Singapore - 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

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts