In recent years, the EIU has been evaluating the appeal of conducting business in 82 countries and territories through its business environment rankings. The most recent rankings have shown that Singapore has claimed the top spot, with Denmark and the US following closely behind. One country that has shown significant improvement in its score is Greece, which can be attributed to a government that is supportive of business, implemented reforms, reduced taxes, and increased business optimism.
The EIU’s business environment rankings use 91 indicators to provide a comprehensive assessment of the appeal of conducting business in different countries. These indicators cover a range of factors such as infrastructure, labor market conditions, corruption levels, and regulatory efficiency. By analyzing these factors, the EIU provides valuable insights into global business environments and how they impact economic prosperity.
Interested individuals can access a summary report that delves into twenty years’ worth of data on the relationship between a country’s advancement in the rankings and its GDP per capita. This report is available for free download and offers valuable insights into how business-friendly environments contribute to economic growth. Whether you are an entrepreneur looking to expand your operations or an investor looking to diversify your portfolio, this report provides important information that can help you make informed decisions about where to invest your time and resources.
