Singapore’s Briefcase Index has unveiled a new ranking of the top 10 industries offering the highest returns for foreign investors, based on foreign direct investment (FDI) returns in 2024. The ranking highlights Computers & Peripheral Equipment as the leading sector, boasting a remarkable 299.2% return. This announcement comes as Singapore continues to attract high-value investments in sectors like semiconductors, advanced manufacturing, and digital infrastructure.
The ranking, derived from the latest data by the Singapore Department of Statistics, places Banks in second with a 50.0% return, followed by Non-Freight Water Transport Services at 36.1%. A spokesperson from Briefcase Index noted, “Singapore’s strongest foreign-investor returns are showing up in sectors where scale, specialisation, and pricing power matter most.”
The list further includes Semiconductor Devices at 29.2%, Freight Water Transport at 27.3%, and Refined Petroleum Products at 24.8%. Wholesale Trade and Miscellaneous Electronic Products also feature prominently, with returns of 23.7% and 23.3% respectively. Electrical Machinery & Apparatus and Insurance Services round out the top 10, with returns of 14.7% and 14.4%.
This ranking underscores Singapore’s strategic focus on sectors where it holds significant operational advantages, offering a concentrated return profile for foreign investors. As the city-state continues to position itself as a hub for high-value investments, these insights provide valuable guidance for potential investors.



