Singapore’s current account surplus increased to SGD 37.08 billion in the second quarter of 2026, up from SGD 30.52 billion in the same period of 2025. The increase came as the goods account surplus surged to SGD 70.39 billion from SGD 60.12 billion a year earlier amid a surge in exports. Also, the services account surplus advanced to SGD 14.33 billion from SGD 12.27 billion. Additionally, the secondary income deficit narrowed to SGD 2.88 billion from SGD 4.00 billion. Meanwhile, the primary income deficit climbed to SGD 44.77 billion from SGD 37.87 billion over the same period. Last year, the country recorded a current account surplus of SGD 131.96 billion, widening slightly from SGD 131.67 billion in 2024. source: Statistics Singapore

Singapore recorded a Current Account surplus of 37077.40 SGD Million in the second quarter of 2026. Current Account in Singapore averaged 13201.29 SGD Million from 1986 until 2026, reaching an all time high of 40820.30 SGD Million in the first quarter of 2026 and a record low of -659.20 SGD Million in the first quarter of 1987. This page provides - Singapore Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Singapore Current Account - data, historical chart, forecasts and calendar of releases - was last updated on August of 2026.

Singapore recorded a Current Account surplus of 37077.40 SGD Million in the second quarter of 2026. Current Account in Singapore is expected to be 39500.00 SGD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Singapore Current Account is projected to trend around 36400.00 SGD Million in 2027 and 36900.00 SGD Million in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-25 12:50 AM
Current Account
Q1 S$41.09B S$40.24B S$ 36B
2026-08-12 12:00 AM
Current Account
Q2 S$37.08B S$40.82B S$ 36.5B
2026-11-25 12:00 AM
Current Account
Q3 S$37.08B S$ 39.5B


Related Last Previous Unit Reference
Balance of Trade 10724.69 13870.74 SGD Million Jul 2026
Capital Flows 27850.20 25714.00 SGD Million Jun 2026
Current Account 37077.40 40820.30 SGD Million Jun 2026
Current Account to GDP 16.70 17.20 percent of GDP Dec 2025
Exports 86005.83 85978.77 SGD Million Jul 2026
External Debt 3332500.60 3175341.00 SGD Million Mar 2026
Foreign Direct Investment 58619.50 51481.80 SGD Million Jun 2026
Imports 75281.14 72108.03 SGD Million Jul 2026
Terms of Trade 98.25 96.73 points Jun 2026


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).
Actual Previous Highest Lowest Dates Unit Frequency
37077.40 40820.30 40820.30 -659.20 1986 - 2026 SGD Million Quarterly

News Stream
Singapore Current Account Surplus Widens in Q2
Singapore’s current account surplus increased to SGD 37.08 billion in the second quarter of 2026, up from SGD 30.52 billion in the same period of 2025. The increase came as the goods account surplus surged to SGD 70.39 billion from SGD 60.12 billion a year earlier amid a surge in exports. Also, the services account surplus advanced to SGD 14.33 billion from SGD 12.27 billion. Additionally, the secondary income deficit narrowed to SGD 2.88 billion from SGD 4.00 billion. Meanwhile, the primary income deficit climbed to SGD 44.77 billion from SGD 37.87 billion over the same period. Last year, the country recorded a current account surplus of SGD 131.96 billion, widening slightly from SGD 131.67 billion in 2024.
2026-08-12
Singapore Posts Record Current Account Surplus in Q1
Singapore’s current account surplus widened to SGD 41.09 billion in the first quarter of 2026, up from SGD 32.72 billion in the same period of 2025. It marked the largest surplus on record since the data series began in 1986, as the goods account surplus surged to SGD 58.22 billion from SGD 48.93 billion a year earlier amid a jump in exports. Meanwhile, the services account surplus narrowed to SGD 10.95 billion from SGD 11.94 billion. Additionally, the primary income deficit eased slightly to SGD 23.98 billion from SGD 24.13 billion over the same period. On the other hand, the secondary income deficit edged up to SGD 4.09 billion from SGD 4.02 billion. Last year, the country posted a current account surplus of SGD 131.96 billion, widening slightly from SGD 131.67 billion in 2024.
2026-05-25
Singapore Q4 Current Account Surplus Hits Record High
Singapore’s current account surplus widened to SGD 40.24 billion in the fourth quarter of 2025, up from SGD 33.95 billion in the same period of 2024. It was the largest surplus on record since the data began in 1986, as the goods account surplus increased to SGD 64.60 billion from SGD 62.09 billion a year earlier, amid a surge in exports, while the services account surplus rose to SGD 11.11 billion from SGD 10.57 billion. Additionally, the primary income deficit narrowed to SGD 32.75 billion from SGD 36.34 billion over the same period. Meanwhile, the secondary income deficit rose to SGD 2.72 billion from SGD 2.37 billion. For the full year of 2025, the country posted a current account surplus of SGD 131.96 billion, widening slightly from SGD 131.67 billion in 2024.
2026-02-12