Current account and capital flows · Singapore
Singapore Current Account
The Singapore Current Account measures money flowing between Singapore and the rest of the world: trade, income and transfers (current account), or investment in and out of the country.
- Importance
- Low
- Publié
- Quarterly
- Prochaine publication
- Devise
- SGD · Singapore dollar
- Banque centrale
- The Monetary Authority of Singapore
Derniers chiffres
La dernière publication, pour Q2, est parue le 2026-08-12 et s’est établie à S$37.08B.
| Publié | Pour | Réel | Consensus | Précédent |
|---|---|---|---|---|
| 12 Aug 2026 | Q2 | S$37.08B | – | S$40.82B ® |
| 25 May 2026 | Q1 | S$41.09B | – | S$40.24B |
| 12 Feb 2026 | Q4 | S$40.24B | – | S$28.48B ® |
| 21 Nov 2025 | Q3 | S$33.39B | – | S$35.07B ® |
| 12 Aug 2025 | Q2 | S$34.80B | – | S$36.60B ® |
| 22 May 2025 | Q1 | S$34.61B | – | S$28.81B |
| 14 Feb 2025 | Q4 | S$28.81B | – | S$33.89B ® |
Pourquoi c’est important
A current-account deficit must be financed by foreign capital, which makes a currency vulnerable when investors turn cautious; a surplus country lends to the world. Capital-flow data show whether foreigners are buying the country's bonds and shares. Tourism and remittances are large sources of foreign currency for some economies.
Mode de calcul
The balance of payments records every transaction with non-residents: goods, services, income, transfers (current account) and investment (financial account); the two mirror each other.
Current account = trade balance + primary income + secondary income
Current account + capital account + financial account ≈ 0Ce que signifient les variations
- A deficit above about 4–5% of GDP is often seen as a risk for emerging-market currencies.
- Large foreign purchases of local bonds support the currency.
Supérieur aux attentes : A larger surplus or stronger inflows than expected tend to support the Singapore dollar.
Inférieur aux attentes : A larger deficit or weaker inflows than expected tend to weigh on the Singapore dollar.
Un bref historique
Balance-of-payments accounting was standardised by the International Monetary Fund after 1945; current-account crises shaped events from the 1990s emerging-market crises to the euro debt crisis.
MAS steers the Singapore dollar's exchange rate rather than an interest rate.
Questions
What is the Singapore Current Account?
The Singapore Current Account measures money flowing between Singapore and the rest of the world: trade, income and transfers (current account), or investment in and out of the country.
What was the latest Singapore Current Account?
S$37.08B for Q2, published on 12 August 2026.
When is the next Singapore Current Account?
On Wednesday 25 November 2026 at 00:00 UTC.
Contenu éducatif uniquement, pas un conseil en investissement. Les chiffres sont les résultats publiés tels qu’enregistrés par notre calendrier ; les réactions de marché décrites sont typiques, non garanties.