Best Countries for Business for 2011 – as ranked by Forbes magazine

Forbes determined the Best Countries for Business by looking at 11 different factors for 134 countries. They considered property rights, innovation, taxes, technology, corruption, freedom (personal, trade and monetary), red tape, investor protection and stock market performance.  Here are the results:

Rank Name GDP Growth (%) GDP/Capita ($) Trade Balance as % of GDP Population (mil)
1

Canada

3.1 39,400 -3.1 34.0
2

New Zealand

1.5 27,700 -2.3 4.3
3

Hong Kong

6.8 45,900 6.6 7.1
4

Ireland

-1.0 37,300 -0.7 4.7
5

Denmark

2.1 36,600 5.5 5.5
6

Singapore

14.5 62,100 20.8 4.7
7

Sweden

5.5 39,100 6.3 9.1
8

Norway

0.4 54,600 12.9 4.7
9

United Kingdom

1.3 34,800 -2.5 62.7
10

United States

2.8 47,200 -3.2 313.2
11

Australia

2.7 41,000 -2.5 21.8
12

Belgium

2.0 37,800 1.3 10.4
13

Finland

3.1 35,400 3.2 5.3
14

Switzerland

2.6 42,600 13.4 7.6
15

Netherlands

1.7 40,300 7.7 16.8
16

Estonia

3.1 19,100 3.4 1.3
17

Luxembourg

3.4 82,600 7.6 0.5
18

France

1.5 33,100 -2.1 65.3
19

Mauritius

4.0 14,000 -8.5 1.3
20

Israel

4.6 29,800 3.1 7.5
21

Germany

3.5 35,700 5.7 81.5
22

Portugal

1.4 23,000 -9.9 10.8
23

Iceland

-3.5 38,300 -7.7 0.3
24

Chile

5.3 15,400 1.9 16.9
25

Slovenia

1.2 28,200 -1.1 2.0
26

Taiwan

10.8 35,700 9.4 23.1
27

Japan

3.9 34,000 3.1 126.5
28

Cyprus

1.0 21,000 -5.7 1.1
29

Austria

2.0 40,400 2.6 8.2
30

Lithuania

1.3 16,000 1.8 3.5
31

South Korea

6.1 30,000 3.6 48.8
32

Spain

-0.1 29,400 -4.5 46.8
33

Slovakia

4.0 22,000 -3.6 5.5
34

Malaysia

7.2 14,700 14.3 28.7
35

Macedonia

0.7 9,700 -2.8 2.1
36

Italy

1.3 30,500 -3.3 61.0
37

Latvia

-0.3 14,700 3.6 2.2
38

Poland

3.8 18,800 -3.4 38.4
39

Czech Republic

2.3 25,600 -3.7 10.2
40

South Africa

2.8 10,700 -2.8 49.0
41

Croatia

-1.4 17,400 -1.8 4.5
42

Peru

8.8 9,200 -1.5 29.2
43

Hungary

1.2 18,800 2.1 10.0
44

United Arab Emirates

3.2 49,600 2.0 5.1
45

Saudi Arabia

3.7 24,200 15.8 26.1
46

Qatar

16.3 179,000 11.6 0.8
47

Bulgaria

0.2 13,500 -1.2 7.1
48

Bahrain

4.1 40,300 1.1 1.2
49

Trinidad and Tobago

0.0 21,200 19.2 1.2
50

Georgia

6.4 4,900 -10.7 4.6
51

Oman

4.2 25,600 3.6 3.0
52

Romania

-1.3 11,600 -4.4 21.9
53

Montenegro

1.1 10,100 -27.4 0.7
54

Turkey

8.2 12,300 -6.5 78.8
55

Botswana

8.6 14,000 -2.4 2.1
56

Zambia

7.6 1,500 2.9 13.9
57

Mexico

5.5 13,900 -0.5 113.7
58

Kuwait

2.0 48,900 32.9 2.6
59

Jordan

3.1 5,400 -3.5 6.5
60

Panama

7.5 13,000 -9.4 3.5
61

Uruguay

8.5 13,700 -0.4 3.3
62

Colombia

4.3 9,800 -3.1 44.7
63

Mongolia

6.1 3,600 -6.2 3.1
64

Albania

3.5 8,000 -11.9 3.0
65

Rwanda

6.5 1,100 -11.2 11.4
66

Thailand

7.8 8,700 3.9 66.7
67

Tunisia

3.7 9,400 -2.2 10.6
68

Greece

-4.5 29,600 -6.5 10.8
69

Costa Rica

4.2 11,300 -3.6 4.6
70

Jamaica

-1.1 8,300 -7.2 2.9
71

Namibia

4.4 6,900 0.1 2.1
72

Ghana

5.7 2,500 -7.5 24.8
73

Brazil

7.5 10,800 -2.3 203.4
74

Lebanon

7.5 14,400 -11.9 4.1
75

Indonesia

6.1 4,200 0.9 245.6
76

Dominican Republic

7.8 8,900 -8.6 10.0
77

Mozambique

7.0 1,000 -12.2 22.9
78

Azerbaijan

5.0 10,900 27.7 8.4
79

Sri Lanka

9.1 5,000 -3.4 21.3
80

Kazakhstan

7.0 12,700 3.1 15.5
81

El Salvador

0.7 7,200 -2.3 6.1
82

China

10.3 7,600 5.2 1336.7
83

Morocco

3.2 4,800 -4.5 32.0
84

Bosnia and Herzegovina

0.8 6,600 -7.0 4.6
85

Paraguay

15.3 5,200 -3.2 6.5
86

Malawi

6.6 800 -9.9 15.9
87

Philippines

7.3 3,500 5.0 101.8
88

Guyana

3.6 7,200 -12.4 0.7
89

Armenia

2.6 5,700 -13.8 3.0
90

Moldova

6.9 2,500 -8.3 4.3
91

Guatemala

2.6 5,200 -2.1 13.8
92

Egypt

5.1 6,200 -2.0 82.1
93

Serbia

1.8 10,900 -3.1 7.3
94

India

10.4 3,500 -3.4 1189.2
95

Argentina

7.5 14,700 1.0 41.8
96

Senegal

4.2 1,900 -9.4 12.6
97

Vietnam

6.8 3,100 -11.8 90.5
98

Madagascar

-2.0 900 -25.2 21.9
99

Pakistan

4.8 2,500 -0.9 187.3
100

Bangladesh

6.0 1,700 3.6 158.6
101

Nigeria

8.4 2,500 10.1 155.2
102

Russia

4.0 15,900 4.9 138.7
103

Kenya

5.0 1,600 -6.3 41.1
104

Cambodia

6.0 2,100 -8.5 14.7
105

Ukraine

4.2 6,700 -2.1 45.1
106

Yemen

8.0 2,700 -6.2 24.1
107

Uganda

5.2 1,300 -4.3 34.6
108

Tanzania

6.5 1,400 -9.1 42.7
109

Mali

4.5 1,200 -7.6 14.2
110

Burkina Faso

5.8 1,200 -3.6 16.8
111

Nicaragua

4.5 3,000 -14.4 5.7
112

Benin

2.5 1,500 -7.3 9.3
113

Swaziland

2.0 4,500 -21.1 1.4
114

Ecuador

3.2 7,800 -3.3 15.0
115

Kyrgyzstan

-1.4 2,200 -8.6 5.6
116

Lesotho

2.4 1,700 -15.7 1.9
117

Honduras

2.8 4,200 -6.5 8.1
118

Nepal

4.6 1,200 -2.8 29.4
119

Algeria

3.3 7,300 7.9 35.0
120

Tajikistan

6.5 2,000 -6.8 7.6
121

Ethiopia

8.0 1,000 -6.4 90.9
122

Syria

3.2 4,800 -2.3 22.5
123

Bolivia

4.2 4,800 4.7 10.1
124

Gambia

5.7 1,900 -10.4 1.8
125

Iran

1.0 10,600 4.3 77.9
126

Cote d’Ivoire

2.6 1,800 2.4 21.5
127

Mauritania

4.7 2,100 -10.0 3.3
128

Haiti

-5.1 1,200 -16.6 9.7
129

Cameroon

3.0 2,300 -3.7 19.7
130

Venezuela

-1.9 12,700 4.9 27.6
131

Angola

1.6 8,200 8.4 13.3
132

Burundi

3.9 300 -10.6 10.2
133

Zimbabwe

9.0 500 -10.3 12.1
134

Chad

5.1 1,600 -32.0 10.8

 

About Alexander Gordin
An international merchant banking professional with over twenty years of business operating and advisory experience in the areas of export finance, international project finance, risk mitigation and cross-border business development. Clients include foreign governments, municipalities and state enterprises as well as Fortune 500 and small/medium enterprises. Strong entrepreneurial instincts, combined with leadership and strategic skills. Transactional and negotiations experience in over thirty five countries. Author of the highly acclaimed "Fluent in Foreign Business" book and creator of the "Fluent in OPIC", "Fluent in EXIM","Fluent In Foreign Franchising", "Fluent in FCPA",and "Fluent in USTDA" seminar/webinar series. Currently developing "Fluent In ......" seminars and publications. Co-author of the Fi3 Country Business Appeal Indices. Extensive international business development and project finance transaction experience in healthcare, aerospace, ICT, conventional and alternative energy infrastructure, distribution and hospitality industries. Experience managing international public and private corporations. Co-Founded three companies abroad. Strong Emerging and Frontier Market expertise. Published and featured in numerous publications including: The Wall Street Journal, Knowledge@Wharton, NBC.com, The Chicago Tribune, Industry Week, Industry Today, Business Finance, Wharton Magazine Blog, NY Enterprise Report, Success magazine, Kyiv Post and on a number of radio and television programs including: Voice of America, CNBC, CNNfn, and Bloomberg. Frequent speaker on strategy, cross-border finance and international business development. Executive MBA from the Wharton School at the University of Pennsylvania. B.S. in Management of Information Systems from the Polytechnic Institute of NYU. Specialties Strategic Management Advisory, Export Finance, International Project Finance & Risk Management, Cross-border Negotiations, Structured Finance transactions, Senior Government and Corporate officials liason

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