Singapore - Imports of goods and services

Imports of goods and services (BoP, current US$)

The latest value for Imports of goods and services (BoP, current US$) in Singapore was $609,280,000,000 as of 2021. Over the past 49 years, the value for this indicator has fluctuated between $609,280,000,000 in 2021 and $3,611,733,000 in 1972.

Definition: Imports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from nonresidents to residents of general merchandise, nonmonetary gold, and services. Data are in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
1972 $3,611,733,000
1973 $5,390,323,000
1974 $8,664,405,000
1975 $8,476,785,000
1976 $9,495,954,000
1977 $11,006,400,000
1978 $13,637,930,000
1979 $18,500,310,000
1980 $25,312,340,000
1981 $29,038,780,000
1982 $29,809,000,000
1983 $30,034,310,000
1984 $30,757,350,000
1985 $28,258,980,000
1986 $27,486,240,000
1987 $34,851,130,000
1988 $46,472,490,000
1989 $52,861,670,000
1990 $64,952,680,000
1991 $70,566,870,000
1992 $77,923,330,000
1993 $91,902,920,000
1994 $110,463,000,000
1995 $144,310,000,000
1996 $153,364,000,000
1997 $154,759,000,000
1998 $124,556,000,000
1999 $137,834,000,000
2000 $169,108,000,000
2001 $149,415,000,000
2002 $153,299,000,000
2003 $170,522,000,000
2004 $215,771,000,000
2005 $249,571,000,000
2006 $293,280,000,000
2007 $328,426,000,000
2008 $403,369,000,000
2009 $324,906,000,000
2010 $411,718,000,000
2011 $491,028,000,000
2012 $509,016,000,000
2013 $528,921,000,000
2014 $530,589,000,000
2015 $465,345,000,000
2016 $441,757,000,000
2017 $497,583,000,000
2018 $556,916,000,000
2019 $550,209,000,000
2020 $517,967,000,000
2021 $609,280,000,000

Imports of goods and services (current US$)

The latest value for Imports of goods and services (current US$) in Singapore was $490,695,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $557,509,000,000 in 2018 and $1,188,750,000 in 1964.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $1,243,761,000
1961 $1,200,314,000
1962 $1,227,166,000
1963 $1,428,982,000
1964 $1,188,750,000
1965 $1,308,996,000
1966 $1,430,844,000
1967 $1,505,978,000
1968 $1,869,692,000
1969 $2,349,961,000
1970 $2,785,476,000
1971 $3,165,523,000
1972 $3,328,711,000
1973 $4,708,694,000
1974 $8,589,078,000
1975 $8,250,441,000
1976 $9,896,765,000
1977 $10,869,350,000
1978 $12,716,320,000
1979 $17,695,120,000
1980 $24,854,920,000
1981 $28,576,640,000
1982 $30,107,260,000
1983 $29,571,680,000
1984 $30,939,230,000
1985 $29,103,090,000
1986 $27,154,400,000
1987 $33,687,290,000
1988 $44,438,890,000
1989 $51,266,200,000
1990 $60,411,530,000
1991 $70,627,960,000
1992 $77,979,740,000
1993 $91,975,250,000
1994 $110,553,000,000
1995 $144,307,000,000
1996 $153,369,000,000
1997 $154,759,000,000
1998 $124,556,000,000
1999 $137,831,000,000
2000 $169,104,000,000
2001 $149,417,000,000
2002 $153,298,000,000
2003 $170,521,000,000
2004 $215,774,000,000
2005 $249,571,000,000
2006 $293,286,000,000
2007 $328,426,000,000
2008 $403,358,000,000
2009 $324,910,000,000
2010 $411,721,000,000
2011 $491,018,000,000
2012 $509,006,000,000
2013 $528,921,000,000
2014 $530,568,000,000
2015 $465,354,000,000
2016 $441,723,000,000
2017 $496,638,000,000
2018 $557,509,000,000
2019 $552,689,000,000
2020 $490,695,000,000

Imports of goods and services (current LCU)

The value for Imports of goods and services (current LCU) in Singapore was 677,012,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 753,978,000,000 in 2019 and a minimum value of 3,639,000,000 in 1964.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 3,807,400,000
1961 3,674,400,000
1962 3,756,600,000
1963 4,374,400,000
1964 3,639,000,000
1965 4,007,100,000
1966 4,380,100,000
1967 4,610,100,000
1968 5,723,500,000
1969 7,193,700,000
1970 8,526,900,000
1971 9,690,300,000
1972 10,154,900,000
1973 13,243,200,000
1974 21,106,800,000
1975 20,105,500,000
1976 23,468,200,000
1977 26,856,000,000
1978 31,020,200,000
1979 40,238,700,000
1980 54,049,500,000
1981 61,188,300,000
1982 63,607,600,000
1983 63,283,400,000
1984 65,374,600,000
1985 62,079,800,000
1986 59,742,400,000
1987 73,350,700,000
1988 93,588,300,000
1989 103,168,000,000
1990 117,821,000,000
1991 122,010,000,000
1992 127,029,000,000
1993 148,614,000,000
1994 168,859,000,000
1995 204,541,000,000
1996 216,250,000,000
1997 229,787,000,000
1998 208,457,000,000
1999 233,624,000,000
2000 291,536,000,000
2001 267,710,000,000
2002 274,495,000,000
2003 297,081,000,000
2004 364,702,000,000
2005 415,386,000,000
2006 466,002,000,000
2007 494,971,000,000
2008 570,711,000,000
2009 472,581,000,000
2010 561,381,000,000
2011 617,603,000,000
2012 636,105,000,000
2013 661,838,000,000
2014 672,282,000,000
2015 639,768,000,000
2016 610,241,000,000
2017 685,808,000,000
2018 751,968,000,000
2019 753,978,000,000
2020 677,012,000,000

Imports of goods and services (constant 2010 US$)

The latest value for Imports of goods and services (constant 2010 US$) in Singapore was 502,138,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 540,374,000,000 in 2019 and 3,692,101,000 in 1964.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 3,923,116,000
1961 3,786,005,000
1962 3,870,890,000
1963 4,515,639,000
1964 3,692,101,000
1965 4,087,649,000
1966 4,663,224,000
1967 4,880,273,000
1968 6,416,279,000
1969 7,739,526,000
1970 8,753,928,000
1971 9,831,393,000
1972 10,254,220,000
1973 11,805,350,000
1974 13,536,080,000
1975 12,724,250,000
1976 13,919,620,000
1977 15,242,650,000
1978 17,245,050,000
1979 21,088,230,000
1980 25,580,010,000
1981 28,108,020,000
1982 29,816,770,000
1983 31,277,930,000
1984 33,803,900,000
1985 32,444,430,000
1986 35,985,010,000
1987 40,771,380,000
1988 51,640,680,000
1989 56,599,140,000
1990 64,803,320,000
1991 69,456,210,000
1992 74,644,170,000
1993 88,489,530,000
1994 103,059,000,000
1995 126,668,000,000
1996 139,369,000,000
1997 155,021,000,000
1998 141,931,000,000
1999 155,289,000,000
2000 186,376,000,000
2001 173,659,000,000
2002 183,281,000,000
2003 201,405,000,000
2004 246,970,000,000
2005 275,551,000,000
2006 303,932,000,000
2007 326,617,000,000
2008 362,142,000,000
2009 326,124,000,000
2010 379,304,000,000
2011 400,878,000,000
2012 411,228,000,000
2013 438,009,000,000
2014 450,136,000,000
2015 465,354,000,000
2016 465,587,000,000
2017 501,750,000,000
2018 539,239,000,000
2019 540,374,000,000
2020 502,138,000,000

Imports of goods and services (annual % growth)

The value for Imports of goods and services (annual % growth) in Singapore was -7.08 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 31.47 in 1968 and a minimum value of -18.24 in 1964.

Definition: Annual growth rate of imports of goods and services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1961 -3.49
1962 2.24
1963 16.66
1964 -18.24
1965 10.71
1966 14.08
1967 4.65
1968 31.47
1969 20.62
1970 13.11
1971 12.31
1972 4.30
1973 15.13
1974 14.66
1975 -6.00
1976 9.39
1977 9.50
1978 13.14
1979 22.29
1980 21.30
1981 9.88
1982 6.08
1983 4.90
1984 8.08
1985 -4.02
1986 10.91
1987 13.30
1988 26.66
1989 9.60
1990 14.50
1991 7.18
1992 7.47
1993 18.55
1994 16.46
1995 22.91
1996 10.03
1997 11.23
1998 -8.44
1999 9.41
2000 20.02
2001 -6.82
2002 5.54
2003 9.89
2004 22.62
2005 11.57
2006 10.30
2007 7.46
2008 10.88
2009 -9.95
2010 16.31
2011 5.69
2012 2.58
2013 6.51
2014 2.77
2015 3.38
2016 0.05
2017 7.77
2018 7.47
2019 0.21
2020 -7.08

Imports of goods and services (constant LCU)

The value for Imports of goods and services (constant LCU) in Singapore was 690,340,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 742,907,000,000 in 2019 and a minimum value of 5,075,900,000 in 1964.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 5,393,500,000
1961 5,205,000,000
1962 5,321,700,000
1963 6,208,100,000
1964 5,075,900,000
1965 5,619,700,000
1966 6,411,000,000
1967 6,709,400,000
1968 8,821,100,000
1969 10,640,300,000
1970 12,034,900,000
1971 13,516,200,000
1972 14,097,500,000
1973 16,230,000,000
1974 18,609,400,000
1975 17,493,300,000
1976 19,136,700,000
1977 20,955,600,000
1978 23,708,500,000
1979 28,992,100,000
1980 35,167,400,000
1981 38,642,900,000
1982 40,992,100,000
1983 43,000,900,000
1984 46,473,600,000
1985 44,604,600,000
1986 49,472,200,000
1987 56,052,500,000
1988 70,995,600,000
1989 77,812,500,000
1990 89,091,600,000
1991 95,488,400,000
1992 102,621,000,000
1993 121,655,000,000
1994 141,685,000,000
1995 174,143,000,000
1996 191,605,000,000
1997 213,123,000,000
1998 195,126,000,000
1999 213,491,000,000
2000 256,230,000,000
2001 238,747,000,000
2002 251,974,000,000
2003 276,892,000,000
2004 339,534,000,000
2005 378,828,000,000
2006 417,846,000,000
2007 449,034,000,000
2008 497,872,000,000
2009 448,356,000,000
2010 521,468,000,000
2011 551,126,000,000
2012 565,356,000,000
2013 602,175,000,000
2014 618,847,000,000
2015 639,768,000,000
2016 640,089,000,000
2017 689,805,000,000
2018 741,346,000,000
2019 742,907,000,000
2020 690,340,000,000

Imports of goods and services (% of GDP)

Imports of goods and services (% of GDP) in Singapore was 144.32 as of 2020. Its highest value over the past 60 years was 208.93 in 1980, while its lowest value was 121.64 in 1967.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 176.48
1961 156.98
1962 148.52
1963 155.73
1964 132.95
1965 134.30
1966 130.50
1967 121.64
1968 131.14
1969 141.57
1970 145.03
1971 139.83
1972 122.31
1973 127.39
1974 164.49
1975 146.45
1976 156.42
1977 164.22
1978 169.16
1979 190.33
1980 208.93
1981 201.60
1982 187.18
1983 166.28
1984 156.66
1985 151.92
1986 146.10
1987 161.04
1988 175.15
1989 168.28
1990 167.14
1991 155.34
1992 149.59
1993 151.77
1994 150.02
1995 164.34
1996 159.27
1997 154.57
1998 145.29
1999 159.74
2000 176.01
2001 166.40
2002 165.66
2003 174.63
2004 187.57
2005 195.27
2006 197.33
2007 181.51
2008 208.33
2009 167.35
2010 171.69
2011 175.77
2012 172.49
2013 171.96
2014 168.51
2015 151.09
2016 138.57
2017 144.65
2018 148.28
2019 147.63
2020 144.32

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments