Foreign Reserves, Months Import Cover, Goods in Singapore

Singapore: Foreign Reserves, Months Import Cover, Goods was 1.03 in 2025. ▲ Rising

Latest (2025)
1.03
Change on year
down 5.5%
World rank
20th
of 116 countries
All-time high
1.44
in 2020
All-time low
0.7729
in 2008
Years of data
35
1991–2025

Foreign Reserves, Months Import Cover, Goods in Singapore, 1991–2025

00.511.51991200820251991: 0.8381992: 0.9071993: 0.9091994: 0.8271995: 0.7791996: 0.8171997: 0.91998: 1.21999: 1.12000: 12001: 1.22002: 1.22003: 1.22004: 12005: 0.9582006: 0.8672007: 0.8832008: 0.7732009: 1.12010: 0.9142011: 0.822012: 0.8122013: 0.8812014: 0.8952015: 1.12016: 1.22017: 1.12018: 1.12019: 12020: 1.42021: 1.42022: 0.7952023: 1.12024: 1.12025: 1

Source: World Bank staff calculations based on Datastream data.

Analysis

In 2025, foreign reserves, months import cover, goods in Singapore stood at 1.03.

Compared with earlier readings it is down 5.5% on the previous year and down 9.5% over ten years.

Over the whole period, foreign reserves, months import cover, goods in Singapore peaked at 1.44 in 2020 and was at its lowest, 0.7729, in 2008.

Singapore ranks 20th of 116 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 35 years of available data.

Foreign Reserves, Months Import Cover, Goods in Singapore, year by year

Annual values for Foreign Reserves, Months Import Cover, Goods in Singapore, 1991 to 2025.
Year Value Change
1991 0.8384 —
1992 0.9071 +8.2%
1993 0.909 +0.2%
1994 0.827 -9.0%
1995 0.7793 -5.8%
1996 0.8167 +4.8%
1997 0.8999 +10.2%
1998 1.22 +35.1%
1999 1.15 -5.4%
2000 1.03 -10.6%
2001 1.19 +15.8%
2002 1.21 +1.3%
2003 1.18 -1.9%
2004 1.05 -11.4%
2005 0.958 -8.6%
2006 0.8675 -9.4%
2007 0.8832 +1.8%
2008 0.7729 -12.5%
2009 1.06 +36.5%
2010 0.9141 -13.4%
2011 0.82 -10.3%
2012 0.8124 -0.9%
2013 0.8811 +8.5%
2014 0.8947 +1.5%
2015 1.13 +26.6%
2016 1.21 +6.9%
2017 1.13 -6.3%
2018 1.05 -7.4%
2019 1.04 -1.2%
2020 1.44 +38.9%
2021 1.36 -5.5%
2022 0.7951 -41.6%
2023 1.07 +34.8%
2024 1.09 +1.3%
2025 1.03 -5.5%

Singapore compared with similar countries

  • Singapore's 1.03 is above the median for high income countries, which is 0.2389, 4.3× the median. (51 countries reporting)
  • Singapore's 1.03 is above the median for East Asia & Pacific, which is 0.6487, 1.6× the median. (17 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.927 0.7793 1.22 9
2000s 1.02 0.7729 1.21 10
2010s 0.989 0.8124 1.21 10
2020s 1.13 0.7951 1.44 6

Countries ranked near Singapore

  1. 17 Brazil 1.28 compare
  2. 18 Brunei 1.07 compare
  3. 19 Botswana 1.06 compare
  4. 21 Kuwait 1.01 compare
  5. 22 Kazakhstan 1 compare
  6. 23 Colombia 0.9976 compare

See the full ranking of 126 places →

More reference data data for Singapore

All data for Singapore →

Frequently asked questions

What is foreign reserves, months import cover, goods in Singapore?
Foreign reserves, months import cover, goods in Singapore was 1.03 in 2025, according to World Bank staff calculations based on Datastream data.
What is the highest foreign reserves, months import cover, goods recorded in Singapore?
The highest recorded value was 1.44 in 2020.
What is the lowest foreign reserves, months import cover, goods recorded in Singapore?
The lowest recorded value was 0.7729 in 2008.
How does Singapore rank for foreign reserves, months import cover, goods?
Singapore ranks 20th out of 116 countries with data for 2025.
Is foreign reserves, months import cover, goods rising or falling in Singapore?
Over the last ten years it is down 9.5%. The long-run trend across the full record is rising.
Where does this Singapore data come from?
The figures come from World Bank staff calculations based on Datastream data, published as part of Foreign Reserves, Months Import Cover, Goods. Statizoid updates them automatically from the source API.

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Foreign Reserves, Months Import Cover, Goods in Singapore. Statizoid, drawing on World Bank staff calculations based on Datastream data. Retrieved 29 September 2026, from https://reference.statizoid.com/stat/foreign-reserves-months-import-cover-goods/singapore/

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About this data

Indicator
Foreign Reserves, Months Import Cover, Goods
Source
World Bank staff calculations based on Datastream data
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
126 places, 3,364 data points, 1991–2025
Last refreshed

The stock of international reserves is expressed as the number of months of financing-coverage it represents for the given country's imports of merchandise goods.