Country Library
SG

Singapore

Analyst Library· Jul 2026
SingaporeSoutheast AsiaEnglish, Malay, MandarinSingapore Dollar (SGD)

Official Data — Live Indicators

Inflation (CPI, % annual)

0.9

· 2025

World Bank Open Data

Unemployment Rate (%)

2.82

· 2025

World Bank Open Data

Total Population

6.1M

· 2025

World Bank Open Data

GDP per Capita (US$)

98,813.98

· 2025

World Bank Open Data

Fetched from official statistical APIs (World Bank, OECD) — no AI estimation.

Overview

Singapore is a sovereign island city-state in maritime Southeast Asia, known for its rapid economic development since gaining independence in 1965. It has transformed into a global hub for finance, trade, and technology, characterized by its highly urbanized landscape, diverse multicultural population, and strategic geographical location. The nation plays a significant role in regional and international affairs, underpinned by strong governance, pro-business policies, and a commitment to long-term planning.

Economy

gdp nominal

$731.4 billion (2024)

gdp ppp

$692 billion (2023 estimate)

gdp rank

33

gdp per capita

$101,464 GNI (2024)

gdp growth rate

+4.4% (2024)

inflation rate

0.9% (2025)

unemployment rate

2.0% (2024)

debt to gdp

168.7% (2022 estimate)

fiscal deficit

2.0% of GDP (2023 estimate, surplus)

major industries

Manufacturing (20.3% of VA 2024), Wholesale Trade (22.7% of Services VA 2024), Finance & Insurance (17.3% of Services VA 2024), Information & Communications (9.6% of Services VA 2024), Professional Services (9.1% of Services VA 2024), Transportation & Storage (6.0% of Services VA 2024), Real Estate (5.5% of Services VA 2024)

top exports

Electronics, Chemicals, Machinery and Transport Equipment, Pharmaceuticals, Financial Services (2024), Other Services (2024), Travel Services (2024)

top imports

Electronics, Machinery and Transport Equipment, Mineral Fuels, Chemicals, Manufactured Goods, Other Services (2024), Travel Services (2024)

Demographics

population

5981000

population rank

113

population growth rate

0.76

median age

42.8

urbanization rate

100%

life expectancy

83

fertility rate

1.04

literacy rate

97.6% (2021)

ethnic groups

[object Object], [object Object], [object Object], [object Object]

religions

[object Object], [object Object], [object Object], [object Object], [object Object], [object Object], [object Object]

age distribution

0 14: 13.2% · 15 64: 71.0% · 65 plus: 15.8%

Full analyst report

Government & Politics
Trade & Investment
Infrastructure
Education & Healthcare
Environment
Geopolitics & Security
Latest News

Unlock 7 more sections plus AI chat, comparisons, saving and sharing — free account includes 5 researches every month.

Sign up free — view the full report

Report refreshed monthly · Official indicators refreshed daily · Built with CleverGraph