Denmark is ranked easiest country to do business in Europe

The fifth best country in the world and Europe's leading: When the World Bank announces the countries, providing the most favourable business climate, Denmark is once again among the elite.

In the World Bank’s "Ease of Doing Business" report, which is published every year, 9,600 local experts have weighed the business climate in 185 countries worldwide. They look at how easy or difficult it is to obtain construction permits, pay taxes, trade across borders and to set up a new business.

On this year’s list, Denmark is surpassed by Singapore, Hong Kong, New Zealand and the United States, but ranks higher than a number of countries Denmark is normally compared to, among these our Scandinavian neighbours.

Trade and Investment Minister Pia Olsen Dyhr (SF) sees the report as an expression of the government's successful efforts to make Denmark more attractive for investments.

"With the fierce, ever increasing international competition, it is important we continue our efforts to make Denmark an attractive place to invest for Danish and foreign companies alike. From this government's first workday, we have spared no efforts to make Denmark more open and investment friendly," she says in a press release.

See more information about Denmark's position here.