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Macedonia is ranked 63th in world list of Best Countries for Business,which publishes the American magazine Forbes. This is a decline of 28 positions compared to last year's ranking when Macedonia was on the 35th position in the world. This year as the best country for doing business is the UK placed first out of 153 countries. American magazine measured 15 different factors of business development, as taxes, personal and economic liberty, bureaucracy, property rights, innovation, corruption, technology, trade and monetary freedom and the protection of investors. The second best country for doing business is New Zealand, the Netherlands third, Sweden's fourth and fifth Canada. At the very bottom of the list 150th place is Afghanistan, Haiti is 151st place, Gambia 152nd and Chad 153th place. In the region, the best ranked is Slovenia at 32nd position, Croatia is ranked 51st place, Montenegro on 68th place, Serbia at 69th, Albania 71st, Bosnia and Herzegovina on 97th place.