
Singapore

Singapore
Population
6,111,175 (2025)
Average Monthly Net Salary (USD)
4,850
Average Mortgage Rate
3.65%
Annual GDP (USD)
603,869,516,999 (2025)
National Debt (USD)
402,140,000,000 (2025)
Unemployment Rate
2.82% (2025)
Armed Forces (active & reserve)
412,500
Military Expenditure (% GDP)
2.84% (2024)
Fertility Rate
0.97 (2024)
Life Expectancy at birth
83.3 years (2024)
Population Growth
1.22% (2025)
Net Migration
16,892 (2025)
Notable Facts
The Republic of Singapore is an island city-state located at the southern tip of the Malay Peninsula, situated approximately 137 kilometers north of the equator. It is separated from Peninsular Malaysia by the Straits of Johor to the north and from Indonesia's Riau Islands by the Singapore Strait to the south. The nation consists of one main diamond-shaped island and more than 60 smaller islets, many of which are uninhabited. Its strategic position at the narrowest point of the Strait of Malacca has historically made it one of the most vital maritime crossroads in the world. The geography is primarily flat with a central hilly region, the highest point being Bukit Timah Hill at an elevation of 163 meters.
Modern Singapore was founded as a British trading post in 1819 by Sir Stamford Raffles. It remained under British colonial administration, with a brief period of Japanese occupation during World War II, until it gained internal self-rule in 1959. In 1963, Singapore joined the Federation of Malaysia, but it separated two years later due to deep-seated political and economic differences, becoming a fully independent and sovereign state on August 9, 1965. Since independence, the country has undergone rapid industrialization and urban development, transforming from a colonial entrepôt into a global financial and logistical hub. This developmental trajectory is often cited as a unique example of state-led economic success in the post-colonial era.
The political system of Singapore is a parliamentary republic based on the Westminster model. The President serves as the ceremonial head of state and is elected by popular vote for a six-year term, possessing certain custodial powers over the national reserves and key public appointments. Executive power is vested in the Prime Minister and the Cabinet, who are accountable to Parliament. The Parliament is unicameral, consisting of members elected through a mix of Single Member Constituencies and Group Representation Constituencies. While multiple political parties exist, the People's Action Party (PAP) has remained the dominant governing party since 1959, overseeing the nation’s legislative and administrative framework through a centralized and highly organized bureaucracy.