The city-state of Singapore is the wealthiest country in Asia, with a per-capita GDP of $107,690 (PPP Int$). Singapore owes its wealth not to oil but rather to a low level of government corruption and a business-friendly economy.
Contents
What country is the richest in Asia?
Indonesia
In addition, the list includes the special administrative regions of China (Hong Kong and Macao).
South East Asia (SEA)
| Rank | Country | 2017 GDP (PPP) |
|---|---|---|
| 1 | Indonesia | $3.53 trillion |
| 2 | Thailand | $1.261 trillion |
| 3 | Vietnam | $1.14 trillion |
| 4 | Philippines | $1.006 trillion |
Is Singapore the most developed country in Asia?
Macao, North Korea, and Taiwan in Asia, as well as Nauru and Tuvalu in Oceania are not ranked as they are not included in the latest report by the United Nations Development Programme.
List.
| List of countries in Asia and Oceania by Human Development Index | Rank | 3 |
|---|---|---|
| 11 | ||
| Nation | Singapore | |
| Human Development Index (HDI) | 0.938 | |
| 0.003 |
Is Singapore richest country in the world?
Singapore – $82,763 GDP (PPP) per capita
Singapore has a GDP per capita of over $82,000 USD, making it the third wealthiest country on our list.This tiny European country is one of the richest in the world.
Which is the No 1 country in Asia?
Japan
| Country | Asian Rank | 12-month Equity Market Performance |
|---|---|---|
| Japan | 1 | 17.48% |
| Singapore | 2 | 21.02 |
| China | 3 | 28.10 |
| South Korea | 4 | 28.44 |
Which country is most poor in Asia?
North Korea may actually be the poorest country in Asia, but the nation’s notoriously secretive government rarely shares its data, so economists much rely upon expert estimates. Poverty in North Korea is attributed to poor governance by the totalitarian regime.
Is Singapore a developed country?
The economy of Singapore is a highly-developed free-market economy.Singapore has low tax-rates and the second-highest per-capita GDP in the world in terms of purchasing power parity (PPP). The Asia-Pacific Economic Cooperation (APEC) is headquartered in Singapore.
Where does Singapore rank in the world?
Free
| Rank | Country | Overall |
|---|---|---|
| 1 | Singapore | 89.7 |
| 2 | New Zealand | 83.9 |
| 3 | Australia | 82.4 |
Is Singapore a poor country?
Singapore is one of the richest Asian countries per capita.This makes them the second most income unequal country in Asia. According to the Singapore government, over 105,000 families live in poverty. This translates to about one in 10 family homes, or 378,000 people.
Which is the most powerful country in Asia?
2020 rankings
| Rank | Country / Territory | Status |
|---|---|---|
| 1 | United States | Superpowers ≥ 70 points |
| 2 | China | |
| 3 | Japan | Major powers ≥ 40 points |
| 4 | India | Middle powers ≥ 10 points |
Who is the richest person in Singapore?
Forrest Li
Forrest Li, Sea Ltd.‘s billionaire co-founder, chairman and chief executive officer, has become Singapore’s richest person as shares of his company surged.
Which country is No 1 in world?
Canada
Canada ranked #1 out of 78 countries, beating out Japan, Germany, Switzerland and Australia, which rounded out the top five. The United States came in sixth.
What are the 6 richest countries in the world?
The Richest Countries in the World
- Luxembourg: USD 143,203 per capita in 2025.
- Ireland: USD 112,769 per capita in 2025.
- Switzerland: USD 96,788 per capita in 2025.
- Norway: USD 95,165 per capita.
- Denmark: USD 78,068 per capita.
- United States: USD 77,653 per capita.
- Singapore: USD 75,250 per capita.
Is Singapore a country in Asia?
Singapore is a sunny, tropical island in Southeast Asia, off the southern tip of the Malay Peninsula. Singapore is a city, a nation and a state.
How is Singapore so rich?
Today, the Singapore economy is one of the most stable in the world, with no foreign debt, high government revenue and a consistently positive surplus. The Singapore economy is mainly driven by exports in electronics manufacturing and machinery, financial services, tourism, and the world’s busiest cargo seaport.
Is Philippines richer than India?
Philippines has a GDP per capita of $8,400 as of 2017, while in India, the GDP per capita is $7,200 as of 2017.
Is Singapore Religious?
Singapore is home to 10 religions – Buddhism, Hinduism, Islam, and Christianity are the primary religions of Singapore, while Zoroastrianism, Judaism, Sikhism, Jainism, and others form the minority cluster.
Religion in Singapore – A Melting Pot of Cultures.
| Religious Community | Population Percentage |
|---|---|
| Other religions | 0.6% |
Is Singapore a good place to live?
Singapore is a vibrant, multicultural city that makes it one of the most desirable places to live in Asia for expatriates. The city boasts a strong economy, is a safe place for children to grow up in and has excellent education and healthcare systems.
Does Singapore have debt?
We do not spend the monies that we borrow under the Government Securities Act. All borrowing proceeds are therefore invested. As one of the world’s leading financial centres, our external debts are mainly deposits kept in Singapore banks by overseas banks and depositors.Singapore actually has zero net debt.
What is Singapore ranked?
Regional Ranking
| RANK | COUNTRY | OVERALL |
|---|---|---|
| 1 | Singapore | 89.7 |
| 2 | New Zealand | 83.9 |
| 3 | Australia | 82.4 |
| 4 | Taiwan | 78.6 |
What is Singapore best in the world?
Singapore is ranked second in the world and top in Asia for having the best IP protection in the World Economic Forum’s Global Competitiveness Report 2019. Overall, Singapore is ranked first as the world’s most competitive country.
