Wednesday, December 29, 2010

Best of Country for Business 4

Singapore

Overall rank: 4
GDP per capita: $52,900
GDP, real growth rate: 3.0%
Population (millions): 4.6
Trade balance as % of GDP: 17.2%
Federal budget balance as % of GDP: 0.6%

The city-state's tax and regulatory environment have made it a competitor to Hong Kong as an Asian center for finance. Advantageous trade routes, balanced budgets and high levels of individual wealth have insulated the nation from major disturbance due to volatility in the financial markets. (in Forbes)

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