Latin America & Caribbean (excluding high income) vs Singapore: Net acquisition of financial assets
Net acquisition of financial assets over time
- Latin America & Caribbean (excluding high income)
- Singapore
How they compare
Singapore currently reports 12.2% against 1.6% in Latin America & Caribbean (excluding high income), a difference of 10.6%.
That makes Singapore's figure about 7.4 times Latin America & Caribbean (excluding high income)'s.
Across all 15 years both countries report, Singapore has been ahead every year.
Latin America & Caribbean (excluding high income) ranks 3rd and Singapore ranks 2nd of 17 groups.
Singapore has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Latin America & Caribbean (excluding high income) | Singapore | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 0.8% | 15.1% | 14.3% | Singapore |
| 2020s | 0.4% | 10.3% | 10.0% | Singapore |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net acquisition of financial assets, Latin America & Caribbean (excluding high income) or Singapore?
- Singapore, at 12.2% against 1.6% in Latin America & Caribbean (excluding high income) as of 2024.
- What is the difference in net acquisition of financial assets between Latin America & Caribbean (excluding high income) and Singapore?
- 10.6%, with Singapore ahead.
- How many years of comparable data are there for Latin America & Caribbean (excluding high income) and Singapore?
- 15 years are reported by both, from 2010 to 2024.
- How do Latin America & Caribbean (excluding high income) and Singapore rank globally for net acquisition of financial assets?
- Latin America & Caribbean (excluding high income) ranks 3rd and Singapore ranks 2nd of 17 groups.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net acquisition of financial assets (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Net acquisition of government financial assets includes domestic and foreign financial claims, SDRs, and gold bullion held by monetary authorities as a reserve asset. The net acquisition of financial assets should be offset by the net incurrence of liabilities. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.