Finance and insurance industry claims 65.5% of FDI stock

The wholesale and retail trade sector follows with 13.4%.

The finance and insurance sector was amongst the industries receiving the highest foreign direct investment (FDI) in Singapore in 2024, accounting for 65.5% of the total stock, according to the Singapore Department of Statistics.

The wholesale and retail trade sector followed with 13.4%, ahead of manufacturing at 8.0%, and real estate, professional, and administrative and support services at 6.3%.

Other sectors included transportation and storage (3.7%), information and communications (2.0%), and accommodation and food services, construction and others (1.1%).

North America was the leading source of foreign investment in 2024—valued at $875b—representing 27.9% of the total FDI stock.

This follows steady growth in corporate sector FDI since 2020, reaching $3.13t in 2024, a 9.5% year-on-year increase from 2023.

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