Singapore Current Account  1986-2017 | Data | Chart | Calendar | Forecast

Singapore's current account surplus decreased to SGD 21.05 billion in the second quarter of 2017 from SGD 21.26 billion in the same period of 2016, as the goods surplus narrowed to SGD 29.40 billion from SGD 30.33 billion and the services deficit widened to SGD 2.45 billion from SGD 2.34 billion in Q2 2016. Meanwhile, the primary income deficit narrowed to SGD 2.06 billion from SGD 2.88 billion a year ago and the secondary income gap edged down to SGD 3.85 billion from SGD 3.86 billion. In the first half of the year, the current account surplus widened to SGD 41.14 billion from SGD 37.16 billion in the same period of 2016. Current Account in Singapore averaged 8919.49 SGD Million from 1986 until 2017, reaching an all time high of 23731.80 SGD Million in the third quarter of 2014 and a record low of -659.20 SGD Million in the first quarter of 1987.

Singapore Current Account
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Calendar GMT Actual Previous Consensus Forecast (i)
2017-02-17 03:30 AM Q4 S$18.1B S$22.7B S$19.0B
2017-05-25 12:00 AM Q1 S$19.4B S$18.1B S$18B
2017-08-18 04:20 AM Q2 S$21.05B S$20.09BB S$ 24B
2017-11-24 01:30 AM Q3 S$21.05B S$ 25B


Singapore Trade Last Previous Highest Lowest Unit
Balance of Trade 5521.81 6361.40 8482.86 -1985.81 Million SGD [+]
Exports 43381.66 42944.00 46169.53 197.68 Million SGD [+]
Imports 37859.85 36582.60 44108.04 266.38 Million SGD [+]
Current Account 21049.50 20092.90 23731.80 -659.20 SGD Million [+]
Current Account to GDP 19.00 18.10 26.10 -13.10 percent [+]
External Debt 0.00 0.00 130.60 0.00 SGD Million [+]
Terms of Trade 104.20 104.37 178.53 99.02 Index Points [+]
Capital Flows 16744.30 3096.30 24455.00 -5008.50 SGD Million [+]
Tourist Arrivals 1363124.00 1467851.00 1621656.00 147954.00 [+]
Gold Reserves 127.40 127.40 127.40 0.00 Tonnes [+]
Terrorism Index 0.00 0.00 0.00 0.00 [+]
Weapons Sales 46.00 48.00 91.00 1.00 USD Million [+]
Foreign Direct Investment 18806.80 26154.40 29895.30 -4441.60 SGD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Singapore Current Account Notes

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Singapore Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Singapore Current Account - actual data, historical chart and calendar of releases - was last updated on August of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
21049.50 20092.90 23731.80 -659.20 1986 - 2017 SGD Million Quarterly



current account by Country

Last
Australia -3108.00 Mar/17
Brazil -3403.80 Jul/17
Canada -14053.00 Mar/17
China 529.00 Jun/17
Euro Area 28.10 Jun/17
France -2137.00 Jun/17
Germany 23600.00 Jun/17
India -3432.97 Mar/17
Indonesia -4962.50 Jun/17
Italy 5257.00 Jun/17
Japan 934.60 Jun/17
Mexico -6859.20 Mar/17
Netherlands 20180.90 Mar/17
Russia -300.00 Jun/17
South Korea 7007.00 Jun/17
Spain 2569.00 May/17
Switzerland 11118.00 Mar/17
Turkey -3763.00 Jun/17
United Kingdom -16895.00 Mar/17
United States -116781.00 Mar/17