Economy of Singapore
Economy of Singapore
Currency
Singapore dollar (SGD)
Fiscal year
1 April - 31 March
Trade
organisations
WTO, APEC
Statistics
GDP
$240 billion (2008 est.)
GDP growth
1.2% (2008)
GDP per capita $52,000 (2008 est.)
GDP by sector
agriculture: 0%, industry: 33.2%,
services: 66.8% (2008 est.)
Inflation (CPI)
4.3% (2008)
Population
below poverty
line
N/A
Labour force
2.96 million (2008 est.)
Labour force
by occupation
manufacturing 18%, construction 6%,
transportation and communication 11%,
financial, business, and other services
39%, other 26% (2003)
Unemployment 2.3% (2008 est.)
Main
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
External
Exports
$235.8 billion f.o.b. (2008 est.)
Export goods
machinery and equipment (including
electronics), consumer goods,
chemicals, mineral fuels
Main export
partners
Malaysia 12.9%, Hong Kong 10.5%,
Indonesia 9.8%, China 9.7%, US 8.9%,
Japan 4.8%, Thailand 4.1% (2008)
Imports
$219.5 billion (2008 est.)
Import goods
machinery and equipment, mineral
fuels, chemicals, foodstuffs
Main import
partners
Malaysia 13.1%, US 12.5%, China
12.1%, Japan 8.2%, Taiwan 5.9%,
Indonesia 5.6%, South Korea 4.9%
(2008)
Public finances
Public Debt
10.5 % of real GDP (31 December 2008
est.)
Revenues
$28.6 billion (2008 est.)
Expenses
$27.5 billion (2008 est.)
Economic aid
none
Main data source: CIA World Fact Book
All values, unless otherwise stated, are in US dollars
Life in Singapore
Culture
Dance
Demographics
Driving
Economy
Education
Film
Holidays
Languages
Literature
Music
Politics
Religion
Singlish
Sports
Transport
The economy of Singapore is a highly de-
veloped capitalist mixed economy. While gov-
ernment intervention is kept at a minimum,
From Wikipedia, the free encyclopedia
Economy of Singapore
1
Year Gross Domestic Product ($ millions)
US Dollar Exchange
1980
25,117
2.14 Singapore