
Singapore
Analyst Library· Jul 2026Official Data — Live Indicators
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
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religions
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age distribution
0 14: 13.2% · 15 64: 71.0% · 65 plus: 15.8%
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