(2) The United Kingdom (UK) has topped the Forbes’ rankings of best countries in the world for business in 2018. It is for the first time that this country has taken the top spot in the Forbes 12th annual survey and rose from the 5th in 2016. The list ranks 153 countries on 15 factors including property rights, innovation, taxes and red tape. New Zealand was ranked second for the third consecutive year, followed by Sweden and Canada. India was ranked 62nd in the list