Singapore’s net IIP rises to $1.4t in Q4
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Singapore’s net international investment position (IIP) increased by 2.6% quarter-on-quarter to $1.4 trillion in Q4, driven by a rise in external assets, which grew by $243 billion to $8.8 trillion. External liabilities also rose, but at a slower pace, increasing by $208 billion to $7.4 trillion. This positions Singapore as a net creditor country. Portfolio investments accounted for the largest net asset position at $2.1 trillion, while direct investments remained a net liability at $1.4 trillion.
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