IRELAND is still one of the top countries in the world for business, according to Forbes annual rankings.
In fourth place on the list for a second year running, Ireland peaked in 2013 when it was named the number one country in the world to do business in.
Denmark tops this year’s list, with New Zealand and Norway ranking second and third respectively.
Forbes takes into account innovation, taxes, property rights, technology and stock market performance in its ranking of 146 nations in its annual Best Countries for Business report.
In individual categories, Ireland placed number one for personal freedom, ninth for trade freedom, and 17th for corruption.
Ireland also ranked sixth for tax burden, ninth for monetary freedom, and 11th for technology.
European countries represent two-thirds of the top 25 countries in 2015.
Britain moved up three spots to tenth place this year, whilst Germany rose two places to number 18.
The US moved four places down the list to number 22, continuing to descend for a sixth year.
Chad replaced Guinea at the bottom of the list, which includes a number of emerging markets where there is little freedom and high levels of corruption.