Total current account credit/revenue, Credit/Revenue in Singapore

Singapore: Total current account credit/revenue, Credit/Revenue was 1.21 trillion in 2024. ▲ Rising

Latest (2024)
1.21 trillion
Change on year
up 8.7%
World rank
8th
of 197 countries
All-time high
1.21 trillion
in 2024
All-time low
321.31 billion
in 2005
Years of data
20
2005–2024

Total current account credit/revenue, Credit/Revenue in Singapore, 2005–2024

400.0B600.0B800.0B1.0T1.2T2005201420242005: 321.3B2006: 384.1B2007: 447.8B2008: 496.9B2009: 423.9B2010: 543.6B2011: 641.1B2012: 653.8B2013: 677.7B2014: 685.3B2015: 631.0B2016: 615.6B2017: 703.4B2018: 798.7B2019: 796.4B2020: 764.5B2021: 978.2B2022: 1.1T2023: 1.1T2024: 1.2T

Source: International Monetary Fund.

Analysis

The most recent figure for total current account credit/revenue, credit/revenue in Singapore is 1.21 trillion, measured in 2024. That is the highest value across all 20 years on record.

Compared with earlier readings it is up 8.7% on the previous year and up 76.3% over ten years.

Over the whole period, total current account credit/revenue, credit/revenue in Singapore peaked at 1.21 trillion in 2024 and was at its lowest, 321.31 billion, in 2005.

That places Singapore 8th out of 197 countries with data for 2024, putting it in the top 10%.

The long-run direction has been consistently rising across the 20 years of available data.

Total current account credit/revenue, Credit/Revenue in Singapore, year by year

Annual values for Total current account credit/revenue, Credit/Revenue (US dollar) in Singapore, 2005 to 2024.
Year Value Change
2005 321.31 billion
2006 384.11 billion +19.5%
2007 447.82 billion +16.6%
2008 496.92 billion +11.0%
2009 423.91 billion -14.7%
2010 543.60 billion +28.2%
2011 641.13 billion +17.9%
2012 653.85 billion +2.0%
2013 677.70 billion +3.6%
2014 685.34 billion +1.1%
2015 630.96 billion -7.9%
2016 615.56 billion -2.4%
2017 703.38 billion +14.3%
2018 798.69 billion +13.6%
2019 796.37 billion -0.3%
2020 764.47 billion -4.0%
2021 978.21 billion +28.0%
2022 1.13 trillion +15.9%
2023 1.11 trillion -1.9%
2024 1.21 trillion +8.7%

Averages by decade

DecadeAverage LowestHighest Years
2000s 414.81 billion 321.31 billion 496.92 billion 5
2010s 674.66 billion 543.60 billion 798.69 billion 10
2020s 1.04 trillion 764.47 billion 1.21 trillion 5

Countries ranked near Singapore

  1. 5 France 1.54 trillion compare
  2. 6 Netherlands 1.44 trillion compare
  3. 7 Japan 1.40 trillion compare
  4. 9 Ireland 1.20 trillion compare
  5. 10 Hong Kong, China 1.02 trillion compare
  6. 11 India 1.01 trillion compare

See the full ranking of 206 places →

More financial sector data for Singapore

All data for Singapore →

Frequently asked questions

What is total current account credit/revenue, credit/revenue in Singapore?
Total current account credit/revenue, credit/revenue in Singapore was 1.21 trillion in 2024, according to International Monetary Fund.
What is the highest total current account credit/revenue, credit/revenue recorded in Singapore?
The highest recorded value was 1.21 trillion in 2024.
What is the lowest total current account credit/revenue, credit/revenue recorded in Singapore?
The lowest recorded value was 321.31 billion in 2005.
How does Singapore rank for total current account credit/revenue, credit/revenue?
Singapore ranks 8th out of 197 countries with data for 2024.
Is total current account credit/revenue, credit/revenue rising or falling in Singapore?
Over the last ten years it is up 76.3%. 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 credit/revenue, Credit/Revenue (US dollar). Statizoid updates them automatically from the source API.

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Total current account credit/revenue, Credit/Revenue in Singapore. Statizoid, drawing on International Monetary Fund. Retrieved 08 September 2026, from https://financial-sector.statizoid.com/stat/total-current-account-credit-revenue-credit-revenue-us-dollar/singapore/

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About this data

Indicator
Total current account credit/revenue, Credit/Revenue (US dollar)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
206 places, 3,849 data points, 2005–2024
Last refreshed

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.