Country explorer: Singapore
EXPERIMENTAL
2024
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Overview
Singapore is a urban, high-income island nation in Southeast Asia with a small population. Its economy has grown rapidly in recent decades, and is based on finance, biotechnology and tourism.
Singapore is known for its efficient public transportation system.
Economy
Singapore has demonstrated a resilient and growing economy, characterized by a notably high GDP per capita that outperforms many of its high-income peers, a consistently low unemployment rate, and managed inflation, highlighting its success in maintaining economic stability and prosperity.
Demographics
Singapore experienced significant demographic transformations evident through rapid population growth, substantial net migration inflows, persistently low fertility rates, and a steady increase in life expectancy, distinguishing it as a highly urbanized and globally integrated city-state with demographic challenges similar to those faced by other high-income territories.
Basic needs
Singapore has consistently ensured virtually 100% access to clean cooking fuels, electricity, safely managed drinking water, and sanitation facilities, illustrating its remarkable achievement in meeting basic needs, a feat that aligns it with the top performers globally and showcases its exceptional commitment to public health and welfare.
Human development
Singapore has showcased remarkable strides in human development, reflected by substantial improvements in its Human Development Index, a significant reduction in child mortality rate, an increase in literacy rate, and a noteworthy rise in learning-adjusted years of schooling, distinguishing it as a top performer among high-income countries in terms of rapid and multifaceted human development progress.
Environment & energy
Singapore has significantly reduced its per capita CO₂ emissions and improved its renewable energy production, but still faces substantial environmental challenges, including limited freshwater resources and a shrinking forest area, all while navigating the complexities of urban development.
Technology & innovation
Singapore has demonstrated a remarkable evolution in technology & innovation, characterized by increased Internet usage well above the global average, a saturated mobile phone market, notable advancements in research and development spending, and a significant output of scientific articles per million people, positioning it at the forefront of technological innovation alongside the world's most developed nations.
Culture & society
Singapore has seen a substantial rise in the share of its population born abroad, significant improvement in gender equality, a notable increase in life satisfaction, and a manageable shift in its age dependency ratio, distinguishing it as a dynamic, inclusive, and progressively contented society amidst rapid globalization and demographic changes.
Governance
Singapore has consistently excelled in governance metrics like rule of law and corruption perception, showcasing a unique blend of high governmental efficiency and lesser political and press freedoms compared to other high-income countries.