Singapore Current Account Balance: % of GDP
Singapore Current Account surplus accounted for 20.0 % of the country's Nominal GDP in Sep 2020, compared with a 17.3 % surplus in the previous quarter. Singapore Current Account Balance: % of Nominal GDP data is updated quarterly, available from Mar 1986 to Sep 2020, with an average value of 16.1 %. The data reached an all-time high of 33.3 % in Mar 2007 and a record low of -6.3 % in Mar 1987. CEIC calculates Current Account Balance as % of Nominal GDP from quarterly Current Account Balance and quarterly Nominal GDP. The Department of Statistics provides Current Account Balance in local currency. The Ministry of Trade and Industry provides Nominal GDP in local currency.
In the latest reports of Singapore, Current Account recorded a surplus of 16.7 USD bn in Sep 2020. Foreign Direct Investment (FDI) increased by 15.4 USD bn in Sep 2020. Singapore Direct Investment Abroad expanded by 5.2 USD bn in Sep 2020. Its Foreign Portfolio Investment fell by 2.9 USD bn in Sep 2020. The country's Nominal GDP was reported at 83.4 USD bn in Sep 2020.
View Singapore's Current Account Balance: % of GDP from Mar 1986 to Sep 2020 in the chart:
What was Singapore's Current Account Balance: % of GDP in Sep 2020?
|20.0 Sep 2020||17.3 Jun 2020||-6.3 Mar 1987||33.3 Mar 2007||%||quarterly||Mar 1986 - Sep 2020|
Current Account Balance: % of GDP by Country Comparison
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|Albania (%)||-5.8 Sep 2020||quarterly||Mar 2008 - Sep 2020|
|Algeria (%)||-9.6 Jun 2019||quarterly||Mar 2007 - Jun 2019|
|Argentina (%)||1.3 Sep 2020||quarterly||Mar 2004 - Sep 2020|
|Armenia (%)||-1.9 Sep 2020||quarterly||Dec 1994 - Sep 2020|
|Australia (%)||2.1 Sep 2020||quarterly||Sep 1959 - Sep 2020|
|Austria (%)||3.5 Sep 2020||quarterly||Mar 1970 - Sep 2020|
|Azerbaijan (%)||6.1 Mar 2020||quarterly||Mar 2013 - Mar 2020|
|Bahrain (%)||3.3 2014||yearly||1997 - 2014|
|Bangladesh (%)||-1.6 2020||yearly||1998 - 2020|
|Belarus (%)||3.8 Sep 2020||quarterly||Mar 1996 - Sep 2020|
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Singapore Key Series
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|Government and Public Finance||Last||Frequency||Range|
|Consolidated Fiscal Balance: % of GDP (%)||-5.7 Sep 2020||quarterly||Mar 2012 - Sep 2020|
|Consolidated Fiscal Balance (USD mn)||62.665 Sep 2020||monthly||Apr 2011 - Sep 2020|
|Tax Revenue (USD mn)||5,150.330 Nov 2020||monthly||Aug 1987 - Nov 2020|
|Tax Revenue: % of GDP (%)||13.7 Sep 2020||quarterly||Dec 1987 - Sep 2020|
|National Government Debt (USD mn)||505,455.3 Sep 2020||quarterly||Mar 1990 - Sep 2020|
|Government Debt: % of GDP (%)||147.0 Sep 2020||quarterly||Mar 1990 - Sep 2020|
|Forecast: Government Expenditure (SGD bn)||86.441 2025||yearly||1990 - 2025|
|Forecast: Government Net Debt (SGD bn)||795.470 2025||yearly||1990 - 2025|
|Forecast: Government Revenue (SGD bn)||101.605 2025||yearly||1990 - 2025|
|Govt Finance: Cash Surplus / Deficit (SGD mn)||188.300 Nov 2020||monthly||Apr 2011 - Nov 2020|
|Govt Revenue: Operating (SGD mn)||7,367.200 Nov 2020||monthly||Jan 2003 - Nov 2020|
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