Singapore - 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

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts