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NYTThe Powerful Yet Fragile Force Propping Up Stocks and the Economy·NYTTariffs Are Making Instruments So Expensive, School Music Programs Are at Risk·Al Jazeera‘They are crying’: Refugees in Malaysia in fear amid Myanmar deportation·France 24France unveils cost-cutting budget amid protests·Bank of JapanJapanese Government Bonds Held by the Bank of Japan·BBCLorry training firm 'riding out' record diesel price·Al JazeeraIran urges Iraq to lift flight ban amid US sanctions·SCMPPhilippines’ jeepney drivers ‘stuck between a rock and a hard place’ despite fare increase·NYTThe Powerful Yet Fragile Force Propping Up Stocks and the Economy·NYTTariffs Are Making Instruments So Expensive, School Music Programs Are at Risk·Al Jazeera‘They are crying’: Refugees in Malaysia in fear amid Myanmar deportation·France 24France unveils cost-cutting budget amid protests·Bank of JapanJapanese Government Bonds Held by the Bank of Japan·BBCLorry training firm 'riding out' record diesel price·Al JazeeraIran urges Iraq to lift flight ban amid US sanctions·SCMPPhilippines’ jeepney drivers ‘stuck between a rock and a hard place’ despite fare increase·
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S$

Singapore Dollar

SGD · Singapore

31
Moderate
Risk
Historical Scores
284051Jul 2021Jul 2025Oct 2026
What does this mean for you?

The Singapore Dollar is in decent shape overall, scoring 31 out of 100. There are some areas to watch, but no immediate danger. Your money is holding its value reasonably well compared to most currencies.

You only need about 2.4%/yr to stay ahead. A basic savings account is enough. Calculator ↓

Inflation
0.9%
Debt / GDP
167.8%
GDP Growth
5.0%
FX Volatility
5.1
Governance
1.8
Reserves
4.4 mo
Analysis
What's working well
Prices are stable — your money holds its value well
Strong institutions and rule of law
Economy is growing healthily
What to watch out for
Government owes a lot (168% of what the country produces) — may need to print more money
Full Singapore analysis →

Savings Impact Calculator

S$
Holding cash in SGD0.9% inflation
S$956−S$44 (4% purchasing power lost)
Your S$1,000 buys 4% less in 5 years
What if you invested S$1,000 instead? (5yr, in SGD terms)
Hold USD Cash
S$859
−S$141
-3.0%/yr net in SGD
S&P 500
S$1611
+S$611
range: S$734–S$3176
10% USD return + 0.0% FX · ±16% vol
Gold
S$1469
+S$469
range: S$418–S$4007
8% USD return + 0.0% FX · ±24% vol
Bitcoin
S$3052
+S$2052
range: S$180–S$18.4k
25% USD return + 0.0% FX · ±54% vol

All values in SGD. USD-denominated assets (S&P 500, Gold, Bitcoin) include an estimated FX gain of ~0.0%/yr based on the inflation differential between Singapore (0.9%) and the US (~3%). This uses purchasing power parity as a long-run approximation — actual FX movements can differ significantly in the short term. S&P 500 based on 1957-2024, Gold on 2000-2024, Bitcoin on 2015-2024. Past performance does not guarantee future results. Not financial advice.

Holding other assets too? Calculate your full portfolio risk →
This score is based on our 12-factor risk model. Think inflation or debt should matter more? Build your own model with custom weights and see how SGD ranks differently.
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