Singapore is one of the world's major commercial centers, the fourth biggest financial center and the fifth busiest port.
Its globalized and diversified economy relies particularly on commerce and the manufacturing sector.
In terms of purchasing power parity, Singapore has the third largest per capita income in the world, as well as figuring among the leaders in international lists of education, health, political transparency and economic competitiveness.
Its population, some five million inhabitants, is very diverse: around two million are of foreign origin and among the native inhabitants, 75% are Chinese and the rest Malay, Indian or Eurasian minorities.
This diversity is reflected in the four official languages of the country: English, Mandarin, Malay and Tamil, and the government policies which promote multiculturalism.
Singapore is one of the founder members of the Association of South East Asian Nations and has been the site of the Asia Pacific Economic Cooperation Secretariat, as well as being a member of the East Asia Summit, the Non-Aligned Movement and the Commonwealth.