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Republik Singapura
新加坡共和国
சிங்கப்பூர் குடியரசு

Republic of Singapore

City state
Flag of Singapore Coat of Arms of Singapore
Motto
Majulah Singapura
Onward, Singapore
Anthem
Majulah Singapura
Map of Singapore
CapitalSingapore
Government Republic and parliamentary democracy
President
- From 2011Tony Tan Keng Yam
Prime Minister
- From 2004Lee Hsien Loong
Legislature Parliament
History
August 9, 1965Established
Commonwealth accessionOctober 15, 1965
Area710.2 km²
Population
- 20094,987,600
 Density7,022.8/km²
GDP2009 (PPP)
- TotalUS$ 285.4 billion
- Per capitaUS$ 57,238
CurrencySingapore dollar
Flag of Malaysia Malaysia
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The Republic of Singapore is a city-state and parliamentary democracy in Asia.


Background

Singapore was founded as a British trading colony in 1819. It joined the Malaysian Federation in 1963 but separated two years later and became independent. Singapore subsequently became one of the world's most prosperous countries with strong international trading links (its port is one of the world's busiest in terms of tonnage handled) and with per capita GDP equal to that of the leading nations of Western Europe.[1]

Economy

Singapore has a highly developed and successful free-market economy. It enjoys a remarkably open and corruption-free environment, stable prices, and a per capita GDP higher than that of most developed countries. The economy depends heavily on exports, particularly in consumer electronics, information technology products, pharmaceuticals, and on a growing financial services sector. Real GDP growth averaged 7.1% between 2004 and 2008. The economy contracted 1.3% in 2009 as a result of the global financial crisis, but rebounded nearly 14.7% in 2010, on the strength of renewed exports. Over the longer term, the government hopes to establish a new growth path that focuses on raising productivity, which has sunk to 1% growth per year in the last decade. Singapore has attracted major investments in pharmaceuticals and medical technology production and will continue efforts to establish Singapore as Southeast Asia's financial and high-tech hub.[2]

President

  • Tony Tan Keng Yam () (September 1, 2011 - )


Prime Minister

  • Lee Hsien Loong () (August 12, 2004 - )

Nation

Singaporean Polities

Neighbouring Nations

References

  1. The CIA World Factbook: Introduction - Background
  2. The CIA World Factbook: Economy - Overview

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