Comprehensive Economic Performance Analysis of Singapore

This report provides a detailed analysis of Singapore's economic performance over the last decade, focusing on key indicators such as real GDP, real GDP growth rate, and per capita real GDP to assess output performance. It examines the trends in the labor market, including unemployment rates and types of unemployment, and discusses government measures to achieve full employment. Furthermore, the report delves into price level analysis, describing inflation trends, identifying causes of inflation (both demand-pull and cost-push), and exploring government measures to maintain stable prices. The analysis highlights the importance of Singapore's export-oriented economy, its reliance on external sectors, and the impact of government policies on economic stability and growth, making it a comprehensive overview of Singapore's economic landscape.