Top 100 best countries to do Business with [Forbes List]

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Forbes released the 2010 rankings of Best countries to do business with. Denmark is ranked as the best country to do business followed by Hong Kong and New Zealand.

Forbes Rankings

United states saw the biggest fall in this years ranking, which fell to 9th position from 2nd position in the previous year.

Interestingly, GDP growth of all the top 10 countries was in negative, thanks to Global recession.

On the other hand some of the countries which saw fastest growth in their GDP are languishing quite lowly. India is ranked at 77th ranks and China even further at number 90th.

Top 100 best countries to do Business

RANK NAME GDP GROWTH (%) GDP/CAPITA ($) TRADE BALANCE AS % OF GDP POPULATION (MIL) FEDERAL BUDGET BALANCE AS % OF GDP
1 Denmark -4.7 36,000 2.9 5.5 41.6
2 Hong Kong -2.8 42,800 8.7 7.1 37.4
3 New Zealand -1.6 27,400 -2.8 4.2 22.2
4 Canada -2.5 38,200 -2.7 33.5 75.4
5 Singapore -1.3 52,200 14.3 4.7 113.1
6 Ireland -7.6 41,000 -2.9 4.2 57.7
7 Sweden -5.1 36,600 7.3 9.1 35.8
8 Norway -1.5 57,400 14.4 4.7 60.6
9 United States -2.6 46,000 -2.9 307.2 52.9
10 United Kingdom -4.9 34,800 -1.5 61.1 54
11 Finland -8.1 34,100 1.2 5.3 44
12 Australia 1.3 40,000 -3 21.3 17.6
13 Netherlands -3.9 39,500 5.4 16.7 62.2
14 Belgium -2.7 36,800 0.9 10.4 97.6
15 Switzerland -1.5 41,400 7.3 7.6 40.5
16 Israel 0.2 28,400 3.7 7.2 78.4
17 Luxembourg -3.4 79,600 18.1 0.5 14.9
18 Iceland -6.5 39,600 -3.4 0.3 107.6
19 Estonia -14.1 18,500 4.7 1.3 7.2
20 Germany -4.9 34,100 4 82.3 72.1
21 France -2.5 32,600 -2.1 64.4 77.5
22 Cyprus -1.5 21,000 -8.6 1.1 56.2
23 Chile -1.7 14,600 2.6 16.6 6.1
24 Portugal -2.7 21,700 -10.3 10.7 76.9
25 Taiwan -1.9 32,000 11.2 23 32.5
26 Slovenia -7.8 27,700 -0.2 2 31.8
27 Japan -5.3 32,700 2.8 127.1 189.3
28 Mauritius 3.1 13,000 -7.7 1.3 58.7
29 Austria -3.4 39,200 2.3 8.2 69.3
30 South Korea 0.2 28,100 5.1 48.5 23.5
31 Malaysia -1.7 14,900 15.9 25.7 53.7
32 Lithuania -15 15,500 3.8 3.6 31.7
33 Spain -3.6 33,600 -5.1 40.5 53.2
34 South Africa -1.8 10,300 -4 49.1 29.5
35 Poland 1.7 17,900 -1.7 38.5 46.5
36 Macedonia -1.8 9,100 -7 2.1 32.4
37 Italy -5.1 29,900 -3.1 58.1 115.2
38 Slovakia -4.7 21,100 -3.3 5.5 37.1
39 Hungary -6.3 18,800 1.2 9.9 78
40 Czech Republic -4.2 24,900 -1.1 10.2 34.1
41 Latvia -18 14,400 9.6 2.2 36.1
42 United Arab Emirates -2.7 38,900 -1.8 4.8 68.1
43 Bahrain 3.1 38,800 6.7 0.7 36.3
44 Romania -7.1 11,500 -4.3 22.2 24
45 Saudi Arabia 0.1 20,600 7.2 28.7 22.9
46 Turkey -5.6 11,400 -2.3 76.8 46.3
47 Qatar 9.5 119,500 5.5 0.8 15.7
48 Croatia -5.8 17,500 -9.6 4.5 46.8
49 Peru 0.9 8,500 0.2 29.5 24.8
50 Trinidad and Tobago -3.2 21,300 8.6 1.2 26
51 Colombia 0.1 9,200 -2.2 43.7 45.8
52 Botswana -5.4 12,800 -6.5 2 17.9
53 Bulgaria -5 12,500 -8.6 7.2 14.8
54 Oman 2 25,000 -2.1 3.4 4.5
55 Mexico -6.5 13,200 -1 111.2 37.7
56 Thailand -2.2 8,200 6.8 66 45.9
57 Namibia -0.8 6,600 2.5 2.1 15.1
58 Kuwait -1.7 52,800 28.8 2.7 8.1
59 Montenegro -6.1 9,800 -26.8 0.7 38
60 Uruguay 1.9 12,600 0.6 3.5 56.6
61 Georgia -6.7 4,400 -14.4 4.6 NA
62 Brazil -0.2 10,100 -1.5 198.7 60
63 Greece -2 31,000 -10.4 10.7 113.4
64 Jordan 2.4 5,200 -5.6 6.3 64.4
65 Albania 4.2 6,400 -15.1 3.6 58.1
66 Tunisia 3 8,200 -5.3 10.5 53
67 Panama 2.4 12,100 -9.4 3.4 44.7
68 Mongolia -1 3,100 -5.4 3 NA
69 Dominican Republic 2.5 8,300 -5 9.7 42.4
70 Costa Rica -1.5 10,900 -2.1 4.3 45.1
71 Jamaica -2.8 8,400 -6.5 2.8 124.5
72 Kazakhstan 1 11,800 -3.2 15.4 14.2
73 Madagascar -1 1,000 -8.7 20.7 NA
74 Indonesia 4.5 4,000 2 240.3 27.4
75 Ghana 3.5 1,500 -9.3 23.9 55.2
76 El Salvador -3.1 7,200 -1.8 7.2 52.7
77 India 7.4 3,100 -2.6 1156.9 58
78 Zambia 6.3 1,600 -0.8 11.9 25.5
79 Azerbaijan 9.3 10,400 23.6 8.2 5.1
80 Mozambique 6.3 900 -9.4 21.7 3.7
81 Serbia -2.9 10,600 -3.2 7.4 31.3
82 Morocco 4.9 4,700 -3.8 31.3 55.1
83 Sri Lanka 3.5 4,500 -4.1 21.3 86.7
84 Egypt 4.7 6,000 -2.2 78.9 80.1
85 Malawi 7.6 800 -6.1 15 39.5
86 Moldova -7.7 2,300 -8.1 4.3 25.5
87 Nigeria 6.1 2,300 5.8 149.2 14.3
88 Paraguay -3.4 4,600 -0.8 7 24
89 Guatemala 0.6 5,100 -1.7 13.3 27.4
90 China 9.1 6,600 6.1 1338.6 16.9
91 Philippines 0.9 3,300 5.3 98 58.7
92 Pakistan 4.2 2,500 -1.7 174.6 46.2
93 Argentina -2.8 13,400 3.6 40.9 48.6
94 Guyana 2.3 6,500 -7.6 0.8 NA
95 Kenya 2.6 1,600 -4.8 39 66.7
96 Armenia -14.4 5,500 -15.2 3 NA
97 Russia -7.9 15,100 3.9 140 6.3
98 Ukraine -15 6,300 -1.5 45.7 30
99 Senegal 1.7 1,600 -10.6 13.7 29.8
100 Bosnia and Herzegovina -3.4 6,400 -7.5 4.6 44
  1. textilesinfomediarydotcom says

    If every citizen gives the best that he can give to his nation then all nation shall grow from within. Even a planting a tree could be a good gesture of giving back.

  2. Ravi says

    It would be interesting to see the criteria and to compare say X no of multinationals and their no of offices in these countries

    for the record I dnt agree with the list though it tells me we need to improve

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