World’s Best Countries To Do Business In 2018

Singapore has been crowned the best country in the world for business in 2018, according to the CEOWORLD magazine. Despite uncertainty around Brexit, the United Kingdom took silver, followed by Ireland (No. 3), New Zealand (No. 4), and Hong Kong (No. 5).

Ranked number 1 among 153 countries, Singapore continues to be the most attractive destination for investors and businessmen.

The rankings were based on 11 different factors including corruption, freedom (personal, trade, and monetary), workforce, investor protection, infrastructure, taxes, quality of life, red tape, and technological readiness. Each category was equally weighted.

The rankings had Sweden in sixth place, followed by the Netherlands, Denmark, Canada, and the United States. China, India, and Japan ranked 58th, 41st, and 30th, respectively, among the Best Countries To Do Business In 2018.

African countries populate the worst nations to do business with 11 of the bottom 20 (Afghanistan is the worst performer among non-African countries).

World’s Best Countries To Do Business In 2018

RankCountry
#1 Singapore
#2 UK
#3 Ireland
#4 New Zealand
#5 Hong Kong
#6 Sweden
#7 Netherlands
#8Denmark
#9 Canada
#10 US
#11Germany
#12 South Korea
#13 Switzerland
#14 Australia
#15 Belgium
#16 Taiwan
#17 Norway
#18 Finland
#19Spain
#20 Austria
#21 Italy
#22 Czech Republic
#23 France
#24 Lithuania
#25 Estonia
#26 Luxembourg
#27 Israel
#28 Iceland
#29 Portugal
#30 Japan
#31 Malta
#32 Malaysia
#33 Slovenia
#34 Cyprus
#35 Qatar
#36 Chile
#37 Poland
#38 Slovakia
#39 Latvia
#40 UAE
#41 India
#42 Bulgaria
#43 Hungary
#44 Mauritius
#45 Romania
#46 Saudi Arabia
#47 Thailand
#48 South Africa
#49 Oman
#50 Costa Rica
#51 Turkey
#52 Mexico
#53 Russia
#54 Bahrain
#55 Indonesia
#56 Peru
#57 Morocco
#58 China
#59 Croatia
#60 Colombia
#61 Uruguay
#62 Greece
#63 Vietnam
#64 Georgia
#65 Brazil
#66 Azerbaijan
#67 Ukraine
#68 Kuwait
#69 Trinidad and Tobago
#70 -Kazakhstan
#71 Serbia
#72 Jordan
#73 Albania
#74 Botswana
#75 Macedonia
#76 Montenegro
#77 Jamaica
#78 Panama
#79 Sri Lanka
#80 Rwanda
#81 Armenia
#82 Mongolia
#83 Moldova
#84 Kenya
#85 Cape Verde
#86 Senegal
#87 Namibia
#88 Ghana
#89 Seychelles
#90 Philippines
#91 Argentina
#92 Paraguay
#93 Bhutan
#94 Iran
#95 Nepal
#96 Egypt
#97 Uzbekistan
#98 Tajikistan
#99 Uganda
#100 Nigeria
#101 Tunisia
#102 Bosnia and Herzegovina
#103 Dominican Republic
#104 Lebanon
#105 Belize
#106 Papua New Guinea
#107 Zambia
#108 Guatemala
#109 Benin
#110 El Salvador
#111 Ecuador
#112 Pakistan
#113 Burkina Faso
#114 Gabon
#115 Algeria
#116 Bangladesh
#117 Mozambique
#118 Angola
#119 Kyrgyzstan
#120 Mali
#121 Cambodia
#122 Timor-Leste
#123 Madagascar
#124 Cote d’Ivoire
#125 Niger
#126 Swaziland
#127 Guyana
#128 Lesotho
#129 Honduras
#130 Tanzania
#131 Malawi
#132 Ethiopia
#133 Zimbabwe
#134 Mauritania
#135 Cameroon
#136 Guinea
#137 Liberia
#138 Bolivia
#139 Surinam
#140 Burundi
#141 Nicaragua
#142 Togo
#143 Laos
#144 Myanmar
#145 Democratic Republic of the Congo
#146 Venezuela
#147 Libya
#148 Gambia
#149 Haiti
#150 Chad
#151 Yemen
#152 Afghanistan
#153 Sierra Leone

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