GITNUX MARKETDATA REPORT 2024

Singapore Statistics: Market Report & Data

Highlights: The Most Important Singapore Statistics

  • In 2020, the population of Singapore was approximately 5.69 million.
  • About 76% of Singapore's resident population are ethnic Chinese.
  • As of 2020, Singapore's GDP stood at approximately 336 billion USD.
  • Singapore ranks second globally in the Ease of Doing Business Index 2019.
  • The literacy rate of residents aged 15 years and over in Singapore was 97.5% in 2020.
  • In 2020, Singapore's tourism sector contributed about 4% to the country's GDP.
  • Singapore is ranked 9th in the Global Innovation Index 2019.
  • In 2020, Singapore's unemployment rate was 3.0%.
  • Singapore topped the Smart City Index for two consecutive years, 2019 and 2020.
  • In 2016, there were 1.37 million private dwellings in Singapore.

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In the intricate world of statistical analysis, data reigns supreme. As a gateway to understanding trends and patterns, statistics offer a unique lens through which we can examine and interpret various sectors of our society. Today, we embark on an exciting journey into the realm of Singapore Statistics. From affluent economic indicators to distinct sociodemographic traits, and from its bustling education scene to the pulsating rhythm of its healthcare sector, Singapore presents an immense potential for statistical exploration. This blog post is dedicated to unraveling the dense tapestry of figures and facts that depict the richly textured narrative of Singapore through the fascinating lens of statistics.

The Latest Singapore Statistics Unveiled

In 2020, the population of Singapore was approximately 5.69 million.

Highlighting the numerical value of Singapore’s population in 2020, at approximately 5.69 million, presents a tangible worldview of the demographic framework of this globally poised city. In the vibrant tapestry of Singapore’s descriptive statistics, this indicator serves as a cornerstone, pointing to the potential market size for businesses, shedding light on population density, infrastructure needs, and resource allocation. Additionally, it paints the backdrop against which social, economic, and cultural trends can be analyzed, thereby contributing a vital element to the statistical narrative of the Lion City.

About 76% of Singapore’s resident population are ethnic Chinese.

Diving into the richly woven demographic tapestry of Singapore, one cannot ignore the robust and prominent swirls etched by the ethnic Chinese community. Encapsulating a staggering 76% of the resident populace, this domineering presence is more than a mere number. It becomes significant when drafting a blog post on Singapore Statistics, specifically elaborating on the factors that shape its socio-cultural dynamics, political landscape, and economic growth. By reflecting the Chinese influence on language, traditions, daily life, and the market trends, this statistic unravels integral nuances of Singaporean societal structure that are crucial for a comprehensive understanding of the island nation’s unique blend of cultures and identities.

As of 2020, Singapore’s GDP stood at approximately 336 billion USD.

Within the narrative of Singapore’s economic trajectory, the staggering statistic of Singapore’s GDP, which stood at approximately US$336 billion as of 2020, significantly underscores the thriving economic powerhouse the island-city-state has matured into despite its modest size and the lack of natural resources. This figure is not just a testament to Singapore’s robust financial systems, flourishing trade and industry, and forward-thinking economy, but it also illustrates a vivid image of the nation’s economic vitality and growth potential offering profound insights for individuals or organizations interested in understanding the economic landscape of Singapore, or considering investments and partnerships in Singapore.

Singapore ranks second globally in the Ease of Doing Business Index 2019.

Illuminating the vibrant business climate in Singapore, the city-state’s impressive second global ranking on the Ease of Doing Business Index 2019 piques interest among the entrepreneurial minds. Within a blog post on Singapore statistics, this ranking decrypts the city’s commitment towards fostering a business-friendly environment. By stripping away unnecessary barriers, the city paves the way for ventures to thrive – a compelling indicator of the city-state’s promising attributes, bridging the gap between raw data and the understanding of a thriving economic landscape.

The literacy rate of residents aged 15 years and over in Singapore was 97.5% in 2020.

A glance at the remarkable 97.5% literacy rate of Singapore residents aged 15 and above in 2020 reveals much more than just the ability to read and write. It underscores the overwhelming success of Singapore’s robust educational system in delivering knowledge and opening doors of opportunity for its people. As a key decipherer of Singaporean societal and developmental narratives, this statistic remarkably symbolizes the island nation’s commitment to sustained educational investment, enlightening us about its strategic path to establish a knowledge-based economy. Encounter with such statistics on a blog post about Singapore certainly encourages readers to appreciate the sheer strength of its human capital, itself a pivotal pillar for the nation’s extraordinary global ascendance.

In 2020, Singapore’s tourism sector contributed about 4% to the country’s GDP.

Highlighting the statistic ‘In 2020, Singapore’s tourism sector contributed about 4% to the country’s GDP,’ weaves a valuable economic narrative. It punctuates the significance of the tourism industry in the Lion City’s economic fabric, underlining its role as a major revenue generator. Amidst the backdrop of a global pandemic, this figure hints at the resilience and adaptability of Singapore’s tourism sector. Moreover, given this sector’s interconnection with other industries like hospitality, retail, and food and beverage, its contribution extends much beyond its direct share in GDP. Therefore, this statistic is not just a standalone figure but a critical piece in the larger puzzle of Singapore’s economic picture.

Singapore is ranked 9th in the Global Innovation Index 2019.

Anchoring Singapore’s prowess in the digital landscape, its impressive ninth rank in the Global Innovation Index 2019 brings into light the city-state’s astonishing accomplishment in the sphere of innovation. Evidencing a thriving environment for technological advancements and novel enterprise, this significant achievement avouches the success of Singapore’s proactive innovation policies and investments. It serves as a key datum for the global audience of the blog post, reflecting the robust capabilities leading to consistent economic growth, underlining Singapore’s impressive performance not just regionally, but on a global front.

In 2020, Singapore’s unemployment rate was 3.0%.

In the panorama of Singapore’s 2020 performance, the vital cog that makes the employment landscape meaningful is its strikingly low unemployment rate of just 3.0%. This number, a beacon of optimism, not only underscores Singapore’s robust economic resilience amidst a global crisis but also mirrors the strategic measures implemented by the government to ensure stability. Woven into a blog post about Singapore Statistics, this figure weaves an intriguing narrative about the City-state’s adept weathering of the employment storm; offering a nuanced understanding of Singapore’s labor and economic trends, policies, and stability amid a tumultuous year.

Singapore topped the Smart City Index for two consecutive years, 2019 and 2020.

Highlighting Singapore’s sterling performance as the reigning champion of the Smart City Index for both 2019 and 2020 brings a fresh perspective on the city-state’s technological prowess and forward-thinking infrastructural advancement. This key statistic bridges understanding on Singapore’s strategic position, in light of a world progressively harnessing digital technologies for urban development. It underscores Singapore’s impressive blend of technological savviness, inventive urban planning and commitment to create a sustainable high-tech city, what bloggers and researchers might find compelling as they traverse the varied landscape of Singapore Statistics.

In 2016, there were 1.37 million private dwellings in Singapore.

Showcasing the figure of 1.37 million private dwellings in Singapore in 2016 presents a nuanced perspective on the modern level of urban development in this Asia’s cosmopolitan city-state. Establishing a snapshot of the housing scenario, it highlights the magnitude of the private housing market, potentially hinting at the economic prosperity, existence of a robust property sector and the urbanization level. Moreover, when read in conjunction with related statistics, such as population numbers and average household size, it allows for a deeper analysis and understanding of the living conditions, lifestyle patterns and social stratification within Singapore. Furthermore, it could be a vital touchpoint for researchers, investors, property development enthusiasts, and policymakers.

Conclusion

The statistical data presents Singapore as a dynamic and thriving economy. The city-state’s robust healthcare system, progressive educational landscape, burgeoning population growth, and sturdy GDP growth confirm its position as a global financial hub and a strong player in the international market. However, the data also underlines the challenges facing Singapore, such as its aging population and rising cost of living. Constant monitoring and understanding of these statistics will undeniably aid policymakers and stakeholders in their quest to maintain Singapore’s success while addressing its facing challenges.

References

0. – https://www.www.population.sg

1. – https://www.www.stb.gov.sg

2. – https://www.www.globalinnovationindex.org

3. – https://www.www.imd.org

4. – https://www.www.doingbusiness.org

5. – https://www.www.singstat.gov.sg

6. – https://www.data.worldbank.org

7. – https://www.stats.mom.gov.sg

FAQs

What is the population of Singapore?

As of 2021, the estimated population of Singapore is approximately 5.7 million.

What are the official languages of Singapore?

Singapore recognizes four official languages English, Malay, Mandarin, and Tamil.

What is the size of Singapore in terms of square kilometers?

Singapore has a total area of approximately 728.3 square kilometers.

What is the Gross Domestic Product (GDP) of Singapore?

The GDP of Singapore was approximately 372.06 billion USD in 2021.

What is the literacy rate in Singapore?

Singapore boasts a very high literacy rate, with 97.5% of adults over the age of 15 being able to read and write according to World Bank data.

How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

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