Governance Capital Index

The Global Governance Index

Institutional Quality & Effective Governance

Governance is a fundamental pillar of sustainable competitiveness. Good governance provides the framework for economic development, social stability, and environmental protection. It encompasses the quality of institutions, regulatory effectiveness, rule of law, transparency, and the capacity of governments to formulate and implement sound policies. Strong governance creates an enabling environment for businesses, attracts investment, and ensures that economic growth benefits society as a whole while protecting natural resources for future generations.

Institutions

Regulation

Corruption

Stability

Why Governance Capital Matters

Strong institutions and effective governance drive sustainable development and prosperity

For Investors

  • Reduced political and regulatory risk in investment portfolios
  • Better protection of property rights and intellectual property
  • More predictable and transparent regulatory environment
  • Lower corruption reduces hidden costs and uncertainties
  • Strong infrastructure supports operational efficiency

For Businesses

  • Simplified business registration and licensing processes
  • Fair and consistent application of regulations
  • Access to quality transport, energy, and digital infrastructure
  • Reduced compliance costs in transparent regulatory systems
  • Stable financial systems supporting business operations

Bottom Line: Countries with high governance scores consistently demonstrate higher levels of sustainable competitiveness, economic stability, and quality of life.

Governance Indicators

Key clusters to measure institutional quality and governance effectiveness

Infrastructure

Evaluation of the availability and quality of public infrastructure based on performance indicators

Fiscal sustainability

Evaluation of the balance and stability of government expenditure

Rule of Law & Corruption

Evaluation of government agencies efficiency and corruption levels

Democratic participation

Evaluation of the extend and quality of political decision making

Security

Evaluation of the availability, level, impartiality, and fairness of internal domestic security

Sustainable policies

Evaluation of stability and quality of government policies against holistic ESG aspects based on performance indicators

The State of the World

A global snapshot of governance performance and trends

Global Scores

Global Trends

Key Observations

1

Western European still profit from historical rule-of-law applications: Norway (#1), Netherlands (#2), Denmark (#3), Luxembourg (#4), and Estonia (#5) occupy the top five positions

2

There is a strong correlation between governance and prosperity: Countries with high governance scores consistently demonstrate higher levels of income levels

3

Top-ranked countries invest heavily in public infrastructure, including transport, renewable energy, digital infrastructure, and public services

4

Uruguay stands as the highest-ranked nation outside Europe, reflecting the value of decades of democratic stability and strong institutional development

5

Among major economies, Germany is ranked 13th, France 21st, and the UK 39th, while Japan (#33) and South Korea (#35) lead Asian governance performance.

6

The US rank of 38 and China on 55 indicate governance challenges in both nations – China due to limited political freedoms and transparency, and the US facing declining trust in institutions, polarization, and regulatory inconsistencies.

Governance Rankings

Explore how countries compare across governance indicators

Loading map data...

Loading rankings...

Explore All Six Capital Dimensions

Discover how Governance Capital connects with Natural, Economic, Social, and Intellectual Capital

View All Dimensions