Singapore current account

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Singapore current account: 37193.2 (8.08%)
Last Update: March 31, 2024

Singapore current account closed down 37193.2 as of March 31, 2024 from 34411.4 from the previous month and 17646.2 from last year.


Singapore current account Analytics & Data




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Singapore current account

DateValues
2024-03-31 37193.2
2023-12-31 34411.4
2023-09-30 33959
2023-06-30 32750.3
2023-03-31 31984.7
2022-12-31 23522.3
2022-09-30 32729.3
2022-06-30 33723.8
2022-03-31 34434.6
2021-12-31 25720.4
2021-09-30 26719.3
2021-06-30 26545.5
2021-03-31 17646.2
2020-12-31 19622.6
2020-09-30 22727.9
2020-06-30 17966
2020-03-31 15985.8
2019-12-31 19600.6
2019-09-30 24194.5
2019-06-30 24645.7
2019-03-31 17691
2018-12-31 20162.6
2018-09-30 25762.2
2018-06-30 22464.8

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Singapore current account Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
current accountsg.currentaccount37193.234411.48111UPUP982024-03-31

Singapore current account Factors

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Singapore current account Historical Data

The MacroVar database offers free access to historical data for the Singapore current account, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Singapore current account data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Singapore current account

The current account of Singapore refers to the country's balance of trade in goods and services, as well as income and transfer payments with the rest of the world. This account reflects the country's economic interactions with other nations and is an important indicator of its overall economic health. A surplus in the current account indicates that Singapore is exporting more goods and services than it is importing, leading to a positive balance of trade and income. This surplus can be used to invest in the country's economy, build up reserves, or repay debt. On the other hand, a deficit in the current account means that Singapore is importing more than it is exporting, which can put pressure on the country's currency and overall economic stability. Monitoring and managing the current account balance is crucial for Singapore to ensure sustainable economic growth and stability.

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