Country rankings

Best Countries to Hide Money

United States has the highest Financial Secrecy Index (FSI) Overall Score in 2022 (1,951), followed by Switzerland (1,167) and Singapore (1,167). Montserrat has the lowest (5).

Year 2022138 of 235 countries

Financial Secrecy Index (FSI) Overall Score, 2022

Green is better, red is worse (lower is better). Click a place to highlight it.

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Ranking

Best first: the first 15 and last 5 of 138 countries.

Distribution Median and middle halfThe median is the middle value: half of places are above it, half below. The middle half is the range holding the central 50% of places.More in the glossary →

Each dot is one country; the lines mark the median and the middle half.

Median
165
Middle half 90.25 – 318
Average
240
138 countries
Lowest (best)
5
Montserrat
Highest (worst)
1,951
United States

Data

Click a column to sort, a row to highlight that place on the charts.

138 countries · # = rank by Financial Secrecy Index (FSI) Overall Score
#
1Montserrat574—
2San Marino1260—
3Nauru1359—
4Gambia2173—
5Slovenia2536—
6Brunei2873—
7American Samoa3069—
8Guam3270—
9Saint Lucia3372—
10Grenada3666—
11Trinidad and Tobago3969—
11Cook Islands3970—
13Dominica4465—
14Antigua and Barbuda4577—
15Iceland4642—
16Albania4754—
16North Macedonia4762—
16Estonia4744—
19Saint Vincent and the Grenadines5367—
20Fiji5870—
21Turks and Caicos Islands5976—
22Montenegro6161—
23Monaco6674—
24Paraguay7266—
25Ecuador7352—
26Belize76753rd
27Botswana8057—
27Andorra8055—
29Vanuatu8176—
30Argentina8249—
31Serbia8454—
32Bolivia8779—
33Colombia8854—
34Peru8954—
35Bulgaria9053—
36Costa Rica9156—
37Samoa9373—
38Tunisia10160—
39Slovakia10253—
39Croatia10253—
41Greece10353—
42Rwanda10672—
43El Salvador10761—
44Gibraltar11067—
45Tanzania11369—
45Namibia11371—
45Latvia11355—
48Czechia11450—
49Maldives11775—
49Curacao11776—
51Seychelles118728th
52Finland11952—
53United States Virgin Islands12072—
54Poland12246—
55Ukraine12559—
56Dominican Republic12665—
57Brazil13549—
58Mexico13953—
59Cameroon14070—
59Denmark14049—
61Morocco14666—
62Kazakhstan14763—
63Lebanon14965—
64Hungary15655—
65Pakistan15966—
65Aruba15971—
67Chile16160—
68Philippines16267—
69Uruguay16358—
70Ghana16753—
71Venezuela16872—
71Sweden16845—
71Saint Kitts and Nevis168779th
74Indonesia17056—
74Jordan17072—
76Puerto Rico17678—
77Barbados17774—
78Romania17859—
79Isle of Man19065—
80Bahrain19168—
81Turkey20061—
81Anguilla20075—
83Portugal20157—
84Egypt21168—
85Mauritius2167010th
86Liechtenstein21772—
87New Zealand23063—
88Bangladesh23275—
89Marshall Islands23671—
90Sri Lanka24176—
91Bermuda24570—
92Norway25253—
93Oman25674—
94South Africa26160—
95Guatemala26575—
96Russia27060—
96Austria27055—
98Nigeria27165—
99Kenya28267—
100Liberia28673—
101Malaysia29666—
102Malta29954—
103India31855—
103Australia31856—
105Kuwait33475—
106Algeria33579—
107Angola33679—
107Israel33659—
109Macau34163—
110France34348—
111Spain34657—
112Canada34951—
113Ireland35747—
114Belgium35953—
115Saudi Arabia36069—
116Vietnam37581—
117Thailand38070—
118Bahamas38575—
119Italy39355—
120Qatar41274—
121Jersey45963—
122Panama474737th
123Taiwan48260—
124South Korea49964—
125Cyprus51062—
126Cayman Islands516735th
127United Kingdom54747—
128Netherlands55665—
129China57866—
130Guernsey61071—
131British Virgin Islands62171—
132United Arab Emirates6487911th
133Germany681574th
134Japan76563—
135Hong Kong927651st
136Switzerland1,167702nd
136Singapore1,167676th
138United States1,95167—

What correlates with Financial Secrecy Index (FSI) Overall Score (2022)?

Pearson r against 1,447 other country metrics sharing at least 83 countries, 1 near-identical series hidden. Correlation is not causation.

Higher together

Places that have a higher Financial Secrecy Index (FSI) Overall Score tend to score higher on these

  1. Share of All Chinese Exports by ValueChina Exports by Country
    r = +0.76 · very strong · n = 104
    Plot
  2. Value of Exports from ChinaChina Exports by Country
    r = +0.75 · very strong · n = 126
    Plot
  3. National Central Gov DebtCountries with the Highest National Debt
    r = +0.74 · very strong · n = 97
    Plot
  4. Total Market CapitalizationStock Market Capitalization by Country
    r = +0.72 · very strong · n = 89
    Plot
  5. Total DebtCountries Without Debt
    r = +0.71 · very strong · n = 127
    Plot
  6. Total Military SpendingMilitary Spending by Country
    r = +0.71 · very strong · n = 95
    Plot

Opposite directions

Places that have a higher Financial Secrecy Index (FSI) Overall Score tend to score lower on these

  1. ZeroPark 2020Tier 1 Countries
    r = −0.51 · strong · n = 135
    Plot
  2. Net International Investment PositionNet International Investment Position by Country
    r = −0.46 · moderate · n = 95
    Plot
  3. Brain Drain IndexBrain Drain Countries
    r = −0.46 · moderate · n = 105
    Plot
  4. Hypertension Age-Standardized Prevalence Females 30-79Hypertension Rates by Country
    r = −0.45 · moderate · n = 117
    Plot
  5. Year First Franchise OpenedBurger King by Country
    r = −0.45 · moderate · n = 102
    Plot
  6. Brain DrainFailed States
    r = −0.45 · moderate · n = 106
    Plot

Quick answers

Which country has the highest Financial Secrecy Index (FSI) Overall Score?
United States has the highest Financial Secrecy Index (FSI) Overall Score in 2022, at 1,951, followed by Switzerland (1,167) and Singapore (1,167).
Which country has the lowest Financial Secrecy Index (FSI) Overall Score?
Montserrat has the lowest Financial Secrecy Index (FSI) Overall Score in 2022, at 5.
What is the median Financial Secrecy Index (FSI) Overall Score across countries?
The median is 165 across the 138 countries with data in 2022.
Where does this best countries to hide money data come from?
Rankodex compiles it from World Population Review and the primary sources it cites: 10 Best Countries For Offshore Banking in 2023 - Statrys; The U.S. is now the best country for illegally hiding money, report finds - CBS News; Top 10 Countries for Financial Secrecy - Best Citizenships; Financial Secrecy Index - Tax Justice Network.