Latest: Colombia 15:00 Colombian Presidential Election Forecast: 0
Latest: Switzerland 12:00 SNB Gov Board Member Zurbrugg Speaks Forecast: 0
Latest: United Arab Emirates 16:05 GDP (YoY) Forecast: 0 % Actual: -6.1%
Latest: South Africa 16:00 SARB Monetary Policy Review Forecast: 0
Latest: United Kingdom 12:30 Annual Budget Release Forecast: 0

Singapore Current Account Value and percent from GDP

Singapore Current Account Data

Indicator Data Period
Current Account to GDP 17.6 % 2020
Current Account 27465 SGD Million | 19.154 B USD 2Q/22


Latest data on Current Account to GDP (%)

Current Account to GDP
                     Singapore - Historical Data (%)

What is ratio of Singapore Current Account to GDP?

  • The surplus of Current Account to GDP in Singapore increased to 17.6 % in 2020. The maximum surplus was 26.1 % and deficit was -13.1 %
  • Data published Yearly by Statistics.

Historical Data (%) by years

Data
Period
Date
17.6 2020 15.02.2021
16.9 2019 21.04.2020
17.7 2018 06.05.2019
19.5 2017 03.04.2018
19 2016 11.08.2017
18.1 2015 31.12.2015
19.7 2014 31.12.2014
16.9 2013 31.12.2013


Historical Chart by presidents (%)

Current Account to GDP in Singapore by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Halimah Yacob 14.09.2017 - 19.5000 19.5000 19.5000 19.5000 0.00%
Tony Tan 01.09.2011 - 31.08.2017 22.1000 19.0000 22.1000 16.9000 -14.03%
S. R. Nathan 01.09.1999 - 01.09.2011 17.0000 23.4000 26.1000 10.8000 37.65%
Ong Teng Cheong 01.09.1993 - 01.09.1999 6.8000 21.6000 21.6000 6.8000 217.65%


Latest data on Current Account (SGD Million)

Current Account
                     Singapore - Historical Data (SGD Million)

What is Singapore Current Account Deficit?

  • The surplus of Current Account in Singapore decreased to 27465 SGD Million (19.154 B USD) in the second quarter of 2022. The maximum value was 24625 SGD Million and minimum was -659 SGD Million.
  • Data published Quarterly by Statistics.

Historical Data (SGD Million) by years

Data
Period
Date
27465 2Q/22 11.08.2022
28855 1Q/22 25.05.2022
25720 4Q/21 17.02.2022
28122 3Q/21 18.01.2022
25642 2Q/21 11.08.2021
24625 1Q/21 26.05.2021
19623 4Q/20 16.02.2021
22912 3Q/20 23.11.2020


Historical Chart by presidents (SGD Million)

Current Account in Singapore by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Halimah Yacob 14.09.2017 - 21689.1000 20538.0000 21689.1000 17751.5000 -5.31%
Tony Tan 01.09.2011 - 31.08.2017 21667.4000 21049.5000 23731.8000 13363.3000 -2.85%
S. R. Nathan 01.09.1999 - 01.09.2011 5931.7000 18143.5000 21935.5000 2500.2000 205.87%
Ong Teng Cheong 01.09.1993 - 01.09.1999 2487.7000 6878.3000 9382.8000 863.0000 176.49%

Other trade indicators in Singapore

Index Updated Actual Previous
Weapons Sales 2016 47 M USD 46
Balance of Trade Aug/22 2.619 B USD 2.468
Capital Flows 2Q/22 70.888 B USD 53.239
Exports Aug/22 42.582 B USD 45.513
Foreign Exchange Reserves Aug/22 281.61 B USD 277.951
Imports Aug/22 39.963 B USD 43.045
Terms of Trade  Jul/22 104 in. pt. 102
Tourist Arrivals Aug/22 0.729 Million Persons 0.727

Current Account to GDP in other countries

Country Updated Actual Previous
Bangladesh 2021 -1 % -1.4
Jordan 2021 -8.8 % -5.7
Kyrgyzstan 2021 -8.5 % 4.3
Mongolia 2020 -12.3 % -15.6
Nepal 2020 -0.9 % -6.9
Palestine 2021 -8.2 % -6.9
Tajikistan 2021 0.1 % 0
Cambodia 2021 -21.3 % -12.1
China 2021 1.8 % 1.9
Georgia 2021 -9.8 % -12.4
India 2021 -1.7 % 0.9
Israel 2020 4.9 % 3.1
Pakistan 2022 -4.6 % -0.6
South Korea 2021 4.9 % 4.6
Taiwan 2020 9.5 % 10.5
Vietnam 2020 3.6 % 3.8
Maldives 2021 -9 % -29.2
Armenia 2021 -2.5 % -4
Hong Kong 2020 6.6 % 6
Indonesia 2021 0.3 % -0.44
Japan 2020 3.2 % 3.6
Kazakhstan 2021 -3 % -3.8
Lebanon 2020 -11.4 % -22.2
Macau 2020 15.2 % 33.8
Malaysia 2021 3.5 % 4.2
Philippines 2021 -1.8 % 3.2
Qatar 2021 -14.7 % -2.1
Singapore 2020 17.6 % 14.3
Sri Lanka 2020 -1.3 % -2.2
Thailand 2021 -2.2 % 4.2
Oman 2020 -12 % -4.9
Iran 2021 2 % -0.1
Laos 2020 -0.6 % -6.99
Azerbaijan 2021 15.2 % -0.5
Kuwait 2021 16.1 % 3.2
Saudi Arabia 2021 6.6 % -2.8
Bahrain 2021 -2.9 % -9.3
United Arab Emirates 2021 11.7 % 5.9
Yemen 2018 -0.01 % -0.1
Turkmenistan 2021 0.6 % 0.5
Uzbekistan 2021 -7 % -5.4
Iraq 2021 5.9 % -10.8
Syria 2010 -0.62 % -2.15
Afghanistan 2019 -21.2 % -21.7
Bhutan 2021 -12.7 % -15.5
Brunei 2021 5.6 % 4.5
Mauritius 2021 -13.6 % -9.2