Singapore is a competitive and resilient first-world economy with a high standard of living, and as such, has long been the Asian base for Global businesses.
In 2018, the World Bank reported 100% primary school admissions, a life expectancy of 83 and a GNI per capita of USD 59,590. In the October 2019 World Economic Forum’s Global Competitiveness Report, Singapore scored 85 points out of a possible 100, placing it above the United States, Hong Kong, the Netherlands and Switzerland in the top five. In June 2020, Singapore retained its number 1 spot in the IMD World Competitiveness Ranking. Developments in technology, finance, engineering, and sustainability have led Singapore to be the head office for many Asian companies. You know what Singapore offers. This resource will provide more information to support your decision-making to set up your business, office or Asia regional hub.
GDP growth (2019)***