Forbes’ annual ranking of the Best Countries for Business has placed Lithuania 15th in the world, ahead of such countries as Switzerland, Germany, the United States, Israel and others.
Compared to 2013, Lithuania has moved up by ten positions. The country has got a very good evaluation in terms of personal, trade and monetary freedom.
Lithuania is the second in Central and Eastern European region, right after Estonia, who leads the region. Latvia ranks 25th, Poland – 31st, and the Czech Republic – 34th.
The list is topped by Sweden, New Zealand, Hong Kong and Ireland. The worst countries for business are Chad, Gambia and Haiti.
Forbes ranked 139 countries on 11 different metrics, including property rights, innovation, taxes, technology, corruption, freedom (personal, trade and monetary), red tape, investor protection and stock market performance.