Singapore Current Account to GDP  1980-2016 | Data | Chart | Calendar

Singapore recorded a Current Account surplus of 19.70 percent of the country's Gross Domestic Product in 2015. Current Account to GDP in Singapore averaged 11.78 percent from 1980 until 2015, 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.

Singapore Current Account to GDP
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Actual Previous Highest Lowest Dates Unit Frequency
19.70 17.40 27.30 -13.10 1980 - 2015 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. Singapore Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on May of 2016.


Singapore Trade Last Previous Highest Lowest Unit
Balance of Trade 3656.20 4060.00 8612.24 -1985.81 Million SGD [+]
Exports 34788.40 36125.49 45075.52 197.68 Million SGD [+]
Imports 31132.20 32065.46 43577.46 266.38 Million SGD [+]
Current Account 20597.30 20615.80 27484.10 -662.70 SGD Million [+]
Current Account to GDP 19.70 17.40 27.30 -13.10 percent [+]
External Debt 0.00 0.00 130.60 0.00 SGD Million [+]
Terms of Trade 108.58 109.84 178.53 99.02 Index Points [+]
Capital Flows -18881.80 -22351.90 5774.70 -28095.30 SGD Million [+]
Tourist Arrivals 1330561.00 1404905.00 1516733.00 147954.00 [+]
Gold Reserves 127.40 127.40 127.40 0.00 Tonnes [+]
Terrorism Index 0.00 0.00 0.00 0.00 [+]
Foreign Direct Investment 18149.60 21309.80 24489.00 -4441.60 SGD Million [+]




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