Singapore tops economy rankings report 2012

According to the “Ease of Doing Business” or Economy Rankings Report 2012 recently released by The World Bank, Singapore is number one country with the most conductive environment for starting and operating a local business. Denmark ranked 5th while Norway ranked 6th.

According to the report, the top ten countries for the ease of doing business are Singapore, Hong Kong/and China, New Zealand, United States, Denmark, Norway, United Kingdoms, Korea, Georgia and Australia respectively.

The report says that the countries with the most difficult environment to set up and operate a business are Central African Republic, Chad, Congo Republic, Eritrea, and Congo Democratic Republic. 

The rankings for all economies are benchmarked to June 2012. 

To see the full rankings, follow this link

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