Carried out by the Milken Institute, an independent economic think tank based in California, the Global Opportunity Index assesses countries' attractiveness to international investors using a combination of economic, financial, institutional, and regulatory factors. These factors are divided into the following five categories:
-Business Perception measures the constraints facing businesses and the ease for businesses to resolve disputes.
-Economic Fundamentals captures a country's macroeconomic outlook, workforce talent, and potential for future innovation and development.
-Financial Services measures the depth and breadth of a country's access to financial services.
-Institutional Framework captures the extent to which a country's institutions help or hinder business activity.
-International Standards & Policy measures how integrated a country is within the international community and the likelihood they will conform to international standards.
In its 2021 edition, Costa Rica is positioned third in Latin America & the Caribbean, performing better than the rest of the region alongside Chile and Uruguay.