- Countries in Northern America and Western Europe have topped the list of best countries for doing business.
- Asia came in third place ahead of Eastern Europe which has been badly affected by the fallout of the Russia-Ukraine war.
- Unfortunately, African countries, including Nigeria did not do so well on the list.
Singapore, Canada and Denmark ranked first, second and third in the world for top countries with the best business environment. This means the above-mentioned countries with respective scores of 8.70, 8.45 and 8.45 are the best countries for doing business.
This is according to the latest business environment rankings (BER), an annual survey conducted by the Economist Intelligence (EIU). The ranking measured the attractiveness of the business environment in 82 countries on a quarterly basis, using a standard analytical framework with 91 indicators.
