These are the Best Countries for Business in 2020

Businesses got potential based on place and surroundings. Businesses could vary based on countries and their business-oriented psychological movement. If you think about promoting your business beyond the borders in that case below-mentioned countries could be the potential to advance your thinking.

1.)Singapore:

Population (million) 5.5

GDP per capita (USD)56,411

Economic Growth (GDP, annual variation in %) 2.9

Consumption (annual variation in %) 2.5

Manufacturing (annual variation in %) 2.8

Trade Balance (USD billion) 76.5

Exports (USD billion)438

Imports (USD billion) 362

2.)Australia:

Population (million) 23.6

GDP per capita (USD)61,186

Economic Growth (GDP, annual variation in %) 2.7

Consumption (annual variation in %) 2.5

Trade Balance (USD billion) 12.4

Industrial Production (annual variation in %)4.2

3.)Germany:

Population (million) 81.1

GDP per capita (EUR)35,862

Economic Growth (GDP, annual variation in %) 1.6

Consumption (annual variation in %) 1.2

Trade Balance (EUR billion) 219

4.)United Kingdom:

The UK climbs three places to enter the top 10 in 2015.

It has the second-highest GDP on the list, at $2.95 trillion.

5.)Netherlands:

Population (million) 16.9

GDP per capita (EUR) 38,862

Economic Growth (GDP, annual variation in %) 0.9

Consumption (annual variation in %) 0.1

Trade Balance (EUR billion) 50

6.)Spain:

Population (million) 46.5

GDP per capita (EUR) 22,780

Economic Growth (GDP, annual variation in %) 1.4

Consumption (annual variation in %) 2.4

Investment (annual variation in %) 3.4

Trade Balance (EUR billion) -24.0

7.)Sweden:

Population (million) 9.7

GDP per capita (USD)58,389

Economic Growth (GDP, annual variation in %) 2.1

Consumption (annual variation in %) 2.4

Trade Balance (USD billion) 17.2

Exports (G&S, annual variation in %)3.3

Imports (G&S, annual variation in %) 6.5

8.)France:

Population (million) 63.9

GDP per capita (EUR) 33,380

Economic Growth (GDP, annual variation in %) 0.2

Consumption (annual variation in %) 0.7

Trade Balance (EUR billion) -53.5

9.)Japan:

Population (million) 127

GDP per capita (USD)36,425

Economic Growth (GDP, annual variation in %) -0.1

Consumption (annual variation in %) -1.3

10.)Finland:

Population (million)5.5

GDP per capita (EUR) 37,425

Economic Growth (GDP, annual variation in %) -0.1

Consumption (annual variation in %) -0.8

Trade Balance (EUR billion) 0.7

11.)Norway:

Population (million) 5.2

GDP per capita (USD)100,178

Economic Growth (GDP, annual variation in %) 2.2

Consumption (annual variation in %) 2.1

Manufacturing (annual variation in %) 2.5

Trade Balance (USD billion) 53.7

12.)Luxembourg:

Population (million) 0.6

GDP per capita (EUR) 83,099

Economic Growth (GDP, annual variation in %) 2.0

Consumption (annual variation in %) 1.2

Trade Balance (EUR billion) -6.7

14.)Switzerland:

Population (million) 8.1

GDP per capita (USD) 87,374

Economic Growth (GDP, annual variation in %) 2.0

Consumption (annual variation in %) 1.0

Manufacturing (annual variation in %) 2.5

Trade Balance (USD billion) 36.2

15.)Canada:

Population (million) 35.5

GDP per capita (USD)50,409

Economic Growth (GDP, annual variation in %) 2.5

Consumption (annual variation in %) 2.8

Trade Balance (USD billion) 13.4

16.)Denmark:

Population (million) 5.6

GDP per capita (USD)60,864

Economic Growth (GDP, annual variation in %) 1.2

Consumption (annual variation in %) 0.7

Trade Balance (USD billion) 11.1

Exports (G&S, annual variation in %) 2.6

Imports (G&S, annual variation in %) 3.8

17.)Ireland:

Population (million) 4.6

GDP per capita (EUR)40,220

Economic Growth (GDP, annual variation in %) 4.8

Consumption (annual variation in %) 1.1

Trade Balance (EUR billion) 35.9

18.)The United States: 

At the Vanguard of Technology United States continues to be at the vanguard of all major advances in technology, medicine, and computers. Rising oil prices tarnished its shiny reputation, as well as new market entry barriers in some fields. The country has now entered a recession. It remains to be seen how long or deep the recession will be, and this may hurt its position in future rankings.

Above mentioned are the best countries to do business in 2020 based on online review and forum.