Singapore is one of the most developed economies globally, with a GDP per capita of over US$ 50,000. Businesses are enticed to invest in Singapore given the country’s strategic policies, regulations, processes, and administration. In Singapore, investors can expect integrity and respect for intellectual property rights, support for research and development, connectivity and infrastructure, and quality of life.
Singapore’s pro-intellectual property stance earned it the title of having the best IP protection in Asia and the second best in the world based on World Economic Forum’s Global Competitiveness Report. Singapore values having world class R&D facilities and knowledge and is resolved to become a global knowledge capital. It is one of the world’s busiest transportation hubs with container ports linking 123 countries and an international airport that caters to over 5,000 weekly flights. It trades with different markets globally through its extensive network of free trade agreements with Asia and other major economies.
Emerging businesses in Singapore are those in automotive, lifestyle, nanotechnology, safety and security, and other technology-driven industries.
Singapore is Future Ready.
Please click here for more information on investing in Singapore.
| Capital | : | Singapore |
|---|---|---|
| Demography | ||
| Land Area | : | 714 sqkm |
| Population | : | 5.9 million |
| Urban population rate | : |
100 percent
|
| Age clustering | ||
| Children below 5 yrs old | : | 5 percent |
| Youth 15-29 yrs old | : | 21 percent |
| Elderly over 65 years old | : | 9 percent |
| Active workforce 20-44 yrs old | : | 38 percent |
| Life expectancy | : | 82 years |
| Net enrollment in primary education | : | 100 percent |
| Adult literacy rate | : | 95.9 percent |
| Economy (as of 2011) | ||
| GDP | : | US$ 259.9 million |
| GDP per capita | : | US$ 50,130 |
| Inflation | : | 5.5 percent |
| FDI | : | US$ 63,997 million |
| Total trade | : | US$ 111.75 million |
| Tourist arrival | : | 13.2 million |
| Currency | : | Singapore dollar |
| Infrastructure (as of 2011) | ||
| International airports | : |
1 international airport
|
| Major sea ports | : |
2 major ports
|
| Road length | : |
3,412 square kilometers
|
| Paved network | : |
3,412 square kilometers
|
| Percentage of paved roads | : |
100 percent
|
| Vehicles per 1000 persons | : |
185
|
| Internet subscriber per 1000 persons | : |
750
|
| Cellphone per 1000 persons | : | 1,495 |
| Other Information | ||
| Languages | : | English and Mandarin are most commonly used. Although there are four official languages, namely: English, Chinese, Malay, and Tamil. National language is Bahasa Melayu |
| Race | : |
Chinese , Malays, Indians, Peranakans, and Eurasians
|
Note: Some figures may vary with figures in the AMS’ website due to different covered periods or record years. Quantitative data were culled from the ASEAN Secretariat Statistics Leaflet Year 2012.
