Singapore Forecast: Current Account Balance

1980 - 2028 | Yearly | USD bn | International Monetary Fund

Key information about Singapore Forecast: Current Account Balance

  • Singapore Current Account Balance is forecasted to be 79.203 USD bn in Dec 2024 as reported by International Monetary Fund.
  • It records a decrease from the last reported number of 82.564 USD bn in Dec 2023.
  • Looking ahead, Singapore Current Account Balance is projected to stand at 74.156 USD bn in Dec 2028.
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: BPM6: Current Account: USD.

View Singapore's Forecast: Current Account Balance from 1980 to 2028 in the chart:

Singapore Forecast: Current Account Balance

What is Singapore's Forecast: Current Account Balance in 2028?

Singapore Current Account Balance is forecasted to be 79.203 USD bn in Dec 2024 as reported by International Monetary Fund. See the table below for more data.

Last Previous Min Max Unit Frequency Range
74.156 2028 74.591 2027 -1.613 1980 90.239 2022 USD bn yearly 1980 - 2028

Forecast: Current Account Balance by Country Comparison

Buy Selected Data

Includes Forecast: Current Account Balance on 194 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Afghanistan (USD bn) 2.247 2020 yearly 2002 - 2020
Albania (USD bn) -1.790 2028 yearly 1980 - 2028
Algeria (USD bn) -11.567 2029 yearly 1980 - 2029
Andorra (USD bn) 0.842 2028 yearly 2019 - 2028
Angola (USD bn) 4.541 2029 yearly 1980 - 2029
Antigua and Barbuda (USD bn) -0.252 2029 yearly 2014 - 2029
Argentina (USD bn) 10.297 2029 yearly 1980 - 2029
Armenia (USD bn) -1.802 2029 yearly 1992 - 2029
Aruba (USD bn) 0.170 2029 yearly 1999 - 2029
Australia (USD bn) -11.131 2029 yearly 1980 - 2029
Austria (USD bn) 1.670 2028 yearly 1980 - 2028
Azerbaijan (USD bn) 4.193 2029 yearly 1992 - 2029
Bahamas (USD bn) -0.965 2028 yearly 1980 - 2028
Bahrain (USD bn) 1.321 2028 yearly 1980 - 2028
Bangladesh (USD bn) -21.942 2028 yearly 1980 - 2028
Barbados (USD bn) -0.438 2028 yearly 1980 - 2028
Belarus (USD bn) -0.558 2029 yearly 1992 - 2029
Belgium (USD bn) 1.614 2029 yearly 1980 - 2029
Belize (USD bn) -0.215 2028 yearly 1980 - 2028
Benin (USD bn) -1.245 2028 yearly 1980 - 2028
Bhutan (USD bn) -0.416 2028 yearly 1980 - 2028
Bolivia (USD bn) -3.452 2029 yearly 1980 - 2029
Bosnia and Herzegovina (USD bn) -1.298 2028 yearly 1998 - 2028
Botswana (USD bn) 0.283 2029 yearly 1980 - 2029
Brazil (USD bn) -61.163 2029 yearly 1980 - 2029
Brunei (USD bn) 3.308 2029 yearly 1981 - 2029
Bulgaria (USD bn) -0.564 2029 yearly 1980 - 2029
Burkina Faso (USD bn) -0.678 2029 yearly 1980 - 2029
Burundi (USD bn) -0.583 2028 yearly 1980 - 2028
Cambodia (USD bn) -2.954 2028 yearly 1992 - 2028
Cameroon (USD bn) -2.074 2029 yearly 1980 - 2029
Canada (USD bn) -55.335 2028 yearly 1980 - 2028
Cape Verde (USD bn) -0.120 2029 yearly 1980 - 2029
Central African Republic (USD bn) -0.173 2028 yearly 1980 - 2028
Chad (USD bn) -0.981 2028 yearly 1980 - 2028
Chile (USD bn) -12.671 2028 yearly 1980 - 2028
China (USD bn) 268.682 2029 yearly 1997 - 2029
Colombia (USD bn) -17.588 2029 yearly 1980 - 2029
Comoros (USD bn) -0.085 2028 yearly 1980 - 2028
Congo (USD bn) -0.461 2028 yearly 1980 - 2028
Costa Rica (USD bn) -1.821 2029 yearly 1980 - 2029
Croatia (USD bn) -0.159 2029 yearly 1992 - 2029
Cyprus (USD bn) -3.590 2029 yearly 1980 - 2029
Czech Republic (USD bn) 6.206 2029 yearly 1995 - 2029
Democratic Republic of Congo (USD bn) -3.273 2028 yearly 1980 - 2028
Denmark (USD bn) 44.415 2029 yearly 1980 - 2029
Djibouti (USD bn) 0.128 2028 yearly 1991 - 2028
Dominica (USD bn) -0.108 2029 yearly 2000 - 2029
Dominican Republic (USD bn) -4.927 2028 yearly 1980 - 2028
Ecuador (USD bn) 1.810 2029 yearly 1980 - 2029
Egypt (USD bn) -14.101 2029 yearly 1980 - 2029
El Salvador (USD bn) -1.320 2029 yearly 1980 - 2029
Equatorial Guinea (USD bn) -0.968 2029 yearly 1987 - 2029
Eritrea (USD bn) 0.257 2019 yearly 1992 - 2019
Estonia (USD bn) -0.974 2029 yearly 1993 - 2029
Swaziland (USD bn) 0.001 2029 yearly 1980 - 2029
Ethiopia (USD bn) -6.377 2029 yearly 1980 - 2029
Fiji (USD bn) -0.574 2029 yearly 1980 - 2029
Finland (USD bn) -1.459 2028 yearly 1980 - 2028
France (USD bn) -4.242 2029 yearly 1980 - 2029
Gabon (USD bn) -1.367 2028 yearly 1980 - 2028
Gambia (USD bn) -0.046 2029 yearly 1980 - 2029
Georgia (USD bn) -2.346 2028 yearly 1995 - 2028
Germany (USD bn) 328.784 2029 yearly 1980 - 2029
Ghana (USD bn) -2.914 2028 yearly 1980 - 2028
Greece (USD bn) -9.215 2028 yearly 1980 - 2028
Grenada (USD bn) -0.194 2029 yearly 2014 - 2029
Guatemala (USD bn) 0.858 2029 yearly 1980 - 2029
Guinea (USD bn) -3.055 2029 yearly 1980 - 2029
Guinea-Bissau (USD bn) -0.118 2028 yearly 1980 - 2028
Guyana (USD bn) 14.259 2028 yearly 1980 - 2028
Haiti (USD bn) -0.233 2029 yearly 1980 - 2029
Honduras (USD bn) -1.959 2029 yearly 1980 - 2029
Hong Kong SAR, China (USD bn) 25.833 2028 yearly 1980 - 2028
Hungary (USD bn) 1.409 2028 yearly 1980 - 2028
Iceland (USD bn) 0.471 2028 yearly 1980 - 2028
India (USD bn) -137.893 2028 yearly 1980 - 2028
Indonesia (USD bn) -30.420 2028 yearly 1980 - 2028
Iran (USD bn) 18.440 2029 yearly 1980 - 2029
Iraq (USD bn) -30.252 2029 yearly 2001 - 2029
Ireland (USD bn) 44.016 2028 yearly 1980 - 2028
Israel (USD bn) 23.348 2028 yearly 1980 - 2028
Italy (USD bn) 53.574 2028 yearly 1980 - 2028
Ivory Coast (USD bn) -3.088 2028 yearly 1980 - 2028
Jamaica (USD bn) -0.511 2028 yearly 1980 - 2028
Japan (USD bn) 154.467 2029 yearly 1980 - 2029
Jordan (USD bn) -3.004 2029 yearly 1980 - 2029
Kazakhstan (USD bn) -10.333 2028 yearly 1992 - 2028
Kenya (USD bn) -7.497 2028 yearly 1980 - 2028
Kiribati (USD bn) 0.027 2028 yearly 1980 - 2028
South Korea (USD bn) 66.020 2028 yearly 1980 - 2028
Kosovo (USD bn) -0.707 2029 yearly 2000 - 2029
Kuwait (USD bn) 31.307 2029 yearly 1980 - 2029
Kyrgyzstan (USD bn) -0.916 2029 yearly 1992 - 2029
Laos (USD bn) -1.018 2028 yearly 1980 - 2028
Latvia (USD bn) -1.830 2029 yearly 1992 - 2029
Lebanon (USD bn) -7.859 2022 yearly 1980 - 2022
Lesotho (USD bn) -0.120 2029 yearly 1980 - 2029
Liberia (USD bn) -1.265 2028 yearly 2000 - 2028
Libya (USD bn) 7.305 2028 yearly 1980 - 2028

Accurate Macro & Micro Economic Data You Can Trust

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

Learn more about what we do

Singapore Key Series

Buy Selected Data

Includes 233 key indicators for Singapore, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 1.5 Dec 2023 quarterly Mar 2012 - Dec 2023
Consolidated Fiscal Balance (USD mn) -18,601.328 Mar 2024 monthly Apr 2011 - Mar 2024
Tax Revenue (USD mn) 4,688.968 Mar 2024 monthly Aug 1987 - Mar 2024
Tax Revenue: % of GDP (%) 10.1 Dec 2023 quarterly Dec 1987 - Dec 2023
National Government Debt (USD mn) 871,871.2 Dec 2023 quarterly Mar 1990 - Dec 2023
Government Debt: % of GDP (%) 170.8 Dec 2023 quarterly Mar 1990 - Dec 2023
Forecast: Government Expenditure (SGD bn) 147.746 2029 yearly 1991 - 2029
Forecast: Government Net Debt (SGD bn) 1,456.380 2029 yearly 1991 - 2029
Forecast: Government Revenue (SGD bn) 170.603 2029 yearly 1991 - 2029
Govt Finance: Cash Surplus / Deficit (SGD mn) -24,938.800 Mar 2024 monthly Apr 2011 - Mar 2024
Govt Revenue: Operating (SGD mn) 7,536.400 Mar 2024 monthly Jan 2003 - Mar 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.209 2028 yearly 1980 - 2028
Trade Balance (USD mn) 3,473.4 Mar 2024 monthly Jan 1976 - Mar 2024
Total Exports (USD mn) 41,601.2 Mar 2024 monthly Jan 1976 - Mar 2024
Total Exports Growth (%) 1.7 Mar 2024 monthly Jan 1977 - Mar 2024
Aluminum: Exports (USD th) 710,153.306 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 10,982,157.540 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 7,291,818.243 2022 yearly 1995 - 2022
Total Imports (USD mn) 38,127.8 Mar 2024 monthly Jan 1964 - Mar 2024
Total Imports Growth (%) 4.8 Mar 2024 monthly Jan 1965 - Mar 2024
Imports: Medicament (USD th) 2,207,048.295 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 2,625,676.303 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 3,265.368 Mar 2024 monthly Jan 1976 - Mar 2024
Total Imports from USA (USD mn) 4,385.974 Mar 2024 monthly Jan 1976 - Mar 2024
Total Exports to China (USD mn) 6,415.299 Mar 2024 monthly Jan 1975 - Mar 2024
Total Imports from China (USD mn) 4,587.876 Mar 2024 monthly Jan 1975 - Mar 2024
Domestic Exports: Non Oil (SGD mn) 17,289.94 May 2018 monthly Jan 1976 - May 2018
Re Exports: Non Oil (SGD mn) 22,035.26 May 2018 monthly Jan 1976 - May 2018
Exports: Non Oil (SGD mn) 40,168.70 Jul 2018 monthly Jan 1964 - Jul 2018
Exports: Indonesia (SGD mn) 4,546.542 Mar 2024 monthly Jan 2003 - Mar 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 21,534.5 Dec 2023 quarterly Mar 1995 - Dec 2023
Current Account Balance (USD mn) 25,500.6 Dec 2023 quarterly Mar 1986 - Dec 2023
Current Account Balance: % of GDP (%) 19.5 Dec 2023 quarterly Mar 1986 - Dec 2023
Foreign Direct Investment (USD mn) 56,128.3 Dec 2023 quarterly Mar 1995 - Dec 2023
Foreign Direct Investment: % of GDP (%) 42.9 Dec 2023 quarterly Mar 1995 - Dec 2023
Foreign Portfolio Investment (USD mn) 12,621.668 Dec 2023 quarterly Mar 1995 - Dec 2023
Foreign Portfolio Investment: % of GDP (%) 9.7 Dec 2023 quarterly Mar 1995 - Dec 2023
External Debt (USD mn) 1,995,943.0 Dec 2023 quarterly Jun 2003 - Dec 2023
External Debt: % of GDP (%) 391.1 2023 yearly 2003 - 2023
External Debt: Short Term (USD mn) 1,297,112.3 Dec 2023 quarterly Jun 2003 - Dec 2023
External Debt: Short Term: % of GDP (%) 254.2 2023 yearly 2003 - 2023
Forecast: Current Account Balance (USD bn) 74.156 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) 859,132.722 Dec 2023 quarterly Dec 2013 - Dec 2023
BoP: Official Reserves (OR): Net (SGD mn) 13,193.400 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: FA: Direct Investment: Liabilities (SGD mn) 75,741.400 Dec 2023 quarterly Mar 1995 - Dec 2023
BoP: FA: Direct Investment (SGD mn) -46,682.000 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: FA: Direct Investment: Assets (SGD mn) 29,059.400 Dec 2023 quarterly Mar 1995 - Dec 2023
BoP: FA: Financial Derivatives (SGD mn) -2,225.900 Dec 2023 quarterly Mar 2006 - Dec 2023
BoP: FA: Others: Liabilities (SGD mn) -13,237.200 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: FA: Portfolio Inv: Liabilities (SGD mn) 17,032.100 Dec 2023 quarterly Mar 1995 - Dec 2023
BoP: Net Errors and Omissions (SGD mn) -1,315.400 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: CA: Primary Income Balance (SGD mn) -30,668.000 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: CA: Goods: Exports (SGD mn) 189,904.700 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: CA: Secondary Income Balance (SGD mn) -1,586.000 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: FA: Others (SGD mn) 36,319.000 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: CA: Goods: Balance (SGD mn) 52,921.800 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: CA: Primary Income Balance: Receipts (SGD mn) 54,446.100 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: CA: Goods: Imports (SGD mn) 136,982.900 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: CA: Services: Imports (SGD mn) 102,106.400 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: FA: Portfolio Inv: Assets (SGD mn) 49,523.600 Dec 2023 quarterly Mar 1995 - Dec 2023
BoP: FA: Others: Assets (SGD mn) 23,081.800 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: Financial Account (FA): Net (SGD mn) 19,902.600 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: FA: Portfolio Investment (SGD mn) 32,491.500 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: FA: Financial Derivatives: Assets (SGD mn) -3,094.700 Dec 2023 quarterly Mar 2006 - Dec 2023
BoP: Current Account (CA) Balance (SGD mn) 34,411.400 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: CA: Services: Exports (SGD mn) 115,850.000 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: CA: Services: Balance (SGD mn) 13,743.600 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: CA: Primary Income Balance: Payment (SGD mn) 85,114.100 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: FA: Financial Derivatives: Liabilities (SGD mn) -868.800 Dec 2023 quarterly Mar 2006 - Dec 2023
BoP: FA: PI: Liabilities: Debt Securities (SGD mn) 1,256.600 2018 yearly 1988 - 2018
BoP: FA: PI: Liabilities: Equity & Investment Fund Shares (SGD mn) -5,728.600 2018 yearly 1988 - 2018
International Investment Position (IIP) (SGD mn) 1,108,209.700 Dec 2018 quarterly Dec 2013 - Dec 2018
External Debt: Gross: OL: DTC: Long Term (SGD mn) 172,930.000 Dec 2023 quarterly Jun 2003 - Dec 2023
External Debt: Gross: OL: DTC: Short Term (SGD mn) 1,376,242.500 Sep 2023 quarterly Jun 2003 - Sep 2023
External Debt: Gross: OL: OS: Short Term (SGD mn) 303,534.300 Sep 2023 quarterly Jun 2003 - Sep 2023
External Debt: Gross (SGD mn) 2,633,247.600 Dec 2023 quarterly Jun 2003 - Dec 2023
External Debt: Gross: OL: OS: Long Term (SGD mn) 268,923.100 Dec 2023 quarterly Jun 2003 - Dec 2023
FDI: By Industry: Financial & Insurance Services (SGD mn) 1,476,535.300 2022 yearly 1998 - 2022
FDI: By Industry: Manufacturing (SGD mn) 323,144.100 2022 yearly 1998 - 2022
FDI: By Industry: Wholesale & Retail Trade (SGD mn) 411,171.600 2022 yearly 1998 - 2022
FDI: By Industry: Professinal, Administrative & Support Services (SGD mn) 175,782.000 2022 yearly 1998 - 2022
Foreign Direct Investment (FDI): Total (SGD mn) 2,618,994.200 2022 yearly 1998 - 2022
FDI: By Country: United Kingdom (SGD mn) 138,604.600 2022 yearly 1998 - 2022
FDI: By Country: Netherlands (SGD mn) 70,409.500 2022 yearly 1998 - 2022
FDI: By Country: United States (SGD mn) 574,017.500 2022 yearly 1998 - 2022
FDI: By Country: Japan (SGD mn) 177,665.900 2022 yearly 1998 - 2022
FDI: By Country: Switzerland (SGD mn) 80,150.900 2022 yearly 1998 - 2022
Business Entities (BE): Formation: Total (Number) 6,250.000 Mar 2024 monthly Jan 1970 - Mar 2024
SG: BOP: Current Account: Personal Remittances: Received (USD mn) 0.000 2022 yearly 2005 - 2022
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.3 Dec 2019 quarterly Dec 2008 - Dec 2019
Household Debt: % of GDP (%) 54.1 Dec 2023 quarterly Mar 1995 - Dec 2023
Non-Performing Loans (USD mn) 9,947.940 Dec 2019 quarterly Dec 2008 - Dec 2019
Money Supply M1 (USD mn) 333,388.752 Mar 2024 monthly Mar 2004 - Mar 2024
Money Supply M2 (USD mn) 943,370.166 Mar 2024 monthly Mar 2004 - Mar 2024
M2 Growth (%) 2.6 Mar 2024 monthly Mar 2005 - Mar 2024
Foreign Exchange Reserves (USD mn) 353,887.7 Mar 2024 monthly Apr 2000 - Mar 2024
Foreign Exchange Reserves: % of GDP (%) 67.165 Dec 2023 quarterly Jun 2000 - Dec 2023
Foreign Exchange Reserves: Months of Import (NA) 9.2 Mar 2024 monthly Apr 2000 - Mar 2024
Gold Reserves (USD mn) 6,877.900 Mar 2024 monthly Apr 2000 - Mar 2024
Total Deposits (USD mn) 1,366,873.395 Mar 2024 monthly Jan 1991 - Mar 2024
Total Deposits Growth (%) 3.8 Mar 2024 monthly Jan 1992 - Mar 2024
Domestic Credit (USD mn) 854,089.5 Mar 2024 monthly Mar 2004 - Mar 2024
Domestic Credit Growth (%) -0.9 Mar 2024 monthly Mar 2005 - Mar 2024
Credit to Households (USD bn) 227.662 Sep 2023 quarterly Mar 1991 - Sep 2023
Credit to Private Non-Financial Sector (USD bn) 856.674 Sep 2023 quarterly Dec 1963 - Sep 2023
Household Debt (USD mn) 271,168.2 Mar 2024 monthly Mar 2004 - Mar 2024
Total Loans (USD mn) 945,502.709 Mar 2024 monthly Mar 2004 - Mar 2024
Total Loans Growth (%) 0.38 Mar 2024 monthly Mar 2005 - Mar 2024
Private Debt: % of Nominal GDP (%) 130.91 Dec 2023 quarterly Mar 2004 - Dec 2023
ORA: Other Reserve Assets (USD mn) 472.40 Jul 2018 monthly Apr 2000 - Jul 2018
ORA: Gold Incl Gold Deposits and Gold Swapped (USD mn) 211.70 Jul 2018 monthly Apr 2000 - Jul 2018
DBU: Loans & Advances: Total, Including Bills Financing (SGD mn) 667,892.20 May 2018 monthly Jan 1980 - May 2018
DBU: Loans & Advances: Loans to Businesses (LB) (SGD mn) 403,032.70 May 2018 monthly Mar 2004 - May 2018
DBU: Loans & Advances: CL: Housing & Bridging Loans (SGD mn) 203,114.90 May 2018 monthly Jan 1991 - May 2018
DBU: Loans & Advances: LB: Professional & Private Individuals (SGD mn) 10,320.90 May 2018 monthly Jan 1991 - May 2018
DBU: Loans & Advances: Consumer Loans (CL) (SGD mn) 264,859.50 May 2018 monthly Mar 2004 - May 2018
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 1.6 Apr 2024 monthly Jan 2000 - Apr 2024
Composite Leading Index: 2015=100 (2015=100) 109.300 Mar 2019 quarterly Mar 1978 - Mar 2019

More Indicators for Singapore

Request a demo of CEIC

CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.

Request a demo
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.
Unlimited access tailored to your data needs
Flexible monthly access to CEIC data