Global Entrepreneurship Index

Enterprise is a crucial engine of economic growth. Without enterprise and entrepreneurs, there would be little innovation, little productivity growth, and few new jobs.

Entrepreneurial success does not take place in a vacuum. Entrepreneurs exist in the context of their particular geography – be that their local, national, or even supranational economy and society.

This mix of attitudes, resources, and infrastructure is known as the entrepreneurship ‘ecosystem’. The Global Entrepreneurship Index is an annual index that measures the health of the entrepreneurship ecosystems in each of 137 countries. It then ranks the performance of these against each other. This provides a picture of how each country performs in both the domestic and international context.

The GEDI methodology collects data on the entrepreneurial attitudes, abilities and aspirations of the local population and then weights these against the prevailing social and economic ‘infrastructure’ – this includes aspects such as broadband connectivity and the transport links to external markets. This process creates 14 ‘pillars’ which GEDI uses to measure the health of the regional ecosystem.

2018 Global Entrepreneurship Index rankings

RankCountryGDP World Bank intenational$ 2011GEI
1United States5267683.6
2Switzerland5493380.4
3Canada4210479.2
4United Kingdom3745177.8
5Australia4214975.5
6Denmark4400574.3
7Iceland3454174.2
8Ireland4201273.7
9Sweden4553373.1
10France3794868.5
11Netherlands4624168.1
12Finland3850967.9
13Hong Kong5395967.3
14Austria4357466
15Germany4456565.9
16Israel3109265.4
17Belgium4141263.7
18Taiwan059.5
19Chile2130258.5
20Luxembourg6340458.2
21Norway6545756.6
22Qatar12873455
23Estonia2597754.8
24Korea3389154.2
25Slovenia2811053.8
26United Arab Emirates6460453.5
27Singapore7662852.7
28Japan3565351.5
29Lithuania2457851.1
30Poland2316550.4
31Portugal2581748.8
32Cyprus2863348
33Oman3523646.9
34Spain3162045.3
35Bahrain3678245.1
36Slovakia2562944.9
37Turkey1865144.5
38Czech Republic2638743.4
39Kuwait7607442.8
40Tunisia1022942.4
41Puerto Rico2714542.1
42Italy3332641.4
43China1255941.1
44Latvia2185840.5
45Saudi Arabia4964540.2
46Romania1871938.2
47Colombia1233338.2
48Greece2427337.1
49Jordan1136736.5
50Hungary2268436.4
51Uruguay1927935
52Botswana1528634.9
53Brunei Darussalam034.3
54Croatia1935934
55Barbados1492633.6
56Costa Rica1359633.3
57South Africa1212532.9
58Malaysia2364432.7
59Lebanon1677731.5
60Montenegro1473931.2
61Namibia935031.1
62Azerbaijan1643330.5
63Belize734230
64Kazakhstan2108929.7
65Morocco695829.2
66Macedonia1196629.1
67Peru1094228.4
68India537228.4
69Bulgaria1602227.8
70Panama1658527.7
71Thailand1418527.4
72Iran1606326.8
73Ukraine817826.8
74Serbia1219026.4
75Mexico1583826.4
76Egypt980725.9
77Georgia865825.8
78Russia2245225.2
79Gabon1677625
80Algeria1325724.7
81Trinidad & Tobago2652924.4
82Dominican Republic1203824.3
83Albania1002124.2
84Philippines805724.1
85Argentina024
86Swaziland722823.8
87Vietnam509223.2
88Armenia804222.8
89Jamaica821122.2
90Sri Lanka802221.9
91Rwanda155621.5
92Moldova524221.2
93Ghana372421.2
94Indonesia972521
95Bosnia and Herzegovina981020.7
96Ecuador1067820.5
97Bolivia601220.4
98Brazil1485820.3
99Tajikistan244620
100Kyrgyz Republic304419.8
101Nigeria544319.7
102Zambia347119.6
103Senegal219819.2
104Libya1530518.9
105Côte d’Ivoire280218.9
106Paraguay808618.7
107Honduras437818.7
108Guatemala691318.5
109Kenya280418.4
110Ethiopia142718.3
111Suriname1484918.1
112Lao PDR482417.8
113Cambodia292417.6
114El Salvador763616.7
115Tanzania239516.4
116Guyana605516.4
117Gambia, The155316.1
118Mali144215.9
119Liberia69115.7
120Pakistan484815.6
121Cameroon281015.4
122Nicaragua457214.7
123Angola634114.4
124Mozambique106314
125Madagascar133514
126Venezuela1715213.8
127Myanmar013.6
128Benin192413.3
129Burkina Faso153013.2
130Guinea108312.9
131Uganda164112.9
132Sierra Leone144012.3
133Malawi75312.2
134Bangladesh317911.8
135Burundi73511.8
136Mauritania327210.9
137Chad18149
Here is a volume packed with important information on entrepreneurship and management subjects critical for the growth of the world’s economies. Its authors are clear leaders in knowledge about entrepreneurship and its key role in the economy. They provide extensive, relevant, and highly illuminating data on a profusion of countries, organized so as to facilitate their use by others. Those who operate in the international arena will be particularly grateful for this work.
William Baumol
William Baumol
New York University