Ireland vs Singapore: Current account balance
Current account balance over time
- Ireland
- Singapore
How they compare
Ireland currently reports 17.4% against 16.7% in Singapore, a difference of 0.7%.
The two have swapped places 1 time across 20 shared years of data; in 2005 it was Singapore ahead.
Ireland ranks 7th and Singapore ranks 9th of 200 countries.
Singapore has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Ireland | Singapore | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -3.9% | 21.8% | 25.7% | Singapore |
| 2010s | -0.6% | 18.3% | 18.9% | Singapore |
| 2020s | 7.9% | 17.9% | 10.0% | Singapore |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance, Ireland or Singapore?
- Ireland, at 17.4% against 16.7% in Singapore as of 2024.
- What is the difference in current account balance between Ireland and Singapore?
- 0.7%, with Ireland ahead.
- How many years of comparable data are there for Ireland and Singapore?
- 20 years are reported by both, from 2005 to 2024.
- How do Ireland and Singapore rank globally for current account balance?
- Ireland ranks 7th and Singapore ranks 9th of 200 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Current account balance (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.