Singapore: Foreign exchange reserves

* indicates monthly or quarterly data series
 Singapore

Foreign exchange reserves, billion currency units

 Latest value 503.71
 Reference June 2024
 Measure billion Singapore Dollar
 Data availability January 1972 - June 2024
 Average 162.18
 Min - Max 4.17 - 579.15
 Source Monetary Authority of Singapore
For that indicator, we provide data for Singapore from January 1972 to June 2024. The average value for Singapore during that period was 162.18 billion Singapore Dollar with a minimum of 4.17 billion Singapore Dollar in January 1972 and a maximum of 579.15 billion Singapore Dollar in February 2022. Click on the following link to see the values of Foreign exchange reserves, billion currency units around the world.
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* indicates monthly or quarterly data series


Recent values chart
Singapore - Foreign exchange reserves - recent values

Historical chart
Singapore - Foreign exchange reserves - historical chart - 1972-2024
Measure: billion Singapore Dollar
Source: Monetary Authority of Singapore


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Definition: Foreign exchange reserves consist of foreign currency, deposits denominated in foreign currency, Monetary Gold, Special Drawing Rights (SDRs) and Reserve position in the International Monetary Fund (IMF). Foreign exchange reserves are held by monetary authorities to finance trade imbalances, check the impact of foreign exchange fluctuations and address other issues under the purview of the central bank.

 Related indicators Latest value Reference Measure
 Terms of trade 93.61 2021 percent
 Trade openness 355.58 2022 percent
 Financial openness 2.299 2021 index points
 Exports, percent of GDP 186.55 2022 percent
 Exports, billion dollars 873.99 2023 billion U.S. dollars
 Growth of exports -1.30 2022 percent
 Imports, percent of GDP 150.31 2022 percent
 Imports, billion dollars 686.66 2023 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 30.17 2022 percent
 Foreign Direct Investment, billion dollars 148.76 2022 billion U.S. dollars
 Portfolio investment inflows, equities 7,025.20 2023 million dollars (current)
 Current account, percent of GDP 19.77 2023 percent
 Current account, in dollars 99.13 2023 billion U.S. dollars
 Trade balance, percent of GDP 36.24 2022 percent
 Trade balance, in dollars 187.33 2023 billion U.S. dollars
 Reserves 296.63 2022 billion U.S. dollars
 Remittances, percent of GDP 0.00 2022 percent
 Remittances 0.00 2022 million U.S. dollars
 Net errors and omissions -2,758.71 2023 million USD
 Foreign exchange reserves 460.50 9/2023 billion
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