Overview
Singapore's balance of payments (BOP) is a statement that summarises the economic transactions between Singapore residents and non-residents. These transactions occur during a specific time period. It consists of the current account, and the capital and financial account.
The international investment position (IIP) is a statistical statement that shows the value and composition of cross border financial assets and liabilities of residents of an economy at a point in time. Financial assets and liabilities comprise mainly three broad categories (1) equity and investment fund shares, (2) debt instruments, and (3) other financial assets and liabilities such as financial derivatives.
The net IIP is the difference between its external financial assets and liabilities. The sum of the net IIP with the value of non-financial assets reflects the net worth of an economy.
External debt is defined as the outstanding amount of current (and not contingent) debt liabilities owed to non-residents by residents of an economy at a point in time
Other subjects in this theme
Related Information
Overview of the compilation methodology and key findings of the Singapore’s Balance of Payments Services Account by the different Modes of Supply set out in the WTO’s General Agreement on Trade in Services (GATS).
Overview of Singapore's portfolio investment assets, key trends, composition by financial instrument and destination, and comparison with selected economies.
Examines the impact of COVID-19 on Singapore’s Balance of Payments in comparison to SARS (2003) and the Global Financial Crisis (2007–2009).
Latest changes and updates to Singapore’s BOP current account, including goods for processing and international services trade statistics enhancements based on BPM6 recommendations.
Overview of the major improvements arising from the adoption of EBOPS and the analysis of key trends and composition in selected major services categories at the detailed EBOPS levels.
Latest developments, major data dissemination improvements, and methodological changes to Singapore’s international accounts since the implementation of BPM6 standards and recommendations.
Overview of the main changes with the implementation of IMF’s BPM6 and analyses major accounts and aggregates in the new presentational format.
Explains the conceptual framework and DOS's methodology for compiling financial derivatives and analyses Singapore’s gross asset and liability positions in cross-border financial derivatives.
Conceptual overview of BOP framework, major changes from IMF’s BPM6 implementation, and impact analysis on Singapore’s BOP in the new format.
Overview of the global stock of portfolio investment and rankings in 2008, Singapore’s portfolio investment assets and liabilities and a comparison with selected economies.
Discusses the reasons for the occurrence of discrepancies in bilateral trade statistics and compares data reported by Hong Kong, Singapore, and their key trading partners.
Overview of the developments and improvements to Singapore’s external accounts.
Discusses methodological improvements, conceptual revisions accompanying the incorporation of data from DOS’s International Trade in Services (TIS) Survey into the BOP, and introduces a new reporting format for the BOP services account.
Explains the concepts, definitions and data sources for compiling Singapore’s external debt statistics.
Discusses the issues and methodology of compiling Singapore's external debt statistics, and presents the estimates of Singapore's gross external debt position.
Reviews the major features of the 5th edition of the Balance of Payments Manual (BPM5) and presents Singapore’s Balance of Payments in the BPM5 format.
External resources
- Economic Survey of Singapore
Find out more about the Singapore economy in Economic Survey of Singapore, feature articles and key economic indicators.
- Metadata for Balance of Payments
Singapore’s Balance of Payments dissemination practices meet the IMF’s Special Data Dissemination Standard (SDDS) requirements.
- Metadata for International Investment Position
Singapore's International Investment Position dissemination practices meet the IMF's Special Data Dissemination Standard (SDDS) requirements.
- Metadata for External Debt
Singapore’s External Debt statistics’ dissemination practices meet the IMF’s Special Data Dissemination Standard (SDDS) requirements.