Singapore is an island-city-state in Southeast Asia with a population of 6 million and GDP per capita of US$82,000. The city is a highly developed market economy often regarded as a business-friendly and innovative environment. The city's key industries are financial services, international trade, manufacturing and real estate.
The city possesses a highly skilled labour force, a strong environment for business and innovation, and is well-established global trade hub housing the second busiest container port globally.
While the city is Best in Class overall, there are opportunities to improve the Liveability and Loveability factor for residents. In recent years, the city has been labelled the most expensive in the world, tied with New York. Against its peers, the city is one of the lowest performers in terms of work intensity.