Botswana (83rd) has the third highest new business density in the world, contributing to it ranking first in sub-Saharan Africa for Economic Quality.
Read MoreVenezuela is 145th in the overall Prosperity Index rankings. Since 2011, Venezuela has moved down the rankings table by 35 places.
Venezuela performs most strongly in Natural Environment and Social Capital but is weakest in Enterprise Conditions. The biggest improvement compared to a decade ago came in Venezuela did not show an improvement in any pillar rankings when compared to last year.
Visit our Rankings table to see how Venezuela compares to other countries.