Economy of Singapore

Imports
Imports commoditiesmachinery and equipment, mineral fuels, chemicals, foodstuffs, consumer goods
Import partnersMalaysia 10.6%, China 10.3%, US 10.2%, South Korea 6.8%, Japan 6.2%, Indonesia 5.3%, Saudi Arabia 4.5%, UAE 4.1% (2012)
Exports
Exports commoditiesmachinery and equipment (including electronics and telecommunications), pharmaceuticals and other chemicals, refined petroleum products
Export partnersMalaysia 12.3%, Hong Kong 10.9%, China 10.8%, Indonesia 10.6%, US 5.5%, Japan 4.6%, Australia 4.2%, South Korea 4% (2012)
Economy sectors
Agriculture productsorchids, vegetables; poultry, eggs; fish, ornamental fish
Industrial productselectronics, 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
Economy
Unemployment1.90 % (2013)1.90 % (2012)2.00 % (2011)
Unemployment of Singapore
GDP - Official Exchange Rate296 Billion $ (2013)273 Billion $ (2012)274 Billion $ (2011)
GDP - Official Exchange Rate of Singapore
GDP growth rate4.10 % (2013)1.30 % (2012)4.90 % (2011)
GDP growth rate of Singapore
GDP per Capita (PPP)62,400 $ (2013)60,800 $ (2012)60,700 $ (2011)
GDP per Capita (PPP) of Singapore
GDP - Purchasing Power Parity339 Billion $ (2013)323 Billion $ (2012)320 Billion $ (2011)
GDP - Purchasing Power Parity of Singapore
GDP PPP per land area486 Million $ per square kilometer (2013)463 Million $ per square kilometer (2012)459 Million $ per square kilometer (2011)
GDP PPP per land area of Singapore
ElectricityBanking
Central bank discount rate0.00 % (2010)0.27 % (2009)
Commercial bank prime lending rate5.38 % (2013)5.38 % (2012)5.38 % (2011)
Commercial bank prime lending rate of Singapore
GDP decomposition by sector
Industry % of GDP29.4 % (2013)26.8 % (2012)
Services % of GDP70.6 % (2013)73.2 % (2012)
Tourism
International tourism, number of arrivals11.1 Million (2012)10.4 Million (2011)9.16 Million (2010)
International tourism, number of arrivals of Singapore
International tourism, number of departures8.05 Million (2012)7.75 Million (2011)7.34 Million (2010)
International tourism, number of departures of Singapore
Yearly Tourist arrivals to residents ratio207 % (2012)219 % (2011)180 % (2010)
Yearly Tourist arrivals to residents ratio of Singapore
Debt, Current Account Balance and Budget Deficit
Public debt (Percentage of GDP)106 % of GDP (2013)111 % of GDP (2012)118 % of GDP (2011)
Public debt (Percentage of GDP) of Singapore
Current Account Balance (Percentage of GDP)17.9 % of GDP (2012)23.8 % of GDP (2011)26.2 % of GDP (2010)
Current Account Balance (Percentage of GDP) of Singapore
Current Account Balance (Total)54.4 Billion $ (2013)51.4 Billion $ (2012)50.2 Billion $ (2011)
Current Account Balance (Total) of Singapore
External Debt (Total)1.17 Trillion $ (2012)23.6 Billion $ (2011)21.8 Billion $ (2010)
External Debt (Total) of Singapore
External Debt (Percentage of GDP)430 % of GDP (2012)8.62 % of GDP (2011)9.80 % of GDP (2010)
External Debt (Percentage of GDP) of Singapore
External Debt per Capita219 Thousand $ (2012)4,982 $ (2011)4,298 $ (2010)
External Debt per Capita of Singapore