Financial account balance (assets less liabilities), Net (net) in Singapore
Singapore: Financial account balance (assets less liabilities), Net (net) was 95.61 billion in 2024. ▲ Rising
Financial account balance (assets less liabilities), Net (net) in Singapore, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, financial account balance (assets less liabilities), net (net) in Singapore stood at 95.61 billion. That is the highest value across all 20 years on record.
The figure is up 5.8% on the previous year and up 76.7% over ten years.
Over the whole period, financial account balance (assets less liabilities), net (net) in Singapore peaked at 95.61 billion in 2024 and was at its lowest, 26.29 billion, in 2008.
That places Singapore 6th 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.
Financial account balance (assets less liabilities), Net (net) in Singapore, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 27.89 billion | — |
| 2006 | 33.86 billion | +21.4% |
| 2007 | 47.87 billion | +41.4% |
| 2008 | 26.29 billion | -45.1% |
| 2009 | 34.20 billion | +30.1% |
| 2010 | 59.64 billion | +74.4% |
| 2011 | 62.30 billion | +4.5% |
| 2012 | 50.55 billion | -18.9% |
| 2013 | 50.21 billion | -0.7% |
| 2014 | 54.11 billion | +7.8% |
| 2015 | 53.46 billion | -1.2% |
| 2016 | 57.37 billion | +7.3% |
| 2017 | 61.73 billion | +7.6% |
| 2018 | 58.47 billion | -5.3% |
| 2019 | 59.58 billion | +1.9% |
| 2020 | 62.04 billion | +4.1% |
| 2021 | 87.06 billion | +40.3% |
| 2022 | 95.59 billion | +9.8% |
| 2023 | 90.36 billion | -5.5% |
| 2024 | 95.61 billion | +5.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 34.02 billion | 26.29 billion | 47.87 billion | 5 |
| 2010s | 56.74 billion | 50.21 billion | 62.30 billion | 10 |
| 2020s | 86.13 billion | 62.04 billion | 95.61 billion | 5 |
Countries ranked near Singapore
- 3 Japan 170.41 billion compare
- 4 Russian Federation 124.06 billion compare
- 5 Netherlands 104.35 billion compare
- 7 Republic of Korea 95.21 billion compare
- 8 Taiwan, China 93.22 billion compare
- 9 Spain 90.59 billion compare
More external debt data for Singapore
- Other investment, Debt instruments 1.82 trillion US dollar (2025)
- Other investment, Debt instruments (Assets, Positions, US dollar) 15.61 % change on previous year (2025)
- Other investment, Debt instruments, Deposit taking corporations 31.28 billion US dollar (1993)
- Other investment, Debt instruments (Assets, Positions, US dollar) 298,572 US dollar per person (2025)
- Other investment, Debt instruments (Assets, Positions, US dollar) 3.02 US dollar per US$ of GDP (2025)
- Net lending (+) / net borrowing (-), General government, Percent of 1.94 (2030)
- Other investment, Debt instruments, Deposit taking corporations -0.3771 % change on previous year (1993)
- Other investment, Debt instruments, Deposit taking corporations 9,440 US dollar per person (1993)
- Other investment, Debt instruments, Deposit taking corporations 0.5161 US dollar per US$ of GDP (1993)
- Other investment, Debt instruments, Other sectors 1.67 billion US dollar (1993)
Frequently asked questions
- What is financial account balance (assets less liabilities), net (net) in Singapore?
- Financial account balance (assets less liabilities), net (net) in Singapore was 95.61 billion in 2024, according to International Monetary Fund.
- What is the highest financial account balance (assets less liabilities), net (net) recorded in Singapore?
- The highest recorded value was 95.61 billion in 2024.
- What is the lowest financial account balance (assets less liabilities), net (net) recorded in Singapore?
- The lowest recorded value was 26.29 billion in 2008.
- How does Singapore rank for financial account balance (assets less liabilities), net (net)?
- Singapore ranks 6th out of 197 countries with data for 2024.
- Is financial account balance (assets less liabilities), net (net) rising or falling in Singapore?
- Over the last ten years it is up 76.7%. 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 Financial account balance (assets less liabilities), Net (net acquisition of financial assets less net incurrence of liabilities), Adjusted using IMF accounting records (US dollar). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
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.