Singapore FlagSingapore

Onward, Singapore

 

General


Population: 5,567,301 (2014), 5,460,302 (2013)
Land Area: 692,7 sq km
Natural Resources: Fish, deep water ports
Capital: Singapore
Political System: Parliamentary Republic
State Leader: Tony Tan Keng Yam (September 1st 2011)
Head of Government: Lee Hsien Loong (August 12th 2004)
Languages: Mandarin, English, Malay, Hokkien, Cantonese, Teochew, Tamil
Currency: Singapore Dollar (SGD)
Major Religions: Buddhist 42.5%, Muslim 14.9%, Taoist 8.5%, Hindu 4%, Catholic 4.8%, Other Christian 9.8%, Other 0.7%, None 14.8%
Major Ethnicities: Chinese 76.8%, Malay 13.9%, Indian 7.9%, Other 1.4%
Life Expectancy: 84.38 years (2014), 84.07 years (2013)

Economy


GDP Official Exchange Rate: 295.7 billion (2013), 276.5 billion (2012)
GDP Purchasing Power Parity: 339 billion (2013), 331.9 billion (2012)
GDP Per Capita (PPP): 62,400 (2013), 61,400 (2012)
GDP Growth Rate: 4.1% (2013), 1.3% (2012)
GDP Structure: Agriculture 0%, Industry 29.4%, Services 70.6% (2013)
Labour Force By Occupation: Agriculture 1.3%, Industry 18.6%, Services 80.1% (2013)
Industries: Electronics, chemicals, financial services, oil drilling equipment, petroleum refining, rubber processing and rubber products, processed food and beverages, ship repair, offshore platform, construction, life sciences, entrepot trade
Agriculture Products: Rubber, copra, fruit, orchids, vegetables; poultry eggs; fish, ornamental fish
Human Development Index: 0.901 (9th)(2014), 0.895 (18th)(2013)
Tourism Revenue: 4.93 billion (2002)
Unemployment Rate: 1.9% (2013), 1.9% (2012)

MilitarySingapore Map


Army Size: 72 500 (2004)
Budget: 4.9% of GDP (2005)

Current Situation

 

Singapore is located in South Asia. Singapore is bordered by Malaysia. Singapore has a very strong economy with a very high growth rate, however it is depended on foreign goods passing through its port installations and thus is subject to slower economic activity during a recession. Singapore is one of the busiest ports in the world. The manufacturing sector is also very developed with electronics being the largest contributor.

(2014) Singapore's economy returned to strong growth in 2013 and this thrend should continue as the world economy continues to recover.

Thoughts & Comments

 

Sources

CIA World Factbook: Singapore
Wikipedia: Singapore
http://hdrstats.undp.org/en/countries/profiles/SGP.html

Updated on: December 23rd, 2014