Switzerland Continues its Reign at the Top of the Best Countries Report

This year, the project evaluated the perceptions of 73 nations across a range of categories. The 2020 Best Countries rankings methodology uses data gathered from a proprietary survey of more than 20,000 business leaders; college educated individuals that are middle class or higher; and general citizens who are nationally representative of their country.

Regarding Switzerland, the report emphasizes that “Switzerland has low unemployment, a skilled labor force and one of the highest gross domestic products per capita in the world, according to the CIA World Factbook. The country’s strong economy is powered by low corporate tax rates, a highly-developed service sector led by financial services and a high-tech manufacturing industry.”

Switzerland is not leading any of the subrankings of the report but shows an excellent performance across the board.

 Source: US News and World Report

The good perfomance in the subranking “entrepreneurship” is remarkable. According to the report the reasons are the educated population, good access to capital, a well-developed legal framework and a well-developed infrastructure. Switzerland ranks 5th in this subranking. The Top 4 are: Germany, Japan, USA and UK.