Poland comes third in global investment ranking by US News&World Report

Poland has taken third place in the "Best Countries to Invest In" global ranking by US News&World Report magazine. The ranking forms part of the magazine's wider "Best Countries" ranking for 2017, in which Poland came 32nd out of 80.

Poland was beaten in the ranking by second-place Indonesia and the winner, the Philippines. Further down the list came Malaysia and Singapore.

"In times of change and uncertainty, investors can find a rather stable safe haven in Poland," the magazine wrote. "The World Bank projects the Polish economy to be in good shape despite regional turbulence from Brexit and the refugee crisis. Its trade economy is closely tied to Germany's, and the country is home to assembly plants for Volkswagen and other automobile manufacturers. The Polish government also touts the aerospace, electronics and renewable energy industries as sectors with promising opportunity."

The "Best Countries" ranking and its 24 derivative rankings are based on the results of research of a group of 21,000 people in 36 countries, who evaluate 80 selected countries in 75 categories. The "Best Countries to Invest In" ranking is based primarily on responses from more than 6,000 people from the business world on their perceptions of countries according to eight "attributes": corrupt, dynamic, economically stable, entrepreneurial, favourable tax environment, innovative, skilled labour force, and technological expertise.