Singaporean economy

GPTKB entity

Statements (49)
Predicate Object
gptkbp:instanceOf gptkb:business
gptkbp:country gptkb:Singapore
gptkbp:currency Singapore dollar
gptkbp:ease_of_doing_business_rank consistently top 3 globally
gptkbp:economic_system highly developed free-market economy
gptkbp:foreign_reserves US$288 billion (2023 est.)
gptkbp:GDP US$466 billion (2023 est.)
gptkbp:GDP_per_capita_(nominal) US$82,807 (2023 est.)
gptkbp:global_financial_center yes
gptkbp:government_intervention significant in housing and selected sectors
gptkbp:homeport Port of Singapore
https://www.w3.org/2000/01/rdf-schema#label Singaporean economy
gptkbp:inflation_rate 4.8% (2023 est.)
gptkbp:labor_force 3.7 million (2023 est.)
gptkbp:mainExports electronics
pharmaceuticals
chemicals
machinery and equipment
gptkbp:mainImports gptkb:food
chemicals
machinery and equipment
mineral fuels
gptkbp:mainIndustry biomedical sciences
electronics
financial services
logistics
tourism
chemicals
petroleum refining
gptkbp:major_stock_exchange gptkb:Singapore_Exchange_(SGX)
gptkbp:notablePolicy export-oriented industrialization
attracting foreign direct investment
focus on education and skills
pro-business environment
public housing ownership
gptkbp:poverty_rate very low
gptkbp:rank_in_GDP_per_capita_(nominal) among highest in the world
gptkbp:sovereign_wealth_funds gptkb:Temasek_Holdings
gptkb:GIC
gptkbp:tax_system gptkb:Goods_and_Services_Tax_(GST)
low corporate tax rates
gptkbp:tradedOn gptkb:China
gptkb:European_Union
gptkb:Hong_Kong
gptkb:Malaysia
gptkb:United_States
gptkbp:unemploymentRate 2.0% (2023 est.)
gptkbp:bfsParent gptkb:Arab_Singaporeans
gptkbp:bfsLayer 7