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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 67 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 best countries to invest in or do business for 2018.

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

RankCountryScoreEconomic StabilityGovernment PoliciesSkilled Labour ForceInstitutional FrameworkEducation And ResearchMarket PotentialTrade Openness
1Malaysia85.850577658657653
2Poland85.263757455616176
3Philippines84.678708585686073
4Indonesia84.453825650816154
5Australia84.180516564565278
6Singapore83.775487458757953
7India83.656665358636572
8Czech Republic82.654747559708461
9Spain81.978657880496268
10Thailand81.674706178505356
11Oman80.784568576497676
12Uruguay80.248686353557067
13Ireland79.478797182856250
14Netherlands79.350495063716279
15Finland78.782635854526761
16United Kingdom78.463816650745975
17France78.282685558786371
18United States78.185658569605948
19Turkey7755826285774860
20Brazil7653838383825980
21South Korea7566687458634857
22Mexico7455825659547967
23Chile73.660796760777055
24China73.278847054795573
25Germany72.853767478856967
26Sweden72.466578065794877
27Bulgaria7063567156598475
28Denmark6954558171515049
29Vietnam6861715482768567
30Slovenia67.866787354735978
31Israel67.649547674825766
32Japan67.565626173598467
33Austria67.156696068718065
34Canada66.851627675556368
35Romania66.769636676676784
36Croatia66.585557759567085
37Italy66.274605660606776
38Russia6479495081518175
39Argentina6365755550587274
40New Zealand6156635380558165
41Bahrain60.854506976655474
42Greece60.470637269848257
43Azerbaijan59.773786069657585
44Norway59.667806348815475
45United Arab Emirates59.482776266855985
46Kazakhstan58.751617265538362
47Hungary58.253705950586673
48Portugal57.954567963846757
49Ukraine57.559765983854870
50Saudi Arabia57.172667085487579
51Switzerland56.461495475678278
52Belgium56.263677975688185
53Iceland55.978585883737578
54Luxembourg55.383818074745148
55Estonia5467618579796674
56Lithuania5360857156547365
57Hong Kong52.849746751616360
58Slovakia52.376608475595374
59Latvia52.167677155847278
60Malta5172647760765569
61Iran50.861788280725959
62Cyprus50.460488161665185
63Serbia49.676677459778476
64South Africa49.281728284625465
65Tunisia48.679828075704967
66Kuwait48.484717573846051
67Qatar48.268847381757166
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