Download SINGAPORE

SINGAPORE
Fact sheets are updated biannually; June and December
General information
Capital:
Land area:
Official language(s):
Population:
Currency:
Singapore
700 sq km
Malay, Chinese (Mandarin), Tamil, English
5.5 million (2015)
Singapore dollar
Economic indicators (a)
GDP (US$b) (current prices)
GDP per capita (US$)
GDP PPP (Int'l $b)
GDP per capita PPP (Int'l $)
Real GDP growth (% change yoy)
Current account balance (% GDP)
Current account balance (US$b)
Inflation (% change yoy)
Unemployment (% labour force)
Head of State
President Dr Tony Tan Keng Yam
Head of Government
Prime Minister Mr Lee Hsien Loong
2011
2012
2013
2014
2015
2016
275.2
53,094.6
388.3
74,910.1
6.2
22.8
62.8
5.2
2.0
289.3
54,452.2
410.0
77,173.2
3.7
18.1
52.3
4.6
2.0
300.3
55,617.2
436.1
80,766.7
4.7
17.9
53.8
2.4
1.9
306.4
56,009.5
458.4
83,798.4
3.3
17.5
53.5
1.0
2.0
292.7
52,887.8
472.6
85,382.0
2.0
19.8
57.9
-0.5
1.9
296.6
53,053.3
486.9
87,082.0
1.7
19.3
57.3
-0.3
2.0
Australia's trade and investment relationship with Singapore (b)
Australian merchandise trade with Singapore, 2015-16 (A$m)
Exports to Singapore
5,415
Imports from Singapore
7,746
Total merchandise trade (exports + imports)
13,161
Major Australian exports, 2015-16 (A$m)
Gold
Crude petroleum
Refined petroleum
Animal oils & fats
1,196
533
294
265
Australia's trade in services with Singapore, 2015-16 (A$m)
Exports of services to Singapore
4,343
Imports of services from Singapore
5,380
Major Australian services exports, 2015-16 (A$m)
Professional, technical & other business
Personal travel excluding education
1,871
629
Total share
2.2%
2.9%
2.6%
Rank
11th
8th
11th
Major Australian imports, 2015-16 (A$m)
Refined petroleum
Edible products & preparations, nes
Computers
Musical instruments & parts
Total share
6.4%
6.9%
Rank
4th
3rd
Major Australian services imports, 2015-16 (A$m)
Transport
Professional, technical & other business
Australia's investment relationship with Singapore, 2015 (A$m)
Australia's investment in Singapore
Singapore's investment in Australia
Total
67,056
98,579
Growth (yoy)
-35.1%
-28.3%
-31.3%
3,943
613
506
135
Growth (yoy)
13.9%
6.8%
1,982
1,382
FDI
21,209
28,800
Singapore's global merchandise trade relationships
Singapore's principal export destinations, 2015
1 China
2 Hong Kong
3 Malaysia
11 Australia
13.8%
11.4%
10.9%
3.3%
Singapore's principal import sources, 2015
1 China
2 United States
3 Malaysia
22 Australia
14.2%
11.2%
11.1%
1.1%
Compiled by the Economic Diplomacy, Trade Advocacy & Statistics Section, DFAT, using the latest data from the ABS, the IMF and various international sources.
(a) Economic indicators data is from the IMF WEO where available, the EIU or other reputable source. Data may include forecasts or projections for recent years. GNI may be shown in lieu of GDP for countries where GDP data is unavailable.
(b) Merchandise trade data is based on published and unpublished ABS data. May exclude confidential items of trade. Totals may not add up due to rounding. Investment data is stocks as at end December.
All data may be subject to future revisions.
GDP - Gross Domestic Product PPP - Purchasing power parity GNI - Gross National Income na - Data is not available np - Data is not published .. - Data is not meaningful Primary - Primary goods STM - Simply transformed manufactures
ETM - Elaborately transformed manufactures Other - Other goods including non-monetary gold f.c.f. - Fresh, chilled or frozen nes - Not elsewhere specified