Items Unit Latest Period Latest Data % Change
(Y‑o‑Y) 1/
Previous
Period Data
% Change
(Y‑o‑Y) 2/
Balance of Payments            
Balance of Payments S$m 1Q 2024 27,287.6 na 13,193.4 na
Current Account Balance S$m 1Q 2024 37,193.2 na 34,411.4 na

Exports of Goods and Services

S$m 1Q 2024 299,688.6 5.4 305,754.7 -0.1

Imports of Goods and Services

S$m 1Q 2024 241,726.7 5.1 239,089.3 -2.4

Primary Income Balance

S$m 1Q 2024 -17,113.7 na -30,668.0 na

Secondary Income Balance

S$m 1Q 2024 -3,655.0 na -1,586.0 na
Capital and Financial Account Balance 3/ S$m 1Q 2024 8,104.7 na 19,902.6 na
Reserve Assets S$m 1Q 2024 27,287.6 na 13,193.4 na
Official Foreign Reserves US$m May-24 370,541.8 13.8 366,877.2 17.6

Data are preliminary when first released.
na not available or not applicable
1 Refers to % change in latest period over the same period in the previous year.
2 Refers to % change in the previous period over the same period in the previous year.
3 Decrease in assets and liabilities, and net inflows in net balances, are indicated by a minus [-] sign).