Singapore is number one in health and business

Marina Bay in Singapore. Source: visit_singapore Instagram

Marina Bay in Singapore. Source: visit_singapore Instagram

Singapore has been named the world’s healthiest country, according to a list from Bloomberg Rankings, which ranks countries using data from the United Nations, the World Bank and the World Health Organisation.

Singapore took the first place with an overall score of 89.45 percent, Italy ranked second healthiest with 89.07 percent and Australia came third with 88.33 percent.

To identify the healthiest countries in the world, Bloomberg Rankings created health scores and health-risk scores for countries with populations of at least one million. The risk score was then subtracted from the health score in order to determine the countries rank.

 

Healthies countries

Source: Bloomberg World Healthiest Countries

 

The total health-score factors is factors such as infant mortality, causes of death and life expectancy. The list of risk-score factors is longer than the health-score factors, and include health choices such as consumption of alcohol, smoking, physically inactiveness and external influences such as pollution and water safety.

The countries were listed in both a list of the healthiest in the world, and in lists categorised by region. Singapore took first place in both the overall world list and the list for the Asia Pacific.

According to The World Economic Forum (WEF) the numbers leave room for interpretation, as a ranking defined healthy by the quality of life instead of life expectancy – as the Bloomberg Rankings – would most likely include lower-income countries where there is a higher level of life satisfaction.
Healthies Asian

Source: Bloomberg World Healthiest Countries

 

Not only has Sinapore been named the healthiest country, it is also, according to numbers from the World Bank, the best place in the world to do business. Once again.
The small city-state with a population of 5.4 million has within a remarkable short period of time developed from being a third world country to being a first world country with the highest standards of living for its citizens, thereby representing an exemplary model of Asian economic development. Today, Singapore is considered a global financial and has since 2006 consecutively topped the World Bank’s Ease of “Doing Business” rankings.

“Doing Business 2016” consists of quantitative indicators on business regulations and the protection of property rights. It measures regulations affecting 11 areas of the life of a business such as dealing with construction permits, paying taxes, getting electricity, registering property and trading across borders.

Some of the many reasons for Singapores place as number one, is how the city-state has made transferring property easier by introducing an online procedure for property transfer, it has improved its credit information system by guaranteeing law borrowers’ right to inspect their own data and has made starting a business easier by combining tax registration with business registration in one online form.

The list of countries in the top ten of “Doing Business” is as follows: Singapore, New Zealand, Denmark, Korea, Hong Kong, United Kingdom, United States, Sweden, Norway and Finland.

Sources: http://images.businessweek.com/bloomberg/pdfs/WORLDS_HEALTHIEST_COUNTRIES_V2.pdf

http://www.forbes.com/sites/philipsalter/2015/10/28/singapore-ease-of-doing-business/

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