Singapore - Current account balance (% of GDP)

Current account balance (% of GDP) in Singapore was 17.10 as of 2020. Its highest value over the past 48 years was 27.14 in 2007, while its lowest value was -19.56 in 1974.

Definition: Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1972 -18.19
1973 -14.04
1974 -19.56
1975 -10.37
1976 -8.97
1977 -4.46
1978 -6.02
1979 -7.91
1980 -13.14
1981 -10.37
1982 -8.06
1983 -3.43
1984 -1.95
1985 -0.02
1986 1.71
1987 -0.52
1988 7.63
1989 9.73
1990 8.64
1991 10.73
1992 11.35
1993 6.95
1994 15.47
1995 16.50
1996 14.63
1997 15.57
1998 21.79
1999 17.20
2000 11.07
2001 14.43
2002 14.88
2003 24.30
2004 19.31
2005 23.26
2006 26.89
2007 27.14
2008 15.08
2009 16.39
2010 22.93
2011 22.22
2012 17.64
2013 15.71
2014 17.95
2015 18.69
2016 17.65
2017 17.30
2018 15.19
2019 14.50
2020 17.10

Periodicity: Annual

General Comments: Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments