Rating is based on data for 2013

Economic Edition Bloomberg for third consecutive year analyzes economic and political situation in different countries and publishes a list of the most attractive countries in the world for business.

In order to identify the 50 most favorable economies Bloomberg experts rated 157 countries on six areas: the degree of economic integration (membership in international financial institutions, the dependence on the world market), the cost of setting up a business (price and number of operations required to open the companies), labor costs and material costs for transportation of goods, less tangible costs (inflation, the prevalence of corruption, taxation) and evaluation of consumer base (the size of the middle class, the GDP per capita volume of consumption).

Hong Kong again led the list, due to the low cost of setting up a business. Canada is in second place, because of the size of the middle class, the volume of consumption and GDP per capita. USA takes third position. The cost of doing business in the country greatly increased compared with other countries.

These are followed by Singapore, Australia, Germany, UK, Netherlands, Spain, Sweden, France, Japan, South Korea, and others.

BRIC position in rating is mostly improved compared to last year. For example, Brazil has moved from 61 to 38-th position. Russia ranked 44th, although it was 56-th, India has moved from 54 to 48-th position. The situation in China is deteriorating. During the year, its level in the rating fell to 28-th position. In 2012 the country ranked 19th place.