Sweden beats Norway on business friendliness / News / The Foreigner

Sweden beats Norway on business friendliness. Norway’s Scandinavian neighbour is also likely to retain its superior position in the future, The Economist Intelligence Unit’s 2009-13 Business Environment Rankings show. According to the BER, Sweden ranks 4th, globally, and Norway ranks 13th. The data also reveals that Sweden may fall two to 6th in 2014-18, while Norway may move up to 8th. Finland is also likely to fall behind from current 6th to 9th place, Denmark from 9th to 10th.

sweden, business, norway



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Sweden beats Norway on business friendliness

Published on Thursday, 19th June, 2014 at 07:32 under the news category, by Sarah Bostock.

Norway’s Scandinavian neighbour is also likely to retain its superior position in the future, The Economist Intelligence Unit’s 2009-13 Business Environment Rankings show.

Border mark on the Norway-Sweden border
A journey eastwards across the Norwegian-Swedish border will likely lead to a friendlier business experience.Border mark on the Norway-Sweden border
Photo: Skogsfrun/Wikimedia Commons


According to the BER, Sweden ranks 4th, globally, and Norway ranks 13th. The data also reveals that Sweden may fall two to 6th in 2014-18, while Norway may move up to 8th.

Finland is also likely to fall behind from current 6th to 9th place, Denmark from 9th to 10th.

Singapore remains top of the table, and Economist staff forecasts this seems unlikely to change over the next four years.

America is currently above Norway in 8th place, and the UK is currently in 19th. The US’ ranking will probably rise by on place in the next four years, but the UK’s ranking will probably worsen to 22nd.

Angola ranked low for business friendliness in 82nd position, and the African country’s ranking is forecast to rise two to 80th.

The business rankings model measures the quality or attractiveness of the business environment that The Economist Intelligence Unit’s Country Forecasts reports cover.

This rankings model examines separate categories. Each category contains a number of indicators that have been assessed for the past five years, and what will be focused on in the next five.

The categories cover:

  • Political environment
  • Macroeconomic environment
  • Market opportunities
  • Policy towards free enterprise and competition
  • Policies toward foreign investment
  • Foreign trade and exchange controls
  • Financing and taxes
  • Labour market and infrastructure

The indicators within each category will vary from 5 (foreign trade and exchange regimes) to 16 (infrastructure). There are 91 indicators in total. These indicators are scored on a scale from 1 (very bad for business) to 5 (very good for business).



Published on Thursday, 19th June, 2014 at 07:32 under the news category, by Sarah Bostock.

This post has the following tags: sweden, business, norway.





  
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