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Business News/ Photos / Top 10 business-friendly countries

Top 10 business-friendly countries

10 Photos . Updated: 30 May 2014, 03:47 PM IST Livemint

Which country is the best to do business in? The Economist Intelligence Unit (EIU) in its latest Business Environment Rankings, based on the quality or attractiveness of the business environment in 82 countries, rates Singapore, Switzerland and Hong Kong as the top three.

1-Singapore: The south-east Asian country held on to the top ranking as the best place in the world to do business in. It is also set to remain the world’s most investor-friendly location until 2018, according to EIU. Bloomberg

1/101-Singapore: The south-east Asian country held on to the top ranking as the best place in the world to do business in. It is also set to remain the world’s most investor-friendly location until 2018, according to EIU. Bloomberg

2-Switzerland: The Novartis AG headquarters in Basel, Switzerland. Most of the EU countries retain relatively strong investment climates, dominating the rankings between 10th and 30th place. This reflects the openness of their markets to world trade. Bloomberg

2/102-Switzerland: The Novartis AG headquarters in Basel, Switzerland. Most of the EU countries retain relatively strong investment climates, dominating the rankings between 10th and 30th place. This reflects the openness of their markets to world trade. Bloomberg

3-Hong Kong: Laser and music show- “A symphony of lights”, lights up Victoria Harbor in HongKong, China. Favorable policies in finance and foreign investment helped Asian countries retain top ranks. Bloomberg

3/103-Hong Kong: Laser and music show- “A symphony of lights”, lights up Victoria Harbor in HongKong, China. Favorable policies in finance and foreign investment helped Asian countries retain top ranks. Bloomberg

4- Canada: Canada improves three places between 2009-13 and 2014-18, to the world’s fourth best investment location. It ranks extremely well on market opportunities. In the pic oil strorage tanks of Burnaby, British Columbia, Canada. Reuters

4/104- Canada: Canada improves three places between 2009-13 and 2014-18, to the world’s fourth best investment location. It ranks extremely well on market opportunities. In the pic oil strorage tanks of Burnaby, British Columbia, Canada. Reuters

5- Australia: A crude oil tanker sails past the Sydney Opera House. Though having a favourable policy environment—particularly for finance and foreign investment, Australia ranks quite low in infrastructure. Bloomberg

5/105- Australia: A crude oil tanker sails past the Sydney Opera House. Though having a favourable policy environment—particularly for finance and foreign investment, Australia ranks quite low in infrastructure. Bloomberg

6- Sweden: The Swedish flag flies outside the Royal Dramatic Theatre in Stockholm, Sweden. Strong investment climate, political stability has improved the average scores for Sweden’s macroeconomic environment. AFP

6/106- Sweden: The Swedish flag flies outside the Royal Dramatic Theatre in Stockholm, Sweden. Strong investment climate, political stability has improved the average scores for Sweden’s macroeconomic environment. AFP

7- USA: The New York Stock Exchange. The world’s largest economy, which is recovering faster than most other developed countries, the US is set to remain an indispensable business destination. Bloomberg

7/107- USA: The New York Stock Exchange. The world’s largest economy, which is recovering faster than most other developed countries, the US is set to remain an indispensable business destination. Bloomberg

8- NewZealand: Old yachts in Auckland, in New Zealand. Economic growth continues to be strong here, boosted by post-earthquake rebuilding, and enormous terms of trade gains, according to OECD data. AFP

8/108- NewZealand: Old yachts in Auckland, in New Zealand. Economic growth continues to be strong here, boosted by post-earthquake rebuilding, and enormous terms of trade gains, according to OECD data. AFP

9- Finland: A Nokia signboard at the entrance to the Nokia headquarters in Espoo, Finland. Strong growth, innovation and structural reforms has transformed Finland into one of the world’s most competitive economies. Bloomberg

9/109- Finland: A Nokia signboard at the entrance to the Nokia headquarters in Espoo, Finland. Strong growth, innovation and structural reforms has transformed Finland into one of the world’s most competitive economies. Bloomberg

10- Denmark: A street in Copenhagen, Denmark. Denmark scores highly on many dimensions of well-being. But weak growth over the past two decades has led to wide income gaps with leading OECD nations. Bloomberg

10/1010- Denmark: A street in Copenhagen, Denmark. Denmark scores highly on many dimensions of well-being. But weak growth over the past two decades has led to wide income gaps with leading OECD nations. Bloomberg

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