Armenia has the least favorable business conditions in region: Forbes

Inflectional US magazine Forbes has published a list of 129 countries that have the most favorable conditions for business.

While preparing the list the Forbes has considered such factors as the gross domestic product per capita, trade balance, the number of population and the budget balance.

The rating list as previously is headed by Denmark followed by Hong Kong. The third honorable place has been given to New Zealand.

Canada and Singapore follow New Zealand.

The last three countries in this list are Chad, Zimbabwe and Venezuela.

Armenia is the 96th in the list.

The US has lost its positions. Previously it used to be the 2nd in the list, but this time has occupied only the 9th place.

Among post-Soviet countries the following have been included in the list - Lithuania (32), Latvia (41), Georgia (61), Kazakhstan (72), Azerbaijan (79), Russia (97), Ukraine (98), Kyrgyzstan (106) and Tajikistan (121).