Singapore Posts Record Current Account Surplus in Q1

2026-05-25 00:56 By Chusnul Chotimah 1 min. read

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.



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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.
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