Net acquisition of financial assets (% of GDP) in Singapore
Singapore: Net acquisition of financial assets (% of GDP) was 12.2% in 2024. ▼ Falling
Net acquisition of financial assets in Singapore, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2024, net acquisition of financial assets in Singapore stood at 12.2%.
The figure is down 17.1% on the previous year and up 12.9% over ten years.
Over the whole period, net acquisition of financial assets in Singapore peaked at 29.1% in 1998 and was at its lowest, 3.5%, in 2022.
Singapore ranks 2nd of 134 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 35 years of available data.
Net acquisition of financial assets (% of GDP) in Singapore, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 22.7% | — |
| 1991 | 18.4% | -18.9% |
| 1992 | 21.0% | +14.2% |
| 1993 | 24.9% | +18.5% |
| 1994 | 23.2% | -7.1% |
| 1995 | 28.9% | +24.9% |
| 1996 | 24.2% | -16.2% |
| 1997 | 27.4% | +12.9% |
| 1998 | 29.1% | +6.2% |
| 1999 | 22.4% | -23.0% |
| 2000 | 18.7% | -16.3% |
| 2001 | 12.9% | -31.2% |
| 2002 | 10.8% | -16.3% |
| 2003 | 10.0% | -6.9% |
| 2004 | 12.5% | +24.4% |
| 2005 | 12.0% | -4.1% |
| 2006 | 9.9% | -17.0% |
| 2007 | 23.2% | +133.4% |
| 2008 | 15.1% | -35.0% |
| 2009 | 14.4% | -4.5% |
| 2010 | 17.0% | +18.3% |
| 2011 | 19.5% | +14.1% |
| 2012 | 16.4% | -15.5% |
| 2013 | 4.2% | -74.5% |
| 2014 | 10.8% | +157.4% |
| 2015 | 13.7% | +26.9% |
| 2016 | 14.8% | +8.0% |
| 2017 | 15.4% | +4.4% |
| 2018 | 13.6% | -12.1% |
| 2019 | 25.7% | +89.9% |
| 2020 | 7.9% | -69.4% |
| 2021 | 13.4% | +70.7% |
| 2022 | 3.5% | -73.6% |
| 2023 | 14.7% | +314.4% |
| 2024 | 12.2% | -17.1% |
Singapore compared with similar countries
- Singapore's 12.2% is above the median for high income countries, which is 1.4%, 8.8× the median. (39 countries reporting)
- Singapore's 12.2% is above the median for East Asia & Pacific, which is 1.9%, 6.3× the median. (25 countries reporting)
Biggest year-on-year movements
Years where Net acquisition of financial assets (% of GDP) in Singapore changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2023 | +314.4% | 3.5% | 14.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 24.2% | 18.4% | 29.1% | 10 |
| 2000s | 14.0% | 9.9% | 23.2% | 10 |
| 2010s | 15.1% | 4.2% | 25.7% | 10 |
| 2020s | 10.3% | 3.5% | 14.7% | 5 |
Countries ranked near Singapore
- 1 Nauru 30.7% compare
- 3 Palau 10.8% compare
- 4 Micronesia (country) 8.4% compare
- 5 San Marino 7.8% compare
More public sector data for Singapore
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 57.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 57.65 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0006 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -27.95 % change on previous year (2024)
Frequently asked questions
- What is net acquisition of financial assets in Singapore?
- Net acquisition of financial assets in Singapore was 12.2% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net acquisition of financial assets recorded in Singapore?
- The highest recorded value was 29.1% in 1998.
- What is the lowest net acquisition of financial assets recorded in Singapore?
- The lowest recorded value was 3.5% in 2022.
- How does Singapore rank for net acquisition of financial assets?
- Singapore ranks 2nd out of 134 countries with data for 2024.
- Is net acquisition of financial assets rising or falling in Singapore?
- Over the last ten years it is up 12.9%. The long-run trend across the full record is falling.
- Where does this Singapore data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net acquisition of financial assets (% of GDP). Statizoid updates them automatically from the source API.
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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.