Asia · South-Eastern Asia

Singapore

Republic of Singapore · World’s #27 economy

Nominal GDP 2025
$604 billion
Population 2025
6.1 million
GDP per capita
$98,814
GDP growth 2025
5.0%
Flag of Singapore

Overview

Official name
Republic of Singapore
Capital
Singapore
Region
Asia · South-Eastern Asia
Area
710 km²
Coordinates
1.37, 103.80
Languages
English, Malay, Tamil, Chinese
Currency
Singapore dollar (SGD $)
Calling code · domain
+65 · .sg .新加坡 .சிங்கப்பூர்
ISO codes
SG / SGP

Map

Indonesia · $1.45 trillion Malaysia · $472 billion Singapore · $604 billion
Click a neighbouring country to open its profile. Illustrative map; not a statement on borders.

Demographics

Population6.1 million2025
Population growth1.22%2025
Urban population100.0%2025
Population density8,241.9 people/km²2023
Life expectancy83.3 years2024
Adult literacy97.7%2021

Age structure (2025)

0–14: 11.7%15–64: 74.1%65+: 14.2%

Macroeconomy

Nominal GDP$604 billion2025
Real GDP growth5.0%2025
GDP per capita$98,8142025
GDP per capita (PPP)$150,6892024
GNI (PPP)$830 billion2025
Inflation (CPI)0.9%2025
Unemployment2.8%2025
Industry, % of GDP22.7%2025
Exports, % of GDP177.9%2025
Imports, % of GDP142.5%2025
Merchandise exports$567 billion2025
Merchandise imports$506 billion2025
FDI net inflows$135 billion2024

Singapore ranks #27 in the world by nominal GDP (2025). Full ranking →

Business environment & logistics (micro)

Logistics Performance Index4.30 / 52022
Import clearance time2.0 days2018
Total tax rate (% of profit)20.3%2017
Land area718 km²2023

The Logistics Performance Index (LPI) and import clearance time are published by the World Bank per survey round; total tax rate comes from the discontinued Doing Business data (2020).

Provinces, states & regions (5)

District: 5

  • Central Singapore SG-01
  • North East SG-02
  • North West SG-03
  • South East SG-04
  • South West SG-05

Source: ISO 3166-2 (Debian iso-codes)

Seaports & logistics

PortHarbour sizeHarbour typeCargo pier depthTEU
Keppel - (East Singapore) SGKEPLargecoastal (natural)14.0 m41.12 m TEU
Jurong Island SGJURLargecoastal (natural)17.1 m—
Pulau Bukom SGPUBMediumopen roadstead9.4 m—
Pulau Sebarok SGSEBSmallopen roadstead11.0 m—
Serangoon HarborVery smallcoastal (natural)12.5 m—

5 ports of this country in the World Port Index, ranked by scale (container throughput, harbour size, depth).

International shipping →

FTAs & trade blocs

Vietnam and Singapore share 9 FTA(s) – goods meeting the rules of origin enjoy preferential duties:

Bloc membership

Membership compiled as of October 2026 (full members); check each bloc’s official site for legal precision.

Trade agreements in force (31)

Singapore is party to 31 regional/bilateral trade agreements in force (per the WTO). Agreements with a “Preferential rates” button are FTAs that Vietnam is also party to.

AgreementType / coverageIn forcePartners
Pacific Alliance - Singapore In force for some parties FTA & EIA
Goods & Services
3 May 2025 ChileColombiaMexicoPeru
CPTPP - Accession of the United Kingdom Preferential rates FTA & EIA
Goods & Services
15 Dec 2024 AustraliaBruneiCanadaChileJapanMalaysiaMexicoNew ZealandPeruVietnam +1
Regional Comprehensive Economic Partnership (RCEP) Preferential rates Not in WTO database
Entry into force differs by party (1 January 2022 for the first group, later for Korea, Malaysia, Indonesia and the Philippines).
FTA
Goods & Services
1 Jan 2022 BruneiCambodiaIndonesiaLaosMalaysiaMyanmarPhilippinesThailandVietnamAustralia +4
ASEAN Trade in Services Agreement (ATISA) Preferential rates In force for some parties EIA
Services
5 Apr 2021 BruneiMyanmarCambodiaIndonesiaLaosMalaysiaPhilippinesVietnamThailand
United Kingdom - Singapore FTA & EIA
Goods & Services
1 Jan 2021 United Kingdom United Kingdom
EU - Singapore FTA & EIA
Goods & Services
21 Nov 2019 AustriaBelgiumBulgariaCroatiaCyprusCzechiaDenmarkEstoniaFinlandFrance +17
ASEAN - Hong Kong, China Preferential rates FTA & EIA
Goods & Services
11 Jun 2019 Hong KongBruneiCambodiaIndonesiaLaosMalaysiaMyanmarPhilippinesThailandVietnam
Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) Preferential rates FTA & EIA
Goods & Services
30 Dec 2018 AustraliaBruneiCanadaChileJapanMalaysiaMexicoNew ZealandPeruVietnam +1
Türkiye - Singapore FTA & EIA
Goods & Services
1 Oct 2017 Türkiye Türkiye
Singapore - Chinese Taipei FTA & EIA
Goods & Services
19 Apr 2014 Taiwan Taiwan
GCC - Singapore FTA & EIA
Goods & Services
1 Sep 2013 BahrainKuwaitOmanQatarSaudi ArabiaUnited Arab Emirates
Costa Rica - Singapore FTA & EIA
Goods & Services
1 Jul 2013 Costa Rica Costa Rica
ASEAN Free Trade Area (AFTA) Preferential rates FTA & EIA
Goods & Services
17 May 2010 BruneiMyanmarCambodiaIndonesiaLaosMalaysiaPhilippinesVietnamThailand
ASEAN - Australia - New Zealand Preferential rates FTA & EIA
Goods & Services
1 Jan 2010 AustraliaNew ZealandBruneiCambodiaIndonesiaLaosMalaysiaMyanmarPhilippinesThailand +1
ASEAN - India Preferential rates FTA & EIA
Goods & Services
1 Jan 2010 IndiaBruneiCambodiaIndonesiaLaosMalaysiaMyanmarPhilippinesThailandVietnam
ASEAN - Korea, Republic of Preferential rates FTA & EIA
Goods & Services
1 Jan 2010 South KoreaBruneiCambodiaIndonesiaLaosMalaysiaMyanmarPhilippinesThailandVietnam
Peru - Singapore FTA & EIA
Goods & Services
1 Aug 2009 Peru Peru
China - Singapore FTA & EIA
Goods & Services
1 Jan 2009 China China
ASEAN - Japan Preferential rates FTA & EIA
Goods & Services
1 Dec 2008 JapanBruneiCambodiaIndonesiaLaosMalaysiaMyanmarPhilippinesThailandVietnam
Panama - Singapore FTA & EIA
Goods & Services
24 Jul 2006 Panama Panama
Trans-Pacific Strategic Economic Partnership FTA & EIA
Goods & Services
28 May 2006 BruneiChileNew Zealand Brunei, Chile, New Zealand
Korea, Republic of - Singapore FTA & EIA
Goods & Services
2 Mar 2006 South Korea South Korea
Jordan - Singapore FTA & EIA
Goods & Services
22 Aug 2005 Jordan Jordan
India - Singapore FTA & EIA
Goods & Services
1 Aug 2005 India India
ASEAN - China Preferential rates FTA & EIA
Goods & Services
1 Jan 2005 ChinaBruneiCambodiaIndonesiaLaosMalaysiaMyanmarPhilippinesThailandVietnam
United States - Singapore FTA & EIA
Goods & Services
1 Jan 2004 United States United States
Singapore - Australia FTA & EIA
Goods & Services
28 Jul 2003 Australia Australia
EFTA - Singapore FTA & EIA
Goods & Services
1 Jan 2003 IcelandLiechtensteinNorwaySwitzerland
Japan - Singapore FTA & EIA
Goods & Services
30 Nov 2002 Japan Japan
New Zealand - Singapore FTA & EIA
Goods & Services
1 Jan 2001 New Zealand New Zealand
Global System of Trade Preferences among Developing Countries (GSTP) PSA
Goods
19 Apr 1989 AlgeriaArgentinaBangladeshBoliviaBrazilMyanmarCameroonSri LankaChileColombia +31

Source: WTO Regional Trade Agreements Database (retrieved 14 Oct 2026) plus additional agreements maintained by the administrator. Lists agreements notified to the WTO and in force.

Import regulations

  • Imports bear 9% GST; declared through TradeNet. ATIGA, CPTPP, RCEP preferences.
  • Structural steel for buildings must meet BCA's BC1 (manufacturer classes, material certification).

Singapore Customs ↗

Look up the importing country's duties, technical rules and procedures on the Global Trade Helpdesk (ITC/UNCTAD/WTO), Market Access Map (ITC) and WTO Tariff & Trade Data. Check Vietnam's FTAs with the importing country for preferential rates with valid proof of origin.

Global Trade Helpdesk ↗Market Access Map ↗WTO Tariff & Trade Data ↗

Sourcing from Vietnam

Buyers in Singapore can find Vietnamese suppliers by industry, in the factory directory and at international exhibitions in Vietnam:

Steel & steel structure manufacturing →International exhibitions in VietnamContact Vietnam duties on goods from Singapore

Data: World Bank WDI (CC BY 4.0); mledoze/world-countries (ODbL); i18n-iso-countries (MIT); ISO 3166-2 – Debian iso-codes (LGPL); NGA World Port Index 2019; map @svg-maps/world (CC BY 4.0); flags flag-icons (MIT). For reference only.