Iceland vs Singapore: Net foreign assets

Iceland
397.39 billion current LCU
in 2025
Singapore
407.83 billion current LCU
in 2020
Iceland rank
82nd
Singapore rank
81st

Net foreign assets over time

  • Iceland
  • Singapore
-1.5T-1.0T-500.0B0500.0B1.0T196019922025

How they compare

Singapore currently reports 407.83 billion current LCU against 397.39 billion current LCU in Iceland, a difference of 10.44 billion current LCU.

The two have swapped places 3 times across 58 shared years of data; in 1963 it was Singapore ahead.

Iceland ranks 82nd and Singapore ranks 81st of 186 countries.

Across the 7 decades both report, Iceland averaged higher in 2 and Singapore in 5.

Head to head by decade

Decade Iceland Singapore Difference Ahead
1960s 23.51 million current LCU 1.83 billion current LCU 1.80 billion current LCU Singapore
1970s -74.70 million current LCU 6.45 billion current LCU 6.52 billion current LCU Singapore
1980s -8.39 billion current LCU 21.69 billion current LCU 30.07 billion current LCU Singapore
1990s -26.88 billion current LCU 84.83 billion current LCU 111.71 billion current LCU Singapore
2000s -29.14 billion current LCU 194.03 billion current LCU 223.18 billion current LCU Singapore
2010s 610.47 billion current LCU 304.25 billion current LCU 306.22 billion current LCU Iceland
2020s 458.55 billion current LCU 407.83 billion current LCU 50.72 billion current LCU Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher net foreign assets, Iceland or Singapore?
Singapore, at 407.83 billion current LCU against 397.39 billion current LCU in Iceland as of 2020.
What is the difference in net foreign assets between Iceland and Singapore?
10.44 billion current LCU, with Singapore ahead.
How many years of comparable data are there for Iceland and Singapore?
58 years are reported by both, from 1963 to 2020.
How do Iceland and Singapore rank globally for net foreign assets?
Iceland ranks 82nd and Singapore ranks 81st of 186 countries.
Where does this data come from?
International Financial Statistics database, International Monetary Fund (IMF), published as Net foreign assets (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Net foreign assets (current LCU)
Unit
current LCU
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
186 places, 9,009 data points, 1960–2025
Last refreshed

Net foreign assets are the sum of foreign assets held by monetary authorities and deposit money banks, less their foreign liabilities. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.