Protection of minority shareholder’s interests

scale 1-7, 2007–2017

Info Edit
Country20072008200920102011201220132014201520162017
Angola3.633.242.982.722.50
Albania3.714.003.984.044.234.193.813.754.114.174.03
United Arab Emirates4.644.935.205.074.764.995.225.265.265.355.69
Argentina3.583.693.713.503.473.373.343.483.353.293.50
Armenia3.443.503.443.233.533.773.773.703.613.783.79
Australia5.865.675.225.205.265.104.945.045.065.045.15
Austria5.865.805.214.784.805.084.994.794.955.195.10
Azerbaijan3.323.583.963.763.894.013.933.863.864.094.43
Burundi3.923.773.493.333.093.122.953.083.083.533.45
Belgium5.615.485.084.905.004.934.794.935.055.045.15
Benin4.604.614.634.324.553.833.423.593.773.593.84
Burkina Faso4.804.594.424.134.083.883.563.60
Bangladesh3.923.833.653.443.523.243.133.033.063.383.36
Bulgaria3.263.633.573.463.633.743.773.923.683.773.86
Bahrain5.435.445.015.105.575.465.165.115.035.095.09
Bosnia and Herzegovina3.283.262.842.692.833.083.292.992.692.792.71
Belize3.43
Bolivia3.623.333.062.973.193.613.853.743.703.59
Brazil4.804.994.584.394.544.744.924.703.953.744.07
Barbados5.104.904.914.894.804.864.634.384.284.19
Brunei4.174.544.774.714.784.694.544.384.233.97
Bhutan4.134.244.194.244.49
Botswana4.664.884.784.804.784.554.474.564.424.384.34
Canada5.635.695.585.415.525.455.205.455.445.355.51
Switzerland5.345.464.884.734.914.804.544.754.925.145.41
Chile5.275.265.034.834.874.494.474.584.394.534.91
China3.614.154.354.374.414.204.074.144.104.304.51
Ivory Coast4.454.043.863.763.854.154.264.234.06
Cameroon3.884.264.074.374.374.103.973.883.833.993.88
Congo (Kinshasa)3.823.88
Colombia4.494.564.103.964.124.024.074.134.154.063.98
Cape Verde4.154.003.923.773.693.823.773.64
Costa Rica4.464.634.714.484.244.474.654.714.404.084.23
Cyprus4.835.225.135.105.265.104.494.304.253.813.98
Czech Republic4.134.204.093.973.994.063.954.114.324.364.35
Germany6.145.815.415.234.844.944.794.684.714.835.26
Denmark6.065.925.715.365.524.994.634.834.954.995.01
Dominican Republic3.323.663.913.754.054.274.234.063.853.923.67
Algeria4.563.873.683.923.673.113.043.513.703.693.84
Ecuador3.613.673.813.683.603.673.913.813.713.663.65
Egypt4.514.514.564.614.374.123.783.543.863.864.06
Spain4.614.814.374.154.304.213.983.753.723.894.03
Estonia4.884.934.684.504.514.324.244.404.354.354.36
Ethiopia4.264.234.444.914.634.143.913.893.843.773.55
Finland5.885.795.865.955.936.066.216.176.076.096.20
France5.105.214.854.664.774.644.524.364.544.854.86
Gabon3.623.754.134.214.10
United Kingdom5.945.565.125.145.185.215.205.275.425.445.44
Georgia3.213.533.613.493.543.613.443.543.833.613.56
Ghana5.444.914.584.514.444.394.034.114.234.17
Guinea4.053.722.992.992.812.63
Gambia4.794.995.115.094.944.794.414.424.353.964.06
Greece5.125.084.984.854.684.284.164.264.083.843.85
Guatemala3.813.833.753.763.743.744.004.043.683.673.84
Guyana3.894.073.853.793.733.713.893.803.70
Hong Kong5.615.534.974.854.985.315.655.495.375.375.62
Honduras4.164.334.013.974.114.173.904.014.254.184.14
Croatia4.034.063.713.463.453.563.583.583.553.713.64
Haiti2.512.632.852.892.932.692.45
Hungary4.734.554.334.134.133.973.984.103.784.144.14
Indonesia5.745.244.704.594.344.274.534.614.324.314.49
India5.315.244.934.504.374.434.434.064.104.524.46
Ireland5.775.674.984.484.524.704.744.824.844.714.68
Iran3.893.954.073.723.243.403.483.58
Iceland5.455.424.644.034.214.384.324.454.815.004.91
Israel5.405.535.015.045.184.724.544.534.865.155.29
Italy3.973.813.413.393.673.533.253.263.483.423.43
Jamaica4.394.684.764.584.424.344.444.594.344.584.63
Jordan5.055.355.314.894.774.824.804.664.424.394.41
Japan4.984.954.935.014.994.915.135.325.275.255.33
Kazakhstan3.693.803.753.633.643.944.094.134.274.093.93
Kenya4.444.454.073.854.103.953.974.314.174.114.21
Kyrgyzstan3.143.253.202.952.763.093.473.613.293.303.34
Cambodia3.803.853.893.823.913.943.923.633.543.563.63
South Korea5.125.134.333.833.683.703.463.443.713.713.67
Kuwait4.404.344.164.013.773.874.294.094.134.063.93
Laos4.144.324.173.913.84
Lebanon4.254.123.993.723.423.954.033.73
Liberia4.263.923.783.653.763.78
Libya4.204.344.253.603.343.072.642.38
Sri Lanka4.534.984.884.614.815.004.974.824.524.334.19
Lesotho3.853.493.613.653.843.553.493.133.083.453.15
Lithuania4.124.304.073.993.953.923.873.863.843.823.84
Luxembourg5.045.265.185.094.945.185.455.505.505.305.42
Latvia4.094.144.163.944.014.083.913.883.903.513.10
Morocco4.344.534.584.484.484.494.254.314.284.314.48
Moldova3.743.633.603.533.473.263.023.14
Madagascar3.954.173.873.543.303.123.473.433.043.013.16
Mexico4.444.484.354.054.144.304.354.294.224.053.98
Macedonia (F.Y.R.O.M.)3.783.873.763.713.683.534.004.374.083.98
Mali4.654.294.183.843.733.813.693.593.443.443.59
Malta5.335.385.255.365.135.185.164.814.854.994.91
Burma (Myanmar)2.972.852.84
Montenegro3.774.204.173.984.214.224.143.903.683.573.83
Mongolia2.902.963.143.062.943.233.603.523.303.323.05
Mozambique3.893.743.803.953.753.813.703.483.433.373.07
Mauritania4.143.833.934.253.643.582.932.412.472.262.00
Mauritius5.025.365.365.205.145.165.155.164.744.674.83
Malawi5.024.674.434.504.374.364.394.043.653.79
Malaysia5.535.415.135.025.265.235.105.335.345.105.20
Namibia4.865.295.335.214.984.714.724.794.904.894.75
Nigeria4.334.764.363.623.693.923.763.834.144.244.08
Nicaragua3.333.803.613.403.483.453.583.553.373.373.38
Netherlands5.585.535.195.115.195.365.365.415.335.185.31
Norway5.765.865.815.845.725.775.865.915.995.955.86
Nepal3.733.983.753.433.513.673.463.343.533.593.62
New Zealand5.875.836.015.645.545.825.886.075.915.705.46
Oman4.445.105.355.265.335.315.335.174.874.964.96
Pakistan4.974.694.073.933.994.044.134.023.553.573.59
Panama4.234.434.504.654.574.714.744.364.374.494.39
Peru4.234.554.584.404.374.184.164.264.224.204.13
Philippines4.664.794.314.074.014.334.504.464.374.234.30
Poland4.254.354.544.454.093.953.874.004.154.083.96
Puerto Rico5.655.695.655.775.615.665.996.08
Portugal5.185.084.654.554.484.314.244.454.083.723.86
Paraguay3.733.783.653.813.853.723.533.553.563.513.51
Qatar5.265.505.304.854.705.606.045.995.965.675.60
Romania3.774.094.284.123.803.473.343.643.723.483.79
Russia3.143.293.173.223.093.043.263.463.463.493.56
Rwanda4.724.784.844.754.704.915.045.00
Saudi Arabia4.404.764.735.105.535.475.214.995.014.914.76
Senegal4.224.944.904.524.524.203.783.754.094.154.15
Singapore5.555.725.675.525.595.515.385.465.575.665.67
Sierra Leone3.653.743.593.323.373.40
El Salvador3.914.184.133.783.753.583.003.353.613.473.20
Serbia3.023.203.152.852.782.642.742.822.803.013.02
Suriname3.593.373.213.17
Slovakia4.034.174.364.193.873.793.683.813.743.703.86
Slovenia3.914.033.803.583.383.443.573.373.403.713.61
Sweden6.376.076.016.055.955.635.625.495.435.635.46
Swaziland4.284.134.204.254.334.063.853.63
Seychelles4.544.594.374.374.163.95
Syria4.704.914.704.484.69
Chad3.793.593.663.743.352.862.552.773.183.273.21
Thailand4.884.944.814.654.534.394.734.904.704.474.53
Tajikistan3.844.084.003.914.043.933.723.513.703.903.90
Timor Leste3.093.333.203.093.003.153.122.77
Trinidad and Tobago4.484.264.314.153.723.573.653.473.443.563.75
Tunisia5.345.295.405.274.884.574.263.953.894.114.33
Turkey4.584.323.953.893.944.164.354.324.123.883.88
Tanzania4.514.244.223.953.793.893.663.583.664.004.10
Uganda3.964.194.113.983.943.853.543.403.623.763.74
Ukraine3.063.282.972.822.912.962.702.802.942.843.10
Uruguay4.254.384.324.314.494.484.554.684.574.444.36
United States5.505.615.054.754.844.814.884.965.095.195.50
Venezuela3.893.773.513.273.223.243.283.052.943.073.20
Vietnam4.484.364.404.264.083.843.433.403.603.663.71
Yemen3.133.303.083.033.063.082.81
South Africa5.645.645.485.615.845.996.226.095.986.204.87
Zambia4.854.464.384.414.364.504.674.684.484.163.97
Zimbabwe4.574.764.634.564.664.554.334.084.104.014.04

This index represents the average score from 1-7 given by a large sample group in a particular country in response to the following question: “To what extent are the interests of minority shareholders protected by the legal system?” (1 = not protected at all, 7 = fully protected).

Source: World Economic Forum