GENERAL OVERVIEW
Singapore is a city-state with the population of 5.6 million[1] in 2017. Despite its small area and limited natural resources, the economic performance of Singapore is outstanding in the ASEAN region. In 2017, its GDP amounted to USD 326 billion1. The GDP per capita was at USD 55,788, placing Singapore as number one in the ASEAN. The industrial and service sectors contribute to more than 80% of the GDP. There are four official languages used in Singapore: English, Chinese (Mandarin), Malay, and Tamil.
[1] Department of Statistics Singapore
