EIU Business Environment Ranking

(CC) Kah-Wai Lin / FlickrThe Economist Intelligence Unit has just published the “Business Environment Ranking and Index 2014”. The report shows which countries offer the most welcoming environments to do business in.

Developed economies in North America, Western Europe and Asia remain the best places to do business. Singapore is the world’s most investor-friendly location in 2014-18, retaining its number-one spot from the 2009-13 period. Switzerland and Hong Kong follow up in second and third place, respectively position. As for Spain, it currently stands in 25th position.

The ranking covers 82 countries and reflects the main criteria used by companies to formulate their global business strategies. It is based not only on historical conditions but also on expectations about conditions prevailing over the next five years.

The model examines 10 separate criteria covering the political environment, the macroeconomic environment, market opportunities, policy towards free enterprise and competition, policy towards foreign investment, foreign trade and exchange controls, taxes, financing, the labor market and infrastructure.

Download the Business Environment Ranking and Index here.