10 BEST COUNTRIES TO BECOME AN ENTREPRENEUR IN 2021 This list is based on the following parameters · Human development index · Economy growth · Path to permanent resident and citizenship · The common language used · Job opportunities and unemployment rates In deciding where to bring their business, companies must define their priorities by weighing multiple operating and human costs. 1. Luxembourg: Luxembourg is a major center for large private banking, and its finance sector is the biggest contributor to its economy. The country’s main trading partners are Germany, France and Belgium.
2. Switzerland: Switzerland has low unemployment, a skilled labor force and one of the highest gross domestic products per capita in the world, according to the CIA World Fact book.
3. Canada: While the service sector is Canada’s biggest economic driver, the country is a significant exporter of energy, food and minerals. Canada ranks third in the world in proven oil reserves and is the world’s fifth-largest oil producer.
4. Denmark: Denmark has several leading industries including food processing, tourism and the production of iron, steel and machinery. Its main exports are processed foods, agricultural and industrial machinery, pharmaceuticals and furniture. 5. Singapore: One of Asia’s four economic tigers, Singapore has seen impressive growth in recent years as efficient manufacturing and production practices have made way for freemarket innovation in the booming electronics and pharmaceutical industries.
6. Netherlands: Known for its tulips, this high-income, developed nation is one of the world’s leading exporters of agriculture, an industry that has become mostly mechanized. An open-market policy and prime transportation location help the Netherlands maintain a trade surplus.
7. Sweden: Sweden operates under a model similar to those of other Nordic nations: heavily capitalistic with a large percent of spending going toward public service. Once well above the global average, tax rates have decreased, and an advanced infrastructure and transportation network assist with equal wealth distribution.
8. Thailand: A substantial agriculture sector and competitive manufacturing industry have kept Thailand strong and growing with low poverty and unemployment rates. It is the world’s largest exporter of rice and a leader in textiles, tin and electronics.
9. Finland: Today, Finland’s economy reflects its engagement with the world community; one-third of the country’s GDP comes from international trade.
10. Norway: Norway is a high income nation with a vibrant private sector and a substantial safety net. Discovery of oil and gas off the coast in the 1960s gave the country an economic boost and today Norway is one of the world’s leading petroleum exports.