Macro Index Overview / East Asia & Pacific / SGP

Singapore · Year 2023 All longitudinal metrics, 4-pillar scores, and peer matrices reflect this country & year

Country:

Year:

Sovereign Economic Dossier ISO: SGP SG

Singapore

Fiscal year end: March 31; reporting period for national accounts data: CY.

East Asia & Pacific High income Blocs: ASEAN Singapore

Global Rank (2023)

#3 / 205

Top 1% of global economies

Composite Score (2023)

90.3 / 100

Living Standard (2023)

$65,977

Subscore: 90.65 / 100

CPI Inflation (2023)

4.83%

Stability Score: 90.83 / 100

4-Pillar Structural Health Diagnostic (2023)

Harmonized subscores evaluating Output, Productivity, Inflation Stability, and External Buffer

Benchmark Weights: 35 / 25 / 25 / 15

Living Standards (35%) 90.65

Raw: $65,977 (2015 USD)

Price Stability (25%) 90.83

Raw: 4.83% (Anchor: 3.0%)

External Solvency (25%) 100

Raw: 16.39% of GDP

Economic Scale (15%) 72.7

Raw: $511.2B Current USD

Optimal Component Weights & Peak Rank Frontier (2023)

External Solvency & Trade Surplus Driven

What we are doing here: We simulate an automated mathematical simplex across all 286 valid permutations of weights for the 4 pillars (summing to 100%) against every competing sovereign country in 2023. This discovers which weighting system maximizes Singapore's global competitive ranking by accentuating its comparative strengths.

Peak Rank #1 / 205

Default Rank #3

+2 Ranks

Living Standards 0%

Baseline: 35%

Price Stability 0%

Baseline: 25%

External Solvency 100%

Baseline: 25%

Economic Scale 0%

Baseline: 15%

Policy Insight & Strategic Advantage: Singapore achieves peak standing through massive current account surpluses and external asset buffers.

Under this bespoke weighting, Singapore's composite score climbs to 100 (compared to 90.3 under standard multilateral weighting).

Longitudinal Trajectory & Peer Comparison Sandbox (1960–2025)

Tracking Singapore's multi-decade trajectory overlaid with peer benchmark economies in Year 2023

Active Comparisons:

Singapore (SGP)

India (IND)

China (CHN)

United States (USA)

Germany (DEU)

Observation Year 2023 • Global Rank: #3 / 205 • Composite Score: 90.3 / 100 • Living Standard: $65,977 • Inflation: 4.83%

Year 2023

Hover or click any node along the curve to inspect that historical year in real time

Primary: Singapore Peers (Dashed)

Cross-Sectional Benchmark Standing in Year 2023

5 economies compared · Ordered by Global Rank

Country	Rank (2023)	Composite Score	GDP per Capita	CPI Inflation	Current Account (% GDP)	Nominal GDP ($)
Singapore (SGP) Active	#3	90.3	$65,977	4.83%	16.39%	$511.2B
Germany (DEU)	#16	81.1	$44,369	5.95%	5.50%	$4562.2B
United States (USA)	#17	80.0	$65,667	4.12%	-3.34%	$27811.5B
China (CHN)	#37	72.3	$12,484	0.23%	1.41%	$18270.4B
India (IND)	#93	59.5	$2,230	5.65%	-0.91%	$3500.9B

Decade-by-Decade Historical Milestones (1970–2023)

Visualizing seminal macroeconomic shifts, shocks, and structural transitions for Singapore

Metric:

Selected Era: 2023 · Click any node to select