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

The value for External balance on goods and services (constant LCU) in Singapore was 143,759,000,000 as of 2020. As the graph below shows, over the past 5 years this indicator reached a maximum value of 143,759,000,000 in 2020 and a minimum value of 114,474,000,000 in 2016.

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 constant local currency.

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

Year Value
2015 115,591,000,000
2016 114,474,000,000
2017 118,310,000,000
2018 129,110,000,000
2019 128,855,000,000
2020 143,759,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts