Singapore Current Account to GDP

Singapore recorded a Current Account surplus of 18 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Singapore averaged 11.38 Percent from 1980 until 2013, 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
18.00 17.00 27.30 -13.10 1980 - 2013 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.

Trade Last Previous Highest Lowest Unit
Balance of Trade 5887900.00 3013600.00 9600000.00 -1985810.00 Thousand SGD [+]
Exports 43517700.00 43611900.00 48997750.00 197677.00 Thousand SGD [+]
Imports 37629800.00 40598600.00 43135700.00 266381.00 Thousand SGD [+]
Current Account 16300.70 16843.10 22771.90 -662.70 SGD Million [+]
Current Account to GDP 18.00 17.00 27.30 -13.10 Percent [+]
External Debt 0.00 0.00 130.60 0.00 SGD Million [+]
Terms of Trade 99.05 99.55 167.24 93.05 Index Points [+]
Tourist Arrivals 1207825.00 1244597.00 1467000.00 147954.00 [+]
Gold Reserves 127.40 127.40 127.40 0.00 Tonnes [+]





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