According to the 2014 Forbes Best Countries for Business Report, Jamaica is the best country in the Caribbean to do business.
Jamaica sits in 64th place out of a total of 146 nations included in the rankings.
The listing of the Best countries for Business was compiled by grading the nations included using 11 factors.
Some of them included stock market performance, investor protection, red tape, corruption, technology, taxes freedom and innovation. All categories were weighed equally.
Jamaica’s Minister of Industry, Investment and Commerce, Anthony Hylton was pleased with the news as he stated : “This latest report will go a long way in repositioning Jamaica in the investor community and ensure that Jamaica comes to mind as one of the top places to invest, not just in the Caribbean and Latin America, but in the world. I look forward to even greater improvements in our 2015 international rankings”.
Trinidad and Tobago is ranked 71, Barbados 73, Dominican Republic 86 and Guyana 96.