Protecting minority investors (DB15-20 methodology) - Score by country
The score for protecting minority investors benchmarks economies with respect to the regulatory best practice on the indicator set. The score is indicated on a scale from 0 to 100, where 0 represents the worst regulatory performance and 100 the best regulatory performance, and is computed based on the methodology...
What the numbers show
Protecting minority investors (DB15-20 methodology) - Score is currently reported for 188 countries. The highest value is 92 in Kenya; the lowest is 0 in Somalia.
The median across all reporting countries is 56, and the mean is 51.74.
Over the past decade 82 countries rose and 1 fell. The largest increase was in Afghanistan (up 260.0%), and the largest decrease in Qatar (down 36.4%).
Protecting minority investors (DB15-20 methodology) - Score: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Kenya | 92 | 2019 | up 84.0% | rising |
| 2 | Malaysia | 88 | 2019 | up 2.3% | flat |
| 3 | New Zealand | 86 | 2019 | unchanged | flat |
| 3 | Saudi Arabia | 86 | 2019 | up 43.3% | rising |
| 3 | Singapore | 86 | 2019 | unchanged | flat |
| 3 | Thailand | 86 | 2019 | up 10.3% | rising |
| 7 | Canada | 84 | 2019 | unchanged | flat |
| 7 | United Kingdom | 84 | 2019 | unchanged | flat |
| 7 | Georgia | 84 | 2019 | up 23.5% | rising |
| 7 | Hong Kong | 84 | 2019 | up 2.4% | flat |
| 7 | Kazakhstan | 84 | 2019 | up 44.8% | rising |
| 12 | North Macedonia | 82 | 2019 | up 20.6% | rising |
| 13 | United Arab Emirates | 80 | 2019 | up 48.1% | rising |
| 13 | Colombia | 80 | 2019 | unchanged | flat |
| 13 | India | 80 | 2019 | up 14.3% | rising |
| 13 | Ireland | 80 | 2019 | up 2.6% | flat |
| 13 | South Africa | 80 | 2019 | unchanged | flat |
| 18 | Israel | 78 | 2019 | unchanged | flat |
| 18 | Mauritius | 78 | 2019 | up 11.4% | rising |
| 18 | Slovenia | 78 | 2019 | unchanged | flat |
| 21 | Cyprus | 76 | 2019 | up 5.6% | rising |
| 21 | Norway | 76 | 2019 | unchanged | flat |
| 21 | Turkey | 76 | 2019 | unchanged | flat |
| 21 | Taiwan | 76 | 2019 | up 2.7% | flat |
| 25 | Bulgaria | 74 | 2019 | unchanged | flat |
| 25 | South Korea | 74 | 2019 | up 5.7% | flat |
| 25 | Mongolia | 74 | 2019 | up 2.8% | flat |
| 28 | China | 72 | 2019 | up 38.5% | rising |
| 28 | Denmark | 72 | 2019 | unchanged | flat |
| 28 | Spain | 72 | 2019 | up 5.9% | flat |
| 28 | Iceland | 72 | 2019 | unchanged | flat |
| 28 | Sri Lanka | 72 | 2019 | up 5.9% | rising |
| 28 | Nigeria | 72 | 2019 | up 9.1% | rising |
| 28 | Pakistan | 72 | 2019 | up 2.9% | flat |
| 28 | Sweden | 72 | 2019 | unchanged | flat |
| 36 | United States | 71.6 | 2019 | unchanged | flat |
| 37 | Austria | 70 | 2019 | unchanged | flat |
| 37 | Greece | 70 | 2019 | up 9.4% | rising |
| 37 | Croatia | 70 | 2019 | up 6.1% | rising |
| 37 | Indonesia | 70 | 2019 | up 16.7% | rising |
| 37 | Lithuania | 70 | 2019 | up 16.7% | rising |
| 37 | Morocco | 70 | 2019 | up 29.6% | rising |
| 37 | Serbia | 70 | 2019 | up 12.9% | rising |
| 37 | Uzbekistan | 70 | 2019 | up 59.1% | rising |
| 45 | Belgium | 68 | 2019 | unchanged | flat |
| 45 | France | 68 | 2019 | unchanged | flat |
| 45 | Latvia | 68 | 2019 | unchanged | flat |
| 45 | Moldova | 68 | 2019 | unchanged | flat |
| 45 | Peru | 68 | 2019 | up 3.0% | flat |
| 45 | Ukraine | 68 | 2019 | up 30.8% | rising |
| 51 | Bahrain | 66 | 2019 | up 26.9% | rising |
| 51 | Chile | 66 | 2019 | unchanged | flat |
| 51 | Italy | 66 | 2019 | unchanged | flat |
| 51 | Kuwait | 66 | 2019 | up 10.0% | rising |
| 51 | Malta | 66 | 2019 | unchanged | flat |
| 51 | Poland | 66 | 2019 | unchanged | flat |
| 57 | Australia | 64 | 2019 | unchanged | flat |
| 57 | Egypt | 64 | 2019 | up 60.0% | rising |
| 57 | Japan | 64 | 2019 | unchanged | flat |
| 57 | Trinidad and Tobago | 64 | 2019 | unchanged | flat |
| 61 | Argentina | 62 | 2019 | unchanged | flat |
| 61 | Brazil | 62 | 2019 | unchanged | flat |
| 61 | Czechia | 62 | 2019 | unchanged | flat |
| 61 | Germany | 62 | 2019 | unchanged | flat |
| 61 | Finland | 62 | 2019 | unchanged | flat |
| 61 | Jamaica | 62 | 2019 | unchanged | flat |
| 61 | Mexico | 62 | 2019 | unchanged | flat |
| 61 | Montenegro | 62 | 2019 | unchanged | flat |
| 61 | Portugal | 62 | 2019 | unchanged | flat |
| 61 | Romania | 62 | 2019 | unchanged | flat |
| 61 | Tunisia | 62 | 2019 | up 10.7% | rising |
| 72 | Bangladesh | 60 | 2019 | unchanged | flat |
| 72 | Botswana | 60 | 2019 | unchanged | flat |
| 72 | Ghana | 60 | 2019 | unchanged | flat |
| 72 | Philippines | 60 | 2019 | up 50.0% | rising |
| 72 | Papua New Guinea | 60 | 2019 | up 3.4% | flat |
| 72 | Russia | 60 | 2019 | up 7.1% | rising |
| 72 | Zambia | 60 | 2019 | up 7.1% | flat |
| 79 | Antigua and Barbuda | 58 | 2019 | unchanged | flat |
| 79 | Belarus | 58 | 2019 | up 7.4% | rising |
| 79 | Dominica | 58 | 2019 | unchanged | flat |
| 79 | Estonia | 58 | 2019 | unchanged | flat |
| 79 | Saint Lucia | 58 | 2019 | unchanged | flat |
| 79 | Malawi | 58 | 2019 | up 11.5% | rising |
| 79 | Netherlands | 58 | 2019 | unchanged | flat |
| 79 | Nepal | 58 | 2019 | unchanged | flat |
| 79 | Saint Vincent and the Grenadines | 58 | 2019 | unchanged | flat |
| 88 | Bahamas | 56 | 2019 | up 21.7% | rising |
| 88 | Bosnia and Herzegovina | 56 | 2019 | unchanged | flat |
| 88 | Guyana | 56 | 2019 | unchanged | flat |
| 88 | Namibia | 56 | 2019 | unchanged | flat |
| 88 | Oman | 56 | 2019 | up 7.7% | flat |
| 88 | Panama | 56 | 2019 | unchanged | flat |
| 88 | Puerto Rico | 56 | 2019 | unchanged | flat |
| 88 | Slovakia | 56 | 2019 | unchanged | flat |
| 88 | Uganda | 56 | 2019 | unchanged | flat |
| 97 | Fiji | 54 | 2019 | up 8.0% | rising |
| 97 | Hungary | 54 | 2019 | up 3.8% | flat |
| 97 | Luxembourg | 54 | 2019 | up 8.0% | rising |
| 97 | Syria | 54 | 2019 | unchanged | flat |
| 97 | Vietnam | 54 | 2019 | up 17.4% | rising |
| 97 | Zimbabwe | 54 | 2019 | up 3.8% | flat |
| 103 | Saint Kitts and Nevis | 52 | 2019 | unchanged | flat |
| 104 | Azerbaijan | 50 | 2019 | up 25.0% | rising |
| 104 | Switzerland | 50 | 2019 | up 25.0% | rising |
| 104 | Grenada | 50 | 2019 | unchanged | flat |
| 104 | Jordan | 50 | 2019 | up 19.0% | rising |
| 104 | Tanzania | 50 | 2019 | unchanged | flat |
| 109 | Costa Rica | 48 | 2019 | up 41.2% | rising |
| 110 | Albania | 46 | 2019 | up 9.5% | rising |
| 110 | Bhutan | 46 | 2019 | up 4.5% | rising |
| 110 | Iraq | 46 | 2019 | unchanged | flat |
| 113 | Ecuador | 44 | 2019 | up 10.0% | rising |
| 113 | Guinea-Bissau | 44 | 2019 | up 10.0% | rising |
| 113 | Lebanon | 44 | 2019 | unchanged | flat |
| 113 | Palestine | 44 | 2019 | unchanged | flat |
| 113 | Rwanda | 44 | 2019 | up 15.8% | rising |
| 113 | Senegal | 44 | 2019 | up 22.2% | rising |
| 119 | Armenia | 42 | 2019 | up 10.5% | rising |
| 119 | Benin | 42 | 2019 | up 10.5% | rising |
| 119 | Burkina Faso | 42 | 2019 | up 10.5% | rising |
| 119 | Cote d'Ivoire | 42 | 2019 | up 10.5% | rising |
| 119 | Honduras | 42 | 2019 | up 50.0% | rising |
| 119 | Mali | 42 | 2019 | up 10.5% | rising |
| 119 | Niger | 42 | 2019 | up 16.7% | rising |
| 119 | Togo | 42 | 2019 | up 10.5% | rising |
| 127 | Brunei | 40 | 2019 | up 17.6% | rising |
| 127 | Iran | 40 | 2019 | unchanged | flat |
| 127 | Kyrgyzstan | 40 | 2019 | unchanged | flat |
| 127 | Cambodia | 40 | 2019 | unchanged | flat |
| 127 | Sierra Leone | 40 | 2019 | unchanged | flat |
| 127 | Tajikistan | 40 | 2019 | unchanged | flat |
| 127 | Samoa | 40 | 2019 | unchanged | flat |
| 134 | Bolivia | 38 | 2019 | unchanged | flat |
| 134 | Barbados | 38 | 2019 | unchanged | flat |
| 134 | Kiribati | 38 | 2019 | unchanged | flat |
| 134 | Solomon Islands | 38 | 2019 | unchanged | flat |
| 138 | Afghanistan | 36 | 2019 | up 260.0% | volatile |
| 138 | Madagascar | 36 | 2019 | up 5.9% | rising |
| 138 | El Salvador | 36 | 2019 | unchanged | flat |
| 141 | Burundi | 34 | 2019 | unchanged | flat |
| 141 | Dominican Republic | 34 | 2019 | unchanged | flat |
| 141 | Paraguay | 34 | 2019 | unchanged | flat |
| 141 | Seychelles | 34 | 2019 | unchanged | flat |
| 145 | Angola | 32 | 2019 | unchanged | flat |
| 145 | Lesotho | 32 | 2019 | unchanged | flat |
| 145 | Maldives | 32 | 2019 | unchanged | flat |
| 145 | Mozambique | 32 | 2019 | unchanged | flat |
| 145 | Mauritania | 32 | 2019 | up 33.3% | rising |
| 145 | Vanuatu | 32 | 2019 | unchanged | flat |
| 151 | Guatemala | 30 | 2019 | unchanged | flat |
| 151 | Sudan | 30 | 2019 | up 7.1% | flat |
| 151 | Tonga | 30 | 2019 | unchanged | flat |
| 151 | Uruguay | 30 | 2019 | unchanged | flat |
| 155 | Belize | 28 | 2019 | unchanged | flat |
| 155 | Cameroon | 28 | 2019 | up 16.7% | rising |
| 155 | Qatar | 28 | 2019 | down 36.4% | falling |
| 155 | Suriname | 28 | 2019 | unchanged | flat |
| 155 | East Timor | 28 | 2019 | unchanged | flat |
| 160 | Central African Republic | 26 | 2019 | up 18.2% | rising |
| 160 | Congo | 26 | 2019 | up 18.2% | rising |
| 160 | Comoros | 26 | 2019 | up 18.2% | rising |
| 160 | Guinea | 26 | 2019 | up 18.2% | rising |
| 160 | Equatorial Guinea | 26 | 2019 | up 18.2% | rising |
| 160 | San Marino | 26 | 2019 | unchanged | flat |
| 160 | Eswatini | 26 | 2019 | unchanged | flat |
| 160 | Yemen | 26 | 2019 | unchanged | flat |
| 168 | Cape Verde | 24 | 2019 | unchanged | flat |
| 168 | Gabon | 24 | 2019 | up 20.0% | rising |
| 168 | Gambia | 24 | 2019 | up 50.0% | rising |
| 168 | Nicaragua | 24 | 2019 | unchanged | flat |
| 168 | Chad | 24 | 2019 | up 20.0% | rising |
| 168 | Venezuela | 24 | 2019 | unchanged | flat |
| 174 | Democratic Republic of Congo | 22 | 2019 | up 22.2% | rising |
| 174 | Liberia | 22 | 2019 | unchanged | flat |
| 174 | Myanmar | 22 | 2019 | up 83.3% | rising |
| 177 | Algeria | 20 | 2019 | unchanged | flat |
| 177 | Laos | 20 | 2019 | up 66.7% | rising |
| 177 | Marshall Islands | 20 | 2019 | unchanged | flat |
| 177 | Sao Tome and Principe | 20 | 2019 | unchanged | flat |
| 181 | Haiti | 18 | 2019 | unchanged | flat |
| 181 | Libya | 18 | 2019 | unchanged | flat |
| 183 | Eritrea | 16 | 2019 | unchanged | flat |
| 183 | Micronesia (country) | 16 | 2019 | unchanged | flat |
| 183 | South Sudan | 16 | 2019 | unchanged | flat |
| 186 | Palau | 14 | 2019 | unchanged | flat |
| 187 | Ethiopia | 10 | 2019 | unchanged | flat |
| 188 | Somalia | 0 | 2019 | — | flat |
Regions and income groups
Aggregates are excluded from the country ranking above so that a region can never outrank a country.
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About this data
The score for protecting minority investors benchmarks economies with respect to the regulatory best practice on the indicator set. The score is indicated on a scale from 0 to 100, where 0 represents the worst regulatory performance and 100 the best regulatory performance, and is computed based on the methodology in the DB15-20 studies.