Singapore - Current Account Balance 2008
15.08%
−12.06% from 2007
Singapore's current account balance was 15.08% in 2008, decreased +12.06% from 27.14% in 2007. This was the 175th highest globally.
Global Ranking - 2008▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | São Tomé and Principe | -49.73% | -158.6% |
| 2nd | Montenegro | -49.70% | -23.9% |
| 3rd | St. Vincent and the Grenadines | -31.39% | -46.9% |
| 4th | Maldives | -26.93% | -89.5% |
| 5th | Seychelles | -26.84% | -149.2% |
| 6th | Grenada | -26.31% | 10.2% |
| 7th | Dominica | -24.52% | -18.8% |
| 8th | St. Lucia | -24.24% | -31.3% |
| 9th | Vanuatu | -23.97% | -262.8% |
| 10th | Iceland | -22.95% | -67.1% |
| 11th | Djibouti | -22.56% | 12.4% |
| 12th | Georgia | -21.97% | -15.3% |
| 13th | Bulgaria | -21.80% | 8.8% |
| 14th | Antigua and Barbuda | -21.64% | 24.7% |
| 15th | Liberia | -20.53% | -1,208.3% |
| 16th | Tajikistan | -20.51% | 36.2% |
| 17th | Jamaica | -20.37% | -32.6% |
| 18th | Serbia | -19.43% | -26.0% |
| 19th | Micronesia, Federated States of | -19.07% | -75.8% |
| 20th | Tonga | -18.21% | -45.7% |
| 21st | St. Kitts and Nevis | -17.19% | -23.7% |
| 22nd | Nicaragua | -17.07% | -5.0% |
| 23rd | Palau | -17.02% | 20.0% |
| 24th | Moldova | -16.11% | -5.7% |
| 25th | Burundi | -16.09% | 50.4% |
| 26th | New Caledonia | -15.65% | -369.4% |
| 27th | Madagascar | -15.64% | -58.2% |
| 28th | Honduras | -15.34% | -69.9% |
| 29th | Albania | -15.18% | -43.5% |
| 30th | Fiji | -14.94% | -55.8% |
| 31st | Greece | -14.61% | -3.4% |
| 32nd | Cyprus | -14.44% | -35.6% |
| 33rd | Armenia | -14.22% | -93.3% |
| 34th | Lebanon | -14.09% | -118.6% |
| 35th | Kyrgyz Republic | -13.88% | -173.3% |
| 36th | Bosnia and Herzegovina | -13.83% | -50.7% |
| 37th | Lithuania | -13.59% | 11.4% |
| 38th | Latvia | -13.13% | 39.8% |
| 39th | Kosovo | -13.08% | - |
| 40th | North Macedonia | -12.47% | -80.1% |
| 41st | Mongolia | -12.28% | -402.9% |
| 42nd | Portugal | -11.86% | -23.3% |
| 43rd | Romania | -11.66% | 14.0% |
| 44th | Tuvalu | -11.63% | 28.1% |
| 45th | Bahamas, The | -11.61% | -29.2% |
| 46th | Ghana | -11.60% | -96.6% |
| 47th | Senegal | -11.22% | -17.5% |
| 48th | Croatia | -10.93% | -37.6% |
| 49th | Viet Nam | -10.92% | -53.7% |
| 50th | Guyana | -10.62% | -79.8% |
| 51st | Cabo Verde | -10.47% | 11.8% |
| 52nd | Solomon Islands | -10.25% | 20.5% |
| 53rd | Burkina Faso | -10.23% | -39.1% |
| 54th | Central African Republic | -9.71% | -61.2% |
| 55th | Mauritius | -9.63% | -88.1% |
| 56th | Sri Lanka | -9.54% | -160.7% |
| 57th | Dominican Republic | -9.40% | -91.2% |
| 58th | Mauritania | -9.33% | 0.5% |
| 59th | Mali | -9.32% | -67.4% |
| 60th | Tanzania | -9.22% | -9.9% |
| 61st | Jordan | -9.07% | 43.4% |
| 62nd | Barbados | -9.02% | -110.2% |
| 63rd | Niger | -8.96% | -45.7% |
| 64th | Malawi | -8.95% | -53.3% |
| 65th | Panama | -8.89% | -66.4% |
| 66th | Mozambique | -8.88% | -22.1% |
| 67th | Estonia | -8.86% | 40.4% |
| 68th | Spain | -8.82% | 5.7% |
| 69th | Bhutan | -8.54% | -209.0% |
| 70th | El Salvador | -8.52% | -19.1% |
| 71st | Uganda | -8.48% | -163.7% |
| 72nd | Samoa | -8.46% | 37.1% |
| 73rd | Costa Rica | -8.38% | -50.3% |
| 74th | Belize | -8.33% | -173.0% |
| 75th | Belarus | -8.16% | -26.8% |
| 76th | Pakistan | -7.74% | -110.5% |
| 77th | New Zealand | -7.69% | -12.2% |
| 78th | Eritrea | -7.64% | 3.2% |
| 79th | Comoros | -7.53% | -160.1% |
| 80th | Hungary | -7.27% | 1.4% |
| 81st | Eswatini | -7.15% | -267.4% |
| 82nd | Ukraine | -6.79% | -84.6% |
| 83rd | Poland | -6.75% | -0.9% |
| 84th | Cambodia | -6.74% | -378.0% |
| 85th | Guinea | -6.29% | 13.8% |
| 86th | Slovak Republic | -6.22% | -29.6% |
| 87th | French Polynesia | -6.04% | -247.5% |
| 88th | Uruguay | -5.56% | -499.8% |
| 89th | Ireland | -5.56% | 14.7% |
| 90th | Sudan | -5.54% | 8.4% |
| 91st | Kenya | -5.52% | -91.6% |
| 92nd | Benin | -5.50% | 16.0% |
| 93rd | Sierra Leone | -5.42% | -16.8% |
| 94th | Slovenia | -5.31% | -27.8% |
| 95th | South Africa | -5.19% | -7.0% |
| 96th | Türkiye | -5.08% | 5.5% |
| 97th | Australia | -4.87% | 27.8% |
| 98th | Togo | -4.87% | 15.3% |
| 99th | United States | -4.72% | 7.3% |
| 100th | Rwanda | -4.68% | -123.0% |
| 101st | Yemen, Republic of | -4.65% | 33.3% |
| 102nd | Morocco | -4.45% | -7,438.0% |
| 103rd | Peru | -4.41% | -396.4% |
| 104th | Chile | -4.19% | -182.9% |
| 105th | Guatemala | -4.03% | 20.9% |
| 106th | United Kingdom | -3.87% | -3.7% |
| 107th | Tunisia | -3.81% | -23.9% |
| 108th | Marshall Islands | -3.76% | -265.0% |
| 109th | Kiribati | -3.57% | -96.8% |
| 110th | Zambia | -3.33% | -169.0% |
| 111th | Guinea-Bissau | -3.02% | 25.8% |
| 112th | Italy | -2.69% | -97.3% |
| 113th | Colombia | -2.68% | 10.2% |
| 114th | India | -2.58% | -99.8% |
| 115th | Afghanistan | -2.36% | -103.7% |
| 116th | Brazil | -2.10% | -965.7% |
| 117th | Haiti | -1.96% | -117.9% |
| 118th | Czechia | -1.86% | 59.4% |
| 119th | Cameroon | -1.63% | -236.3% |
| 120th | Mexico | -1.41% | -66.5% |
| 121st | Zimbabwe | -1.40% | -153.8% |
| 122nd | Faroe Islands | -1.23% | 64.3% |
| 123rd | France | -0.96% | -843.4% |
| 124th | Egypt, Arab Republic of | -0.87% | -152.5% |
| 125th | Malta | -0.84% | 78.2% |
| 126th | Belgium | -0.83% | -155.6% |
| 127th | Congo, Democratic Republic of | -0.66% | -123.5% |
| 128th | Gambia, The | -0.40% | 92.2% |
| 129th | Namibia | -0.11% | -101.2% |
| 130th | Aruba | 0.00% | -100.0% |
| 131st | Indonesia | 0.02% | -98.3% |
| 132nd | Philippines | 0.08% | -98.5% |
| 133rd | Korea | 0.16% | -81.3% |
| 134th | Canada | 0.20% | -75.1% |
| 135th | Thailand | 0.32% | -94.6% |
| 136th | Paraguay | 0.36% | -91.8% |
| 137th | Israel | 0.43% | -81.1% |
| 138th | Syrian Arab Republic | 0.90% | 483.7% |
| 139th | Kazakhstan | 0.96% | 121.2% |
| 140th | Bangladesh | 1.01% | 0.8% |
| 141st | Côte d'Ivoire | 1.33% | 369.3% |
| 142nd | Botswana | 1.39% | -91.1% |
| 143rd | Lao PDR | 1.42% | 113.7% |
| 144th | Argentina | 1.50% | -28.6% |
| 145th | Switzerland | 1.74% | -80.3% |
| 146th | Finland | 2.47% | -38.8% |
| 147th | Japan | 2.78% | -39.9% |
| 148th | Ecuador | 2.89% | -23.5% |
| 149th | Denmark | 2.93% | 127.0% |
| 150th | Chad | 3.23% | -49.2% |
| 151st | Myanmar | 3.91% | 42.4% |
| 152nd | Netherlands | 4.07% | -23.5% |
| 153rd | Austria | 4.50% | 17.5% |
| 154th | Iran, Islamic Republic of | 4.58% | -39.5% |
| 155th | West Bank and Gaza | 5.21% | 172.3% |
| 156th | Germany | 5.58% | -16.4% |
| 157th | Nepal | 5.85% | 5,096.1% |
| 158th | Luxembourg | 6.22% | -5.0% |
| 159th | Russian Federation | 6.26% | 20.8% |
| 160th | Papua New Guinea | 6.81% | 175.8% |
| 161st | United Arab Emirates | 7.06% | -7.5% |
| 162nd | Oman | 7.23% | 41.8% |
| 163rd | Angola | 7.28% | -49.7% |
| 164th | Congo, Republic of | 7.46% | 131.1% |
| 165th | Equatorial Guinea | 7.85% | -52.9% |
| 166th | Sweden | 7.93% | -1.7% |
| 167th | Nigeria | 8.59% | 16.5% |
| 168th | Bahrain | 8.78% | -31.6% |
| 169th | China | 9.01% | -7.8% |
| 170th | Suriname | 9.22% | -10.7% |
| 171st | Uzbekistan | 10.78% | 66.7% |
| 172nd | Bolivia, Plurinational State of | 11.95% | -0.7% |
| 173rd | Bermuda | 12.99% | -27.7% |
| 174th | Hong Kong SAR, China | 14.99% | 15.1% |
| 175th | Singapore | 15.08% | -44.4% |
| 176th | Macao SAR, China | 15.56% | -28.2% |
| 177th | Norway | 15.68% | 24.8% |
| 178th | Lesotho | 15.71% | -4.2% |
| 179th | Malaysia | 16.86% | 15.0% |
| 180th | Turkmenistan | 17.76% | 6.4% |
| 181st | Algeria | 18.82% | -12.4% |
| 182nd | Iraq | 21.61% | 6,512.1% |
| 183rd | Qatar | 23.61% | 56.6% |
| 184th | Gabon | 24.59% | 11.5% |
| 185th | Saudi Arabia | 27.83% | 16.4% |
| 186th | Trinidad and Tobago | 30.49% | 29.5% |
| 187th | Azerbaijan | 33.68% | 23.4% |
| 188th | Kuwait | 40.87% | 13.4% |
| 189th | Libya | 41.17% | -5.8% |
| 190th | Brunei Darussalam | 43.57% | 22.5% |
| 191st | Nauru | 49.54% | - |
| 192nd | Timor-Leste | 311.75% | 45.0% |
FAQ
What was Singapore's current account balance in 2008?▾
Singapore's current account balance in 2008 was 15.08%. This ranked 175th globally.
How did Singapore's current account balance change in 2008?▾
Singapore's current account balance decreased by 44.4% in 2008 compared to 2007.
Which country had the highest current account balance in 2008?▾
Timor-Leste had the highest current account balance in 2008 at 311.75%.
What is the current account balance of Singapore in 2008?▾
The current account balance of Singapore in 2008 was 15.08%. This ranked 175th globally.
How does 2008 compare to 2007 for Singapore's current account balance?▾
Singapore's current account balance went from 27.14% in 2007 to 15.08% in 2008, a 44.4% decrease.
Related
2007
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Full ranking 2008
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Lowest: 1974
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