Singapore's current account surplus widened to SGD 22.83 billion in the second quarter of 2018 from SGD 20.38 billion in the same period of 2017. The goods surplus increased to SGD 30.22 billion in the second quarter 2018 from SGD 29.07 billion in the same period of 2017 while the primary income deficit narrowed to SGD 4.28 billion from SGD 4.74 billion a year ago and the services deficit declined to SGD 0.85 billion from SGD 1.77 billion in Q2 2017. On the other hand, the secondary income gap inched up to SGD 2.26 billion from SGD 2.17 billion. Current Account in Singapore averaged 9086.04 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 TEForecast
2018-02-20 06:30 AM Current Account S$17.75B S$25.05B S$19.5B
2018-05-24 02:30 AM Current Account S$20.54B S$17.75B S$ 25.9B
2018-08-13 02:30 AM Current Account S$22.83B S$21.04B S$ 20.5B
2018-11-22 03:00 AM Current Account S$22.83B S$ 20.5B


Singapore Trade Last Previous Highest Lowest Unit
Balance of Trade 4520.91 3685.02 7827.21 -2000.77 Million SGD [+]
Exports 49635.26 47397.31 49635.26 197.68 Million SGD [+]
Imports 45114.35 43712.29 45114.35 266.38 Million SGD [+]
Current Account 22832.40 21035.90 25054.10 -659.20 SGD Million [+]
Current Account to GDP 19.50 19.00 26.10 -13.10 percent [+]
External Debt 2029398.90 1967083.10 2029398.90 854184.00 SGD Million [+]
Terms of Trade 101.87 102.36 178.53 99.02 Index Points [+]
Capital Flows 14096.30 14193.60 23813.20 -5008.50 SGD Million [+]
Tourist Arrivals 1681306.00 1730428.00 1730428.00 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 47.00 48.00 91.00 1.00 USD Million [+]
Foreign Direct Investment 25531.70 20769.00 29875.80 -4441.60 SGD Million [+]

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



Singapore Current Account

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 November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
22832.40 21035.90 25054.10 -659.20 1986 - 2018 SGD Million Quarterly




Country Last
Argentina -8292.00 Jun/18
Australia -13472.00 Jun/18
Brazil 31.80 Sep/18
Canada -15880.00 Jun/18
China 160.00 Sep/18
Euro Area 20.49 Aug/18
France -1918.00 Sep/18
Germany 21141.17 Sep/18
India -15807.13 Jun/18
Indonesia -8846.10 Sep/18
Italy 4994.00 Aug/18
Japan 1821.60 Sep/18
Mexico -3882.10 Jun/18
Netherlands 16769.50 Jun/18
Russia 26400.00 Sep/18
Saudi Arabia 19181.00 Jun/18
Singapore 22832.40 Jun/18
South Africa -163760.00 Jun/18
South Korea 10831.40 Sep/18
Spain 1830.00 Aug/18
Switzerland 22143.83 Jun/18
Turkey 1830.00 Sep/18
United Kingdom -20317.00 Jun/18
United States -101460.00 Jun/18


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