Guided by the report from the World Bank Group, U.S. News has identified the best countries to invest in for 2018. It is ranked based on a survey gathered from over 6,000 participants – who act as decision makers in business around the world – on a compilation of eight equally weighted country attributes. This includes corruption, dynamism, economic stability, entrepreneurship, favourable tax environment, innovation, skilled labour and technological expertise. The response from the survey were then used to determine the ranking.
Scroll down below to the see the Top 5 Best Countries To Invest In 2018, ranked in ascending order.
- Singapore I Population: 5.6 million I Total GDP: $297.0 billion I GDP growth: 2%
Singapore’s Economic Development board position the country as an intellectual hotbed, ripe with educated citizens and intellectual property law. Various incentives are offered to business and individuals with plans of betterment, from land use optimization to technology innovation. Although Singapore is a relatively small country, it is home to one of the region’s highest concentrations of expats and can be a comfortable launching pad into the boarder attraction of the Asian region.
- Malaysia I Population: 31.2 million I Total GDP: $296.4 billion I GDP growth: 4.2%
A highly skilled workforce coupled with a pro-business government makes Malaysia an attractive country to invest in. It is still the top recipient of foreign direct investment, despite a decrease of inflows to the region overall, according to United Nations data. Aside from that, a government-sponsored portal allows investors to take advantage of a range of incentives being offered.
- Poland I Population: 37.9 million I Total GDP: $469.5 billion I GDP growth: 2.9%
Amid times of change and uncertainty, investors can find a rather stable safe haven in Poland. The World Bank projects the Polish economy to be in good shape despite regional turbulence from Brexit and the refugee crisis. Its trade economy is closely tied to Germany’s and the country is home to Volkswagen’s assembly plant and other automotive manufacturers. The Polish government also touts the aerospace, electronics and renewable energy industries as sectors with promising opportunities.
- Indonesia I Population: 261.1 million I Total GDP: $932.3 billion I GDP growth: 5%
Indonesia is one of the most promising recipients of foreign direct investments for its region according to United Nations data. Renewed policy efforts, coupled with the country’s economic performance are likely to continue to attract investors. The World Bank projects steady increases for the country’s global economic prospect through next year.
- Philipines I Population: 103.3 million I Total GDP: $304.9 billion I GDP growth: 6.9%
In contrast to declining inflows of foreign direct investment, or FDI, to South East Asia as a whole, the Philippines continue to perform well, according to United Nations data. In the coming years, the country is expected to receive more FDI from within the region from powerhouses like China that are looking to utilize available labour in developing nations.
Click here to view the full list of the best countries to invest in 2018.