What is the Global Entrepreneurship Index of 2018?
Enterprise is very important for the economic growth of a nation. Enterprises not only lead to innovation but also add more jobs to the economy. Thus, the growth of entrepreneurship is vital to reduce unemployment. To measure the health of the entrepreneurship ecosystems among the nations, the Global Entrepreneurship and Development Institute regularly publishes the Global Entrepreneurship Index.
Countries that have the right policies and infrastructure to support entrepreneurship have done well on the index and are placed at the top. Some of the criteria of the GEI scores are skills in the fields of start-ups, quality of education, perceptions on entrepreneurship in the society among others.
Here is the Global Entrepreneurship Index Rank of All Countries, 2018
Rank | Country | GEI Score | Class |
1 | United States | 83.6 | Above 80 |
2 | Switzerland | 80.4 | Above 80 |
3 | Canada | 79.2 | 60-80 |
4 | United Kingdom | 77.8 | 60-80 |
5 | Australia | 75.5 | 60-80 |
6 | Denmark | 74.3 | 60-80 |
7 | Iceland | 74.2 | 60-80 |
8 | Ireland | 73.7 | 60-80 |
9 | Sweden | 73.1 | 60-80 |
10 | France | 68.5 | 60-80 |
11 | Netherlands | 68.1 | 60-80 |
12 | Finland | 67.9 | 60-80 |
13 | Hong Kong | 67.3 | 60-80 |
14 | Austria | 66 | 60-80 |
15 | Germany | 65.9 | 60-80 |
16 | Israel | 65.4 | 60-80 |
17 | Belgium | 63.7 | 60-80 |
18 | Taiwan | 59.5 | 40 to 60 |
19 | Chile | 58.5 | 40 to 60 |
20 | Luxembourg | 58.2 | 40 to 60 |
21 | Norway | 56.6 | 40 to 60 |
22 | Qatar | 55 | 40 to 60 |
23 | Estonia | 54.8 | 40 to 60 |
24 | Korea | 54.2 | 40 to 60 |
25 | Slovenia | 53.8 | 40 to 60 |
26 | United Arab Emirates | 53.5 | 40 to 60 |
27 | Singapore | 52.7 | 40 to 60 |
28 | Japan | 51.5 | 40 to 60 |
29 | Lithuania | 51.1 | 40 to 60 |
30 | Poland | 50.4 | 40 to 60 |
31 | Portugal | 48.8 | 40 to 60 |
32 | Cyprus | 48 | 40 to 60 |
33 | Oman | 46.9 | 40 to 60 |
34 | Spain | 45.3 | 40 to 60 |
35 | Bahrain | 45.1 | 40 to 60 |
36 | Slovakia | 44.9 | 40 to 60 |
37 | Turkey | 44.5 | 40 to 60 |
38 | Czech Republic | 43.4 | 40 to 60 |
39 | Kuwait | 42.8 | 40 to 60 |
40 | Tunisia | 42.4 | 40 to 60 |
41 | Puerto Rico | 42.1 | 40 to 60 |
42 | Italy | 41.4 | 40 to 60 |
43 | China | 41.1 | 40 to 60 |
44 | Latvia | 40.5 | 40 to 60 |
45 | Saudi Arabia | 40.2 | 40 to 60 |
46 | Romania | 38.2 | 20-40 |
47 | Colombia | 38.2 | 20-40 |
48 | Greece | 37.1 | 20-40 |
49 | Jordan | 36.5 | 20-40 |
50 | Hungary | 36.4 | 20-40 |
51 | Uruguay | 35 | 20-40 |
52 | Botswana | 34.9 | 20-40 |
53 | Brunei Darussalam | 34.3 | 20-40 |
54 | Croatia | 34 | 20-40 |
55 | Barbados | 33.6 | 20-40 |
56 | Costa Rica | 33.3 | 20-40 |
57 | South Africa | 32.9 | 20-40 |
58 | Malaysia | 32.7 | 20-40 |
59 | Lebanon | 31.5 | 20-40 |
60 | Montenegro | 31.2 | 20-40 |
61 | Namibia | 31.1 | 20-40 |
62 | Azerbaijan | 30.5 | 20-40 |
63 | Belize | 30 | 20-40 |
64 | Kazakhstan | 29.7 | 20-40 |
65 | Morocco | 29.2 | 20-40 |
66 | Macedonia | 29.1 | 20-40 |
67 | Peru | 28.4 | 20-40 |
68 | India | 28.4 | 20-40 |
69 | Bulgaria | 27.8 | 20-40 |
70 | Panama | 27.7 | 20-40 |
71 | Thailand | 27.4 | 20-40 |
72 | Iran | 26.8 | 20-40 |
73 | Ukraine | 26.8 | 20-40 |
74 | Serbia | 26.4 | 20-40 |
75 | Mexico | 26.4 | 20-40 |
76 | Egypt | 25.9 | 20-40 |
77 | Georgia | 25.8 | 20-40 |
78 | Russia | 25.2 | 20-40 |
79 | Gabon | 25 | 20-40 |
80 | Algeria | 24.7 | 20-40 |
81 | Trinidad & Tobago | 24.4 | 20-40 |
82 | Dominican Republic | 24.3 | 20-40 |
83 | Albania | 24.2 | 20-40 |
84 | Philippines | 24.1 | 20-40 |
85 | Argentina | 24 | 20-40 |
86 | Swaziland | 23.8 | 20-40 |
87 | Vietnam | 23.2 | 20-40 |
88 | Armenia | 22.8 | 20-40 |
89 | Jamaica | 22.2 | 20-40 |
90 | Sri Lanka | 21.9 | 20-40 |
91 | Rwanda | 21.5 | 20-40 |
92 | Moldova | 21.2 | 20-40 |
93 | Ghana | 21.2 | 20-40 |
94 | Indonesia | 21 | 20-40 |
95 | Bosnia and Herzegovina | 20.7 | 20-40 |
96 | Ecuador | 20.5 | 20-40 |
97 | Bolivia | 20.4 | 20-40 |
98 | Brazil | 20.3 | 20-40 |
99 | Tajikistan | 20 | 20-40 |
100 | Kyrgyz Republic | 19.8 | Below 20 |
101 | Nigeria | 19.7 | Below 20 |
102 | Zambia | 19.6 | Below 20 |
103 | Senegal | 19.2 | Below 20 |
104 | Libya | 18.9 | Below 20 |
105 | Côte d’Ivoire | 18.9 | Below 20 |
106 | Paraguay | 18.7 | Below 20 |
107 | Honduras | 18.7 | Below 20 |
108 | Guatemala | 18.5 | Below 20 |
109 | Kenya | 18.4 | Below 20 |
110 | Ethiopia | 18.3 | Below 20 |
111 | Suriname | 18.1 | Below 20 |
112 | Lao PDR | 17.8 | Below 20 |
113 | Cambodia | 17.6 | Below 20 |
114 | El Salvador | 16.7 | Below 20 |
115 | Tanzania | 16.4 | Below 20 |
116 | Guyana | 16.4 | Below 20 |
117 | Gambia, The | 16.1 | Below 20 |
118 | Mali | 15.9 | Below 20 |
119 | Liberia | 15.7 | Below 20 |
120 | Pakistan | 15.6 | Below 20 |
121 | Cameroon | 15.4 | Below 20 |
122 | Nicaragua | 14.7 | Below 20 |
123 | Angola | 14.4 | Below 20 |
124 | Mozambique | 14 | Below 20 |
125 | Madagascar | 14 | Below 20 |
126 | Venezuela | 13.8 | Below 20 |
127 | Myanmar | 13.6 | Below 20 |
128 | Benin | 13.3 | Below 20 |
129 | Burkina Faso | 13.2 | Below 20 |
130 | Guinea | 12.9 | Below 20 |
131 | Uganda | 12.9 | Below 20 |
132 | Sierra Leone | 12.3 | Below 20 |
133 | Malawi | 12.2 | Below 20 |
134 | Bangladesh | 11.8 | Below 20 |
135 | Burundi | 11.8 | Below 20 |
136 | Mauritania | 10.9 | Below 20 |
137 | Chad | 9 | Below 20 |
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