Sunday, 5 April 2020

How Rich is Singapore? Our reserves!

Source: www.mas.gov.sg



NETT SGD 275 BILLIONS 

(AS OF END FEB 2020)




Personally, I think the International reserves is better way of measuring Singapore wealth, since SGD is not an international currency.


International Reserves and Foreign Currency Liquidity

Singapore's Official Foreign Reserves according to the IMF's Data Template on International Reserves and Foreign Currency Liquidity.

The following tables provide data on Singapore's Official Foreign Reserves according to the IMF's Data Template on International Reserves and Foreign Currency Liquidity.  The data template is a prescribed category of the IMF's Special Data Dissemination Standard (SDDS), to which Singapore has been a subscribing member since the SDDS was established in 1996.  It integrates the concepts of international reserves and foreign currency liquidity by including both balance-sheet data and off-balance-sheet information on a country's external assets.  It also notes future and potential inflows and outflows of foreign exchange associated with the balance-sheet and off-balance-sheet positions.


USD 280 Billions






























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