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Singapore's journey began as a British trading post in the 19th century. Since independence in 1965, it has seen rapid economic growth and development. Despite its small size, Singapore is a financial giant. It's considered one of the world’s foremost financial hubs, with a robust banking sector. Gross Domestic Product (GDP) of Singapore: The GDP of Singapore was worth $466.79 billion in 2022. This represented a 10.14% increase from 2021. The GDP per capita of Singapore in 2022 was $82,808. Status of International Trade of Singapore: In 2022, Singapore's total merchandise trade surged by 17.7% to $1.4 trillion, up from $1.2 trillion in 2021. Oil trade expanded by 47.5% amidst higher oil prices compared to a year ago, while non-oil trade grew by 11.9%. Merchandise exports and imports increased by 15.6% and 20.1% respectively. Total services trade rose robustly by 10.8% to $758 billion in 2022, from $684 billion in 2021. Services exports and imports increased by 12.1% and 9.3% respectively in 2022. The top two universities in Singapore are: National University of Singapore (NUS): Founded in 1980, NUS is Singapore's top-ranked institution. It has a number 1 overall Asian ranking, at number 11 global ranking. Nanyang Technological University (NTU) is a highly ranked publicly funded university in Singapore known for extensive research in various fields including engineering, business, humanities, arts and social sciences, and medicine. International students in Singapore come from various countries in the Asia-Pacific region like India and Nepal.