Services, Credit/Revenue in Singapore

Singapore: Services, Credit/Revenue was 395.57 billion in 2024. ◆ Volatile

Latest (2024)
395.57 billion
Change on year
up 10.4%
World rank
6th
of 198 countries
All-time high
395.57 billion
in 2024
All-time low
45.60 billion
in 2005
Years of data
20
2005–2024

Services, Credit/Revenue in Singapore, 2005–2024

0100.0B200.0B300.0B400.0B2005201420242005: 45.6B2006: 58.3B2007: 73.5B2008: 89.2B2009: 81.0B2010: 100.4B2011: 119.3B2012: 129.4B2013: 142.0B2014: 153.8B2015: 153.2B2016: 153.3B2017: 174.9B2018: 212.9B2019: 225.2B2020: 217.4B2021: 284.7B2022: 339.6B2023: 358.2B2024: 395.6B

Source: International Monetary Fund.

Analysis

Singapore recorded 395.57 billion for services, credit/revenue in 2024. That is the highest value across all 20 years on record.

The figure is up 10.4% on the previous year and up 157.2% over ten years.

Over the whole period, services, credit/revenue in Singapore peaked at 395.57 billion in 2024 and was at its lowest, 45.60 billion, in 2005.

That places Singapore 6th out of 198 countries with data for 2024, putting it in the top 10%.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 69.52 billion 45.60 billion 89.16 billion 5
2010s 156.45 billion 100.38 billion 225.21 billion 10
2020s 319.10 billion 217.44 billion 395.57 billion 5

Countries ranked near Singapore

  1. 3 Ireland 525.95 billion compare
  2. 4 Germany 470.06 billion compare
  3. 5 France 402.65 billion compare
  4. 7 China (People’s Republic of) 383.96 billion compare
  5. 8 India 374.88 billion compare
  6. 9 Netherlands 308.04 billion compare

See the full ranking of 207 places →

More financial sector data for Singapore

All data for Singapore →

Frequently asked questions

What is services, credit/revenue in Singapore?
Services, credit/revenue in Singapore was 395.57 billion in 2024, according to International Monetary Fund.
What is the highest services, credit/revenue recorded in Singapore?
The highest recorded value was 395.57 billion in 2024.
What is the lowest services, credit/revenue recorded in Singapore?
The lowest recorded value was 45.60 billion in 2005.
How does Singapore rank for services, credit/revenue?
Singapore ranks 6th out of 198 countries with data for 2024.
Is services, credit/revenue rising or falling in Singapore?
Over the last ten years it is up 157.2%. 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 Services, Credit/Revenue (US dollar). Statizoid updates them automatically from the source API.

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Services, Credit/Revenue in Singapore. Statizoid, drawing on International Monetary Fund. Retrieved 21 August 2026, from https://financial-sector.statizoid.com/stat/services-credit-revenue-us-dollar/singapore/

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About this data

Indicator
Services, 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.