Business

What is the Global Entrepreneurship Index of 2018?



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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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