Singapore Trade to GDP Ratio 1960-2024

Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.
  • Singapore trade to gdp ratio for 2023 was 311.24%, a 21.74% decline from 2022.
  • Singapore trade to gdp ratio for 2022 was 332.98%, a 3.2% increase from 2021.
  • Singapore trade to gdp ratio for 2021 was 329.79%, a 1.91% decline from 2020.
  • Singapore trade to gdp ratio for 2020 was 331.69%, a 8.62% increase from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Trade (% of GDP)
Luxembourg 394.22%
Hong Kong 351.59%
Malta 314.00%
Singapore 311.24%
Ireland 234.75%
Seychelles 183.07%
Slovak Republic 181.53%
Cyprus 179.62%
Belgium 174.30%
Slovenia 161.33%
Netherlands 158.82%
Hungary 157.30%
Estonia 156.16%
Lithuania 153.15%
Macao 142.00%
Czech Republic 138.92%
Switzerland 138.22%
Brunei 136.56%
Latvia 131.97%
Denmark 128.45%
Austria 116.12%
Croatia 109.92%
Poland 109.54%
Sweden 103.57%
Puerto Rico 101.73%
Greece 94.66%
Portugal 94.05%
Germany 90.11%
South Korea 87.94%
Iceland 86.79%
Bahamas 82.70%
Finland 82.35%
Norway 79.65%
Spain 73.79%
Italy 68.73%
France 67.58%
Canada 67.46%
United Kingdom 65.59%
Saudi Arabia 62.13%
Chile 60.97%
Israel 58.00%
Uruguay 51.73%
Australia 48.08%
Argentina 26.97%
Singapore Trade to GDP Ratio - Historical Data
Year Trade (% of GDP) Annual Change
2023 311.24% -21.74%
2022 332.98% 3.20%
2021 329.79% -1.91%
2020 331.69% 8.62%
2019 323.07% -3.65%
2018 326.72% 9.69%
2017 317.03% 13.81%
2016 303.22% -26.25%
2015 329.47% -31.00%
2014 360.47% -6.57%
2013 367.04% -2.17%
2012 369.21% -9.89%
2011 379.10% 9.41%
2010 369.69% 11.49%
2009 358.19% -79.13%
2008 437.33% 43.04%
2007 394.29% -31.07%
2006 425.36% 4.93%
2005 420.43% 18.91%
2004 401.52% 24.31%
2003 377.22% 27.47%
2002 349.75% 0.45%
2001 349.29% -15.07%
2000 364.36% 27.88%
1999 336.48% 24.41%
1998 312.08% -11.79%
1997 323.86% -11.05%
1996 334.91% -10.55%
1995 345.46% 29.24%
1994 316.22% 2.80%
1993 313.42% 2.10%
1992 311.31% -12.58%
1991 323.89% -20.44%
1990 344.33% -3.24%
1989 347.57% -12.29%
1988 359.87% 34.83%
1987 325.04% 30.21%
1986 294.83% -9.32%
1985 304.14% -8.98%
1984 313.12% -20.02%
1983 333.15% -39.39%
1982 372.54% -27.24%
1981 399.78% -11.16%
1980 410.94% 35.93%
1979 375.01% 40.41%
1978 334.60% 7.62%
1977 326.98% 21.08%
1976 305.90% 22.33%
1975 283.57% -30.39%
1974 313.97% 68.24%
1973 245.73% 16.68%
1972 229.05% -30.24%
1971 259.30% -11.76%
1970 271.06% -2.64%
1969 273.70% 16.90%
1968 256.80% 20.87%
1967 235.94% -17.84%
1966 253.78% -3.76%
1965 257.54% 2.51%
1964 255.03% -41.85%
1963 296.88% 10.24%
1962 286.64% -12.76%
1961 299.40% -39.90%
1960 339.31% -39.90%