Singapore's economy is very strong. Its GDP per person is around $156,000. It also has good human development, with long life, good education, and high income.

Singapore is the richest country in Asia, according to a report.

Qatar and the United Arab Emirates are second and third in Asia. South Korea and Japan are fourth and fifth.

A view of Singapore.

The report uses five indicators to measure wealth: GDP per person, national income, human development, income inequality, and poverty rate.

Norway is the richest country in the world, with a strong economy and social model. Ireland is second, but its GDP is inflated by multinational companies.

The US is 17th in the world, with a high poverty rate and unequal income. Canada and France are 18th and 20th, with the Czech Republic just above France.

Germany, Australia, Japan, and the UK are not in the top 10.