Best Countries to Invest in Europe and Central Asia 2026

Looking to invest in Europe and Central Asia? Here are the top-ranked countries in the region, scored on economic health, political stability, business climate, and growth potential.

🇨🇭Switzerlandsafe

5.2% FDI-to-GDP ratio, classified as safe for investment

Growth

1.8%

GDP/cap

$93,000

Score

🇩🇰Denmarksafe

classified as safe for investment, low inflation at 2.2%

Growth

1.5%

GDP/cap

$68,920

Score

🇱🇺Luxembourgsafe

25.5% FDI-to-GDP ratio, classified as safe for investment

Growth

1.5%

GDP/cap

$132,370

Score

🇳🇴Norwaysafe

classified as safe for investment

Growth

1.2%

GDP/cap

$89,150

Score

🇩🇪Germanysafe

classified as safe for investment, low inflation at 2.9%

Growth

0.3%

GDP/cap

$52,000

Score

🇮🇪Irelandsafe

18.5% FDI-to-GDP ratio, classified as safe for investment

Growth

2.8%

GDP/cap

$106,210

Score

🇳🇱Netherlandssafe

5.2% FDI-to-GDP ratio, classified as safe for investment

Growth

1.5%

GDP/cap

$62,450

Score

🇸🇪Swedensafe

classified as safe for investment, low inflation at 2.2%

Growth

1.2%

GDP/cap

$56,580

Score

🇫🇮Finlandsafe

classified as safe for investment, low inflation at 2%

Growth

GDP/cap

$53,980

Score

🇦🇹Austriasafe

classified as safe for investment

Growth

0.8%

GDP/cap

$57,210

Score

🇮🇸Icelandsafe

classified as safe for investment

Growth

2.5%

GDP/cap

$75,420

Score

🇧🇪Belgiumsafe

classified as safe for investment, low inflation at 2.8%

Growth

1.2%

GDP/cap

$53,680

Score

🇫🇷Francesafe

classified as safe for investment, low inflation at 2.5%

Growth

1.1%

GDP/cap

$44,940

Score

🇬🇧United Kingdomsafe

classified as safe for investment

Growth

0.5%

GDP/cap

$48,000

Score

🇪🇪Estoniasafe

classified as safe for investment

Growth

2.2%

GDP/cap

$32,150

Score

🇨🇿Czech Republicsafe

classified as safe for investment, low inflation at 2.5%

Growth

1.8%

GDP/cap

$30,850

Score

🇪🇸Spainsafe

classified as safe for investment, low inflation at 2.8%

Growth

2.5%

GDP/cap

$33,280

Score

🇱🇹Lithuaniamoderate

investment score of 74/100

Growth

2.5%

GDP/cap

$27,550

Score

🇸🇮Sloveniamoderate

low inflation at 2.8%

Growth

2.8%

GDP/cap

$30,420

Score

🇮🇹Italymoderate

low inflation at 2.2%

Growth

0.8%

GDP/cap

$38,160

Score

🇱🇻Latviamoderate

investment score of 72/100

Growth

GDP/cap

$23,250

Score

🇵🇹Portugalmoderate

low inflation at 2.5%

Growth

2.2%

GDP/cap

$27,820

Score

🇸🇰Slovakiamoderate

investment score of 72/100

Growth

2.5%

GDP/cap

$23,380

Score

🇨🇾Cyprusmoderate

12.5% FDI-to-GDP ratio, low inflation at 2.5%

Growth

2.5%

GDP/cap

$35,520

Score

🇭🇷Croatiamoderate

investment score of 66/100

Growth

2.8%

GDP/cap

$20,850

Score

🇬🇷Greecemoderate

low inflation at 2.8%

Growth

2.2%

GDP/cap

$22,840

Score

🇵🇱Polandmoderate

investment score of 62/100

Growth

GDP/cap

$19,500

Score

🇧🇬Bulgariamoderate

investment score of 62/100

Growth

GDP/cap

$15,020

Score

🇦🇱Albaniamoderate

7.8% FDI-to-GDP ratio

Growth

3.5%

GDP/cap

$7,980

Score

🇬🇪Georgiamoderate

5.5% GDP growth, 6.2% FDI-to-GDP ratio

Growth

5.5%

GDP/cap

$7,620

Score

🇦🇲Armeniamoderate

5.8% GDP growth, low inflation at 2.8%

Growth

5.8%

GDP/cap

$8,150

Score

🇷🇸Serbiamoderate

6.8% FDI-to-GDP ratio

Growth

3.5%

GDP/cap

$10,920

Score

🇰🇿Kazakhstanmoderate

investment score of 54/100

Growth

4.5%

GDP/cap

$13,250

Score

🇷🇴Romaniamoderate

investment score of 52/100

Growth

GDP/cap

$17,500

Score

🇲🇪Montenegromoderate

8.5% FDI-to-GDP ratio

Growth

3.2%

GDP/cap

$11,850

Score

🇭🇺Hungarymoderate

investment score of 50/100

Growth

1.5%

GDP/cap

$20,000

Score

🇲🇰North Macedoniamoderate

investment score of 50/100

Growth

2.5%

GDP/cap

$7,120

Score

🇦🇿Azerbaijancaution

investment score of 48/100

Growth

2.5%

GDP/cap

$7,050

Score

🇧🇦Bosnia and Herzegovinacaution

investment score of 47/100

Growth

2.2%

GDP/cap

$7,850

Score

🇺🇿Uzbekistancaution

5.8% GDP growth

Growth

5.8%

GDP/cap

$2,520

Score

🇽🇰Kosovocaution

5.2% FDI-to-GDP ratio

Growth

3.8%

GDP/cap

$5,720

Score

🇹🇷Turkeycaution

investment score of 42/100

Growth

4.5%

GDP/cap

$13,000

Score

🇲🇩Moldovacaution

investment score of 42/100

Growth

3.5%

GDP/cap

$6,250

Score

🇰🇬Kyrgyzstancaution

investment score of 38/100

Growth

4.2%

GDP/cap

$1,850

Score

🇷🇺Russiacaution

investment score of 35/100

Growth

2.8%

GDP/cap

$12,850

Score

🇧🇾Belaruscaution

investment score of 30/100

Growth

2.2%

GDP/cap

$7,850

Score

🇹🇯Tajikistancaution

5.5% GDP growth

Growth

5.5%

GDP/cap

$1,280

Score

🇹🇲Turkmenistancaution

5.5% GDP growth

Growth

5.5%

GDP/cap

$9,380

Score

🇺🇦Ukrainehigh-risk

investment score of 15/100

Growth

3.5%

GDP/cap

$4,400

Score

Methodology

Countries in Europe and Central Asia ranked by our composite investment score (0-100). The methodology is the same as our global rankings: Economic Health (30%), Political Safety (25%), Business Climate (20%), Financial Strength (15%), Growth Potential (10%).

Frequently Asked Questions

What is the best country to invest in Europe and Central Asia?

Switzerland leads Europe and Central Asia with a score of 91/100, followed by Denmark (88) and Luxembourg (86).

Is Europe and Central Asia good for foreign investors?

Europe and Central Asia offers diverse opportunities. 37 countries in the region score above 50/100 on our investment index, indicating moderate to strong investment potential.

Which Europe and Central Asia countries have the fastest economic growth?

The fastest growing economies in Europe and Central Asia are Armenia (5.8%), Uzbekistan (5.8%), Georgia (5.5%).

Want deeper analysis?

Get full investment scores, business setup guides, and AI-powered advisory for any country.