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$, in 1980.
Singapore ranks 7th of 200 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance in Singapore, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1972 | -494.93 million BoP, current US$ | — |
| 1973 | -518.85 million BoP, current US$ | +4.8% |
| 1974 | -1.02 billion BoP, current US$ | +96.9% |
| 1975 | -584.07 million BoP, current US$ | -42.8% |
| 1976 | -567.42 million BoP, current US$ | -2.9% |
| 1977 | -295.15 million BoP, current US$ | -48.0% |
| 1978 | -452.50 million BoP, current US$ | +53.3% |
| 1979 | -735.78 million BoP, current US$ | +62.6% |
| 1980 | -1.56 billion BoP, current US$ | +112.4% |
| 1981 | -1.47 billion BoP, current US$ | -6.0% |
| 1982 | -1.30 billion BoP, current US$ | -11.8% |
| 1983 | -610.49 million BoP, current US$ | -52.9% |
| 1984 | -384.89 million BoP, current US$ | -37.0% |
| 1985 | -3.64 million BoP, current US$ | -99.1% |
| 1986 | 318.73 million BoP, current US$ | -8865.6% |
| 1987 | -108.64 million BoP, current US$ | -134.1% |
| 1988 | 1.94 billion BoP, current US$ | -1882.8% |
| 1989 | 2.96 billion BoP, current US$ | +53.0% |
| 1990 | 3.12 billion BoP, current US$ | +5.3% |
| 1991 | 4.88 billion BoP, current US$ | +56.3% |
| 1992 | 5.91 billion BoP, current US$ | +21.2% |
| 1993 | 4.21 billion BoP, current US$ | -28.8% |
| 1994 | 11.40 billion BoP, current US$ | +170.7% |
| 1995 | 14.49 billion BoP, current US$ | +27.1% |
| 1996 | 14.09 billion BoP, current US$ | -2.8% |
| 1997 | 15.59 billion BoP, current US$ | +10.7% |
| 1998 | 18.68 billion BoP, current US$ | +19.8% |
| 1999 | 14.84 billion BoP, current US$ | -20.5% |
| 2000 | 10.64 billion BoP, current US$ | -28.3% |
| 2001 | 12.96 billion BoP, current US$ | +21.8% |
| 2002 | 13.77 billion BoP, current US$ | +6.2% |
| 2003 | 23.73 billion BoP, current US$ | +72.4% |
| 2004 | 22.21 billion BoP, current US$ | -6.4% |
| 2005 | 29.73 billion BoP, current US$ | +33.8% |
| 2006 | 39.97 billion BoP, current US$ | +34.5% |
| 2007 | 49.11 billion BoP, current US$ | +22.9% |
| 2008 | 29.20 billion BoP, current US$ | -40.5% |
| 2009 | 31.83 billion BoP, current US$ | +9.0% |
| 2010 | 55.00 billion BoP, current US$ | +72.8% |
| 2011 | 62.07 billion BoP, current US$ | +12.9% |
| 2012 | 52.06 billion BoP, current US$ | -16.1% |
| 2013 | 48.31 billion BoP, current US$ | -7.2% |
| 2014 | 56.52 billion BoP, current US$ | +17.0% |
| 2015 | 57.57 billion BoP, current US$ | +1.9% |
| 2016 | 57.82 billion BoP, current US$ | +0.4% |
| 2017 | 63.75 billion BoP, current US$ | +10.2% |
| 2018 | 59.25 billion BoP, current US$ | -7.1% |
| 2019 | 58.23 billion BoP, current US$ | -1.7% |
| 2020 | 62.16 billion BoP, current US$ | +6.7% |
| 2021 | 84.93 billion BoP, current US$ | +36.6% |
| 2022 | 97.31 billion BoP, current US$ | +14.6% |
| 2023 | 83.79 billion BoP, current US$ | -13.9% |
| 2024 | 98.54 billion BoP, current US$ | +17.6% |
| 2025 | 100.93 billion BoP, current US$ | +2.4% |
Singapore compared with similar countries
- Singapore's 100.93 billion BoP, current US$ is above the median for high income countries, which is 303.23 million BoP, current US$, 332.8× the median. (72 countries reporting)
- Singapore's 100.93 billion BoP, current US$ is above the median for East Asia & Pacific, which is 22.41 million BoP, current US$, 4504.1× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Current account balance in Singapore changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1986 | +8865.6% | -3.64 million BoP, current US$ | 318.73 million BoP, current US$ |
| 1988 | +1882.8% | -108.64 million BoP, current US$ | 1.94 billion BoP, current US$ |
| 1994 | +170.7% | 4.21 billion BoP, current US$ | 11.40 billion BoP, current US$ |
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
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.99 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.5 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 94.20 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.156 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 15,415 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 159.09 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 17.78 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.2634 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 26,032 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 12.55 % change on previous year (2025)
Frequently asked questions
- What is current account balance in Singapore?
- Current account balance in Singapore was 100.93 billion BoP, current US$ 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 200 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.