Armenia Ranks Among the Best Countries for Business According to Forbes

For the second consecutive year, the United Kingdom has been recognized as the best country for doing business, a leading position that remains unshaken even amid concerns surrounding Brexit.

Forbes experts have presented their annual ranking in the The Best Countries For Business, with the UK having topped the list for the first time last year and successfully maintaining its leading status.

The report notes that the UK is the only country that has not dropped below the 30th position while evaluating any of the 15 indicators considered in the ranking. A total of 161 countries were included in the list.

Following the UK are Sweden, Hong Kong, the Netherlands, New Zealand, Canada, Denmark, Singapore, Australia, and Switzerland.

Armenia has secured the 81st position in the ranking with a GDP growth rate of 7.5%. The GDP per capita in our country is $3,900.

Among neighboring countries, Turkey ranks 57th, Georgia 44th, and Azerbaijan 70th. Russia holds the 55th position.