Top 10 Best Countries for Entrepreneurs: Who's Number One?
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Entrepreneurship is highly dependent on a country's social, economic, and political conditions. These conditions can foster a climate conducive to the growth of new businesses, thus impacting a nation's economy.
According to CEOWORLD magazine, the United States ranked highest as the best country for entrepreneurship in the world in 2020, achieving a total score of 42.88 points. Germany followed in second place, and the United Kingdom in third.
The following is a list of the top 10 most entrepreneurial countries in the world in 2020:
1. United States - 42.88 points
2. Germany - 41.05 points
3. United Kingdom - 35.8 points
4. Israel - 34.25 points
5. United Arab Emirates - 31.01 points
6. Poland - 29.75 points
7. Spain - 29.01 points
8. Sweden - 28.16 points
9. India - 25.47 points
10. France - 25.34 points
To determine the scores and rankings of the most entrepreneurial countries, CEOWORLD magazine compared data from 190 countries across six main categories: innovation, competitiveness, workforce skills, infrastructure, access to capital, and business openness.
CEOWORLD magazine also used data sourced from the Economist Intelligence Unit (EIU), World Economic Forum, Organization for Economic Cooperation and Development (OECD), U.S. News & World Report, the United Nations Economic and Social Council, and the World Bank.
(Read More: Entrepreneurs in Indonesia are Mostly High School Graduates)
"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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