Singapore Current Account to GDP  1980-2018 | Data | Chart | Calendar

Singapore recorded a Current Account surplus of 19.50 percent of the country's Gross Domestic Product in 2017. Current Account to GDP in Singapore averaged 12.07 percent from 1980 until 2017, reaching an all time high of 26.10 percent in 2007 and a record low of -13.10 percent in 1980.

Singapore Current Account to GDP
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Singapore Trade Last Previous Highest Lowest Unit
Balance of Trade 3685.26 6758.62 7827.21 -1985.81 Million SGD [+]
Exports 47408.20 49563.76 49563.76 197.68 Million SGD [+]
Imports 43722.94 42805.14 45067.36 266.38 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 102.36 101.88 178.53 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 to GDP

The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Singapore Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Singapore Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on October of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
19.50 19.00 26.10 -13.10 1980 - 2017 percent Yearly




current account to GDP by Country
Country Last
Singapore 19.50 Dec/17
Netherlands 10.20 Dec/17
Switzerland 9.80 Dec/17
Germany 8.00 Dec/17
South Korea 5.60 Dec/17
Japan 4.02 Dec/17
Euro Area 3.50 Dec/17
Italy 2.80 Dec/17
Russia 2.20 Dec/17
Saudi Arabia 2.20 Dec/17
Spain 1.90 Dec/17
China 1.30 Dec/17
Brazil -0.48 Dec/17
France -0.80 Dec/17
Mexico -1.60 Dec/17
Indonesia -1.70 Dec/17
India -1.90 Dec/17
United States -2.40 Dec/17
South Africa -2.50 Dec/17
Canada -3.00 Dec/17
Australia -3.10 Dec/17
United Kingdom -4.10 Dec/17
Argentina -4.80 Dec/17
Turkey -5.50 Dec/17


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