By in Random

Singapore has more people than New Zealand

Singapore is a very small country. New Zealand is a big country from the standpoint of Singapore.

However, when it comes to population, New Zealand has one million less people.

Singapore has about 5.5 million people.

New Zealand has about 4.5 million people.

There is a website comparing many statistics about the two countries.

http://www.ifitweremyhome.com/compare/SG/NZ

The interesting fact is that Singapore has low unemployment rate. If New Zealand were your home instead of Singapore you would have higher chance of unemployed, higher chance of getting murdered, spending more on health care, use more electricity, and making less money.

I think one of the main reasons for the difference is the tax rate. New Zealand has much higher income tax than Singapore. The Goods and Service Tax is 7% in Singapore, and 15% in New Zealand.

In Singapore, about 67% of the working population does not pay income tax.

For the low income earners, the government subsidies their earnings by a scheme known as Workfare Bonus.

In New Zealand, practically everyone pays income tax.


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Comments

msiduri wrote on June 23, 2015, 8:36 AM

All that may be true, but I bet New Zealand has got you beat when it come to sheep. emoticon :smile:

bestwriter wrote on June 23, 2015, 9:09 AM

I have been to both the countries. When it comes to natural beauty NZ beats Singapore hollow emoticon :grin:

CoralLevang wrote on June 23, 2015, 9:23 AM

bestwriter and msiduri both make great points. And I would like to make one more: Singapore doesn't have valmnz !

cmoneyspinner wrote on June 23, 2015, 2:46 PM

Very interesting contrast and comparison. Why did you choose Singapore versus New Zealand? Do you live in one country but had thoughts about moving to the other OR are you trying to decide where to relocate?

valmnz wrote on June 23, 2015, 3:39 PM

Ha, ha I love msiduri 's answer above. Thanks for pointing out all our bad points. I'd still rather live here than Singapore, for our open spaces, wildlife, beaches and mountains and chances for a whole range of opportunities not available in Singapore.

valmnz wrote on June 23, 2015, 3:41 PM

And they probably don't want me either emoticon :smile: CoralLevang my lifestyle would not fit in very well there,

msiduri wrote on June 23, 2015, 4:49 PM

Rumor has it that msiduri can be something of a smartypants at times. Though frankly, there are people who are quite happy in Singapore. It does have a lot to offer them as far as personal wealth and material goods. I can't argue with that. It is personal preference.

scheng1 wrote on June 24, 2015, 8:54 AM

I stay in Singapore and have visited New Zealand.

cmoneyspinner wrote on June 24, 2015, 11:30 AM

I'm jealous. Two places I would love to see in my lifetime but now for numerous personal reasons it's not likely to ever happen. Have wanted to visit New Zealand ever since I saw a special on television special when I was a kid. Then I saw a documentary on Singapore several years ago and it looked like a cool place to go for vacation. I can dream though! :)

cheri wrote on June 26, 2015, 4:23 AM

I have been to Singapore years back and I could say that its true. There are many people there.

Ruby3881 wrote on June 29, 2015, 8:31 PM

Oh my, that's a lot of people who are exempt from income tax! Maybe Canada could learn a few things from Singapore too!

scheng1 wrote on July 1, 2015, 9:45 AM

That's because Singapore is among the top 3 richest countries in the world.

Shellyann36 wrote on July 5, 2015, 9:59 PM

I have always wanted to go to New Zealand. Interesting contrasts between the countries.

peachpurple wrote on July 26, 2015, 9:00 AM

Amazing that singapore can contain so many people, talented professionals