For several years now, with Mariano Rajoy at the helm of the Government, the so-called ‘Spanish brand’ has been trying promote foreign investment in our business ecosystem. In the same way, the initiatives proposed to facilitate entrepreneurship and self-employment (both by the PP-era Board and by the current coalition between PSOE and Podemos) have tried to resolve the deficits that we have been carrying since before the advent of democracy: historical weakness for doing business, especially overseas. Fortunately, in recent years our business network has taken a definite leap and Spain is already one of the best countries in the world for entrepreneurship and business.

Something that is reflected in latest ranking ‘US News’ with best country to live in the world in 2020, among which is Spain. The study considered up to 65 variables to prepare a list, such as institutional respect for human rights, quality of life or cultural and historical heritage, for which Spain scores very high. But it also takes into account two aspects that directly affect the business world: facilities both for entrepreneurship and for companies operating in the country. And there Spain enters the list, to 21st and 28th respectively. Next up, the ‘top ten’.

10. Holland

Its business organization focuses on two focuses: technological innovation and logistics, because it has some of the busiest ports in Europe, such as Rotterdam. Is he tenth best countries to do in the world and sixth if we take freedom of business into account.

9. Australia

This is a country that is not only a place rich in natural environment (which has sadly been devoured by fire for three months). Australia is one of the most important economic centers in the world, due to its special relationship with the UK and the US, as well as its geographical proximity to other hot spots in Asia, such as Singapore or Japan. Is the country is ninth on the list of best places to do in the world. Of course, restrictions on access to foreign human and financial resources make the country 14th in this regard.

8. South Korea

Even though South Korea is the 20th country on the list of best places to live (just behind Spain), ranks eighth in terms of facilities for starting a business. Of course it drops to 31st when we talk about freedom of business.

7. Sweden

Of the Nordic countries, Sweden ranks highest in ease of entrepreneurship and freedom of doing business. In both cases, it ranks seventh in the ‘US News’ rankings.

6. Canada

North American countries are one of the countries that provide the most facilities for entrepreneurs and is in sixth place. A situation largely due to the fact that it is the third country with the greatest freedom to do business.

5. Switzerland

Switzerland is the best country to live in the world and the fifth most likely to start a business, thanks in large part to its loose fiscal policy. In fact, it is a second country with greater freedom to do business, especially in the financial and banking sectors.

4. Great Britain

The United Kingdom is also on the list, despite the economic uncertainty represented by Brexit, which is scheduled for January 31. But in 2019, when it comes to ratings, they are fourth best country to conduct, although it ranks 27th in terms of freedom of business.

3. United States

No, the United States is not the best country in the world to do… But it does rank third on the list. However, the country’s business model – which incorporates a almost unlimited freedom to create companies with excessive state protectionism for certain productive sectors- making it the 45th country in terms of freedom of business.

2. Japan

Something similar happened in Japan in the US: even though it is the second best country to do business, relatively strict business policies relegated it to Ranked 25th when we talk about freedom of business.

1. Germany

And occupying the highest position on the list, Germany is the best country in the world to start a business. The explanation is more sociological than political: Contrary to what is happening in Spain, the high average salary means that the aspiration of the majority of Germans is to work for big companies, not start a business. (A good example is Volkswagen in Wolfsburg, where 72,000 people work, more than half the city). That is why, Due to the lack of entrepreneurs, Germany has some very favorable incentives for those who decide to take the plunge.