10 Most Business-Friendly Nations in the World

7. United Kingdom

Last year, United Kingdom was ranked as the sixth best nation to carry out business. This year, it has slipped down to one slot to the seventh position in the same list.

United Kingdom is the world’s first industrialized nation of the world and is considered as one of the developed nations in the world at present. Its economy is the sixth largest in the world.

It is an impactful country and has a higher influence in the international trade and commerce. It offers much freedom of business to the insiders as well as to the outsiders.

8. South Korea

South Korea has climbed up by seven slots and is ranked as the eighth best country for doing business; last year, it was on the fifteenth place.

The economy of South Korea, which is highly dependent on the exports, is the fourth largest economy in the world. In order to promote international trade, South Korea joined hands for a free trade government in 2010.

South Korea is one of the global leaders in exporting robotics, electronic products, petrochemicals, automobiles, ships and petrochemicals.

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