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Asia


Demography

Capital: Singapore
Currency: Singapore dollar
Population: 6.1 milion
Population density: 8.2/km2

Conventions

Numbering system
Arabic numerals and point as decimal separator and comma as a separator of thousands .

Date format: yyyy-mm-dd/dd-mm-yyyy
Time: 24h time system
Country code: 0065

Economy

GDP: 603.87 billion USD (2025)
GDP per capita: 98,814 USD ‎(2025) ‎
Exports: 331 billion USD (2024)
Imports: 432 billion USD (2024)

T-index
2.8%

T-Index ranks countries according to their potential for online sales.

Statistics

Internet users: 98.4% penetration, 5.78 million
Unemployment rate: 2.8% (2025)
Urbanisation: 100% (2025)
Global Innovation Index: 5th out of 139 countries worldwide

Literacy: 98% (2021)

Language data sources: Worldatlas/Britannica//EF/Wikipedia; Demography data sources: IMF/Worldometers; Conventions data source: Wikipedia; Economy data sources: WTO/OEC/CIA/Esomar/Datareportal; Statistics data sources: Datareportal/WorldBank/UN/UNESCO/CEIC/IMF/Culturalatlas/Commisceoglobal

If you need other information, below you can find a selection of economic/social/cultural data


GDP
603.87 billion USD (2025)

Trade – Economic Complexity Index
Ranked 6th out of 130 countries

The Economic Complexity Index (ECI) measures the sophistication and diversity of a country’s exports.

Product Imports
$432 billion (2024)

Service Imports
$384.79 billion (2025)

Market Growth Imports
5.7% of annual growth (2025)

Financial inclusion factors (over 15 years of  age)
• 97.8% have an account with a financial institution
• 41.7% have a credit card
• 91% make digital payment

Active E-commerce
33,261 active stores

GDP Growth (annual %)
5%

GDP per Capita
$98,814 ‎(2025) ‎

Product Exports
$331 billion (2024)

Service Exports
$422.35 billion (2025)

Market Growth Exports
10.8% of annual growth (2025)

Main online stores
Amazon, AliExpress, Shopee, Lazada (including RedMart), NTUC FairPrice, Carousell, Love, Bonito, Zalora, iHerb

Global Startup Ecosystem Index
Singapore ranked 4th out of 100 countries, 24.4% of annual ecosystem growth

The Global Startup Ecosystem Index ranks countries and by the strength of their startup ecosystems. It evaluates factors such as startup activity, ecosystem quality, and the business environment for entrepreneurship.

Economy data sources: WTO/OEC/CIA/Esomar/Datareportal


Trade balance of goods from 2013 to 2025

Source: Statista

Perception of products made in selected countries in 2017

Source: Statista

Which attributes do you associate with products made in Singapore

Source: Statista

Foreign direct investment, net inflows (% of GDP)

Source: WorldBank


T-index

T-index

Reach most of the online purchasing power

T-Index ranks countries according to their potential for online sales. It estimates the market share of each country in relation to global e-commerce.

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Media data source: Globalmedialist


Internet users
98.4% penetration, 5.78 million

Share of web traffic by device
42.50% mobile phones, 56.82% computers (laptops and desktops), 0.68% tablet devices and 0% other devices

Median speed of mobile Internet connection
164.75 Mbps (Download)
20.30 Mbps (Upload)

Median speed of fixed Internet connection
394.30 Mbps (Download)
289.69 Mbps (Upload)

Mobile connection as a percentage of total population: 166%

Most popular web search engines
Google (94.87%), Bing (2.58%), Yahoo! (0.89%), Yandex (0.71%), DuckDuckGo (0.58%), Baidu (0.20%), Naver (0.09%), Others (0.08%)

Share of AI web traffic referrals
ChatGPT (76.38%), Perplexity (8.46%), Microsoft Copilot (5.41%), DeepSeek (5.00%), Google Gemini (3.87%), Claude (0.87%), Others (0.01%)

Most used social media
WhatsApp (81.3%), Facebook (72.0%), YouTube (71.6%), Instagram (65.9%), TikTok (56.5%), Telegram (45.9%), Messenger (38.5%), LinkedIn (37.3%), WeChat (28.5%), X (25.2%), Reddit (24.4%), Pinterest (21.9%), Xiaohongshu (21.3%), iMessage (19.8%), LINE (17.3%)

Percentage of mobile connections that are broadband (3G-5G): 99.3%

Internet data sources: Datareportal/Statcounter


Life expectancy
83 yrs (2024)

Current health expenditure
4.49% of GDP

Current education expenditure
91.8% of total expenditure in public institutions

CO2 emissions
9.62 metric tons per capita

Corruption perceptions Index
Singapore scored 84 out of 100, ranked 3 out 182 countries worldwide.

The Corruption Perceptions Index (CPI) ranks countries by perceived levels of public sector corruption. It is based on expert assessments and business surveys, with higher scores indicating lower perceived corruption.

Religion
Buddhist (31.1%), None (20.0%), Christian (18.9%), Muslim (15.6%), Taoist (8.8%), Hindu (5.0%)

Ethnicity
Chinese (74.2%), Malay (13.7%), Indian (8.9%), Other (3.2%)

World Happiness Index
Singapore ranked 36 out of 147 countries, with a score of 6.585

The World Happiness Index ranks countries by people’s self-reported life satisfaction. It also considers factors like income, health, social support, freedom, and trust.

Social statistics sources: WorldBank/UN/UNESCO/CEIC/IMF/World Population Review



R&D Expenditure
1.81% of GDP

World Competitiveness Ranking
Singapore ranked 1st out of 70 countries, with a score of 100

The World Competitiveness Ranking measures how well countries create an environment that supports business performance and long-term prosperity.
It evaluates factors such as economic performance, government efficiency, business efficiency, and infrastructure.

World Digital Competitiveness Ranking
Singapore ranked 3rd out of 69 countries, with a score of 98.18

The World Digital Competitiveness Ranking measures how well countries adopt and develop digital technologies to drive economic transformation.
It assesses factors such as knowledge, technology, and future readiness.

Technology – Economic Complexity Index
Ranked 37th out of 97 countries

Research – Economic Complexity Index
Ranked 40th out of 138 countries

The Economic Complexity Index (ECI) measures the sophistication and diversity of a country’s exports.

Global Innovation Index
Ranked 2nd out of 17 South East Asian countries, and 5th out of 139 worldwide.

The Global Innovation Index captures the innovation
ecosystem performance of 139 economies and tracks the most recent global innovation trends.

Research & Development sources: WorldBank/OEC/Wipo/IMD


Singapore is a relatively new country, officially becoming independent on August 9, 1965, after separating from Malaysia. This modern metropolis has transformed remarkably from a low-income nation to a high-income state, boasting one of the world’s largest GDP growth rates. After British colonial rule ended in 1963, Singapore joined the Federation of Malaysia. However, due to political and economic differences, the union dissolved two years later. Malaysia chose to break ties, leaving Singapore to continue as an independent state. Despite these challenges, Singapore has made significant strides in development and prosperity.

Additionally…

  • Since 1905, Singapore has changed its time zones six times. It currently follows GMT+8 to align with Malaysia, though it technically should be GMT+7.5.
  • Singapore, one of the world’s 20 smallest countries, has a main island 42 km long and 23 km wide, totaling just 683 square kilometers.
  • The Tanjong Pagar Centre, opened in 2016, is Singapore’s tallest building at 290 meters, exceeding the usual 280-meter height limit by special permission.
  • Sang Nila Utama, a Palembang prince, named the island Singapura, meaning ‘lion city’ in Sanskrit, after mistakenly thinking he saw a lion there.
  • According to the World Bank, Singapore is the second easiest place to do business after New Zealand.
  • Singapore is one of only three modern city-states, alongside Monaco and the Vatican.
  • Singapore is the world’s fifth largest arms importer (Stockholm International Peace Research Institute).
  • With over 3000 kilometers of roads, Singapore’s road network could stretch the distance between Singapore and Hong Kong.
  • Singapore’s passport is the world’s most powerful, offering visa-free access to 193 countries (Henley Passport Index).
  • Singapore is the world’s most expensive city, driven by its booming business environment.

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