Singapore is one of the most prosperous countries in the world, with a strong and vibrant economy. According to the World Bank, Singapore has a Gross Domestic Product (GDP) of $387.3 billion in 2019, making it the 36th largest economy in the world. Singapore also has a GDP per capita of $59,521, which is the highest in the world. The country has a low unemployment rate of 2.2%, and its inflation rate is 1.3%. Singapore also has a strong trade balance, with exports totaling $521.3 billion and imports totaling $459.2 billion in 2019. Singapore is also a major financial hub, with a total banking assets of $1.3 trillion in 2019. The country is also a major tourist destination, with over 18 million visitors in 2019. All these factors contribute to Singapore's strong and vibrant economy.