Serbia ranks 56th in the list of Forbes’ best-performing countries in 2019 among 161 ranked countries. Great Britain is in the first place for the second consecutive year.
Of the former Yugoslavia countries, the best ranked is Slovenia, which is at the 31st position, Croatia ranked 52nd, while Macedonia was ranked 68, Montenegro 72, and Bosnia and Herzegovina 98.
When it comes to other countries from the region, Albania is in the 74th place, Hungary at 40, Romania at 41, Greece at 42, and Bulgaria at 46.
It is interesting that the United States fell five places to no.17, because, as explained, of the deterioration in personal, commercial and monetary freedom in the world’s largest economy worth 19.5 trillion dollars.
Forbes states that the ranking list “Best Countries for Business 2019” was based on 15 different criteria, including property rights, innovations, taxes, technology, corruption, freedom (personal, commercial and monetary), bureaucracy and investor protection. In addition, the criteria included labour, infrastructure, market size, quality of life and risk.
The ranking is based on the reports from the Freedom House, The Heritage Foundation, Rights Asset Rights, Alliance’s International Property Rights Index, Transparency International, World Bank’s Doing Business report, the World Economic Forum report, CIA’s World Factbook…
Forbes list of the best countries for business can be viewed here.