Singapore PESTLE Insights - A Macroeconomic Outlook Report

Singapore PESTLE Insights - A Macroeconomic Outlook Report

Summary

Singapore’s central region acts as hub for most of the financial and professional services firms. The western region is dominated by the port and water transport industry due to its proximity to the port, while the eastern region is dominated by the airline industry due to its proximity to Changi Airport.

According GlobalData, financial intermediation, real estate and business activities contributed 32.8% to the country’s gross value added (GVA) in 2020, followed by mining, manufacturing and utilities (21.9%) and wholesale, retail and hotels (19.6%). The sectors are expected to grow by 6.1%, 4.4%, 6.8%, respectively, in 2021.

Overall, the Singapore Strait Times index has exhibited an increasing trend since November 2020. As of August 16, 2021, the FSSTI index stood at 3,145.52, compared to 2,581.32 on August 16, 2020.

Scope

  • The Ministry of Transport is expected to spend US$11.07bn in 2021 on various transport development projects
Reasons to Buy
  • Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
  • PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
  • Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
  • This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.


List of Exhibits
Did You Know?
Country Highlights
Recovery from the COVID-19 Crisis
Country snapshot
Political Landscape
Economic Landscape
Social Landscape
Technological Landscape
Legal Landscape
Environmental Landscape
Outlook
List of Figures
Exhibit 1: Singapore’s Performance in terms of its Country Risk Analysis in Comparison to Asia-Pacific and the World Average
Exhibit 2: Performance Overview (Score: 1-100)
Exhibit 3: Broad Categories and Weights Behind the Index
Exhibit 4: Singapore Strait Times (FSSTI Index)
Exhibit 5: Key Sectors’ Contribution to the Economy
Exhibit 6: FDI Flows (2016-2020) and FDI Stock by Sector (2015-2019)
Exhibit 7: FDI by Region (2015-2019) and Share of FDI by Region (2019)
Exhibit 8: Key Infrastructure Indicators
Exhibit 9: Real GDP and Household Consumption Growth Rate (2016-2023f)
Exhibit 10: Real GDP Growth Rate Comparison (2020)
Exhibit 11: Exports, Imports, and Trade Balance (2016-2023f)
Exhibit 12: Current Account Balance (2016-2023f)
Exhibit 13: Top Three Commodity Exports, % of Total Exports (2016-2020)
Exhibit 14: Electrical Machinery and equipment, % of World Total (2020)
Exhibit 15: Interest Rates (August 2018 - August 2021)
Exhibit 16: Exchange Rate and Inflation (2016-2023f)
Exhibit 17: Public Finance (2016-2023f)
Exhibit 18: General Government Debt (2016-2023f)
Exhibit 19: Employment and Unemployment Rate (%) (2016-2023f)
Exhibit 20: Average Annual Wages (2016-2023f)
Exhibit 21: Labor Cost Index (2016-2023f)
Exhibit 22: Rural/Urban Share of Total Population (1995, 2005, 2015, 2025)
Exhibit 23: Age-group Share of Total Population (1995, 2005, 2015, 2025)
Exhibit 24: Gender Split (1995, 2005, 2015, 2025)
Exhibit 25: Internet Users as a Percentage of the Total Population, Mobile Penetration Rate and Broadband Penetration Rate (2020)
Exhibit 26: Number of Patents Granted Per Million Population (2020)
Exhibit 27: High-technology Exports, % of Manufactured Exports (2019)
Exhibit 28: Doing Business in Singapore 2020
Exhibit 29: Corruption Perceptions Index (Rankings) (2020)
Exhibit 30: CO2 Emissions (2016-2020)

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