Current Account in Singapore

Singapore Current Account | Economic News & Forecasts

Singapore - Current Account

Available data suggests that the economy remained on weak footing in the fourth quarter, largely on the back of lingering external headwinds. Although industrial production expanded at the strongest clip in nearly a year in October, the manufacturing and electronics PMIs remained stuck in contraction in October–November, amid the uncertain global backdrop and the continuation of the tech downcycle. International trade tensions also fed through to the external sector again in October, with exports contracting at a stronger pace; nevertheless, the monthly trade surplus widened in the same month as imports fell at a steeper pace. Meanwhile, consumer loans fell again in October, although business loan growth accelerated in the same month.

Singapore - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)15.7  17.9  17.2  17.5  16.4  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.


Singapore Current Account Chart

Singapore Current Account
Note: Current account balance as % of GDP.
Source: Singapore Ministry of Trade and Industry and FocusEconomics calculations.

Singapore Facts

Bond Yield1.741.39 %Dec 31
Exchange Rate1.34-0.01 %Jan 01

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.


Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form