Singapore Current Account to GDP 1980-2015 | Data | Chart | Calendar

Singapore recorded a Current Account surplus of 19 percent of the country's Gross Domestic Product in 2014. Current Account to GDP in Singapore averaged 11.60 percent from 1980 until 2014, reaching an all time high of 27.30 percent in 2007 and a record low of -13.10 percent in 1980. Current Account to GDP in Singapore is reported by the Statistics Singapore.

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Singapore Current Account to GDP


Actual Previous Highest Lowest Dates Unit Frequency
19.00 18.00 27.30 -13.10 1980 - 2014 percent Yearly
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. Content for - Singapore Current Account to GDP - was last refreshed on Saturday, March 28, 2015.

Singapore Trade Last Previous Highest Lowest Unit
Balance of Trade 5180000.00 8500000.00 9600000.00 -1985810.00 Thousand SGD [+]
Exports 33863900.00 42430000.00 48997750.00 197677.00 Thousand SGD [+]
Imports 28683200.00 33930000.00 43135700.00 266381.00 Thousand SGD [+]
Current Account 19151.40 21862.00 22170.30 -662.70 SGD Million [+]
Current Account to GDP 19.00 18.00 27.30 -13.10 percent [+]
External Debt 0.00 0.00 130.60 0.00 SGD Million [+]
Terms of Trade 106.40 108.17 178.53 99.02 Index Points [+]
Tourist Arrivals 1252108.00 1359983.00 1467000.00 147954.00 [+]
Gold Reserves 127.40 127.40 127.40 0.00 Tonnes [+]
Capital Flows -17525.00 -19289.30 5774.70 -19289.30 SGD Million [+]


Current Account to GDP Reference Previous Highest Lowest Unit
Australia -2.90 Dec/13 -4.10 1.40 -6.70 percent [+]
Brazil -4.17 Dec/14 -3.66 1.80 -8.20 percent [+]
Canada -3.20 Dec/13 -3.40 2.70 -4.20 percent [+]
China 2.00 Dec/13 2.60 10.10 -3.70 percent [+]
Euro Area 2.40 Dec/13 1.40 2.40 -1.50 percent [+]
France -1.30 Dec/13 -2.20 2.70 -2.20 percent [+]
Germany 7.50 Dec/13 7.40 7.50 -1.70 percent [+]
India -1.70 Dec/13 -4.70 1.50 -4.70 percent [+]
Indonesia -2.95 Dec/14 -3.20 4.80 -6.80 percent [+]
Italy 1.00 Dec/13 -0.30 3.20 -3.70 percent [+]
Japan 0.70 Dec/13 1.10 4.80 -1.00 percent [+]
Mexico -2.10 Dec/14 -1.80 3.40 -6.10 percent [+]
Netherlands 10.40 Dec/13 9.50 10.40 -1.00 percent [+]
Russia 1.56 Dec/13 3.60 18.00 -1.40 percent [+]
South Korea 5.80 Dec/13 4.30 11.90 -8.30 percent [+]
Spain 0.80 Dec/13 -1.20 1.50 -10.00 percent [+]
Switzerland 12.30 Dec/13 9.16 15.60 -0.60 percent [+]
Turkey -7.90 Dec/13 -6.00 2.00 -9.70 percent [+]
United Kingdom -4.40 Dec/13 -3.80 1.90 -4.90 percent [+]
United States -2.40 Dec/14 -2.40 0.20 -6.00 percent [+]