Indonesia has recently been gaining a lot of reputation around the world and the good thing is it is a positive one. Having Bali as the top destination of 2016 was not the last milestone it achieved. World Bank recently issued a report about the countries with great potential to invest. The report based on the major factors which include the nation, environment, international relations and frame work which helps in propelling both individuals and coporations to invest in any country's markets, natural resources, technological advancements and brands.
Taking guidance from the report of World Banks Group U.S news identified and highlighted the best countries ideal for investment right now. The rankings were released after surveying over 21000 people internationally from 80 different countries. The surveyors were measured on 65 different attributes which focused on their cultural influence, quality of life and entrepreneurship abilities.
To determine the best countries ranking U.S News focused on the main 8 contributing factors of the 65 attributes, entrepreneurship, economic stability, favorable tax environment, innovation, skilled labor, technological expertise, dynamism, and corruption. The rankings were then finalized on over 6000 survey participants who are basically the main influential individuals in the business world around the globe and mainly act as the decision makers of grooming the businesses.
1. Philippines
- Manila, Philippines
- ARTYOORAN/Shutterstock
Population: 103.3 million
Total GDP: $304.9 billion
GDP growth: 6.9%
2. Indonesia
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Population: 261.1 million
Total GDP: $932.3 billion
GDP growth: 5%
3. Poland
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Population: 37.9 million
Total GDP: $469.5 billion
GDP growth: 2.9%
4. Malaysia
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Population: 31.2 million
Total GDP: $296.4 billion
GDP growth: 4.2%
5. Singapore
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Population: 5.6 million
Total GDP: $297.0 billion
GDP growth: 2%
6. Australia
- iPhoto-Thailand/Shutterstock
Population: 24.1 million
Total GDP: $1.2 trillion
GDP growth: 2.8%
7. Spain
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Population: 46.4 million
Total GDP: $1.2 trillion
GDP growth: 3.3%
8. Thailand
- Muzhik/Shutterstock
Population: 68.9 million
Total GDP: $406.8 billion
GDP growth: 3.2%
9. India
- Getty Images/Daniel Berehulak
Population: 1.3 billion
Total GDP: $2.3 trillion
GDP growth: 7.1%
10. Oman
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Population: 4.4 million
Total GDP: $66.3 billion
GDP growth: –%
11. Czech Republic
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Population: 10.6 million
Total GDP: $192.9 billion
GDP growth: 2.6%
12. Finland
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Population: 5.5 million
Total GDP: $236.8 billion
GDP growth: 1.9%
13. Uruguay
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Population: 3.4 million
Total GDP: $52.4 billion
GDP growth: 1.5%
14. Turkey
- Murad Sezer/Reuters
Population: 79.5 million
Total GDP: $857.7 billion
GDP growth: 3.2%
15. Ireland
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Population: 4.8 million
Total GDP: $294.1 billion
GDP growth: 5.1%
16. Netherlands
Population: 17.0 million
Total GDP: $770.8 billion
GDP growth: 2.2%
17. United Kingdom
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Population: 65.6 million
Total GDP: $2.6 trillion
GDP growth: 1.8%
18. Brazil
- Nacho Doce/Reuters
Population: 207.7 million
Total GDP: $1.8 trillion
GDP growth: –3.6%
19. France
- Mike Hewitt/Getty Images
Population: 66.9 million
Total GDP: $2.5 trillion
GDP growth: 1.2%
20. Chile
- f11photo/Shutterstock
Population: 17.9 million
Total GDP: $247 billion
GDP growth: 1.6%