← INNOVATIVE ECOSYSTEMS
    🇸🇬

    Singapore

    Benchmark
    Southeast Asia · #1 of 117 markets · IEPA 2024 (final) · 2026 current estimate available
    82.0▲ +2.7 YoY
    ●●●0.88IEPA COMPOSITE

    Singapore scores 82.0 out of 100 on the IEPA (2024 edition), ranking #1 of 117 economies. That is up 2.7 points on the year before. Its strongest zone is Prosperity Outcomes at 86.6. Its binding constraint, the lowest-scoring of its six zones, is Resilience at 70.3. How the IEPA works →

    SIX FACTORS · CLICK ANY SCORE FOR ITS EVIDENCE
    IEPA TRAJECTORY · 2010–2026
    2010201220142016201820202022202420266872768084
    CAPITAL FLOWS · FDI NET INFLOWS % OF GDP
    201020112012201320142015201620172018201920212023202509182736
    IE FDI intelligence · synced weekly
    PRODUCTIVE CAPABILITY
    IE COMPLEXITY LAYER · VINTAGE 2024
    #5of 145 ranked economies▲ 2 places since 2010
    How much productive know-how this market has demonstrated, read from the range and rarity of what it makes competitively.
    20102011201220132014201520162017201820192020202120222023202446810
    CAPABILITY RANK · HIGHER IS BETTER
    2.80% / yr
    Implied growth
    Annual growth the current capability base points to.
    152
    Diversity
    Distinct products made at competitive scale.
    +1.52
    Capability score
    Standardized: 0 is the world average.
    +0.82
    Outlook
    Value of the new products within reach of what it already does.
    INDUSTRY STRENGTHS · REVEALED FROM TRADE EVIDENCE
    VINTAGE 2022-2024
    TRADE-HUB PROFILE · RE-EXPORT INTENSITY CAN LIFT GOODS FIGURES; READ ALONGSIDE THE FULL PROFILE
    POSITION IN THE PRODUCT SPACE
    IE COMPLEXITY LAYER · VINTAGE 2024
    Electronic and Electrical Goods39 of 73 made · 85% of the rest within reach
    Industrial Chemicals and Metals43 of 157 made · 69% of the rest within reach
    Metalworking and Electrical Machinery and Parts16 of 155 made · 40% of the rest within reach
    Minerals4 of 48 made · 32% of the rest within reach
    Agriculture9 of 200 made · 17% of the rest within reach
    Construction, Building, and Home Supplies4 of 104 made · 22% of the rest within reach
    Textile and Home Goods3 of 78 made · 17% of the rest within reach
    Textile Apparel and Accessories1 of 50 made · 12% of the rest within reach
    MADE COMPETITIVELYONE STEP AWAY
    Widest opening is Industrial Chemicals and Metals. This market makes 27% of that cluster today, and 69% of what it does not make sits one step from something it already does.
    Textile Apparel and Accessories is the furthest: 2% made, and only 12% of the rest is within one step. A move there means building capability rather than extending it.
    READ ON THE 119 OF 152 COMPETITIVE PRODUCTS THAT CARRY A POSITION IN THE CAPABILITY MAP
    POSITIONED TO BUILD NEXT
    IE COMPLEXITY LAYER · VINTAGE 2024
    Industrial electric furnaces$8B world market
    Machinery & Industrial EquipmentOPENS 0.43 · COMPLEXITY +1.12
    Electric soldering machines$13B world market
    Machinery & Industrial EquipmentOPENS 0.41 · COMPLEXITY +0.65
    Silicones in primary forms$7B world market
    Chemicals & PlasticsOPENS 0.41 · COMPLEXITY +1.18
    Other organo-inorganic compounds$7B world market
    Chemicals & PlasticsOPENS 0.38 · COMPLEXITY +1.19
    Lathes for removing metal$6B world market
    Machinery & Industrial EquipmentOPENS 0.38 · COMPLEXITY +1.21
    X-ray machines$25B world market
    Healthcare & Life SciencesOPENS 0.37 · COMPLEXITY +1.16
    THE NEAREST OPTIONS AMONG 405 PRODUCTS ASSESSED · RANKED BY HOW MUCH EACH OPENS UP NEXT
    LIVE SIGNALS
    Sensors, cameras and microphones: How F1 teams tap data, AI to make real-time decisions on the track
    Business Times SG · Oct 11 · Economic Policy
    Airlines are upgrading Wi-Fi. Not all are using Elon Musk’s Starlink
    Business Times SG · Oct 10 · Economic Policy
    PEERS · BENCHMARK
    🇫🇮Finland68.3→🇮🇱Israel68.2→🇩🇪Germany67.2→🇺🇸United States67.2→
    ECOSYSTEM DENSITY
    IE Ecosystem Registry · 2026-10-11
    326organizations indexed across 8 types · 324 mapped
    Corporate R&D
    98
    Universities & research bodies
    91
    Government bodies
    53
    Research organizations
    41
    Health research
    34
    Fab labs & makerspaces
    6
    Science & tech parks
    2
    company
    1
    Universities, corporate R&D, government bodies, incubators, accelerators, science parks, and special economic zones, indexed today.Explore the directory →
    ORGANIZATIONS
    a sample of 326 indexed
    Punggol Digital District by JTC
    Science & tech parks · Singapore
    Nanyang Polytechnic
    Universities & research bodies · Singapore · 1992
    Raffles Institution
    Universities & research bodies · Singapore · 1823
    Biosensors International Group (Singapore)
    Corporate R&D · Singapore · 1990
    Danaher (Singapore)
    Corporate R&D · Singapore · 1969
    East Asia Research
    Research organizations · Singapore · 2015
    Institute of Occupational Medicine
    Research organizations · Singapore · 2012
    Khoo Teck Puat Hospital
    Health research · Singapore · 2010
    Gleneagles Hospital
    Health research · Singapore · 1957
    Tucker Medical
    company · Singapore
    Building and Construction Authority
    Government bodies · Singapore · 1999
    Digital Fabrication Space @ Science Centre Singapore
    Fab labs & makerspaces · Singapore
    Members get the full directory, filters, and exports.See all 326 organizations →

    Singapore: common questions

    What is Singapore's IEPA score?
    Singapore scores 82.0 out of 100 on the IEPA, 2024 edition, which ranks it #1 of 117 economies.
    What is Singapore's strongest zone?
    Prosperity Outcomes, at 86.6. The six zones are scored separately, so a market's strengths stay visible instead of being averaged away.
    What is holding Singapore back?
    Its binding constraint is Resilience, at 70.3, the lowest of its six zones. The IEPA reports every zone separately so the constraint stays visible instead of being averaged into the composite.
    How does Singapore compare with its peers?
    The closest scored peers are Finland (68.3), Israel (68.2), Germany (67.2), United States (67.2).
    What is the IEPA?
    The Innovation Ecosystem Prosperity Assessment (IEPA) scores economies across six zones: innovation capacity, entrepreneurship capacity, resilience, alignment, the FDI accelerator, and prosperity outcomes. Every score carries a confidence band and traces to the evidence behind it.
    Run the full diagnostic →Talk to IE about Singapore →