KPI |
2023 - Finland |
Weight |
Best |
Worst |
Aspirational value |
Current Value |
Institutional environment
Rank 8 / Score 83.97 |
Operational stability for businesses |
Initial Value: 0.5
|
4.00 |
0.40 |
Worst: Lebanon 4.00 Best: Singapore 0.40
77.08% |
1.23Value: 1.225
|
Government effectiveness |
Initial Value: 1
|
2.29 |
-1.33 |
Worst: Burundi -1.33 Best: Singapore 2.29
90.9% |
1.96Value: 1.9604417
|
Regulatory environment
Rank 2 / Score 95.75 |
Regulatory quality |
Initial Value: 0.5
|
2.23 |
-1.62 |
Worst: Iran, Islamic Rep. -1.62 Best: Singapore 2.23
91.38% |
1.9Value: 1.8980756
|
Rule of law |
Initial Value: 0.5
|
2.06 |
-1.36 |
Worst: Nicaragua -1.36 Best: Finland 2.06
99.94% |
2.06Value: 2.0578685
|
Cost of redundancy dismissal |
Initial Value: 1
|
58.50 |
8.00 |
Worst: Sri Lanka 58.50 Best: Austria 8.00
95.82% |
10.11Value: 10.11111
|
Business Environment
Rank 13 / Score 76.59 |
Policies for doing business |
Initial Value: 1
|
6.42 |
1.67 |
Worst: Argentina 1.67 Best: Switzerland 6.42
79.54% |
5.45Value: 5.4482496242
|
Entrepreneurship policies and culture |
Initial Value: 1
|
6.72 |
3.22 |
Worst: Mozambique 3.22 Best: United Arab Emirates 6.72
73.54% |
5.79Value: 5.7939285714
|
Education
Rank 8 / Score 69.18 |
Expenditure on education |
Initial Value: 1
|
9.52 |
1.67 |
Worst: Cambodia 1.67 Best: Namibia 9.52
60.47% |
6.42Value: 6.4169502258
|
Government funding per secondary student |
Initial Value: 1
|
51.06 |
5.41 |
Worst: Guatemala 5.41 Best: Tunisia 51.06
41.21% |
24.22Value: 24.221950531
|
School life expectancy |
Initial Value: 1
|
21.05 |
6.41 |
Worst: Niger 6.41 Best: Australia 21.05
86.48% |
19.07Value: 19.071170807
|
PISA scales in reading, math and science |
Initial Value: 0.5
|
579.03 |
334.12 |
Worst: Dominican Republic 334.12 Best: China 579.03
74.44% |
516.42Value: 516.42155776
|
Pupil-teacher ratio, secondary |
Initial Value: 0.5
|
45.18 |
6.11 |
Worst: Mozambique 45.18 Best: Croatia 6.11
83.32% |
12.63Value: 12.627156126
|
Tertiary Education
Rank 19 / Score 45.98 |
Tertiary enrolment |
Initial Value: 1
|
150.88 |
4.37 |
Worst: Niger 4.37 Best: Greece 150.88
61.89% |
95.05Value: 95.047889709
|
Graduates in Science and engineering |
Initial Value: 1
|
43.53 |
8.92 |
Worst: Namibia 8.92 Best: Malaysia 43.53
54.96% |
27.94Value: 27.940644796
|
Tertiary inbound mobility |
Initial Value: 0.5
|
70.27 |
0.10 |
Worst: Indonesia 0.10 Best: United Arab Emirates 70.27
11.22% |
7.97Value: 7.9719800949
|
Research and Development
Rank 9 / Score 64.74 |
Researchers FTE |
Initial Value: 1
|
9640.25 |
13.92 |
Worst: Guatemala 13.92 Best: Sweden 9640.25
81.62% |
7870.55Value: 7870.5509946
|
Gross expenditure on R&D (GERD) |
Initial Value: 1
|
5.56 |
0.01 |
Worst: Mauritania 0.01 Best: Israel 5.56
53.68% |
2.99Value: 2.9893381326
|
Global RnD companies, average expenditure, top 3 |
Initial Value: 1
|
28099.99 |
0.00 |
Worst: Albania 0.00 Best: United States 28099.99
6.39% |
1796.05Value: 1796.04822
|
QS university ranking average score of top 3 universities |
Initial Value: 1
|
98.70 |
0.00 |
Worst: Albania 0.00 Best: United States 98.70
50.49% |
49.83Value: 49.833333333
|
ICTs
Rank 4 / Score 94.68 |
ICT access |
Initial Value: 1
|
9.98 |
3.39 |
Worst: Niger 3.39 Best: Singapore 9.98
89.17% |
9.27Value: 9.2662400497
|
ICT use |
Initial Value: 1
|
8.89 |
0.48 |
Worst: Burundi 0.48 Best: Switzerland 8.89
96.06% |
8.56Value: 8.5588498231
|
Government online service |
Initial Value: 1
|
1.00 |
0.10 |
Worst: Mauritania 0.10 Best: Estonia 1.00
98.14% |
0.98Value: 0.9833
|
online e-participation |
Initial Value: 1
|
1.00 |
0.02 |
Worst: Mauritania 0.02 Best: Japan 1.00
95.36% |
0.95Value: 0.9545
|
General Infrastructure
Rank 7 / Score 60.51 |
Electricity output |
Initial Value: 0.5
|
52600.54 |
26.44 |
Worst: Niger 26.44 Best: Iceland 52600.54
24.56% |
12939.37Value: 12939.372068
|
Logistics performance |
Initial Value: 0.5
|
4.30 |
2.10 |
Worst: Angola 2.10 Best: Singapore 4.30
95.45% |
4.2Value: 4.2
|
Gross capital formation |
Initial Value: 1
|
73.06 |
11.85 |
Worst: Egypt 11.85 Best: Mozambique 73.06
20.09% |
24.15Value: 24.148
|
Ecological sustainability
Rank 18 / Score 52.36 |
GDP per unit of energy use |
Initial Value: 1
|
36.34 |
2.16 |
Worst: Trinidad and Tobago 2.16 Best: Ireland 36.34
16.2% |
7.7Value: 7.696
|
Environmental performance |
Initial Value: 1
|
77.90 |
18.90 |
Worst: India 18.90 Best: Denmark 77.90
97.63% |
76.5Value: 76.5
|
ISO 14001 environmental certificates |
Initial Value: 1
|
12.73 |
0.06 |
Worst: Ethiopia 0.06 Best: Bulgaria 12.73
43.28% |
5.54Value: 5.543804815
|
Credit
Rank 6 / Score 68.69 |
Finance for startups and scaleups |
Initial Value: 1
|
6.90 |
2.23 |
Worst: Mozambique 2.23 Best: Finland 6.90
99.95% |
6.9Value: 6.8975
|
Domestic credit to private sector |
Initial Value: 1
|
258.91 |
5.42 |
Worst: Zimbabwe 5.42 Best: Hong Kong SAR 258.91
37.38% |
100.18Value: 100.17937936
|
Loans from microfinance institutions, % GDP |
Initial Value: 1
|
28.71 |
0.00 |
Worst: Iceland 0.00 Best: Cambodia 28.71
0% |
N/AValue: N/A
|
Investment
Rank 14 / Score 42.32 |
Venture capital received, value, % GDP |
Initial Value: 1
|
0.02 |
0.00 |
Worst: Burkina Faso 0.00 Best: Estonia 0.02
23.8% |
0Value: 0.0047605896964
|
Market capitalization |
Initial Value: 1
|
1394.19 |
0.23 |
Worst: Algeria 0.23 Best: Hong Kong SAR 1394.19
|
N/AValue: N/A
|
Venture capital investors, deals |
Initial Value: 1
|
2.20 |
0.00 |
Worst: Kazakhstan 0.00 Best: Mauritius 2.20
14.11% |
0.31Value: 0.31041534225
|
Venture capital recipients, deals |
Initial Value: 1
|
0.90 |
0.00 |
Worst: Algeria 0.00 Best: Singapore 0.90
22% |
0.2Value: 0.19795602937
|
Trade, competition, and market scale
Rank 29 / Score 64.98 |
Applied tariff rate, weighted average |
Initial Value: 0.5
|
15.46 |
0.00 |
Worst: Cameroon 15.46 Best: Hong Kong SAR 0.00
90.43% |
1.48Value: 1.48
|
Domestic industry diversification |
Initial Value: 1
|
0.80 |
0.08 |
Worst: Burundi 0.80 Best: Portugal 0.08
97.63% |
0.1Value: 0.097041429
|
Domestic market scale |
Initial Value: 1
|
30074.38 |
4.82 |
Worst: Cape Verde 4.82 Best: China 30074.38
1.06% |
324.83Value: 324.829
|
Knowledge workers
Rank 11 / Score 66.56 |
Knowledge-intensive employment |
Initial Value: 1
|
64.13 |
2.75 |
Worst: Burundi 2.75 Best: Luxembourg 64.13
72.78% |
47.42Value: 47.420649951
|
Firms offering formal training |
Initial Value: 1
|
73.70 |
7.70 |
Worst: Indonesia 7.70 Best: Ecuador 73.70
64.39% |
50.2Value: 50.2
|
GERD performed by business enterprise |
Initial Value: 1
|
5.06 |
0.00 |
Worst: Panama 0.00 Best: Israel 5.06
40.64% |
2.06Value: 2.0562132373
|
GERD financed by business enterprise |
Initial Value: 1
|
80.84 |
0.00 |
Worst: Brunei Darussalam 0.00 Best: Thailand 80.84
69.22% |
55.96Value: 55.959438603
|
Females employed with advanced degrees |
Initial Value: 0.5
|
30.79 |
0.15 |
Worst: Tanzania 0.15 Best: Lithuania 30.79
85.73% |
26.42Value: 26.418069465
|
Innovation linkage
Rank 5 / Score 74.21 |
University/industry research collaboration |
Initial Value: 0.5
|
5.63 |
2.25 |
Worst: Angola 2.25 Best: Israel 5.63
81.47% |
5Value: 5.0037484395
|
State of cluster development |
Initial Value: 1
|
5.56 |
2.72 |
Worst: Burkina Faso 2.72 Best: United States 5.56
69.23% |
4.69Value: 4.6861351975
|
GERD financed by abroad |
Initial Value: 1
|
2.86 |
0.00 |
Worst: Azerbaijan 0.00 Best: Israel 2.86
14.36% |
0.41Value: 0.41065321503
|
Joint venture/strategic alliance deals |
Initial Value: 1
|
0.34 |
0.00 |
Worst: Iran, Islamic Rep. 0.00 Best: Malta 0.34
44.33% |
0.15Value: 0.15071813004
|
Patent families filed in two offices |
Initial Value: 1
|
12.97 |
0.00 |
Worst: Angola 0.00 Best: Japan 12.97
46.68% |
6.05Value: 6.0544074155
|
Knowledge absorption
Rank 7 / Score 56.59 |
Intellectual property payments |
Initial Value: 1
|
20.42 |
0.00 |
Worst: Armenia 0.00 Best: Ireland 20.42
5% |
1.02Value: 1.021213813
|
High tech imports |
Initial Value: 1
|
59.14 |
1.69 |
Worst: Luxembourg 1.69 Best: Hong Kong SAR 59.14
9.88% |
7.37Value: 7.3675964915
|
ICT services imports |
Initial Value: 0.5
|
13.89 |
0.02 |
Worst: Paraguay 0.02 Best: Cyprus 13.89
34.31% |
4.78Value: 4.7788055861
|
Foreign direct investment net inflows |
Initial Value: 0.5
|
60.98 |
-13.20 |
Worst: Netherlands -13.20 Best: Hungary 60.98
23.6% |
4.31Value: 4.3092638345
|
Research talent in business enterprise |
Initial Value: 1
|
82.94 |
0.30 |
Worst: Mozambique 0.30 Best: Korea, Rep. 82.94
74.7% |
62.03Value: 62.033337925
|
knowledge creation
Rank 7 / Score 61.33 |
Patent applications by origin |
Initial Value: 1
|
73.99 |
0.00 |
Worst: Honduras 0.00 Best: Korea, Rep. 73.99
16.68% |
12.34Value: 12.343891037
|
PCT applications by origin |
Initial Value: 0.5
|
8.24 |
0.00 |
Worst: Angola 0.00 Best: Japan 8.24
66.05% |
5.44Value: 5.4428637837
|
Utility models by origin |
Initial Value: 1
|
104.56 |
0.00 |
Worst: Benin 0.00 Best: China 104.56
0.77% |
0.81Value: 0.80833120024
|
Scientific and technical publications |
Initial Value: 1
|
50.79 |
0.58 |
Worst: Angola 0.58 Best: Iceland 50.79
83.39% |
42.45Value: 42.450027553
|
Citable documents H index |
Initial Value: 1
|
2898.00 |
43.00 |
Worst: Cape Verde 43.00 Best: United States 2898.00
27.04% |
815Value: 815
|
Knowledge Impact
Rank 8 / Score 55.54 |
Labor productivity growth |
Initial Value: 1
|
6.02 |
-4.86 |
Worst: Lebanon -4.86 Best: China 6.02
40.16% |
-0.49Value: -0.49104746163
|
Unicorn valuation |
Initial Value: 1
|
23.84 |
0.00 |
Worst: Albania 0.00 Best: Estonia 23.84
18.44% |
4.39Value: 4.394953211
|
Total computer software spending |
Initial Value: 1
|
1.05 |
0.01 |
Worst: Ethiopia 0.01 Best: United States 1.05
57.51% |
0.61Value: 0.60814818728
|
High-tech manufacturing |
Initial Value: 1
|
78.53 |
1.85 |
Worst: Kyrgyz Republic 1.85 Best: Singapore 78.53
47.24% |
38.08Value: 38.07604743
|
Knowledge diffusion
Rank 1 / Score 68.06 |
IP receipts |
Initial Value: 0.5
|
6.48 |
0.00 |
Worst: Armenia 0.00 Best: Netherlands 6.48
48.81% |
3.16Value: 3.1631402607
|
High Tech exports |
Initial Value: 1
|
44.66 |
0.01 |
Worst: Cape Verde 0.01 Best: Malaysia 44.66
10.59% |
4.74Value: 4.7374557725
|
ICT services export |
Initial Value: 1
|
35.21 |
0.01 |
Worst: Benin 0.01 Best: Ireland 35.21
36.85% |
12.98Value: 12.979938917
|
ISO 9001 quality/bn PPP$ GDP |
Initial Value: 1
|
37.40 |
0.10 |
Worst: Tajikistan 0.10 Best: Bulgaria 37.40
26.12% |
9.84Value: 9.8414323629
|
Production and export complexity |
Initial Value: 0.5
|
2.27 |
-2.51 |
Worst: Angola -2.51 Best: Japan 2.27
81.83% |
1.4Value: 1.401647
|
Intangible Assets
Rank 26 / Score 50.12 |
Intangible asset intensity, top 15, % |
Initial Value: 1
|
93.40 |
-181.36 |
Worst: Montenegro -181.36 Best: United States 93.40
92.58% |
73.01Value: 73.008961058
|
Trademark application class count by origin |
Initial Value: 1
|
445.16 |
1.43 |
Worst: Niger 1.43 Best: Mongolia 445.16
8.32% |
38.36Value: 38.358683498
|
Industrial design by origin |
Initial Value: 0.5
|
32.41 |
0.00 |
Worst: Brunei Darussalam 0.00 Best: Mongolia 32.41
10.97% |
3.56Value: 3.556657281
|
Global brand value, top 5,000 |
Initial Value: 1
|
27.56 |
0.00 |
Worst: Albania 0.00 Best: Hong Kong SAR 27.56
42.67% |
11.76Value: 11.76057734
|
Creative Goods
Rank 30 / Score 30.97 |
Cultural and creative services exports |
Initial Value: 0.5
|
14.25 |
0.00 |
Worst: Benin 0.00 Best: Malta 14.25
3.4% |
0.48Value: 0.48433906873
|
National feature films produced |
Initial Value: 0.5
|
37.91 |
0.05 |
Worst: Pakistan 0.05 Best: Iceland 37.91
20.89% |
7.96Value: 7.9601018468
|
Entertainment and media market |
Initial Value: 0.5
|
3.50 |
0.02 |
Worst: Pakistan 0.02 Best: United States 3.50
56.08% |
1.97Value: 1.9714402753
|
Creative goods exports |
Initial Value: 1
|
12.71 |
0.00 |
Worst: Mauritania 0.00 Best: Hong Kong SAR 12.71
4.56% |
0.58Value: 0.57966230354
|
Online creativity
Rank 14 / Score 58.88 |
Generic TLD |
Initial Value: 1
|
423.69 |
0.05 |
Worst: Uzbekistan 0.05 Best: United States 423.69
20.86% |
88.4Value: 88.402994715
|
Country code TLD |
Initial Value: 1
|
2701.89 |
0.03 |
Worst: Ethiopia 0.03 Best: Montenegro 2701.89
5.31% |
143.55Value: 143.55278957
|
GitHub commits/mn pop. 15–69 |
Initial Value: 1
|
18874723.79 |
2364.30 |
Worst: Niger 2364.30 Best: Hong Kong SAR 18874723.79
24.18% |
4566593.23Value: 4566593.2298
|
Mobile apps creation |
Initial Value: 1
|
77113978.63 |
0.04 |
Worst: Madagascar 0.04 Best: Cyprus 77113978.63
3.23% |
2490738.07Value: 2490738.0667
|