Economy of Singapore

Singapore's economy grew more than expected in the second quarter, data showed on July 14, helping it avoid a recession, but analysts warned the trade-dependent city faced headwinds owing to weak overseas demand.

The Southeast Asian nation's performance is often seen as a barometer of the global environment because of its reliance on international trade.

Singapore is expected to post slower economic growth this year but it "should avoid an outright contraction", Prime Minister Lee Hsien Loong said Sunday.

The Southeast Asian city-state's economic performance is often seen as a barometer of the global environment because of its reliance on trade with the rest of the world.    

Despite the concerns raised due to the Omicron variant, the Greek economy is counting on positive developments near the end of 2021.

Turkey's national income per capita has been forecasted to decrease below $10,000 for the next two years, projected to lower to $9,286 in 2015 and $9,364 in 2016 on the dollar-basis rather than purchasing power in the government's new medium-term economic program. 

The national income per capita was $10,390 in 2014. 

You can tell how much an economist knows about the Singaporean economy by how (s)he feels about the city-state. If (s)he is raving about the country?s economic policies, such as its business climate and rule of law, they probably do not know much.