Singapore

Singapore grew 5.0% in real terms in 2025 and still lost ground in the table, slipping 2 places to 29th as US$ GDP rose 5.4% to US$603.9 billion. Israel now sits directly above it and Austria directly below.

Services account for 71.6% of output and industry 22.7%, with manufacturing at 17.4%. Agriculture registers 0.0%. Inflation was 0.9% and unemployment 2.8%, while government gross debt stands at 165.7% of GDP.

The per-person figures set it apart. With 6.1 million people, output per head is US$98,814, 5th of 196, and $163,354 international dollars on a purchasing-power basis, 2nd in the world. Yet the whole economy is only about the size of the Seattle, WA metro area. GDP has grown 6.3x since 2000, when it stood at US$96.1 billion and ranked 43rd. The IMF projects US$812.5 billion by 2030, a rise of +35% that would keep Singapore 29th among economies with forecasts.