KPI |
2024 - Singapore |
Weight |
Best |
Worst |
Aspirational value |
Current Value |
Institutional environment
Rank 1 / Score 100 |
Operational stability for businesses |
Initial Value: 0.5
|
4.45 |
0.70 |
Worst: Lebanon 4.45 Best: Singapore 0.70
100% |
0.7Value: 0.7
|
Government effectiveness |
Initial Value: 1
|
2.14 |
-1.68 |
Worst: Myanmar -1.68 Best: Singapore 2.14
100.13% |
2.14Value: 2.1448259354
|
Regulatory environment
Rank 1 / Score 97.43 |
Regulatory quality |
Initial Value: 0.5
|
2.21 |
-1.59 |
Worst: Iran, Islamic Rep. -1.59 Best: Singapore 2.21
100.12% |
2.21Value: 2.2143783569
|
Rule of law |
Initial Value: 0.5
|
1.96 |
-1.53 |
Worst: Myanmar -1.53 Best: Finland 1.96
94.82% |
1.78Value: 1.7792776823
|
Business Environment
Rank 1 / Score 100 |
Policies for doing business |
Initial Value: 1
|
6.38 |
1.79 |
Worst: Argentina 1.79 Best: Singapore 6.38
99.99% |
6.38Value: 6.3794903692
|
Entrepreneurship policies and culture |
Initial Value: 1
|
6.98 |
3.19 |
Worst: Iran, Islamic Rep. 3.19 Best: United Arab Emirates 6.98
|
N/AValue: N/A
|
Education
Rank 39 / Score 59.57 |
Expenditure on education |
Initial Value: 1
|
9.05 |
1.20 |
Worst: Sri Lanka 1.20 Best: Namibia 9.05
15.15% |
2.39Value: 2.389
|
Government funding per secondary student |
Initial Value: 1
|
51.06 |
5.88 |
Worst: Guatemala 5.88 Best: Tunisia 51.06
32.29% |
20.47Value: 20.468000412
|
School life expectancy |
Initial Value: 1
|
20.65 |
6.70 |
Worst: Niger 6.70 Best: Australia 20.65
73.14% |
16.9Value: 16.902730942
|
PISA scales in reading, math and science |
Initial Value: 0.5
|
579.03 |
337.45 |
Worst: Cambodia 337.45 Best: China 579.03
91.94% |
559.55Value: 559.55013896
|
Pupil-teacher ratio, secondary |
Initial Value: 0.5
|
43.67 |
6.13 |
Worst: Ethiopia 43.67 Best: Croatia 6.13
85.34% |
11.63Value: 11.634073352
|
Tertiary Education
Rank 2 / Score 74.95 |
Tertiary enrolment |
Initial Value: 1
|
150.20 |
4.27 |
Worst: Niger 4.27 Best: Greece 150.20
63.61% |
97.1Value: 97.098907471
|
Graduates in Science and engineering |
Initial Value: 1
|
40.23 |
8.92 |
Worst: Namibia 8.92 Best: Malaysia 40.23
86.3% |
35.94Value: 35.940731049
|
Tertiary inbound mobility |
Initial Value: 0.5
|
72.98 |
0.05 |
Worst: Myanmar 0.05 Best: United Arab Emirates 72.98
|
N/AValue: N/A
|
Research and Development
Rank 14 / Score 60.57 |
Researchers FTE |
Initial Value: 1
|
9929.18 |
14.52 |
Worst: Guatemala 14.52 Best: Sweden 9929.18
75.38% |
7488.43Value: 7488.4259585
|
Gross expenditure on R&D (GERD) |
Initial Value: 1
|
6.02 |
0.01 |
Worst: Mauritania 0.01 Best: Israel 6.02
35.82% |
2.16Value: 2.163049792
|
Global RnD companies, average expenditure, top 3 |
Initial Value: 1
|
33011.65 |
0.00 |
Worst: Albania 0.00 Best: United States 33011.65
2% |
661.33Value: 661.33491641
|
QS university ranking average score of top 3 universities |
Initial Value: 1
|
98.80 |
0.00 |
Worst: Albania 0.00 Best: United States 98.80
68.66% |
67.83Value: 67.833333333
|
ICTs
Rank 3 / Score 96.23 |
ICT access |
Initial Value: 1
|
100.00 |
28.55 |
Worst: Madagascar 28.55 Best: Bahrain 100.00
100% |
100Value: 100
|
ICT use |
Initial Value: 1
|
100.00 |
22.31 |
Worst: Mali 22.31 Best: Kuwait 100.00
91.46% |
93.36Value: 93.361519268
|
Government online service |
Initial Value: 1
|
1.00 |
0.10 |
Worst: Mauritania 0.10 Best: Estonia 1.00
95.78% |
0.96Value: 0.962
|
online e-participation |
Initial Value: 1
|
1.00 |
0.02 |
Worst: Mauritania 0.02 Best: Japan 1.00
97.68% |
0.98Value: 0.9773
|
General Infrastructure
Rank 12 / Score 55.3 |
Electricity output |
Initial Value: 0.5
|
52670.16 |
28.51 |
Worst: Niger 28.51 Best: Iceland 52670.16
19.39% |
10234.17Value: 10234.16711
|
Logistics performance |
Initial Value: 0.5
|
4.30 |
2.10 |
Worst: Angola 2.10 Best: Singapore 4.30
100% |
4.3Value: 4.3
|
Gross capital formation |
Initial Value: 1
|
46.25 |
13.90 |
Worst: Tunisia 13.90 Best: Cape Verde 46.25
27.61% |
22.83Value: 22.832333333
|
Ecological sustainability
Rank 70 / Score 18.69 |
GDP per unit of energy use |
Initial Value: 1
|
41.58 |
2.12 |
Worst: Trinidad and Tobago 2.12 Best: Ireland 41.58
35.78% |
16.24Value: 16.238
|
Low-carbon energy use, % |
Initial Value: 1
|
83.74 |
0.01 |
Worst: Trinidad and Tobago 0.01 Best: Iceland 83.74
0.66% |
0.56Value: 0.56236036993
|
ISO 14001 environmental certificates |
Initial Value: 1
|
12.33 |
0.06 |
Worst: Ethiopia 0.06 Best: Bulgaria 12.33
19.62% |
2.47Value: 2.4670583736
|
Credit
Rank 27 / Score 47.44 |
Finance for startups and scaleups |
Initial Value: 1
|
6.90 |
2.23 |
Worst: Mozambique 2.23 Best: Finland 6.90
|
N/AValue: N/A
|
Domestic credit to private sector |
Initial Value: 1
|
263.59 |
8.44 |
Worst: Angola 8.44 Best: Hong Kong SAR 263.59
47.44% |
129.48Value: 129.47776036
|
Loans from microfinance institutions, % GDP |
Initial Value: 1
|
31.68 |
0.00 |
Worst: Angola 0.00 Best: Cambodia 31.68
0% |
N/AValue: N/A
|
Investment
Rank 3 / Score 88.62 |
Venture capital received, value, % GDP |
Initial Value: 1
|
0.02 |
0.00 |
Worst: Barbados 0.00 Best: Estonia 0.02
76.12% |
0.02Value: 0.015224011533
|
Market capitalization |
Initial Value: 1
|
1506.46 |
0.23 |
Worst: Algeria 0.23 Best: Hong Kong SAR 1506.46
10.53% |
158.85Value: 158.84736272
|
Venture capital investors, deals |
Initial Value: 1
|
2.75 |
0.00 |
Worst: Myanmar 0.00 Best: Singapore 2.75
99.96% |
2.75Value: 2.7489147418
|
Venture capital recipients, deals |
Initial Value: 1
|
1.83 |
0.00 |
Worst: Russian Federation 0.00 Best: Singapore 1.83
99.85% |
1.83Value: 1.827299716
|
Trade, competition, and market scale
Rank 56 / Score 59.02 |
Applied tariff rate, weighted average |
Initial Value: 0.5
|
12.70 |
0.00 |
Worst: Algeria 12.70 Best: Hong Kong SAR 0.00
100% |
0Value: 9.3494372561e-06
|
Domestic industry diversification |
Initial Value: 1
|
0.55 |
0.06 |
Worst: Angola 0.55 Best: Portugal 0.06
61.8% |
0.25Value: 0.24716357361
|
Domestic market scale |
Initial Value: 1
|
32897.93 |
5.44 |
Worst: Barbados 5.44 Best: China 32897.93
2.27% |
753.27Value: 753.273
|
Knowledge workers
Rank 7 / Score 71.08 |
Knowledge-intensive employment |
Initial Value: 1
|
64.14 |
2.75 |
Worst: Burundi 2.75 Best: Luxembourg 64.14
96% |
61.69Value: 61.686480847
|
Firms offering formal training |
Initial Value: 1
|
73.70 |
3.90 |
Worst: Saudi Arabia 3.90 Best: Ecuador 73.70
55.87% |
42.9Value: 42.9
|
GERD performed by business enterprise |
Initial Value: 1
|
5.55 |
0.00 |
Worst: Panama 0.00 Best: Israel 5.55
24.72% |
1.37Value: 1.372051329
|
GERD financed by business enterprise |
Initial Value: 1
|
80.84 |
0.00 |
Worst: Brunei Darussalam 0.00 Best: Thailand 80.84
72.11% |
58.3Value: 58.29648986
|
Females employed with advanced degrees |
Initial Value: 0.5
|
30.51 |
0.15 |
Worst: Tanzania 0.15 Best: Lithuania 30.51
98.26% |
29.98Value: 29.980513079
|
Innovation linkage
Rank 7 / Score 63.51 |
University/industry research collaboration |
Initial Value: 0.5
|
5.75 |
2.25 |
Worst: Myanmar 2.25 Best: Switzerland 5.75
84.9% |
5.22Value: 5.2216702
|
Public Research–Industry co-publications, % |
Initial Value: 1
|
9.05 |
0.13 |
Worst: Niger 0.13 Best: Japan 9.05
41.41% |
3.82Value: 3.8236469766
|
State of cluster development |
Initial Value: 1
|
5.31 |
2.69 |
Worst: Angola 2.69 Best: China 5.31
84.64% |
4.91Value: 4.9076129231
|
Joint venture/strategic alliance deals |
Initial Value: 1
|
0.22 |
0.00 |
Worst: Iran, Islamic Rep. 0.00 Best: Canada 0.22
74.33% |
0.16Value: 0.16352991809
|
Patent families filed in two offices |
Initial Value: 1
|
58.12 |
0.00 |
Worst: Angola 0.00 Best: Barbados 58.12
5.01% |
2.91Value: 2.9147151879
|
Knowledge absorption
Rank 2 / Score 71.37 |
Intellectual property payments |
Initial Value: 1
|
21.44 |
0.00 |
Worst: Armenia 0.00 Best: Ireland 21.44
11.39% |
2.44Value: 2.4417854763
|
High tech imports |
Initial Value: 1
|
58.30 |
0.25 |
Worst: Albania 0.25 Best: Hong Kong SAR 58.30
42.73% |
25.05Value: 25.053601004
|
ICT services imports |
Initial Value: 0.5
|
18.27 |
0.01 |
Worst: Paraguay 0.01 Best: Cyprus 18.27
18.27% |
3.35Value: 3.3464708459
|
Foreign direct investment net inflows |
Initial Value: 0.5
|
38.37 |
-117.26 |
Worst: Luxembourg -117.26 Best: Hungary 38.37
93.63% |
28.46Value: 28.460397879
|
Research talent in business enterprise |
Initial Value: 1
|
82.64 |
0.30 |
Worst: Mozambique 0.30 Best: Korea, Rep. 82.64
65.4% |
54.15Value: 54.154294621
|
knowledge creation
Rank 21 / Score 39.9 |
Patent applications by origin |
Initial Value: 1
|
66.09 |
0.00 |
Worst: Brunei Darussalam 0.00 Best: Korea, Rep. 66.09
3.59% |
2.38Value: 2.3752737892
|
PCT applications by origin |
Initial Value: 0.5
|
14.90 |
0.00 |
Worst: Angola 0.00 Best: Barbados 14.90
15.52% |
2.31Value: 2.3125745912
|
Utility models by origin |
Initial Value: 1
|
97.43 |
0.00 |
Worst: Benin 0.00 Best: China 97.43
0% |
N/AValue: N/A
|
Scientific and technical publications |
Initial Value: 1
|
46.86 |
0.64 |
Worst: Angola 0.64 Best: Iceland 46.86
40.13% |
19.19Value: 19.188262423
|
Citable documents H index |
Initial Value: 1
|
3051.00 |
48.00 |
Worst: Cape Verde 48.00 Best: United States 3051.00
25.24% |
806Value: 806
|
Knowledge Impact
Rank 2 / Score 68.9 |
Labor productivity growth |
Initial Value: 1
|
6.99 |
-5.54 |
Worst: Lebanon -5.54 Best: Georgia 6.99
52.33% |
1.02Value: 1.0167368181
|
Unicorn valuation |
Initial Value: 1
|
22.25 |
0.00 |
Worst: Albania 0.00 Best: Estonia 22.25
81.71% |
18.18Value: 18.179445
|
Total computer software spending |
Initial Value: 1
|
0.99 |
0.00 |
Worst: Ethiopia 0.00 Best: United States 0.99
23.62% |
0.23Value: 0.2338426949
|
High-tech manufacturing |
Initial Value: 1
|
81.95 |
1.04 |
Worst: Madagascar 1.04 Best: Singapore 81.95
100.01% |
81.95Value: 81.954927711
|
Knowledge diffusion
Rank 5 / Score 57.53 |
IP receipts |
Initial Value: 0.5
|
5.49 |
0.00 |
Worst: Angola 0.00 Best: Switzerland 5.49
30.94% |
1.7Value: 1.6983982507
|
High Tech exports |
Initial Value: 1
|
45.26 |
0.00 |
Worst: Cape Verde 0.00 Best: Malaysia 45.26
63.62% |
28.8Value: 28.796140111
|
ICT services export |
Initial Value: 1
|
33.00 |
0.05 |
Worst: Brunei Darussalam 0.05 Best: Ireland 33.00
9.75% |
3.26Value: 3.262707976
|
ISO 9001 quality/bn PPP$ GDP |
Initial Value: 1
|
35.24 |
0.10 |
Worst: Niger 0.10 Best: Belarus 35.24
19.51% |
6.96Value: 6.9561589542
|
Production and export complexity |
Initial Value: 0.5
|
2.26 |
-1.71 |
Worst: Cameroon -1.71 Best: Japan 2.26
89.29% |
1.83Value: 1.8347754
|
Intangible Assets
Rank 41 / Score 37.04 |
Intangible asset intensity, top 15, % |
Initial Value: 1
|
89.89 |
-181.36 |
Worst: Montenegro -181.36 Best: United States 89.89
83.4% |
44.86Value: 44.856516065
|
Trademark application class count by origin |
Initial Value: 1
|
241.72 |
1.19 |
Worst: Niger 1.19 Best: China 241.72
7.42% |
19.04Value: 19.038347877
|
Industrial design by origin |
Initial Value: 0.5
|
25.74 |
0.00 |
Worst: Brunei Darussalam 0.00 Best: China 25.74
1.8% |
0.46Value: 0.46309494837
|
Global brand value, top 5,000 |
Initial Value: 1
|
24.25 |
0.00 |
Worst: Albania 0.00 Best: Hong Kong SAR 24.25
54.82% |
13.29Value: 13.294665942
|
Creative Goods
Rank 9 / Score 48.58 |
Cultural and creative services exports |
Initial Value: 0.5
|
19.21 |
0.00 |
Worst: Ethiopia 0.00 Best: Malta 19.21
29.64% |
5.69Value: 5.6944320323
|
National feature films produced |
Initial Value: 0.5
|
36.86 |
0.00 |
Worst: Azerbaijan 0.00 Best: Iceland 36.86
4.81% |
1.77Value: 1.7721305883
|
Entertainment and media market |
Initial Value: 0.5
|
3.49 |
0.02 |
Worst: Pakistan 0.02 Best: United States 3.49
41.42% |
1.46Value: 1.4571025884
|
Creative goods exports |
Initial Value: 1
|
12.09 |
0.00 |
Worst: Qatar 0.00 Best: Hong Kong SAR 12.09
27.68% |
3.35Value: 3.3459146106
|
Online creativity
Rank 9 / Score 67.1 |
Top-level domains (TLDs)/th pop. 15–69 |
Initial Value: 1
|
2663.43 |
0.11 |
Worst: Ethiopia 0.11 Best: Montenegro 2663.43
4.41% |
117.63Value: 117.63068163
|
GitHub commits/mn pop. 15–69 |
Initial Value: 1
|
11029509.53 |
3245.98 |
Worst: Niger 3245.98 Best: Singapore 11029509.53
100% |
11029509.53Value: 11029509.531
|
Mobile apps creation |
Initial Value: 1
|
90598013.84 |
0.04 |
Worst: Madagascar 0.04 Best: Cyprus 90598013.84
6.47% |
5860103.64Value: 5860103.6395
|