Singapore Current Account Balance (% of GDP) (2024)
Singapore's Current Account Balance (% of GDP): 18 % of GDP in 2024, +1.4pp YoY. World Bank (BN.CAB.XOKA.GD.ZS), 1990–2024.
Singapore (2024)
18
% of GDP
+1.4pp YoY
YoY Change
+1.4pp
percentage points
Trend
up
Series length
35
years of data
Data
| Year | % of GDP | YoY Change |
|---|---|---|
| 2024 | 18 | +1.4pp |
| 2023 | 16.6 | -2.5pp |
| 2022 | 19.1 | -0.3pp |
| 2021 | 19.5 | +1.7pp |
| 2020 | 17.8 | +2.3pp |
| 2019 | 15.5 | -0.2pp |
| 2018 | 15.7 | -2.8pp |
| 2017 | 18.5 | +0.5pp |
| 2016 | 18.1 | -0.6pp |
| 2015 | 18.7 | +0.7pp |
| 2014 | 18 | +2.2pp |
| 2013 | 15.7 | -1.9pp |
| 2012 | 17.6 | -4.6pp |
| 2011 | 22.2 | -0.7pp |
| 2010 | 22.9 | +6.5pp |
| 2009 | 16.4 | +1.3pp |
| 2008 | 15.1 | -12.1pp |
| 2007 | 27.1 | +0.2pp |
| 2006 | 26.9 | +3.6pp |
| 2005 | 23.3 | n/a |
About this Dataset
Singapore recorded 18.0 % of GDP in 2024. The most recent year-on-year change was +1.4pp. The historical series (1990–2024) shows a peak of 27.1 in 2007 and a trough of 6.9 in 1993.
Data sourced from World Bank Open Data API. Values use World Bank standardised methodology ensuring cross-country comparability.
The chart above shows the full historical trend; the table below lists annual values with year-on-year changes.
Frequently Asked Questions
This indicator tracks singapore current account balance (% of gdp) in Singapore, published by World Bank. Data covers 1990–2024 at annual frequency using harmonised methodology.
The most recent observation covers 2024. World Bank typically publishes this series with a lag of several months after the reference period. Data is updated annual.
The series peaked at 27.1 % of GDP in 2007 and reached its lowest recorded value of 6.9 in 1993. The latest reading of 18.0 in 2024 represents a year-on-year change of +1.4pp.