O! Whoever answer this, is ignorant to the core. Read more books, get yourself a proper education and try to travel the world more. Singapore is rich because they have a highly developed market-based economy READ: NOT AGRICULTURAL PRODUCE COUNTRY, which has historically revolved around extended entrepot trade. The economy depends heavily on exports and refining imported goods, especially in manufacturing which includes significant electronics, petroleum refining, chemicals, mechanical engineering and biomedical sciences sectors. In 2006 Singapore produced about 10% of the world's foundry wafer output. Singapore has one of the busiest port of the world and is the world's fourth largest foreign exchange trading centre after London, New York and Tokyo.