Despite its small size, Singapore holds one of the leading economic roles in the Asian region. Gross national product per capita is one of the highest in the world.

The country has developed electronics manufacturing, shipbuilding and the financial sector. The country conducted extensive research in the field of biotechnology. Singapore stock exchange — the fourth in the world after London, new \York and Tokyo. Fishing, petroleum, chemical, food, textile, light industry. Singapore is the largest Asian exporter of rubber. Singapore’s seaport is among the largest ports in the world, and in many respects holds first place. Changi international airport (Changi) is the main aviation hub in Southeast Asia. Taxation in Singapore is one of the best in the world.