2017: Most Entrepreneurial Countries In The World

It’s official, United States is the most entrepreneurial country in the world, according to the 2017 Global Entrepreneurship Index, conducted by Global Entrepreneurship Development Institute (GEDI), it remains the country with the most favourable conditions for entrepreneurs to launch startups and grow new businesses.

The index profiles the entrepreneurial ecosystems of 137 countries, from Albania to Zambia, Switzerland is in the 2nd place, followed by Canada, Sweden, and Denmark. As the American inventor Robert Metcalfe once said “Innovation makes the world go round. It brings prosperity and freedom.”

It is interesting to see that in Asia, Taiwan is leading, followed closely after by Singapore and Japan. The country that is quickly rising up the ranks for entrepreneurship is India, which jumped 29 spots in the ranking to land in 69th place.

(Photo: Entrepreneur)

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2017 Most Entrepreneurial Countries In The World

RankCountryGEI Score
1United States83.4
2Switzerland78
3Canada75.6
4Sweden75.5
5Denmark74.1
6Iceland73.5
7Australia72.5
8United Kingdom71.3
9Ireland71
10Netherlands67.8
11Finland66.9
12Germany64.9
13France64.1
14Austria63.5
15Belgium63
16Taiwan60.7
17Israel59.1
18Chile58.8
19United Arab Emirates58.8
20Luxembourg58.1
21Qatar58
22Norway55.9
23Estonia55.5
24Singapore52.2
25Japan51.7
26Slovenia51.5
27Korea50.5
28Lithuania49.6
29Portugal47.2
30Saudi Arabia47.2
31Poland46.6
32Hong Kong46.4
33Spain45.3
34Bahrain44.7
35Slovakia44.1
36Turkey43.7
37Oman43.6
38Latvia43
39Kuwait42.5
40Czech Republic42.2
41Puerto Rico40.6
42Tunisia40.5
43Cyprus38.5
44Colombia37.3
45Romania37.1
46Italy37
47Hungary36.3
48China36.3
49Greece34.6
50Uruguay34.6
51Barbados34.5
52Botswana34.4
53Brunei Darussalam33.9
54Malaysia33.4
55South Africa32.6
56Jordan31.7
57Azerbaijan31.1
58Costa Rica31
59Croatia30.8
60Namibia30.7
61Montenegro30.2
62Kazakhstan30.1
63Lebanon28.8
64Macedonia28.7
65Thailand27.1
66Ukraine26.9
67Peru26.8
68Panama26.2
69India25.8
70Morocco25.7
71Mexico25.7
72Russia25.4
73Algeria24.7
74Trinidad & Tobago24.6
75Gabon24.6
76Philippines24.1
77Georgia24
78Dominican Republic24
79Serbia23.1
80Albania23
81Egypt22.7
82Bulgaria22.7
83Argentina22.2
84Armenia22.1
85Iran22.1
86Ghana22
87Vietnam22
88Swaziland21.8
89Moldova21.3
90Indonesia21.2
91Ecuador21.1
92Kyrgyz Republic21
93Jamaica21
94Sri Lanka20.9
95Tajikistan20.7
96Zambia20.5
97Bolivia20.4
98Brazil20.1
99Bosnia and Herzegovina19.9
100Nigeria19.9
101El Salvador19.8
102Senegal19.7
103Rwanda19.6
104Libya19.2
105Lao PDR18.7
106Honduras18.2
107Kenya18.2
108Guatemala17.9
109Ethiopia17.8
110Suriname17.5
111Paraguay16.7
112Côte d’Ivoire16.6
113Belize16.6
114Cambodia16.5
115Gambia, The16.1
116Cameroon16
117Guyana15.9
118Tanzania15.8
119Mali15.6
120Myanmar15.6
121Liberia15.6
122Pakistan15.2
123Mozambique15.1
124Madagascar14.3
125Angola14.1
126Uganda13.2
127Benin13
128Venezuela13
129Nicaragua12.7
130Malawi12.5
131Guinea12.1
132Burkina Faso11.9
133Bangladesh11.8
134Mauritania11.6
135Sierra Leone11.4
136Burundi11.4
137Chad8.8