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Ukraine surpasses Russia in investment rating

Despite the economic crisis, Ukraine got 20 points higher than last year.

The Hamburg Institute of International economics (HWWI) published the results of the survey, according to which Ukraine surpassed Russia and took the 89th place in the list of investment attractive countries, DW reports

The rating was created by the Hamburg Institute of International economics in cooperation with the German auditing company BDO International Business Compass.

The list of 174 countries was topped by Switzerland with the result of 81.88 points. Then goes Singapore (81.03) and Hong Kong (80.17). The top ten includes the following European countries: Norway, Denmark, the Netherlands, Britain and Sweden.

With the result of 50.57 points and 20 positions higher than last year, Ukraine bypassed Russia, which took the 100th place after Nicaragua, Paraguay and Vietnam.

Among the countries that have greatly improved their investment climate are such post-Soviet states as Belarus (85th position), Latvia (29) and Moldova (87).

On the website of the survey it was noted that the attractiveness of the country was defined with due regard to of its development and combination of economic, political, legal and socio-cultural factors.