Singapore is a high-income economy with a gross national income of US$82,807 per capita, as of 2022. The country provides one of the world’s most business-friendly regulatory environments for local entrepreneurs and is ranked among the world’s most competitive economies. Singapore ranks highest in the 2020 World Bank Human Capital Index and is ranked amongst the world most competitive economies.
The hub combines World Bank Group-wide expertise with Singapore's experience on infrastructure finance, trade, and urban development. It is the largest operational office co-locating staff from the World Bank, International Finance Corporation and MIGA.