Appendix B - Indicator Scores

Overall Scoring

Political Freedom Score

(1-10)

Change in Political Freedom Score

(1-10)

Literacy Score (0-10)

Education Emphasis Score

(0-10)

Expected Educational Achievement Score (0-10)

Scientists & Engineers Score

(0-10)

Religion Score

Population Size Score

(0-10)

Population Growth Score

(0-10)

Population under 15

(0-10)

GDP Score

(0-10)

GDP per Capital Score

(0-10)

GDP Growth Score

(0-10)

Corporate Income Tax Rate Score

(0 to 10)

Individual Income Tax Rate Score

(0 to 10)

Value Added Tax Rate Score

(0 to 10)

Inflation Rate Score

(0-10)

Inflation Rate Improvement Score

( -10 to 10)

Investment/GDP Score

(0 to 10)

R&D Expenditures Score

(0 to 10)

Military Expenditures Score

(0-10)

Unemployment Score

(0 to 10)

Corporate Capital Gains Tax Rate Score (0 to 10)

Individual Capital Gains Tax Rate Score

(0 to 10)

Investment Restriction Controls Score

(0 to 10)

Exchange Controls Score

(0 to 10)

Foreign Branch Taxation Score

(0 to 10)

Regional Alliances Score

(0 to 10)

Exports/GDP Score

(0 to 10)

Exports per Capita Score

(0-10)

Export Growth Rate Score

(0-10)

Imports/GDP Score

(0-10)

Trade Balance/GDP Score

(-10 to 10)

Political Risk Score

(0 to 10)

Financial Risk Score

(0 to 10)

Economic Risk Score

(0 to 10)

Historical Currency Strength Score

(0 to 10)

Argentina

10

10

8.5

4.5

7.5

0.6

7

1.7

5.3

5.2

1.7

1.4

2.3

6.7

7.0

2.8

8.0

1.4

2.2

0.9

8.0

1.8

10.0

9.7

0.0

10.0

4.8

3.0

0.6

0.2

3.8

0.5

0.2

4.9

3.5

0.7

1.0

Australia

10

1

9.8

6.5

7.7

4.4

9

1.2

6.1

7.8

2.3

5.2

3.4

6.7

7.0

2.8

8.5

-0.7

2.8

4.0

7.0

6.3

10.0

9.7

0.0

10.0

4.8

0.0

0.7

0.7

2.1

0.8

-0.9

7.1

8.4

7.2

4.3

Austria

10

1

9.8

6.5

8.3

2.8

7

0.8

7.8

8.9

1.7

6.6

2.6

5.7

2.6

2.0

9.0

0.5

4.7

4.3

9.0

8.4

10.0

5.0

5.0

10.0

4.1

10.0

1.2

1.5

1.1

1.4

-1.8

9.2

9.0

8.4

6.6

Belgium

10

1

9.6

6.7

8.2

3.2

7

0.9

9.1

8.9

1.9

6.1

2.2

4.5

2.4

1.8

9.0

0.3

1.3

4.9

8.0

5.9

10.0

10.0

0.0

10.0

3.3

10.0

3.6

4.3

2.6

3.1

2.4

8.1

8.4

7.0

5.9

Brazil

8.5

1

5.8

5.5

6.2

0.3

7

3.6

5.4

4.4

3.3

1.2

2.6

4.9

9.8

2.8

0.0

9.9

2.5

1.1

9.0

7.3

0.0

4.0

0.0

0.0

5.7

3.0

0.3

0.1

2.8

0.4

-0.4

0.5

4.8

0.7

0.0

Canada

10

1

9.8

9.0

10.0

4.1

8

1.5

6.9

8.1

3.2

6.0

2.7

5.0

5.0

7.2

9.0

0.1

1.9

4.6

8.0

5.9

3.4

1.9

0.0

10.0

0.7

7.0

1.4

1.6

2.9

1.2

1.3

8.0

9.4

7.2

4.8

Chile

8.5

1

8.5

3.5

6.7

0.6

7

1.1

5.0

4.8

0.8

0.7

5.2

5.5

3.0

2.8

5.0

2.1

4.9

2.3

8.0

7.9

10.0

0.4

10.0

0.0

4.0

0.0

2.0

0.3

4.7

1.9

0.1

5.6

7.4

4.0

1.4

China

1

1

4.9

3.1

0.0

0.9

7.5

10.0

6.7

5.9

3.0

0.1

8.9

6.3

3.7

3.2

3.0

3.0

1.7

7.0

8.8

8.8

10.0

0.0

0.0

4.3

0.0

1.2

0.0

6.6

1.0

1.2

4.1

1.6

7.7

2.2

Czech Republic

8.5

10

9.8

5.6

0.0

2.3

7

0.9

10.0

8.9

0.5

0.5

3.9

3.8

3.9

0.8

5.0

0.8

2.4

3.7

7.0

8.5

10.0

1.6

0.0

0.0

2.8

0.0

5.9

0.5

4.5

6.9

-10.0

6.6

5.5

4.0

3.7

France

10

1

9.8

6.9

8.3

4.5

7

2.2

8.8

8.5

4.7

6.5

9.3

5.9

1.0

2.6

9.0

0.0

1.5

7.1

7.0

4.9

10.0

0.0

0.0

0.0

5.7

10.0

1.0

1.2

2.0

0.9

0.3

7.6

8.7

6.0

5.6

Germany

10

1

9.8

5.7

8.3

5.3

9

2.6

9.0

9.6

5.4

6.2

2.6

0.0

1.2

4.0

9.0

0.6

4.0

7.4

8.0

4.4

0.0

10.0

10.0

2.2

10.0

1.3

1.6

1.5

1.1

1.2

8.3

10.0

7.9

10.0

Hong Kong

5.5

1

8.1

3.6

5.5

0.0

7.5

0.7

7.0

8.5

1.2

4.3

6.7

10.0

10.3

10.0

6.0

1.1

9.5

8.6

10.0

10.0

0.0

10.0

7.2

0.0

8.4

7.3

5.6

8.9

-7.0

4.1

7.4

6.3

5.0

India

7

1

1.3

4.5

0.0

0.3

1

8.8

4.1

3.0

2.4

0.1

5.9

1.8

4.8

5.0

-2.0

3.5

2.3

7.0

10.0

4.0

0.0

0.0

0.5

0.0

0.4

0.0

3.8

0.4

-0.4

0.0

1.9

2.6

2.4

Indonesia

2.5

1

5.2

1.5

0.0

0.3

4

4.0

4.6

3.7

1.5

0.2

6.5

5.5

5.9

6.0

5.0

1.4

7.8

0.6

8.0

10.0

3.0

0.0

10.0

0.5

4.0

1.5

0.1

4.2

1.3

1.1

3.9

8.1

6.5

2.5

Ireland

10

1

9.8

7.6

7.4

3.3

7

0.5

9.4

7.0

1.0

4.6

4.5

4.3

3.0

1.6

9.0

-0.2

0.1

4.0

8.4

4.7

10.0

2.0

10.0

10.0

3.1

10.0

3.5

3.1

4.5

2.5

7.0

7.8

7.4

7.4

5.6

Israel

8.5

1

7.2

7.1

0.0

8.5

8

0.7

2.9

4.8

1.0

3.4

4.7

2.5

2.6

3.2

4.0

-0.2

3.9

6.3

1.0

7.0

10.0

8.0

10.0

0.0

7.4

0.0

1.3

0.9

3.6

2.0

-5.7

3.6

4.5

6.0

0.4

Italy

10

1

9.4

6.2

0.0

2.3

7

2.1

10.0

10.0

4.5

6.0

2.5

3.3

0.5

2.4

8.0

0.2

1.1

3.7

8.0

5.2

3.5

5.0

10.0

10.0

1.0

10.0

0.9

1.0

2.2

0.7

0.8

6.4

9.0

6.3

4.7

Japan

8.5

1

9.8

5.6

7.7

10.0

9

3.2

9.2

9.6

7.4

7.7

3.6

2.4

0.3

8.8

10.0

0.0

5.7

8.6

9.0

8.6

1.8

4.8

0.0

10.0

0.0

0.0

0.6

0.9

3.1

0.4

1.1

7.8

10.0

8.1

7.4

Korea

7

1

8.5

5.4

7.8

4.6

4

1.9

6.8

7.4

2.3

2.1

10.0

5.3

2.8

6.0

7.5

-0.1

8.5

8.0

6.0

9.1

7.0

0.0

0.0

0.0

3.2

0.0

1.7

0.7

10.0

1.8

-1.1

4.9

9.0

7.0

4.6

Malaysia

7

1

6.4

6.3

0.0

0.2

4

1.3

2.5

1.9

1.0

0.9

7.4

6.2

6.1

6.0

8.0

0.0

9.4

1.1

6.0

8.8

10.0

8.0

0.0

0.0

4.5

4.0

5.8

1.0

7.0

5.8

-2.2

6.3

8.4

7.9

6.2

Mexico

5.5

1

7.7

6.9

6.1

0.2

7

2.7

4.0

2.6

2.1

0.8

1.0

5.7

5.9

6.0

1.0

-10.0

3.6

0.9

9.0

7.9

10.0

3.0

0.0

10.0

4.1

7.0

0.8

0.1

4.2

0.8

0.2

6.3

7.1

3.3

0.4

Netherlands

10

1

9.8

6.5

8.8

4.7

7

1.1

8.1

8.9

2.3

6.1

2.6

4.3

0.3

3.0

9.0

0.2

2.2

5.4

8.0

6.9

10.0

2.4

10.0

10.0

3.1

10.0

2.7

3.2

2.8

2.3

2.0

8.6

8.7

8.8

6.4

Pakistan

5.5

5

0.7

3.2

0.0

0.1

4

3.4

0.0

0.0

0.9

0.1

6.6

3.5

2.0

4.0

4.0

-0.2

2.2

2.6

4.0

7.9

10.0

3.0

0.0

0.0

2.6

0.0

0.8

0.0

2.6

1.1

-2.6

0.0

1.0

4.9

1.4

Philippines

7

1

7.7

2.9

6.1

0.2

7

2.4

2.5

1.5

0.8

0.2

2.1

5.5

5.9

6.0

5.0

-0.5

3.8

0.3

8.0

6.3

10.0

3.0

0.0

0.0

1.4

4.0

1.9

0.1

5.8

3.0

-9.1

1.2

1.0

3.7

2.8

Portugal

10

1

6.9

6.4

0.0

1.1

7

0.9

10.0

9.3

1.1

2.2

3.0

4.8

4.8

3.6

8.0

1.1

4.2

1.7

7.0

7.6

8.6

8.0

0.0

10.0

3.2

10.0

1.3

0.5

2.3

1.8

-4.4

5.9

7.4

7.9

3.4

Russia

5.5

5

9.8

5.2

0.0

7.7

5

3.4

10.0

8.1

3.5

1.4

0.0

3.5

7.0

0.8

0.0

9.5

5.5

2.3

0.0

6.4

10.0

4.0

0.0

0.0

3.5

0.0

0.1

7.1

0.2

3.2

5.5

0.0

0.0

Singapore

5.5

1

7.2

3.9

0.0

4.4

5

0.5

4.5

7.0

0.9

5.3

8.3

7.4

7.0

10.0

9.0

0.4

6.9

3.1

5.0

8.8

10.0

10.0

10.0

10.0

10.0

4.0

10.0

10.0

6.1

10.0

-4.0

7.6

9.4

8.4

6.1

South Africa

7

1

3.6

8.5

0.0

0.6

8

1.9

1.9

1.9

1.3

0.8

1.1

4.1

4.4

5.0

1.2

1.4

0.3

7.0

7.9

10.0

10.0

0.0

2.0

0.0

1.2

0.2

1.2

1.2

-0.9

3.7

3.5

5.1

2.6

Spain

10

1

9.4

5.6

8.4

1.9

7

1.8

9.7

9.6

2.7

3.2

3.0

5.2

4.0

8.0

0.4

2.3

2.6

8.0

0.0

8.9

0.0

0.0

0.0

4.0

10.0

0.9

0.6

3.6

1.1

-1.8

5.3

7.4

6.3

4.5

Sweden

10

1

9.8

10.0

7.8

6.5

9

0.8

9.1

8.5

2.0

7.6

1.7

7.2

0.0

9.0

0.9

0.0

10.0

7.0

6.6

10.0

4.0

5.0

10.0

5.2

10.0

1.6

2.3

2.3

1.2

2.3

8.0

9.0

6.3

4.8

Switzerland

10

1

9.8

6.7

8.0

0.0

8

0.8

7.5

9.3

2.0

10.0

1.7

9.0

6.3

9.5

0.4

3.1

7.4

8.0

8.6

1.3

5.0

10.0

4.6

0.0

1.4

2.8

1.4

1.4

0.1

10.0

10.0

8.4

6.3

Taiwan

7

1

8.1

3.6

0.0

0.0

10

1.4

4.8

6.7

2.1

3.5

8.0

7.9

4.8

10.0

8.0

5.0

10.0

2.0

0.0

0.0

5.7

0.0

5.5

1.4

8.5

4.9

2.8

6.3

9.7

10.0

Thailand

2.5

1

7.9

4.5

0.0

0.3

1

2.2

7.2

1.9

1.4

0.6

9.6

6.7

5.4

6.0

8.0

-1.4

10.0

0.6

7.0

9.3

10.0

10.0

0.0

10.0

3.1

4.0

2.1

0.2

6.8

2.6

-4.9

3.6

7.4

7.2

4.7

Turkey

7

1

4.9

3.9

5.3

0.4

4

2.2

4.3

4.4

1.6

0.7

3.1

7.5

1.4

1.4

0.0

-10.0

2.7

2.3

4.0

7.1

10.0

4.7

0.0

0.0

5.4

0.0

0.7

0.1

3.7

1.1

-3.3

3.1

0.0

2.8

0.1

United Kingdom

10

1

9.8

6.4

8.5

4.3

9

2.2

9.7

8.5

4.3

5.4

2.8

6.0

4.8

0.0

8.5

-0.8

0.5

6.3

6.0

6.3

10.0

2.0

10.0

10.0

4.3

10.0

1.0

1.0

1.9

1.0

-0.7

7.1

10.0

6.7

4.8

United States

10

1

9.8

6.5

9.1

6.6

9

4.7

7.1

7.4

10.0

6.7

2.9

4.0

3.5

8.5

0.1

1.1

7.3

5.0

7.6

5.2

2.7

10.0

10.0

3.2

7.0

0.4

0.6

2.8

0.5

-1.1

7.5

9.7

8.4

5.0