Best European Countries for Business 2020

The EuCham - European Camber has again prepared a list of European countries where the conditions for conducting business are the best. The research is based on World Bank and Transparency International indexes. Hungary is ranked 31st of the 46 countries.

EuCham, whose Central and Eastern European office is located in Budapest, ranks and analyzes 46 European countries according to their economic environment. The ranking is the result of an analysis based on internationally recognized indexes of the World Bank and Transparency International. EuCham thinks that business integrity and transparency play strategic roles.

Nordic countries continue to be on the top of the list: Denmark, Sweden, Norway and Finland, followed by Switzerland, UK and Germany. Estonia, Lithuania and Georgia are outstanding exceptions among the post-Soviet countries. The report reveals also that the highest level of improvement is shown by Armenia.