Singapore ranked highest in Asia and sixth in the world in the 2026 Prosperity Index released by insurance comparison platform HelloSafe, scoring 66.43 out of 100, more than double South Korea's 31.96 and nearly triple Japan's 24.94.
The index placed Singapore behind only Norway, Ireland, Luxembourg, Switzerland and Iceland in the global rankings. It was the only non-European country in the top 10, ahead of Denmark, the Netherlands, Belgium and Sweden.Singapore's standing rests on the two most heavily weighted measures in the index. Its GDP per capita in purchasing power parity terms is among the highest in the world, estimated by the International Monetary Fund at around $156,000 for 2026, placing the city-state alongside Luxembourg at the top of the global table. It also scored strongly on human development: the United Nations Development Programme's 2025 Human Development Report put Singapore's HDI at 0.946, the 12th highest of any country, reflecting long life expectancy, high educational attainment and high incomes.The city state led HelloSafe's regional Asia panel, which the report framed as a contrast between two models of wealth: Gulf states whose prosperity rests on oil revenue, and East Asian economies whose prosperity is built on education, productivity and innovation.Qatar came second in Asia at 50.60, followed by the United Arab Emirates at 50.22. South Korea and Japan ranked fourth and fifth in the region.
