EQx2026 Launch

EQx2026 launches May 13, 2026

The new Elite Quality Index release will update country rankings, interactive maps, and downloadable research materials.

Explore Rankings and Data

ELITE QUALITY INDEX ยท EQx2026

Measuring Elite Quality:
The Sustainable Value Creation of Nations

Which countries have elites that grow the pie โ€” and which ones only take a larger slice? The EQx ranks 151 nations by the quality of their elites' business models.

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Country Scores & Global Rankings

Explore country rankings across EQx, Power, and Value through an interactive map designed to reveal patterns, differences, and underlying dynamics at a glance.

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EQx Architecture

Explore the Index Architecture

From raw signals to one Elite Quality score.

148 country indicators emerge as the granular evidence layer.

The evidence compresses into 12 pillars across the elite business model.

Power and Value organize the architecture into readable index areas.

The system resolves into the final EQx score and ranking logic.

148 Indicators
12 Pillars
4 Areas
1 Score
EQx architecture vertical spineGDP Origination National AccountsLevel 1 Elite Quality IndexLevel 2 Power and Value sub-indicesLevel 3 twelve pillarsLevel 4 indicatorsElite Business Models Financial Statements
Level 1

One composite EQx score summarises how a country's elites create or extract value.

Level 2

Four index areas split Power and Value across political and economic dimensions.

Level 3

Twelve pillars group the core mechanisms behind elite power and value creation.

Level 4

148 indicators provide the datasets that feed the pillars and final EQx score.

ASK THE EQx

“What explains differences in Elite Quality across countries?”
“How does Power differ from Value in shaping rankings?”
“Can a country rank high in Power but low in Value โ€” and why?”
“Which country has improved the most in EQx this year?”
“How does Elite Quality relate to economic and human development?”

Instant access to the full EQx dataset โ€” scores, rankings, Pillar breakdowns, and historical trends โ€” in plain language.

Chatbot EQx

SUSTAINABLE VALUE CREATION

The Overarching Sustainable Value Creation (SVC) Project

The Sustainable Value Creation (SVC) Project comprises two complementary flagship measurements. Formally articulated as the Elite Theory of Economic Development (ETED), the SVC Project integrates disparate fields โ€” including economics, finance, management, and political science โ€” into a systematic project aimed at identifying the true sources of national wealth. The Elite Quality Index (EQx) is an internationally comparative political economy index that measures the aggregate propensity of a countryโ€™s elites to create rather than extract value across 151 nations. The Value Creation Rating (VCr) operates at the firm level, assessing the proportion of value creation relative to value transfer across the business models of listed companies worldwide. Together, they form an integrated measurement architecture spanning the macro, meso, and micro levels of economic analysis โ€” linking the business model decisions of individual organizations (micro) to elite agency at the national elite system (meso) level, and from there to macro-level economic and developmental outcomes.

ELITE QUALITY INDEX (EQx)

What do national elites do with their power?

They shape whether value is created โ€” or extracted โ€” within an economy. The Elite Quality Index (EQx) reveals how elites use that power: to grow the economic pie or capture a larger share of it. It ranks 151 countries based on the extent to which their business models create value or extract it, providing policymakers, investors, and institutions with a clear, data-driven view of how nations generate sustainable prosperity.

7th edition ยท 151 countries ยท 148 indicators

VALUE CREATION RATING (VCr)

What the EQx does for nations, the VCr does for firms

The Value Creation Rating (VCr) reveals whether companies create value โ€” or extract it โ€” from their stakeholders. It tracks how value flows across business models, distinguishing between value generated and value transferred from society, the environment, or future generations.

The latest VCr analysis covers 1,000 companies across 102 metrics, providing investors, executives, and policymakers with a clear, data-driven view of long-term performance, risk, and real economic contribution โ€” beyond traditional financial indicators.

WHAT

What Are Elites

Elites are narrow, coordinated groups that run the largest income-generating business models in an economy. They exist in every society on earth โ€” an empirical inevitability.

Learn more โ†’

WHY

Why Elites Matter

Elite business models are key determinants of a nation's prosperity. Whether elites allocate society's resources to value creation or rent seeking determines economic and human development.

Learn more โ†’

HOW

How Do We Measure Elite Quality

EQx does not measure elites directly. It evaluates the degree of value creation in their business models, using 148 indicators across four levels: Index, Sub-indices, Pillars, and Indicators.

Methodology โ†’

How is Elite Quality measured?

Elite Quality is measured through the Elite Quality Index (EQx), which assesses a nationโ€™s elite system at the meso level based on a dual ontology of value creation versus extractive value transfers. It aggregates over one hundred macro-level indicators into 12 pillars, organized into four index areas across Political and Economic dimensions, and two sub-indices: โ€œPowerโ€ (future value extraction) and โ€œValueโ€ (current value creation). Together, these elements produce a single composite score and ranking, capturing a countryโ€™s capacity for sustainable development.

What is Power?

The capacity to enforce oneโ€™s preferences; Power is therefore conceived of as potential future Value Extraction.

What is Value?

The outcome of first-order productive activities; Value creation is inclusive as it increases the size of the overall economic pie for all.

What is Political?

The dimension where business model rules are determined and Value Creation/Extraction is enabled.

What is Economic?

The dimension where Value Creation/Extraction is implemented via elite business models.

EQx INSIGHTS

View More Reports
Country Analysis

Argentina cae en el ranking de "calidad de elites"

Argentina retrocede posiciones en el Indice EQx de calidad de las elites, reflejando los desafios persistentes en la creacion de valor sostenible.

Read full country analysis โ†’
Country Analysis

La casta, a marzo: Argentina cae 16 escalones en el ranking de "calidad de las elites"

El retroceso de 16 posiciones en el indice EQx evidencia el impacto de las politicas de extraccion de rentas sobre la calidad institucional y economica del pais.

Read full country analysis โ†’
Country Analysis

Philippines improves in Elite Quality Index

The Philippines makes notable progress in the EQx2025 rankings, reflecting improvements across key pillars of elite quality and sustainable value creation.

Read full country analysis โ†’
Media Coverage

Singapore tops elite quality index for 6th time in 7 years, Faces challenges from Deglobalisation

Singapore leads the EQx rankings for the sixth time in seven years. Lianhe Zaobao reports on the city-state's performance and the emerging headwinds of deglobalisation.

Read full country analysis โ†’
Country Analysis

Switzerland takes third place in Elite Quality Index 2025

Switzerland secures the third position in the EQx2025 rankings. Switzerland Global Enterprise highlights the country's consistent commitment to elite quality principles.

Read full country analysis โ†’

Join the Elite Quality Community

FOR PARTNERS AND INSTITUTIONS

Partner with the Foundation for Value Creation

Join a global network of governments, academic institutions and organisations working to promote sustainable value creation in nations and firms.

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FOR RESEARCHERS AND ACADEMICS

Join the EQx research community

Contribute to empirical work on elite quality. Access datasets, collaborate on publications, and shape the future of the index.

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FAQ

If you have any questions remaining

Dozens of questions & answers about our project and on Elite Quality in general

Learn More