Key Highlights
Singapore’s net asset position in the IIP rose 5.2% quarter-on-quarter from $1,499 billion to $1,577 billion as at end 2Q 2026. This was due to a larger increase in external assets compared to that of external liabilities.
As at end 2Q 2026, portfolio investment and other investment registered net asset positions of $2,376 billion and $148 billion respectively. Reserve assets stood at $551 billion. In contrast, direct investment and financial derivatives registered net liability positions of $1,476 billion and $23 billion respectively.
About the International Investment Position
The International Investment Position (IIP) provides a snapshot of the financial assets and liabilities that residents of an economy have with the rest of the world. The net IIP, which is the difference between an economy’s external financial assets and liabilities, reflects an economy’s state of financial stability and net external wealth.
The analysis of the IIP is important to Singapore given its status as an international financial centre and trading hub. Singapore has been registering net asset positions in the IIP (i.e., net positive IIP), with consistently higher external assets over external liabilities, making it a net creditor country to the rest of the world.
External assets and liabilities comprise various functional categories, namely: direct investment, portfolio investment, financial derivatives, other investment and reserve assets (external assets only).