Top 5 Most Suitable Countries For Doing Business

It is relatively safe to say that the 3rd world countries are safe for starting or establishing  business . However, while you can do business in any country you like, some countries are better than others when it comes to starting and running a business.

A variety of different factors can spoil a country’s business climate. These factors include such things as decreased economic freedom, expensive regulations in finance and health care, high corporate income taxes, and more.

Without much talk here are the top 5 countries of the world that are most suitable to do business

Panama is a Central American nation that connects Costa Rica and South America by way of Colombia.

Despite a wealth of natural resources – from copper to wood and shrimp – Panama’s U.S. dollar-based economy is largely service-driven, primarily from activities around the Panama Canal and the Colon Free Trade Zone for manufacturing. Scarce regulation on tax-exempt offshore banking has attracted large amounts of foreign investment and beautiful landscapes bring tourists.

$42.6 billion



GDP per capita, ppp


Denmark emerged in the 10th century and includes two North Atlantic island nations, the Faroe Islands and Greenland.

Copenhagen, Denmark’s capital, also serves as the country’s cultural and industrial hub. With a population of more than 1 million, Copenhagen is home to notable institutions such as the Copenhagen Stock Exchange.

$336 billion



GDP per capita, ppp


  1. Canada

    Canada takes up about two-fifths of the North American continent, making it the second-largest country in the world after Russia. The country is sparsely populated, with most of its 35.5 million residents living within 125 miles of the U.S. border. Canada’s expansive wilderness to the north plays a large role in Canadian identity, as does the country’s reputation of welcoming immigrants.

$1.8 trillion



GDP per capita, ppp


The Kingdom of Sweden, flanked by Norway to the west and the Baltic Sea to the east, expands across much of the Scandinavian Peninsula and is one of the largest countries in the European Union by land mass. Capital city Stockholm was claimed in the 16th century, and border disputes through the Middle Ages established the modern-day nation.

Sweden operates under a model similar to those of other Nordic nations: heavily capitalistic with a large percent of spending going toward public service. Once well above the global average, tax rates have decreased, and an advanced infrastructure and transportation network assist with equal wealth distribution. Health care, as well as a college education, are free, and its people boast one of the longest life expectancies in the world.

$580 billion



GDP per capita, ppp



The Grand Duchy of Luxembourg is a landlocked country in northern Europe with Belgium to the west, France to the south and Germany to the east. The country is one of the smallest in the world and the second-wealthiest after Qatar. Castles and churches dot its forests and rolling hills.

Luxembourg is the wealthiest country in the European Union, per capita, and its citizens enjoy a high standard of living. Luxembourg is a major center for large private banking, and its finance sector is the biggest contributor to its economy. The country’s main trading partners are Germany, France and Belgium.

$60.1 billion



GDP per capita, ppp

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Daniel Enisan is a content writer at With a degree in mass communication, Daniel is a full breed journalist. Daniel is a realist, loves the use of sarcasm, a movie and music junkie. He is also a poet and a good listener.

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