2nd International Conference on Contemporary Issues in Commerce, İstanbul, Türkiye, 9 - 10 Mayıs 2023, sa.66, ss.11
Domestic or foreign investments in a country depend on many criteria such as people's education, life
quality, political and social structures as well as market needs, and the cheap workforce. Therefore, the
investment decision to be made includes many criteria. At this point, countries can make various
breakthroughs to attract more investments. It can be misleading to look only at economic data when
making comparisons between countries. At this point, it will be effective to include the human capital
and living standards of the countries in the calculation. This study will perform Data Envelopment
Analysis between the Human Development Index published by the United Nations and the Investment
data shared in the World Economic Outlook's April 2023 Report and will determine the productivity of
countries in receiving investment. As the most up-to-date data, the data for 2021 will be analyzed in
Rstudio software and it will be determined which countries come to the fore in 2021 compared to other
countries' data. In this way, it is planned to discover the countries that have received the maximum
investment with the minimum Human Development score among the developing G20 countries.