Singapore Current Account - Forecast

Current Account in Singapore is expected to be 22800.00 SGD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Singapore to stand at 20547.15 in 12 months time. In the long-term, the Singapore Current Account is projected to trend around 24000.00 SGD Million in 2020, according to our econometric models.


Singapore Current Account
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Singapore Trade Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade 5431 6800 11344 6650 6135 7326
Exports 47959 44500 48036 47692 48121 50326
Imports 42528 37700 36692 41042 41986 43000
Current Account 20538 22800 20546 22000 20547 24000
Current Account to GDP 19.5 19.3 19.3 19.3 18.7 18
External Debt 0 0 0 0 0 0
Terms of Trade 103 94.44 99.84 90.43 103 82.24
Capital Flows 14194 20000 15104 26000 15026 21000
Tourist Arrivals 1577547 1449153 1534500 1777518 1545800 2210118
Gold Reserves 127 127 127 127 127 127
Terrorism Index 0 0.3 0 0.3 0 0.2
Weapons Sales 47 42 34.45 42 36.94 56
Foreign Direct Investment 23354 24392 21565 22046 21565 27753