In 2025, Luxembourg was the country with the highest gross domestic product per capita in the world. Of the 20 listed countries, 13 are in Europe and five are in Asia, alongside the U.S. and Australia. There are no African or Latin American countries among the top 20. Correlation with high living standards While GDP is a useful indicator for measuring the size or strength of an economy, GDP per capita is much more reflective of living standards. For example, when compared to life expectancy or indices such as the Human Development Index or the World Happiness Report, there is a strong overlap - 14 of the 20 countries on this list are also ranked among the 20 happiest countries in 2024, and all 20 have "very high" HDIs. Misleading metrics? GDP per capita figures, however, can be misleading, and to paint a fuller picture of a country's living standards then one must look at multiple metrics. GDP per capita figures can be skewed by inequalities in wealth distribution, and in countries such as those in the Middle East, a relatively large share of the population lives in poverty while a smaller number live affluent lifestyles.

Key information about Singapore Market Capitalization: % of GDP

• Singapore Market Capitalization accounted for 118.4 % of its Nominal GDP in Dec 2024, compared with a percentage of 118.2 % in the previous year
• Singapore Market Capitalization: % Nominal GDP is updated yearly, available from Dec 1979 to Dec 2024
• The data reached an all-time high of 322.0 % in Dec 1999 and a record low of 57.8 % in Dec 1985

CEIC calculates annual Market Capitalization as % of Nominal GDP from monthly Market Capitalization and annual Nominal GDP. The Monetary Authority of Singapore provides Market Capitalization in local currency. The Ministry of Trade and Industry provides Nominal GDP in local currency. Market Capitalization as % of Nominal GDP prior to 1999 is sourced from the World Bank.


Further information about Singapore Market Capitalization: % of GDP

• In the latest reports, FTSE All Share recorded a monthly P/E ratio of 13.2 in Jun 2022
• FTSE Strait Times closed at 3,855.8 points in Jan 2025

Singapore SG: Women Business and the Law Index Score: scale 1-100 data was reported at 82.500 NA in 2023. This stayed constant from the previous number of 82.500 NA for 2022. Singapore SG: Women Business and the Law Index Score: scale 1-100 data is updated yearly, averaging 65.000 NA from Dec 1970 (Median) to 2023, with 54 observations. The data reached an all-time high of 82.500 NA in 2023 and a record low of 51.875 NA in 1981. Singapore SG: Women Business and the Law Index Score: scale 1-100 data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Singapore – Table SG.World Bank.WDI: Governance: Policy and Institutions. The index measures how laws and regulations affect women’s economic opportunity. Overall scores are calculated by taking the average score of each index (Mobility, Workplace, Pay, Marriage, Parenthood, Entrepreneurship, Assets and Pension), with 100 representing the highest possible score.;World Bank: Women, Business and the Law. https://wbl.worldbank.org/;;1. For the reference period, WDI and Gender Databases take the data coverage years instead of reporting years used in WBL (https://wbl.worldbank.org/). For example, the data for YR2020 in WBL (report year) corresponds to data for YR2019 in WDI and Gender Databases. 2. The 2024 Women, Business and the Law (WBL) report has introduced two distinct datasets, labeled as 1.0 and 2.0. The WBL data in the Gender database is based on the dataset 1.0. This dataset maintains consistency with the indicators used in previous WBL reports from 2020 to 2023. In contrast, the WBL 2.0 dataset includes new areas of childcare and safety. For those interested in exploring the WBL 2.0 dataset, it is available on the WBL website at https://wbl.worldbank.org.

In July 2025, global inflation rates and central bank interest rates showed significant variation across major economies. Most economies initiated interest rate cuts from mid-2024 due to declining inflationary pressures. The U.S., UK, and EU central banks followed a consistent pattern of regular rate reductions throughout late 2024. In the first half of 2025, Russia maintained the highest interest rate at 18 percent, while Japan retained the lowest at 0.5 percent. Varied inflation rates across major economies The inflation landscape varies considerably among major economies. China had the lowest inflation rate at 0 percent in July 2025. In contrast, Russia maintained a high inflation rate of 8.8 percent. These figures align with broader trends observed in early 2025, where China had the lowest inflation rate among major developed and emerging economies, while Russia's rate remained the highest. Central bank responses and economic indicators Central banks globally implemented aggressive rate hikes throughout 2022-23 to combat inflation. The European Central Bank exemplified this trend, raising rates from 0 percent in January 2022 to 4.5 percent by September 2023. A coordinated shift among major central banks began in mid-2024, with the ECB, Bank of England, and Federal Reserve initiating rate cuts, with forecasts suggesting further cuts through 2025 and 2026.

The volume of air-freight transport in Singapore was forecast to increase between 2024 and 2029 by in total 0.5 billion ton-kilometers (+8.88 percent). This overall increase does not happen continuously, notably not in 2028 and 2029. The volume of air-freight transport is estimated to amount to 6.08 billion ton-kilometers in 2029. As defined by Worldbank, air freight refers to the summated volume of freight, express and diplomatic bags carried across the various flight stages (from takeoff to the next landing). The forecast has been adjusted for the expected impact of COVID-19.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than 150 countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).Find more key insights for the volume of air-freight transport in countries like Malaysia and Indonesia.

The number of newly registered businesses in Indonesia was forecast to continuously increase between 2024 and 2029 by in total 0.03 thousand companies (+23.08 percent). The number is estimated to amount to 0.16 thousand companies in 2029. Shown is the number of newly registered businesses. According to World bank, this refers to the number of new limited liability corporations (or its equivalent) that were registered within a given calendar year.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in up to 150 countries and regions worldwide. All indicators are sourced from international and national statistical offices, trade associations and the trade press and they are processed to generate comparable data sets (see supplementary notes under details for more information).Find more key insights for the number of newly registered businesses in countries like Thailand and Singapore.

The share of renewable energy in the total final energy consumption in Thailand was forecast to continuously decrease between 2024 and 2029 by in total 0.1 percentage points. After the thirteenth consecutive decreasing year, the share of renewable energy is estimated to reach 22.57 percent and therefore a new minimum in 2029. According to Worldbank the renewable energey TFEC share refers to the share of renewable energy in the total final energy consumption.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in up to 150 countries and regions worldwide. All indicators are sourced from international and national statistical offices, trade associations and the trade press and they are processed to generate comparable data sets (see supplementary notes under details for more information).Find more key insights for the share of renewable energy in the total final energy consumption in countries like Indonesia and Singapore.