Singapore has been crowned as the best country in the world to invest in or do business for 2020, according to the CEOWORLD magazine. The United Kingdom took silver, followed by Poland (No. 3), Indonesia (No. 4), and (No. 5). Ranked number 1 among 80 countries, Singapore continues to be the most attractive destination for investors and businesspeople.

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 Australia in sixth place, followed by the Philippines, the United States, Malaysia, and the Czech Republic. The United Arab Emirates, Germany, China, and Japan ranked 12th, 16th, 31st, and 32nd, respectively, among the world’s best countries to invest in or do business for 2020.

The 2020 edition of the report in which CEOWORLD magazine ranks and analyzes 80 countries according to their business and investment environment. CEOWORLD magazine thinks that ease of doing business and people (investors & skilled employees) mobility play strategic roles.

World’s Best Countries To Invest In Or Do Business For 2020

Rank Country Total Score Economic Stability Government Policies Skilled Labour Force Institutional Framework Education And Research Market Potential Trade Openness 1 Singapore 86.087 78.2 69.79 66.48 99.81 97.04 95.99 95.3 2 United Kingdom 84.494 72 68.74 65.48 98.38 96.25 95.61 95 3 Poland 83.368 70.5 67.52 65.36 95.95 95.42 95.23 93.6 4 Indonesia 82.978 70.3 67.21 64.85 95.56 95.2 95.23 92.5 5 India 82.481 70.1 66.96 64.63 95.3 95.01 93.67 91.7 6 Australia 82.305 69.9 66.3 64.63 95.19 94.95 93.67 91.5 7 Philippines 81.564 69.8 62.54 64.61 94.98 94.88 92.84 91.3 8 United States 81.232 69.8 61.01 64.59 94.73 94.51 92.79 91.2 9 Malaysia 81.021 69.5 60.64 63.89 94.71 94.51 92.79 91.1 10 Czech Republic 80.578 68.3 60.12 63.07 94.54 94.49 92.73 90.8 11 France 80.178 68.2 59.46 61.88 94.42 94.25 92.54 90.5 12 United Arab Emirates 79.447 66.9 57 61.73 94.21 93.56 92.33 90.4 13 Ireland 79.074 66.8 56.68 60.87 93.9 93.22 91.85 90.2 14 Netherlands 78.498 66.6 55.27 60.8 93.57 93.02 90.43 89.8 15 Finland 78.267 66 55.22 60.65 93.56 92.44 90.4 89.6 16 Germany 78.041 65.8 54.38 60.52 93.52 92.17 90.4 89.5 17 Sweden 77.678 65.2 53.5 60.43 93.18 91.98 90.06 89.4 18 Oman 77.538 65 53.41 60.14 92.96 91.84 90.02 89.4 19 Uruguay 77.192 64.2 53.02 59.44 92.86 91.71 90.02 89.1 20 Bulgaria 77.017 64 52.94 59.39 92.37 91.55 89.77 89.1 21 Denmark 76.842 63.9 52.6 59.27 92 91.26 89.77 89.1 22 Israel 76.572 63.4 51.77 58.9 91.9 91.25 89.77 89 23 Vietnam 76.214 62.6 50.91 58.49 91.85 91.24 89.51 88.9 24 Canada 75.998 62.4 50.62 58.22 91.37 91.19 89.49 88.7 25 Turkey 75.802 62.2 50.49 58.07 90.97 90.84 89.45 88.6 26 Slovenia 75.664 62.1 50.06 58.03 90.82 90.59 89.45 88.6 27 Brazil 75.595 62.1 50.01 57.96 90.8 90.55 89.45 88.3 28 South Korea 75.302 61.3 49.84 57.53 90.31 90.5 89.34 88.3 29 Mexico 75.138 60.7 49.66 57.32 90.3 90.35 89.34 88.3 30 Chile 74.858 60.4 48.68 57.19 90.27 89.93 89.34 88.2 31 China 74.691 60 48.48 56.98 90.16 89.76 89.26 88.2 32 Japan 74.518 60 48.33 56.95 89.92 89.55 89.08 87.8 33 Austria 74.278 59.1 48.21 56.89 89.92 89.05 89.08 87.7 34 Romania 74.161 59.1 47.77 56.79 89.83 88.97 88.97 87.7 35 Croatia 74.061 59 47.6 56.68 89.72 88.88 88.94 87.6 36 Italy 73.874 58.7 47.08 56.64 89.51 88.75 88.94 87.5 37 Russia 73.717 58.4 46.88 56.42 89.45 88.54 88.83 87.5 38 Argentina 73.612 58.4 46.45 56.37 89.34 88.43 88.78 87.5 39 New Zealand 73.428 57.9 46.41 56.33 88.89 88.39 88.78 87.3 40 Bahrain 73.288 57.3 46.25 56.22 88.88 88.33 88.74 87.3 41 Greece 73.124 57 46.25 55.92 88.88 88.11 88.71 87 42 Azerbaijan 72.968 56.9 46.22 55.45 88.62 88.08 88.71 86.8 43 Norway 72.902 56.9 46.13 55.42 88.58 88 88.49 86.8 44 Kazakhstan 72.801 56.7 45.96 55.1 88.57 87.99 88.49 86.8 45 Hungary 72.605 56.1 45.71 54.98 88.5 87.76 88.49 86.7 46 Portugal 72.464 56 45.52 54.94 88.4 87.4 88.49 86.5 47 Ukraine 72.255 55.8 45.19 54.46 88.21 87.39 88.34 86.4 48 Hong Kong 72.171 55.5 45.16 54.36 88.19 87.36 88.33 86.3 49 Slovakia 72.017 55.4 45.1 54.35 87.73 87.07 88.27 86.2 50 Latvia 71.921 55.2 45.09 54.33 87.7 86.77 88.26 86.1 51 Saudi Arabia 71.672 54.1 44.73 54.29 87.64 86.7 88.25 86 52 Switzerland 71.481 53.8 44.62 53.79 87.44 86.61 88.21 85.9 53 Belgium 71.275 53.4 44.6 53.46 87.12 86.42 88.03 85.9 54 Iceland 71.118 52.7 44.48 53.43 87.07 86.38 87.97 85.8 55 Luxembourg 70.971 52.6 44.36 53.23 86.67 86.3 87.94 85.7 56 Estonia 70.857 52.1 44.34 53.23 86.62 86.21 87.9 85.6 57 Lithuania 70.674 52 44.06 53.1 86.1 86.18 87.78 85.5 58 Malta 70.521 51.6 43.94 53.01 85.9 85.92 87.78 85.5 59 Cyprus 70.454 51.4 43.93 52.97 85.8 85.8 87.78 85.5 60 Serbia 70.338 51.3 43.71 52.68 85.72 85.76 87.7 85.5 61 Georgia 70.211 51.2 43.71 52.46 85.54 85.47 87.7 85.4 62 Belarus 70.057 51 43.65 52.46 85.17 85.35 87.57 85.2 63 Montenegro 69.921 51 43.58 51.95 85.08 85.18 87.56 85.1 64 Armenia 69.717 50.6 43.56 51.74 84.6 84.96 87.46 85.1 65 North Macedonia 69.551 50.3 43.51 51.69 84.58 84.42 87.46 84.9 66 Kosovo 69.285 49.1 43.43 51.66 84.23 84.32 87.46 84.8 67 Moldova 68.904 47.3 43.17 51.33 84.22 84.05 87.46 84.8 68 Albania 68.771 47.3 43.02 51.07 84.08 83.89 87.44 84.6 69 Bosnia and Herzegovina 68.588 47 42.99 50.75 83.97 83.6 87.41 84.4 70 South Africa 68.404 46.4 42.97 50.56 83.69 83.53 87.28 84.4 71 Tunisia 68.114 45.2 42.97 50.22 83.49 83.4 87.22 84.3 72 Kuwait 67.918 44.7 42.76 50.21 83.11 83.16 87.19 84.3 73 Qatar 67.681 43.4 42.66 50.15 82.97 83.14 87.14 84.3 74 Vanuatu 67.261 42 42.39 49.43 82.89 82.77 87.05 84.3 75 Antigua and Barbuda 67.128 41.9 42.36 49.16 82.84 82.51 87.03 84.1 76 Saint Kitts and Nevis 66.688 39.4 42.15 49.11 82.78 82.36 87.02 84 77 Grenada 66.562 39.3 41.96 48.82 82.75 82.17 86.94 84 78 Dominica 66.374 39.2 41.85 48.2 82.72 81.81 86.94 83.9 79 Saint Lucia 65.857 36.5 41.58 48.09 82.56 81.51 86.86 83.9 80 Iran 65.674 36 41.32 47.96 82.38 81.4 86.86 83.8

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