Business climate in Singapore
Singapore ranks #1 of 54 on the overall business climate (score 82). Its strongest suit is red tape, followed by business taxes; the weakest is rule of law.
| Driver | Score | Rank | Measures |
|---|---|---|---|
| Red tape and ease of doing business | 95 | #1 of 54 | Regulatory framework (World Bank B-READY 2025): 78 (2025); Business entry (B-READY): 94 (2025); Public services for business (B-READY): 75 (2025); Days to start a business (Doing Business): 2.50 (2017); Procedures to start a business (Doing Business): 3.00 (2017); Ease of doing business rank (Doing Business, 1 = easiest of 190): 2.00 (2017) |
| Rule of law and legal certainty | 68 | #22 of 54 | Liberal democracy (V-Dem): 0.36 (2025); Corruption perceptions score (higher = cleaner): 84 (2025); Strength of legal rights for borrowers and lenders: 8.00 (2017); Dispute resolution (B-READY): 67 (2025) |
| Taxes on business | 86 | #4 of 53 | Corporate income tax rate (headline): 17 (2026); Total tax and contribution rate on commercial profits: 20 (2017); Taxation administration (B-READY): 71 (2025) |
| Cost of capital | 83 | #4 of 27 | Real interest rate: -5.21 (2021); Bank lending interest rate: 5.25 (2021); Access to finance (B-READY): 79 (2025) |
| Energy prices for business | – | – | no comparable figure yet |
| Growth momentum and investment trend | 82 | 3 #3 of 53 | Real GDP growth, average of the last five years: 5.19 (2025); Growth trend: last three years against 2015-2019: 0.83 (2025); Foreign direct investment, net inflows: 25 (2023) |
Countries with a similar profile
Croatia · 
Ireland · 
Denmark · 
Lithuania
Find the best business sites in Singapore
Open the mapSources as on the business-climate table. Nestlyzer scores each measure 0–100 between the 5th and 95th percentile of the countries it covers. How the method works.