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Rating of Singapore

 

During a short history of its existence, Singapore has managed to achieve significant results in various areas such as the development of medicine and health care, construction and education, information technology and innovation. Its success in business development is the most impressive.

 

From year to year, Singapore holds top positions in international business ratings in the following categories: easiness of doing business, best investment potential, competitiveness of the economy, labor market flexibility, lack of corruption and the development of high technologies. Consider the following achievements:

 

RATING

INDICATOR

POSITION IN RATING

BERI Report 2016-I April 2016

Investment potential

№1 in the world

Doing Business Report 2017 by the World Bank

The ease of doing business

№2 in the world

Globalization Index 2017

The best country for international trade and investment

№2 in the world

Global Competitiveness Report 2016-2017 by the World Economic Forum

The competitiveness of the economy

№2 in the world

№1 in Asia

WEF Global Competitiveness Report 2016-2017 – Labor Market Efficiency

The efficiency and flexibility of the labor market

№2 in the world

№1 in Asia

WEF Global Competitiveness Report 2016-2017 – Goods Market Efficiency

The effectiveness of the trading system

№1 in the world

IMD Stress Test on Competitiveness 2009

The ability to manage crisis situations and increase the level of competitiveness

№2 in the world

№1 in Asia

WEF Global Information Technology Report 2016

The development of high technologies and the Internet

№1 in the world

KPMG’s Corporate and Indirect Tax Rate Survey 2014

The level of tax rate

№3 among the countries with the lowest tax rates in Asia

Transparency International Corruption Perceptions Index (CPI) 2016

The level of corruption in the country

№7 among the least corrupt countries in the world

№1 among the least corrupt countries in the Asia-Pacific region

 

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