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Browse Profiles > Singapore > Business Indicators

	Score	Rank
Standards Compliance Index	46.67 out of 100	39
Business Indicator Index	11.48 out of 12	2

Singapore

Business Indicators

With an overall score of 11.48/12, Singapore is at standard on the economic, legal, and political indicators that make up our Business Index. In 2007, Government spending equaled 14.6 percent of GDP and 26.4 percent of government revenues came from state owned enterprises and government ownership of property. Singaporean government actively encourages foreign investment, offers low taxes and equal treatment to foreign investors by law, and provides a wide spectrum of incentives, particularly in sectors that the government hopes to improve. However, there are limits on foreign ownership in domestic banking and media. Property rights and contracts are protected and enforced. Corruption is of no concern to investors, as reflected in Singapore's excellent ranking of 4th out of 180 countries in Transparency International's 2007 Corruption Perceptions Index.

Business Indicators

Forex Regulations - Capital Controls

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