Affärslivet composite index · 4 dimensions · World Bank data
Affärslivet Startup Economy Index 2026
The Affärslivet Startup Economy Index 2026 ranks 49 economies on startup conditions across 4 equal-weighted dimensions. United States leads (74.1/100); Sweden ranks 10th. Transparent method, downloadable data, CC BY 4.0.
TL;DR — United States leads the Affärslivet Startup Economy Index 2026 with 74.1/100.
World Bank Open Data · World Bank · World Bank · World Bank | 49 entities | 931 words · 15 sections | data: CSV + JSON
Executive summary
The Affärslivet Startup Economy Index 2026 ranks 49 economies on startup conditions by combining 4 equal-weighted dimensions, each normalised to a 0–100 scale. It combines new-business density, inbound foreign investment, private-sector credit and stock-market depth. It rewards places where starting, funding and scaling a company are all realistic — not just one of the three. United States leads with 74.1/100; Sweden ranks 10th of 49 with 51.3/100. This is Affärslivet's own composite — fully transparent: every input is an official World Bank series with a source URL, and the method below is reproducible. The complete ranking with per-dimension scores is downloadable as CSV and JSON under a CC BY 4.0 licence.
Key findings
United States leads on startup conditions
United States tops the Affärslivet Startup Economy Index 2026 with a composite score of 74.1/100. Top five: United States, Singapore, China, South Africa, Australia.
Source: Affärslivet Research · 2026 · confidence: Medium-High
Where Sweden ranks
Sweden ranks 10th of 49 (51.3/100). Strongest dimension: access to capital (60.4/100); weakest: new businesses (36.3/100).
Source: Affärslivet Research · 2026 · confidence: Medium-High
The dimensions
The index combines new businesses, foreign investment, access to capital, capital markets — each an official World Bank series, equal-weighted.
Source: Affärslivet Research · 2026 · confidence: High
Data vintage — August 2026
Each dimension uses the most recent World Bank year available per economy. Scores are relative (normalised across the ranked set) and update as peer data changes; the index regenerates automatically.
The index — top economies
The chart shows the 15 highest-scoring economies (Sweden highlighted); scores are the equal-weighted mean of 4 dimensions, each normalised 0–100 across the 49 ranked economies.
Sweden, dimension by dimension
Sweden ranks 10th of 49 overall (51.3/100). Its normalised score and world rank on each dimension are below — a map of where the Swedish startup conditions is genuinely strong and where it lags.
Sweden's profile is relatively balanced (a 24-point spread between its best and weakest dimension), scoring highest on access to capital and lowest on new businesses.
| Dimension | Score /100 | Rank |
|---|---|---|
| New businesses (density per 1,000 adults) | 36.3 | 12th of 48 |
| Foreign investment (FDI inflows, % of GDP) | 57.1 | 13th of 49 |
| Access to capital (private credit, % of GDP) | 60.4 | 11th of 48 |
Who leads each dimension
No single economy tops every dimension — the overall winner (United States) leads by being strong across the board (a 46-point spread across its dimensions). This table shows the world leader on each individual dimension of the index.
| Dimension | World leader | Score /100 |
|---|---|---|
| New businesses (density per 1,000 adults) | United Kingdom | 100.0 |
| Foreign investment (FDI inflows, % of GDP) | Singapore | 100.0 |
| Access to capital (private credit, % of GDP) | United States | 100.0 |
| Capital markets (market cap, % of GDP) | South Africa | 100.0 |
Regional patterns
Median composite score by world region reveals where startup conditions concentrates. Asia-Pacific leads on the median measure. Regional medians tell a story the country ranking alone can hide — whether strength is broad across a region or driven by one or two standouts.
| Region | Economies | Median score | Regional leader |
|---|---|---|---|
| Asia-Pacific | 12 | 44.5 | Singapore (65.8) |
| Americas | 7 | 34.3 | United States (74.1) |
| Middle East & Africa | 7 | 31.2 | South Africa (63.0) |
| Europe | 23 | 29.9 | United Kingdom (59.5) |
What the index reveals
What the data says: United States leads with 74.1/100, 2.0× the median score of 36.8. The spread across the 49 ranked economies shows startup conditions is concentrated among a clear top tier, and — because the index equal-weights several dimensions — the leaders got there by being strong across the board, not on one metric alone.
For Sweden, the index indicates a strong performer on startup conditions: 10th of 49 (51.3/100), strongest on access to capital and with most room to improve on new businesses.
Top 5 vs bottom 5
The five highest- and five lowest-scoring economies on the Affärslivet Startup Economy Index 2026 side by side — the clearest snapshot of the range across the 49 ranked economies.
| Top 5 | Score /100 | Bottom 5 | Score /100 |
|---|---|---|---|
| 1. United States | 74.1 | 45. Egypt | 18.2 |
| 2. Singapore | 65.8 | 46. Ukraine | 17.0 |
| 3. China | 63.4 | 47. Nigeria | 16.9 |
| 4. South Africa | 63.0 | 48. Argentina | 15.1 |
| 5. Australia | 62.1 | 49. Hungary | 9.5 |
How the index is built
The Affärslivet Startup Economy Index ranks economies on how fertile they are for new companies — the rate at which firms are actually founded, the capital available to fund them and the depth of markets that let founders exit.
Each dimension is min-max normalised across all economies with data (lowest = 0, highest = 100); dimensions where lower is better (e.g. unemployment, debt, inequality) are inverted so a higher score always means better. The composite is the equal-weighted mean of the dimensions an economy reports; a minimum of 3 is required to be ranked. Equal weighting is a deliberate, transparent choice.
| Dimension | Direction | World Bank series |
|---|---|---|
| New businesses (density per 1,000 adults) | higher = better | IC.BUS.NDNS.ZS |
| Foreign investment (FDI inflows, % of GDP) | higher = better | BX.KLT.DINV.WD.GD.ZS |
| Access to capital (private credit, % of GDP) | higher = better | FS.AST.PRVT.GD.ZS |
| Capital markets (market cap, % of GDP) | higher = better | CM.MKT.LCAP.GD.ZS |
Full ranking — 49 economies
Complete ranking with composite score and each economy's normalised (0–100) score per dimension.
| # | Country | Index | New firms | FDI | Credit | Markets |
|---|---|---|---|---|---|---|
| 1 | United States | 74.1 | — | 54.2 | 100.0 | 68.1 |
| 2 | Singapore | 65.8 | 60.0 | 100.0 | 62.0 | 41.1 |
| 3 | China | 63.4 | 81.1 | 52.6 | 96.4 | 23.5 |
| 4 | South Africa | 63.0 | 59.3 | 50.9 | 41.7 | 100.0 |
| 5 | Australia | 62.1 | 94.1 | 55.6 | 64.8 | 34.1 |
| 6 | United Kingdom | 59.5 | 100.0 | 55.4 | 53.6 | 29.0 |
| 7 | Switzerland | 55.3 | 15.5 | 49.7 | 82.5 | 73.4 |
| 8 | Denmark | 55.0 | 35.1 | 59.7 | 70.2 | — |
| 9 | New Zealand | 54.7 | 83.5 | 54.4 | 69.8 | 11.0 |
| 10 | Sweden | 51.3 | 36.3 | 57.1 | 60.4 | — |
| 11 | Japan | 50.1 | 2.1 | 53.7 | 92.8 | 51.9 |
| 12 | Iceland | 49.6 | 56.2 | 50.9 | 41.6 | — |
| 13 | Chile | 48.9 | 46.9 | 59.3 | 48.3 | 41.0 |
| 14 | South Korea | 48.5 | 17.6 | 53.4 | 78.7 | 44.4 |
| 15 | Canada | 48.0 | 26.2 | 57.3 | — | 60.5 |
| 16 | Norway | 43.1 | 42.8 | 49.2 | 59.9 | 20.5 |
| 17 | France | 41.8 | 34.9 | 55.8 | 51.1 | 25.2 |
| 18 | Finland | 41.7 | 30.5 | 51.7 | 43.0 | — |
| 19 | United Arab Emirates | 41.5 | 12.1 | 67.0 | 29.2 | 57.9 |
| 20 | Thailand | 40.5 | 8.3 | 57.8 | 69.6 | 26.4 |
| 21 | Saudi Arabia | 40.4 | 27.8 | 56.5 | 21.2 | 56.0 |
| 22 | Portugal | 39.7 | 56.9 | 59.7 | 35.2 | 6.9 |
| 23 | Malaysia | 39.4 | 11.6 | 58.6 | 56.5 | 30.8 |
| 24 | India | 38.3 | 0.0 | 53.7 | 18.0 | 81.4 |
| 25 | Viet Nam | 36.8 | 9.6 | 59.6 | 60.2 | 17.9 |
| 26 | Netherlands | 35.8 | 17.0 | 49.3 | 38.0 | 39.0 |
| 27 | Brazil | 34.3 | 34.1 | 58.1 | 34.2 | 10.8 |
| 28 | Spain | 31.6 | 18.4 | 54.5 | 33.7 | 20.0 |
| 29 | Israel | 31.2 | 14.4 | 59.7 | 32.8 | 17.8 |
| 30 | Belgium | 29.9 | 27.0 | 44.6 | 30.6 | 17.2 |
| 31 | Germany | 28.5 | 6.7 | 55.3 | 35.3 | 16.7 |
| 32 | Romania | 26.2 | 38.4 | 55.9 | 6.5 | 4.1 |
| 33 | Ireland | 25.6 | 34.0 | 53.3 | 7.4 | 7.6 |
| 34 | Czechia | 25.5 | 21.7 | 56.8 | 20.1 | 3.3 |
| 35 | Greece | 25.5 | 12.0 | 56.7 | 20.3 | 13.1 |
| 36 | Italy | 25.2 | 15.3 | 51.9 | 26.5 | 7.3 |
| 37 | Austria | 25.1 | 4.3 | 48.2 | 37.7 | 10.2 |
| 38 | Russia | 24.2 | 11.1 | 53.5 | 23.5 | 8.8 |
| 39 | Philippines | 23.1 | 1.7 | 54.8 | 22.2 | 13.7 |
| 40 | Indonesia | 22.9 | 4.0 | 54.7 | 13.9 | 19.2 |
| 41 | Colombia | 22.8 | 10.8 | 56.5 | 15.8 | 7.9 |
| 42 | Turkiye | 22.1 | 9.5 | 53.4 | 18.9 | 6.8 |
| 43 | Poland | 22.0 | 11.6 | 55.4 | 12.5 | 8.4 |
| 44 | Mexico | 20.6 | 4.1 | 56.2 | 13.5 | 8.4 |
| 45 | Egypt | 18.2 | 0.5 | 59.6 | 8.5 | 4.3 |
| 46 | Ukraine | 17.0 | 7.7 | 55.7 | 4.5 | 0.0 |
| 47 | Nigeria | 16.9 | 4.9 | 54.4 | 0.0 | 8.2 |
| 48 | Argentina | 15.1 | 1.8 | 52.7 | 4.2 | 1.5 |
| 49 | Hungary | 9.5 | 19.2 | 0.0 | 11.9 | 6.8 |
Limitations & what the index can't tell you
This is a composite, and composites make choices. Scores are relative to the 49 ranked economies, so they shift as the field changes, not only as a country improves. Each dimension uses the most recent World Bank year available, and reporting lags differ across countries. Equal weighting is deliberate but not neutral — a differently weighted index would reorder the middle of the table (the top and bottom are robust).
The index measures the dimensions of startup conditions that official data captures; it is not a verdict on quality of life, policy or outcomes beyond them. We publish the full method and data precisely so others can reweight, extend or challenge it — reproducibility is the point.
Scoreboard (machine-readable data)
Every headline indicator with its value, period, source and confidence. Free to reuse under CC BY 4.0.
Methodology & verification
The Affärslivet Startup Economy Index 2026 equal-weights 4 World Bank dimensions, each min-max normalised to 0–100 (dimensions where lower is better are inverted). The composite is the mean of the dimensions an economy reports; at least 3 are required. Scores are relative to the ranked set and shift as peer data updates. Every input is an official World Bank series (compiled from the IMF, WHO, UNESCO and national sources) with a source URL; nothing is estimated. This is Affärslivet's own composite — transparent and reproducible, not an official World Bank, IMF or UN index. Confidence: Medium-High.
Data dictionary
| Field | Type | Description |
|---|---|---|
| metric | string | startup_economy_index |
| label | string | Country name |
| value | number | Composite score, 0–100 |
| unit | string | /100 |
| geography | string | Country |
Frequently asked questions
What is the Affärslivet Startup Economy Index 2026?
A composite ranking of 49 economies on startup conditions, combining 4 World Bank dimensions (New firms, FDI, Credit, Markets), each normalised 0–100 and equal-weighted. It is Affärslivet's own, transparent index.
Which country ranks first?
United States leads with 74.1/100. Top five: United States, Singapore, China, South Africa, Australia.
Where does Sweden rank?
Sweden ranks 10th of 49 with 51.3/100, strongest on access to capital.
How is it calculated?
Each of 4 World Bank indicators is min-max normalised 0–100 (lower-is-better dimensions inverted), then equal-weighted into a mean. Minimum 3 dimensions required. Fully documented and reproducible.
Is this an official index?
No — it is Affärslivet's own composite, built transparently from official World Bank data. It is not a World Bank, IMF, UN or WEF index.
Can I download the data?
Yes — the full ranking with per-dimension scores is available as CSV and JSON under CC BY 4.0, free to reuse with attribution to Affärslivet.
Which countries rank in the top 5 of the Startup Economy Index?
The top five are United States, Singapore, China, South Africa and Australia, based on the Startup Economy Index (Affärslivet, 2026-08-01).
Where does Sweden rank in the Startup Economy Index?
Sweden ranks #10 of 49 (51.3) in the Startup Economy Index, as of 2026-08-01. Source: Affärslivet.
How many countries are ranked in the Startup Economy Index?
49 economies are included in the Startup Economy Index (2026-08-01). Full data is free to download as CSV or JSON under CC BY 4.0.
Glossary
- Composite index
- A single score combining several indicators, here the equal-weighted mean of 4 normalised dimensions. ↗
- Min-max normalisation
- Rescaling so the lowest value becomes 0 and the highest 100, making different indicators comparable; 'lower is better' dimensions are inverted. ↗
- New businesses
- Dimension of the index — World Bank series IC.BUS.NDNS.ZS (higher is better). ↗
- Foreign investment
- Dimension of the index — World Bank series BX.KLT.DINV.WD.GD.ZS (higher is better). ↗
- Access to capital
- Dimension of the index — World Bank series FS.AST.PRVT.GD.ZS (higher is better). ↗
- Capital markets
- Dimension of the index — World Bank series CM.MKT.LCAP.GD.ZS (higher is better). ↗
Embed & cite this report
Free to reuse under CC BY 4.0. Embed the live-updating widget on your site, or cite the report directly — always with attribution to Affärslivet.
Embed (HTML) — auto-updating
<iframe src="https://xn--affrslivet-s5a.com/en/embed/startup-economy-index" width="100%" height="520" style="border:1px solid #e3e3e6" title="Affärslivet Startup Economy Index 2026 — Affärslivet" loading="lazy"></iframe> <p style="font:12px sans-serif">Source: <a href="https://xn--affrslivet-s5a.com/en/reports/startup-economy-index">Affärslivet</a></p>
APA
Affärslivet Research. (2026). Affärslivet Startup Economy Index 2026. Affärslivet. Version 1.0. https://xn--affrslivet-s5a.com/en/reports/startup-economy-index
MLA
Affärslivet Research. "Affärslivet Startup Economy Index 2026." Affärslivet, 2026-07-01, https://xn--affrslivet-s5a.com/en/reports/startup-economy-index.
BibTeX
@techreport{affarslivet_startup_economy_index,
title = {Affärslivet Startup Economy Index 2026},
author = {{Affärslivet Research}},
year = {2026},
note = {Version 1.0},
url = {https://xn--affrslivet-s5a.com/en/reports/startup-economy-index}
} License CC BY 4.0 — free to cite, embed and republish with attribution to Affärslivet. Data also as CSV / JSON.