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. source: Statistics Singapore

Singapore recorded a Current Account surplus of 40236 SGD Million in the fourth quarter of 2025. Current Account in Singapore averaged 13054.70 SGD Million from 1986 until 2026, reaching an all time high of 41094.10 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 May of 2026.

Singapore recorded a Current Account surplus of 40236 SGD Million in the fourth quarter of 2025. Current Account in Singapore is expected to be 36500.00 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 36000.00 SGD Million in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-02-12 02:35 AM
Current Account
Q4 S$40.24B S$28.48B
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$41.09B S$ 36.5B


Related Last Previous Unit Reference
Balance of Trade 13068.67 11120.54 SGD Million Apr 2026
Capital Flows 16906.20 42057.80 SGD Million Dec 2025
Current Account 41094.10 40236.00 SGD Million Mar 2026
Current Account to GDP 16.70 17.20 percent of GDP Dec 2025
Exports 86702.40 81684.72 SGD Million Apr 2026
External Debt 3007246.30 2962770.40 SGD Million Sep 2025
Foreign Direct Investment 58551.60 42184.70 SGD Million Dec 2025
Imports 73633.73 70617.01 SGD Million Apr 2026
Terms of Trade 98.10 97.64 points Mar 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
41094.10 40236.00 41094.10 -659.20 1986 - 2026 SGD Million Quarterly

News Stream
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
Singapore Q3 Current Account Surplus Smallest in 3 Quarters
Singapore’s current account surplus narrowed to SGD 33.39 billion in the third quarter of 2025, down from SGD 33.89 billion in the same period of 2024. It was the smallest surplus since Q4 2024, as the goods account surplus fell to SGD 46.95 billion from SGD 48.18 billion a year earlier, amid a decline in exports, while the secondary income deficit widened to SGD 3.84 billion from SGD 3.25 billion. However, the services account surplus rose slightly to SGD 17.54 billion from SGD 17.38 billion. Meanwhile, the primary income deficit narrowed to SGD 27.27 billion from SGD 28.42 billion over the same period. Last year, the country posted a current account surplus of SGD 128.30 billion.
2025-11-21