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Direct Investment

Data on foreign direct investment are sourced from financial statements and records which companies file with the Accounting and Corporate Regulatory Authority (ACRA) and other government agencies, as well as the Foreign Debt and Financial Derivative Transactions Survey and Singapore’s Investment Abroad Survey.

Data

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Key Indicator - Foreign Direct Investment in Singapore
Items Unit Latest Period Latest Data % Change
(Y‑o‑Y)  1/
Previous
Period Data
% Change
(Y‑o‑Y)  2/
Foreign Direct Investment            

Foreign Direct Investment in Singapore
(Stock as at Year-End)

S$m 2024 3,130,445.8 9.5 2,858,847.9 9.3

Key Indicator - Direct Investment Abroad
Items Unit Latest Period Latest Data % Change
(Y‑o‑Y)  1/
Previous
Period Data
% Change
(Y‑o‑Y)  2/
Direct Investment Abroad            
Singapore's Direct Investment Abroad S$m 2024 1,636,217.0 7.5 1,521,443.0 2.9

Foreign Direct Investment In Singapore

Title : Foreign Direct Investment In Singapore By Source Economy (Stock As At Year-End), Annual

Millions Of Singapore Dollars

Data Items

2017
2018
2019
2020
2021
2022
2023
2024

Total

1,562,234.7
1,731,382.7
1,915,069.5
2,126,744.8
2,466,816.1
2,615,819.9
2,858,847.9
3,130,445.8

Asia

323,864.5
349,506.6
394,633.2
424,212.4
482,923.2
552,342.3
593,120.4
678,355.6

Brunei Darussalam

370.7
388.2
363
307.3
274
298.5
278.2
234.7

Cambodia

19.7
28.5
65.3
99.2
150.3
129.8
45.3
33.8

Mainland China

39,696.3
39,990.2
43,733.1
44,690
48,774.2
57,856.9
66,507.1
88,052

Hong Kong

56,212
56,590.1
70,526.2
86,610.4
92,795
97,721.8
112,508.5
111,418.2

India

22,180.7
26,262.2
26,319.7
19,405.5
21,665.4
23,681.1
28,287.6
32,739

Indonesia

4,592.6
4,543.3
4,917
5,152.4
6,974.1
12,649.8
19,337
20,643.9

Israel

Na
782.2
925.1
Na
1,835.3
2,059.2
2,374.6
2,163.5

Japan

97,742.4
115,879.4
131,125.1
139,432.4
158,215.9
177,110.8
180,620.4
196,064

Republic Of Korea

16,522.7
19,672.5
24,166.4
26,580.4
36,785
48,283.2
45,569
51,997

Lao People's Democratic Republic

48.6
35.7
42.6
78
60.5
58.2
54
50.5

Malaysia

37,623.1
38,510.8
39,374.8
43,270.1
42,915.7
45,329.3
49,306.9
49,401.2

Myanmar

492.8
374.5
408
312.7
284
261.5
167.9
-1,564.3

Philippines

4,098.9
5,743.3
6,026.6
5,939.7
6,995.7
6,645.1
6,581.3
6,710.7

Saudi Arabia

2,709.9
2,293.8
2,393.9
2,468.6
5,591.9
5,764.4
5,638.4
21,057

Taiwan

15,716.5
17,670.3
19,763.1
21,651.4
33,797.4
48,969.9
43,669.6
61,194.9

Thailand

7,960.7
8,208.1
11,380.3
12,956.7
14,640.1
17,198.7
18,607
20,604.1

Timor-Leste

0.1
-0.3
-1.2
-0.3
-0.2
-0.1
0
-0.1

United Arab Emirates

3,477.2
2,520.2
2,980.9
3,511.8
5,194.8
5,746.4
10,614.6
10,930.1

Viet Nam

512.7
445.8
447.2
475.7
240.6
206.6
-144
9.1

Europe

463,071.5
530,365.7
497,517.9
510,802.7
593,116.7
700,605.4
741,315.2
791,074.9

Austria

3,409.7
3,205.9
3,883
4,011.6
3,420
2,610.4
2,603.7
2,351

Belgium

4,499.4
8,086.6
6,821.6
9,733.2
15,190.9
14,120.2
14,176.5
3,998

Cyprus

6,529.4
7,201
9,769.6
10,161
12,752.3
15,199.2
10,778.4
8,193.8

Denmark

14,167.5
18,399.7
18,757
16,359.2
18,414.5
20,030.2
15,072.9
15,056.8

Finland

3,604.6
3,570.2
4,409.6
5,693.1
6,454.3
6,609.4
7,117.2
7,161.6

France

15,968.4
16,815.3
20,795.8
26,366.4
21,902.9
38,030.7
37,935
41,694.9

Germany

21,605.5
23,283.3
20,914.8
9,485.8
20,703.7
26,267.1
29,474
26,135.9

Ireland

26,172.1
12,000.9
25,744.5
52,671
55,982.3
18,812.2
24,348.3
60,970

Italy

1,296
1,519.9
1,967.9
2,177.2
2,199.2
2,323.3
2,389.3
2,595.2

Luxembourg

68,685.5
109,029.4
110,919.3
61,904.8
86,014.7
114,105.3
129,264.9
143,636.1

Malta

1,797.4
1,827.8
1,019
3,070.6
8,546.4
14,087.2
17,324.5
17,138.3

Netherlands

115,226.2
104,539.1
24,603.1
26,096.8
47,733.9
57,222.1
82,990.2
90,253.8

Norway

16,201.5
14,682.8
13,815.1
9,016.6
7,864.6
7,673.3
9,998.1
12,549.7

Russian Federation

9,227.7
11,739.2
14,529.6
15,840
15,295.9
13,924.5
12,187.2
10,932.4

Sweden

1,750.5
2,184.8
2,070.7
2,125.2
4,816.1
6,730.8
8,432.9
9,749

Switzerland

38,686.7
60,645.6
66,784.4
69,131.2
68,954.6
82,558.6
70,164.3
56,236.7

United Kingdom

84,896.9
87,113.5
101,955.4
124,672.4
112,988.2
151,814
152,913.6
174,338.4

North America

354,451.8
314,097.3
483,133.6
601,925.1
703,735.5
660,532.1
787,427.2
874,881.4

United States Of America

336,514.3
292,106.5
427,181.5
530,491
608,453.1
568,851.2
702,697.1
778,574.6

Canada

17,938.8
21,993.7
55,953.8
71,434.1
95,282.4
91,680.8
84,731.1
96,307.3

Oceania

22,379.3
24,809.8
22,617.6
25,601.3
23,946.4
30,134.6
36,586.9
39,416.7

Australia

16,850.2
18,356.6
16,559.5
17,086.8
16,086.6
19,561.9
25,683.2
25,767.2

New Zealand

3,172.7
2,372.9
2,260.4
1,684.6
1,300.1
1,002.3
594
579.5

South And Central America And The Caribbean

370,022.4
476,436.8
482,666.7
534,625.7
636,293.4
645,092.3
670,778.2
716,479.5

Bahamas

16,569
21,506.6
20,499.5
18,286.5
20,891.9
29,462.9
30,204.7
29,031

Bermuda

65,090.1
92,916.6
103,553
101,180.4
123,568.3
124,657.1
112,085
122,410.6

British Virgin Islands

125,049.2
129,229.5
151,097.8
165,817.2
176,535.1
181,901.6
200,391.6
202,735.1

Cayman Islands

145,203.7
213,746.4
195,897.3
237,111.6
296,704.4
287,835.9
316,701.7
345,544.2

Mexico

338.6
165.9
-0.5
-56.5
-73.8
-60.4
-207.4
-181.4

Africa

27,271.7
34,757.5
32,383.9
29,383.7
27,337
27,777.1
30,284.3
31,253.6

Mauritius

24,469.6
31,963.1
29,337.5
26,458.1
25,099
24,103.4
26,896.9
26,384

ASEAN * For 2015 and earlier: ASEAN includes Brunei Darussalam, Cambodia, Indonesia, Lao People's Democratic Republic, Malaysia, Philippines, Thailand, and Viet Nam. 2016 onwards: ASEAN includes Brunei Darussalam, Cambodia, Indonesia, Lao People's Democratic Republic, Malaysia, Philippines, Thailand, Timor-Leste, and Viet Nam.

55,720
58,277.9
63,023.5
68,591.7
72,534.8
82,777.4
94,218.1
96,108.2

European Union (EU-27) * The European Union (EU-27) comprises Austria, Belgium, Bulgaria, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain and Sweden.

285,685.5
313,052
253,169.1
241,972.9
313,880.4
347,706.1
394,983
433,144.8
SOURCE : SINGAPORE DEPARTMENT OF STATISTICS

Singapore's Direct Investment Abroad

Title : Singapore's Direct Investment Abroad By Destination Economy (Stock As At Year End), Annual

Million Dollars

Data Items

2016
2017
2018
2019
2020
2021
2022
2023

Total

862,532.4
936,561.6
927,786.5
1,093,410.8
1,185,355.5
1,331,826.3
1,470,926
1,523,321.7

Asia

458,337.6
501,794.4
513,283.7
565,084.8
615,226.6
711,766.3
756,203.2
800,583

Brunei Darussalam

176.3
187.7
192.2
97.2
88.9
88.5
100.1
94.2

Bangladesh

1,280.6
1,595.8
1,876.3
1,833.7
1,751.5
2,397.3
2,170.5
2,344.8

Cambodia

507.9
809.8
1,354.6
1,112
1,526.8
1,911.3
2,181
2,309.6

Mainland China

144,008
152,801.5
153,268.7
167,782
179,139.2
212,326.2
221,961.9
222,985.6

Hong Kong

56,397.7
61,090.5
61,204.1
58,312.2
69,218.3
76,235.4
83,009.7
86,244

India

43,785.4
56,198.9
62,721.7
68,352.4
69,751.1
88,917.5
93,432.9
109,930.2

Indonesia

68,335
72,081.9
72,300.5
73,826.3
74,768.2
78,879.6
89,914
96,676

Israel

2,618.1
2,800.9
2,935.5
3,304.8
3,293.4
5,441.4
7,914.9
6,008.9

Japan

18,610.8
19,545.9
16,116
23,251.8
28,189.9
38,326.6
35,866.9
42,064.4

Kazakhstan

424.4
571.6
479.2
587.9
741.8
1,205
1,469.7
1,812.7

Republic Of Korea

9,740.4
10,694.8
10,092.7
9,791.7
13,180
24,478.4
25,486.5
28,789.4

Lao People's Democratic Republic

501.2
549.8
604.7
704.8
726.1
865.1
955.3
1,246.5

Malaysia

45,536.3
46,814.5
49,415.1
57,244.3
60,317.9
59,089.2
63,985.8
65,475.1

Myanmar

4,781.1
7,019.2
7,955.4
8,473.3
11,649.1
9,173.8
6,561.6
6,416.4

Philippines

8,431.2
8,310.2
8,993.2
9,140.9
8,756.5
11,192.7
12,755
13,428.3

Sri Lanka

774.6
1,010.6
1,025.5
985.1
1,151.8
1,341.2
1,785.6
1,962.3

Taiwan

8,426.7
7,080
6,585
6,828.5
8,173.8
8,652
9,277.5
12,318.1

Thailand

25,511.9
27,739.3
26,789.2
35,068.2
38,330.4
41,609.2
39,989.6
40,383.9

Turkiye

872.4
1,005.9
1,979.9
1,927.5
1,969
2,856.4
2,998.4
3,472.1

United Arab Emirates

3,198.7
3,314.1
4,199.5
3,336.2
3,107.5
3,183.5
4,349.5
4,899.6

Vietnam

12,184
17,698.6
20,402.5
25,137.5
30,602.7
34,151.5
40,961.7
42,708.5

Europe

181,937.8
165,324.1
164,110.4
230,585.2
248,318.3
287,716.4
369,174.8
363,402.8

France

917.8
1,142.7
1,080.7
1,380.2
739.1
1,099.9
1,462.8
3,807.1

Germany

1,531.9
4,918
4,761.2
6,083.1
5,672.2
6,674.5
7,156.5
6,427.6

Ireland

Na
1,363.5
1,749.3
2,732.6
4,249.8
4,741.1
5,734.5
6,755.5

Italy

291.9
90.8
188.4
505.5
465.6
1,070.8
1,026.5
1,207.7

Luxembourg

60,420.7
27,291
28,523.4
39,928.1
50,696.2
59,498.9
96,335.4
108,742.5

Netherlands

26,648.3
34,375.5
47,808.3
85,311.2
85,716
99,607.3
105,896.7
89,507.5

Norway

2,695.9
1,840.2
1,705.8
1,244.9
904.8
976.1
920.9
827.3

Russian Federation

Na
19,619.2
4,906.7
7,105.9
4,900.7
6,273.4
5,673.2
4,780.9

Spain

204.3
473.5
2,932.3
3,047.8
2,518.5
2,086.8
3,793.4
4,493.3

Switzerland

6,211.7
5,381.9
5,484.5
1,621.5
1,829
3,807.3
3,889.7
4,012.1

United Kingdom

46,653.8
57,921.5
55,226.2
65,823.8
70,360.6
79,072.1
111,304.7
105,125.8

North America

32,176.1
28,989.4
38,086.3
43,572.6
45,201.3
49,009.8
55,763.8
60,516.1

United States Of America

31,909.2
28,508.6
36,767.5
42,175.1
43,933.9
48,075.9
53,315.8
57,538.5

Canada

266.9
480.8
1,318.8
1,397.4
1,267.4
933.9
2,448
2,977.6

Oceania

56,460.5
61,428.6
63,997.8
65,058.6
67,370.3
69,974.6
83,545.4
86,414.9

Australia

51,882.4
56,677.3
59,180.2
58,145.7
59,730.8
61,955.3
71,539.5
72,747.1

New Zealand

2,365.9
2,685.4
3,003.8
4,703.8
4,767.2
5,015.3
6,895.8
8,203

South And Central America And The Caribbean

107,607.3
151,725.8
118,589.7
159,381.7
179,000.4
179,191.6
177,102.5
185,548.8

British Virgin Islands

41,417.9
39,735.4
40,243.9
39,307.2
38,862.1
40,850.4
41,501.3
44,947.3

Bermuda

14,975.9
12,365.9
12,025.3
24,769.8
42,849.9
41,233.9
34,415.7
33,992.9

Brazil

1,717.9
1,733.3
1,642.6
2,088.1
2,620
3,778.2
4,019.8
11,012.6

Cayman Islands

42,245.4
82,570.3
49,354.3
69,679.4
69,088
68,130
74,529.8
73,291.5

Peru

1,361.5
1,521.2
1,490.4
1,597.7
2,114.8
2,356.1
2,485.8
2,493.6

Mexico

1,353.9
1,476.7
1,472.8
1,562.6
1,566.7
1,791.1
2,195.4
2,974.8

Africa

26,013.2
27,299.3
29,718.7
29,727.9
30,238.7
34,167.6
29,136.3
26,856.1

Mauritius

18,152.4
18,257.2
19,972
18,960.4
18,827.4
20,558.1
18,753.4
17,756.3

Nigeria

2,571.6
2,718.7
3,307.1
3,480.6
4,146.7
5,389
3,985
3,943

South Africa

286.8
361.8
569.9
756.7
846.6
1,351.2
1,509
1,415.5

ASEAN * ASEAN includes Brunei Darussalam, Cambodia, Indonesia, Lao People's Democratic Republic, Malaysia, Myanmar, Philippines, Thailand and Vietnam.

165,964.9
181,210.9
188,007.3
210,804.5
226,766.5
236,960.9
257,404.1
268,738.4

European Union (EU-27) * The European Union (EU-27) comprises Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovak Republic, Slovenia, Spain and Sweden.

97,588.6
75,744.8
93,150.6
148,600.5
161,797.6
185,127.5
232,579.2
234,607.4
SOURCE : SINGAPORE DEPARTMENT OF STATISTICS

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Understanding Foreign Direct Investment

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Investment Commitments

Investment commitments refer to investment projects attracted by the Economic Development Board in terms of fixed assets which companies commit to invest in Singapore. Projects are only recorded as commitments if the company has made a firm undertaking to implement the project.

Data

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View latest data:

Key Indicators
Items Unit Latest Period Latest Data % Change
(Y‑o‑Y) 1/
Previous
Period Data
% Change
(Y‑o‑Y) 2/
Investment Commitments            
Investment Commitments in Manufacturing & Services (Fixed Assets Investments) S$m 2025 14,159.2 na 13,451.2 na
Foreign Investments S$m 2025 13,483.1 na 11,889.6 na

Investment Commitments

Title : Investment Commitments In Manufacturing And Services (Fixed Assets Investments) By Industry, Annual

Million Dollars

Data Items

2017
2018
2019
2020
2021
2022
2023
2024

Total

9,449.1
10,873.3
15,184.4
17,170.6
11,795.8
22,489.8
12,659.6
13,451.3

Manufacturing

6,200.6
5,304.4
10,884.2
13,060.1
8,485.7
17,371.6
8,701.4
11,083.2

Food, Beverage & Tobacco

-
152.8
339.5
97.2
251.7
436.7
39.8
7.4

Petroleum & Chemical Products

1,316.9
201.1
4,873.6
4,083.6
979.9
862.2
4,502.8
366.4

Pharmaceutical & Biological Products

439.5
652.1
123.4
245.3
968
283.1
798.4
2,114.2

Rubber & Plastic Products

-
-
-
-
11.8
-
29.6
20.2

Fabricated Metal Products

93
53.2
56.7
-
5.9
47.5
77.3
39.5

Machinery & Equipment

502.2
131.1
292.2
-
1
-
0
374.3

Computers, Electronic & Optical Products

2,263.7
3,095.1
4,670.6
6,736.3
5,095.8
15,015.2
3,111.5
7,894

Transport Equipment

238
666.9
296.2
1,256.3
367.2
166.4
44.3
41.8

Other Manufacturing Industries

1,347.3
352.1
232
641.5
804.5
560.6
97.7
225.5

Services Industries

3,248.5
5,568.9
4,300.2
4,110.4
3,310.1
5,118.2
3,958.2
2,368.1
SOURCE : ECONOMIC DEVELOPMENT BOARD

Definitions

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Investment Commitments
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