Photographs: Stoyan Nenov/Reuters
The best countries for entrepreneurs do not necessarily have the biggest economies. In fact, based on a new report by the Organisation for Economic Co-operation and Development, four of the 10 best countries for entrepreneurship have among the smallest economies in the developed world, according to 24/7 Wall St.
Let's take a look at 10 best countries for entrepreneurs.
Source: 24/7 Wall St
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10 best countries for entrepreneurs
Photographs: Stefan Wermuth/Reuters
New Zealand
No. of procedures necessary to start a business: 1
No. of days to start of business: 1
Percentage employment by companies with 250+ employees: 42.1 per cent
Global rank: 1
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10 best countries for entrepreneurs
Photographs: Mick Tsikas/Reuters
Australia
No. of procedures necessary to start a business: 2
No. of days to start of business: 2
Percentage employment by companies with 250+ employees: N/A
Global rank: 2
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10 best countries for entrepreneurs
Photographs: Shaun Best/Reuters
Canada
No. of procedures necessary to start a business: 1
No. of days to start of business: 5
Percentage employment by companies with 250+ employees: N/A
Global rank: 3
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10 best countries for entrepreneurs
Photographs: Brian Snyder/Reuters
The United States
No. of procedures necessary to start a business: 6
No. of days to start of business: 6
Percentage employment by companies with 250+ employees: 52.8 per cent
Global rank: 4
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10 best countries for entrepreneurs
Photographs: Cathal McNaughton/Reuters
Ireland
No. of procedures necessary to start a business: 4
No. of days to start of business: 13
Percentage employment by companies with 250+ employees: 26.2 per cent
Global rank: 5
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10 best countries for entrepreneurs
Photographs: Luke MacGregor/Reuters
The United Kingdom
No. of procedures necessary to start a business: 6
No. of days to start of business: 13
Percentage employment by companies with 250+ employees: 48.6 per cent
Global rank: 6
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10 best countries for entrepreneurs
Photographs: Lee Jae-Won/Reuters
South Korea
No. of procedures necessary to start a business: 5
No. of days to start of business: 7
Percentage employment by companies with 250+ employees: 26.1 per cent
Global rank: 7
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10 best countries for entrepreneurs
Photographs: John Schults/Reuters
France
No. of procedures necessary to start a business: 5
No. of days to start of business: 7
Percentage employment by companies with 250+ employees: 39.5 per cent
Global rank: 8
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10 best countries for entrepreneurs
Photographs: Jose Manuel Ribeiro/Reuters
Portugal
No. of procedures necessary to start a business: 5
No. of days to start of business: 5
Percentage employment by companies with 250+ employees: 20.9 per cent
Global rank: 9
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10 best countries for entrepreneurs
Photographs: Minh Nguyen/Reuters
Chile
No. of procedures necessary to start a business: 7
No. of days to start of business: 7
Percentage employment by companies with 250+ employees: N/A
Global rank: 10
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