In 2023, China ranked first as the most preferred country for Singapore's direct equity investments abroad, with an investment value of around *** billion Singapore dollars. In the same year, India was the second-leading country, with a direct investment value of * billion Singapore dollars.
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Singapore Department of Statistics. (March 4, 2025). Breakdown of Singapore's direct equity investments abroad in 2023, by selected country (in billion Singapore dollars) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved August 01, 2026, from /statistics/1018259/singapore-direct-equity-investment-abroad-breakdown-by-country/
Singapore Department of Statistics. "Breakdown of Singapore's direct equity investments abroad in 2023, by selected country (in billion Singapore dollars)." Chart. March 4, 2025. ÌÇÐÄÆÆ½â°æ. Accessed August 01, 2026. /statistics/1018259/singapore-direct-equity-investment-abroad-breakdown-by-country/
Singapore Department of Statistics. (2025). Breakdown of Singapore's direct equity investments abroad in 2023, by selected country (in billion Singapore dollars). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: August 01, 2026. /statistics/1018259/singapore-direct-equity-investment-abroad-breakdown-by-country/
Singapore Department of Statistics. "Breakdown of Singapore's Direct Equity Investments Abroad in 2023, by Selected Country (in Billion Singapore Dollars)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 4 Mar 2025, /statistics/1018259/singapore-direct-equity-investment-abroad-breakdown-by-country/
Singapore Department of Statistics, Breakdown of Singapore's direct equity investments abroad in 2023, by selected country (in billion Singapore dollars) ÌÇÐÄÆÆ½â°æ, /statistics/1018259/singapore-direct-equity-investment-abroad-breakdown-by-country/ (last visited August 01, 2026)
Breakdown of Singapore's direct equity investments abroad in 2023, by selected country (in billion Singapore dollars) [Graph], Singapore Department of Statistics, March 4, 2025. [Online]. Available: /statistics/1018259/singapore-direct-equity-investment-abroad-breakdown-by-country/