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American magazine Forbes has published a list of the Best Countries for Business. The United Kingdom takes the 1st place in the ranking. As it is noted, “despite the uncertainty with Brexit, the United Kingdom takes the first place in terms of workforce capacity, innovation and lack of red-taping for the second year in a row.” GDP per capita in the United Kingdom is $39,700.

The magazine placed Sweden on the second line ($53,400), Hong Kong — on the third ($46,200). The top 10 also includes the Netherlands, New Zealand, Canada, Denmark, Singapore, Australia and Switzerland.

Kyrgyzstan takes the 108th place. The growth of the country’s GDP is 4.6 percent, and the GDP per capita is $1,200. The country has sought to attract foreign investment to expand its export base, including construction of hydroelectric dams, Forbes says.

When compiling the ranking, such indicators as property rights protection, technology, living standards, labor force qualifications and security of deposits were taken into account. Kyrgyzstan has the best indicators in terms of bureaucracy (34th place) and investor protection (37th place).

Russia takes the 55th place ($10,700) in the ranking. Kazakhstan is on the 65th place ($8,800), Azerbaijan – on the 70th ($4,100).

Uzbekistan is ranked as 105th ($1,500). Tajikistan takes 124th place ($800).

In total, 161 countries were included in the list.

© 2018 Embassy of Kyrgyz Republic in New Delhi, India