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New Zealand Dethrones Singapore as Easiest Place to Do Business

  • Singapore slips to second after 10 years atop World Bank ranks
  • Countries in Sub-Saharan Africa improving but still ranked low
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New Zealand Is World's Easiest Place to Do Business

Photographer: Eye Ubiquitous/UIG via Getty Images
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New Zealand has overtaken Singapore as the best country in the world to do business, according to the World Bank.

Singapore slipped to second in the bank’s 2017 “Doing Business” report after topping the ranking for a decade. Finland dropped out of the top 10, falling to 13th. Macedonia, which placed 92nd a decade ago, improved two spots from a year earlier to No. 10.