Singapore vs Western Hemisphere: Current account balance (credit less debit), Net (credits less debits)
Singapore
96.02 billion
in 2024
Western Hemisphere
-70.88 billion
in 2024
Singapore rank
8th
Western Hemisphere rank
9th
Current account balance (credit less debit), Net (credits less debits) over time
- Singapore
- Western Hemisphere
How they compare
Singapore currently reports 96.02 billion against -70.88 billion in Western Hemisphere, a difference of 166.89 billion.
That makes Singapore's figure about 1.4 times Western Hemisphere's.
The two have swapped places 1 time across 20 shared years of data; in 2005 it was Western Hemisphere ahead.
Singapore ranks 8th and Western Hemisphere ranks 9th of 198 countries.
Singapore has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Singapore | Western Hemisphere | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 35.97 billion | 1.49 billion | 34.48 billion | Singapore |
| 2010s | 57.01 billion | -141.39 billion | 198.40 billion | Singapore |
| 2020s | 85.35 billion | -75.16 billion | 160.50 billion | Singapore |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance (credit less debit), net (credits less debits), Singapore or Western Hemisphere?
- Singapore, at 96.02 billion against -70.88 billion in Western Hemisphere as of 2024.
- What is the difference in current account balance (credit less debit), net (credits less debits) between Singapore and Western Hemisphere?
- 166.89 billion, with Singapore ahead.
- How many years of comparable data are there for Singapore and Western Hemisphere?
- 20 years are reported by both, from 2005 to 2024.
- How do Singapore and Western Hemisphere rank globally for current account balance (credit less debit), net (credits less debits)?
- Singapore ranks 8th and Western Hemisphere ranks 9th of 198 countries.
- Where does this data come from?
- International Monetary Fund, published as Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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.