Lithuania is placed 16th among 102 countries and lags behind Estonia, in the 12th place, but is ahead of Latvia in 27th place, the Verslo Žinios business daily reports.
The BPI is designated for investors looking for the most profitable regions to put their money at work for a certain period of time. The scenario envisioned by the BPI is of a five-year investment by a business or an individual. The BPI compares how local policies and conditions would affect the same investment in different countries. It also assumes that the investor reinvests the asset’s returns during the five-year period, then sells the asset and brings all the money home. The index is based on a number of factors, including the rates of return, corruption, political stability, investor protection.