International organization participation:
APEC, ARF, AsDB, ASEAN, BIS, C, CP, ESCAP, G-77, IAEA, IBRD, ICAO,
ICC, ICFTU, ICRM, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC,
ISO, ITU, NAM, OPCW, PCA, UN, UNCTAD, UNIKOM, UNMEE, UNMISET, UPU,
WCL, WCO, WHO, WIPO, WMO, WTrO
Diplomatic representation in the US: chief of mission: Ambassador CHAN Heng Chee consulate(s): New York consulate(s) general: San Francisco FAX: [1] (202) 537-0876 telephone: [1] (202) 537-3100 chancery: 3501 International Place NW, Washington, DC 20008
Diplomatic representation from the US: chief of mission: Ambassador Franklin L. LAVIN embassy: 27 Napier Road, Singapore 258508 mailing address: PSC Box 470, FPO AP 96507-0001 telephone: [65] 6476-9100 FAX: [65] 6476-9340
Flag description:
two equal horizontal bands of red (top) and white; near the hoist
side of the red band, there is a vertical, white crescent (closed
portion is toward the hoist side) partially enclosing five white
five-pointed stars arranged in a circle
Economy Singapore
Economy - overview:
Singapore, a highly developed and successful free market economy,
enjoys a remarkably open and corruption-free environment, stable
prices, and one of the highest per capita GDPs in the world. The
economy depends heavily on exports, particularly in electronics and
manufacturing. It was hard hit in 2001-2002 by the global recession
and the slump in the technology sector. The government hopes to
establish a new growth path that will be less vulnerable to the
external business cycle than the current export-led model but is
unlikely to abandon efforts to establish Singapore as Southeast
Asia's financial and high-tech hub.
GDP:
purchasing power parity - $112.4 billion (2002 est.)
GDP - real growth rate:
2.2% (2002 est.)
GDP - per capita:
purchasing power parity - $25,200 (2002 est.)
GDP - composition by sector:
agriculture: NEGL%
industry: 33%
services: 67% (2001 est.)