To qualify as a country worthy of investment, certain standards must be met.
A World Bank Group report highlighted four factors – the country’s people, environment, relationships, and framework – that propel both individuals and corporations to invest in a given country’s natural resources, markets, technologies, or brands.
Guided by the report from the World Bank Group, U.S. News identified the best countries to invest in for 2018.
Last month, U.S. News released their 2018 Best Countries ranking. To determine the overall list, U.S. News surveyed over 21,000 people worldwide about 80 different countries, measuring them on 65 different attributes, including cultural influence, entrepreneurship, and quality of life.
For the best countries to invest in ranking, U.S. News focused on just eight of the 65 attributes: entrepreneurship, economic stability, favourable tax environment, innovation, skilled labour, technological expertise, dynamism, and corruption. Responses from over 6,000 survey participants – who act as decision makers in business around the globe – were then used to determine the ranking.
See below for the rankings, which includes the country’s population, GDP, and the GDP growth percentage in 2016.
20. Chile
Population: 17.9 million
Total GDP: $US247 billion
GDP growth: 1.6%
19. France
Population: 66.9 million
Total GDP: $US2.5 trillion
GDP growth: 1.2%
18. Brazil
Population: 207.7 million
Total GDP: $US1.8 trillion
GDP growth: –3.6%
17. United Kingdom
Population: 65.6 million
Total GDP: $US2.6 trillion
GDP growth: 1.8%
16. Netherlands
15. Ireland
Population: 4.8 million
Total GDP: $US294.1 billion
GDP growth: 5.1%
14. Turkey
Population: 79.5 million
Total GDP: $US857.7 billion
GDP growth: 3.2%
13. Uruguay
Population: 3.4 million
Total GDP: $US52.4 billion
GDP growth: 1.5%
12. Finland
Population: 5.5 million
Total GDP: $US236.8 billion
GDP growth: 1.9%
11. Czech Republic
Population: 10.6 million
Total GDP: $US192.9 billion
GDP growth: 2.6%
10. Oman
Population: 4.4 million
Total GDP: $US66.3 billion
GDP growth: –%
9. India
Population: 1.3 billion
Total GDP: $US2.3 trillion
GDP growth: 7.1%
8. Thailand
Population: 68.9 million
Total GDP: $US406.8 billion
GDP growth: 3.2%
7. Spain
Population: 46.4 million
Total GDP: $US1.2 trillion
GDP growth: 3.3%
6. Australia
Population: 24.1 million
Total GDP: $US1.2 trillion
GDP growth: 2.8%
5. Singapore
Population: 5.6 million
Total GDP: $US297.0 billion
GDP growth: 2%
4. Malaysia
Population: 31.2 million
Total GDP: $US296.4 billion
GDP growth: 4.2%
3. Poland
Population: 37.9 million
Total GDP: $US469.5 billion
GDP growth: 2.9%
2. Indonesia
Population: 261.1 million
Total GDP: $US1.07 trillion
GDP growth: 5%
1.Philippines
Population: 103.3 million
Total GDP: $US304.9 billion
GDP growth: 6.9%
source : Business Insider | World Bank | US News | unsplash.com