Annual increase: 14%
This island country in Southeast Asia felt the pains of the 2008-2009 global recession, but its $182 billion economy bounced back relatively quickly as Singapore's government flushed the country with capital from the stimulus package.
Not only has business and trade rebounded, but home prices have surged to the point where government officials worry that prices might be rising too much. Singapore has been trying to curb speculative buyers -- earlier this year, it raised down payment requirements for second mortgages and extended the period homeowners must hold properties to avoid a sales tax.
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Last updated April 28 2011: 12:31 PM ET