Latin Business Index 2013: Bad News for Brazil and Uruguay

Chile continues to lead the Latin Business Index for another year, an index which measures the climate for doing business in Latin America’s 18 largest economies. The index focuses on five main categories: macroeconomic environment, corporate environment, globalization and competitiveness, infrastructure level, and political environment.

Following Chile, the top five is rounded out with Panama, Peru, Mexico, and Costa Rica. These countries all posted strong rates of growth and low levels of inflation in the past year, and are praised for their market openness and ease of doing business.