Among countries with high per capita GDP globally, Singapore's rise is considered exceptional.

The data comparison is striking—Singapore's per capita GDP was only $28,000 in 2004, ranking in the middle. By 2024, this figure has soared to $91,000, placing it among the top 4 in the world. In just 20 years, it has more than tripled. Such a growth rate is nearly unmatched among developed countries.

Comparing the United States and Australia makes it clear: in the same 20 years, the per capita GDP of both countries has doubled, but that's about it. Other developed countries? Not even twice as much. Ireland seems to be growing fast, but that is actually a statistical phenomenon—multinational corporations settle their profits there, inflating the local GDP figures, with a significant portion being artificially high.

Singapore's success naturally comes with its own confidence. Its geographical location is a natural advantage. Upgrading industries to high-tech, attracting global talent, riding the fast track of global trade rise, and consolidating its position as a financial center—these are all tangible improvements in competitiveness. However, it must also be acknowledged that there is a factor at the statistical level that raises the numbers: foreign workers account for 25% of Singapore's total population, and this group is not included in the per capita GDP statistics, artificially inflating the final value.

In contrast, the growth logic of other countries is different. Australia mainly relies on resource exports. In the United States, the driving force behind the doubling of per capita GDP mainly comes from financial operations—the significant expansion of the dollar system directly leads to a surge in GDP. However, this has also brought new problems: as the economy expands, the system's vulnerabilities accumulate; the higher the numbers, the heavier the potential risk burden.