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

Singapore's current account surplus increased to SGD 19.40 billion in the first quarter of 2017 from SGD 15.91 billion in the same period of 2016, as the goods surplus widened to SGD 27.21 billion from SGD 25.51 billion a year earlier. Meanwhile, the primary income deficit narrowed to SGD 1.68 billion from SGD 3.97 billion a year ago. The services deficit rose to SGD 2.50 billion from SGD 2.09 billion in the first quarter a year earlier and the secondary income gap went up to SGD 3.63 billion from SGD 3.55 billion a year earlier. Current Account in Singapore averaged 8822.45 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 Reference Actual Previous Consensus Forecast (i)
2016-11-24 01:30 AM Q3 S$24.7B S$22.4B S$20.5B
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
2017-08-12 12:30 AM Q2 S$19.4B S$ 24B
2017-11-24 01:30 AM Q3 S$ 25B




Singapore Trade Last Previous Highest Lowest Unit
Balance of Trade 5416.90 6042.48 8482.86 -1985.81 Million SGD [+]
Exports 41058.59 43132.96 46169.53 197.68 Million SGD [+]
Imports 35641.69 37090.50 44108.04 266.38 Million SGD [+]
Current Account 19398.00 18129.90 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 105.10 104.51 178.53 99.02 Index Points [+]
Capital Flows 3283.00 22727.00 24455.00 -5008.50 SGD Million [+]
Tourist Arrivals 1129745.00 1360773.00 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 25144.80 24859.90 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 May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
19398.00 18129.90 23731.80 -659.20 1986 - 2017 SGD Million Quarterly



current account by Country

Last
Australia -3853.00 Dec/16
Brazil 1152.80 Apr/17
Canada -10726.00 Dec/16
China 190.00 Mar/17
Euro Area 44.80 Mar/17
France -3032.00 Mar/17
Germany 30200.00 Mar/17
India -7900.00 Dec/16
Indonesia -2397.00 Mar/17
Italy 3121.40 Mar/17
Japan 2907.70 Mar/17
Mexico -6859.20 Mar/17
Netherlands 17897.70 Dec/16
Russia 22800.00 Mar/17
South Korea 5930.00 Mar/17
Spain -223.00 Feb/17
Switzerland 22022.94 Dec/16
Turkey -3057.00 Mar/17
United Kingdom -12088.00 Dec/16
United States -112382.00 Dec/16