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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
SingaporeSingapore Current Account climbed to 41.09B in January 2026
FMPMonthlyReleased May 2026
Singapore Current Account climbed to 41.09B in January 2026, released May 2026, up 0.85B from December's 40.24B reading. The print exceeded the 36B consensus by 5.09B. Current Account has now risen for 3 consecutive months. Current Account is now the highest in 100 months.
Latest Release
41.09
Actual
36
Consensus
40.24
Previous
Median Absolute Error
±2.51 billion
across last 9 releases
Last Call
May 2026
Predicted: 36
Actual: 41.09
Error: -5.09
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| USD/SGD | ▼ Inverse | −0.50 | FOREX | Bullish SGD | → View |
| AUD/USD | ▲ Direct | +0.35 | FOREX | Watch | → View |
| EUR/USD | ▲ Direct | +0.30 | FOREX | Watch | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Watch | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Current Account (Singapore) was reported at 41.09 billion in May 2026. This beat the market consensus of 36.00 billion by 5.09 billion. The reading rose from the previous value of 40.24 billion. Trailing 12-month context per ETL data through May 2026.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 38.24 billion, up from the prior three at 32.74 billion. In May readings over the past 3 years, Current Account has averaged 37.63 billion.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with USD/SGD (Bullish SGD). A secondary relationship exists with AUD/USD, positively correlated (Watch). Over the last 9 releases, the Sigmacast model's median absolute error is 2.51 billion.
WHAT TO WATCH NEXT
Same-country events in the next 14 days include CPI YoY (Jun 23).
Auto-generated from current model state · Refreshes on each release · Last update May 2026.
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Current Account - SG
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About Current Account — Singapore
DEFINITION
The Current Account is a financial indicator that measures a country's trade balance, including the value of goods and services exported and imported, as well as income received and payments made to other countries. It provides insight into a nation's economic health and its ability to pay for imports and service its debt. A positive current account balance indicates a surplus, while a negative balance indicates a deficit. This indicator is closely monitored by investors, policymakers, and economists as it can impact a country's currency value and overall economic stability.
WHY THIS INDICATOR MATTERS
Trade-balance and tariff data inform exchange-rate fundamentals and feed directly into GDP via the net-exports channel. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jan 2026): actual 41.09 M, consensus 36 M. Prior reading (Oct 2025): 40.24 M. Before that (Jul 2025): 33.39 M.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with USD/SGD (Bullish SGD, r=-0.50) — a useful reference for forex-focused traders.