Top 10 Best Business Countries
The London Post has identified 10 countries and Global economic downturn not be significantly affected.
According to JPMorgan, the probability of a recession in 2021 is 60 percent. This is a big question mark ,Where we will invest in this situation and where the epidemic has affected the whole world
Global financial crisis
While the global financial crisis is hitting some countries hard, there are certain factors that are helping other countries to keep pace with global market conditions and paving the way for internal growth. Such countries are not significantly affected by the global economic downturn. Such countries would be the best to invest in by 2021.
According to the World Bank Group,(Top 10 Best Countries), four factors must be considered before investing in a countr strategic assets such as the country’s natural resources, efficiency, market and technology. The London Post has identified the best countries to invest in by 2021, taking into account these four factors. Let’s see what they are:
This is one of the best countries to invest in and growth of this country last year has been astounding. The sustainable economy, entrepreneurship, innovation and accustomed people create the conditions for businesses to grow here, this is the reason to consider to Top 10 Best Countries in the world.
Forbes has listed the country as the eighth best emerging market of 2021. Thailand has won the US-China trade war. The focus of investors turned to Thailand in the wake of the trade war. In the first nine months of 2019, the total value of foreign direct investment applications received in the country increased by 69 per cent over the previous year. About 65 per cent of these applications came from the automotive, electronics, electrical and digital sectors.
It is characterized by a sustainable economy. According to the United Nations, it is the sixth largest attracter of foreign investment. The UK is the fifth largest economy in the world.
This country has one of the largest stock markets in Asia. The country is characterized by a strong consumer market. There is great potential in this consumer market that no one has yet identified. Indonesia is definitely a country to look out for if you are in the manufacturing sector or have consumer products.
It is exciting for us that India is fifth on this list. India is one of the leading countries in terms of foreign investment. India has been described as the Asian giant that has invested heavily in research & development. Skilled workers have been cited as another feature of the country.
The country has been at the forefront of attracting investors since 2002. Economic stability, strong manufacturing sector and stable political climate are the hallmarks of this country.
This is a country that has been experiencing steady economic growth for 25 years. It is the ninth largest attracting foreign investment in 2021. It has been a sustainable investment destination for many years.
Like Thailand, Vietnam is another country that has been helped by the US-China trade war. China’s neighbor Vietnam was slowly emerging as a major manufacturing hub. This growth was further exacerbated when corporate giants like Samsung began to return to Vietnam from China. Many seaports and low cost production make this country business friendly. Vietnam’s economy is stable. The country has not had a single recession in the last 20 years.
Very business friendly area. The government is making a number of promises to attract investors. Low real estate rates, relatively low tax rates, low labor costs, etc. make it possible to do business here at low cost.
The world-class business-friendly environment attracts entrepreneurs here. Not only is Singapore the 10th best country to do business in 2021, but it is also the 10th best country to attract foreign investment. Singapore’s strong economy gives investors optimism.
You know that investing in these countries does not mean that any business will succeed. You have to study the market very carefully and make sure that the potential in the area you have chosen should go down to any sector.