Singapore: Current account forecast

The latest value from 2028 is 15.19 percent, a decline from 16.03 percent in 2027. In comparison, the world average is -0.95 percent, based on data from 182 countries. Historically, the average for Singapore from 1980 to 2028 is 13.31 percent. The minimum value, -13.35 percent, was reached in 1980 while the maximum of 27.14 percent was recorded in 2007. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: The current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The series includes actual historical values for past years and forecast values for the current and the next few years.