{"id":8097,"date":"2016-06-11T15:26:28","date_gmt":"2016-06-11T13:26:28","guid":{"rendered":"https:\/\/blog.iese.edu\/vcpeindex\/?page_id=8097"},"modified":"2023-11-03T20:13:29","modified_gmt":"2023-11-03T18:13:29","slug":"ranking","status":"publish","type":"page","link":"https:\/\/blog.iese.edu\/vcpeindex\/ranking\/","title":{"rendered":"Ranking"},"content":{"rendered":"<div style=\"font-size:24px; line-height:36px; text-align:center; width:100%;\">Ranking 2023<\/div>\n<div style=\"\">&nbsp;<\/div>\n<table border=\"0\" cellpadding=\"0\" cellspacing=\"0\" style=\"line-height:36px; width:100%;\">\n<tr>\n<td style=\"color:#999; font-size:10px; width:18%;\">Country<\/td>\n<td style=\"color:#999; font-size:10px; text-align:right; width:7%;\">Rank\/Trend<\/td>\n<td style=\"color:#999; font-size:10px; text-align:right; width:5%;\">Score<\/td>\n<td style=\"width:5%;\"><\/td>\n<td style=\"color:#999; font-size:10px; width:18%;\">Country<\/td>\n<td style=\"color:#999; font-size:10px; text-align:right; width:7%;\">Rank\/Trend<\/td>\n<td style=\"color:#999; font-size:10px; text-align:right; width:5%;\">Score<\/td>\n<td style=\"width:5%;\"><\/td>\n<td style=\"color:#999; font-size:10px; width:18%;\">Country<\/td>\n<td style=\"color:#999; font-size:10px; text-align:right; width:7%;\">Rank\/Trend<\/td>\n<td style=\"color:#999; font-size:10px; text-align:right; width:5%;\">Score<\/td>\n<\/tr>\n<\/table>\n<table border=\"0\" cellpadding=\"0\" cellspacing=\"0\" style=\"line-height:36px; width:100%;\">\n<tr>\n<td style=\"border-bottom:1px dotted #ccc; width:19%;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/unitedstates\/\">United States<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right; width:5%;\">1<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ccc; text-align:right; width:1%;\">&dash;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right; width:5%;\">100.0<\/td>\n<td style=\"width:5%;\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; width:19%;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/latvia\/\">Latvia<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right; width:5%;\">43<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#339900; text-align:right; width:1%;\">&uarr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right; width:5%;\">53.3<\/td>\n<td style=\"width:5%;\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; width:19%;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/georgia\/\">Georgia<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right; width:5%;\">85<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#339900; text-align:right; width:1%;\">&uarr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right; width:5%;\">34.6<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/unitedkingdom\/\">United Kingdom<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">2<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ccc; text-align:right;\">&dash;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">88.0<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/egypt\/\">Egypt<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">44<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ff0000; text-align:right;\">&darr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">53.1<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/cotedivoire\/\">Ivory Coast<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">86<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#339900; text-align:right;\">&uarr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">33.8<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/japan\/\">Japan<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">3<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#339900; text-align:right;\">&uarr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">86.8<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/hungary\/\">Hungary<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">45<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ccc; text-align:right;\">&dash;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">53.0<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/macedonia\/\">Macedonia<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">87<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#339900; text-align:right;\">&uarr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">33.7<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/canada\/\">Canada<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">4<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ccc; text-align:right;\">&dash;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">86.6<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/bulgaria\/\">Bulgaria<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">46<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ff0000; text-align:right;\">&darr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">52.7<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/azerbaijan\/\">Azerbaijan<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">88<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#339900; text-align:right;\">&uarr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">33.3<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/germany\/\">Germany<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">5<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ff0000; text-align:right;\">&darr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">84.6<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/pakistan\/\">Pakistan<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">47<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#339900; text-align:right;\">&uarr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">52.7<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/mongolia\/\">Mongolia<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">89<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#339900; text-align:right;\">&uarr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">31.3<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/koreasouth\/\">Korea, South<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">6<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#339900; text-align:right;\">&uarr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">83.1<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/chile\/\">Chile<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">48<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ff0000; text-align:right;\">&darr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">52.5<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/ecuador\/\">Ecuador<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">90<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ff0000; text-align:right;\">&darr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">31.2<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/singapore\/\">Singapore<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">7<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#339900; text-align:right;\">&uarr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">82.4<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/cyprus\/\">Cyprus<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">49<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#339900; text-align:right;\">&uarr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">52.4<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/botswana\/\">Botswana<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">91<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ff0000; text-align:right;\">&darr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">31.2<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/china\/\">China<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">8<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#339900; text-align:right;\">&uarr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">82.2<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/morocco\/\">Morocco<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">50<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ff0000; text-align:right;\">&darr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">51.9<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/montenegro\/\">Montenegro<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">92<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#339900; text-align:right;\">&uarr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">31.1<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/australia\/\">Australia<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">9<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ff0000; text-align:right;\">&darr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">81.9<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/luxembourg\/\">Luxembourg<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">51<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ff0000; text-align:right;\">&darr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">51.7<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/bosniaherzegovina\/\">Bosnia-Herzegovina<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">93<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#339900; text-align:right;\">&uarr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">30.4<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/france\/\">France<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">10<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#339900; text-align:right;\">&uarr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">81.5<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/slovenia\/\">Slovenia<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">52<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ff0000; text-align:right;\">&darr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">51.7<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/uganda\/\">Uganda<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">94<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ff0000; text-align:right;\">&darr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">30.4<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/netherlands\/\">Netherlands<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">11<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ccc; text-align:right;\">&dash;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">79.3<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/kazakhstan\/\">Kazakhstan<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">53<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ff0000; text-align:right;\">&darr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">49.9<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/zambia\/\">Zambia<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">95<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#339900; text-align:right;\">&uarr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">29.2<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/norway\/\">Norway<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">12<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#339900; text-align:right;\">&uarr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">78.8<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/tunisia\/\">Tunisia<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">54<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#339900; text-align:right;\">&uarr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">49.3<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/senegal\/\">Senegal<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">96<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#339900; text-align:right;\">&uarr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">28.4<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/denmark\/\">Denmark<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">13<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ff0000; text-align:right;\">&darr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">78.1<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/oman\/\">Oman<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">55<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#339900; text-align:right;\">&uarr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">49.3<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/malawi\/\">Malawi<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">97<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#339900; text-align:right;\">&uarr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">28.4<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/switzerland\/\">Switzerland<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">14<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ff0000; text-align:right;\">&darr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">76.2<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/kuwait\/\">Kuwait<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">56<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#339900; text-align:right;\">&uarr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">49.0<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/algeria\/\">Algeria<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">98<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#339900; text-align:right;\">&uarr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">28.2<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/hongkong\/\">Hong Kong<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">15<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ff0000; text-align:right;\">&darr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">75.8<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/iceland\/\">Iceland<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">57<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#339900; text-align:right;\">&uarr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">48.9<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/armenia\/\">Armenia<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">99<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ff0000; text-align:right;\">&darr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">28.1<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/finland\/\">Finland<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">16<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ccc; text-align:right;\">&dash;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">75.6<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/qatar\/\">Qatar<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">58<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ff0000; text-align:right;\">&darr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">48.4<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/dominicanrepublic\/\">Dominican Republic<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">100<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ff0000; text-align:right;\">&darr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">28.1<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/israel\/\">Israel<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">17<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ccc; text-align:right;\">&dash;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">74.6<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/malta\/\">Malta<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">59<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#339900; text-align:right;\">&uarr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">47.8<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/moldova\/\">Moldova<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">101<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ccc; text-align:right;\">&dash;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">27.5<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/india\/\">India<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">18<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#339900; text-align:right;\">&uarr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">74.2<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/vietnam\/\">Vietnam<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">60<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#339900; text-align:right;\">&uarr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">47.7<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/zimbabwe\/\">Zimbabwe<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">102<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#339900; text-align:right;\">&uarr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">26.4<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/belgium\/\">Belgium<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">19<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ff0000; text-align:right;\">&darr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">73.9<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/croatia\/\">Croatia<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">61<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#339900; text-align:right;\">&uarr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">46.6<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/kyrgyzstan\/\">Kyrgyzstan<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">103<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ff0000; text-align:right;\">&darr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">25.9<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/malaysia\/\">Malaysia<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">20<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ff0000; text-align:right;\">&darr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">73.0<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/slovakia\/\">Slovakia<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">62<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ff0000; text-align:right;\">&darr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">46.3<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/bolivia\/\">Bolivia<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">104<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ccc; text-align:right;\">&dash;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">25.7<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/spain\/\">Spain<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">21<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ff0000; text-align:right;\">&darr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">71.4<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/bahrain\/\">Bahrain<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">63<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ff0000; text-align:right;\">&darr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">46.0<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/albania\/\">Albania<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">105<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ff0000; text-align:right;\">&darr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">25.5<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/italy\/\">Italy<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">22<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ccc; text-align:right;\">&dash;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">70.7<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/bangladesh\/\">Bangladesh<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">64<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#339900; text-align:right;\">&uarr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">45.9<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/lebanon\/\">Lebanon<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">106<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ff0000; text-align:right;\">&darr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">25.2<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/taiwan\/\">Taiwan<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">23<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ff0000; text-align:right;\">&darr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">70.5<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/colombia\/\">Colombia<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">65<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ff0000; text-align:right;\">&darr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">45.7<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/cambodia\/\">Cambodia<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">107<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ccc; text-align:right;\">&dash;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">24.4<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/ireland\/\">Ireland<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">24<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ccc; text-align:right;\">&dash;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">67.4<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/southafrica\/\">South Africa<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">66<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ff0000; text-align:right;\">&darr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">45.3<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/guatemala\/\">Guatemala<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">108<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ff0000; text-align:right;\">&darr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">23.3<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/thailand\/\">Thailand<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">25<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#339900; text-align:right;\">&uarr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">66.6<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/jordan\/\">Jordan<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">67<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#339900; text-align:right;\">&uarr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">44.2<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/burkinafaso\/\">Burkina Faso<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">109<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ff0000; text-align:right;\">&darr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">22.8<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/saudiarabia\/\">Saudi Arabia<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">26<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#339900; text-align:right;\">&uarr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">66.1<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/kenya\/\">Kenya<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">68<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#339900; text-align:right;\">&uarr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">43.6<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/elsalvador\/\">El Salvador<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">110<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ccc; text-align:right;\">&dash;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">21.8<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/poland\/\">Poland<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">27<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ff0000; text-align:right;\">&darr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">65.5<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/nigeria\/\">Nigeria<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">69<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#339900; text-align:right;\">&uarr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">43.6<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/ethiopia\/\">Ethiopia<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">111<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ccc; text-align:right;\">&dash;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">21.7<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/sweden\/\">Sweden<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">28<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ff0000; text-align:right;\">&darr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">64.0<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/belarus-2\/\">Belarus<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">70<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ff0000; text-align:right;\">&darr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">43.5<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/madagascar\/\">Madagascar<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">112<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#339900; text-align:right;\">&uarr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">21.4<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/newzealand\/\">New Zealand<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">29<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ff0000; text-align:right;\">&darr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">63.0<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/peru\/\">Peru<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">71<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ff0000; text-align:right;\">&darr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">43.3<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/paraguay\/\">Paraguay<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">113<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ff0000; text-align:right;\">&darr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">21.1<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/czechrepublic\/\">Czech Republic<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">30<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#339900; text-align:right;\">&uarr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">62.7<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/ukraine\/\">Ukraine<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">72<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#339900; text-align:right;\">&uarr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">42.9<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/cameroon\/\">Cameroon<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">114<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#339900; text-align:right;\">&uarr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">20.6<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/austria\/\">Austria<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">31<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ff0000; text-align:right;\">&darr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">62.0<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/russianfederation\/\">Russian Federation<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">73<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ff0000; text-align:right;\">&darr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">41.7<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/mali\/\">Mali<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">115<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ff0000; text-align:right;\">&darr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">20.5<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/estonia\/\">Estonia<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">32<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#339900; text-align:right;\">&uarr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">61.3<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/sri-lanka\/\">Sri Lanka<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">74<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ff0000; text-align:right;\">&darr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">41.5<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/mozambique\/\">Mozambique<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">116<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ff0000; text-align:right;\">&darr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">20.2<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/unitedarabemirates\/\">United Arab Emirates<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">33<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#339900; text-align:right;\">&uarr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">59.6<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/argentina\/\">Argentina<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">75<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ff0000; text-align:right;\">&darr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">41.5<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/nicaragua\/\">Nicaragua<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">117<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#339900; text-align:right;\">&uarr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">20.1<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/portugal\/\">Portugal<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">34<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ccc; text-align:right;\">&dash;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">59.0<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/mauritius\/\">Mauritius<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">76<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ccc; text-align:right;\">&dash;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">41.3<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/benin\/\">Benin<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">118<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ff0000; text-align:right;\">&darr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">19.6<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/indonesia\/\">Indonesia<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">35<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#339900; text-align:right;\">&uarr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">58.8<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/jamaica\/\">Jamaica<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">77<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ff0000; text-align:right;\">&darr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">41.1<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/syria\/\">Syria<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">119<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ff0000; text-align:right;\">&darr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">17.9<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/romania\/\">Romania<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">36<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#339900; text-align:right;\">&uarr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">58.2<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/ghana\/\">Ghana<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">78<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ff0000; text-align:right;\">&darr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">40.3<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/lesotho\/\">Lesotho<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">120<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ccc; text-align:right;\">&dash;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">15.6<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/turkey\/\">Turkey<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">37<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ccc; text-align:right;\">&dash;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">57.8<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/tanzania\/\">Tanzania<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">79<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#339900; text-align:right;\">&uarr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">39.7<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/angola\/\">Angola<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">121<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#339900; text-align:right;\">&uarr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">14.6<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/mexico\/\">Mexico<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">38<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ff0000; text-align:right;\">&darr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">57.6<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/panama\/\">Panama<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">80<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ff0000; text-align:right;\">&darr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">38.9<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/burundi\/\">Burundi<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">122<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#339900; text-align:right;\">&uarr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">12.5<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/brazil\/\">Brazil<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">39<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#339900; text-align:right;\">&uarr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">54.5<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/serbia\/\">Serbia<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">81<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ff0000; text-align:right;\">&darr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">38.4<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/mauritania\/\">Mauritania<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">123<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ff0000; text-align:right;\">&darr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">12.4<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/philippines\/\">Philippines<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">40<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#339900; text-align:right;\">&uarr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">54.5<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/rwanda\/\">Rwanda<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">82<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ff0000; text-align:right;\">&darr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">37.5<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/chad\/\">Chad<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">124<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ccc; text-align:right;\">&dash;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">11.8<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/lithuania\/\">Lithuania<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">41<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#339900; text-align:right;\">&uarr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">54.4<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/namibia\/\">Namibia<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">83<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ff0000; text-align:right;\">&darr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">36.7<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/venezuela\/\">Venezuela<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">125<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ccc; text-align:right;\">&dash;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">11.6<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/greece\/\">Greece<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">42<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#339900; text-align:right;\">&uarr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">54.4<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"http:\/\/blog.iese.edu\/vcpeindex\/uruguay\/\">Uruguay<\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">84<\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:#ff0000; text-align:right;\">&darr;<\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\">36.3<\/td>\n<td style=\"\">&nbsp;<\/td>\n<td style=\"border-bottom:1px dotted #ccc;\"><a href=\"\"><\/a><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\"><\/td>\n<td style=\"border-bottom:1px dotted #ccc; color:0; text-align:right;\"><\/td>\n<td style=\"border-bottom:1px dotted #ccc; text-align:right;\"><\/td>\n<\/tr>\n<\/table>\n<div style=\"color:#999; font-size:10px; line-height:36px;\">&uarr; indicates a rank increase over a five-year period. &darr; indicates a rank decrease over a five-year period.<\/div>\n<div style=\"color:#999; font-size:10px; line-height:36px; margin-top:6px;\">Last updated: 4 Nov 2023<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ranking 2023 &nbsp; Country Rank\/Trend Score Country Rank\/Trend Score Country Rank\/Trend Score United States 1 &dash; 100.0 &nbsp; Latvia 43 &uarr; 53.3 &nbsp; Georgia 85 &uarr; 34.6 United Kingdom 2 &dash; 88.0 &nbsp; Egypt 44 &darr; 53.1 &nbsp; Ivory Coast 86 &uarr; 33.8 Japan 3 &uarr; 86.8 &nbsp; Hungary 45 &dash; 53.0 &nbsp; Macedonia 87 [&hellip;]<\/p>\n","protected":false},"author":2074,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"page_with_heading.php","meta":{"footnotes":""},"class_list":["post-8097","page","type-page","status-publish","hentry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/blog.iese.edu\/vcpeindex\/wp-json\/wp\/v2\/pages\/8097","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.iese.edu\/vcpeindex\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/blog.iese.edu\/vcpeindex\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/blog.iese.edu\/vcpeindex\/wp-json\/wp\/v2\/users\/2074"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.iese.edu\/vcpeindex\/wp-json\/wp\/v2\/comments?post=8097"}],"version-history":[{"count":14,"href":"https:\/\/blog.iese.edu\/vcpeindex\/wp-json\/wp\/v2\/pages\/8097\/revisions"}],"predecessor-version":[{"id":9355,"href":"https:\/\/blog.iese.edu\/vcpeindex\/wp-json\/wp\/v2\/pages\/8097\/revisions\/9355"}],"wp:attachment":[{"href":"https:\/\/blog.iese.edu\/vcpeindex\/wp-json\/wp\/v2\/media?parent=8097"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}