Singapore Current Account  1986-2017 | Data | Chart | Calendar | Forecast

Singapore's current account surplus fell to SGD 18.13 billion in the fourth quarter of 2016 from SGD 19.62 billion in the same period of 2015, as the goods surplus narrowed to SGD 28.09 billion from SGD 29.86 billion a year earlier. Meanwhile, the services deficit increased to SGD 2.41 billion from SGD 2.06 billion in the fourth quarter a year earlier; and the secondary income gap rose to SGD 3.81 billion from SGD 3.56 billion. The primary income deficit narrowed to SGD 3.74 billion from SGD 4.64 billion a year ago. Considering January to December 2016, the current account surplus widened to SGD 78.06 billion from SGD 73.91 billion in 2015. Current Account in Singapore averaged 8737.16 SGD Million from 1986 until 2016, reaching an all time high of 23731.80 SGD Million in the third quarter of 2014 and a record low of -659.20 SGD Million in the first quarter of 1987.

Singapore Current Account
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-08-12 12:30 AM Q2 S$20.8B S$18.8B S$19.2B
2016-11-24 01:30 AM Q3 S$24.7B S$22.4B S$20.5B
2017-02-17 03:30 AM Q4 S$18.1B S$22.7B S$19.0B
2017-05-26 12:30 AM Q1 S$18.1B S$ 17.3B
2017-08-12 12:30 AM Q2 S$ 20B
2017-11-24 01:30 AM Q3 S$ 19.9B




Singapore Trade Last Previous Highest Lowest Unit
Balance of Trade 7752.90 3319.93 8482.86 -1985.81 Million SGD [+]
Exports 43285.90 42685.10 46169.53 197.68 Million SGD [+]
Imports 35533.00 39365.20 44108.04 266.38 Million SGD [+]
Current Account 18129.90 22765.50 23731.80 -659.20 SGD Million [+]
Current Account to GDP 19.80 17.50 26.10 -13.10 percent [+]
External Debt 0.00 0.00 130.60 0.00 SGD Million [+]
Terms of Trade 105.08 104.98 178.53 99.02 Index Points [+]
Capital Flows 22727.00 18184.30 24455.00 -5008.50 SGD Million [+]
Tourist Arrivals 1505299.00 1234029.00 1621656.00 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 48.00 2.00 91.00 1.00 USD Million [+]
Foreign Direct Investment 24859.90 21136.00 29895.30 -4441.60 SGD Million [+]



Singapore Current Account Notes

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). This page provides - Singapore Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Singapore Current Account - actual data, historical chart and calendar of releases - was last updated on March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
18129.90 22765.50 23731.80 -659.20 1986 - 2016 SGD Million Quarterly



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Latvia 114.50 Jan/17
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Paraguay 256.10 Sep/16
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Republic of the Congo -1163.30 Dec/10
Romania 416.00 Jan/17
Russia 7800.00 Dec/16
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