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Singapore Current Account Balance (% GDP) Statistics

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Country or Region: Singapore › Change country
Economic Indicator: Current Account Balance (% GDP) › See all Singapore indicators, › See Current Account Balance (% GDP) data for all countries
Detailed Analysis for Year: 2010 › Change year
Full Dataset: from 1980 to 2016
Dataset updated: 1st August 2011
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Singapore Dollar
Currency Symbol: SGD

Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income. See notes for: Gross domestic product, current prices (National currency) Current account balance (U.S. dollars).

Current Account Balance (% GDP) Statistics for Singapore , Year 2010 - In Detail

Current Account Balance (% GDP) for Singapore in year 2010 is 22.207 %

This makes Singapore No. 5 in world rankings according to Current Account Balance (% GDP) in year 2010. The world's average Current Account Balance (% GDP) value is -2.68 %; Singapore is 24.89 more than the average.

In the previous year, 2009, Current Account Balance (% GDP) for Singapore was 19.04 % Current Account Balance (% GDP) for Singapore in 2010 was or will be 16.64% more than it was or will be in 2009.

In the following or forecasted year, 2011, Current Account Balance (% GDP) for Singapore was or will be 20.42 %, which is 8.07% less than the 2010 figure.

* Source: IMF
Current Account Balance (% GDP) for Singapore, in other Years
Year %
  2016 14.9
  2015 15.9
  2014 17.2
  2013 17.946
  2012 19.004
  2011 20.415
2010 22.207
  2009 19.039
  2008 14.583
  2007 27.338
  2006 24.821
  2005 21.111
  2004 16.965
  2003 22.704
  2002 12.885
  2001 12.878
  2000 10.858
  1999 17.066
  1998 21.755
  1997 15.404
  1996 14.708
  1995 16.357
  1994 15.5
  1993 6.905
  1992 11.315
  1991 10.736
  1990 7.977
  1989 9.386
  1988 7.301
  1987 -0.505
  1986 1.999
  1985 0.316
  1984 -1.82
  1983 -3.253
  1982 -8.072
  1981 -10.333
  1980 -13.088