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Denmark once again among the best countries for doing business

Out of 139 countries worldwide, Denmark is the seventh best country for business according to the recent 2017 Best Countries for Business ranking by Forbes. The ranking confirms that Denmark has one of the world’s most attractive and innovative business environments.

Forbes’ 2017 Best Countries for Business raking once again confirms that Denmark is one of the most attractive countries for capital investment in the world, offering a wealth of business opportunities for foreign companies looking to establish or expand their activities.

The ranking emphasises how Denmark is a thoroughly modern market economy and takes the lead with its high-tech agricultural sector and high-performing companies within among others the pharmaceutical, maritime and renewable energy industry. Furthermore, Denmark offers highly competitive business costs and a famously flexible labour market with a highly skilled workforce.

An environment where business thrives

Denmark ranks in the top 20 in nine of the eleven metrics used to assess each country’s performance in the 2017 Best Country for Business ranking. In particular, Denmark tops the ranking on personal freedom and the absence of corruption.

Forbes’ very positive assessment of the Danish business climate is a welcome recognition for Denmark’s responsive public sector and that it pays off to focus on smoother and more agile legislation to meet the needs of tomorrow’s digital economy. This year’s “Best Countries for Business” once again not only confirms that Denmark offers an investment-friendly environment, but is among the world’s most attractive locations for businesses to innovate and expand their activities.

 Steen Hommel, Director Invest in Denmark

In the 2017 report, Denmark ranks:

  • No. 1 on corruption
  • No. 1 on personal freedom 
  • No. 8 on tax burden 
  • No. 10 on innovation
  • No. 12 on technology 
  • No. 12 on property rights 
  • No. 17 on trade freedom
  • No. 18 on monetary freedom

Click to see the full list of Best Countries for Business 2017.

Click to see Denmark’s full profile in Forbes’ Best Countries for Business 2017.

About forbes' best country for business

The Forbes Best Countries for Business ranks economies all over the world on business friendliness and evaluates which are the most inviting for capital investment.

The ranking grades 139 countries on 11 factors: property rights, innovation, taxes, technology, corruption, freedom (personal, trade and monetary), red tape, investor protection and stock market performance.

The data behind the ranking is comprised of published reports from Freedom House, Heritage Foundation, Property Rights Alliance, Transparency International, World Bank Group and World Economic Forum.

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