Current account balance in Singapore
Singapore: Current account balance was 100.93 billion BoP, current US$ in 2025. ◆ Volatile
Current account balance in Singapore, 1972–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for current account balance in Singapore is 100.93 billion BoP, current US$, measured in 2025. That is the highest value across all 54 years on record.
That represents a change of up 2.4% on the previous year and up 75.3% over ten years.
Over the whole period, current account balance in Singapore peaked at 100.93 billion BoP, current US$ in 2025 and was at its lowest, -1.56 billion BoP, current US$, in 1980.
Singapore ranks 7th of 198 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -583.76 million BoP, current US$ | -1.02 billion BoP, current US$ | -295.15 million BoP, current US$ | 8 |
| 1980s | -21.70 million BoP, current US$ | -1.56 billion BoP, current US$ | 2.96 billion BoP, current US$ | 10 |
| 1990s | 10.72 billion BoP, current US$ | 3.12 billion BoP, current US$ | 18.68 billion BoP, current US$ | 10 |
| 2000s | 26.32 billion BoP, current US$ | 10.64 billion BoP, current US$ | 49.11 billion BoP, current US$ | 10 |
| 2010s | 57.06 billion BoP, current US$ | 48.31 billion BoP, current US$ | 63.75 billion BoP, current US$ | 10 |
| 2020s | 87.94 billion BoP, current US$ | 62.16 billion BoP, current US$ | 100.93 billion BoP, current US$ | 6 |
Countries ranked near Singapore
- 4 South Korea 123.05 billion BoP, current US$ compare
- 5 Netherlands 110.92 billion BoP, current US$ compare
- 6 Ireland 105.99 billion BoP, current US$ compare
- 8 Norway 74.13 billion BoP, current US$ compare
- 9 Switzerland 72.88 billion BoP, current US$ compare
- 10 Spain 56.02 billion BoP, current US$ compare
More economy & growth data for Singapore
- External balance on goods and services as a percent of GDP 35.4% (2025)
- Inflation of consumer prices 0.9% (2025)
- GDP per capita 70,684 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 17.4% (2025)
- Gross domestic product (GDP) 431.96 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 70,684 constant 2015 US$ (2025)
- DEC alternative conversion factor 1.31 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -14.11 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -10.79 billion current US$ (2025)
- Taxes less subsidies on products 45.11 billion current LCU (2025)
Frequently asked questions
- What is current account balance in Singapore?
- Current account balance in Singapore was 100.93 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest current account balance recorded in Singapore?
- The highest recorded value was 100.93 billion BoP, current US$ in 2025.
- What is the lowest current account balance recorded in Singapore?
- The lowest recorded value was -1.56 billion BoP, current US$ in 1980.
- How does Singapore rank for current account balance?
- Singapore ranks 7th out of 198 countries with data for 2025.
- Is current account balance rising or falling in Singapore?
- Over the last ten years it is up 75.3%. The long-run trend across the full record is volatile.
- Where does this Singapore data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Current account balance (BoP, current US$). Statizoid updates them automatically from the source API.
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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 in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.