Total reserves in months of imports (reserves International Financial) in Singapore
Singapore: Total reserves in months of imports (reserves International Financial) was 4.39 in 2025. ▲ Rising
Total reserves in months of imports in Singapore, 1972–2025
Source: International Financial Statistics database, International Monetary Fund (IMF).
Analysis
In 2025, total reserves in months of imports in Singapore stood at 4.39.
The figure is up 4.9% on the previous year and down 19.0% over ten years.
Over the whole period, total reserves in months of imports in Singapore peaked at 6.72 in 1998 and was at its lowest, 2.95, in 1980.
That places Singapore 87th out of 179 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Total reserves in months of imports (reserves International Financial) in Singapore, year by year
| Year | Value | Change |
|---|---|---|
| 1972 | 5.61 | — |
| 1973 | 4.85 | -13.6% |
| 1974 | 3.73 | -23.0% |
| 1975 | 4.09 | +9.6% |
| 1976 | 4.08 | -0.4% |
| 1977 | 4.03 | -1.1% |
| 1978 | 4.48 | +11.2% |
| 1979 | 3.61 | -19.5% |
| 1980 | 2.95 | -18.2% |
| 1981 | 2.95 | +0.0% |
| 1982 | 3.23 | +9.5% |
| 1983 | 3.54 | +9.4% |
| 1984 | 3.9 | +10.4% |
| 1985 | 5.22 | +33.7% |
| 1986 | 5.3 | +1.6% |
| 1987 | 4.84 | -8.7% |
| 1988 | 4.1 | -15.3% |
| 1989 | 4.3 | +4.9% |
| 1990 | 4.73 | +10.0% |
| 1991 | 5.3 | +12.0% |
| 1992 | 5.67 | +6.9% |
| 1993 | 5.82 | +2.8% |
| 1994 | 5.89 | +1.2% |
| 1995 | 5.33 | -9.5% |
| 1996 | 5.62 | +5.4% |
| 1997 | 5.23 | -7.0% |
| 1998 | 6.72 | +28.6% |
| 1999 | 6.07 | -9.7% |
| 2000 | 5.26 | -13.4% |
| 2001 | 5.59 | +6.2% |
| 2002 | 5.89 | +5.5% |
| 2003 | 6.14 | +4.2% |
| 2004 | 5.59 | -9.0% |
| 2005 | 4.93 | -11.7% |
| 2006 | 4.9 | -0.7% |
| 2007 | 5.08 | +3.7% |
| 2008 | 4.63 | -8.8% |
| 2009 | 6 | +29.6% |
| 2010 | 5.81 | -3.2% |
| 2011 | 5.17 | -11.1% |
| 2012 | 5.44 | +5.2% |
| 2013 | 5.44 | +0.0% |
| 2014 | 5.12 | -5.8% |
| 2015 | 5.42 | +5.7% |
| 2016 | 5.59 | +3.2% |
| 2017 | 5.49 | -1.8% |
| 2018 | 4.91 | -10.5% |
| 2019 | 4.8 | -2.3% |
| 2020 | 6.53 | +36.0% |
| 2021 | 5.87 | -10.1% |
| 2022 | 3.52 | -39.9% |
| 2023 | 4.31 | +22.4% |
| 2024 | 4.18 | -3.0% |
| 2025 | 4.39 | +4.9% |
Singapore compared with similar countries
- Singapore's 4.39 is above the median for high income countries, which is 3.58, 1.2× the median. (62 countries reporting)
- Singapore's 4.39 is below the median for East Asia & Pacific, which is 5.72, 77% of the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.31 | 3.61 | 5.61 | 8 |
| 1980s | 4.04 | 2.95 | 5.3 | 10 |
| 1990s | 5.64 | 4.73 | 6.72 | 10 |
| 2000s | 5.4 | 4.63 | 6.14 | 10 |
| 2010s | 5.32 | 4.8 | 5.81 | 10 |
| 2020s | 4.8 | 3.52 | 6.53 | 6 |
Countries ranked near Singapore
More financial sector data for Singapore
- Reserve position in the IMF, US dollar, annual growth rate 8.93 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0023 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 230.78 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 3.73 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 168.51 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 8.93 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0023 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 230.78 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 3.73 % change on previous year (2025)
Frequently asked questions
- What is total reserves in months of imports in Singapore?
- Total reserves in months of imports in Singapore was 4.39 in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest total reserves in months of imports recorded in Singapore?
- The highest recorded value was 6.72 in 1998.
- What is the lowest total reserves in months of imports recorded in Singapore?
- The lowest recorded value was 2.95 in 1980.
- How does Singapore rank for total reserves in months of imports?
- Singapore ranks 87th out of 179 countries with data for 2025.
- Is total reserves in months of imports rising or falling in Singapore?
- Over the last ten years it is down 19.0%. The long-run trend across the full record is rising.
- Where does this Singapore data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Total reserves in months of imports. Statizoid updates them automatically from the source API.
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About this data
Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This item is expressed in terms of the number of months of imports of goods and services they could pay for [X/(Imports/12)].