Lewes, DE -- (SBWIRE) -- 07/07/2017 -- As per International Monetary Fund (IMF) Singapore's real gross domestic product is expected to grow at a CAGR of 3.46% from its 2015 level of SGD 394.289 billion and reach SGD 467.293 billion by 2022.

Singapore, officially Republic of Singapore, is a city-state in Southeast Asia. It's geography constitutes of one main island and 62 small islands. Singapore became an independent nation in 1965.

Singapore had estimated population of 5.607 million in the year 2016 and expected to reach 5.933 million by 2022. Singapore's 59.80% population (around 3.353 million) was employed in 2016 and the unemployment rate was 2.075% of total labor force.

Singapore's real gross domestic product (GDP) was SGD 402.16 billions in 2016 whereas the nominal GDP was SGD 410.272 billions. This resulted in GDP deflator 102.017. In 2016 the per capita GDP was USD 52,960.734 whereas purchasing power parity (PPP) based per capita GDP was USD 87,855.383.

In 2016, Singapore government's revenue was SGD 91.391 billions whereas the expenditure was SGD 77.794 billions. This resulted Singapore government's net lending / borrowing at SGD 13.597 billion in 2016 indicating that enough financial resources were made available by the government to boost economic growth.

The current account balance for Singapore was USD 56.501 billions for the year 2016 and is expected to grow at a CAGR of 1.16% and reach USD 58.268 by 2022. This positive current account balance indicates the Singapore is net lender to the whole world.

Scope of the Singapore PESTEL Analysis, SWOT Analysis and Risk Analysis Market Research Reports

-These reports provide information about key macroeconomic indicators for Singapore.

-These reports provide PESTELE (political, economic, social, technological, environmental and legal) analysis for Singapore.

-These reports provide SWOT (strengths, weaknesses, opportunities and threats) analysis for Singapore.

-These reports provide risk analysis for Singapore.

For more information and to purchase Singapore PESTEL Analysis Market Research Report please visit:
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For more information and to purchase Singapore SWOT Analysis Market Research Report please visit:
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For more information and to purchase Singapore Risk Analysis Market Research Report please visit:
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