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Asian Development Outlook 2009 Update

Asian Development Outlook 2009 Update: Singapore

The current account surplus fell to $9.0 billion in the first half of 2009, from $14.7 billion a year earlier, a result of reduced surpluses in both goods and services trade. For the whole year, a still-large current account surplus equivalent to 10.0% of GDP is expected, rising to 14.0% in 2010 in tandem with the improvement in trade in goods and services.

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Singapore and ADB

Singapore is ADB's 29th largest shareholder. It has contributed $190.05 million in capital subscription and $10.44 million to special funds since joining in 1966.

Learn more about ADB's partnership with Singapore [ PDF ]

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