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Economic Sustainability Index

Business Sustainability: World Map

Economic Sustainability

Governing National Development: Shaping Social and Economic Capital

Societies and economies are shaped by the legal, regulatory and physical (human built) framework. This framework – the environment in which society exists and businesses operate in – is developed, maintained and updated by authorities and institutions, most often government bodies. The Governance Sub-Index therefore encompasses all aspects that shape the framework of society (the Social Capital), and in which the economy (Intellectual Capital, Resource Management) operates. It is based on 5 main clusters:

Business Sustainability Frameweork

The Governance Sub-Index of the Global Sustainable Competitiveness Index is based on quantitative data series – i.e. not qualitative evaluation of government systems: the Governance Index does not make political judgments. In addition, some aspects of government direction implications (such as human rights, freedom of press, etc.) are assigned to the Social Capital Index. The Governance Sub-Index aims at evaluating the suitability of a country’s regulatory framework and infrastructure environment to facilitate sustainable competitiveness. The regulatory and infrastructure framework should enable an environment in which the country’s natural, social and intellectual capital can flourish to generate new, and sustain existing wealth, for the population.

The Business Sustainability Ranking 2022

  • The Governance Ranking is topped by Estonia, followed by Ireland, Czechia and Finland
  • Germany follows on 5, Japan 6
  • The ranking is dominated by Central and Eastern European nations
  • The UK is ranked 62, the US at 86.
  • China is ranked 45
  • Russia is ranked 53, India 120, and Brazil 165
  • The map shows a clear north-South gap: all African countries score comparable low

2022 Business Sustainability Ranking

RankCountryScore
1Slovenia61.6
2Ireland60.6
3Austria58.0
4Finland57.8
5Germany56.8
6Denmark56.7
7Hungary55.9
8China55.8
9South Korea55.5
10Portugal55.5
11Switzerland55.4
12USA55.4
13Sweden55.4
14France54.1
15Lithuania53.7
16Italy53.5
17United Kingdom53.4
18Iceland53.3
19Croatia53.2
20Costa Rica53.1
21Czech Republic52.6
22Latvia52.4
23Slovakia52.3
24Singapore52.1
25Greece52.1
26Belgium52.1
27Japan51.7
28Romania51.6
29Luxembourg51.5
30Greenland51.0
31Gabon50.9
32Israel50.7
33Panama50.6
34Norway50.5
35Estonia50.5
36Netherlands50.3
37Turkey50.3
38Poland50.0
39Uruguay49.7
40New Zealand49.1
41Serbia48.5
42Spain48.4
43Ukraine47.5
44Ecuador47.4
45Micronesia47.1
46Bulgaria47.1
47Australia47.0
48Kazakhstan47.0
49Paraguay46.9
50Fiji46.8
51Malta46.8
52Canada46.6
53Kiribati46.3
54Tonga46.2
55Albania46.0
56Moldova46.0
57Colombia45.9
58Argentina45.8
59El Salvador45.7
60Belarus45.0
RankCountryScore
61Thailand44.6
62Grenada44.6
63Peru44.5
64Suriname44.4
65Dominican Republic44.3
66Bosnia and Herzegovina44.0
67St. Vincent and the Grenadines43.9
68Mexico43.8
69Malaysia43.5
70Angola43.4
71Laos43.2
72Kenya43.1
73Philippines43.1
74Cyprus42.9
75Montenegro42.8
76Cambodia42.7
77Burma42.7
78Djibouti42.6
79Jordan42.6
80West Bank and Gaza42.5
81Bolivia42.5
82Indonesia42.5
83Togo42.4
84Sao Tome and Principe42.0
85Bahamas42.0
86Mauritius42.0
87Cameroon41.9
88Vietnam41.9
89Cote d'Ivoire41.9
90Chile41.6
91Nicaragua41.6
92Samoa41.5
93Vanuatu41.4
94Guatemala41.2
95Timor-Leste41.2
96Sri Lanka40.9
97Benin40.9
98Haiti40.8
99Ghana40.4
100Georgia40.4
101St. Kitts and Nevis40.3
102Egypt40.2
103North Macedonia40.2
104Cuba40.2
105Tanzania40.0
106Guinea40.0
107Republic of Congo39.9
108United Arab Emirates39.9
109Rwanda39.8
110Morocco39.8
111Democratic Republic of Congo39.8
112Bangladesh39.8
113Namibia39.4
114Belize39.3
115Brazil39.3
116Dominica39.2
117Eswatini39.2
118Guyana39.2
119Armenia39.1
120Mongolia39.0
RankCountryScore
121Cape Verde38.9
122Maldives38.8
123Uganda38.7
124Botswana38.7
125Honduras38.5
126Ethiopia38.4
127Senegal38.4
128Guinea-Bissau38.3
129Sierra Leone38.2
130Solomon Islands38.1
131Venezuela38.0
132Mauritania38.0
133Kyrgistan37.5
134Equatorial Guinea37.1
135Liberia37.1
136Central African Republic37.0
137Comoros37.0
138Lebanon36.8
139Brunei36.8
140Iraq36.7
141Oman36.7
142Jamaica36.5
143Burkina Faso36.5
144Malawi36.3
145Nepal36.3
146Niger35.8
147Zimbabwe35.8
148Tajikistan35.7
149Nigeria35.7
150Tunisia35.7
151Saudi Arabia35.6
152Zambia35.6
153Bhutan35.5
154Afghanistan35.5
155Mozambique35.4
156Gambia34.8
157Pakistan34.7
158Trinidad and Tobago34.6
159Madagascar34.1
160Uzbekistan34.0
161Papua New Guinea33.7
162Turkmenistan33.6
164Azerbaijan33.5
165South Sudan33.4
166South Africa33.0
167Bahrain32.9
168Seychelles32.6
169Syria32.4
170Mali32.2
171Algeria32.2
172Qatar32.2
173Iran32.0
174India31.5
175Eritrea31.4
176Burundi31.1
177Lesotho31.0
178Chad30.6
179Yemen30.4
180Sudan28.4
Economic Sustainability index