Least developed countries vs Singapore: Net acquisition of financial assets
Net acquisition of financial assets over time
- Least developed countries
- Singapore
How they compare
Singapore currently reports 12.2% against 1.6% in Least developed countries, a difference of 10.6%.
That makes Singapore's figure about 7.6 times Least developed countries's.
Across all 11 years both countries report, Singapore has been ahead every year.
Least developed countries ranks 4th 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 | Least developed countries | Singapore | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 1.9% | 14.6% | 12.8% | Singapore |
| 2020s | 1.0% | 10.6% | 9.6% | Singapore |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net acquisition of financial assets, Least developed countries or Singapore?
- Singapore, at 12.2% against 1.6% in Least developed countries as of 2024.
- What is the difference in net acquisition of financial assets between Least developed countries and Singapore?
- 10.6%, with Singapore ahead.
- How many years of comparable data are there for Least developed countries and Singapore?
- 11 years are reported by both, from 2010 to 2021.
- How do Least developed countries and Singapore rank globally for net acquisition of financial assets?
- Least developed countries ranks 4th 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.