NZD to SGD Live Rate

Oceania, islands in the South Pacific Ocean, southeast of Australia

Southeastern Asia, islands between Malaysia and Indonesia

41 00 S, 174 00 E

1 22 N, 103 48 E

Oceania

Southeast Asia

total: 268,838 sq km

land: 264,537 sq km

water: 4,301 sq km

note: includes Antipodes Islands, Auckland Islands, Bounty Islands, Campbell Island, Chatham Islands, and Kermadec Islands

country comparison to the world: 77

total: 719.2 sq km

land: 709.2 sq km

water: 10 sq km

country comparison to the world: 192

0 km

0 km

15,134 km

193 km

territorial sea: 12 nm

contiguous zone: 24 nm

exclusive economic zone: 200 nm

continental shelf: 200 nm or to the edge of the continental margin

territorial sea: 3 nm

exclusive fishing zone: within and beyond territorial sea, as defined in treaties and practice

temperate with sharp regional contrasts

tropical; hot, humid, rainy; two distinct monsoon seasons - northeastern monsoon (December to March) and southwestern monsoon (June to September); inter-monsoon - frequent afternoon and early evening thunderstorms

predominately mountainous with large coastal plains

lowlying, gently undulating central plateau

mean elevation: 388 m

elevation extremes: lowest point: Pacific Ocean 0 m

highest point: Aoraki-Mount Cook 3,724 m

mean elevation: NA

elevation extremes: lowest point: Singapore Strait 0 m

highest point: Bukit Timah 166 m

natural gas, iron ore, sand, coal, timber, hydropower, gold, limestone

fish, deepwater ports

agricultural land: 43.2%

arable land 1.8%; permanent crops 0.3%; permanent pasture 41.1%

forest: 31.4%

other: 25.4% (2011 est.)

agricultural land: 1%

arable land 0.9%; permanent crops 0.1%; permanent pasture 0%

forest: 3.3%

other: 95.7% (2011 est.)

7,210 sq km (2012)

0 sq km (2012)

over three-quarters of New Zealanders, including the indigenous Maori, live on the North Island, primarily in urban areas

most of the urbanization is along the southern coast, with relatively dense population clusters found in the central areas

earthquakes are common, though usually not severe; volcanic activity

volcanism: significant volcanism on North Island; Ruapehu (2,797 m), which last erupted in 2007, has a history of large eruptions in the past century; Taranaki has the potential to produce dangerous avalanches and lahars; other historically active volcanoes include Okataina, Raoul Island, Tongariro, and White Island

flash floods

deforestation; soil erosion; native flora and fauna hard-hit by invasive species

industrial pollution; limited natural freshwater resources; limited land availability presents waste disposal problems; seasonal smoke/haze resulting from forest fires in Indonesia

party to: Antarctic-Environmental Protocol, Antarctic-Marine Living Resources, Antarctic Treaty, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands, Whaling

signed, but not ratified: Antarctic Seals, Marine Life Conservation

party to: Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Ozone Layer Protection, Ship Pollution

signed, but not ratified: none of the selected agreements

consists of two main islands and a number of smaller islands; South Island, the larger main island, is the 12th largest island in the world and is divided along its length by the Southern Alps; North Island is the 14th largest island in the world and is not as mountainous, but it is marked by volcanism; almost 90% of the population lives in cities and over three-quarters on North Island; Wellington is the southernmost national capital in the world

focal point for Southeast Asian sea routes; consists of about 60 islands, by far the largest of which is Pulau Ujong; land reclamation has removed many former islands and created a number of new ones

slightly more than 3.5 times the size of Washington, DC

4,510,327 (July 2017 est.)

country comparison to the world: 126

5,888,926 (July 2017 est.)

country comparison to the world: 113

noun: New Zealander(s)

adjective: New Zealand

noun: Singaporean(s)

adjective: Singapore

European 71.2%, Maori 14.1%, Asian 11.3%, Pacific peoples 7.6%, Middle Eastern, Latin American, African 1.1%, other 1.6%, not stated or unidentified 5.4%

note: based on the 2013 census of the usually resident population; percentages add up to more than 100% because respondents were able to identify more than one ethnic group (2013 est.)

Chinese 74.3%, Malay 13.4%, Indian 9%, other 3.2%

note: individuals self-identify; the population is divided into four categories: Chinese, Malay (includes Malays and Indonesians), Indian (includes Indian, Pakistani, Bangladeshi, or Sri Lankan), and other ethnic groups (includes Eurasians, Caucasians, Japanese, Filipino, Vietnamese (2017 est.)

English (de facto official) 89.8%, Maori (de jure official) 3.5%, Samoan 2%, Hindi 1.6%, French 1.2%, Northern Chinese 1.2%, Yue 1%, other or not stated 20.5%, New Zealand Sign Language (de jure official)

note: shares sum to 120.8% due to multiple responses on census (2013 est.)

English (official) 36.9%, Mandarin (official) 34.9%, other Chinese dialects (includes Hokkien, Cantonese, Teochew) 12.2%, Malay (official) 10.7%, Tamil (official) 3.3%, other 2%

note:: data represent language most frequently spoken at home (2015 est.)

Christian 44.3% (Catholic 11.6%, Anglican 10.8%, Presbyterian and Congregational 7.8%, Methodist, 2.4%, Pentecostal 1.8%, other 9.9%), Hindu 2.1%, Buddhist 1.4%, Maori Christian 1.3%, Islam 1.1%, other religion 1.4% (includes Judaism, Spiritualism and New Age religions, Baha'i, Asian religions other than Buddhism), no religion 38.5%, not stated or unidentified 8.2%, objected to answering 4.1%

note: based on the 2013 census of the usually resident population; percentages add up to more than 100% because respondents were able to identify more than one religion (2013 est.)

Buddhist 33.2%, Christian 18.8%, Muslim 14%, Taoist 10%, Hindu 5%, other 0.6%, none 18.5% (2015 est.)

total dependency ratio: 52.9

youth dependency ratio: 30.5

elderly dependency ratio: 22.4

potential support ratio: 4.5 (2015 est.)

total dependency ratio: 37.3

youth dependency ratio: 21.3

elderly dependency ratio: 16

potential support ratio: 6.2 (2015 est.)

total: 37.9 years

male: 37.1 years

female: 38.8 years (2017 est.)

country comparison to the world: 64

total: 34.6 years

male: 34.5 years

female: 34.7 years (2017 est.)

country comparison to the world: 84

0.79% (2017 est.)

country comparison to the world: 132

1.82% (2017 est.)

country comparison to the world: 57

13.2 births/1,000 population (2017 est.)

country comparison to the world: 150

8.6 births/1,000 population (2017 est.)

country comparison to the world: 214

7.5 deaths/1,000 population (2017 est.)

country comparison to the world: 111

3.5 deaths/1,000 population (2017 est.)

country comparison to the world: 217

2.2 migrant(s)/1,000 population (2017 est.)

country comparison to the world: 44

13.1 migrant(s)/1,000 population (2017 est.)

country comparison to the world: 5

over three-quarters of New Zealanders, including the indigenous Maori, live on the North Island, primarily in urban areas

most of the urbanization is along the southern coast, with relatively dense population clusters found in the central areas

urban population: 86.4% of total population (2017)

rate of urbanization: 0.98% annual rate of change (2015-20 est.)

urban population: 100% of total population (2017)

rate of urbanization: 1.5% annual rate of change (2015-20 est.)

Auckland 1.344 million; WELLINGTON (capital) 383,000 (2015)

SINGAPORE (capital) 5.619 million (2015)

at birth: 1.05 male(s)/female

0-14 years: 1.05 male(s)/female

15-24 years: 1.06 male(s)/female

25-54 years: 1 male(s)/female

55-64 years: 0.95 male(s)/female

65 years and over: 0.86 male(s)/female

total population: 0.99 male(s)/female (2017 est.)

at birth: 1.07 male(s)/female

0-14 years: 1.05 male(s)/female

15-24 years: 0.97 male(s)/female

25-54 years: 0.95 male(s)/female

55-64 years: 1 male(s)/female

65 years and over: 0.83 male(s)/female

total population: 0.96 male(s)/female (2017 est.)

27.8 years

note: median age at first birth (2009 est.)

30.5 years

median age (2015 est.)

11 deaths/100,000 live births (2015 est.)

country comparison to the world: 144

10 deaths/100,000 live births (2015 est.)

country comparison to the world: 148

total: 4.4 deaths/1,000 live births

male: 4.9 deaths/1,000 live births

female: 3.9 deaths/1,000 live births (2017 est.)

country comparison to the world: 183

total: 2.4 deaths/1,000 live births

male: 2.6 deaths/1,000 live births

female: 2.2 deaths/1,000 live births (2017 est.)

country comparison to the world: 222

total population: 81.3 years

male: 79.1 years

female: 83.5 years (2017 est.)

country comparison to the world: 27

total population: 85.2 years

male: 82.6 years

female: 88.1 years (2017 est.)

country comparison to the world: 3

2.02 children born/woman (2017 est.)

country comparison to the world: 116

0.83 children born/woman (2017 est.)

country comparison to the world: 224

11% of GDP (2014)

country comparison to the world: 14

4.9% of GDP (2014)

country comparison to the world: 144

3.06 physicians/1,000 population (2015)

2.28 physicians/1,000 population (2016)

2.8 beds/1,000 population (2013)

2.4 beds/1,000 population (2015)

improved:

urban: 100% of population

rural: 100% of population

total: 100% of population

unimproved:

urban: 0% of population

rural: 0% of population

total: 0% of population (2015 est.)

improved:

urban: 100% of population

total: 100% of population

unimproved:

urban: 0% of population

total: 0% of population (2015 est.)

NA

NA

NA

NA

NA

NA

30.8% (2016)

country comparison to the world: 22

6.1% (2016)

country comparison to the world: 170

6.3% of GDP (2015)

country comparison to the world: 16

2.9% of GDP (2013)

country comparison to the world: 140

total: 19 years

male: 18 years

female: 20 years (2014)

total: 13 years

male: 13 years

female: 13 years (2009)

total: 13.2%

male: 13.1%

female: 13.4% (2016 est.)

country comparison to the world: 98

total: 6.6%

male: 5.6%

female: 7.7% (2015 est.)

country comparison to the world: 142

improved:

urban: 100% of population

total: 100% of population

unimproved:

urban: 0% of population

total: 0% of population (2015 est.)

note: active local transmission of Zika virus by Aedes species mosquitoes has been identified in this country (as of August 2016); it poses an important risk (a large number of cases possible) among US citizens if bitten by an infective mosquito; other less common ways to get Zika are through sex, via blood transfusion, or during pregnancy, in which the pregnant woman passes Zika virus to her fetus (2016)

definition: age 15 and over can read and write

total population: 97%

male: 98.7%

female: 98.2% (2016 est.)

conventional long form: none

conventional short form: New Zealand

abbreviation: NZ

etymology: Dutch explorer Abel TASMAN was the first European to reach New Zealand in 1642; he named it Staten Landt, but Dutch cartographers renamed it Nova Zeelandia in 1645 after the Dutch province of Zeeland; British explorer Captain James COOK subsequently anglicized the name to New Zealand when he mapped the islands in 1769

conventional long form: Republic of Singapore

conventional short form: Singapore

local long form: Republic of Singapore

local short form: Singapore

etymology: name derives from the Sanskrit words "singa" (lion) and "pura" (city) to describe the city-state's leonine symbol

parliamentary democracy (New Zealand Parliament) under a constitutional monarchy; a Commonwealth realm

parliamentary republic

name: Wellington

geographic coordinates: 41 18 S, 174 47 E

time difference: UTC+12 (17 hours ahead of Washington, DC, during Standard Time)

daylight saving time: +1hr, begins last Sunday in September; ends first Sunday in April

note: New Zealand has two time zones - New Zealand standard time (12 hours in advance of UTC), and Chatham Islands time (45 minutes in advance of New Zealand standard time)

name: Singapore

geographic coordinates: 1 17 N, 103 51 E

time difference: UTC+8 (13 hours ahead of Washington, DC, during Standard Time)

16 regions and 1 territory*; Auckland, Bay of Plenty, Canterbury, Chatham Islands*, Gisborne, Hawke's Bay, Manawatu-Wanganui, Marlborough, Nelson, Northland, Otago, Southland, Taranaki, Tasman, Waikato, Wellington, West Coast

none

Cook Islands, Niue, Tokelau

26 September 1907 (from the UK)

9 August 1965 (from Malaysian Federation)

Waitangi Day (Treaty of Waitangi established British sovereignty over New Zealand), 6 February (1840); Anzac Day (commemorated as the anniversary of the landing of troops of the Australian and New Zealand Army Corps during World War I at Gallipoli, Turkey), 25 April (1915)

National Day, 9 August (1965)

history: New Zealand has no single constitution document; the Constitution Act 1986, effective 1 January 1987, includes only part of the uncodified constitution; others include a collection of statutes or "acts of Parliament," the Treaty of Waitangi, Orders in Council, letters patent, court decisions, and unwritten conventions

amendments: proposed as "bills” by Parliament or by referenda called either by the government or by citizens; passage of a bill as an “act” normally requires two separate readings with committee reviews in between to make changes and corrections, a third reading approved by the House of Representatives membership or by the majority of votes in a referendum, and assent to by the governor-general; passage of amendments to “reserved” constitutional provisions affecting the term of Parliament, electoral districts, and voting restrictions requires approval by 75 percent of the House membership or the majority of votes in a referendum; amended many times, last in 2014 (2018)

history: several previous; latest adopted 22 December 1965

amendments: proposed by Parliament; passage requires two-thirds majority vote in the second and third readings by the elected Parliament membership and assent by the president of the republic; passage of amendments affecting constitutional articles on fundamental liberties, the president, or constitutional amendment procedures also requires at least two-thirds majority vote in a referendum; amended many times, last in 2016 (2017)

common law system, based on English model, with special legislation and land courts for the Maori

English common law

accepts compulsory ICJ jurisdiction with reservations; accepts ICCt jurisdiction

has not submitted an ICJ jurisdiction declaration; non-party state to the ICCt

citizenship by birth: no

citizenship by descent only: at least one parent must be a citizen of New Zealand

dual citizenship recognized: yes

residency requirement for naturalization: 3 years

citizenship by birth: no

citizenship by descent only: at least one parent must be a citizen of Singapore

dual citizenship recognized: no

residency requirement for naturalization: 10 years

18 years of age; universal

21 years of age; universal and compulsory

chief of state: Queen ELIZABETH II (since 6 February 1952); represented by Governor General Dame Patricia Lee REDDY (since 28 September 2016)

head of government: Prime Minister Jacinda ARDERN (since 26 October 2017); Deputy Prime Minister Winston PETERS (since 26 October 2017)

cabinet: Executive Council appointed by the governor general on the recommendation of the prime minister

elections/appointments: the monarchy is hereditary; governor general appointed by the monarch; following legislative elections, the leader of the majority party or majority coalition usually appointed prime minister by the governor general; deputy prime minister appointed by the governor general; note - Prime Minister ARDERN heads up a minority coalition government consisting of the Labor and New Zealand First parties with support from the Green Party

chief of state: President HALIMAH Yacob (since 14 September 2017); note - President TAN's term ended on 31 August 2017; HALIMAH is Singapore's first female president; the head of the Council of Presidential Advisors, J.Y. PILLAY, served as acting president until HALIMAH was sworn in as president on 14 September 2017

head of government: Prime Minister LEE Hsien Loong (since 12 August 2004); Deputy Prime Ministers TEO Chee Hean (since 1 April 2009) and Tharman SHANMUGARATNAM (since 21 May 2011)

cabinet: Cabinet appointed by the president on the advice of the prime minister; Cabinet responsible to Parliament

elections/appointments: president directly elected by simple majority popular vote for a single 6-year term; election last held on 13 September 2017 (next to be held in 2023); following legislative elections, leader of majority party or majority coalition appointed prime minister by president; deputy prime ministers appointed by the president

election results: HALIMAH Yacob was declared president on 13 September 2017, being the only eligible candidate; Tony TAN Keng Yam elected president in the previous contested election on 27 August 2011; percent of vote - Tony TAN Keng Yam (independent) 35.2% , TAN Cheng Bock (independent) 34.9%, TAN Jee Say (independent) 25%, TAN Kin Lian (independent) 4.9%

description: unicameral House of Representatives - commonly called Parliament (usually 120 seats; 70 members directly elected in single-seat constituencies, including 7 Maori constituencies, by simple majority vote and 50 directly elected by proportional representation vote; members serve 3-year terms)

elections: last held on 23 September 2017 (next to be held in September 2020)

election results: percent of vote by party - National Party 46%, Labor Party 35.9%, NZ First 7.5%, Green Party 5.9%, ACT Party .5%; seats by party - National Party 56, Labor Party 46, NZ First 9, Green Party 8, ACT Party 1

description: unicameral Parliament (101 seats; 89 members directly elected by popular vote, up to 9 nominated by a parliamentary selection committee and appointed by the president, and up to 9 but currently 3 non-constituency members from opposition parties to ensure political diversity; members serve 5-year terms)

elections: last held on 11 September 2015 (next to be held in 2020)

election results: percent of vote by party - PAP 69.9%, WP 12.5%, other 17.6%; seats by party - PAP 83, WP 6

highest court(s): Supreme Court (consists of 5 justices including the chief justice); note - the Supreme Court in 2004 replaced the Judicial Committee of the Privy Council (in London) as the final appeals court

judge selection and term of office: justices appointed by the governor-general on the recommendation of the attorney-general; justices appointed for life

subordinate courts: Court of Appeal; High Court; tribunals and authorities; district courts; specialized courts for issues related to employment, environment, Maori lands, and military

highest court(s): Supreme Court (although the number varies, as of Feb 2018 it had a total of 21 judges, 7 judicial commissioners, 4 senior judges and 15 international judges; the court is organized into an upper tier Appeal Court and a lower tier High Court)

judge selection and term of office: Supreme Court judges appointed by the president from candidates recommended by the prime minister after consultation with the chief justice; lower court judges appointed by the president from candidates recommended by the chief justice; judges usually serve until retirment at age 65 but can be extended; other appointments are for a fixed term

subordinate courts: district, magistrates', juvenile, family, community, and coroners' courts; small claims tribunals; employment claims tribunals

ACT New Zealand [David SEYMOUR]

Green Party [James SHAW]

Mana Movement [Hone HARAWIRA] (formerly Mana Party)

Maori Party [Marama FOX]

New Zealand First Party or NZ First [Winston PETERS]

New Zealand Labor Party [Jacinda ARDERN]

New Zealand National Party [Simon BRIDGES]

United Future New Zealand [Damian LIGHT]

National Solidarity Party or NSP

People's Action Party or PAP [LEE Hsien Loong]

Singapore Democratic Party or SDP [Dr. CHEE Soon Juan]

Workers' Party or WP [Pritam SINGH]

Women's Electoral Lobby or WEL

other: apartheid groups; civil rights groups; farmers groups; Maori; nuclear weapons groups; women's rights groups

none

ADB, ANZUS (US suspended security obligations to NZ on 11 August 1986), APEC, ARF, ASEAN (dialogue partner), Australia Group, BIS, C, CD, CP, EAS, EBRD, FAO, FATF, IAEA, IBRD, ICAO, ICC (national committees), ICCt, ICRM, IDA, IEA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC (NGOs), MIGA, NSG, OECD, OPCW, Pacific Alliance (observer), Paris Club (associate), PCA, PIF, SICA (observer), Sparteca, SPC, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNMISS, UNTSO, UPU, WCO, WFTU (NGOs), WHO, WIPO, WMO, WTO

ADB, AOSIS, APEC, Arctic Council (observer), ARF, ASEAN, BIS, C, CP, EAS, FAO, FATF, G-77, IAEA, IBRD, ICAO, ICC (national committees), ICCt, ICRM, IDA, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IPU, ISO, ITSO, ITU, ITUC (NGOs), MIGA, NAM, OPCW, Pacific Alliance (observer), PCA, UN, UNCTAD, UNESCO, UNHCR, UPU, WCO, WHO, WIPO, WMO, WTO

chief of mission: Ambassador Timothy John GROSER (since 28 January 2016)

chancery: 37 Observatory Circle NW, Washington, DC 20008

telephone: [1] (202) 328-4800

FAX: [1] (202) 667-5227[1] (202) 667-5227

consulate(s) general: Honolulu (HI), Los Angeles, New York

chief of mission: Ambassador Ashok Kumar MIRPURI (since 30 July 2012)

chancery: 3501 International Place NW, Washington, DC 20008

telephone: [1] (202) 537-3100

FAX: [1] (202) 537-0876

consulate(s) general: San Francisco

consulate(s): New York

chief of mission: Ambassador Scott P. BROWN (since 27 June 2017) note - also accredited to Samoa

embassy: 29 Fitzherbert Terrace, Thorndon, Wellington

mailing address: P. O. Box 1190, Wellington; PSC 467, Box 1, APO AP 96531-1034

telephone: [64] (4) 462-6000

FAX: [64] (4) 499-0490

consulate(s) general: Auckland

chief of mission: Ambassador (vacant); Charge d'Affaires Stephanie SYPTAK-RAMNATH (since 20 January 2017)

embassy: 27 Napier Road, Singapore 258508

mailing address: FPO AP 96507-0001

telephone: [65] 6476-9100

FAX: [65] 6476-9340

blue with the flag of the UK in the upper hoist-side quadrant with four red five-pointed stars edged in white centered in the outer half of the flag; the stars represent the Southern Cross constellation

two equal horizontal bands of red (top) and white; near the hoist side of the red band, there is a vertical, white crescent (closed portion is toward the hoist side) partially enclosing five white five-pointed stars arranged in a circle; red denotes brotherhood and equality; white signifies purity and virtue; the waxing crescent moon symbolizes a young nation on the ascendancy; the five stars represent the nation's ideals of democracy, peace, progress, justice, and equality

Southern Cross constellation (four, five-pointed stars), kiwi (bird), silver fern; national colors: black, white, red (ochre)

lion, merlion (mythical half lion-half fish creature), orchid; national colors: red, white

name: "God Defend New Zealand"

lyrics/music: Thomas BRACKEN [English], Thomas Henry SMITH [Maori]/John Joseph WOODS

note: adopted 1940 as national song, adopted 1977 as co-national anthem; New Zealand has two national anthems with equal status; as a commonwealth realm, in addition to "God Defend New Zealand," "God Save the Queen" serves as a national anthem (see United Kingdom); "God Save the Queen" normally played only when a member of the royal family or the governor-general is present; in all other cases, "God Defend New Zealand" is played

name: "Majulah Singapura" (Onward Singapore)

lyrics/music: ZUBIR Said

note: adopted 1965; first performed in 1958 at the Victoria Theatre, the anthem is sung only in Malay

Over the past 40 years, the government has transformed New Zealand from an agrarian economy, dependent on concessionary British market access, to a more industrialized, free market economy that can compete globally. This dynamic growth has boosted real incomes, but left behind some at the bottom of the ladder and broadened and deepened the technological capabilities of the industrial sector.

Per capita income rose for 10 consecutive years until 2007 in purchasing power parity terms, but fell in 2008-09. Debt-driven consumer spending drove robust growth in the first half of the decade, fueling a large balance of payments deficit that posed a challenge for policymakers. Inflationary pressures caused the central bank to raise its key rate steadily from January 2004 until it was among the highest in the OECD in 2007 and 2008. The higher rate attracted international capital inflows, which strengthened the currency and housing market while aggravating the current account deficit. Rising house prices, especially in Auckland, have become a political issue in recent years, as well as a policy challenge in 2016 and 2017, as the ability to afford housing has declined for many.

Expanding New Zealand’s network of free trade agreements remains a top foreign policy priority. New Zealand was an early promoter of the Trans-Pacific Partnership (TPP) and was the second country to ratify the agreement in May 2017. Following the United States’ withdrawal from the TPP in January 2017, on 10 November 2017 the remaining 11 countries agreed on the core elements of a modified agreement, which they renamed the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). In November 2016, New Zealand opened negotiations to upgrade its FTA with China; China is one of New Zealand’s most important trading partners.

Singapore has a highly developed and successful free-market economy. It enjoys a remarkably open and corruption-free environment, stable prices, and a per capita GDP higher than that of most developed countries. Unemployment is very low. The economy depends heavily on exports, particularly of electronics, petroleum products, chemicals, medical and optical devices, pharmaceuticals, and on Singapore’s vibrant transportation, business, and financial services sectors.

The economy contracted 0.6% in 2009 as a result of the global financial crisis, but has continued to grow since 2010. Growth from 2012-2017 was slower than during the previous decade, a result of slowing structural growth - as Singapore reached high-income levels - and soft global demand for exports. Growth recovered to 3.6% in 2017 with a strengthening global economy.

The government is attempting to restructure Singapore’s economy to reduce its dependence on foreign labor, raise productivity growth, and increase wages amid slowing labor force growth and an aging population. Singapore has attracted major investments in advanced manufacturing, pharmaceuticals, and medical technology production and will continue efforts to strengthen its position as Southeast Asia's leading financial and technology hub. Singapore is a signatory of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), and a party to the Regional Comprehensive Economic Partnership (RCEP) negotiations with nine other ASEAN members plus Australia, China, India, Japan, South Korea, and New Zealand. In 2015, Singapore formed, with the other ASEAN members, the ASEAN Economic Community.

$185.7 billion (2017 est.)

$179.5 billion (2016 est.)

$173.3 billion (2015 est.)

note: data are in 2017 dollars

country comparison to the world: 70

$513.7 billion (2017 est.)

$501.1 billion (2016 est.)

$491.3 billion (2015 est.)

note: data are in 2017 dollars

country comparison to the world: 41

$200.8 billion (2017 est.)

$305.8 billion (2017 est.)

3.5% (2017 est.)

3.6% (2016 est.)

3.2% (2015 est.)

country comparison to the world: 94

2.5% (2017 est.)

2% (2016 est.)

1.9% (2015 est.)

country comparison to the world: 134

$38,500 (2017 est.)

$37,800 (2016 est.)

$37,300 (2015 est.)

note: data are in 2017 dollars

country comparison to the world: 47

$90,500 (2017 est.)

$89,400 (2016 est.)

$88,800 (2015 est.)

note: data are in 2017 dollars

country comparison to the world: 7

21.1% of GDP (2017 est.)

20.5% of GDP (2016 est.)

20.1% of GDP (2015 est.)

country comparison to the world: 82

45% of GDP (2017 est.)

44.4% of GDP (2016 est.)

44.9% of GDP (2015 est.)

country comparison to the world: 5

household consumption: 57.1%

government consumption: 18.4%

investment in fixed capital: 23.2%

investment in inventories: 0.3%

exports of goods and services: 27.4%

imports of goods and services: -26.4% (2017 est.)

household consumption: 34.7%

government consumption: 11.4%

investment in fixed capital: 23.5%

investment in inventories: 1.9%

exports of goods and services: 179.2%

imports of goods and services: -150.6% (2017 est.)

agriculture: 3.9%

industry: 26.2%

services: 69.9% (2017 est.)

agriculture: 0%

industry: 26%

services: 74% (2016 est.)

dairy products, sheep, beef, poultry, fruit, vegetables, wine, seafood, wheat and barley

vegetables; poultry, eggs; fish, ornamental fish, orchids

agriculture, forestry, fishing, logs and wood articles, manufacturing, mining, construction, financial services, real estate services, tourism

electronics, chemicals, financial services, oil drilling equipment, petroleum refining, biomedical products, scientific instruments, telecommunication equipment, processed food and beverages, ship repair, offshore platform construction, entrepot trade

2.5% (2017 est.)

country comparison to the world: 111

3% (2017 est.)

country comparison to the world: 101

2.655 million (2017 est.)

country comparison to the world: 114

3.668 million

note: excludes non-residents (2017 est.)

country comparison to the world: 99

agriculture: 7%

industry: 19%

services: 74% (2006 est.)

agriculture: 0.96%

industry: 15.5%

services: 83.5%

note: excludes non-residents (2016 est.)

4.9% (2017 est.)

5.1% (2016 est.)

country comparison to the world: 66

2.2% (2017 est.)

2.1% (2016 est.)

country comparison to the world: 18

NA%

NA%

lowest 10%: NA%

highest 10%: NA%

lowest 10%: 1.7%

highest 10%: 26% (2016 est.)

36.2 (1997 est.)

country comparison to the world: 92

45.8 (2016 est.)

46.3 (2015 est.)

country comparison to the world: 37

revenues: $73.2 billion

expenditures: $71.9 billion (2017 est.)

revenues: $53.4 billion

expenditures: $56.49 billion

note: expenditures include both operational and development expenditures (2017 est.)

36.4% of GDP (2017 est.)

country comparison to the world: 49

17.5% of GDP (2017 est.)

country comparison to the world: 174

0.7% of GDP (2017 est.)

country comparison to the world: 21

-1% of GDP (2017 est.)

country comparison to the world: 60

32% of GDP (2017 est.)

33.3% of GDP (2016 est.)

country comparison to the world: 159

114.6% of GDP (2017 est.)

112.9% of GDP (2016 est.)

note: Singapore's public debt consists largely of Singapore Government Securities (SGS) issued to assist the Central Provident Fund (CPF), which administers Singapore's defined contribution pension fund; special issues of SGS are held by the CPF, and are non-tradable; the government has not borrowed to finance deficit expenditures since the 1980s; Singapore has no external public debt

country comparison to the world: 11

1 April - 31 March

note: this is the fiscal year for tax purposes

1 April - 31 March

2.2% (2017 est.)

0.6% (2016 est.)

country comparison to the world: 106

0.9% (2017 est.)

-0.5% (2016 est.)

country comparison to the world: 33

2.5% (31 December 2009 est.)

5% (31 December 2008 est.)

country comparison to the world: 114

1.17% (2016 est.)

1.21% (2015 est.)

country comparison to the world: 127

4.9% (31 December 2017 est.)

5.02% (31 December 2016 est.)

country comparison to the world: 147

5.4% (31 December 2017 est.)

5.35% (31 December 2016 est.)

country comparison to the world: 136

$44.4 billion (31 December 2017 est.)

$42.01 billion (31 December 2016 est.)

country comparison to the world: 56

$134.3 billion (31 December 2017 est.)

$119.4 billion (31 December 2016 est.)

country comparison to the world: 32

$199.9 billion (31 December 2017 est.)

$190 billion (31 December 2016 est.)

country comparison to the world: 40

$437.6 billion (31 December 2017 est.)

$388.6 billion (31 December 2016 est.)

country comparison to the world: 25

$300.9 billion (31 December 2017 est.)

$284.7 billion (31 December 2016 est.)

country comparison to the world: 38

$455.4 billion (31 December 2017 est.)

$383.3 billion (31 December 2016 est.)

country comparison to the world: 28

$74.35 billion (31 December 2015 est.)

$74.42 billion (31 December 2014 est.)

$65.96 billion (31 December 2013 est.)

country comparison to the world: 45

$654.8 billion (31 December 2016 est.)

$640 billion (31 December 2015 est.)

$752.8 billion (31 December 2014 est.)

country comparison to the world: 17

$-7.17 billion (2017 est.)

$-5.013 billion (2016 est.)

country comparison to the world: 181

$59.79 billion (2017 est.)

$56.5 billion (2016 est.)

country comparison to the world: 9

$37.35 billion (2017 est.)

$33.61 billion (2016 est.)

country comparison to the world: 55

$396.4 billion (2017 est.)

$361.6 billion (2016 est.)

country comparison to the world: 14

dairy products, meat and edible offal, logs and wood articles, fruit, crude oil, wine

machinery and equipment (including electronics and telecommunications), pharmaceuticals and other chemicals, refined petroleum products, foodstuffs and beverages

China 19.4%, Australia 17.1%, US 10.9%, Japan 6.2% (2016)

China 12.8%, Hong Kong 12.6%, Malaysia 10.5%, Indonesia 7.8%, US 6.8%, Japan 4.5%, South Korea 4.4% (2016)

$38.74 billion (2017 est.)

$35.53 billion (2016 est.)

country comparison to the world: 58

$309.7 billion (2017 est.)

$278.8 billion (2016 est.)

country comparison to the world: 16

petroleum and products, mechanical machinery, vehicles and parts, electrical machinery, textiles

machinery and equipment, mineral fuels, chemicals, foodstuffs, consumer goods

China 19.9%, Australia 12.6%, US 11.3%, Japan 7.1%, Germany 4.8%, Thailand 4.5%, South Korea 4.2% (2016)

China 14.3%, Malaysia 11.4%, US 10.8%, Japan 7%, South Korea 6.1%, Indonesia 4.8% (2016)

$18.32 billion (31 December 2017 est.)

$17.81 billion (31 December 2016 est.)

country comparison to the world: 63

$266.3 billion (31 December 2017 est.)

$246.6 billion (31 December 2016 est.)

country comparison to the world: 12

$88.08 billion (31 December 2017 est.)

$84.03 billion (31 December 2016 est.)

country comparison to the world: 54

$482.8 billion (31 December 2017 est.)

$504.2 billion (31 December 2016 est.)

country comparison to the world: 26

$78.25 billion (31 December 2017 est.)

$77.31 billion (31 December 2016 est.)

country comparison to the world: 52

$1.158 trillion (31 December 2017 est.)

$1.096 trillion (31 December 2016 est.)

country comparison to the world: 10

$59.08 billion (31 December 2009 est.)

country comparison to the world: 41

$725.9 billion (31 December 2017 est.)

$682.4 billion (31 December 2016 est.)

country comparison to the world: 15

New Zealand dollars (NZD) per US dollar -

1.42 (2017 est.)

1.43 (2016 est.)

1.43 (2015 est.)

1.43 (2014 est.)

1.2 (2013 est.)

Singapore dollars (SGD) per US dollar -

1.39 (2017 est.)

1.38 (2016 est.)

1.38 (2015 est.)

1.37 (2014 est.)

1.27 (2013 est.)

electrification - total population: 100% (2016)

electrification - total population: 100% (2016)

42.77 billion kWh (2015 est.)

country comparison to the world: 58

47.48 billion kWh (2015 est.)

country comparison to the world: 55

39.93 billion kWh (2015 est.)

country comparison to the world: 57

46.6 billion kWh (2015 est.)

country comparison to the world: 54

0 kWh (2016 est.)

country comparison to the world: 181

0 kWh (2016 est.)

country comparison to the world: 197

0 kWh (2016 est.)

country comparison to the world: 184

0 kWh (2016 est.)

country comparison to the world: 201

9.454 million kW (2015 est.)

country comparison to the world: 65

13.28 million kW (2015 est.)

country comparison to the world: 53

24% of total installed capacity (2015 est.)

country comparison to the world: 191

98.6% of total installed capacity (2015 est.)

country comparison to the world: 36

0% of total installed capacity (2015 est.)

country comparison to the world: 160

0% of total installed capacity (2015 est.)

country comparison to the world: 182

56.5% of total installed capacity (2015 est.)

country comparison to the world: 31

0% of total installed capacity (2015 est.)

country comparison to the world: 203

19.7% of total installed capacity (2015 est.)

country comparison to the world: 31

1.9% of total installed capacity (2015 est.)

country comparison to the world: 124

34,730 bbl/day (2016 est.)

country comparison to the world: 60

0 bbl/day (2016 est.)

country comparison to the world: 194

30,560 bbl/day (2016 est.)

country comparison to the world: 49

11,460 bbl/day (2014 est.)

country comparison to the world: 59

109,200 bbl/day (2016 est.)

country comparison to the world: 42

831,300 bbl/day (2014 est.)

country comparison to the world: 13

56.9 million bbl (1 January 2017 est.)

country comparison to the world: 79

0 bbl (1 January 2017 est.)

country comparison to the world: 193

117,100 bbl/day (2016 est.)

country comparison to the world: 65

955,500 bbl/day (2014 est.)

country comparison to the world: 22

167,700 bbl/day (2016 est.)

country comparison to the world: 63

1.34 million bbl/day (2015 est.)

country comparison to the world: 17

3,863 bbl/day (2016 est.)

country comparison to the world: 102

1.718 million bbl/day (2014 est.)

country comparison to the world: 5

54,750 bbl/day (2016 est.)

country comparison to the world: 78

2.153 million bbl/day (2014 est.)

country comparison to the world: 3

4.954 billion cu m (2015 est.)

country comparison to the world: 51

0 cu m (2014 est.)

country comparison to the world: 194

9.08 billion cu m (2015 est.)

country comparison to the world: 56

19.73 billion cu m (2015 est.)

country comparison to the world: 43

0 cu m (2014 est.)

country comparison to the world: 163

250 million cu m (2015 est.)

country comparison to the world: 47

0 cu m (2014 est.)

country comparison to the world: 171

12.37 billion cu m (2015 est.)

country comparison to the world: 24

35.88 billion cu m (1 January 2017 est.)

country comparison to the world: 69

0 cu m (1 January 2015 est.)

country comparison to the world: 195

37 million Mt (2013 est.)

country comparison to the world: 72

205 million Mt (2015 est.)

country comparison to the world: 29

total subscriptions: 1.76 million

subscriptions per 100 inhabitants: 41 (July 2016 est.)

country comparison to the world: 62

total subscriptions: 1,998,400

subscriptions per 100 inhabitants: 35 (July 2016 est.)

country comparison to the world: 59

total: 5.8 million

subscriptions per 100 inhabitants: 129 (July 2016 est.)

country comparison to the world: 113

total: 8,460,700

subscriptions per 100 inhabitants: 144 (July 2016 est.)

country comparison to the world: 96

general assessment: excellent domestic and international systems

domestic: combined fixed-line and mobile-cellular telephone subscribership exceeds 170 per 100 persons

international: country code - 64; the Southern Cross submarine cable system provides links to Australia, Fiji, and the US; satellite earth stations - 8 (1 Inmarsat - Pacific Ocean, 7 other) (2016)

general assessment: excellent service

domestic: excellent domestic facilities; combined fixed-line and mobile-cellular teledensity more than 180 telephones per 100 persons; multiple providers of high-speed Internet connectivity

international: country code - 65; numerous submarine cables provide links throughout Asia, Australia, the Middle East, Europe, and US; satellite earth stations - 4; supplemented by VSAT coverage (2016)

state-owned Television New Zealand operates multiple TV networks and state-owned Radio New Zealand operates 3 radio networks and an external shortwave radio service to the South Pacific region; a small number of national commercial TV and radio stations and many regional commercial television and radio stations are available; cable and satellite TV systems are available, as are a range of streaming services, as are a range of streaming services (2018)

state controls broadcast media; 7 domestic TV stations operated by MediaCorp which is wholly owned by a state investment company; broadcasts from Malaysian and Indonesian stations available; satellite dishes banned; multi-channel cable TV services available; a total of 18 domestic radio stations broadcasting, with MediaCorp operating 11, Singapore Press Holdings, also government-linked, another 5, and another 2 controlled by the Singapore Armed Forces Reservists Association; Malaysian and Indonesian radio stations are available as is BBC; a number of Internet service radio stations are also available

.nz

.sg

total: 3,958,642

percent of population: 88.5% (July 2016 est.)

country comparison to the world: 89

total: 4,683,200

percent of population: 81.0% (July 2016 est.)

country comparison to the world: 81

number of registered air carriers: 6

inventory of registered aircraft operated by air carriers: 123

annual passenger traffic on registered air carriers: 15,304,409

annual freight traffic on registered air carriers: 999,384,961 mt-km (2015)

number of registered air carriers: 5

inventory of registered aircraft operated by air carriers: 197

annual passenger traffic on registered air carriers: 33,290,544

annual freight traffic on registered air carriers: 6,154,365,275 mt-km (2015)

ZK (2016)

9V (2016)

123 (2013)

country comparison to the world: 48

9 (2013)

country comparison to the world: 158

total: 39

over 3,047 m: 2

2,438 to 3,047 m: 1

1,524 to 2,437 m: 12

914 to 1,523 m: 23

under 914 m: 1 (2017)

total: 9

over 3,047 m: 2

2,438 to 3,047 m: 2

1,524 to 2,437 m: 3

914 to 1,523 m: 1

under 914 m: 1 (2017)

total: 84

1,524 to 2,437 m: 3

914 to 1,523 m: 33

under 914 m: 48 (2013)

condensate 331 km; gas 2,500 km; liquid petroleum gas 172 km; oil 288 km; refined products 198 km (2018)

domestic gas 3,220 km (2014); cross-border pipelines 1,122 km (2017); refined products 8 km (2013)

total: 4,128 km

narrow gauge: 4,128 km 1.067-m gauge (506 km electrified) (2018)

country comparison to the world: 44

total: 94,000 km

paved: 61,600 km (includes 199 km of expressways)

unpaved: 32,400 km (2017)

country comparison to the world: 52

total: 3,496 km

paved: 3,496 km (includes 164 km of expressways) (2014)

country comparison to the world: 163

total: 103

by type: general cargo 16, oil tanker 4, other 83 (2017)

country comparison to the world: 83

total: 3,558

by type: bulk carrier 592, container ship 504, general cargo 134, oil tanker 722, other 1,606 (2017)

country comparison to the world: 6

major seaport(s): Auckland, Lyttelton, Manukau Harbor, Marsden Point, Tauranga, Wellington

major seaport(s): Singapore

container port(s) (TEUs): Singapore (30,922,000) (2015)

LNG terminal(s) (import): Singapore

1.1% of GDP (2017)

1.13% of GDP (2016)

1.11% of GDP (2015)

1.13% of GDP (2014)

1.12% of GDP (2013)

country comparison to the world: 106

3.35% of GDP (2016)

3.16% of GDP (2015)

3.11% of GDP (2014)

3.09% of GDP (2013)

3.17% of GDP (2012)

country comparison to the world: 24

New Zealand Defense Force (NZDF): New Zealand Army, Royal New Zealand Navy, Royal New Zealand Air Force) (2018)

Singapore Armed Forces: Army, Navy, Air Force (includes Air Defense) (2013)

17 years of age for voluntary military service; soldiers cannot be deployed until the age of 18; no conscription; 3 years of secondary education required; must be a citizen of NZ, the UK, Australia, Canada, or the US, and resident of NZ for the previous 5 years (2018)

18-21 years of age for male compulsory military service; 16 1/2 years of age for volunteers; 2-year conscript service obligation, with a reserve obligation to age 40 (enlisted) or age 50 (officers) (2012)

the International Maritime Bureau reports the territorial and offshore waters in the South China Sea as high risk for piracy and armed robbery against ships; numerous commercial vessels have been attacked and hijacked both at anchor and while underway; hijacked vessels are often disguised and cargo diverted to ports in East Asia; crews have been murdered or cast adrift; in the Singapore Straits there were nine attacks against commercial vessels in 2015, declining to only two attacks in 2016

asserts a territorial claim in Antarctica (Ross Dependency)

disputes persist with Malaysia over each country’s extensive land reclamation works, bridge construction, and maritime boundaries in the Johor and Singapore Straits; in 2008, ICJ awarded sovereignty of Pedra Branca (Pulau Batu Puteh/Horsburgh Island) to Singapore, and Middle Rocks to Malaysia, but did not rule on maritime regimes, boundaries, or disposition of South Ledge; in 2017, Malaysia filed a challenge to the 2008 ruling and applied for ownership of South Ledge; piracy remains a problem in the Malacca Strait

significant consumer of amphetamines

drug abuse limited because of aggressive law enforcement efforts, including carrying out death sentences; as a transportation and financial services hub, Singapore is vulnerable, despite strict laws and enforcement, as a venue for money laundering