Singapore - Conto Corrente

Singapore's current account surplus declined to SGD 21.50 billion in the second quarter of 2019 from SGD 24.53 billion in the same period of 2018. The goods surplus dropped to SGD 33.07 billion in the second quarter 2019 from SGD 34.81 billion in Q2 2018 while the deficit of both services account (SGD 1.07 billion from SGD 0.48 billion in Q2 2018) and the primary income (SGD 8.15 billion from SGD 7.32 billion) widened. On the other hand, the secondary income deficit inched down to SGD 2.35 billion from SGD 2.47 billion in Q2 2018.

Singapore's current account surplus edged down to SGD 20.30 billion in the first quarter of 2019 from SGD 20.49 billion in the same period of 2018. The goods surplus inched down to SGD 31.22 billion in the first quarter 2019 from SGD 31.43 billion in Q1 2018 while the services deficit increased to SGD 0.57 billion from SGD 0.28 billion in Q1 2018. On the other hand, the primary income deficit fell slightly to SGD 8.27 billion from SGD 8.43 billion a year ago and the secondary income gap inched down to SGD 2.09 billion from SGD 2.23 billion in Q1 2018.

Singapore's current account surplus increased to SGD 17.80 billion in the fourth quarter of 2018 from SGD 16.07 billion in the same period of 2017. The goods surplus went up to SGD 32.39 billion in the fourth quarter 2018 from SGD 30.40 billion in the same period of 2017 while the services deficit declined to SGD 2.11 billion from SGD 3.78 billion in Q4 2017. On the other hand, the primary income deficit rose to SGD 10.34 billion from SGD 8.63 billion a year ago and the secondary income gap inched up to SGD 2.14 billion from SGD 1.92 billion.