How we score markets
Each market gets six structural scores (0–10). Each score blends public indicators with analyst judgement, so the ranking is explainable and repeatable. Structural scores reviewed 16 October 2026; current conditions are scored separately and updated as events change.
| Dimension | Public evidence (weight) | Analyst judgement |
|---|---|---|
| Regulatory | World Bank WGI, 2025 data (2026 update): average of Regulatory Quality, Rule of Law and Government Effectiveness scores (60%) | 40% |
| Political stability | World Bank WGI, 2025 data (2026 update): Political Stability score (60%) | 40% |
| Infrastructure | World Bank Logistics Performance Index 2023, the latest edition with an overall score (60%) | 40% |
| Talent | World Bank Human Capital Index Plus (HCI+), 2025 data, released 2026, scaled to 0 to 10 (30%) | 70% (size and depth of the professional talent pool) |
| Foreign investment | Half WGI Regulatory Quality, half FDI inflows as % of GDP, 2021 to 2025 average (50%) | 50% (ownership rules, free zones) |
| Tax | Headline corporate income tax rate, 2026 (50%) | 50% (incentives, treaties, free zones) |
Overall structural score = the average of the six. Long-term risk band: 7.5+ Low, 6.0–7.4 Medium, below 6.0 High. Alongside it, each market has a Now score: the long-term score adjusted for live events (conflict, shipping disruption, sanctions), with a current alert level of Monitor, Elevated, High or Severe. Your personal fit score re-weights the six dimensions by your objective, then adjusts for sector fit, current conditions (by your risk appetite) and your budget.
Inputs by market
| Market | WGI Reg. Quality | WGI Rule of Law | WGI Gov. Effect. | WGI Pol. Stability | LPI (1–5) | HCI+ (0–325) | FDI % GDP (5-yr) | Corp. tax % |
|---|---|---|---|---|---|---|---|---|
| Bahrain | 72.8 | 61.6 | 61 | 59.8 | 3.5 | 234 | 6.2 | 0 |
| Bangladesh | 39.4 | 43.6 | 43.2 | 49.1 | 2.6 | 147 | 0.4 | 27.5 |
| China | 53.6 | 51.6 | 65.1 | 66 | 3.7 | 218 | 0.8 | 25 |
| Egypt | 47.6 | 47.3 | 50.2 | 50 | 3.1 | 161 | 4.5 | 22.5 |
| Ethiopia | 42.9 | 43.2 | 39.7 | 33.1 | 2.376767 | 123 | 3 | 30 |
| India | 52.6 | 56.5 | 62.6 | 55 | 3.4 | 159 | 1.1 | 25.17 |
| Indonesia | 57.3 | 54.4 | 57.6 | 52.7 | 3 | 175 | 1.7 | 22 |
| Kazakhstan | 55.9 | 51.9 | 54.5 | 62 | 2.7 | 230 | 1.4 | 20 |
| Kenya | 49.1 | 50.8 | 50.5 | 46 | 2.81 | 171 | 0.6 | 30 |
| Kuwait | 61.7 | 61.9 | 57.6 | 73 | 3.2 | 195 | 0.4 | 15 |
| Malaysia | 67.3 | 65.4 | 71.9 | 71.6 | 3.6 | 201 | 4.1 | 24 |
| Nigeria | 44.4 | 43 | 33.6 | 35.1 | 2.6 | 131 | 0.6 | 30 |
| Oman | 67.4 | 66.9 | 60.1 | 76 | 3.3 | 206 | 8.6 | 15 |
| Pakistan | 39.7 | 41.1 | 39.9 | 31.4 | 2.42 | 130 | 0.6 | 29 |
| Philippines | 58.5 | 50.9 | 56.3 | 51 | 3.3 | 175 | 2.2 | 25 |
| Qatar | 72.7 | 67.9 | 72.7 | 83.9 | 3.5 | 229 | 0.2 | 10 |
| Saudi Arabia | 67 | 63.1 | 67.5 | 65.9 | 3.4 | 210 | 2.2 | 20 |
| Singapore | 91.9 | 83.2 | 95.2 | 89 | 4.3 | 282 | 27 | 17 |
| South Africa | 54.3 | 59.3 | 51.9 | 58.9 | 3.7 | 132 | 2.6 | 27 |
| Sri Lanka | 50.3 | 55.2 | 49.7 | 64.9 | 2.8 | HCI 0.6 (2020) | 0.9 | 30 |
| Thailand | 57.6 | 56.6 | 57.7 | 55.8 | 3.5 | 202 | 2.7 | 20 |
| Turkey | 52.5 | 45.2 | 52.9 | 50.2 | 3.4 | 228 | 1.1 | 25 |
| United Arab Emirates | 75.7 | 67.6 | 75.4 | 80.1 | 4 | 263 | 5.8 (2020 to 2024) | 9 |
| Vietnam | 53.1 | 55.7 | 56 | 67.7 | 3.3 | 214 | 4.3 | 20 |
Sources: World Bank Worldwide Governance Indicators (2026 update, 2025 scores, 0 to 100); Logistics Performance Index (2023: the 2025 edition replaced the overall score with supply-chain tracking measures, so 2023 remains the latest comparable score); Human Capital Index Plus (2025 data, released 2026; Sri Lanka has no HCI+ 2025 value yet, so it keeps the 2020 Human Capital Index); World Bank FDI net inflows (% of GDP, 2021 to 2025 average; UAE 2020 to 2024, its latest published year); headline corporate income tax rates for 2026 (approximate; special regimes, minimum taxes, free zones and levies such as Nigeria's 4% development levy differ). Retrieved via the World Bank APIs, 16 October 2026.