Singapore Reserves in Months of Imports
Total reserves in months of imports FI.RES.TOTL.MO
Singapore's reserves in months of imports was 3.1 in 2025, ranked 89th globally. This represents a 27.2% decrease from 2024. Data from World Bank, covering 1972–2025.
Overview
Singapore's reserves in months of imports stood at 3.1 in 2025, a decline of +1.2 from 2024. Based on recent trends, this figure is projected to reach 3.1 by 2025. Singapore ranked 89th globally.
Singapore's foreign exchange reserves in months of imports have exhibited a mixed trajectory over the 54-year period from 1972 to 2025. At its all-time peak in 1998, the country boasted a significant 6.72 months' worth of imports, underscoring its robust economic fundamentals. Conversely, the lowest point was reached in 1980 with only 2.95 months' worth of imports, a stark contrast to the current level. As of 2025, Singapore's reserves in months of imports stand at 3.12, a relatively stable position. This places the country slightly above Rwanda, which ranks 90th globally with 3.21 months' worth of imports. Despite this stability, a sustained decline in global trade or a significant increase in import costs could potentially alter the trajectory of Singapore's reserves in months of imports, underscoring the importance of prudent economic management in navigating such external shocks.
Data & projection
| Year | Reserves in Months of Imports | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 1.9 | - | - |
| 2026* trend | 2.5 | - | - |
| 2025* trend | 3.1 | - | - |
| 2025 | 3.1 | −1.2 | #89 |
| 2024 | 4.3 | −0.1 | #66 |
| 2023 | 4.4 | +0.8 | #74 |
| 2022 | 3.5 | −2.4 | #93 |
| 2021 | 5.9 | −0.7 | #62 |
| 2020 | 6.5 | +1.7 | #66 |
| 2019 | 4.8 | −0.1 | #66 |
| 2018 | 4.9 | −0.6 | #62 |
| 2017 | 5.5 | −0.1 | #62 |
| 2016 | 5.6 | +0.2 | #56 |
| 2015 | 5.4 | +0.3 | #54 |
| 2014 | 5.1 | −0.3 | #51 |
| 2013 | 5.4 | +0.0 | #49 |
| 2012 | 5.4 | +0.3 | #45 |
| 2011 | 5.2 | −0.6 | #48 |
Detected Pattern
Analysis
Singapore matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw reserves in months of imports improve within 24 months. View full analysis →
Frequently Asked Questions
Singapore's reserves in months of imports was 3.1 in 2025. Ranked 89th globally. This represents a 27.2% decrease from the previous year.
Singapore's reserves in months of imports peaked at 6.7 in 1998.
The lowest reserves in months of imports in Singapore was 3.0 in 1980.
Singapore ranks 89th globally in reserves in months of imports as of 2025.
The World Bank indicator code is FI.RES.TOTL.MO. Data sourced from World Bank.
Singapore's reserves in months of imports is projected to reach 3.1 by 2025 based on trend extrapolation.
The reserves in months of imports of Singapore in 2025 was 3.1. This ranks 89th in the world.
Cite this page
@misc{historysaid_singapore_reserves-months-imports,
title = {Singapore Reserves in Months of Imports},
url = {https://historysaid.com/singapore/reserves-months-imports/},
publisher = {HistorySaid},
year = {2026}
}