The indicator harnesses 12 internationally-respected indices that individually and collectively shape investor confidence.
- Ease of Doing Business (World Bank)
- Global Competitiveness (World Economic Forum)
- Economic Freedom (Heritage Foundation)
- Corruption Perception Index (Transparency International)
- Ibrahim Index of African Governance (Mo Ibrahim Foundation)
- Fragile States Index (Fund for Peace)
- Democracy Index (Economist Intelligence Unit)
- Freedom in the World (Freedom House)
- Global Peace Index (Vision of Humanity)
- Human Development (United Nations)
- Press Freedom (Reporters Without Borders)
- ICT Development Index (United Nations)
Each country’s raw score from the above 12 indices was converted to a 100-point scale (from worst to best) to weight them equally. In some cases, a country was not assigned a ranking for a particular index (listed as N/A). In those cases, that particular index was not calculated into its aggregate score.
The aggregate score provides a telling snapshot of national performance on key enablers of stability, prosperity, and investor confidence. Dark green reflects those countries that place in the top quartile of overall performers in Africa; light green those in the second quartile; yellow those in the third quartile; and red those in the fourth quartile.
The overview statistics provided for each country are from the following sources:
- CIA Factbook: Form of Government; Population
- World Bank: GDP; GDP Growth; GDP Per Capita
- Heritage Foundation: Unemployment Rate; FDI Inflows