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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;DRUnited 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

74.1/100Top (United States)composite score
10thSweden's rankof 49 economies
51.3/100Sweden's scorecomposite
4Dimensionsequal-weighted
49Economies ranked≥3 dimensions
CC BY 4.0Licencefree to reuse

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

0174.1/100of 49 economies

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

0210thscore 51.3/100

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

034 measuresNew firms, FDI, Credit, Markets

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.

DimensionScore /100Rank
New businesses (density per 1,000 adults)36.312th of 48
Foreign investment (FDI inflows, % of GDP)57.113th of 49
Access to capital (private credit, % of GDP)60.411th 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.

DimensionWorld leaderScore /100
New businesses (density per 1,000 adults)United Kingdom100.0
Foreign investment (FDI inflows, % of GDP)Singapore100.0
Access to capital (private credit, % of GDP)United States100.0
Capital markets (market cap, % of GDP)South Africa100.0

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.

RegionEconomiesMedian scoreRegional leader
Asia-Pacific1244.5Singapore (65.8)
Americas734.3United States (74.1)
Middle East & Africa731.2South Africa (63.0)
Europe2329.9United 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 5Score /100Bottom 5Score /100
1. United States74.145. Egypt18.2
2. Singapore65.846. Ukraine17.0
3. China63.447. Nigeria16.9
4. South Africa63.048. Argentina15.1
5. Australia62.149. Hungary9.5

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.

DimensionDirectionWorld Bank series
New businesses (density per 1,000 adults)higher = betterIC.BUS.NDNS.ZS
Foreign investment (FDI inflows, % of GDP)higher = betterBX.KLT.DINV.WD.GD.ZS
Access to capital (private credit, % of GDP)higher = betterFS.AST.PRVT.GD.ZS
Capital markets (market cap, % of GDP)higher = betterCM.MKT.LCAP.GD.ZS

Full ranking — 49 economies

Complete ranking with composite score and each economy's normalised (0–100) score per dimension.

#CountryIndexNew firmsFDICreditMarkets
1United States74.154.2100.068.1
2Singapore65.860.0100.062.041.1
3China63.481.152.696.423.5
4South Africa63.059.350.941.7100.0
5Australia62.194.155.664.834.1
6United Kingdom59.5100.055.453.629.0
7Switzerland55.315.549.782.573.4
8Denmark55.035.159.770.2
9New Zealand54.783.554.469.811.0
10Sweden51.336.357.160.4
11Japan50.12.153.792.851.9
12Iceland49.656.250.941.6
13Chile48.946.959.348.341.0
14South Korea48.517.653.478.744.4
15Canada48.026.257.360.5
16Norway43.142.849.259.920.5
17France41.834.955.851.125.2
18Finland41.730.551.743.0
19United Arab Emirates41.512.167.029.257.9
20Thailand40.58.357.869.626.4
21Saudi Arabia40.427.856.521.256.0
22Portugal39.756.959.735.26.9
23Malaysia39.411.658.656.530.8
24India38.30.053.718.081.4
25Viet Nam36.89.659.660.217.9
26Netherlands35.817.049.338.039.0
27Brazil34.334.158.134.210.8
28Spain31.618.454.533.720.0
29Israel31.214.459.732.817.8
30Belgium29.927.044.630.617.2
31Germany28.56.755.335.316.7
32Romania26.238.455.96.54.1
33Ireland25.634.053.37.47.6
34Czechia25.521.756.820.13.3
35Greece25.512.056.720.313.1
36Italy25.215.351.926.57.3
37Austria25.14.348.237.710.2
38Russia24.211.153.523.58.8
39Philippines23.11.754.822.213.7
40Indonesia22.94.054.713.919.2
41Colombia22.810.856.515.87.9
42Turkiye22.19.553.418.96.8
43Poland22.011.655.412.58.4
44Mexico20.64.156.213.58.4
45Egypt18.20.559.68.54.3
46Ukraine17.07.755.74.50.0
47Nigeria16.94.954.40.08.2
48Argentina15.11.852.74.21.5
49Hungary9.519.20.011.96.8

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.

↓ CSV · ↓ JSON

IndicatorValuePeriodSourceConf.
United States74.1 /1002026Affärslivet Research (World Bank)Medium-High
Singapore65.8 /1002026Affärslivet Research (World Bank)Medium-High
China63.4 /1002026Affärslivet Research (World Bank)Medium-High
South Africa63 /1002026Affärslivet Research (World Bank)Medium-High
Australia62.1 /1002026Affärslivet Research (World Bank)Medium-High
United Kingdom59.5 /1002026Affärslivet Research (World Bank)Medium-High
Switzerland55.3 /1002026Affärslivet Research (World Bank)Medium-High
Denmark55 /1002026Affärslivet Research (World Bank)Medium-High
New Zealand54.7 /1002026Affärslivet Research (World Bank)Medium-High
Sweden51.3 /1002026Affärslivet Research (World Bank)Medium-High
Japan50.1 /1002026Affärslivet Research (World Bank)Medium-High
Iceland49.6 /1002026Affärslivet Research (World Bank)Medium-High
Chile48.9 /1002026Affärslivet Research (World Bank)Medium-High
South Korea48.5 /1002026Affärslivet Research (World Bank)Medium-High
Canada48 /1002026Affärslivet Research (World Bank)Medium-High
Norway43.1 /1002026Affärslivet Research (World Bank)Medium-High
France41.8 /1002026Affärslivet Research (World Bank)Medium-High
Finland41.7 /1002026Affärslivet Research (World Bank)Medium-High
United Arab Emirates41.5 /1002026Affärslivet Research (World Bank)Medium-High
Thailand40.5 /1002026Affärslivet Research (World Bank)Medium-High
Saudi Arabia40.4 /1002026Affärslivet Research (World Bank)Medium-High
Portugal39.7 /1002026Affärslivet Research (World Bank)Medium-High
Malaysia39.4 /1002026Affärslivet Research (World Bank)Medium-High
India38.3 /1002026Affärslivet Research (World Bank)Medium-High
Viet Nam36.8 /1002026Affärslivet Research (World Bank)Medium-High
Netherlands35.8 /1002026Affärslivet Research (World Bank)Medium-High
Brazil34.3 /1002026Affärslivet Research (World Bank)Medium-High
Spain31.6 /1002026Affärslivet Research (World Bank)Medium-High
Israel31.2 /1002026Affärslivet Research (World Bank)Medium-High
Belgium29.9 /1002026Affärslivet Research (World Bank)Medium-High
Germany28.5 /1002026Affärslivet Research (World Bank)Medium-High
Romania26.2 /1002026Affärslivet Research (World Bank)Medium-High
Ireland25.6 /1002026Affärslivet Research (World Bank)Medium-High
Czechia25.5 /1002026Affärslivet Research (World Bank)Medium-High
Greece25.5 /1002026Affärslivet Research (World Bank)Medium-High
Italy25.2 /1002026Affärslivet Research (World Bank)Medium-High
Austria25.1 /1002026Affärslivet Research (World Bank)Medium-High
Russia24.2 /1002026Affärslivet Research (World Bank)Medium-High
Philippines23.1 /1002026Affärslivet Research (World Bank)Medium-High
Indonesia22.9 /1002026Affärslivet Research (World Bank)Medium-High
Colombia22.8 /1002026Affärslivet Research (World Bank)Medium-High
Turkiye22.1 /1002026Affärslivet Research (World Bank)Medium-High
Poland22 /1002026Affärslivet Research (World Bank)Medium-High
Mexico20.6 /1002026Affärslivet Research (World Bank)Medium-High
Egypt18.2 /1002026Affärslivet Research (World Bank)Medium-High
Ukraine17 /1002026Affärslivet Research (World Bank)Medium-High
Nigeria16.9 /1002026Affärslivet Research (World Bank)Medium-High
Argentina15.1 /1002026Affärslivet Research (World Bank)Medium-High
Hungary9.5 /1002026Affärslivet Research (World Bank)Medium-High

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

FieldTypeDescription
metricstringstartup_economy_index
labelstringCountry name
valuenumberComposite score, 0–100
unitstring/100
geographystringCountry

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).

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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.

Sources