Paises_1900_Singapore

Singapore

  • Current population: 6 043 208
  • Current male population (50.4%)3 046 373
  • Current female population (49.6%) 2996 835
  • Labour force in 2018: 668.000
  • In 2017 Singapore imported $ 293 milliards, making it the 16th largest importer in the world
  • Its main imports are Integrated Circuits ($ 57.8 Billion), Oil Refining ($ 44.7 Billion), Crude Oil ($ 19.8 milliards), gold ($ 12.1 milliards) and computers ($ 7.1 milliards).
  • The main origins of its imports are China ($ 42.6 milliards), Malaysia ($ 35.7 milliards), Other Asian countries ($ 25.4 milliards), the United States ($ 24.3 Billion) and South Korea ($ 18.2 Billion).
  • The economy of Singapore is characterized by its excellent finances and a high degree of openness, being therefore very dependent on international trade
  • Its business environment is free, corruption is low, prices are stable, and its per capita income is higher than in many developed countries.
  • Its economy is very dependent on exports, particularly consumer electronics, pharmaceuticals, and a growing financial sector.
  • Singapore's economy grew 2.9% in 2018 and is projected to grow 2.5% in 2019 and 2.7% in 2020.
  • Singapore is one of the most important financial centers in Asia
  • Singapore is the second country for ease of doing business. Doing Business ranking, which classifies countries according to the ease they offer to do business.