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40 countries where it's easiest to do business

Photos logoPhotos 30-10-2015

© Rawpixel Ltd/iStock/Getty Images

World Bank Group has released a long list of business-friendly countries around the world. The rankings are based on several parameters, including the ease of obtaining construction permits, getting electricity, paying taxes, enforcing contracts, registering property and trading across borders. Here is a look at the top 40 countries from the list of 189.

40. Croatia
City covered: Zagreb
Income category: High income
Population: 4,236,400
Ease of getting credit ranking: 70

38. Mexico
City covered: Mexico City, Monterrey
Income category: Upper middle income
Population: 123,799,215
Ease of getting credit ranking: 5

© Bogdan Cristel/Reuters

38. Bulgaria
City covered: Sofia
Income category: Upper middle income
Population: 7,226,291
Ease of getting credit ranking: 28

37. Romania
City covered: Bucharest
Income category: Upper middle income
Population: 19,910,995
Ease of getting credit ranking: 7

© Steve Parsons/ PA Archive/Press Association

36. Czech Republic
City covered: Prague
Income category: High income
Population: 10,510,566
Ease of getting credit ranking: 28

35. Armenia
City covered: Yerevan
Income category: Lower middle income
Population: 2,983,990
Ease of getting credit ranking: 42

© Toru Hanai/Reuters

34. Japan
City covered: Tokyo, Osaka
Income category: High income
Population: 127,131,800
Ease of getting credit ranking: 79

33. Spain
City covered: Madrid
Income category: High income
Population: 46,404,602
Ease of getting credit ranking: 59

© Paul Faith/PA Archive/Press Association Images

32. Mauritius 
City covered: Port Louis
Income category: Upper middle income
Population: 1,260,934
Ease of getting credit ranking: 42

31. United Arab Emirates
City covered: Dubai
Income category: High income
Population: 9,445,624
Ease of getting credit ranking: 97

© Chris Ratcliffe/Bloomberg

29. Slovenia
City covered: Ljubljana
Income category: High income
Population: 2,062,218 
Ease of getting credit ranking: 126

29. Slovak Republic
City covered: Bratislava
Income category: High income
Population: 5,418,506
Ease of getting credit ranking: 42

© TasfotoNL/iStock/Getty Images

28. The Netherlands
City covered: Amsterdam
Income category: High income
Population: 16,854,183
Ease of getting credit ranking: 79

27. France 
City covered: Paris
Income category: High income
Population: 66,201,365
Ease of getting credit ranking: 79

© Chris Ratcliffe/Bloomberg

26. Switzerland 
City covered: Zurich
Income category: High income
Population: 8,190,229
Ease of getting credit ranking: 59

25. Poland
City covered: Warsaw
Income category: High income
Population: 37,995,529
Ease of getting credit ranking: 19

© Jodi Jacobson/iStock/Getty Images

24. Georgia 
City covered: Tbilisi
Income category: Lower middle income
Population: 4,504,100
Ease of getting credit ranking: 7

23. Portugal 
City covered: Lisbon
Income category: High income
Population: 10,397,393
Ease of getting credit ranking: 97

© Getty Images

22. Latvia
City covered: Riga
Income category: High income
Population: 1,990,351
Ease of getting credit ranking: 19

21. Austria 
City covered: Vienna
Income category: High income
Population: 8,534,492
Ease of getting credit ranking: 59

© Franz Marc Frei/Lonely Planet Images/Getty Images

20. Lithuania 
City covered: Vilnius
Income category: High income
Population: 2,929,323
Ease of getting credit ranking: 28

19. Iceland 
City covered: Reykjavik
Income category: High income
Population: 327,589
Ease of getting credit ranking: 59

© Sanjit Das/Bloomberg

18. Malaysia
City covered: Kuala Lumpur
Income category: Upper middle income
Population: 30,187,896
Ease of getting credit ranking: 28

17. Ireland 
City covered: Dublin
Income category: High income
Population: 4,612,719
Ease of getting credit ranking: 28

© Getty Images

16. Estonia 
City covered: Tallinn
Income category: High income
Population: 1,313,645
Ease of getting credit ranking: 28

15. Germany
City covered: Berlin
Income category: High income
Population: 80,889,505
Ease of getting credit ranking: 28

© Brent Lewin/Bloomberg

14. Canada
City covered: Toronto
Income category: High income
Population: 35,540,419
Ease of getting credit ranking: 7

13. Australia
City covered: Sydney
Income category: High income
Population: 23,490,736
Ease of getting credit ranking: 5

© Getty Images

12. Macedonia, FYR
City covered: Skopje
Income category: Upper middle income
Population: 2,108,434
Ease of getting credit ranking: 42

11. Taiwan, China
City covered: Taipei
Income category: High income
Population: 23,434,000
Ease of getting credit ranking: 59

© Getty Images

10. Finland 
City covered: Helsinki
Income category: High income
Population: 5,463,596
Ease of getting credit ranking: 42 

9. Norway 
City covered: Oslo
Income category: High income
Population: 5,136,475
Ease of getting credit ranking: 70

© Getty Images

8. Sweden 
City covered: Stockholm
Income category: High income
Population: 9,689,555
Ease of getting credit ranking: 70

7. United States 
City covered: New York City, Los Angeles
Income category: High income
Population: 318,857,056
Ease of getting credit ranking: 2

© Getty Images

6. United Kingdom
City covered: London
Income category: High income
Population: 64,510,376
Ease of getting credit ranking: 19

5. Hong Kong SAR, China
City covered: Hong Kong
Income category: High income
Population: 7,241,700
Ease of getting credit ranking: 19

© Getty Images

4. Korea, Rep.
City covered: Seoul
Income category: High income
Population: 50,423,955
Ease of getting credit ranking: 42

3. Denmark
City covered: Copenhagen
Income category: High income
Population: 5,639,565
Ease of getting credit ranking: 28

© Richard Cummins/Robert Harding World Imagery/Getty Images

2. New Zealand 
City covered: Auckland
Income category: High income
Population: 4,509,700
Ease of getting credit ranking: 1

1. Singapore 
City covered: Singapore
Income category: High income
Population: 5,469,700
Ease of getting credit ranking: 19

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