Secondary income, Credit/Revenue in Singapore

Singapore: Secondary income, Credit/Revenue was 29.95 billion in 2024. ◆ Volatile

Latest (2024)
29.95 billion
Change on year
up 1.5%
World rank
14th
of 198 countries
All-time high
29.95 billion
in 2024
All-time low
2.99 billion
in 2006
Years of data
20
2005–2024

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

010.0B20.0B30.0B2005201420242005: 3.1B2006: 3.0B2007: 3.5B2008: 4.0B2009: 4.3B2010: 5.3B2011: 7.4B2012: 8.5B2013: 10.0B2014: 9.8B2015: 9.9B2016: 10.9B2017: 10.4B2018: 18.1B2019: 18.3B2020: 20.3B2021: 18.9B2022: 24.3B2023: 29.5B2024: 30.0B

Source: International Monetary Fund.

Analysis

Singapore recorded 29.95 billion for secondary income, credit/revenue in 2024. That is the highest value across all 20 years on record.

That represents a change of up 1.5% on the previous year and up 205.3% over ten years.

Over the whole period, secondary income, credit/revenue in Singapore peaked at 29.95 billion in 2024 and was at its lowest, 2.99 billion, in 2006.

Singapore ranks 14th 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.

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

Annual values for Secondary income, Credit/Revenue (US dollar) in Singapore, 2005 to 2024.
Year Value Change
2005 3.14 billion
2006 2.99 billion -4.9%
2007 3.51 billion +17.6%
2008 4.04 billion +15.1%
2009 4.34 billion +7.4%
2010 5.26 billion +21.2%
2011 7.37 billion +40.0%
2012 8.51 billion +15.5%
2013 10.03 billion +17.9%
2014 9.81 billion -2.2%
2015 9.86 billion +0.4%
2016 10.87 billion +10.3%
2017 10.42 billion -4.1%
2018 18.10 billion +73.7%
2019 18.29 billion +1.1%
2020 20.25 billion +10.7%
2021 18.89 billion -6.7%
2022 24.35 billion +28.9%
2023 29.50 billion +21.1%
2024 29.95 billion +1.5%

Averages by decade

DecadeAverage LowestHighest Years
2000s 3.61 billion 2.99 billion 4.34 billion 5
2010s 10.85 billion 5.26 billion 18.29 billion 10
2020s 24.59 billion 18.89 billion 29.95 billion 5

Countries ranked near Singapore

  1. 11 Philippines 32.88 billion compare
  2. 12 Spain 31.31 billion compare
  3. 13 Egypt 30.09 billion compare
  4. 15 Bangladesh 27.91 billion compare
  5. 16 Belgium 26.98 billion compare
  6. 17 Italy 25.76 billion compare

See the full ranking of 207 places →

More financial sector data for Singapore

All data for Singapore →

Frequently asked questions

What is secondary income, credit/revenue in Singapore?
Secondary income, credit/revenue in Singapore was 29.95 billion in 2024, according to International Monetary Fund.
What is the highest secondary income, credit/revenue recorded in Singapore?
The highest recorded value was 29.95 billion in 2024.
What is the lowest secondary income, credit/revenue recorded in Singapore?
The lowest recorded value was 2.99 billion in 2006.
How does Singapore rank for secondary income, credit/revenue?
Singapore ranks 14th out of 198 countries with data for 2024.
Is secondary income, credit/revenue rising or falling in Singapore?
Over the last ten years it is up 205.3%. 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 Secondary income, Credit/Revenue (US dollar). Statizoid updates them automatically from the source API.

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

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About this data

Indicator
Secondary income, Credit/Revenue (US dollar)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
207 places, 3,853 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.