Singapore is ranked 2 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Singapore remained unchanged at 2 in 2019 from 2 in 2018.

Ease of Doing Business in Singapore averaged 1.50 from 2008 until 2019, reaching an all time high of 3 in 2015 and a record low of 1 in 2009. This page includes a chart with historical data for Ease of Doing Business in Singapore. Ease of Doing Business in Singapore - values, historical data and charts - was last updated on April of 2020. source: World Bank

Ease of Doing Business in Singapore is expected to reach 2.00 by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ease of Doing Business in Singapore is projected to trend around 2.00 in 2021, according to our econometric models.

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Ease of Doing Business in Singapore

Actual Previous Highest Lowest Dates Unit Frequency
2.00 2.00 3.00 1.00 2008 - 2019 Yearly

Singapore Business Last Previous Highest Lowest Unit
Business Confidence -12.00 -5.00 54.00 -57.00 points [+]
Manufacturing PMI 48.70 50.30 53.10 48.30 points [+]
Industrial Production -1.10 3.50 58.60 -32.30 percent [+]
Industrial Production Mom -22.30 18.79 28.63 -22.30 percent [+]
Changes in Inventories 2103.00 2048.70 5885.80 -5379.50 SGD Million [+]
Bankruptcies 157.00 116.00 507.00 78.00 Companies [+]
Car Registrations 6911.00 7182.00 16204.00 2659.00 [+]
Leading Economic Index 107.70 108.70 109.90 23.70 points [+]
Internet Speed 20345.58 20174.80 20345.58 2170.47 KBps [+]
IP Addresses 1595352.00 1509471.00 1685917.00 433610.00 IP [+]
Services Sentiment -2.00 1.00 37.00 -53.00 [+]
Competitiveness Index 84.78 83.48 84.78 5.44 Points [+]
Competitiveness Rank 1.00 2.00 8.00 1.00 [+]
Composite Pmi 47.00 51.40 56.80 47.00 points [+]
Ease of Doing Business 2.00 2.00 3.00 1.00 [+]
Corruption Index 85.00 85.00 94.00 84.00 Points [+]
Corruption Rank 4.00 3.00 9.00 1.00 [+]


Ease of Doing Business in Singapore
The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses.