Malaysia has been crowned as the best country in the world to invest in or do business for 2018, according to the CEOWORLD magazine. Poland took silver, followed by Philippines (No. 3), Indonesia (No. 4), and Australia (No. 5). Ranked number 1 among 50 countries, Malaysia 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 Singapore in sixth place, followed by India, Czech Republic, Spain, and Thailands. The United Kingdom, the United States, China, and Japan ranked 16th, 18th, 24th, and 32nd, respectively, among the world’s 50 best countries to invest in or do business for 2018

The World’s 50 best countries to invest in or do business for 2018

RankCountryPopulationTotal GDP
1Malaysia31.2 million$296.4 billion
2Poland37.9 million$469.5 billion
3Philippines103.3 million$304.9 billion
4Indonesia261.1 million$932.3 billion
5Australia24.1 million$1.2 trillion
6Singapore5.6 million$297.0 billion
7India1.3 billion$2.3 trillion
8Czech Republic10.6 million$192.9 billion
9Spain46.4 million$1.2 trillion
10Thailand68.9 million$406.8 billion
11Oman4.4 million$66.3 billion
12Uruguay3.4 million$52.4 billion
13Ireland4.8 million$294.1 billion
14Netherlands17.0 million$770.8 billion
15Finland5.5 million$236.8 billion
16United Kingdom65.6 million$2.6 trillion
17France66.9 million$2.5 trillion
18United States323.1 million$18.6 trillion
19Turkey79.5 million$857.7 billion
20Brazil207.7 million$1.8 trillion
21South Korea51.2 million$1.4 trillion
22Mexico127.5 million$1.0 trillion
23Chile17.9 million$247 billion
24China1.4 billion$11.2 trillion
25Germany82.7 million$3.5 trillion
26Sweden9.9 million$511.0 billion
27Bulgaria7.1 million$52.4 billion
28Denmark5.7 million$306.1 billion
29Vietnam92.7 million$202.6 billion
30Slovenia2.1 million$44.0 billion
31Israel8.5 million$318.7 billion
32Japan127.0 million$4.9 trillion
33Austria8.7 million$386.4 billion
34Canada36.3 million$1.5 trillion
35Romania19.7 million$186.7 billion
36Croatia4.2 million$50.4 billion
37Italy60.6 million$1.8 trillion
38Russia144.3 million$1.3 trillion
39Argentina43.8 million$545.9 billion
40New Zealand4.7 million$185.0 billion
41Bahrain1.4 million$31.9 billion
42Greece10.7 million$194.6 billion
43Azerbaijan9.8 million$37.8 billion
44Norway5.2 million$370.6 billion
45United Arab Emirates9.3 million$348.7 billion
46Kazakhstan17.8 million$133.7 billion
47Hungary9.8 million$124.3 billion
48Portugal10.3 million$204.6 billion
49Ukraine45.0 million$93.3 billion
50Saudi Arabia32.3 million$646.4 billion