Best Countries for Business 2013

Hong Kong tops list for the second straight year

   

Best Countries for Business 2013

2013 Best Countries for Business 2013A new list is out ranking the best countries for doing business.

It’s the second such annual list compiled by Bloomberg Rankings, a subsidiary of Bloomberg. It ranks nations on how business-friendly they are based on numerous factors such as start-up costs, labor costs, materials and transportation costs and so forth.

Here are the top five locations:

  1. Hong Kong: The city-state tops the list for the second straight year with low start-up costs and No. 2 rankings in transport and less tangibles costs.
  2. U.S.: Lower costs and quality economic integration give the U.S. the No. 2 spot.
  3. Japan: Very low cost of labor and materials as well as good economic integration.
  4. Netherlands: Higher labor costs were overcome by low transport and other costs.
  5. Germany: The best economic integration and good local consumers bring it in at No. 5.

Overall, more than 161 countries were studied. The top 20 can be seen at Bloomberg.

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Article printed from InvestorPlace Media, http://investorplace.com/2013/01/best-countries-for-business-2013/.

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