Total current account debit/expenditure, Debit/Expenditure in Singapore
Singapore: Total current account debit/expenditure, Debit/Expenditure was 1.11 trillion in 2024. β² Rising
Total current account debit/expenditure, Debit/Expenditure in Singapore, 2005β2024
Source: International Monetary Fund.
Analysis
Singapore recorded 1.11 trillion for total current account debit/expenditure, debit/expenditure in 2024. That is the highest value across all 20 years on record.
The figure is up 8.8% on the previous year and up 76.9% over ten years.
Over the whole period, total current account debit/expenditure, debit/expenditure in Singapore peaked at 1.11 trillion in 2024 and was at its lowest, 291.58 billion, in 2005.
Singapore ranks 8th of 197 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 20 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 378.84 billion | 291.58 billion | 467.71 billion | 5 |
| 2010s | 617.65 billion | 488.60 billion | 739.51 billion | 10 |
| 2020s | 953.93 billion | 703.36 billion | 1.11 trillion | 5 |
Countries ranked near Singapore
More trade data for Singapore
- Commodity Net Export Price Index, Individual Commodities Weighted by 105.53 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 103.65 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 90.42 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 69.54 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 87.24 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 68.59 (2025)
- Imports of low carbon technology products, Percent of GDP 3.28 (2024)
- Exports of low carbon technology products, US dollar 19.53 billion (2024)
- Imports of low carbon technology products, US dollar 17.93 billion (2024)
- Trade balance in low carbon technology products, US dollar 1.60 billion (2024)
Frequently asked questions
- What is total current account debit/expenditure, debit/expenditure in Singapore?
- Total current account debit/expenditure, debit/expenditure in Singapore was 1.11 trillion in 2024, according to International Monetary Fund.
- What is the highest total current account debit/expenditure, debit/expenditure recorded in Singapore?
- The highest recorded value was 1.11 trillion in 2024.
- What is the lowest total current account debit/expenditure, debit/expenditure recorded in Singapore?
- The lowest recorded value was 291.58 billion in 2005.
- How does Singapore rank for total current account debit/expenditure, debit/expenditure?
- Singapore ranks 8th out of 197 countries with data for 2024.
- Is total current account debit/expenditure, debit/expenditure rising or falling in Singapore?
- Over the last ten years it is up 76.9%. The long-run trend across the full record is rising.
- Where does this Singapore data come from?
- The figures come from International Monetary Fund, published as part of Total current account debit/expenditure, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.