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This article was first published 12 years ago

10 best countries to start a business

Last updated on: October 26, 2012 08:12 IST

Image: Tourists stroll along Barcelona's harbour in Barcelona.
Photographs: Gustau Nacarino/Reuters

Management consulting firm Grant Thornton recently released a ranking of countries by how well they encourage "dynamic growth" for businesses.

Let's take a look some countries that are best when it comes to growing business.

Source: Business Insider

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10 best countries to start a business

Image: A view of the Central Business District in Singapore.
Photographs: Allison Ching/Reuters

Singapore

Dynamism score: 72.1

Strongest area: Singapore has the world's best financing environment.

Global rank: 1

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10 best countries to start a business

Image: Tourists take part in the reindeer safari at Arctic Circle near Rovaniemi.
Photographs: Kacper Pempel/Reuters

Finland

Dynamism score: 70.5

Strongest area: Finland has the world's second-best operating environment for businesses

Global rank: 2

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Tags: Finland

10 best countries to start a business

Image: People stroll under pink cherry blossoms in a Stockholm park.
Photographs: Scanpix/Reuters

Sweden

Dynamism score: 69.6

Strongest area: Sweden came in third for both business environment and science and technology.

Global rank: 3

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10 best countries to start a business

Image: People walk past a cafe in Tel Aviv.
Photographs: Sharon Perry/Reuters

Israel

Dynamism score: 69.3

Strongest area: Israel has the world's most dynamic science and technology environment

Global rank: 4

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10 best countries to start a business

Image: A view of Vienna International Center and UN headquarters in Vienna.
Photographs: Herwig Prammer/Reuters

Austria

Dynamism score: 66.1

Strongest area: Austria came in fourth place for its financing environment

Global rank: 5

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10 best countries to start a business

Image: Rowers train at dawn on the Yarra River in Melbourne.
Photographs: Toby Melville/Reuters

Australia

Dynamism score: 65.6

Strongest area: Australia comes in seventh for business operating environment, and labour and human capital

Global rank: 6

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10 best countries to start a business

Image: People walk on Zurich's main shopping street Bahnhofstrasse.
Photographs: Arnd Wiegmann/Reuters

Switzerland

Dynamism score: 64.1

Strongest area: Switzerland comes in fifth for science and technology.

Global rank: 7

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Tags: , Switzerland

10 best countries to start a business

Image: A view of Seoul.
Photographs: Lee Jae Won/Reuters

South Korea

Dynamism score: 64.9

Strongest area: Ranked fourth in science and technology

Global rank: 8

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10 best countries to start a business

Image: A view of Potsdamer Street in Berlin.
Photographs: Thomas Peter/Reuters

Germany

Dynamism score: 64.8

Strongest area: Germany comes in ninth for science and technology.

Global rank: 9

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10 best countries to start a business

Image: The Brooklyn Bridge and Manhattan Bridge is seen from the 90th storey of One World Trade Center in New York.
Photographs: Lucas Jackson/Reuters

The United States

Dynamism score: 64.1

Strongest area: The United States has the world's eighth-best financing environment

Global rank: 10