Singapore (27.01%), USA (17.94%), Mauritius (15.98%), Netherland (7.86%) and Switzerland (7.31%) emerge as top 5 countries for FDI equity inflows into India FY 2021-22 (2024)

FAQs

What is the FDI trend in Singapore? ›

Singapore foreign direct investment for 2022 was $140.84B, a 1.66% increase from 2021. Singapore foreign direct investment for 2021 was $138.54B, a 76.61% increase from 2020. Singapore foreign direct investment for 2020 was $78.45B, a 25.5% decline from 2019.

Singapore Foreign Direct Investment (FDI) registered a growth equal to 42.9 % of the country's Nominal GDP in Dec 2023, compared with a growth equal to 26.5 % in the previous quarter. Singapore Foreign Direct Investment: % of Nominal GDP data is updated quarterly, available from Mar 1995 to Dec 2023.

Singapore's policy to encourage FDI involves both tax and non-tax incentives for foreign and local firms alike. This policy complements Singapore's liberal exchange régime, with no exchange controls or formalities on payments or capital transfers in any foreign currency or to any country.

The United States, Cayman Islands, Japan, British Virgin Islands and the United Kingdom were the top 5 source economies in Singapore as at end 2022. They accounted for 52.1% of total FDI stock in Singapore as at end 2022.

With its favorable taxation policies and strategic position within Southeast Asia, Singapore offers foreign investors competitive and unprecedented access to the Asian market. In addition to its political and economic stability, Singapore stands as a prominent financial center within the ASEAN region.

Singapore provides many incentives for foreign investors putting money in certain industries such as financial services, tourism, healthcare, and telecommunications. Foreign enterprisers can also rely on Singapore's double tax treaties with over 70 countries that allow them to reduce the tax burden.

Source: OECD International Direct Investment Statistics database. The top recipients of FDI inflows worldwide in Q3 2023 were the United States (USD 73 billion), and Ireland (USD 26 billion); Canada and Brazil both equally ranked as third largest FDI recipient (USD 15 billion).

The top sources of FDI outflows worldwide in Q3 2023 were the United States (USD 110 billion), Japan (USD 60 billion) and China (USD 53 billion).

The economy of Singapore is a highly developed mixed market economy with dirigiste characteristics. Singapore's economy has been consistently ranked as the most open in the world, the joint 4th-least corrupt, and the most pro-business.

The rule of 72 is a quick way to calculate how long it will take for your money to double. You can do this by dividing 72 by the annual interest rate. The result will tell you approximately how many years it will take for your money to double.

What is Singapore's current economic situation? ›

Singapore is a high-income economy with a gross national income of US$82,807 per capita, as of 2022.

Singapore received more than double the U.S. FDI invested in any other Asian nation. The investment outlook was positive due to Singapore's proximity to Southeast Asia's developing economies.

That was down 44% from a record SG$22.5 billion in 2022, when the country's semiconductor sector enjoyed a spike in investment. In 2023, U.S. companies, which continued to be the largest investor, were responsible for 51.9% of the total investment, or over SG$6.5 billion, followed by European companies at 24.8%.

FDI in Figures

In the same period, the stock of FDI stood at USD 2.3 trillion. According to data from SingStat, in 2022, the top five source economies were the United States, Japan, the United Kingdom, Hong Kong, and mainland China, collectively accounting for 45% of Singapore's total inward direct investment flows.

In the Heritage Foundation's Index of Economic Freedom, Singapore ranks as the second most “economically free” country in the world just behind Hong Kong. Since many use this index as a shorthand for “most capitalist” countries, a lot of prominent people end up saying some really weird things about Singapore.

Foreign direct investment (FDI) is vital in the global economy, facilitating capital flows, international trade, and technology transfer. The volume and pattern of FDI flows have undergone key changes in recent decades due to various economic, political, and technological trends.

Foreign direct investment outflows from 2017-2022

In 2022, the value of outward foreign direct investment from Singapore were estimated to reach around 51 billion U.S. dollars. FDI inflows to Singapore ranged at approximately 141 billions U.S. dollars.

U.S. foreign direct investment (FDI) in Singapore in 2021 totaled $294 billion, primarily in non-bank holding companies, manufacturing, wholesale trade, and finance and insurance.