Executive Education

World’s Top 20 Most Business-Friendly Economies For 2016

In a time of economic uncertainty, Singapore, as expected, kept its position as the most business-friendly place in the world, according to a World Bank’s 2016 report. That’s consistency.

New Zealand ranked second in the world for ease of doing business. Interestingly, amongst the emerging economies, India made the biggest progress by jumping up 12 places to 130th.

The top ten economies with the most business-friendly environments: Singapore headed the top ten, followed by New Zealand, Denmark, South Korea, Hong Kong, United Kingdom, the United States, Sweden, Norway, and Finland.

There is a global spread to the top 10, with 3 Asian economies, 5 European countries and the United States all featuring.

The Doing Business report is the World Bank’s most downloaded publication and can influence investment decisions, ranks economies based on 11 indicators, including the ease of starting a business, dealing with construction permits, getting credit and trading across borders.

World's Top 20 Most Business-Friendly Economies For 2016

World’s Top 20 Most Business-Friendly Economies For 2016

1. Singapore 87.34
2. New Zealand 86.79
3. Denmark 84.40
4. South Korea 83.88
5. Hong Kong 83.67
6. United Kingdom 82.46
7. United States 82.15
8. Sweden 81.72
9. Norway 81.61
10. Finland 81.05
11. Taiwan 80.55
12. Macedonia 80.18
13. Australia 80.08
14. Canada 80.07
15. Germany 79.87
16. Estonia 79.49
17. Ireland 79.15
18. Malaysia 79.13
19. Iceland 78.93
20. Lithuania 78.88


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Prof. Dr. Amarendra Bhushan Dhiraj
Prof. Dr. Amarendra Bhushan Dhiraj is a media and technology executive, macro-economist, strategic thinker, chair, and chief executive officer of the CEOWORLD magazine, one of the world’s most influential and recognized global news publications. Under Dr. Amarendra's leadership, CEOWORLD magazine has become the world's most iconic news organization, whose rigorous reporting and unsurpassed storytelling connect with millions of business leaders daily. Additionally, he serves as the chair and founding member of the CEOWORLD magazine’s Inclusion Advisory Board.

In his current role, he counsels and collaborates with c-suite executives of large multinational corporations, helping them drive change in their companies to improve their competitiveness. Dr. Amarendra has extensive experience in serving on numerous boards. He leads and supports a globally dispersed team of columnists, correspondents, editors, journalists, reporters, researchers, and industry analysts.

He received his Ph.D. in Finance and Banking from the European Global School, Paris, France. He also received his Doctoral Degree in Chartered Accountancy from the European International University Paris, France, and a Doctorate in Business Administration from Kyiv National University of Technologies and Design (KNUTD), Ukraine. He earned his Master of Business Administration degree in Finance and his master’s degree in Chartered Accountancy (CA) from European Global School Paris. Dr. Amarendra also holds a Master of Business Administration degree in International Relations and Affairs from the American University of Athens, Alabama, United States.

As CEO, he transformed the CEOWORLD magazine into a highly efficient, digital-first, profitable enterprise. Today, CEOWORLD magazine is a standard bearer for modern responsible journalism. Dr. Amarendra retains a strong desire to continuously improve his skills and abilities and believes that the first step to being a true leader is to inspire others to lead with you.

Prof. Dr. Amarendra Bhushan Dhiraj is the CHAIR, CEO, AND EDITORIAL DIRECTOR of the CEOWORLD magazine. Connect with him through LinkedIn.