Switzerland has scooped first place worldwide in the latest Best Countries Report from U.S. News & World Report. The country rated highly for its openness to companies and entrepreneurs and the high quality of life. 

The fifth edition of the Best Countries Report was published this year. The report evaluates 73 countries based on categories including economic influence, education and quality of life. It is published by the U.S. News & World Report in partnership with the BAV Group and the Wharton School at the University of Pennsylvania.

Switzerland has once again come top of the ranking. It impressed in the category for openness to companies, taking 2nd place in large part for its low corporate taxes and transparent government practices. Switzerland is also an outstanding location for entrepreneurs, according to the ranking, which places it fifth in this category. The report highlights the easy access to capital, good networking with the rest of the world and the large number of well educated specialists. 

Zalando to establish technology hub in the Greater Zurich Area
Switzerland is praised for its easy access to capital, its good networking with the rest of the world and its many well-trained specialists.

The high quality of life in Switzerland also impressed the jury. In this category, the country took seventh place, with top marks for safety, stable economy, excellent public education institutions and good public healthcare. 

Canada, Japan and Germany ranked just behind Switzerland. Great Britain came in sixth and the USA in seventh.  

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