articles | 16 December 2013

Cyprus ranks 27th in Forbes Best Countries for Business

In this year’s The Best Countries for Business survey by Forbes, Cyprus has topped the rankings coming first in the 'personal freedoms' category.

Out of a total 145 countries surveyed by the international financial publication, Cyprus was placed 27th overall, ahead of Malta and Poland; Malaysia and the UAE. Derived from data by the World Bank, World Economic Forum and Transparency International – among others – Forbes’ annual survey for 2012-3 graded investment locations against 11 different criteria, from monetary freedom and low corruption, to investor protection. On all counts, Cyprus scored highly, ranked 5th, 29th and 32nd respectively.

Source: Forbes

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