Singapore Current Account Balance (% GDP) Statistics

19, May 2019, EDT.

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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: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
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 2015 - In Detail

Current Account Balance (% GDP) for Singapore in year 2015 is 19.663 %. 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.

This makes Singapore No. 3 in world rankings according to Current Account Balance (% GDP) in year 2015. The world's average Current Account Balance (% GDP) value is -4.12 %; Singapore is 23.78 more than the average.

In the previous year, 2014, Current Account Balance (% GDP) for Singapore was 17.36 % Current Account Balance (% GDP) for Singapore in 2015 was or will be 13.28% more than it was or will be in 2014.

In the following or forecasted year, 2016, Current Account Balance (% GDP) for Singapore was or will be 21.16 %, which is 7.63% more than the 2015 figure.

* Source: IMF
Current Account Balance (% GDP) for Singapore, in other Years
Year %
  2021 18.045
  2020 18.649
  2019 19.191
  2018 19.792
  2017 20.494
  2016 21.164
2015 19.663
  2014 17.358
  2013 17.894
  2012 17.167
  2011 21.993
  2010 23.663
  2009 16.819
  2008 14.432
  2007 25.974
  2006 24.957
  2005 21.871
  2004 17.959
  2003 22.576
  2002 13.331
  2001 13.507
  2000 10.599
  1999 16.789
  1998 21.519
  1997 15.232
  1996 14.398
  1995 16.403
  1994 15.385
  1993 6.885
  1992 11.282
  1991 10.667
  1990 7.963
  1989 9.388
  1988 7.288
  1987 -0.506
  1986 1.993
  1985 0.314
  1984 -1.81
  1983 -3.242
  1982 -8.034
  1981 -10.289
  1980 -13.052