Singapore

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Key Indicators
Income Group High income
Regional Group Eastern, Southeastern Asia and Oceania
Population (Total) 6,036,860
GDP per capita, PPP (current international $) 150,689

Performance Overview

ISO3

SGP

Country

Singapore

Score

73.29

Rank

1

Input

3

Output

1

Enable

79.64

Attract

80.40

Grow

69.42

Retain

71.35

VT

66.96

GA

71.97

Pillar: Enable Score: 79.64Rank: 4
SCORERANK

Regulatory Landscape

95.76 1

1. Government effectiveness

100.001

2. Rule of law

94.815

3. Political stability

100.001

4. Regulatory quality

100.001

5. Corruption

84.003

Market Landscape

74.81 8

1. Extent of market dominance

64.6015

2. Domestic credit to private sector

63.7910

3. Cluster development

66.2212

4. R&D expenditure

29.0419

5. Population covered by at least a 3G mobile network

100.001

6. Internet access in schools

100.001

7. Urbanisation

100.001

Business & Labour Landscape

68.34 10

1. Labour rights

73.0085

2. Labour-employer cooperation

83.663

3. Professional management

83.504

4. Relationship of pay to productivity

65.929

5. Enterprise software

21.6644

6. Cloud computing

89.242

7. Firms with website

61.3852
Pillar: Attract Score: 80.40Rank: 2
SCORERANK

External Openness

79.52 6

1. FDI regulatory restrictiveness

84.2649

2. Financial globalisation

97.206

3. Migrant stock

93.186

4. International students

n/an/a

5. Brain gain

73.223

6. AI skills migration

49.7411

Internal Openness

81.27 12

1. Tolerance of minorities

73.4020

2. Tolerance of immigrants

84.6216

3. Social mobility

81.055

4. Economic empowerment of women

82.5072

5. Gender parity in high-skilled jobs

81.1052

6. Leadership opportunities for women

84.943
Pillar: Grow Score: 69.42Rank: 5
SCORERANK

Formal Education

63.93 1

1. Vocational enrolment

n/an/a

2. Tertiary enrolment

58.139

3. Tertiary education expenditure

35.9516

4. Reading, maths, and science

91.942

5. University ranking

69.7012

Lifelong Learning

62.15 13

1. Business masters education

61.9415

2. Prevalence of training in firms

51.8834

3. Employee development

72.6411

Access to Growth Opportunities

82.19 4

1. Delegation of authority

67.2720

2. Youth inclusion

92.999

3. Use of virtual social networks

87.964

4. Use of virtual professional networks

80.524
Pillar: Retain Score: 71.35Rank: 31
SCORERANK

Sustainability

65.35 33

1. Pension coverage

36.7393

2. Social protection

67.7324

3. Brain retention

79.952

4. Environmental performance

53.0041

5. Vulnerable employment

89.7828

6. Protect Against Future Disasters

64.6324

7. Household Financial Resilience

65.6423

Lifestyle

77.36 32

1. Personal rights

69.1051

2. Personal safety

100.001

3. Physician density

43.4456

4. Sanitation

100.001

5. Employee Wellbeing / Happiness score (life ladder)

74.2531
Pillar: Vocational and Technical Skills (VT) Score: 66.96Rank: 13
SCORERANK

Mid-level Skills

58.51 27

1. Workforce with secondary education

11.65117

2. Population with secondary education

36.9769

3. Technicians and associate professionals

85.413

4. Labour productivity per employee

100.001

Employability

75.41 4

1. Ease of finding skilled employees

58.3357

2. Relevance of education system to the economy

77.263

3. Skills matching

n/an/a

4. Highly educated unemployment

90.6422
Pillar: Generalist Adaptive Skills (GA) Score: 71.97Rank: 1
SCORERANK

High-level Skills

72.87 1

1. Workforce with tertiary education

89.672

2. Soft Skills

68.1920

3. Professionals

51.8513

4. Researchers

82.794

5. Senior officials and managers

86.423

6. Digital skills

50.669

7. AI talent concentration

80.552

Talent Impact

71.06 1

1. ICT services exports

24.1342

2. Mobile apps development

84.524

3. Intellectual property receipts (% of total trade)

72.9713

4. High-value exports

87.743

5. Software development

100.001

6. New business density

46.569

7. Scientific journal articles

81.545

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