Singapore Overview

Photo credit

Janet Morris
7:07pm Monday 21 May

Singapore-New Zealand relations are long-standing and friendly, and are based on a close political, economic and defence ties.

Two-way trade between Singapore and New Zealand continues to increase. In the year to December 2011, it reached a total of NZ$2.9 billion. In the year ending December 2011, Singapore was our eleventh largest export market.

In addition to AANZFTA, New Zealand also partners with Singapore in the 2005 Trans-Pacific Strategic Economic Partnership (TPSEP, TransPac or P4). We are also parties to bilateral agreements on Defence, Double Taxation, Air Services, an Audio-visual Co-production Agreement and a Work Exchange Agreement enabling tertiary students and recent graduates to work in each other's country for up to six months.

Map of Singapore and surrounding region with ASEAN neighbours marked

Key demographics

Official name The Republic of Singapore
Land area 707 sq km
Population 5 million
Capital city Singapore
Religion Buddhism, Islam, Christianity, Taoism, Hindu
Language Malay, Chinese (Mandarin), Tamil and English are the official languages. Malay is the national language and English the administrative language.
Currency Singapore dollar

Key statistics

GDP US$266.5 billion (IMF 2011 estimate)
GDP per capita US$59,936 (PPP estimate 2011)
Total exports  US$358.5 billion (2010)
Total imports US$311.73 billion (2010)
Total NZ exports to Singapore NZ$812.9 million (2011)
Total NZ imports from Singapore NZ$2089.7 million (2011)

Sources of data: IMF (GDP data), World Bank (export/imports) and Global Trade Atlas (NZ exports/imports).

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Last updated: 28 March 2012