Machine Economy Index

Composite health score for the machine economy. Updated daily from normalized rail metrics and the Legal Rail Readiness Score.

31.4[28, 36]

Updated 2026-09-17 15:05 UTC · v1.2

Robustness band (§6.7 sensitivity over weights and goalposts). Methodology

Geometric 31.4 · Arithmetic 35.6 · Gap 4.2

7-day change

Payment↓ −1.00 this week

Physical→ stable this week

Legal→ stable this week

Macro↓ −1.00 this week

Arrows show 7-day change on a 1–100 scale. Legal links to the LRRS breakdown below.

How the index is built

Four components, weighted equally

Each rail scores on a 1–100 scale. The index is their geometric mean.

Payment

Physical

Legal

Macro

MEI 31.4

avg 35.6

4 metrics

6 metrics

LRRS

4 metrics

31.4

Geometric (MEI)

35.6

Simple average

4.2

Balance gap

The geometric mean sits at or below a simple average — the gap grows as the four components spread apart.

Legal readiness

Legal Rail Readiness Score (LRRS)

How far the world's legal frameworks have caught up with the machine economy, weighted by each jurisdiction's share of world GDP.

12GDP-weighted coverage

Stablecoin·30%

35.6%

Sandbox·16.7%

9.6%

Legal identity·30%

0.0%

Free zone·16.7%

0.0%

Multilateral·6.7%

0.0%

Bars show the share of in-scope world GDP with a framework in force; the dashed line marks 89.1% — the combined GDP of all jurisdictions in scope (the practical ceiling).

Coverage is currently concentrated in stablecoin frameworks — led by MiCA across EU member states.

No jurisdiction in scope yet has an operational machine-readable legal-identity framework.

No jurisdiction in scope yet has an operational framework for free zones or multilateral instruments.

MEI Score History

Daily composite score — updated daily

Methodology summary

The MEI is an equal-weighted geometric mean across four components (three rails plus realized demand). Each component is normalized from its constituent metrics on a 1–100 scale. See the Methodology for the full derivation.

On being opinionated

The MEI is transparently opinionated — like every major reference index, its metric selection, normalization bounds, and aggregation rules are deliberate editorial choices, published in full and versioned when changed. Credibility comes from consistency and transparency, not from pretending to be above judgment.

Read the full case for equal weights and geometric aggregation →

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