Singapore is the leading economy in Southeast Asia, celebrated for its high-income status, competitive business environment, and outstanding infrastructure. As a global financial hub, it ranks highly in various economic indices, showcasing strong performance in innovation, trade, and investment. Its strategic location, skilled workforce, and proactive government policies further bolster its position as a regional powerhouse.
Recognized for its business-friendly regulatory environment and significant investments in education, healthcare, and public services, Singapore also topped the 2020 World Bank Human Capital Index, highlighting its commitment to sustainable growth and development.
In 2024, Singapore's economy is projected to grow modestly, with forecasts ranging from 1% to 3%. Notably, the economy expanded by 2.9% year-on-year in the second quarter, following a 3% increase in the first quarter. A key initiative influencing the nation’s future is the "Singapore Green Plan 2030," launched in February 2021. This ambitious framework aims to enhance sustainable development over the next decade, reinforcing Singapore's commitment to the UN's 2030 Sustainable Development Agenda and the Paris Agreement, with a target of achieving net zero emissions by 2050.
Vodus Research is dedicated to empowering businesses aiming for success in the Singapore market. Leveraging our deep understanding of Singapore's unique market dynamics, we take a proactive approach that incorporates modern strategies and advanced technology to deliver valuable market insights.
By forming strategic partnerships with top online publishers, we provide real-time, actionable insights from various consumer segments in Singapore, equipping businesses with the intelligence they need to remain competitive in this dynamic environment.
Singapore Key Insights 2024
Key Growth Sectors
Fintech, Insurance, Manufacturing