Please give the name of the country for which you want a detailed view.

1 Singapore 85,10
2 Hong Kong 84,08
3 Switzerland* 81,84
4 Netherlands* 80,14
5 Ireland* 78,81
6 Denmark* 78,80
7 Norway* 78,22
8 Great Britain* 77,06
9 Canada* 76,97
10 Australia* 76,17
11 Sweden* 75,92
12 Germany* 75,39
13 New Zealand* 74,99
14 USA* 74,69
15 Austria* 73,28
16 Iceland* 72,95
17 Belgium* 72,82
18 Finland* 72,71
19 Qatar 72,04
20 Japan* 69,91
21 Israel* 68,70
22 South Korea* 68,32
23 United Arab Emirates 68,07
24 Czech Republic* 67,83
25 Taiwan 67,41
26 Brunei Darussalam 67,21
27 Estonia* 67,16
28 France* 66,91
29 Malta 66,84
30 Oman 66,09
31 Slovenia* 65,55
32 Cyprus 65,15
33 Chile* 64,37
34 Lithuania 63,99
35 Poland* 63,49
36 Bahrain 63,03
37 Latvia 62,72
38 Hungary* 62,55
39 Slovakia* 62,41
40 Italy* 62,36
41 Malaysia 62,35
42 Kuwait 62,31
43 Spain* 61,67
44 Saudi Arabia 60,94
45 Portugal* 60,73
46 Samoa 60,63
47 Georgia 60,43
48 Uruguay 59,96
49 Mauritius 59,53
50 Romania 59,50
51 Panama 58,48
52 Barbados 57,97
53 Bahamas 57,85
54 Jordan 57,46
55 Bulgaria 57,05
56 Costa Rica 57,02
57 Croatia 56,79
58 Vanuatu 56,63
59 Saint Lucia 56,41
60 Botswana 56,16
61 Namibia 56,14
62 Fiji 55,77
63 Trinidad and Tobago 55,74
64 Montenegro 55,62
65 Kazakhstan 55,38
66 Peru 55,36
67 Turkey* 54,64
68 Azerbaijan 54,23
69 Kosovo 54,22
70 Mongolia 54,21
71 Thailand 54,20
72 Mexico* 53,91
73 Armenia 53,84
74 Serbia 53,61
75 Colombia 53,50
76 Jamaica 53,31
77 Macedonia 52,91
78 Albania 52,87
79 Greece* 52,60
80 Belarus 52,54
81 Sri Lanka 52,47
82 Dominican Republic 52,38
83 Rwanda 52,37
84 Vietnam 52,00
85 Solomon Islands 51,58
86 China 51,57
87 Kyrgyz Republic 51,46
88 Lebanon 51,35
89 Philippines 51,16
90 Moldova 50,93
91 El Salvador 50,09
92 Guyana 50,05
93 Bhutan 49,93
94 Paraguay 49,80
95 Russia 49,61
96 Belize 49,54
97 Maldives 49,50
98 Argentina 49,46
99 Nicaragua 49,38
100 Cape Verde 49,33
101 Brazil 49,27
102 Ghana 49,24
103 Indonesia 48,99
104 Tanzania 48,97
105 Morocco 48,89
105 South Africa 48,89
107 Bosnia and Herzegovina 48,86
108 Guatemala 48,50
109 Uganda 48,49
110 Ecuador 48,44
111 Suriname 48,35
112 Cambodia 48,23
113 Timor-Leste 47,80
114 Papua New Guinea 47,75
114 Tunisia 47,75
116 Zambia 47,37
117 Gabon 47,33
118 Lao 46,99
119 Kenya 46,88
120 Egypt 46,79
121 Honduras 46,76
122 India 46,64
123 Bangladesh 46,55
124 Iraq 45,95
125 Madagascar 45,94
126 Sao Tome and Principe 45,76
127 Algeria 45,74
128 Tajikistan 45,58
129 Malawi 45,38
130 Benin 45,32
131 Ukraine 45,27
132 Myanmar 45,21
133 Djibouti 45,17
134 Senegal 44,65
135 Usbekistan 44,36
136 Swaziland 44,13
137 Ivory Coast 43,67
138 Nepal 43,36
139 Burkina Faso 43,33
139 Iran 43,33
141 Pakistan 43,30
142 Niger 42,97
143 Togo 42,87
144 Gambia 42,71
145 Bolivia 42,45
146 Ethiopia 41,25
147 Liberia 40,96
148 Nigeria 40,76
149 Comoros 40,65
150 Burundi 40,41
151 Haiti 40,24
152 Cameroon 39,74
153 Congo 39,73
154 Equatorial Guinea 39,40
155 Mozambique 39,13
156 Lesotho 39,07
157 Guinea 38,73
158 Sierra Leone 38,70
159 Turkmenistan 38,26
160 Angola 38,13
161 Yemen 37,97
162 Mauritania 37,54
163 Libya 37,43
164 Mali 37,06
165 Guinea-Bissau 36,74
166 Zimbabwe 36,63
167 Democratic Republic of the Congo 36,60
168 Chad 35,61
169 Central African Republic 34,24
170 Eritrea 33,56
171 Afghanistan 33,47
172 Sudan 30,81
173 Venezuela 29,96
174 Nordkorea 27,76

Source: HWWI, BDO IBC 2018; database 2016; 1) Source: UNCTAD 2) Source: IWF

BDO international Business Compass

The BDO International Business Compass measure the attractiveness of a country as a multi-dimensional concept in three dimensions: the economic, politico-legal and socio-cultural conditions. The appeal of a country is associated with its level of development. It is understood as a combination of economic, politico-legal and social factors. On the one hand, the attractiveness of a particular country with regard to potential investment decisions is at the forefront, which clearly expresses an economical perspective. On the other hand, economic factors alone can only reflect the situation of a country in a limited fashion, because political, legal, social and cultural aspects also play a part and ultimately have an influence on how appealing a country is as an investment location. The three dimensions correlate with each other and are therefore statistically not entirely independent. However, this is neither required for their aggregation within the index, nor is it realistically achievable. From a statistical point of view, the attractiveness of a country is a level variable as a result of the interaction of a number of factors. The selected indicators may have both a positive and a negative effect on the overall structure, i.e. increase or decrease the attractiveness. The selection of indicators is based on whether they have a logically explicable and, if possible, already proven influence on the attractiveness construct. The second step aggregates specific factors in two sub-indices. The aim is to bundle information through indicators that have an influence on the appeal of a particular country as a potential market or production site.

SCIENTIFIC BACKGROUND