#51 IN BEST COUNTRIES FOR BUSINESS
According to Forbes, Macedonia drop 1 spot this year in the ranking for a best country for business. The results as to why #51 is shown in the table below. Forbes looks at many different aspects, including but not limited to Trade, Innovation, Technology, Tax Burden etc.
Macedonia does very well in monetary freedom, placing 8th in the world, and poorly in Innovation and property rights.
In the region (SE Europe), Slovenia is the leader, placing 36, Croatia at 50th. Other countries in the region place rather poorly, Bosnia for instance is 119. Albania is 77th, Serbia 82nd, while Greece ranked 52, right behind Macedonia.
World Leaders, i.e. Best countries for doing business, according to Forbes are: Denmark, US, Canada, Sweden, Hong Kong, Australia, Norway, New Zealand. UAE is the country that made an enourmous jump in the ranking. It moved up 28 spots.