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Indonesia Ranks Among the Top 20 Best Countries for Business

Dwi Hadya Jayani 10/10/2019 11:03 WIB

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Indonesia ranks 19th with a score of 5.9 out of 10 as a top country for doing business.

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Indonesia Ranks Among the Top 20 Best Countries for Business

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Top 20 Countries for Business 2018

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Indonesia ranks among the top 20 best countries for business globally. According to the US News and World Report's 2019 Best Countries report, Indonesia is ranked 19th with a score of 5.9 out of 10.

The report reveals that companies conduct cost-benefit analyses to prioritize their business ventures. US News compiled countries considered most business-friendly and those demonstrating a balance and stability in this cost-benefit equation.

Indicators used include corruption levels, favorable tax environment, bureaucracy efficiency, government transparency, and low production costs. Indonesia's high business ranking is boosted by its near-perfect score of 9.7 in low production costs. Conversely, its lowest score, 0.4, is in government transparency.

The survey involved 21,000 respondents across five regions: the Americas, Asia, Europe, the Middle East, and Africa. A total of 80 countries worldwide were surveyed.

Editor : Hari Widowati

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Indonesia Ranks Among the Top 20 Best Countries for Business

Indonesia Ranks Among the Top 20 Best Countries for Business

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Most Indonesian E-Commerce Businesses Rely on Cash Payment

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Indonesia Ranks Among the Top 20 Best Countries for Business

Indonesia Ranks Among the Top 20 Best Countries for Business

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Most Indonesian E-Commerce Businesses Rely on Cash Payment

The Majority of Indonesian E-Commerce Entrepreneurs are High School Graduates in 2024

E-Commerce Shipping in Indonesia Concentrated in Java in 2024

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