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Best Countries for Business 2013

Hong Kong tops list for the second straight year


A 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,

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