10 Best Countries for Business 2014

As a Canadian call center, we know first-hand the benefits of doing business in our country and being able to tap into the wealth of talent and resources available to us but it’s still interesting to see how we compare on the world’s stage. We have explored how Canada ranks in other areas like best country to live, the smartest countries, the happiest countries, the  most peaceful countries, the friendliest countries, the most charitable countries, the best countries for quality of life, the best countries for business, the top countries for life expectancy, the best countries for working women, the best country for child well-being, the best countries for higher education, the most popular countries, the least corrupt countries, the countries with the best reputation, the best countries for ease of doing business, the best countries for starting a business, the best country for business, the best country for customer satisfaction, the best countries with the most competitive economies, the best countries for entrepreneurship, the most sustainable countries, the best countries to grow old, the best country brand, the best countries for business, the most sustainable countries, the most charitable countries, the most prosperous countries, the countries with the highest minimum wage, the safest countries, the best countries with the highest average salary, the best countries for social progress, the best countries for working women, the best countries for mothers, the best countries for average life expectancy at birth, the most popular countries, the most gay friendly countries in the world, the most peaceful countries, the best countries for giving back, the best countries for global professionals on the move, the most tax competitive countries, the most innovative countries, the happiest countries, the best country to grow old and the most generous country. Today, we’ll be delving into the 10 best countries for business 2014 from Forbes’9th annual best countries for business list.

Image courtesy of National Post

Forbes is one of the leading American business magazines, and when determining these rankings they looked at 146 nations and graded them based on 11 categories: property rights, innovation, taxes, technology, corruption, freedom (personal, trade and monetary), red tape, investor protection and stock market performance. Each of these categories was given equal weight when tabulating scores. Furthermore the data they used came from a host of reputable sources including Freedom House, Heritage Foundation, Property Rights Alliance, Transparency International, World Bank and World Economic Forum. Based on the data collected, the 10 best countries for business 2014, according to Forbes, are:

1. Denmark – GDP: $324 Billion
2. Hong Kong – GDP: $272 Billion
3. New Zealand – GDP: $181 Billion
4. Ireland – GDP: $221 Billion
5. Sweden – GDP: $552 Billion
6. Canada – GDP: $1,825 Billion
7. Norway – GDP: $516 Billion
8. Singapore – GDP: $296 Billion
9. Switzerland – GDP: $646 Billion
10. Finland – GDP: $260 Billion

It is important to note that GDP (gross domestic product) isn’t the deciding factor in this ranking. It is only being highlighted to demonstrate that although the United States have the highest GDP in the world at $16.7 trillion they ranked 18th overall.

We’re proud to call Canada our home and for making the top 10. Congratulations Canada.

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Miratel Solutions is a Toronto call centre, eBusiness, and letter shop mail house specializing in professional fundraising services including inbound telephone fundraising, outbound telephone fundraising, online fundraising, lottery fundraising services, donation processing and receipting and direct mail fundraising services. We are committed to our CSR business values in all our business decisions  and advancing the missions of the nonprofits we proudly serve.