Singapore - Current Account Balance 2020
17.50%
+2.12% from 2019
Singapore's current account balance was 17.50% in 2020, increased +2.12% from 15.38% in 2019. This was the 189th highest globally.
Global Ranking - 2020▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Palau | -43.43% | -42.7% |
| 2nd | Maldives | -35.75% | -37.1% |
| 3rd | Dominica | -35.24% | 7.6% |
| 4th | South Sudan | -35.05% | -630.8% |
| 5th | Curaçao | -27.18% | -52.1% |
| 6th | Montenegro | -26.19% | -81.5% |
| 7th | Mozambique | -24.99% | -54.9% |
| 8th | Sint Maarten (Dutch part) | -23.49% | -100.4% |
| 9th | Bahamas, The | -22.04% | -941.3% |
| 10th | Sudan | -21.61% | -42.3% |
| 11th | St. Lucia | -18.94% | -669.6% |
| 12th | Oman | -16.55% | -236.5% |
| 13th | Cayman Islands | -16.35% | -50.2% |
| 14th | Grenada | -16.11% | -55.9% |
| 15th | St. Vincent and the Grenadines | -15.89% | -564.8% |
| 16th | Afghanistan | -15.72% | -234.3% |
| 17th | Yemen, Republic of | -15.71% | -276.1% |
| 18th | Cabo Verde | -15.68% | -7,902.7% |
| 19th | Antigua and Barbuda | -15.57% | -139.3% |
| 20th | Bhutan | -15.51% | 19.2% |
| 21st | Fiji | -14.53% | -23.3% |
| 22nd | Malawi | -13.92% | -10.4% |
| 23rd | Niger | -13.21% | -8.5% |
| 24th | Aruba | -12.80% | -6,734.5% |
| 25th | São Tomé and Principe | -12.65% | 1.0% |
| 26th | Seychelles | -12.53% | -340.1% |
| 27th | Georgia | -12.42% | -107.3% |
| 28th | West Bank and Gaza | -12.25% | -18.0% |
| 29th | Rwanda | -12.06% | -1.4% |
| 30th | Guyana | -11.61% | 83.1% |
| 31st | Algeria | -11.03% | -26.1% |
| 32nd | Senegal | -10.85% | -37.1% |
| 33rd | St. Kitts and Nevis | -10.84% | -126.5% |
| 34th | Burundi | -10.73% | 7.3% |
| 35th | Libya | -10.20% | -252.3% |
| 36th | Botswana | -9.81% | -41.8% |
| 37th | Cyprus | -9.71% | -76.0% |
| 38th | Uganda | -9.57% | -37.8% |
| 39th | Bahrain | -9.05% | -361.2% |
| 40th | Lebanon | -8.76% | 59.7% |
| 41st | Samoa | -8.72% | -407.0% |
| 42nd | Mauritius | -8.67% | -74.2% |
| 43rd | Liberia | -8.66% | 55.9% |
| 44th | Albania | -8.63% | -15.3% |
| 45th | Central African Republic | -7.91% | -73.7% |
| 46th | Moldova | -7.69% | 18.4% |
| 47th | Kosovo | -7.01% | -23.9% |
| 48th | Mauritania | -6.97% | 33.8% |
| 49th | Ireland | -6.72% | 67.6% |
| 50th | Tonga | -6.63% | -73.4% |
| 51st | Trinidad and Tobago | -6.49% | -249.4% |
| 52nd | Greece | -6.49% | -193.4% |
| 53rd | Kazakhstan | -6.46% | -67.0% |
| 54th | Vanuatu | -6.36% | -223.1% |
| 55th | Belize | -6.25% | 19.4% |
| 56th | Tunisia | -6.01% | 25.6% |
| 57th | Lesotho | -5.89% | 7.0% |
| 58th | Sierra Leone | -5.84% | 25.1% |
| 59th | Micronesia, Federated States of | -5.80% | -136.0% |
| 60th | Jordan | -5.73% | -230.0% |
| 61st | Romania | -5.14% | -6.0% |
| 62nd | Mongolia | -5.07% | 66.7% |
| 63rd | Barbados | -4.99% | -211.9% |
| 64th | Madagascar | -4.78% | -108.8% |
| 65th | Gambia, The | -4.78% | 22.3% |
| 66th | Somalia, Fed. Rep. | -4.68% | 51.6% |
| 67th | Uzbekistan | -4.56% | 9.0% |
| 68th | Saudi Arabia | -4.52% | -204.4% |
| 69th | Türkiye | -4.22% | -318.0% |
| 70th | Armenia | -4.00% | 43.4% |
| 71st | Serbia | -3.90% | 40.7% |
| 72nd | Cameroon | -3.71% | 13.2% |
| 73rd | Egypt, Arab Republic of | -3.71% | -8.2% |
| 74th | Iraq | -3.49% | -156.7% |
| 75th | Colombia | -3.43% | 25.2% |
| 76th | Kenya | -3.27% | -46.0% |
| 77th | Côte d'Ivoire | -3.13% | -40.2% |
| 78th | Ghana | -3.05% | -36.6% |
| 79th | United Kingdom | -2.93% | -9.0% |
| 80th | North Macedonia | -2.92% | 1.9% |
| 81st | Bosnia and Herzegovina | -2.84% | -9.3% |
| 82nd | United States | -2.82% | -37.3% |
| 83rd | Estonia | -2.73% | -235.8% |
| 84th | Nigeria | -2.67% | -30.4% |
| 85th | Chad | -2.51% | 16.6% |
| 86th | Guinea-Bissau | -2.27% | 73.4% |
| 87th | Congo, Democratic Republic of | -2.25% | 29.2% |
| 88th | Tanzania | -2.21% | 3.1% |
| 89th | Qatar | -2.07% | -185.6% |
| 90th | Canada | -2.01% | -2.9% |
| 91st | France | -2.00% | -435.5% |
| 92nd | Chile | -1.95% | 62.6% |
| 93rd | Mali | -1.83% | 75.4% |
| 94th | Comoros | -1.81% | 47.6% |
| 95th | Benin | -1.75% | 55.4% |
| 96th | Iran, Islamic Republic of | -1.74% | -166.1% |
| 97th | Dominican Republic | -1.69% | -27.1% |
| 98th | Brazil | -1.64% | 52.7% |
| 99th | Solomon Islands | -1.63% | 82.8% |
| 100th | Lao PDR | -1.60% | 77.2% |
| 101st | Sri Lanka | -1.41% | 32.0% |
| 102nd | Turkmenistan | -1.35% | -139.3% |
| 103rd | Morocco | -1.13% | 67.0% |
| 104th | New Zealand | -1.08% | 62.1% |
| 105th | Jamaica | -1.05% | 41.2% |
| 106th | Costa Rica | -1.05% | 12.2% |
| 107th | Hungary | -1.03% | -61.6% |
| 108th | Cambodia | -1.00% | 87.8% |
| 109th | Equatorial Guinea | -0.84% | 88.9% |
| 110th | Croatia | -0.79% | -132.4% |
| 111th | Azerbaijan | -0.74% | -108.2% |
| 112th | Uruguay | -0.64% | -149.7% |
| 113th | Portugal | -0.63% | -180.7% |
| 114th | Gabon | -0.50% | -110.8% |
| 115th | Slovak Republic | -0.44% | 87.6% |
| 116th | Indonesia | -0.42% | 84.5% |
| 117th | Myanmar | -0.39% | 84.3% |
| 118th | Belarus | -0.29% | 85.0% |
| 119th | Togo | -0.28% | 65.1% |
| 120th | Nepal | -0.25% | 96.4% |
| 121st | Pakistan | -0.22% | 94.8% |
| 122nd | Bolivia, Plurinational State of | -0.04% | 98.9% |
| 123rd | Panama | 0.22% | 104.2% |
| 124th | Bangladesh | 0.32% | 125.0% |
| 125th | Haiti | 0.36% | 131.2% |
| 126th | Bulgaria | 0.36% | -78.1% |
| 127th | Switzerland | 0.45% | -89.1% |
| 128th | Finland | 0.53% | 484.0% |
| 129th | Argentina | 0.70% | 189.2% |
| 130th | Peru | 0.78% | 211.5% |
| 131st | Spain | 0.82% | -61.5% |
| 132nd | Belgium | 0.90% | 629.0% |
| 133rd | El Salvador | 1.11% | 363.1% |
| 134th | Norway | 1.15% | -69.8% |
| 135th | India | 1.22% | 241.3% |
| 136th | Angola | 1.48% | -72.7% |
| 137th | China | 1.66% | 135.0% |
| 138th | Czechia | 1.79% | 437.7% |
| 139th | Australia | 1.87% | 7,880.9% |
| 140th | Iceland | 1.90% | -74.3% |
| 141st | Paraguay | 1.91% | 440.7% |
| 142nd | South Africa | 2.00% | 176.9% |
| 143rd | Ecuador | 2.09% | 510.0% |
| 144th | Zimbabwe | 2.12% | -8.3% |
| 145th | Russian Federation | 2.37% | -38.8% |
| 146th | Mexico | 2.40% | 907.0% |
| 147th | Poland | 2.40% | 969.0% |
| 148th | Nauru | 2.59% | -43.6% |
| 149th | San Marino | 2.79% | 37.1% |
| 150th | Honduras | 2.85% | 208.7% |
| 151st | Japan | 2.97% | -13.9% |
| 152nd | Latvia | 3.09% | 1,898.1% |
| 153rd | Philippines | 3.20% | 495.6% |
| 154th | Austria | 3.35% | 41.1% |
| 155th | Ukraine | 3.36% | 223.0% |
| 156th | Israel | 3.74% | 32.9% |
| 157th | Nicaragua | 3.77% | -36.4% |
| 158th | Namibia | 3.91% | 321.7% |
| 159th | Italy | 3.94% | 24.7% |
| 160th | Thailand | 4.14% | -41.1% |
| 161st | Malaysia | 4.19% | 19.8% |
| 162nd | Burkina Faso | 4.19% | 228.8% |
| 163rd | Brunei Darussalam | 4.28% | -35.5% |
| 164th | Viet Nam | 4.34% | 15.6% |
| 165th | Tajikistan | 4.35% | 294.9% |
| 166th | Korea | 4.35% | 27.7% |
| 167th | Kyrgyz Republic | 4.53% | 139.5% |
| 168th | Luxembourg | 4.88% | -42.8% |
| 169th | Guatemala | 5.04% | 113.5% |
| 170th | Sweden | 5.61% | 8.1% |
| 171st | Netherlands | 5.72% | -15.8% |
| 172nd | United Arab Emirates | 5.91% | -31.3% |
| 173rd | Germany | 6.35% | -19.4% |
| 174th | Eswatini | 6.55% | 73.0% |
| 175th | Hong Kong SAR, China | 6.99% | 18.8% |
| 176th | Lithuania | 7.22% | 92.4% |
| 177th | Denmark | 7.31% | -1.8% |
| 178th | Slovenia | 7.67% | 19.0% |
| 179th | Suriname | 8.92% | 179.4% |
| 180th | Djibouti | 11.65% | -36.2% |
| 181st | Zambia | 11.79% | 2,371.9% |
| 182nd | Bermuda | 12.40% | 9.7% |
| 183rd | Congo, Republic of | 12.56% | 7.6% |
| 184th | Macao SAR, China | 13.80% | -58.9% |
| 185th | Papua New Guinea | 14.34% | -0.3% |
| 186th | Andorra | 15.53% | -13.8% |
| 187th | Malta | 16.10% | -10.1% |
| 188th | Tuvalu | 16.35% | 198.8% |
| 189th | Singapore | 17.50% | 13.8% |
| 190th | Liechtenstein | 17.67% | 10.1% |
| 191st | Guinea | 19.06% | 222.9% |
| 192nd | Kuwait | 19.84% | 56.5% |
| 193rd | Timor-Leste | 22.54% | 3.0% |
| 194th | Kiribati | 32.27% | -19.3% |
| 195th | Marshall Islands | 37.34% | 219.8% |
FAQ
What was Singapore's current account balance in 2020?▾
Singapore's current account balance in 2020 was 17.50%. This ranked 189th globally.
How did Singapore's current account balance change in 2020?▾
Singapore's current account balance increased by 13.8% in 2020 compared to 2019.
Which country had the highest current account balance in 2020?▾
Marshall Islands had the highest current account balance in 2020 at 37.34%.
What is the current account balance of Singapore in 2020?▾
The current account balance of Singapore in 2020 was 17.50%. This ranked 189th globally.
How does 2020 compare to 2019 for Singapore's current account balance?▾
Singapore's current account balance went from 15.38% in 2019 to 17.50% in 2020, a 13.8% increase.
Related
2019
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Full ranking 2020
Exports
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Peak: 2007
Lowest: 1974
Current Account Balance 1990s
Current Account Balance 2000s
Current Account Balance 2010s
Current Account Balance 2020s
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