Bangladesh garners low ranking on Forbes’ countries for business

FRIDAY, DECEMBER 18, 2015
Bangladesh garners low ranking on Forbes’ countries for business

BANGLADESH has ranked a low 121st out of 144 economies

With a gross domestic product of US$187 billion and a per capita GDP $3,400, Bangladesh falls behind Sri Lanka (91) and India (97), Bhutan (101), Pakistan (103) and Nepal (118) in the region.

Corruption and freedom
Countries are usually placed on the bottom of the Forbes’ list because of high levels of corruption and little freedom.
Denmark topped the “Best Countries of Business in 2015” list, while the United States dropped four spots to No 22, continuinga six-year descent since 2009 when it ranked second overall.
The United Kingdom and Japan both moved up three spots to No 10 and No 23. Germany improved two places to stand at 18 and China rose from 97 to 94.
Of the other economies, New Zealand was ranked second |best, followed by Norway (3), Ireland (4), Sweden (5), Finland (6), Canada (7), Singapore (8), the Netherlands (9), Hong Kong (11) and Switzerland (12).