Bloomberg News
2. Singapore
Per-capita GDP: $30,992
Real GDP growth: 7.9%
Economy (4)
Government Efficiency (1)
Business Efficiency (4)
Infrastructure (3)
With its sizzling economic growth, efficient government, trade surplus, and supportive business legislation, it's no wonder Singapore has returned to the No. 2 slot it last held in 2004. The tiny city-state manages low inflation and unemployment with growing inward and outward investment flows. Drawbacks? Low female labor participation, weak public spending on health and education, and worrisome youth unemployment.
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Interactive Table: Comparing Competitiveness