Uk rises from 10th to 5th place in the Forbes ‘Best Countries for Business 2016’

The Forbes annual report on Best Counties for Business sees the UK rise from 10th spot in the 2015 report to 5th place in the 2016 report.

forbes-best-countries-for-business-2016

Forbes say about their report,

This is the 11th straight year Forbes has gauged the world’s economies to measure which are the most inviting for capital investment. We graded 139 countries on 11 factors: property rights, innovation, taxes, technology, corruption, freedom (personal, trade and monetary), red tape, investor protection and stock market performance.

There’s not a lot of comment on the UK’s rise in the report. Sky Business News has this comment from Forbes,

Kurt Badenhausen, senior editor at Forbes, said the UK moved up “thanks to improved scores on corruption, tax burden and monetary freedom, as well as a stronger stock market”.

Rank – Country – GDP Growth – GDP per Capita – Trade Balance/GDP – Population

  • 1             Sweden                 4.2%       $50,300               5.2%       9.9 M
  • 2             New Zealand      3%          $37,800               -3.2%     4.5 M
  • 3             Hong Kong          2.4%      $42,400               3.1%       7.2 M
  • 4             Ireland                 26.3%    $51,300               12.2%      5 M
  • 5             UK                         2.2%      $43,700               -5.4%     64.4 M
  • 6             Denmark              1%          $52,000              7%           5.6 M
  • 7             Netherlands        2%          $44,400              8.6%       17 M
  • 8             Finland                0.2%      $41,900               0.1%       5.5 M
  • 9             Norway                1.6%       $74,700               9%           5.3 M
  • 10           Canada                1.1%        $43,200               -3.2%      35.4 M

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s