Economy of Singapore - Wikipedia
The economy of Singapore is a highly developed mixed market economy with dirigiste characteristics. [20] [21] [22] [23] Singapore's economy has been consistently ranked as the most open in the world, [24] the joint 4th-least corrupt, [25] and the most pro-business. [26]
Singapore Overview: Development news, research, data | World Bank
Singapore is a high-income economy built on a business-friendly regulatory environment and strong investments in infrastructure, education, healthcare, and public services. The city-state is among the world’s most competitive economies and …
Singapore Economic Outlook 2024-2025 - sourceofasia.com
2024年12月5日 · Singapore’s economy is positioned for moderate growth in 2024 and 2025, backed by robust manufacturing, trade-related services, and rising investments in technology. However, challenges such as geopolitical tensions and global economic slowdown loom large. The Ministry of Trade and Industry (MTI) projects GDP growth of 3.5% in 2024 and a narrower …
Singapore’s Economic Outlook for the Next 5 Years - ASEAN …
2024年10月21日 · Thanks to decades of targeted policies and actions, Singapore has become one of Asia’s largest and most dynamic economies. The Southeast Asian country has a GDP of US$525.228 billion, a young workforce, and over a million foreign talents working in the rapidly expanding working class.
Singapore - Overview :: Country/Economy Profile - Asian …
The economy rebounded in 2021, growing by 7.6% after the pandemic-induced 4.1% contraction in 2020. Manufacturing rose by 13.2%, while construction soared by 20.1%. Services expanded by 5.6% with all subsectors showing positive growth.
Asia’s Economic Powerhouse | Singapore GDP Growth | Singapore …
In just five decades, Singapore has emerged as one of the world’s most progressive economies, actively evolving our pro-business policies to keep pace with global developments. Our gross domestic product (GDP) per capita is the highest in the region.
Singapore’s growth should be sustained for the rest of 2024 from ...
2024年10月28日 · The Singapore economy has “strengthened decisively” in 3Q2024, underpinned by broadening recovery in the manufacturing sector, increased trading activity in the financial sector and the return of Chinese tourists.
DOS | SingStat Website - Singapore Economy - Base
An animated overview of the Singapore economy, presenting the latest GDP, growth and industry breakdown, latest data and partners in investments in Singapore and abroad, profile of enterprises, and latest data and partners in trade in goods and services.
Singapore sees 2024 GDP growth at upper half of forecast
2024年8月13日 · GDP grew 0.4% in the three months through June from the previous quarter. Compared with the year-ago, the economy expanded 2.9%. The outcome prompted the city-state to narrow its expectation for 2024 growth to come in at the upper half of the 1% - 3% range forecast previously.
Singapore | Economy Profile | Prosperity Data360
Data ranges from -3.9 to 14.52. Data Source: World Development Indicators | Download Dataset. For Regional and Income Group breakdowns, visit: World Bank Country and Lending Groups. Explore Singapore economic data on Prosperity Data360.
Why Singapore Is The One Of The Most Powerful Economies In …
2024年10月16日 · With a transparent economy, efficient public services and infrastructure, and globally-recognised currency as well as credit rating, Singapore is one of the world’s most influential and powerful economies in many respects.
8 things to look out for in 2025 | The Straits Times
3 天之前 · Singapore’s gig economy is set to undergo a major shift when the Platform Workers Act comes into force from Jan 1, 2025. Under the new law, which was passed in September 2024, ride-hailing ...
Singapore: Economy - globalEDGE
Singapore has been ranked as having the most open, least corrupt, and most pro-business economy in the world. Note: Top 3 trade partners are calculated by imports + exports. Click on a row to display its 5-year graph on the right. Note: GDP composition percentage may exceed 100.
The Singapore Economic System: An Analysis
Singapore boasts a highly developed free-market economy. Key sectors include manufacturing, particularly electronics and biotechnology, and a highly efficient and growing services sector. Known as a financial hub, it has strong banking, insurance, and asset management industries.
Singapore GDP - TRADING ECONOMICS
The Gross Domestic Product (GDP) in Singapore was worth 501.43 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Singapore represents 0.48 percent of the world economy.
Singapore: Macroeconomic Country Outlook - GlobalData
The Singapore economy grew by 7.6% in 2021. In Q1 2022, GDP rose above its pre-pandemic level, propelled by strong domestic demand and a rebound in tourism from the second half of 2021. GlobalData forecasts the real GDP to grow by 3.6% in 2022.
Singapore Economy, Politics and GDP Growth Summary - The …
Real GDP growth in 2024 is forecast to accelerate to 2.4%, as recovery of the electronics cycle continues. Singapore may be a more stable business environment compared to Hong Kong, but it still lags behind the latter in terms of financial market depth and level of access to China. Read more: Cabinet reshuffle signals stability in Singapore
What Actually Makes the Singapore Economy Work?
2024年11月27日 · Uncover the secrets behind Singapore's economic success. Learn how fiscal policies, key industries, and human capital make it a haven for entrepreneurs.
Singapore's prospects in turbulent times
4 天之前 · Singapore’s role as a “connector economy” will stand it in good stead. Singapore has done well in finding ways to refresh its standing as a global hub. Bold infrastructure projects in port and airport development are one example and regulatory innovations such as the introduction of the variable capital corporation show Singapore as a ...
Latest Singapore economy - The Straits Times
Singapore economy News - Find latest News & top stories about Singapore economy. Get more information about Singapore economy at straitstimes.com.
Singapore economy Latest News & Headlines - The Business Times
Singapore Singapore retail sales up 2.2% in October with mixed performance across industries. Of the 14 sectors, eight report year-on-year growth, with motor vehicles showing the strongest figures
Building The Future Of Singapore: How SMEs Will Continue To …
1 天前 · In Singapore, SMEs are officially defined as entities with at least 30% local shareholdings, group annual sales of not more than S$100 million, or a group employment size not exceeding 200 employees. By this standard, most …
A tale of two cities: Lessons from a US tech hub as Singapore revs …
2024年10月13日 · It may well be the best of times – Singapore has found a partner in the unlikeliest of places some 13,000 km away to power its digital economy aspirations. Seattle, Washington’s largest city, is the golden child of American innovation.