2014 2015 2016 2017 2018 2019

· Who is the country

government?
· Public Trust in Politicians 6.4 6.4 6.42
· Political Stability & Absence of
1.5 1.62 1.51 1.53
Violence

· Government Effectiveness –
quality of implementation &
2.21 2.22 2.23 2.22
credibility of govt’s commitment to
its policies

· Regulatory Quality – degree of

2.18 2.12 2.13 2.16
pro-business policies
· Political Instability Ranking 1.4 1 1
· Cooperation in labor-employer
6.42 6.11 6.12
relations
· Likelihood of violent
1 1 1
demonstrations
· Level of violent crime/level of
1 1 1
perceived criminality in society
· Business costs of crime and
6.18 6.15 6.02
violence
· Business cost of terrorism 5.74 5.62 5.43
· Terrorist activity 1 1 1
· Participation in International
Organisations / Trade Blocs
· Relationship between HOST &
HOME country’s governments
· Relationship between HOST &
NEIGHBOURING countries’
governments

· Relationship between HOST &

MAJOR trading partners’ countries’
governments
· Labour laws
· “Doing Business 2020”
· World Press Freedom Index 50.95 51.41
· Judiciary Independence, 5.54 5.58 5.66 5.68 5.65
· International Property Rights
8.358 8.404 8.462
Index
· Corruption Perception Index 84 85 85
· Population 5.54M 5.61M 5.61M 5.64M 5.7M
· GDP per capita 55646.62 56724.17 60297.79 64581.94 65,235
· Income distribution
· GDP per capita (Purchasing 89 007.46
91 452.04273
96 552.60261
101 352.57657105,499
Power Parity) 08
· Population density 7908 7915 7952
· literacy rate (%) 99.7849 99.92658 99.93044 99.92963

· Population median age 35.6

· Cost of labour
· Real GDP growth % 4.337 3.438 0.733
· Inflation rate 0.576 0.439 0.565
· Interest rate 1.8
· Country sovereign rate
· Currency stability
· Unemployment rate 2.175 2.1 2.25
· Balance of Payment (optional)
· Purchasing Managers’ Index 53.1
· Consumer Confidence Index
· Human Development Index 0.935 0.938
· Economic Freedom Index #1
· Basic Factors: Health & Primary
2 3 3
Education
· Advance Factors: Higher
6.2 6.29 6.27
Education & Training
Chart comparing host and home
country in the following dimension:
· Power Distance
· Individualism
· Masculinity
· Uncertainty Avoidance
· Long-Term Orientation
· World Bank’s Logistic
4.05
Performance Index

· Quality of overall infrastructure,

6.39 6.39 6.42
quality of roads, etc

· Availability of latest
6.2 6.15 6.11
technologies, internet users
· Advance Factors: Skills of
7 5 3
current workforce

· Capacity of innovation, quality

of scientific research institutions,
4.78 4.99 5.14
availability of scientists and
engineers

· natural resources, distance from

home country and major
economies, time difference
between home and host.

· Environmental Vulnerability
Index
· Global Climate Risk Index 116

· Which are the areas within the

country prone to natural disasters
 2020 2021 Report Source

GCR World Economic Forum (WEF)

WGI World Bank

WGI World Bank

WGI World Bank

GPI Institute for Economics and Peace

GCR World Economic Forum

GPI Institute for Economics and Peace

GPI Institute for Economics and Peace

GCR World Economic Forum

GCR World Economic Forum
GPI Institute for Economics and Peace

86.2 Doing Business World Bank

55.23 PFI Ranked #160 Reporters without borders
GCR World Economic Forum

IPRI Property Rights Alliance

85 CPI Transparency International
EIU/IMF/ WorldBank
UIS
EIU/IMF/ WorldBank

UIS
EIU/IMF/ WorldBank
 UNESCO
http://data.uis.unesco.org/
GCR WEF or https://population.un.org/wpp/DataQuery/

-3.47 2.962 IMF

-0.169 0.512 IMF
1.6 1.6 EIU Money Market Rate
AA EIU
A EIU Currency Risk
2.45 2.4 IMF
EIU/IMF/ WorldBank
44.7 Trading Economics
Trading Economics
HDI United Nations
#1 #1 EFI The Heritage Foundation

GCR World Economic Forum

GCR World Economic Forum

Hofstede
Hofstede
Hofstede
Hofstede
Hofstede

LPI World Bank

GCR World Economic Forum

GCR World Economic Forum

GCR World Economic Forum

GCR World Economic Forum

EVI http://www.vulnerabilityindex.net/
GCRI German Watch
Scale

[1 = extremely low; 7 = extremely high]

-2.5 to 2.5, with higher values corresponding to better
governance

-2.5 to 2.5, with higher values corresponding to better

governance
-2.5 to 2.5, with higher values corresponding to better
governance
[1 = very low, 5= very high]
[1 = generally confrontational; 7 = generally
cooperative]

[1 = very low, 5= very high]

[1 = very low, 5= very high]

[1 = to a great extent; 7 = not at all]

[1 = to a great extent; 7 = not at all]
[1 = very low, 5= very high]

[1 = not independent at all; 7 = entirely independent]

higher score means better

[0= highly corrupted; 100 = Very clean]
[1 being the highest and 0 being the lowest]
World #1

Rank, only Rank available

Aggregate score use

[1 = extremely underdeveloped-among the worst in the
world; 7 = extensive and efficient-among the best in the
world]

[1 = not available at all; 7 = widely available]

Rank. Highly skilled workforce

[1 = not at all; 7 = to a great extent]

[1 being most vulnerable; the larger the number the
less vulnerable]
 2014 2015 2016 2017 2018 2019
· Who is the country
government?
· Public Trust in Politicians
· Political Stability & Absence of
Violence

· Government Effectiveness –
quality of implementation &
credibility of govt’s commitment to
its policies

· Regulatory Quality – degree of

pro-business policies
· Political Instability Ranking
· Cooperation in labor-employer
relations
· Likelihood of violent
demonstrations
· Level of violent crime/level of
perceived criminality in society
· Business costs of crime and
violence
· Business cost of terrorism
· Terrorist activity
· Participation in International
Organisations / Trade Blocs
· Relationship between HOST &
HOME country’s governments
· Relationship between HOST &
NEIGHBOURING countries’
governments

· Relationship between HOST &

MAJOR trading partners’ countries’
governments
· Labour laws
· “Doing Business 2020”
· World Press Freedom Index
· Judiciary Independence,
· International Property Rights
Index
· Corruption Perception Index
· Population
· GDP per capita
· Income distribution
· GDP per capita (Purchasing
Power Parity)
· Population density
· literacy rate

· Population median age

· Cost of labour
· Real GDP growth %
· Inflation rate
· Interest rate
· Country sovereign rate
· Currency stability
· Unemployment rate
· Balance of Payment (optional)
· Purchasing Managers’ Index
· Consumer Confidence Index
· Human Development Index
· Economic Freedom Index
· Basic Factors: Health & Primary
Education
· Advance Factors: Higher
Education & Training
Chart comparing host and home
country in the following dimension:
· Power Distance
· Individualism
· Masculinity
· Uncertainty Avoidance
· Long-Term Orientation
· World Bank’s Logistic
Performance Index

· Quality of overall infrastructure,

quality of roads, etc

· Availability of latest
technologies, internet users
· Advance Factors: Higher
Education & Training

· Capacity of innovation, quality

of scientific research institutions,
availability of scientists and
engineers

· natural resources, distance from

home country and major
economies, time difference
between home and host.

· Environmental Vulnerability
Index
· Global Climate Risk Index

· Which are the areas within the

country prone to natural disasters
2020 2021 Report Source

GCR World Economic Forum (WEF)

WGI World Bank

WGI World Bank

WGI World Bank

GPI Institute for Economics and Peace

GCR World Economic Forum

GPI Institute for Economics and Peace

GPI Institute for Economics and Peace

GCR World Economic Forum

GCR World Economic Forum
GPI Institute for Economics and Peace

Doing Business World Bank

PFI Reporters without borders
GCR World Economic Forum

IPRI Property Rights Alliance

CPI Transparency International
EIU/IMF/ WorldBank
UIS
EIU/IMF/ WorldBank

UIS
EIU/IMF/ WorldBank
 UNESCO
http://data.uis.unesco.org/
GCR WEF or https://population.un.org/wpp/DataQuery/

IMF
IMF
EIU Money Market Rate
EIU
EIU Currency Risk
IMF
EIU/IMF/ WorldBank
Trading Economics
Trading Economics
HDI United Nations
EFI The Heritage Foundation

GCR World Economic Forum

GCR World Economic Forum

Hofstede
Hofstede
Hofstede
Hofstede
Hofstede

LPI World Bank

GCR World Economic Forum

GCR World Economic Forum

GCR World Economic Forum

GCR World Economic Forum

EVI http://www.vulnerabilityindex.net/
GCRI German Watch
Scale

[1 = extremely low; 7 = extremely high]

-2.5 to 2.5, with higher values corresponding to better
governance

-2.5 to 2.5, with higher values corresponding to better

governance
-2.5 to 2.5, with higher values corresponding to better
governance
[1 = very low, 5= very high]
[1 = generally confrontational; 7 = generally
cooperative]

[1 = very low, 5= very high]

[1 = very low, 5= very high]

[1 = to a great extent; 7 = not at all]

[1 = to a great extent; 7 = not at all]
[1 = very low, 5= very high]

[1 = not independent at all; 7 = entirely independent]

higher score means better

[0= highly corrupted; 100 = Very clean]
[1 being the highest and 0 being the lowest]

Rank, only Rank available

Aggregate score use

[1 = extremely underdeveloped-among the worst in the
world; 7 = extensive and efficient-among the best in
the world]

[1 = not available at all; 7 = widely available]

Rank. Highly skilled workforce

[1 = not at all; 7 = to a great extent]

[1 being most vulnerable; the larger the number the
less vulnerable]
 2014 2015 2016 2017 2018 2019
· Who is the country
government?
· Public Trust in Politicians
· Political Stability & Absence of
Violence

· Government Effectiveness –
quality of implementation &
credibility of govt’s commitment to
its policies

· Regulatory Quality – degree of

pro-business policies
· Political Instability Ranking
· Cooperation in labor-employer
relations
· Likelihood of violent
demonstrations
· Level of violent crime/level of
perceived criminality in society
· Business costs of crime and
violence
· Business cost of terrorism
· Terrorist activity
· Participation in International
Organisations / Trade Blocs
· Relationship between HOST &
HOME country’s governments
· Relationship between HOST &
NEIGHBOURING countries’
governments

· Relationship between HOST &

MAJOR trading partners’ countries’
governments
· Labour laws
· “Doing Business 2020”
· World Press Freedom Index
· Judiciary Independence,
· International Property Rights
Index
· Corruption Perception Index
· Population
· GDP per capita
· Income distribution
· GDP per capita (Purchasing
Power Parity)
· Population density
· literacy rate

· Population median age

· Cost of labour
· Real GDP growth %
· Inflation rate
· Interest rate
· Country sovereign rate
· Currency stability
· Unemployment rate
· Balance of Payment (optional)
· Purchasing Managers’ Index
· Consumer Confidence Index
· Human Development Index
· Economic Freedom Index
· Basic Factors: Health & Primary
Education
· Advance Factors: Higher
Education & Training
Chart comparing host and home
country in the following dimension:
· Power Distance
· Individualism
· Masculinity
· Uncertainty Avoidance
· Long-Term Orientation
· World Bank’s Logistic
Performance Index

· Quality of overall infrastructure,

quality of roads, etc

· Availability of latest
technologies, internet users
· Advance Factors: Higher
Education & Training

· Capacity of innovation, quality

of scientific research institutions,
availability of scientists and
engineers

· natural resources, distance from

home country and major
economies, time difference
between home and host.

· Environmental Vulnerability
Index
· Global Climate Risk Index

· Which are the areas within the

country prone to natural disasters
2020 2021 Report Source

GCR World Economic Forum (WEF)

WGI World Bank

WGI World Bank

WGI World Bank

GPI Institute for Economics and Peace

GCR World Economic Forum

GPI Institute for Economics and Peace

GPI Institute for Economics and Peace

GCR World Economic Forum

GCR World Economic Forum
GPI Institute for Economics and Peace

Doing Business World Bank

PFI Reporters without borders
GCR World Economic Forum

IPRI Property Rights Alliance

CPI Transparency International
EIU/IMF/ WorldBank
UIS
EIU/IMF/ WorldBank

UIS
EIU/IMF/ WorldBank
 UNESCO
http://data.uis.unesco.org/
GCR WEF or https://population.un.org/wpp/DataQuery/

IMF
IMF
EIU Money Market Rate
EIU
EIU Currency Risk
IMF
EIU/IMF/ WorldBank
Trading Economics
Trading Economics
HDI United Nations
EFI The Heritage Foundation

GCR World Economic Forum

GCR World Economic Forum

Hofstede
Hofstede
Hofstede
Hofstede
Hofstede

LPI World Bank

GCR World Economic Forum

GCR World Economic Forum

GCR World Economic Forum

GCR World Economic Forum

EVI http://www.vulnerabilityindex.net/
GCRI German Watch
Scale

[1 = extremely low; 7 = extremely high]

-2.5 to 2.5, with higher values corresponding to better
governance

-2.5 to 2.5, with higher values corresponding to better

governance
-2.5 to 2.5, with higher values corresponding to better
governance
[1 = very low, 5= very high]
[1 = generally confrontational; 7 = generally
cooperative]

[1 = very low, 5= very high]

[1 = very low, 5= very high]

[1 = to a great extent; 7 = not at all]

[1 = to a great extent; 7 = not at all]
[1 = very low, 5= very high]

[1 = not independent at all; 7 = entirely independent]

higher score means better

[0= highly corrupted; 100 = Very clean]
[1 being the highest and 0 being the lowest]

Rank, only Rank available

Aggregate score use

[1 = extremely underdeveloped-among the worst in the
world; 7 = extensive and efficient-among the best in
the world]

[1 = not available at all; 7 = widely available]

Rank. Highly skilled workforce

[1 = not at all; 7 = to a great extent]

[1 being most vulnerable; the larger the number the
less vulnerable]
 2014 2015 2016 2017 2018 2019
· Who is the country
government?
· Public Trust in Politicians
· Political Stability & Absence of
Violence

· Government Effectiveness –
quality of implementation &
credibility of govt’s commitment to
its policies

· Regulatory Quality – degree of

pro-business policies
· Political Instability Ranking
· Cooperation in labor-employer
relations
· Likelihood of violent
demonstrations
· Level of violent crime/level of
perceived criminality in society
· Business costs of crime and
violence
· Business cost of terrorism
· Terrorist activity
· Participation in International
Organisations / Trade Blocs
· Relationship between HOST &
HOME country’s governments
· Relationship between HOST &
NEIGHBOURING countries’
governments

· Relationship between HOST &

MAJOR trading partners’ countries’
governments
· Labour laws
· “Doing Business 2020”
· World Press Freedom Index
· Judiciary Independence,
· International Property Rights
Index
· Corruption Perception Index
· Population
· GDP per capita
· Income distribution
· GDP per capita (Purchasing
Power Parity)
· Population density
· literacy rate

· Population median age

· Cost of labour
· Real GDP growth %
· Inflation rate
· Interest rate
· Country sovereign rate
· Currency stability
· Unemployment rate
· Balance of Payment (optional)
· Purchasing Managers’ Index
· Consumer Confidence Index
· Human Development Index
· Economic Freedom Index
· Basic Factors: Health & Primary
Education
· Advance Factors: Higher
Education & Training
Chart comparing host and home
country in the following dimension:
· Power Distance
· Individualism
· Masculinity
· Uncertainty Avoidance
· Long-Term Orientation
· World Bank’s Logistic
Performance Index

· Quality of overall infrastructure,

quality of roads, etc

· Availability of latest
technologies, internet users
· Advance Factors: Higher
Education & Training

· Capacity of innovation, quality

of scientific research institutions,
availability of scientists and
engineers

· natural resources, distance from

home country and major
economies, time difference
between home and host.

· Environmental Vulnerability
Index
· Global Climate Risk Index

· Which are the areas within the

country prone to natural disasters
2020 2021 Report Source

GCR World Economic Forum (WEF)

WGI World Bank

WGI World Bank

WGI World Bank

GPI Institute for Economics and Peace

GCR World Economic Forum

GPI Institute for Economics and Peace

GPI Institute for Economics and Peace

GCR World Economic Forum

GCR World Economic Forum
GPI Institute for Economics and Peace

Doing Business World Bank

PFI Reporters without borders
GCR World Economic Forum

IPRI Property Rights Alliance

CPI Transparency International
EIU/IMF/ WorldBank
UIS
EIU/IMF/ WorldBank

UIS
EIU/IMF/ WorldBank
 UNESCO
http://data.uis.unesco.org/
GCR WEF or https://population.un.org/wpp/DataQuery/

IMF
IMF
EIU Money Market Rate
EIU
EIU Currency Risk
IMF
EIU/IMF/ WorldBank
Trading Economics
Trading Economics
HDI United Nations
EFI The Heritage Foundation

GCR World Economic Forum

GCR World Economic Forum

Hofstede
Hofstede
Hofstede
Hofstede
Hofstede

LPI World Bank

GCR World Economic Forum

GCR World Economic Forum

GCR World Economic Forum

GCR World Economic Forum

EVI http://www.vulnerabilityindex.net/
GCRI German Watch
Scale

[1 = extremely low; 7 = extremely high]

-2.5 to 2.5, with higher values corresponding to better
governance

-2.5 to 2.5, with higher values corresponding to better

governance
-2.5 to 2.5, with higher values corresponding to better
governance
[1 = very low, 5= very high]
[1 = generally confrontational; 7 = generally
cooperative]

[1 = very low, 5= very high]

[1 = very low, 5= very high]

[1 = to a great extent; 7 = not at all]

[1 = to a great extent; 7 = not at all]
[1 = very low, 5= very high]

[1 = not independent at all; 7 = entirely independent]

higher score means better

[0= highly corrupted; 100 = Very clean]
[1 being the highest and 0 being the lowest]

Rank, only Rank available

Aggregate score use

[1 = extremely underdeveloped-among the worst in the
world; 7 = extensive and efficient-among the best in
the world]

[1 = not available at all; 7 = widely available]

Rank. Highly skilled workforce

[1 = not at all; 7 = to a great extent]

[1 being most vulnerable; the larger the number the
less vulnerable]
 2014 2015 2016 2017 2018 2019
· Who is the country
government?
· Public Trust in Politicians
· Political Stability & Absence of
Violence

· Government Effectiveness –
quality of implementation &
credibility of govt’s commitment to
its policies

· Regulatory Quality – degree of

pro-business policies
· Political Instability Ranking
· Cooperation in labor-employer
relations
· Likelihood of violent
demonstrations
· Level of violent crime/level of
perceived criminality in society
· Business costs of crime and
violence
· Business cost of terrorism
· Terrorist activity
· Participation in International
Organisations / Trade Blocs
· Relationship between HOST &
HOME country’s governments
· Relationship between HOST &
NEIGHBOURING countries’
governments

· Relationship between HOST &

MAJOR trading partners’ countries’
governments
· Labour laws
· “Doing Business 2020”
· World Press Freedom Index
· Judiciary Independence,
· International Property Rights
Index
· Corruption Perception Index
· Population
· GDP per capita
· Income distribution
· GDP per capita (Purchasing
Power Parity)
· Population density
· literacy rate

· Population median age

· Cost of labour
· Real GDP growth %
· Inflation rate
· Interest rate
· Country sovereign rate
· Currency stability
· Unemployment rate
· Balance of Payment (optional)
· Purchasing Managers’ Index
· Consumer Confidence Index
· Human Development Index
· Economic Freedom Index
· Basic Factors: Health & Primary
Education
· Advance Factors: Higher
Education & Training
Chart comparing host and home
country in the following dimension:
· Power Distance
· Individualism
· Masculinity
· Uncertainty Avoidance
· Long-Term Orientation
· World Bank’s Logistic
Performance Index

· Quality of overall infrastructure,

quality of roads, etc

· Availability of latest
technologies, internet users
· Advance Factors: Higher
Education & Training

· Capacity of innovation, quality

of scientific research institutions,
availability of scientists and
engineers

· natural resources, distance from

home country and major
economies, time difference
between home and host.

· Environmental Vulnerability
Index
· Global Climate Risk Index

· Which are the areas within the

country prone to natural disasters
2020 2021 Report Source

GCR World Economic Forum (WEF)

WGI World Bank

WGI World Bank

WGI World Bank

GPI Institute for Economics and Peace

GCR World Economic Forum

GPI Institute for Economics and Peace

GPI Institute for Economics and Peace

GCR World Economic Forum

GCR World Economic Forum
GPI Institute for Economics and Peace

Doing Business World Bank

PFI Reporters without borders
GCR World Economic Forum

IPRI Property Rights Alliance

CPI Transparency International
EIU/IMF/ WorldBank
UIS
EIU/IMF/ WorldBank

UIS
EIU/IMF/ WorldBank
 UNESCO
http://data.uis.unesco.org/
GCR WEF or https://population.un.org/wpp/DataQuery/

IMF
IMF
EIU Money Market Rate
EIU
EIU Currency Risk
IMF
EIU/IMF/ WorldBank
Trading Economics
Trading Economics
HDI United Nations
EFI The Heritage Foundation

GCR World Economic Forum

GCR World Economic Forum

Hofstede
Hofstede
Hofstede
Hofstede
Hofstede

LPI World Bank

GCR World Economic Forum

GCR World Economic Forum

GCR World Economic Forum

GCR World Economic Forum

EVI http://www.vulnerabilityindex.net/
GCRI German Watch
Scale

[1 = extremely low; 7 = extremely high]

-2.5 to 2.5, with higher values corresponding to better
governance

-2.5 to 2.5, with higher values corresponding to better

governance
-2.5 to 2.5, with higher values corresponding to better
governance
[1 = very low, 5= very high]
[1 = generally confrontational; 7 = generally
cooperative]

[1 = very low, 5= very high]

[1 = very low, 5= very high]

[1 = to a great extent; 7 = not at all]

[1 = to a great extent; 7 = not at all]
[1 = very low, 5= very high]

[1 = not independent at all; 7 = entirely independent]

higher score means better

[0= highly corrupted; 100 = Very clean]
[1 being the highest and 0 being the lowest]

Rank, only Rank available

Aggregate score use

[1 = extremely underdeveloped-among the worst in the
world; 7 = extensive and efficient-among the best in
the world]

[1 = not available at all; 7 = widely available]

Rank. Highly skilled workforce

[1 = not at all; 7 = to a great extent]

[1 being most vulnerable; the larger the number the
less vulnerable]
 2014 2015 2016 2017 2018 2019
· Who is the country
government?
· Public Trust in Politicians
· Political Stability & Absence of
Violence

· Government Effectiveness –
quality of implementation &
credibility of govt’s commitment to
its policies

· Regulatory Quality – degree of

pro-business policies
· Political Instability Ranking
· Cooperation in labor-employer
relations
· Likelihood of violent
demonstrations
· Level of violent crime/level of
perceived criminality in society
· Business costs of crime and
violence
· Business cost of terrorism
· Terrorist activity
· Participation in International
Organisations / Trade Blocs
· Relationship between HOST &
HOME country’s governments
· Relationship between HOST &
NEIGHBOURING countries’
governments

· Relationship between HOST &

MAJOR trading partners’ countries’
governments
· Labour laws
· “Doing Business 2020”
· World Press Freedom Index
· Judiciary Independence,
· International Property Rights
Index
· Corruption Perception Index
· Population
· GDP per capita
· Income distribution
· GDP per capita (Purchasing
Power Parity)
· Population density
· literacy rate

· Population median age

· Cost of labour
· Real GDP growth %
· Inflation rate
· Interest rate
· Country sovereign rate
· Currency stability
· Unemployment rate
· Balance of Payment (optional)
· Purchasing Managers’ Index
· Consumer Confidence Index
· Human Development Index
· Economic Freedom Index
· Basic Factors: Health & Primary
Education
· Advance Factors: Higher
Education & Training
Chart comparing host and home
country in the following dimension:
· Power Distance
· Individualism
· Masculinity
· Uncertainty Avoidance
· Long-Term Orientation
· World Bank’s Logistic
Performance Index

· Quality of overall infrastructure,

quality of roads, etc

· Availability of latest
technologies, internet users
· Advance Factors: Higher
Education & Training

· Capacity of innovation, quality

of scientific research institutions,
availability of scientists and
engineers

· natural resources, distance from

home country and major
economies, time difference
between home and host.

· Environmental Vulnerability
Index
· Global Climate Risk Index

· Which are the areas within the

country prone to natural disasters
2020 2021 Report Source

GCR World Economic Forum (WEF)

WGI World Bank

WGI World Bank

WGI World Bank

GPI Institute for Economics and Peace

GCR World Economic Forum

GPI Institute for Economics and Peace

GPI Institute for Economics and Peace

GCR World Economic Forum

GCR World Economic Forum
GPI Institute for Economics and Peace

Doing Business World Bank

PFI Reporters without borders
GCR World Economic Forum

IPRI Property Rights Alliance

CPI Transparency International
EIU/IMF/ WorldBank
UIS
EIU/IMF/ WorldBank

UIS
EIU/IMF/ WorldBank
 UNESCO
http://data.uis.unesco.org/
GCR WEF or https://population.un.org/wpp/DataQuery/

IMF
IMF
EIU Money Market Rate
EIU
EIU Currency Risk
IMF
EIU/IMF/ WorldBank
Trading Economics
Trading Economics
HDI United Nations
EFI The Heritage Foundation

GCR World Economic Forum

GCR World Economic Forum

Hofstede
Hofstede
Hofstede
Hofstede
Hofstede

LPI World Bank

GCR World Economic Forum

GCR World Economic Forum

GCR World Economic Forum

GCR World Economic Forum

EVI http://www.vulnerabilityindex.net/
GCRI German Watch
Scale

[1 = extremely low; 7 = extremely high]

-2.5 to 2.5, with higher values corresponding to better
governance

-2.5 to 2.5, with higher values corresponding to better

governance
-2.5 to 2.5, with higher values corresponding to better
governance
[1 = very low, 5= very high]
[1 = generally confrontational; 7 = generally
cooperative]

[1 = very low, 5= very high]

[1 = very low, 5= very high]

[1 = to a great extent; 7 = not at all]

[1 = to a great extent; 7 = not at all]
[1 = very low, 5= very high]

[1 = not independent at all; 7 = entirely independent]

higher score means better

[0= highly corrupted; 100 = Very clean]
[1 being the highest and 0 being the lowest]

Rank, only Rank available

Aggregate score use

[1 = extremely underdeveloped-among the worst in the
world; 7 = extensive and efficient-among the best in
the world]

[1 = not available at all; 7 = widely available]

Rank. Highly skilled workforce

[1 = not at all; 7 = to a great extent]

[1 being most vulnerable; the larger the number the
less vulnerable]