Singapore has many accolades pegged to its brand, bolstering the Republic’s reputation as a key regional and global hub for companies to do business. Discover key facts and rankings about Singapore today.


The Government
Singapore is a republic with a Parliamentary system of government based on the Westminster model.
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The structure of the state is made up of the following:

The Executive

Head of State and Cabinet Head of State: Dr Tony Tan Keng Yam became the third Elected President on 1 September 2011. The President is elected for a fixed term of 6 years.

Led by the Prime Minister, Mr Lee Hsien Loong (since 12 Aug 2004), Parliament is elected by general election every five years. The first sitting of Parliament was held on 8 Dec 1965. The first general election for Parliament was held on 13 Apr 1968.

The Judiciary - The Supreme Court and the Subordinate Courts
The Judiciary is one of the three constitutional pillars of government, along with the Legislature and the Executive. As an Organ of State, the Judiciary's function is to administer justice independently.


The people of Singapore are largely descendants of immigrants from the Malay Peninsula, China and the Indian sub-continent.
Total Population1('000) 5,469.7
Resident Population1('000) 3,870.7
Resident Population Growth 1.3% per annum
Population Density (per Sq Km) 7,615
Official Languages English (language of administration), Mandarin, Malay & Tamil
Main Religions Buddhism, Islam, Christianity, Taoism, Hinduism

Source: Department of Statistics Singapore

1 Total population comprises Singapore residents and non-residents. The resident population comprises Singapore citizens and permanent residents.


Gross Domestic Products (GDP) in 2014
The country's standard of living in 2014

Gross domestic product (GDP) is the market value of all officially recognized final goods and services produced within a country in a given period. GDP per capita is often considered an indicator of a country's standard of living; GDP per capita is not a measure of personal income. 

Gross Domestic Product (GDP) in 2014 Index
GDP at current market price ($m) 390,089.1
Per capita Gross National Income1 ($) 69,168
Money Supply2(M1) ($ million) 160,228.3
Official Foreign Reserves at end of year ($ million) 340,438.1

Source: Department of Statistics Singapore

1 At current market prices
2 Refers to currency in active circulation and demand deposits of private sector at end of year.

Trade 2014
The country's trade, import and export figures

Singapore's trade, import and export figures for the Year 2014

Trade (2014) Index
Total trade ($m) 982,701.9
Total imports ($m) 463,779.1
Total exports ($m) 518,922.7

Source: Department of Statistics Singapore

Productivity and Inflation 2014
Annual Growth in Labour Productivity and Inflation Rate

Labour productivity and annual inflation rate of the nation

Productivity and Inflation (2014) Index
Annual Growth in Labour Productivity (%) -0.8
Annual inflation Rate (%) 1.0
Manufacturing 2014
Statistics on the manufacturing sector of Singapore

Statistics on the manufacturing sector are collected and compiled by the Research and Statistics Unit of the Economic Development Board.

Manufacturing (2014) Index
Total Output1($m) 303,889
Investment Commitments in manufacturing & Services (Fixed Assets Investments) 11,840.2
Foreign Investments ($m) 9,898.0

Source: Department of Statistics Singapore

1 Classified according to Singapore Standard Industrial Classification (SSIC) 2010. Refers to all manufacturing establishments.


Investment Commitments in Manufacturing1 and Services by Industry Cluster
  2011 2012 2013 2014
  Fixed Asset Investments (Million Dollars)
TOTAL 13,734.3 16,007.8 12,135.2 11,840.2
   Manufacturing 11,274.3 14,299.4 7,956.8 6,762.4
      Electronics 7,384.4 6,239.4 3,264.1 1,651.8
      Chemicals 2,523.8 6,678.3 2,508.5 2,635.8
      Biomedical Manufacturing 196.6 315.9 806.5 750.2
      Precision Engineering 669.7 359.6 587.6 327.9
      Transport Engineering 423.7 579.1 696.5 840.1
      General Manufacturing Industries 76.1 127.1 93.6 556.6
   Services Clusters 2,460.0 1,708.4 4,178.4 5,077.8

1 Including servicing, engineering and R&D.
Note:  The industries are classified according to SSIC 2010.

For the figures from 2006 onwards, please download here (excel, 14kb)

Investment Commitments in Manufacturing1 and Services by Country of Origin
  2011 2012 2013 2014
  Fixed Asset Investments (Million Dollars)
TOTAL 13,734.3 16,007.8 12,135.2 11,840.2
   Local 1,875.4 1,837.5 3,144.6 1,942.2
   Foreign 11,858.9 14,170.3 8,990.6 9,898.0
      United States 5,047.4 5,654.5 3,725.4 1,838.4
      Europe 2,131.9 3,134.3 3,281.2 3,117.8
      Japan 995.0 967.8 670.4 317.2
      Asia Pacific & Others 3,684.6 4,413.7 1,313.6 4,624.6

1  Including servicing, engineering and R&D.

For the figures from 2006 onwards, please download here (excel, 14kb)


Employment 2014
Employment (2014) Index
Labour Force ('000) 3,623.9
Unemployment rate*(% of labour force) 1.9
Labour force participation rate* *(%) 66.7
Males 75.8
Females 58.1

Source: Department of Statistics Singapore

* Seasonally adjusted (quarterly)
* * As at June, based on the population aged 15 and above

Central Provident Fund (CPF)
The Central Provident Fund is a compulsory social security savings scheme that employers and employees contribute to. It is applicable only to Singapore citizens and Permanent Residents.
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CPF is meant to take care of workers’ financial needs at retirement as well as other areas such as healthcare, home ownership, investment and medical insurance. There are 3.59 million CPF members and the CPF balance stood at $275,363.9 million (as of December 2014)
(source: Central Provident Fund Board)

Wage Policies
The National Wages Council was set up to formulate wage guidelines to be in line with long-term economic growth for the Singapore government.
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The National Wages Council is made up of representatives from the government, employers groups & trade unions. The council advises the government on wage policies, and issues guidelines that are in line with long term economic objectives . There are 70 registered employees' trade unions and three employer unions and a federation of employee trade union, also known as the National Trade Union Congress (NTUC). NTUC works closely with the government and business sector to look after workers' interests.


Literacy and Education

The main language of instruction in Singapore is English, which was officially designated the first language within the local education system in 1987

Literacy and Education (2014) Index
Literacy rate*(%) 96.7
Secondary or higher qualifications* *(%) 69.5
Mean Years of Schooling (Yrs)* * 10.6

Source: Department of Statistics Singapore

* Based on the population aged 15 years and above
* * Based on the population of non-students aged 25 years and above


Transport and Communications
Transport and Communications (2014) Index
Sea Cargo Handled (Million tonnes) 580.8
Air Cargo Handled* 1,853.8
International Telephone Call Minutes (Million) 18,159.9

Source: Department of Statistics Singapore

* Refers to Changi Airport only

Services and Tourism
Services and Tourism (2014)
Visitor arrivals*('000) 15,086.8
Hotel occupancy* *(%) 85.3

Source: Department of Statistics Singapore

* Not including land arrivals from Malaysia
* * Data under the column for '% change (y-0-y)' refer to percentage point change

Airport Statistics
Airport Statistics (2014) Index
Total number of airlines served More than 100
Connects Singapore 320 cities in about 80 countries
Number of flights per week 6,600

Source: Changi Airport Group

Mobile Penetration
Mobile Penetration (2014) Index
Mobile Penetration 148%
3G Mobile Subscriptions 4,608,800

Source: IDA POI

Note: "Mobile Phone Penetration" is computed using the total number of mobile subscriptions divided by the total population.

Broadband Internet Subscriptions
Broadband Internet Subscriptions (2014) Index
Corporate Wired Broadband Subscriptions 106,500
Residential Wired Broadband Subscriptions 1,347,500
Wireless Broadband Subscriptions 10,083,300

Source: IDA POI


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