15 Most Respected Countries in Asia in 2024

5.  Singapore

Human Development Index: 0.949

Human Rights Index: 0.72

Insider Monkey Average: 0.834

Singapore, officially the Republic of Singapore, is an island country and city-state in maritime Southeast Asia. Its pro-business environment, supported by stable infrastructure and a robust political climate, attracts both local and international investors. According to the Ministry of Trade and Industry (MTI), Singapore’s economy grew faster than expected in Q1 2024. This GDP growth was primarily driven by the finance, transportation, and wholesale trade sectors, with the finance and insurance sector experiencing a year-over-year growth of 6.5%, up from 5.4% in the previous quarter.