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10 best countries to start a business

Last updated on: October 26, 2012 08:12 IST
Tourists stroll along Barcelona's harbour in Barcelona.

Management consulting firm Grant Thornton recently released a ranking of countries by how well they encourage "dynamic growth" for businesses.

Let's take a look some countries that are best when it comes to growing business.

Source: Business Insider

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10 best countries to start a business

Last updated on: October 26, 2012 08:12 IST
A view of the Central Business District in Singapore.

Singapore

Dynamism score: 72.1

Strongest area: Singapore has the world's best financing environment.

Global rank: 1

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10 best countries to start a business

Last updated on: October 26, 2012 08:12 IST
Tourists take part in the reindeer safari at Arctic Circle near Rovaniemi.

Finland

Dynamism score: 70.5

Strongest area: Finland has the world's second-best operating environment for businesses

Global rank: 2

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10 best countries to start a business

Last updated on: October 26, 2012 08:12 IST
People stroll under pink cherry blossoms in a Stockholm park.

Sweden

Dynamism score: 69.6

Strongest area: Sweden came in third for both business environment and science and technology.

Global rank: 3

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10 best countries to start a business

Last updated on: October 26, 2012 08:12 IST
People walk past a cafe in Tel Aviv.

Israel

Dynamism score: 69.3

Strongest area: Israel has the world's most dynamic science and technology environment

Global rank: 4

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10 best countries to start a business

Last updated on: October 26, 2012 08:12 IST
A view of Vienna International Center and UN headquarters in Vienna.

Austria

Dynamism score: 66.1

Strongest area: Austria came in fourth place for its financing environment

Global rank: 5

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10 best countries to start a business

Last updated on: October 26, 2012 08:12 IST
Rowers train at dawn on the Yarra River in Melbourne.

Australia

Dynamism score: 65.6

Strongest area: Australia comes in seventh for business operating environment, and labour and human capital

Global rank: 6

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10 best countries to start a business

Last updated on: October 26, 2012 08:12 IST
People walk on Zurich's main shopping street Bahnhofstrasse.

Switzerland

Dynamism score: 64.1

Strongest area: Switzerland comes in fifth for science and technology.

Global rank: 7

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10 best countries to start a business

Last updated on: October 26, 2012 08:12 IST
A view of Seoul.

South Korea

Dynamism score: 64.9

Strongest area: Ranked fourth in science and technology

Global rank: 8

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10 best countries to start a business

Last updated on: October 26, 2012 08:12 IST
A view of Potsdamer Street in Berlin.

Germany

Dynamism score: 64.8

Strongest area: Germany comes in ninth for science and technology.

Global rank: 9

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10 best countries to start a business

Last updated on: October 26, 2012 08:12 IST
The Brooklyn Bridge and Manhattan Bridge is seen from the 90th storey of One World Trade Center in New York.

The United States

Dynamism score: 64.1

Strongest area: The United States has the world's eighth-best financing environment

Global rank: 10