According to Forbes' annual ranking for the best countries for business in 2018, US is at the top place.
Though US is facing uncertanities due to Brexit, yet it secured the first rank.
Out of 153 total nations, US topped the list and jumped up from fifth place last year.
Out of 153 total nations, US topped the list and jumped up from fifth place last year.
Factors for Ranking
All the countries were assessed on 15 different factors including property rights, innovation, taxes, technology, corruption, freedom (personal, trade and monetary), red tape and investor protection.
For the very first time, Forbes took out stock market performance as a measure and added in workforce, infrastructure, market size, quality of life and political risk.
Top 5 Countries
- United Kingdom
- New Zealand
- Netherlands
- Sweden
- Canada
India's Ranking
India is placed at number 62 with GDP Growth: 7.1%, GDP per Capita: $1,700, Unemployment: 8%
Inflation: 4.5%
- Trade Freedom: 110
- Monetary Freedom: 101
- Property Rights: 54
- Innovation: 29
- Technology: 106
- Red Tape: 131
- Investor Protection: 4
- Corruption: 69
- Personal Freedom: 56
- Tax Burden: 97
Expected Questions
Which country topped the Forbes' list of Best Countries for Business in 2018?
a. Switzerland
b. Canada
c. US
d. Russia
How many countries were assessed in Forbes' list of Best Countries for Business in 2018?
a. 130
b. 145
c. 154
d. 153
What is India's rank in Forbes' list of Best Countries for Business in 2018?
a. 62
b. 45
c. 29
d. 103
