Business Dynamics

The UK continues to boast among the most favourable business environments globally, supported by a stable economy, advanced infrastructure and a skilled workforce. While the UK’s medium-sized enterprises are set to benefit from reduced regulatory and…

This report assesses the business environment in Uzbekistan, focusing on the regulatory environment, stability of the financial system, FDI intake, labour market flexibility and skillset, trade openness, mobility infrastructure, ICT adoption and…

With its highly developed ICT sector, favourable investment environment, developed infrastructure and healthy finance sector, the US ranks among the top countries in terms of economic freedom globally. During 2022, the government’s initiatives to…

In 2022, the Czech Republic had a business-friendly environment, with efficient banking and a free trade policy, allowing for easy access to financing and few barriers to the import and export of goods and services. The country has a high FDI…

Tanzania’s operational and regulatory environment faces difficulties, due to the weak rule of law, resulting in an economy lacking freedom. Although the investment environment has improved, there are still constraints, and the country ranks low…

Taiwan secured a place among the top 10 countries globally in the 2021 Index of Economic Freedom Ranking, riding on its major strengths of a highly skilled workforce, a robust financial system, sound investment incentives, and a well-established…

In 2022, Sweden maintained high business freedom and an attractive investment climate, placing it among the best locations to conduct business. Strong infrastructure and a high digitalisation level, along with supportive tax policies for R&D…

The Spanish business environment is globally recognised as one of the most appealing, thanks to its membership in the European Single Market that grants Spanish businesses access to a vast and diversified customer base, as well as the absence of…

South Korea’s business environment remains attractive to foreign investors, due to its efficient government regulation and world-class infrastructure, as well as its high capacity for innovation and ICT adoption, which continues to improve on the…

Peru’s business environment is facing a high tax burden as well as a lack of skilled labour and political instability. However, the country ranks among the top third of countries in the Index of Economic Freedom due to its trade and investment…

Malaysia offers a favourable environment for business operations, ranking among the top third in the Economic Freedom ranking. The country’s businesses benefit from robust economic expansion, numerous free trade agreements, strategic location and…

Given Indonesia’s strong economic performance in 2022, business confidence continued to increase, with the country witnessing considerable growth in FDI flows and exports over the year. Indonesia recorded significant improvements in terms of labour…

India remains among the lower third countries globally in the Economic Freedom Index, weighed down by poor fiscal health and lack of monetary freedom. In addition, an inefficient judicial system, skills shortages and lagging digitalisation further…

Hong Kong continued to rank as the best place to do business globally, thanks to its simple and efficient tax system, support to small and medium-sized enterprises, efficient banking system, investment incentives, well-developed infrastructure, high…

Greece’s business environment lags behind it regional peers, burdened by rigid labour market regulations, slow and inefficient judicial system, prevalent corruption, heavy taxation and weak financial system. The country boasts rather highly educated…

Ghana ranks in the bottom half in the Index of Economic Freedom, due to a lack of microeconomic stability and worsening fiscal health. Additionally, skills shortages impede the development of high value-added sectors, while the underdeveloped ICT…

Despite heavy tax burden and complex regulatory procedures, Germany remains among top most attractive countries in terms of business environment globally. The country boasts sound judicial system, stable political environment and high government…

In 2022, Colombia showed progress in terms of business freedom and financial regulations, and has been attracting FDI, with flexible business regulations for foreign investors. The country’s judicial effectiveness ranking has improved slightly, while…

Due to China’s strict COVID-19 containment measures, business confidence in the country deteriorated over 2022, while China’s ranking in economic freedom dropped significantly. The state interference in the financial sector, widespread corruption and…

Chile continues to lead the region and maintain a significant global stance in the Index of Economic Freedom ranking due to its stable macroeconomic environment, strong financial sector, high higher education attainment rates, and well-established…