That doesn't mean much for me because what's written on paper is different from what's actually happening. For example, Russia can create the best privacy-protecting rules but will anyone really believe that they'll be enforced? I do not compare Switzerland to Russia, there is a difference between these two countries but I'd say that it doesn't mean much.
Although I get the point, I disagree, because even though rules are often selectively avoided at a nation-state level, it's better to exist, than to not exist at all. Yes, the authorities misuse their power and they often use laws to enforce certain policies that aren't fair, but nevertheless, when a rule exists, it's more difficult to avoid it than when it doesn't exist.
But, of course, no country can be considered a privacy heaven.
Yes, I agree with you, it's better to have laws than to not have laws and countries also matter because, for example, if the same law is written in Russia and in Switzerand, I'd definitely stick with Switzerland because such laws are strictly protected in Switzerland compared to Russia but my exact point was that despite the fact that it's written, it doesn't mean that it's protected and followed 100%.
I did some research and as it seems, Iceland should be a very good option for VPN companies because of their very pro-privacy laws.