4) Ireland

Ireland is a small, modern, trade dependent economy. Ireland’s GDP growth rate is 0.6 percent, trade balance as a percentage of GDP is 3.3 percent and GDP per capita is $41,300. Agriculture, once the most important sector, is now dwarfed by industry and services.

3) New Zealand

Over the past 20 years, successive governments have transformed New Zealand to a free market, open economy that can compete globally. New Zealand’s GDP growth rate is 2.5 percent and GDP per capita is 30,400. Around 4.4 million people live in this beautiful country, which has a trade balance of -4.6 percent. New Zealand is well-know for its business-friendly labor laws.