MARKETS · 199 COUNTRIES

Investment guides for 199 markets

Every country ranked by investability: institutions, openness to foreign capital, macro stability, political stability, upside and market depth. Open a market for its score breakdown, key figures, resources and sector exposure.

#CountryRegionScoreBandConfidence
1AndorraWestern Europe90Low riskLow
2DenmarkNorthern Europe88Low riskHigh
3Hong KongEastern Asia87Low riskHigh
4SingaporeSouth-East Asia86Low riskHigh
5MonacoWestern Europe85Low riskLow
6United Arab EmiratesMiddle East84Low riskHigh
7IrelandWestern Europe83Low riskHigh
8SwedenNorthern Europe82Low riskHigh
9SwitzerlandWestern Europe81Low riskHigh
10NetherlandsWestern Europe80Low riskHigh
11NorwayNorthern Europe80Low riskHigh
12CzechiaCentral & Eastern Europe79Low riskHigh
13LuxembourgWestern Europe79Low riskHigh
14LithuaniaNorthern Europe78Low riskHigh
15South KoreaEastern Asia78Low riskHigh
16JapanEastern Asia76Low riskHigh
17MaltaSouthern Europe76Low riskHigh
18PalauOceania76Low riskMedium
19QatarMiddle East76Low riskHigh
20FinlandNorthern Europe75Low riskHigh
21GermanyWestern Europe75Low riskHigh
22OmanMiddle East75Low riskHigh
23Cabo VerdeWest Africa74ModerateMedium
24ChileSouth America74ModerateHigh
25EstoniaNorthern Europe74ModerateHigh
26IcelandNorthern Europe74ModerateHigh
27New ZealandOceania74ModerateHigh
28PortugalWestern Europe74ModerateHigh
29Antigua and BarbudaCentral America & Caribbean73ModerateMedium
30CanadaNorth America73ModerateHigh
31GreenlandNorth America73ModerateLow
32MauritiusEast Africa73ModerateHigh
33CyprusSouthern Europe72ModerateHigh
34LatviaNorthern Europe72ModerateHigh
35MalaysiaSouth-East Asia72ModerateHigh
36AustraliaOceania71ModerateHigh
37AustriaWestern Europe71ModerateHigh
38Costa RicaCentral America & Caribbean71ModerateHigh
39GrenadaCentral America & Caribbean71ModerateMedium
40PolandCentral & Eastern Europe71ModerateHigh
41SloveniaCentral & Eastern Europe71ModerateHigh
42United KingdomWestern Europe71ModerateHigh
43UruguaySouth America71ModerateHigh
44BelgiumWestern Europe70ModerateHigh
45GeorgiaCaucasus70ModerateHigh
46LiechtensteinWestern Europe70ModerateLow
47SpainWestern Europe70ModerateHigh
48St. LuciaCentral America & Caribbean70ModerateMedium
49St. Vincent and the GrenadinesCentral America & Caribbean70ModerateMedium
50BruneiSouth-East Asia69ModerateHigh
51DominicaCentral America & Caribbean69ModerateMedium
52FijiOceania69ModerateHigh
53FranceWestern Europe69ModerateHigh
54IsraelMiddle East69ModerateHigh
55Marshall IslandsOceania69ModerateMedium
56MicronesiaOceania69ModerateMedium
57North MacedoniaCentral & Eastern Europe69ModerateHigh
58AlbaniaCentral & Eastern Europe68ModerateHigh
59CroatiaCentral & Eastern Europe68ModerateHigh
60NauruOceania68ModerateMedium
61Puerto RicoCentral America & Caribbean68ModerateLow
62San MarinoWestern Europe68ModerateMedium
63KiribatiOceania67ModerateMedium
64MontenegroCentral & Eastern Europe67ModerateHigh
65Saudi ArabiaMiddle East67ModerateHigh
66VietnamSouth-East Asia67ModerateHigh
67BarbadosCentral America & Caribbean66ModerateMedium
68BulgariaCentral & Eastern Europe66ModerateHigh
69ParaguaySouth America66ModerateHigh
70SlovakiaCentral & Eastern Europe66ModerateHigh
71United States of AmericaNorth America66ModerateHigh
72BhutanSouth Asia65ModerateHigh
73CambodiaSouth-East Asia65ModerateHigh
74KosovoCentral & Eastern Europe65ModerateMedium
75St. Kitts and NevisCentral America & Caribbean65ModerateMedium
76GreeceSouthern Europe64ModerateHigh
77GuyanaSouth America64ModerateMedium
78KuwaitMiddle East64ModerateHigh
79MaldivesSouth Asia64ModerateHigh
80MongoliaEastern Asia64ModerateHigh
81SamoaOceania64ModerateMedium
82ThailandSouth-East Asia64ModerateHigh
83HungaryCentral & Eastern Europe63ModerateHigh
84ItalyWestern Europe63ModerateHigh
85MoroccoNorth Africa63ModerateHigh
86PeruSouth America63ModerateHigh
87SerbiaCentral & Eastern Europe63ModerateHigh
88SeychellesEast Africa63ModerateHigh
89TongaOceania63ModerateMedium
90ArmeniaCaucasus62ModerateHigh
91New CaledoniaOceania62ModerateLow
92RwandaEast Africa62ModerateHigh
93Solomon IslandsOceania62ModerateHigh
94Timor-LesteSouth-East Asia62ModerateMedium
95BahrainMiddle East61ModerateHigh
96Bosnia and HerzegovinaCentral & Eastern Europe61ModerateHigh
97Dominican RepublicCentral America & Caribbean61ModerateHigh
98NamibiaSouthern Africa61ModerateHigh
99RomaniaCentral & Eastern Europe61ModerateHigh
100South AfricaSouthern Africa61ModerateHigh
101The BahamasCentral America & Caribbean61ModerateMedium
102IndiaSouth Asia60ModerateHigh
103MoldovaCentral & Eastern Europe60ModerateHigh
104SurinameSouth America60ModerateMedium
105TuvaluOceania60ModerateLow
106AzerbaijanCaucasus59ElevatedHigh
107BotswanaSouthern Africa59ElevatedHigh
108ChinaEastern Asia59ElevatedHigh
109NicaraguaCentral America & Caribbean59ElevatedHigh
110BelizeCentral America & Caribbean58ElevatedMedium
111BrazilSouth America58ElevatedHigh
112KazakhstanCentral Asia58ElevatedHigh
113HondurasCentral America & Caribbean57ElevatedHigh
114IndonesiaSouth-East Asia57ElevatedHigh
115JamaicaCentral America & Caribbean57ElevatedMedium
116ColombiaSouth America56ElevatedHigh
117JordanMiddle East56ElevatedHigh
118El SalvadorCentral America & Caribbean55ElevatedHigh
119PanamaCentral America & Caribbean55ElevatedHigh
120UzbekistanCentral Asia55ElevatedHigh
121VanuatuOceania55ElevatedMedium
122GhanaWest Africa54ElevatedHigh
123DjiboutiEast Africa53ElevatedHigh
124GambiaWest Africa53ElevatedHigh
125LiberiaWest Africa53ElevatedMedium
126PhilippinesSouth-East Asia53ElevatedHigh
127TajikistanCentral Asia53ElevatedHigh
128ArgentinaSouth America52ElevatedHigh
129MauritaniaNorth Africa52ElevatedHigh
130MexicoNorth America52ElevatedHigh
131TunisiaNorth Africa52ElevatedHigh
132UgandaEast Africa52ElevatedHigh
133eSwatiniSouthern Africa51ElevatedHigh
134GuatemalaCentral America & Caribbean51ElevatedHigh
135GuineaWest Africa51ElevatedHigh
136KyrgyzstanCentral Asia51ElevatedHigh
137LaosSouth-East Asia51ElevatedHigh
138NepalSouth Asia51ElevatedHigh
139TurkeyMiddle East51ElevatedHigh
140EcuadorSouth America50ElevatedHigh
141GabonCentral Africa49ElevatedHigh
142SenegalWest Africa49ElevatedMedium
143TanzaniaEast Africa49ElevatedHigh
144BeninWest Africa48ElevatedMedium
145Ivory CoastWest Africa48ElevatedMedium
146São Tomé and PríncipeCentral Africa48ElevatedHigh
147Trinidad and TobagoCentral America & Caribbean48ElevatedMedium
148ZambiaSouthern Africa48ElevatedHigh
149KenyaEast Africa47ElevatedHigh
150LesothoSouthern Africa47ElevatedHigh
151Sri LankaSouth Asia47ElevatedHigh
152TogoWest Africa47ElevatedMedium
153UkraineCentral & Eastern Europe47ElevatedHigh
154BangladeshSouth Asia46ElevatedHigh
155EgyptNorth Africa46ElevatedHigh
156MadagascarEast Africa45ElevatedHigh
157Republic of the CongoCentral Africa44HighHigh
158TurkmenistanCentral Asia44HighMedium
159Equatorial GuineaCentral Africa43HighMedium
160LebanonMiddle East43HighHigh
161ComorosEast Africa42HighHigh
162AlgeriaNorth Africa41HighHigh
163AngolaSouthern Africa41HighHigh
164BelarusCentral & Eastern Europe40High · cappedHigh
165MaliWest Africa40High · cappedMedium
166NigeriaWest Africa40HighHigh
167RussiaCentral & Eastern Europe40High · cappedHigh
168SomaliaEast Africa40High · cappedMedium
169EthiopiaEast Africa39HighMedium
170Papua New GuineaOceania39HighMedium
171BoliviaSouth America38HighHigh
172Burkina FasoWest Africa38HighMedium
173CameroonCentral Africa38HighHigh
174PalestineMiddle East38HighHigh
175Sierra LeoneWest Africa38HighHigh
176MozambiqueSouthern Africa37HighHigh
177Guinea-BissauWest Africa36HighMedium
178LibyaNorth Africa36HighHigh
179MalawiEast Africa36HighHigh
180PakistanSouth Asia36HighHigh
181Democratic Republic of the CongoCentral Africa35HighHigh
182MyanmarSouth-East Asia35HighHigh
183Central African RepublicCentral Africa34HighMedium
184IraqMiddle East34HighHigh
185ZimbabweSouthern Africa34HighHigh
186BurundiEast Africa32HighHigh
187ChadCentral Africa31HighMedium
188NigerWest Africa31HighMedium
189AfghanistanSouth Asia28HighHigh
190CubaCentral America & Caribbean25High · cappedLow
191IranMiddle East25High · cappedMedium
192North KoreaEastern Asia25High · cappedLow
193VenezuelaSouth America24HighMedium
194HaitiCentral America & Caribbean23HighHigh
195EritreaEast Africa21HighLow
196SyriaMiddle East21HighLow
197YemenMiddle East20HighMedium
198South SudanEast Africa19HighHigh
199SudanNorth Africa11HighHigh

Educational research, not investment, legal or tax advice. Scores are screening tools built from public data and are not forecasts or ratings. Figures are the latest available from the named source and may lag. Confirm everything with local advisers before committing capital.