Best Countries in Europe for Startups

21-Feb-2019

We analysed current economic data to determine the best European countries for startups. Our evaluation covered the general economic health, cost of doing business, business environment and labor force quality of 50 European nations, to arrive at a top 12 list. Below we explain our findings and our methodology.

• Top Countries for European Startups
• Summary of Rankings
• Discussion of Categories
• Methodology

Summary of Top Countries for Startups in Europe

Below are the top 12 countries in Europe for startup businesses, with scores across economic health, cost of doing business, business climate and quality of labor force. As each startup has different circumstances and requirements, we’ve expanded our data to show the top countries in each category. Lower scores are better.

Rank	Country	Composite Score	Economic Health	Cost of Doing Business	Business Climate	Labor Force Quality
1	Germany	5.5	5.3	5.0	4.3	7.7
2	United Kingdom	5.9	6.8	3.3	5.8	7.7
3	Ireland	6.2	5.5	5.3	8.5	5.3
4	Switzerland	6.3	5.5	11.7	5.3	2.7
5	Estonia	6.4	8.8	3.0	9.0	5.0
6	Czech Republic	6.6	6.5	2.0	10.3	7.7
7	Sweden	6.7	7.0	6.0	5.5	8.3
8	Norway	6.8	5.5	10.0	4.5	7.0
9	Finland	6.8	9.0	6.7	5.5	6.0
10	Netherlands	6.8	4.8	7.7	7.5	7.3
11	Austria	7.0	6.3	7.0	7.8	7.0
12	Denmark	7.0	7.3	10.3	4.3	6.3

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Link: https://www.nimblefins.co.uk/best-countries-europe-startups#nogo