Singapore Current Account Balance (US Dollars) Statistics

09, Dec 2019, EST.

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Country or Region: Singapore › Change country
Economic Indicator: Current Account Balance (US Dollars) › See all Singapore indicators, › See Current Account Balance (US Dollars) 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. Source: National Statistics Office Latest actual data: 2015 BOP Manual used: Balance of Payments and International Investment Position Manual, sixth edition (BPM6) Primary domestic currency: Singapore dollar Data last updated: 03/2016

Current Account Balance (US Dollars) Statistics for Singapore , Year 2015 - In Detail

Current Account Balance (US Dollars) for Singapore in year 2015 is US$ 57.561 Billion. 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. 9 in world rankings according to Current Account Balance (US Dollars) in year 2015. The world's average Current Account Balance (US Dollars) value is US$ 7.04 Billion; Singapore is US$ 50.52 more than the average.

In the previous year, 2014, Current Account Balance (US Dollars) for Singapore was US$ 53.18 Billion Current Account Balance (US Dollars) for Singapore in 2015 was or will be 8.25% more than it was or will be in 2014.

In the following or forecasted year, 2016, Current Account Balance (US Dollars) for Singapore was or will be US$62.34 Billion, which is 8.30% more than the 2015 figure.

* Source: IMF
Current Account Balance (US Dollars) for Singapore, in other Years
Year US$ Billion
  2021 62.674
  2020 62.788
  2019 62.306
  2018 62.037
  2017 62.32
  2016 62.34
2015 57.561
  2014 53.176
  2013 54.084
  2012 49.774
  2011 60.561
  2010 55.943
  2009 32.36
  2008 27.742
  2007 46.749
  2006 36.885
  2005 27.868
  2004 20.506
  2003 21.899
  2002 12.257
  2001 12.06
  2000 10.158
  1999 14.487
  1998 18.445
  1997 15.257
  1996 13.88
  1995 14.416
  1994 11.35
  1993 4.175
  1992 5.882
  1991 4.851
  1990 3.098
  1989 2.947
  1988 1.932
  1987 -0.109
  1986 0.374
  1985 0.058
  1984 -0.354
  1983 -0.583
  1982 -1.276
  1981 -1.48
  1980 -1.577