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Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Singapore economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Singapore best banks and safest banks are also available.
Veteran central banker Ravi Menon is set to step down as managing director of the Monetary Authority of Singapore.
USD 287.7 billion (2018)
International Monetary Fund (IMF), data retrieved October 2019
USD 361.1 billion (2018, estimate)
IMF - World Economic Outlook, October 2019
Intl$ 565.8 billion (2018, estimate)
IMF - World Economic Outlook, October 2019
2014 | 2015 | 2016 | 2017* | 2018* |
4.1% | 2.5% | 2.8% | 3.9% | 3.2% |
*Estimate
(2016 estimate)
2.2% (2014)
OECD, retrieved October 2019
2014 | 2015 | 2016 | 2017* | 2018* |
-0.5% | -0.5% | 0.6% | 0.4% | 0.7% |
*Estimate
2014 | 2015 | 2016 | 2017* | 2018* |
1.9% | 2.1% | 2.2% | 2.1% | 2.2% |
*Estimate
2014 | 2015 | 2016 | 2017* | 2018* |
102.3% | 106.9% | 109.5% | 113.6% | 114.1% |
*Estimate
2014 | 2015 | 2016 | 2017* | 2018* |
2.9% | 3.7% | 5.4% | 3.6% | 4.3% |
*Estimate
Standard & Poor's: AAA
Moody's: Aaa
Standard & Poor's / Moody's (Updated January 2017)
2016 | 2017 | 2018 |
USD 640.4 billion | USD 787.3 billion | USD 687.3 billion |
DBS, Oversea-Chinese Banking, United Overseas Bank, SingTel, Wilmar International, CapitaLand, Singapore Airlines, Keppel, Olam International, Flex, Frasers Property Limited, China Aviation Oil, Sembcorp Industries
17.9 % (2018 estimate)
176.4% (2018)
2.12% (2018)
3.18% (2018)
Machinery and equipment (including electronics and telecommunications), pharmaceuticals and other chemicals, refined petroleum products, foodstuffs and beverages
Machinery and equipment, mineral fuels, chemicals, foodstuffs, consumer goods
China 14.7%, Hong Kong 12.6%, Malaysia 10.8%, US 6.6%, Indonesia 5.8%, Japan 4.7%, South Korea 4.6%, Thailand 4% (2017)
China 13.9%, Malaysia 12%, US 10.7%, Japan 6.3%, South Korea 5% (2017)
2016 | 2017 | 2018 |
USD 73,863 million | USD 75,723 million | USD 77,646 million |
2016 | 2017 | 2018 |
USD 39,782 million | USD 43,696 million | USD 37,143 million |
2015 | 2016 | 2017 | 2018 |
USD 20,533 million | USD 6,280 million | USD 12,851 million | USD 4,255 million |
Mayon Investments Pte Ltd, AS Watson Holdings Ltd, Hong Kong, China, USD 5.7 billion / OCBC Pearl Ltd, Wing Hang Bank Ltd, Hong Kong, China, USD 4.8 billion
(for a monthly update on M&A; click here )
Investor Group, IndCor Properties Inc, United States, USD 8.1 billion / Global Logistic Properties Ltd, Industrial Income Trust Inc-US Logistics Portfolio, United States, USD 4.6 billion
(for a monthly update on M&A; click here )
Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.
Overall ranking: 2 out of 190 countries (2017)
Subcategories:
Starting a business: 6 out of 190 countries
Enforcing Contracts: 2 out of 190 countries
Registering Property: 19 out of 190 countries
Getting Credit: 20 out of 190 countries
Protecting Minority Investors: 1 out of 190 countries
Trading Across Borders: 41 out of 190 countries
Paying Taxes: 8 out of 190 countries
Dealing with Construction Permits: 10 out of 190 countries
Getting Electricity: 10 out of 190 countries
Resolving Insolvency: 29 out of 190 countries
2 out of 138 countries
(2016-2017)
Ranking: 2 / Score: 87.78 (Free) (2016)
(100=totally free 0=totally repressed)
Mandarin (official) 36.3%, English (official) 29.8%, Malay (official) 11.9%, Hokkien 8.1%, Tamil (official) 4.4%, Cantonese 4.1%, Teochew 3.2%, other Indian languages 1.2%, other Chinese dialects 1.1%, other 1.1% (2010 est.)
Buddhist 33.9%, Muslim 14.3%, Taoist 11.3%, Catholic 7.1%, Hindu 5.2%, other Christian 11%, other 0.7%, none 16.4% (2010 est.)
1990 | 2000 | 2010 | 2016* | 2021* |
3.047 million | 4.028 million | 5.077 million | 5.591 million | 5.863 million |
*Estimate
1960 | 1980 | 2000 | 2018 |
46.6% | 48.4% | 56.9% | 66.4% |
Total population: 97%
Male: 98.7%
Female: 95.4%
Definition: age 15 and over can read and write (2016 est.)
Political Rights: 4
Civil Liberties: 4 (2019)
(1 represents the most free, 7 the least free rating)
Fixed: 34.2% Mobile: 145.7% (2018)
(fixed-telephone subscribers and mobile-cellular subscribers)