion in 2005.
How does Singapore rank for primary income, credit/revenue?
Singapore ranks 12th out of 198 countries with data for 2024.
Is primary income, credit/revenue rising or falling in Singapore?
Over the last ten years it is up 180.6%. The long-run trend across the full record is volatile.
Where does this Singapore data come from?
The figures come from International Monetary Fund, published as part of Primary income, Credit/Revenue (US dollar). Statizoid updates them automatically from the source API.

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Primary income, Credit/Revenue in Singapore. Statizoid, drawing on International Monetary Fund. Retrieved 31 August 2026, from https://financial-sector.statizoid.com/stat/primary-income-credit-revenue-us-dollar/singapore/

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About this data

Indicator
Primary income, Credit/Revenue (US dollar)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
207 places, 3,864 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.