SINGAPORE

Southeast Asia’s Tech and Finance Hub

#2

on the World Bank´s Ease of Doing Business Index.

ABOUT

Being the most developed country in the region, Singapore frequently leads global rankings on standard of living, ease of doing business and many other factors. The country has positioned itself as a regional hub for finance, technology and the services sector. A magnet for international talent, the country can be considered a bridge between East and West.

QUICK FACTS

Population 5.5 million
GDP $292.7 billion
GDP growth 2.1%
82%

Internet Penetration in 2015.

PROS CONS

+ Top-notch talent

+ Efficient administration

+ Numerous FTAs

– High cost of living

– Dependence on global markets

– Small domestic market

TOP EXPORTS

Electrical and electronic equipment

Mineral products

Chemical products

Optical and photo equipment

Plastics and rubber

Machinery

SINGAPORE INSIGHTS