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Singapore

Singapore Dollar (SGD)

31
Moderate
Risk
#115
of 171
Safer
than 33% of currencies
36
global avg score
$956
$1,000 in 5 years
Impact on Citizens

Citizens need modest returns of 2.4% per year to keep up. Inflation is low — a basic savings account or index fund is enough to stay ahead.See savings calculator ↓

Economic Indicators

Inflation Rate
0.9%
Debt to GDP
167.8%
GDP Growth
5.0%
Broad Money / GDP
147.7%

Banking & Stability

NPL Ratio
1.3%
Reserve Months
4.4
Current Account
16.7%
FX Volatility
4.5

Governance & Markets

Rule of Law
1.8
Black Market Premium
Not available
Capital Controls
Not available
Peg Fragility
Not available

Currency Structure

Global Currency Role
62.0
FX Regime
managed float
Data Coverage
75.0%

Savings Impact Calculator

S$
Holding cash in SGD0.9% inflation
S$956−S$44 (4% purchasing power lost)
Your S$1,000 buys 4% less in 5 years
What if you invested S$1,000 instead? (5yr, in SGD terms)
Hold USD Cash
S$859
−S$141
-3.0%/yr net in SGD
S&P 500
S$1611
+S$611
range: S$734–S$3176
10% USD return + 0.0% FX · ±16% vol
Gold
S$1469
+S$469
range: S$418–S$4007
8% USD return + 0.0% FX · ±24% vol
Bitcoin
S$3052
+S$2052
range: S$180–S$18.4k
25% USD return + 0.0% FX · ±54% vol

All values in SGD. USD-denominated assets (S&P 500, Gold, Bitcoin) include an estimated FX gain of ~0.0%/yr based on the inflation differential between Singapore (0.9%) and the US (~3%). This uses purchasing power parity as a long-run approximation — actual FX movements can differ significantly in the short term. S&P 500 based on 1957-2024, Gold on 2000-2024, Bitcoin on 2015-2024. Past performance does not guarantee future results. Not financial advice.

Data last updated: 2026-10-02

Note: World Bank does not cover this country directly. Data sourced from national statistics and IMF estimates.