SGD · English

Has your money kept pace?

Explore money supply, prices and the changing value of your currency.

Reference month: 2026-07Asia/SingaporeData & methodology ↗

Money supply in motion

Local M2SGD

Trend estimate

SGD

Change per second: – SGD

Reference month: 2026-08 · Year-on-year: 6.4%

Source ↗

US M2USD

Trend estimate

1M USD

Change per second: – USD

Reference month: 2026-07 · Year-on-year: 5.41%

Source ↗

Trend projection using each series’ latest reference-month total and year-on-year growth, compounded continuously from the following month’s start (00:00 UTC) to the displayed time. Continues between visits and rebases when new data is published on this site; revisions may cause jumps. Not a live measurement or an official forecast. Demo series remain simulations.

FromTo

Local M2

536,633.56 SGD

2026-07 · Year-on-year: +6.3%

View data table

Local M2 · 2016-07 → 2026-07
Month	Local M2
2016-07	365,756.41 SGD
2016-08	366,418.95 SGD
2016-09	367,188.63 SGD
2016-10	368,071.58 SGD
2016-11	369,072.28 SGD
2016-12	370,193.4 SGD
2017-01	371,435.84 SGD
2017-02	372,798.62 SGD
2017-03	374,278.94 SGD
2017-04	375,872.2 SGD
2017-05	377,572.05 SGD
2017-06	379,370.48 SGD
2017-07	381,257.96 SGD
2017-08	383,223.54 SGD
2017-09	385,255.07 SGD
2017-10	387,339.3 SGD
2017-11	389,462.17 SGD
2017-12	391,608.97 SGD
2018-01	393,764.58 SGD
2018-02	395,913.71 SGD
2018-03	398,041.13 SGD
2018-04	400,131.93 SGD
2018-05	402,171.7 SGD
2018-06	404,146.85 SGD
2018-07	406,044.75 SGD
2018-08	407,853.95 SGD
2018-09	409,564.38 SGD
2018-10	411,167.54 SGD
2018-11	412,656.59 SGD
2018-12	414,026.5 SGD
2019-01	415,274.12 SGD
2019-02	416,398.27 SGD
2019-03	417,399.75 SGD
2019-04	418,281.34 SGD
2019-05	419,047.78 SGD
2019-06	419,705.69 SGD
2019-07	420,263.48 SGD
2019-08	420,731.26 SGD
2019-09	421,120.66 SGD
2019-10	421,444.64 SGD
2019-11	421,717.37 SGD
2019-12	421,953.93 SGD
2020-01	422,170.12 SGD
2020-02	422,382.23 SGD
2020-03	422,606.76 SGD
2020-04	422,860.17 SGD
2020-05	423,158.64 SGD
2020-06	423,517.79 SGD
2020-07	423,952.45 SGD
2020-08	424,476.41 SGD
2020-09	425,102.22 SGD
2020-10	425,840.95 SGD
2020-11	426,702.05 SGD
2020-12	427,693.16 SGD
2021-01	428,819.99 SGD
2021-02	430,086.23 SGD
2021-03	431,493.46 SGD
2021-04	433,041.13 SGD
2021-05	434,726.54 SGD
2021-06	436,544.89 SGD
2021-07	438,489.33 SGD
2021-08	440,551.05 SGD
2021-09	442,719.43 SGD
2021-10	444,982.15 SGD
2021-11	447,325.42 SGD
2021-12	449,734.17 SGD
2022-01	452,192.27 SGD
2022-02	454,682.8 SGD
2022-03	457,188.27 SGD
2022-04	459,690.92 SGD
2022-05	462,173.02 SGD
2022-06	464,617.08 SGD
2022-07	467,006.18 SGD
2022-08	469,324.24 SGD
2022-09	471,556.24 SGD
2022-10	473,688.49 SGD
2022-11	475,708.85 SGD
2022-12	477,606.92 SGD
2023-01	479,374.21 SGD
2023-02	481,004.3 SGD
2023-03	482,492.96 SGD
2023-04	483,838.2 SGD
2023-05	485,040.33 SGD
2023-06	486,101.98 SGD
2023-07	487,028.04 SGD
2023-08	487,825.66 SGD
2023-09	488,504.08 SGD
2023-10	489,074.53 SGD
2023-11	489,550.09 SGD
2023-12	489,945.45 SGD
2024-01	490,276.72 SGD
2024-02	490,561.18 SGD
2024-03	490,817.02 SGD
2024-04	491,063.05 SGD
2024-05	491,318.41 SGD
2024-06	491,602.3 SGD
2024-07	491,933.64 SGD
2024-08	492,330.79 SGD
2024-09	492,811.26 SGD
2024-10	493,391.45 SGD
2024-11	494,086.35 SGD
2024-12	494,909.31 SGD
2025-01	495,871.83 SGD
2025-02	496,983.38 SGD
2025-03	498,251.2 SGD
2025-04	499,680.22 SGD
2025-05	501,272.92 SGD
2025-06	503,029.34 SGD
2025-07	504,946.99 SGD
2025-08	507,020.94 SGD
2025-09	509,243.84 SGD
2025-10	511,606.05 SGD
2025-11	514,095.74 SGD
2025-12	516,699.11 SGD
2026-01	519,400.56 SGD
2026-02	522,182.93 SGD
2026-03	525,027.77 SGD
2026-04	527,915.61 SGD
2026-05	530,826.26 SGD
2026-06	533,739.13 SGD
2026-07	536,633.56 SGD

Source ↗

US M2

23.22T USD

2026-07 · Year-on-year: +5.4%

View data table

US M2 · 2016-07 → 2026-07
Month	US M2
2016-07	12.91T USD
2016-08	12.99T USD
2016-09	13.05T USD
2016-10	13.12T USD
2016-11	13.21T USD
2016-12	13.24T USD
2017-01	13.32T USD
2017-02	13.4T USD
2017-03	13.46T USD
2017-04	13.52T USD
2017-05	13.57T USD
2017-06	13.58T USD
2017-07	13.64T USD
2017-08	13.7T USD
2017-09	13.74T USD
2017-10	13.8T USD
2017-11	13.85T USD
2017-12	13.89T USD
2018-01	13.9T USD
2018-02	13.95T USD
2018-03	14.01T USD
2018-04	14.03T USD
2018-05	14.09T USD
2018-06	14.13T USD
2018-07	14.17T USD
2018-08	14.22T USD
2018-09	14.24T USD
2018-10	14.26T USD
2018-11	14.29T USD
2018-12	14.39T USD
2019-01	14.46T USD
2019-02	14.51T USD
2019-03	14.56T USD
2019-04	14.59T USD
2019-05	14.7T USD
2019-06	14.8T USD
2019-07	14.88T USD
2019-08	14.97T USD
2019-09	15.05T USD
2019-10	15.19T USD
2019-11	15.3T USD
2019-12	15.35T USD
2020-01	15.43T USD
2020-02	15.49T USD
2020-03	16.03T USD
2020-04	17.06T USD
2020-05	17.93T USD
2020-06	18.18T USD
2020-07	18.33T USD
2020-08	18.41T USD
2020-09	18.61T USD
2020-10	18.76T USD
2020-11	19T USD
2020-12	19.12T USD
2021-01	19.38T USD
2021-02	19.64T USD
2021-03	19.87T USD
2021-04	20.17T USD
2021-05	20.46T USD
2021-06	20.47T USD
2021-07	20.63T USD
2021-08	20.84T USD
2021-09	20.99T USD
2021-10	21.16T USD
2021-11	21.34T USD
2021-12	21.5T USD
2022-01	21.65T USD
2022-02	21.73T USD
2022-03	21.79T USD
2022-04	21.77T USD
2022-05	21.72T USD
2022-06	21.65T USD
2022-07	21.65T USD
2022-08	21.64T USD
2022-09	21.54T USD
2022-10	21.46T USD
2022-11	21.41T USD
2022-12	21.29T USD
2023-01	21.27T USD
2023-02	21.24T USD
2023-03	20.94T USD
2023-04	20.76T USD
2023-05	20.83T USD
2023-06	20.8T USD
2023-07	20.79T USD
2023-08	20.78T USD
2023-09	20.75T USD
2023-10	20.74T USD
2023-11	20.75T USD
2023-12	20.78T USD
2024-01	20.84T USD
2024-02	20.92T USD
2024-03	20.97T USD
2024-04	20.96T USD
2024-05	21.02T USD
2024-06	21.07T USD
2024-07	21.1T USD
2024-08	21.19T USD
2024-09	21.28T USD
2024-10	21.34T USD
2024-11	21.45T USD
2024-12	21.49T USD
2025-01	21.54T USD
2025-02	21.61T USD
2025-03	21.68T USD
2025-04	21.77T USD
2025-05	21.84T USD
2025-06	21.94T USD
2025-07	22.03T USD
2025-08	22.09T USD
2025-09	22.18T USD
2025-10	22.25T USD
2025-11	22.28T USD
2025-12	22.36T USD
2026-01	22.41T USD
2026-02	22.6T USD
2026-03	22.64T USD
2026-04	22.76T USD
2026-05	23.01T USD
2026-06	23.12T USD
2026-07	23.22T USD

Source ↗

Start at 100

Local M2 · US M2 · US M2 in local currency

View data table

Start at 100 · 2016-07 → 2026-07
Month	Local M2	US M2	US M2 in local currency
2016-07	100	100	100
2016-08	100.2	100.6	100.3
2016-09	100.4	101.1	101.7
2016-10	100.6	101.7	104.2
2016-11	100.9	102.4	106.9
2016-12	101.2	102.6	109
2017-01	101.6	103.2	109
2017-02	101.9	103.8	108.6
2017-03	102.3	104.3	108.5
2017-04	102.8	104.7	108.4
2017-05	103.2	105.1	108.5
2017-06	103.7	105.2	107.7
2017-07	104.2	105.7	107.2
2017-08	104.8	106.1	106.8
2017-09	105.3	106.5	106.3
2017-10	105.9	106.9	107.6
2017-11	106.5	107.3	107.6
2017-12	107.1	107.6	107.2
2018-01	107.7	107.7	105.3
2018-02	108.2	108.1	105.6
2018-03	108.8	108.6	105.6
2018-04	109.4	108.7	105.9
2018-05	110	109.2	108.2
2018-06	110.5	109.5	109.2
2018-07	111	109.8	110.7
2018-08	111.5	110.2	111.6
2018-09	112	110.4	112
2018-10	112.4	110.5	112.7
2018-11	112.8	110.7	112.6
2018-12	113.2	111.5	113.1
2019-01	113.5	112	112.4
2019-02	113.8	112.4	112.6
2019-03	114.1	112.8	113.1
2019-04	114.4	113.1	113.5
2019-05	114.6	113.9	115.5
2019-06	114.8	114.7	115.6
2019-07	114.9	115.3	116.2
2019-08	115	116	118.9
2019-09	115.1	116.6	119
2019-10	115.2	117.7	119.3
2019-11	115.3	118.5	119.4
2019-12	115.4	118.9	119.4
2020-01	115.4	119.5	119.5
2020-02	115.5	120	123.4
2020-03	115.5	124.2	130.3
2020-04	115.6	132.2	139.2
2020-05	115.7	138.9	145.8
2020-06	115.8	140.9	145.2
2020-07	115.9	142	145.7
2020-08	116.1	142.7	144.5
2020-09	116.2	144.1	145.7
2020-10	116.4	145.3	146.2
2020-11	116.7	147.2	146.8
2020-12	116.9	148.1	146.1
2021-01	117.2	150.1	147.3
2021-02	117.6	152.2	149.5
2021-03	118	154	153
2021-04	118.4	156.3	154.3
2021-05	118.9	158.5	156
2021-06	119.4	158.6	156.5
2021-07	119.9	159.8	160.3
2021-08	120.4	161.5	161.9
2021-09	121	162.6	162.2
2021-10	121.7	164	163.9
2021-11	122.3	165.3	166
2021-12	123	166.6	168.1
2022-01	123.6	167.7	167.6
2022-02	124.3	168.3	167.7
2022-03	125	168.8	169.7
2022-04	125.7	168.7	170.5
2022-05	126.4	168.3	172.2
2022-06	127	167.7	171.8
2022-07	127.7	167.7	173.2
2022-08	128.3	167.7	171.7
2022-09	128.9	166.9	174.7
2022-10	129.5	166.3	175.1
2022-11	130.1	165.9	170.3
2022-12	130.6	165	165
2023-01	131.1	164.8	161.6
2023-02	131.5	164.6	162.2
2023-03	131.9	162.3	161
2023-04	132.3	160.8	158.5
2023-05	132.6	161.4	160
2023-06	132.9	161.1	160.5
2023-07	133.2	161.1	158.9
2023-08	133.4	161	160.9
2023-09	133.6	160.8	162.3
2023-10	133.7	160.7	162.7
2023-11	133.8	160.8	160.3
2023-12	134	161	158.7
2024-01	134	161.4	159.6
2024-02	134.1	162.1	161.3
2024-03	134.2	162.4	161.2
2024-04	134.3	162.4	163
2024-05	134.3	162.9	162.8
2024-06	134.4	163.2	163.3
2024-07	134.5	163.5	162.8
2024-08	134.6	164.2	159.8
2024-09	134.7	164.8	158.1
2024-10	134.9	165.3	160.4
2024-11	135.1	166.2	164.5
2024-12	135.3	166.5	166.4
2025-01	135.6	166.9	168
2025-02	135.9	167.4	166.8
2025-03	136.2	168	166
2025-04	136.6	168.7	165.2
2025-05	137.1	169.2	162.1
2025-06	137.5	170	161.3
2025-07	138.1	170.6	161.9
2025-08	138.6	171.2	162.7
2025-09	139.2	171.8	163.3
2025-10	139.9	172.4	165.2
2025-11	140.6	172.6	166.4
2025-12	141.3	173.2	165.4
2026-01	142	173.6	164.4
2026-02	142.8	175.1	164.1
2026-03	143.5	175.4	166.1
2026-04	144.3	176.3	166.5
2026-05	145.1	178.3	168.2
2026-06	145.9	179.1	170.7
2026-07	146.7	179.9	171.8

US benchmarks first convert the starting amount into US dollars, apply the US M2 or CPI ratio, then convert at the ending exchange rate. Currency movements therefore affect the local-currency answer.

Calculators

SGD

01Past money valuePast money value · SGD→02Asset growth comparisonAsset growth comparison · SGD→03Future wealth needsFuture wealth needs · SGD→04Gold price comparisonGold price comparison · SGD→

Government & household debt

Debt data & sources →

Published balances, not live counters. Dates and coverage differ. Gross debt does not deduct assets; these figures alone do not measure financial health.

Government debt

Central government

1.31T SGD

1,311.126billionSGD

Observation date: 2025-Q4

Year-on-year: 3.58%

Source: BIS total credit statistics ↗

Household debt

Household borrowing from domestic banks (limited coverage)

347.44B SGD

347.443billionSGD

Observation date: 2025-Q4

Year-on-year: 7.21%

Source: BIS total credit statistics ↗

Why the results differ

M2 measures a stock of broad money. Scaling an amount by the M2 ratio preserves its mathematical share of that aggregate; it does not measure the cost of a household shopping basket.

CPI tracks the average price of a defined basket of goods and services. The result estimates an equivalent basket cost, not your personal cost of living. National baskets and money definitions differ.

Notes

Practical explanations of money supply, prices and exchange rates, with sources and calculators.

M2CPI

M2 or CPI: what does “the value of SGD” actually mean?

Compare money-supply share and consumer purchasing power, with a worked example and a checklist for reading SGD calculations.

12 Sept 2026

USDExchange rate

Why exchange rates change a US benchmark expressed in SGD

Follow the three-step conversion from SGD to USD and back, and see how currency movements can change a money-value comparison.

12 Sept 2026

M2Trend estimate

Why the M2 counter moves: reading the SGD trend estimate

Understand the clock-based M2 projection, its reference month, annual growth assumption and the difference from published statistics.

12 Sept 2026