When Singapore became independent in 1965, its economic and social conditions were poor and per capita GDP was US$519, only 13.5 per cent of the United States' and 77 per cent of Hong Kong's. By last year, Singapore's per capita GDP had galloped to U
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When Singapore became independent in 1965, its economic and social conditions were poor and per capita GDP was US$519, only 13.5 per cent of the United States' and 77 per cent of Hong Kong's. By last year, Singapore's per capita GDP had galloped to US$52,960 (S$71,000), 92 per cent of the US' and 1.21 times that of Hong Kong.
Credits: 
PHOTO: LIANHE ZAOBAO