Oxstones Investment Club™Up-and-coming Canada vaults ahead in this annual list of the world’s most business-friendly nations. But did it best the US? And which country came out on top?
For the third year in a row, Bloomberg Rankings presents its exclusive analysis of the world’s most attractive countries for business, according to 2013 data.
To rank the 50 best countries, Bloomberg analyzed 157 countries on six broad criteria: the degree of economic integration; the cost of setting up a business; the cost of labor and materials; the cost of moving goods; less tangible costs like inflation and the amount of corruption; and the health of its consumer base. The full methodology appears on the final slide.
2012 rank: 12
Total score: 76.2
Economic integration: 82.5
Business startup cost: 70.7
Labor/material cost: 65.0
Transport cost: 80.4
Less tangible costs: 87.1
Local consumer base: 72.9
2012 rank: 16
Total score: 77.0
Economic integration: 94.9
Business startup cost: 78.2
Labor/material cost: 67.9
Transport cost: 81.3
Less tangible costs: 76.0
Local consumer base: 68.5
2012 rank: 4
Total score: 78.0
Economic integration: 78.9
Business startup cost: 74.0
Labor/material cost: 63.8
Transport cost: 88.9
Less tangible costs: 88.8
Local consumer base: 70.7
2012 rank: 10
Total score: 79.4
Economic integration: 91.3
Business startup cost: 77.9
Labor/material cost: 68.7
Transport cost: 83.8
Less tangible costs: 85.2
Local consumer base: 71.1
2012 rank: 5
Total score: 79.9
Economic integration: 92.1
Business startup cost: 70.4
Labor/material cost: 70.9
Transport cost: 88.4
Less tangible costs: 86.2
Local consumer base: 74.7
2012 rank: 6
Total score: 79.9
Economic integration: 85.4
Business startup cost: 84.8
Labor/material cost: 70.1
Transport cost: 82.6
Less tangible costs: 83.3
Local consumer base: 71.6
2012 rank: 8
Total score: 80.1
Economic integration: 76.0
Business startup cost: 89.4
Labor/material cost: 56.0
Transport cost: 91.5
Less tangible costs: 89.5
Local consumer base: 71.9
2012 Rank: 2
Total Score: 80.2
Economic integration: 93.5
Business startup cost: 78.1
Labor/material cost: 73.5
Transport cost: 87.4
Less tangible costs: 79.7
Local consumer base: 71.1
2012 rank: 6
Total score: 81.5
Economic integration: 92.3
Business startup cost: 79.2
Labor/material cost: 69.0
Transport cost: 83.9
Less tangible costs: 91.5
Local consumer base: 76.2
2012 rank: 1
Total score: 83.4
Economic integration: 79.1
Business startup cost: 95.3
Labor/material cost: 62.2
Transport cost: 93.8
Less tangible costs: 88.8
Local consumer base: 75.2
Tags: attractive countries for business, Australia, best climates for business, best countries for business, business friendly nations, canada, cost of labor, cost of materials, cost of setting up a business, degree of economic integration, Germany, Hong Kong, Netherlands, singapore, spain, Sweden, United Kingdom, United States