Items Unit Latest Period Latest Data % Change
(Y‑o‑Y) 1/
Previous
Period Data
% Change
(Y‑o‑Y) 2/
Balance of Payments            
Balance of Payments S$m 1Q 2025 6,997.8 na -11,230.7 na
Current Account Balance S$m 1Q 2025 34,608.5 na 28,814.1 na

Exports of Goods and Services

S$m 1Q 2025 325,385.1 3.6 338,195.8 5.2

Imports of Goods and Services

S$m 1Q 2025 265,064.1 4.4 274,450.4 7.9

Primary Income Balance

S$m 1Q 2025 -23,104.5 na -32,453.2 na

Secondary Income Balance

S$m 1Q 2025 -2,608.0 na -2,478.1 na
Capital and Financial Account Balance 3/ S$m 1Q 2025 26,485.1 na 39,070.5 na
Reserve Assets S$m 1Q 2025 6,997.8 na -11,230.7 na
Official Foreign Reserves US$m May-25 401,729.7 8.4 389,229.3 6.1

Data are preliminary when first released.
na not available or not applicable
1 Refers to % change in latest period over the same period in the previous year.
2 Refers to % change in the previous period over the same period in the previous year.
3 Decrease in assets and liabilities, and net inflows in net balances, are indicated by a minus [-] sign).