Singapore Current Account to GDP  1980-2017 | Data | Chart | Calendar

Singapore recorded a Current Account surplus of 19 percent of the country's Gross Domestic Product in 2016. Current Account to GDP in Singapore averaged 11.87 percent from 1980 until 2016, 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 5428.60 5416.90 8482.86 -1985.81 Million SGD [+]
Exports 43775.50 41058.59 46169.53 197.68 Million SGD [+]
Imports 38346.90 35641.69 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 103.86 105.10 178.53 99.02 Index Points [+]
Capital Flows 3283.00 22727.00 24455.00 -5008.50 SGD Million [+]
Tourist Arrivals 1467851.00 1129745.00 1621656.00 147954.00 [+]
Gold Reserves 127.40 127.40 127.40 0.00 Tonnes [+]
Weapons Sales 46.00 48.00 91.00 1.00 USD Million [+]
Terrorism Index 0.00 0.00 0.00 0.00 [+]
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 to GDP Notes

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 June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
19.00 18.10 26.10 -13.10 1980 - 2016 percent Yearly



current account to gdp by Country

Last
Switzerland 11.50 Dec/15
Netherlands 8.40 Dec/16
Germany 8.30 Dec/16
South Korea 7.00 Dec/16
Japan 3.70 Dec/16
Euro Area 3.30 Dec/16
Italy 2.60 Dec/16
Spain 2.20 Dec/16
China 1.80 Dec/16
Russia 1.80 Dec/16
India -0.70 Dec/16
France -0.90 Dec/16
Brazil -1.30 Dec/16
Indonesia -1.80 Dec/16
United States -2.60 Dec/16
Australia -2.70 Dec/16
Mexico -2.70 Dec/16
Canada -3.30 Dec/15
Turkey -3.80 Dec/16
United Kingdom -4.40 Dec/16