Business Credit Access

Composite 0-100 points for how realistically firms can access formal credit, using banking stability, economic freedom, account access, prosperity, fintech, rule of law and price stability.
1 Luxembourg89 points 89 points 89
2 Singapore88 points 88 points 88
3 Switzerland87 points 87 points 87
4 Denmark85 points 85 points 85
4 Sweden85 points 85 points 85
4 Ireland85 points 85 points 85
7 Norway84 points 84 points 84
7 Netherlands84 points 84 points 84
7 Finland84 points 84 points 84
10 New Zealand82 points 82 points 82
10 Greenland82 points 82 points 82
10 Liechtenstein82 points 82 points 82
10 Germany82 points 82 points 82
10 Austria82 points 82 points 82
10 Australia82 points 82 points 82
10 Gibraltar82 points 82 points 82
17 Estonia81 points 81 points 81
17 Canada81 points 81 points 81
17 United Kingdom81 points 81 points 81
17 Hong Kong81 points 81 points 81
21 Faroe Islands80 points 80 points 80
21 Iceland80 points 80 points 80
23 France79 points 79 points 79
23 United States79 points 79 points 79
23 Lithuania79 points 79 points 79
23 Belgium79 points 79 points 79
27 United Arab Emirates78 points 78 points 78
27 Malta78 points 78 points 78
29 Czech Republic77 points 77 points 77
29 Portugal77 points 77 points 77
29 Monaco77 points 77 points 77
29 Spain77 points 77 points 77
29 Turks and Caicos Islands77 points 77 points 77
34 British Virgin Islands76 points 76 points 76
34 Chinese Taipei76 points 76 points 76
34 Slovenia76 points 76 points 76
34 Latvia76 points 76 points 76
34 Bermuda76 points 76 points 76
34 Aruba76 points 76 points 76
40 Cayman Islands75 points 75 points 75
40 Korea Republic75 points 75 points 75
40 U.S. Virgin Islands75 points 75 points 75
40 Macau75 points 75 points 75
40 Sint Maarten75 points 75 points 75
45 Cyprus74 points 74 points 74
45 Italy74 points 74 points 74
45 Slovakia74 points 74 points 74
45 Guam74 points 74 points 74
45 Israel74 points 74 points 74
45 Japan74 points 74 points 74
45 Qatar74 points 74 points 74
45 Bahrain74 points 74 points 74
53 Georgia73 points 73 points 73
53 Puerto Rico73 points 73 points 73
53 New Caledonia73 points 73 points 73
53 Malaysia73 points 73 points 73
53 Poland73 points 73 points 73
58 Croatia72 points 72 points 72
58 Panama72 points 72 points 72
58 Saudi Arabia72 points 72 points 72
58 Saint-Martin72 points 72 points 72
62 Réunion71 points 71 points 71
62 Curacao71 points 71 points 71
62 Martinique71 points 71 points 71
62 Mauritius71 points 71 points 71
62 Northern Mariana Islands71 points 71 points 71
62 Saint Pierre and Miquelon71 points 71 points 71
62 Tahiti71 points 71 points 71
62 Uruguay71 points 71 points 71
70 Guadeloupe70 points 70 points 70
70 Chile70 points 70 points 70
70 French Guiana70 points 70 points 70
70 Brunei70 points 70 points 70
70 Costa Rica70 points 70 points 70
70 Oman70 points 70 points 70
70 American Samoa70 points 70 points 70
77 Hungary69 points 69 points 69
77 Kuwait69 points 69 points 69
77 Bulgaria69 points 69 points 69
77 Romania69 points 69 points 69
77 Montserrat69 points 69 points 69
82 Greece68 points 68 points 68
82 Andorra68 points 68 points 68
82 Trinidad and Tobago68 points 68 points 68
85 Armenia67 points 67 points 67
85 San Marino67 points 67 points 67
87 Cook Islands66 points 66 points 66
87 Thailand66 points 66 points 66
89 North Macedonia65 points 65 points 65
89 Barbados65 points 65 points 65
89 Dominican Republic65 points 65 points 65
89 Mayotte65 points 65 points 65
89 Kazakhstan65 points 65 points 65
94 Botswana64 points 64 points 64
94 Montenegro64 points 64 points 64
94 Kosovo64 points 64 points 64
94 Bosnia and Herzegovina64 points 64 points 64
94 Bahamas64 points 64 points 64
94 Brazil64 points 64 points 64
94 Albania64 points 64 points 64
94 Seychelles64 points 64 points 64
102 Serbia63 points 63 points 63
103 Peru62 points 62 points 62
103 South Africa62 points 62 points 62
103 Wallis and Futuna62 points 62 points 62
103 Maldives62 points 62 points 62
103 Mexico62 points 62 points 62
108 Azerbaijan61 points 61 points 61
108 Grenada61 points 61 points 61
108 Niue61 points 61 points 61
108 Paraguay61 points 61 points 61
108 Indonesia61 points 61 points 61
108 Jordan61 points 61 points 61
108 Namibia61 points 61 points 61
115 Jamaica60 points 60 points 60
115 China60 points 60 points 60
115 Turkey60 points 60 points 60
115 Antigua and Barbuda60 points 60 points 60
115 El Salvador60 points 60 points 60
115 Philippines60 points 60 points 60
121 Saint Kitts and Nevis59 points 59 points 59
121 Belize59 points 59 points 59
121 Anguilla59 points 59 points 59
121 Mongolia59 points 59 points 59
121 Saint Vincent and the Grenadines59 points 59 points 59
121 Colombia59 points 59 points 59
127 Moldova58 points 58 points 58
127 Vietnam58 points 58 points 58
127 Gabon58 points 58 points 58
127 Ecuador58 points 58 points 58
127 Morocco58 points 58 points 58
127 Guatemala58 points 58 points 58
133 Swaziland57 points 57 points 57
133 Kenya57 points 57 points 57
133 Saint Lucia57 points 57 points 57
133 Fiji57 points 57 points 57
133 Rwanda57 points 57 points 57
133 Bhutan57 points 57 points 57
133 Cambodia57 points 57 points 57
140 Belarus56 points 56 points 56
140 Kyrgyzstan56 points 56 points 56
140 Guyana56 points 56 points 56
140 India56 points 56 points 56
140 Uzbekistan56 points 56 points 56
145 Argentina55 points 55 points 55
145 Dominica55 points 55 points 55
145 Samoa55 points 55 points 55
145 Cape Verde55 points 55 points 55
149 Honduras54 points 54 points 54
150 Russia53 points 53 points 53
150 Tanzania53 points 53 points 53
150 Uganda53 points 53 points 53
153 Ghana52 points 52 points 52
153 Lesotho52 points 52 points 52
153 Senegal52 points 52 points 52
153 Sri Lanka52 points 52 points 52
153 Djibouti52 points 52 points 52
158 Nicaragua51 points 51 points 51
158 Ukraine51 points 51 points 51
158 Bolivia51 points 51 points 51
158 Ivory Coast51 points 51 points 51
158 Tonga51 points 51 points 51
158 Tunisia51 points 51 points 51
158 Egypt51 points 51 points 51
158 Nepal51 points 51 points 51
158 Zambia51 points 51 points 51
167 Micronesia49 points 49 points 49
167 Benin49 points 49 points 49
167 Congo49 points 49 points 49
167 Nigeria49 points 49 points 49
167 Algeria49 points 49 points 49
172 Gambia48 points 48 points 48
172 Tajikistan48 points 48 points 48
172 Suriname48 points 48 points 48
175 Mauritania47 points 47 points 47
175 Papua New Guinea47 points 47 points 47
175 Togo47 points 47 points 47
178 Iraq46 points 46 points 46
178 Bangladesh46 points 46 points 46
178 Cameroon46 points 46 points 46
178 Guinea46 points 46 points 46
178 Solomon Islands46 points 46 points 46
178 Vanuatu46 points 46 points 46
184 Palau45 points 45 points 45
184 Comoros45 points 45 points 45
186 Angola44 points 44 points 44
186 Malawi44 points 44 points 44
186 Mozambique44 points 44 points 44
189 Laos43 points 43 points 43
189 Palestine43 points 43 points 43
189 Mali43 points 43 points 43
189 Pakistan43 points 43 points 43
189 Turkmenistan43 points 43 points 43
194 Madagascar42 points 42 points 42
194 Burkina Faso42 points 42 points 42
196 Equatorial Guinea41 points 41 points 41
196 Ethiopia41 points 41 points 41
196 Liberia41 points 41 points 41
199 Nauru40 points 40 points 40
200 Libya39 points 39 points 39
201 Congo DR38 points 38 points 38
201 Marshall Islands38 points 38 points 38
201 São Tomé and Príncipe38 points 38 points 38
204 Sierra Leone37 points 37 points 37
204 Central African Republic37 points 37 points 37
206 Niger36 points 36 points 36
206 Zanzibar36 points 36 points 36
208 Tuvalu35 points 35 points 35
208 Iran35 points 35 points 35
208 Myanmar35 points 35 points 35
211 Kiribati34 points 34 points 34
211 Haiti34 points 34 points 34
211 Timor-Leste34 points 34 points 34
214 Zimbabwe33 points 33 points 33
214 Burundi33 points 33 points 33
214 Venezuela33 points 33 points 33
217 Lebanon30 points 30 points 30
217 Chad30 points 30 points 30
219 Guinea-Bissau28 points 28 points 28
219 Cuba28 points 28 points 28
221 Afghanistan23 points 23 points 23
222 Eritrea21 points 21 points 21
223 Syria20 points 20 points 20
223 Western Sahara20 points 20 points 20
223 Yemen20 points 20 points 20
226 Sudan19 points 19 points 19
227 Somalia17 points 17 points 17
228 South Sudan16 points 16 points 16
229 Korea DPR9 points 9 points 9

Last rating: June 17th, 2026

How the Raw Value Is Calculated

The raw value is a Nomadino 0-100 point value for practical business credit access. 0 means financing is very difficult, while 100 means business finance is accessible, stable and legally enforceable.

The starting point is Nomadino data on banking stability, economic freedom, expat banking ease, GDP per capita at purchasing power parity, fintech development, rule of law and inflation stability. The result is checked against World Bank financial data and Enterprise Surveys.

The calculation combines seven blocks: banking stability counts for 25%, economic freedom 20%, expat banking ease 15%, GDP per capita at purchasing power parity 15%, fintech development 10%, rule of law 10%, and inflation stability 5%.

The indicator does not only measure whether a formal credit market exists. It also considers whether banks are resilient, contracts can be enforced, prices remain stable and digital finance channels are actually useful to firms.

For countries and territories without complete direct coverage, Nomadino uses maintained replacement values. They are checked against regional peers, administering states, banking indicators and available business-environment data.

The score equals the raw value. A higher raw value therefore improves the ranking.