|
|
Welcome to Economist Intelligence Unit (EIU)
The Economist Intelligence Unit provides a constant flow of analysis and forecasts on more than 200 countries and eight key industries. We help executives make informed business decisions through dependable intelligence delivered online.
EIU Singapore
The People's Action Party government will dominate the political scene in 2008-09. Singapore's relations with Malaysia will be influenced by political developments in that country. The Singapore government's efforts to restructure the economy will centre on fiscal policy. Budget surpluses will be recorded in fiscal years 2008/09 and 2009/10 (April-March). Real GDP growth will decelerate from an estimated 7% in 2007 to a still healthy annual average of 5.1% in 2008-09; private consumption and investment will be major drivers of growth. Consumer price inflation will remain low in 2008-09, and the Singapore dollar will continue to appreciate against the US dollar. The current-account surplus will fall, but will remain large. |
![](/eiu2005/images/spaceClear.gif") |
 |
| Key Reports Available for Singapore |
|
|
| Land area | | 6,994 sq km (including smaller islands) | | Population | | 3.6m (mid-2007 government estimate; 4.6m including non-residents) | | Climate | | Tropical | | Weather (altitude ten metres) | | Hottest month, May, 24-32°C (average daily minimum and maximum); coldest month, January, 23-30°C; driest month, July, 70 mm average rainfall; wettest month, December, 244 mm average rainfall | | Languages | | English, Chinese, Malay and Tamil | | Measures | | The metric system is now predominant | | Currency | | Singapore dollar (S$)=100 cents. Average exchange rate in 2007: S$1.51:US$1. Exchange rate on May 13th 2008: S$1.37:US$1 | | Time | | Eight hours ahead of GMT | | Public holidays | | January 1st (New Year's Day); Chinese New Year; Good Friday; May 1st (Labour Day); Vesak Day; August 9th (National Day); Hari Raya Puasa; Deepavali; Hari Raya Haji; December 25th (Christmas Day) |
|
|
|
|
|
|
