Singapore Trade Openness
Trade as % of GDP NE.TRD.GNFS.ZS
Singapore's trade openness was 321.48% in 2025, ranked 4th globally. This represents a 0.3% decrease from 2024. Data from World Bank, covering 1960–2025.
Overview
Singapore's trade openness stood at 321.48% in 2025, a decline of +0.89% from 2024. Based on recent trends, this figure is projected to reach 321.48% by 2025. Singapore ranked 4th globally.
Singapore's trade openness has fluctuated significantly over the past six decades, with the country experiencing an all-time high of 437.33 in 2008. However, this figure has since declined to 321.48 in 2025, ranking Singapore as the fourth most open trade economy globally. Notably, this current level is lower than the all-time peak, but still surpasses that of its peer, Hong Kong SAR, China, which ranked third with a trade openness value of 360.57 in 2025. The country's trade openness was at its lowest in 1972, with a value of 229.05, marking a significant increase in trade engagement over the years. Singapore's trade openness has generally trended upwards since its inception in 1960, with a value of 339.31. As the global economy continues to evolve, a shift in regional trade agreements or a significant change in global trade policies could alter Singapore's trade openness trajectory, potentially leading to a renewed increase in trade engagement.
Data & projection
| Year | Trade Openness | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 316.92% | - | - |
| 2026* trend | 319.20% | - | - |
| 2025* trend | 321.48% | - | - |
| 2025 | 321.48% | −0.89% | #4 |
| 2024 | 322.37% | −3.32% | #157 |
| 2023 | 325.69% | −6.66% | #169 |
| 2022 | 332.35% | +3.19% | #178 |
| 2021 | 329.16% | −2.88% | #178 |
| 2020 | 332.04% | +7.65% | #180 |
| 2019 | 324.39% | −2.20% | #179 |
| 2018 | 326.60% | +9.80% | #181 |
| 2017 | 316.79% | +13.95% | #181 |
| 2016 | 302.84% | −26.63% | #179 |
| 2015 | 329.47% | −31.00% | #181 |
| 2014 | 360.47% | −6.57% | #180 |
| 2013 | 367.04% | −2.17% | #178 |
| 2012 | 369.21% | −9.89% | #176 |
| 2011 | 379.10% | +9.41% | #175 |
Detected Pattern
Analysis
Singapore matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw trade openness improve within 24 months. View full analysis →
Frequently Asked Questions
Singapore's trade openness was 321.48% in 2025. Ranked 4th globally. This represents a 0.3% decrease from the previous year.
Singapore's trade openness peaked at 437.33% in 2008.
The lowest trade openness in Singapore was 229.05% in 1972.
Singapore ranks 4th globally in trade openness as of 2025.
The World Bank indicator code is NE.TRD.GNFS.ZS. Data sourced from World Bank.
Singapore's trade openness is projected to reach 321.48% by 2025 based on trend extrapolation.
The trade openness of Singapore in 2025 was 321.48%. This ranks 4th in the world.
Cite this page
@misc{historysaid_singapore_trade-openness,
title = {Singapore Trade Openness},
url = {https://historysaid.com/singapore/trade-openness/},
publisher = {HistorySaid},
year = {2026}
}