Singapore: Small Nation, Global Economic Giant with Unmatched Per Capita Income

• Singapore, despite being 5 times smaller than Goa, boasts the world's highest per capita income by PPP, estimated at $156,970-$161,550 annually.
• Its nominal per capita income is also among the top 4-6 globally, ranging from $94,481 to $99,042 annually, significantly higher than other Southeast Asian nations.
• Known as a 'Fine City' due to strict rules, Singapore is recognized for its cleanliness, low corruption, and safety, attracting foreign investment.
• The nation's economy thrives on its status as one of the world's busiest ports and a major trade and financial hub.
• Singapore offers a high quality of life with a long average lifespan, fast internet, low corporate taxes (17%), and high ease of doing business.

Why It Matters: Singapore, a tiny city-state, leads globally in per capita income and economic prosperity due to strategic policies.