Singapore Economic Analysis: Strongest Free Market in South East Asia
According to in depth Singapore economic analysis a highly developed and free-market condition is prevalent in economic scenario of Singapore. In fiscal year 2008, GDP of Singapore with regard to purchasing power parity has been estimated to be $244 billion. Per capita income related to GDP was found to be $52,900 in 2008. Gross domestic product real growth rate has been shown to be 3 percent in 2008, while GDP as per official exchange rate, as per statistical information, was $192.8 billion.