Singapore - External balance on goods and services (current LCU)

The value for External balance on goods and services (current LCU) in Singapore was 149,727,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 149,727,000,000 in 2020 and a minimum value of -1,927,500,000 in 1974.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current local currency.

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

Year Value
1960 -294,600,000
1961 -340,700,000
1962 -263,100,000
1963 -409,400,000
1964 -297,300,000
1965 -330,200,000
1966 -242,400,000
1967 -278,500,000
1968 -239,200,000
1969 -480,000,000
1970 -1,117,400,000
1971 -1,411,600,000
1972 -1,293,100,000
1973 -941,400,000
1974 -1,927,500,000
1975 -1,280,500,000
1976 -1,041,000,000
1977 -239,700,000
1978 -683,100,000
1979 -1,195,700,000
1980 -1,791,300,000
1981 -1,035,900,000
1982 -622,600,000
1983 222,300,000
1984 -81,500,000
1985 122,500,000
1986 1,077,700,000
1987 1,352,000,000
1988 5,108,700,000
1989 6,755,400,000
1990 7,086,500,000
1991 10,371,100,000
1992 10,309,000,000
1993 9,679,600,000
1994 18,200,400,000
1995 20,888,200,000
1996 22,233,600,000
1997 21,897,300,000
1998 30,841,200,000
1999 24,870,500,000
2000 20,434,500,000
2001 26,540,100,000
2002 30,531,900,000
2003 47,554,500,000
2004 51,290,800,000
2005 63,580,400,000
2006 72,528,700,000
2007 85,273,400,000
2008 56,598,600,000
2009 66,354,400,000
2010 86,036,200,000
2011 96,825,700,000
2012 89,339,300,000
2013 88,958,200,000
2014 93,512,400,000
2015 115,591,000,000
2016 115,248,000,000
2017 125,352,000,000
2018 145,952,000,000
2019 144,370,000,000
2020 149,727,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts