Singapore's net asset position grew 0.6% to 1.118 billion SGD in Q3 2024, marking it as a global net creditor.

Singapore's net asset position in its international investment increased by 0.6% in the third quarter of 2024, reaching 1.118 billion SGD. This growth was due to a larger increase in external assets compared to external liabilities. Singapore maintains a positive net investment position, making it a net creditor to the world. External assets rose to 7.844 billion SGD, while liabilities increased to 6.726 billion SGD.