This archive report was first published on 18 December 2019.
Forbes has been ranking the best countries for business for over a decade, with the United Kingdom taking the top spot for the second year in a row. The ranking measures countries that are most hospitable to capital investment, based on 15 metrics including property rights, innovation, taxes, technology, corruption, and workforce.
The United Kingdom is the only country to land in the top 30 in all metrics, with Sweden moving up two places to finish second. The business climate of the export-oriented economy received high marks for innovation, property rights, risk, and low corruption.
Kenya, on the other hand, ranked 93 out of 161 countries, with African nations populating the worst countries for business. The Central African Republic ranked last, with countries typically faring poorly on innovation, trade freedom, and investor protection.
Published on December 18, 2019
